Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.2 to 3.
Financials
Financial year 2025
PIA MANU KUNSTAMBACHT DEWAELE from Ingelmunster, company number BE0829035739, closed financial year 2025 with a result of € 43,000 after tax. For that financial year PIA MANU KUNSTAMBACHT DEWAELE recorded a gross margin of € 361,057 and equity of € 468,052. Compared with financial year 2024, the result moved from € 95,287 to € 43,000. 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 October 30, 2025.
€ 468,052
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,000
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 28,447
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 31,415 paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 133,339
▼ 28% vs 2024
€ 44,400 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.
€ 40,564
▼ 13% vs 2024
Of which on lease € 1,013.
Debts at end 2025
€ 744,284
▲ 52% vs 2024
€ 110,509 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 200,190
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,240
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 380,277 | € 455,773 | € 480,428 | € 361,057 | ▼ 25% |
| Profit after taxes | € 50,136 | € 80,527 | € 95,287 | € 43,000 | ▼ 55% |
| Equity | € 346,393 | € 426,920 | € 456,467 | € 468,052 | ▲ 3% |
| Total debts | € 740,601 | € 777,512 | € 686,446 | € 1,030,573 | ▲ 50% |
| Cash | € 103,517 | € 121,706 | € 103,677 | € 28,447 | ▼ 73% |
| Land & buildings | € 336,674 | € 486,719 | € 487,331 | € 831,597 | ▲ 71% |
| Retained profit | € 327,843 | € 408,370 | € 437,917 | € 449,502 | ▲ 3% |
| Dividend | € 25,928 | € 0 | € 65,740 | € 31,415 | ▼ 52% |
| Bank debt | € 524,878 | € 550,360 | € 488,734 | € 744,284 | ▲ 52% |
| Balance sheet total | € 1,086,994 | € 1,204,432 | € 1,142,912 | € 1,498,625 | ▲ 31% |
| Employees (FTE) | - | 4.2 | 4.1 | 3 | ▼ 1.1 |
Key figures of PIA MANU KUNSTAMBACHT DEWAELE, 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 October 2026.
What happened to PIA MANU KUNSTAMBACHT DEWAELE?
What happened at PIA MANU KUNSTAMBACHT DEWAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,000 (▼ 55% vs 2024). Source: NBB ↗
- Ilse Messiaen became a director. NBB
- New establishment in Ingelmunster. KBO
- Sibbe Dewaele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 50,136 profit in 2022 to € 43,000 profit in 2025.
Paid € 88,255 in corporate taxes since 2022.
Best year ever: 2024, with € 95,287 profit.
On average € 120,400 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 PIA MANU KUNSTAMBACHT DEWAELE are Ilse Messiaen and Sibbe Dewaele. The shares are held by Sibbe-Ilse Dewaele-Messiaen.
Directors
According to the 2025 annual accounts
Ilse Messiaen
Director
since 2018
Sibbe Dewaele
Director
since 2010
Shareholders
Sibbe-Ilse Dewaele-Messiaen
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ketenstraat 4
8770 Ingelmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.035.739
- VAT number
- BE 0829.035.739
- Registered office
- Ketenstraat 4, 8770 Ingelmunster
- Names & denominations
- PIA MANU KUNSTAMBACHT DEWAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit
Schrijnwerk
Bouw van sierschouwen en open haarden