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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GOLF DE DURBUY from Durbuy, company number BE0832702735, closed financial year 2025 with a result of € -612,203 after tax. For that financial year GOLF DE DURBUY recorded a gross margin of € 1.9 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 3.1 million to € -612,203. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 2.1 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -612,203
▼ still € 3.1 million profit in 2024
Profit after tax over the fiscal year.
€ 172,278
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
People and assets in 2025
26.5
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 10% vs 2024
€ 49,900 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.
€ 256,962
▼ 22% vs 2024
Of which on lease € 182,970.
Debts at end 2025
€ 4.9 million
▼ 9% vs 2024
€ 434,099 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 333,574
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 232,377
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,235,811 | € 1,559,184 | € 6,352,044 | € 1,934,488 | ▼ 70% |
| Profit after taxes | € -686,293 | € -902,040 | € 3,054,605 | € -612,203 | ▼ € 3.7 million |
| Equity | € -4,022,754 | € -324,794 | € 2,729,811 | € 2,117,607 | ▼ 22% |
| Total debts | € 10,819,361 | € 6,924,181 | € 7,008,966 | € 7,219,087 | ▲ 3% |
| Cash | € 33,922 | € 79,260 | € 83,334 | € 172,278 | ▲ 107% |
| Land & buildings | € 6,123,393 | € 5,682,941 | € 5,124,601 | € 4,822,458 | ▼ 6% |
| Retained profit | € -4,522,754 | € -5,424,794 | € -2,370,189 | € -2,982,393 | ▼ € 612,203 |
| Bank debt | € 10,552,773 | € 5,849,512 | € 5,366,977 | € 4,899,631 | ▼ 9% |
| Balance sheet total | € 6,796,608 | € 6,765,771 | € 10,874,263 | € 10,672,181 | ▼ 2% |
| Employees (FTE) | 13.9 | 18.7 | 22.1 | 26.5 | ▲ 4.4 |
Key figures of GOLF DE DURBUY, 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 GOLF DE DURBUY?
What happened at GOLF DE DURBUY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 612,203 (▼ € 3.7 million vs 2024). filed late Source: NBB ↗
- NAXIVAL became a director. NBB
- BVJS became a director. NBB
- New establishment in Havelange. KBO
- Start of the company according to the CBE. KBO
- New establishment in Durbuy. KBO
In short
From € 686,293 loss in 2022 to € 612,203 loss in 2025.
Paid € 894 in corporate taxes since 2022.
Best year ever: 2024, with € 3.1 million profit.
On average € 73,000 of value added per employee in 2025.
Management
The stake of SDA HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOLF DE DURBUYBehind GOLF DE DURBUY are NAXIVAL and BVJS. The shares are held by SDA HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bernard VAN BEEK
Also active at: LE SANGLIER DES ARDENNES, SANGLIER DES ARDENNES BY BRU, Adventure Valley Durbuy, Immo Sanglier des Ardennes, Orava, DURBUY SHOPPING, LPM2 SPORTHOTEL
since 2025
Director · represented by BEN JANSEN
Also active at: Smartphoto group, LE SANGLIER DES ARDENNES, SANGLIER DES ARDENNES BY BRU, AMAZING LAND, CREMERIE DE LA POSTE, ENSO HOSPITALITY, Adventure Valley Durbuy, LA RESERVE INVEST +19 more
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Route d'Oppagne 34
6940 Durbuy
Route d'Oppagne 24
6940 Durbuy
Active since 30 December 2010
Grand Scley(ME) 1
5372 Havelange
Active since 1 May 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Association des copropriétaires "association des propiétaires LE JARDIN DE BARVAUX (ZONE A)"
Association des Copropriétaires "association des propriétaires LE JARDIN DU CHATEAU (ZONE B)"
Association des copropiétaires "association des propriétaires LE JARDIN DU CHASSEUR, DE LA FONTAINE ET DE L'ERMITE (ZONES C, D, E2)"
Association des copropriétaires "Association des propriétaires LE JARDIN DU PRO (ZONE E1)"
Association des copropriétaires "Association des propriétaires LE JARDIN DE LA CARRIERE (ZONE F1)"
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.702.735
- VAT number
- BE 0832.702.735
- Registered office
- Route d'Oppagne 34, 6940 Durbuy
- Names & denominations
- GOLF DE DURBUY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2011
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Exploitatie van sportaccommodaties