Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Zagerij De Spiegelaere from Aalter, company number BE0846726658, closed financial year 2024 with a result of € 444 after tax. For that financial year Zagerij De Spiegelaere recorded a gross margin of € 158,112 and equity of € 442,403. Compared with financial year 2023, the result moved from € 7,767 to € 444. 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 August 28, 2025.
€ 442,403
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 444
▼ 94% vs 2023
Profit after tax over the fiscal year.
€ 50,441
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 133,953.
People and assets in 2024
€ 50,382
▼ 32% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,082
▼ 57% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 695,712
▲ 94% vs 2023
€ 48,490 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 173,021
▲ 59% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 11,686
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 207,923 | € 156,046 | € 162,205 | € 158,112 | ▼ 3% |
| Profit after taxes | € 6,627 | € 9,094 | € 7,767 | € 444 | ▼ 94% |
| Equity | € 425,098 | € 434,192 | € 441,959 | € 442,403 | |
| Total debts | € 569,910 | € 496,288 | € 485,166 | € 880,420 | ▲ 81% |
| Cash | € 75,340 | € 101,675 | € 83,449 | € 50,441 | ▼ 40% |
| Land & buildings | € 361,037 | € 326,222 | € 291,559 | € 750,314 | ▲ 157% |
| Retained profit | € 116,648 | € 125,742 | € 133,509 | € 133,953 | |
| Bank debt | € 472,749 | € 391,881 | € 358,772 | € 695,712 | ▲ 94% |
| Balance sheet total | € 1,016,170 | € 951,643 | € 948,289 | € 1,343,986 | ▲ 42% |
| Employees (FTE) | - | - | 1.6 | - |
Key figures of Zagerij De Spiegelaere, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Zagerij De Spiegelaere?
What happened at Zagerij De Spiegelaere in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 444 (▼ 94% vs 2023). filed late Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,627 profit in 2021 to € 444 profit in 2024.
Paid € 21,392 in corporate taxes since 2021.
Best year ever: 2022, with € 9,094 profit.
On average € 101,400 of value added per employee in 2023.
A new publication or filing at Zagerij De Spiegelaere? We notify you, reason included.
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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 Zagerij De Spiegelaere are Sandra De Croock and Lieven De Spiegelaere.
Directors
According to the 2024 annual accounts
Sandra De Croock
Director
Lieven De Spiegelaere
Director
Establishments
Establishment units
Physical locations of this company
Knokkebaan 44
9910 Aalter
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
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0846.726.658
- VAT number
- BE 0846.726.658
- Registered office
- Knokkebaan 44, 9910 Aalter
- Names & denominations
- Zagerij De Spiegelaere
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2012
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- zagerijdespiegelaere.be
- Activities · NACE
Zagen en schaven van hout
Groothandel in hout
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Exploitatie van bossen
Detailhandel in houten bouw- en tuinmaterialen