Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Grondwerken Van Bael from Dessel, company number BE0821504579, closed financial year 2025 with a result of € 132,978 after tax. For that financial year Grondwerken Van Bael recorded a gross margin of € 1.9 million and equity of € 530,432. Compared with financial year 2024, the result moved from € 147,873 to € 132,978. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 530,432
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,978
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 122,138
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 511,832.
People and assets in 2025
15.3
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 897,043
▲ 21% vs 2024
€ 58,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.6 million
▲ 33% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 2.2 million
▲ 5% vs 2024
€ 627,605 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 129,934
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,613
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,090,462 | € 1,407,280 | € 1,683,569 | € 1,859,174 | ▲ 10% |
| Profit after taxes | € 5,479 | € 46,170 | € 147,873 | € 132,978 | ▼ 10% |
| Equity | € 203,411 | € 249,581 | € 397,454 | € 530,432 | ▲ 33% |
| Total debts | € 2,290,287 | € 2,637,370 | € 2,450,279 | € 2,516,146 | ▲ 3% |
| Cash | € 172,918 | € 152,435 | € 298,214 | € 122,138 | ▼ 59% |
| Land & buildings | € 515,979 | € 496,500 | € 464,286 | € 432,270 | ▼ 7% |
| Retained profit | € 184,811 | € 230,981 | € 378,854 | € 511,832 | ▲ 35% |
| Bank debt | € 1,870,802 | € 2,162,455 | € 2,094,335 | € 2,205,786 | ▲ 5% |
| Balance sheet total | € 2,493,698 | € 2,886,951 | € 2,847,733 | € 3,046,577 | ▲ 7% |
| Employees (FTE) | 11.1 | 13.1 | 14.3 | 15.3 | ▲ 1 |
Key figures of Grondwerken Van Bael, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Grondwerken Van Bael?
What happened at Grondwerken Van Bael in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132,978 (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Dessel. KBO
- New establishment in Dessel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,479 profit in 2022 to € 132,978 profit in 2025.
Paid € 685 in corporate taxes since 2022.
Best year ever: 2024, with € 147,873 profit.
On average € 121,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Grondwerken Van Bael is Ivo Van Bael.
Directors
According to the 2025 annual accounts
Ivo Van Bael
Director
Establishments
Establishment units
Physical locations of this company
Akkerstraat 21
2480 Dessel
Goormansdijk 18
2480 Dessel
Active since 2 January 2026
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
- 0821.504.579
- VAT number
- BE 0821.504.579
- Registered office
- Akkerstraat 21, 2480 Dessel
- Names & denominations
- Grondwerken Van Bael
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2009
- Peppol
- Active · Active since 7 Mar 2024
- Contact
- [email protected] 0476893208
- Activities · NACE
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