Active · per the CBE, 16 September 2026

DEMEULENAERE KAREL

BE0823374008

Rechtspersoon Private limited company 1 establishment

DEMEULENAERE KAREL is an electrical contractor in Houthulst. Private Limited, started on 24 February 2010, 1 establishment.

Noordwallandstraat 7, 8650 Houthulst

Behind the company: Karel Demeulenaere.

Active for

16 year, 6 months

Financials

Financial year 2025

DEMEULENAERE KAREL from Houthulst, company number BE0823374008, closed financial year 2025 with a result of € 869 after tax. For that financial year DEMEULENAERE KAREL recorded a gross margin of € 79,557 and equity of € 174,802. Compared with financial year 2024, the result moved from € 11,674 to € 869. The company is profitable. 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 August 31, 2026.

What it is worth Healthy

€ 174,802

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 869

▼ 93% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 61,108

▲ € 48,410 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1,666 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 55,542

▲ 1% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 32,083

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 30,228

€ 7,015 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 4,295

▼ 93% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 10,311

▲ 45% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 89,501 € 90,660 € 84,108 € 79,557 ▼ 5%
Profit after taxes € 11,998 € 7,265 € 11,674 € 869 ▼ 93%
Equity € 161,864 € 167,129 € 175,598 € 174,802
Total debts € 23,918 € 25,743 € 71,087 € 46,500 ▼ 35%
Cash € 22,420 € 36,380 € 12,698 € 61,108 ▲ € 48,410
Land & buildings € 45,441 € 38,763 € 32,085 € 25,408 ▼ 21%
Retained profit € 36,864 € 42,129 € 50,598 € 49,802 ▼ 2%
Dividend € 2,909 € 2,000 € 3,205 € 1,666 ▼ 48%
Bank debt € 8,640 € 2,561 € 0 € 30,228
Balance sheet total € 186,082 € 192,872 € 246,685 € 221,301 ▼ 10%

Key figures of DEMEULENAERE KAREL, 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 DEMEULENAERE KAREL?

What happened at DEMEULENAERE KAREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 869 (▼ 93% vs 2024). filed late Source: NBB ↗
  • New establishment in Houthulst. KBO
  • Start of the company according to the CBE. KBO
  • Karel Demeulenaere became a director. NBB

In short

From € 11,998 profit in 2022 to € 869 profit in 2025.

Paid € 17,201 in corporate taxes since 2022.

Best year ever: 2022, with € 11,998 profit.

Paid out € 9,780 in dividends to the owners in total.

Management

Karel Demeulenaere
DEMEULENAERE KAREL

Behind DEMEULENAERE KAREL is Karel Demeulenaere.

See the full network in the app

Directors

According to the 2025 annual accounts

Karel Demeulenaere

Director

since 2010

Establishments

Establishment units

Physical locations of this company

Registered office

Noordwallandstraat 7

8650 Houthulst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0823.374.008
VAT number
BE 0823.374.008
Registered office
Noordwallandstraat 7, 8650 Houthulst
Names & denominations
DEMEULENAERE KAREL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 February 2010
Peppol
Active · Active since 2 Jun 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Overige gespecialiseerde wetenschappelijke en technische activiteiten

Frequently asked questions

What does DEMEULENAERE KAREL do?
DEMEULENAERE KAREL is an electrical contractor in Houthulst. Private Limited, started on 24 February 2010, 1 establishment.
What is the address of DEMEULENAERE KAREL?
The registered office of DEMEULENAERE KAREL is located at Noordwallandstraat 7, 8650 Houthulst.
Is DEMEULENAERE KAREL still active?
Yes. According to the CBE (16 September 2026) DEMEULENAERE KAREL is active, legal situation “Normale toestand”, started on 24 February 2010.
Is DEMEULENAERE KAREL registered on Peppol?
Yes, DEMEULENAERE KAREL is registered on the Peppol network with ID 0208:0823374008.
What is the enterprise number of DEMEULENAERE KAREL?
The enterprise number of DEMEULENAERE KAREL is BE0823374008.
When was DEMEULENAERE KAREL founded?
DEMEULENAERE KAREL was founded on 24 February 2010.