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 7 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Kine Cauwels from Maldegem, company number BE0839741371, closed financial year 2025 with a result of € 4,750 after tax. For that financial year Kine Cauwels recorded a gross margin of € 18,495 and equity of € 184,552. Compared with financial year 2024, the result moved from € -4,311 to € 4,750. Profitable, and profit is growing. 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 January 5, 2026.
€ 184,552
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,750
▲ still € 4,311 loss in 2024
Profit after tax over the fiscal year.
€ 1,566
▼ 55% 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 € 122,052.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,344
▲ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 75,366
▼ 14% vs 2024
€ 12,207 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 208
▲ 217% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,910
▼ 84% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,745 | € 15,086 | € 9,308 | € 18,495 | ▲ 99% |
| Profit after taxes | € 149 | € 507 | € -4,311 | € 4,750 | ▲ € 9,061 |
| Equity | € 183,606 | € 184,113 | € 179,802 | € 184,552 | ▲ 3% |
| Total debts | € 163,357 | € 154,999 | € 147,714 | € 125,688 | ▼ 15% |
| Cash | € 4,767 | € 1,042 | € 3,482 | € 1,566 | ▼ 55% |
| Land & buildings | € 333,207 | € 323,500 | € 313,793 | € 304,087 | ▼ 3% |
| Retained profit | € 121,106 | € 121,613 | € 117,302 | € 122,052 | ▲ 4% |
| Bank debt | € 110,332 | € 98,946 | € 87,293 | € 75,366 | ▼ 14% |
| Balance sheet total | € 346,963 | € 339,112 | € 327,516 | € 310,240 | ▼ 5% |
Key figures of Kine Cauwels, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Kine Cauwels?
What happened at Kine Cauwels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,750. Source: NBB ↗
- New establishment in Maldegem. KBO
- Wim Cauwels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 149 profit in 2022 to € 4,750 profit in 2025.
Best year ever: 2025, with € 4,750 profit.
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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
Directors
According to the 2025 annual accounts
Wim Cauwels
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 63 box 2.02
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.741.371
- VAT number
- BE 0839.741.371
- Registered office
- Koningin Astridlaan 63 bus 2.02, 9990 Maldegem
- Names & denominations
- Kine Cauwels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2011
- Peppol
- Not registered