Financials
Financial year 2025
LATEMBERG from Zwalm, company number BE0808206077, closed financial year 2025 with a result of € 44,954 after tax. For that financial year LATEMBERG recorded a gross margin of € 82,253 and equity of € 161,611. Compared with financial year 2024, the result moved from € 44,575 to € 44,954. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 161,611
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,954
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 157,175
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 122,825 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 67,797
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,273
▼ 33% vs 2024
€ 12,695 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,576
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,259
▼ 58% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,199 | € 112,647 | € 92,279 | € 82,253 | ▼ 11% |
| Profit after taxes | € 58,012 | € 69,582 | € 44,575 | € 44,954 | ▲ 1% |
| Equity | € 168,075 | € 219,699 | € 239,482 | € 161,611 | ▼ 33% |
| Total debts | € 16,677 | € 43,374 | € 74,503 | € 154,932 | ▲ 108% |
| Cash | € 60,919 | € 92,832 | € 108,672 | € 157,175 | ▲ 45% |
| Land & buildings | € 21,172 | € 16,462 | € 15,622 | € 13,482 | ▼ 14% |
| Retained profit | € 161,875 | € 213,499 | € 236,982 | € 159,111 | ▼ 33% |
| Dividend | € 8,553 | € 17,958 | € 21,093 | € 122,825 | ▲ € 101,732 |
| Bank debt | € 0 | € 21,536 | € 37,541 | € 25,273 | ▼ 33% |
| Balance sheet total | € 184,752 | € 263,074 | € 313,985 | € 316,543 | ▲ 1% |
Key figures of LATEMBERG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LATEMBERG?
What happened at LATEMBERG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,954 (▲ 1% vs 2024). Source: NBB ↗
- Marina Maximova became a director. NBB
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
- Wim Baelen became a director. NBB
In short
From € 58,012 profit in 2022 to € 44,954 profit in 2025.
Paid € 88,739 in corporate taxes since 2022.
Best year ever: 2023, with € 69,582 profit.
Paid out € 170,428 in dividends to the owners in total.
Management
Behind LATEMBERG are Wim Baelen and Marina Maximova.
Directors
According to the 2025 annual accounts
Wim Baelen
Director
since 2008
Marina Maximova
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Steenstraat(SML) 6
9630 Zwalm
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.206.077
- VAT number
- BE 0808.206.077
- Registered office
- Steenstraat(SML) 6, 9630 Zwalm
- Names & denominations
- LATEMBERG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2008
- Peppol
- Active · Active since 30 Jan 2025
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