Financials
Financial year 2025
Koen Noels from Meerhout, company number BE0845700240, closed financial year 2025 with a result of € 75,817 after tax. For that financial year Koen Noels recorded a gross margin of € 325,359 and equity of € 537,277. Compared with financial year 2024, the result moved from € 59,109 to € 75,817. Profitable, and profit is growing. 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 July 21, 2026.
€ 537,277
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,817
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 295,464
Cash and bank balances on the last day of the fiscal year.
€ 413,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 193,908
▲ 11% 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.
€ 51,750
▲ € 50,725 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,309
▼ 30% vs 2024
€ 10,610 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,477
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,451
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 305,838 | € 281,668 | € 279,202 | € 325,359 | ▲ 17% |
| Profit after taxes | € 97,626 | € 52,360 | € 59,109 | € 75,817 | ▲ 28% |
| Equity | € 762,991 | € 815,351 | € 874,460 | € 537,277 | ▼ 39% |
| Total debts | € 88,207 | € 94,761 | € 77,058 | € 314,384 | ▲ € 237,326 |
| Cash | € 706,460 | € 238,295 | € 294,468 | € 295,464 | |
| Retained profit | € 752,991 | € 805,351 | € 864,460 | € 527,277 | ▼ 39% |
| Dividend | € 75,000 | € 0 | € 0 | € 413,000 | |
| Bank debt | € 55,293 | € 44,635 | € 34,618 | € 24,309 | ▼ 30% |
| Balance sheet total | € 851,198 | € 910,112 | € 951,519 | € 851,661 | ▼ 10% |
Key figures of Koen Noels, 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 Koen Noels?
What happened at Koen Noels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,817 (▲ 28% vs 2024). Source: NBB ↗
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,626 profit in 2022 to € 75,817 profit in 2025.
Paid € 121,125 in corporate taxes since 2022.
Best year ever: 2022, with € 97,626 profit.
Paid out € 488,000 in dividends to the owners in total.
Management
Behind Koen Noels is KOENRAAD NOELS.
Directors
According to the 2025 annual accounts
KOENRAAD NOELS
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat 3 box 1
2450 Meerhout
Molenstraat 3 box B1
2450 Meerhout
Active since 4 May 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.700.240
- VAT number
- BE 0845.700.240
- Registered office
- Molenstraat 3 bus 1, 2450 Meerhout
- Names & denominations
- Koen Noels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2012
- Peppol
- Active · Active since 25 Jun 2025
- Contact
- [email protected]
- Activities · NACE
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