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 4.7 to 1.
Financials
Financial year 2025
ELITE PAINTING from Roeselare, company number BE0830057209, closed financial year 2025 with a result of € 13,492 after tax. For that financial year ELITE PAINTING recorded a gross margin of € 135,966 and equity of € 289,056. Compared with financial year 2024, the result moved from € 67,890 to € 13,492. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 289,056
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,492
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 26,582
▼ 54% 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 € 270,456.
People and assets in 2025
1
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 73,050
▼ 61% vs 2024
€ 73,000 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.
€ 21,551
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 127,429
▼ 35% vs 2024
€ 48,667 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 146,135
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,869
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 341,821 | € 400,541 | € 320,175 | € 135,966 | ▼ 58% |
| Profit after taxes | € 41,071 | € 41,283 | € 67,890 | € 13,492 | ▼ 80% |
| Equity | € 166,391 | € 207,674 | € 275,564 | € 289,056 | ▲ 5% |
| Total debts | € 507,434 | € 466,429 | € 458,977 | € 420,406 | ▼ 8% |
| Cash | € 69,016 | € 93,075 | € 57,800 | € 26,582 | ▼ 54% |
| Land & buildings | € 202,984 | € 197,356 | € 187,811 | € 178,266 | ▼ 5% |
| Retained profit | € 147,791 | € 189,074 | € 256,964 | € 270,456 | ▲ 5% |
| Bank debt | € 285,227 | € 242,994 | € 195,504 | € 127,429 | ▼ 35% |
| Balance sheet total | € 673,825 | € 674,103 | € 734,541 | € 709,462 | ▼ 3% |
| Employees (FTE) | 4.8 | 4.7 | 3 | 1 | ▼ 2 |
Key figures of ELITE PAINTING, 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 ELITE PAINTING?
What happened at ELITE PAINTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,492 (▼ 80% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,071 profit in 2022 to € 13,492 profit in 2025.
Paid € 104,218 in corporate taxes since 2022.
Best year ever: 2024, with € 67,890 profit.
On average € 136,000 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 ELITE PAINTING is Kurt Vermandele. It owns 100% of Schilder en decoratiewerken Mahieu itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Meensesteenweg 438
8800 Roeselare
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0830.057.209
- VAT number
- BE 0830.057.209
- Registered office
- Meensesteenweg 438, 8800 Roeselare
- Names & denominations
- ELITE PAINTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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