Financials
Financial year 2025
Renovatie en Afwerking Torfs from Tielt-Winge, company number BE0862659701, closed financial year 2025 with a result of € 1,859 after tax. For that financial year Renovatie en Afwerking Torfs recorded a gross margin of € 10,477 and equity of € 62,931. Compared with financial year 2024, the result moved from € 5,714 to € 1,859. 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 August 26, 2026.
€ 62,931
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,859
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 3,967
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 44,331.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,110
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,364
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,421 | € 7,380 | € 16,436 | € 10,477 | ▼ 36% |
| Profit after taxes | € 6,345 | € -1,691 | € 5,714 | € 1,859 | ▼ 67% |
| Equity | € 57,049 | € 55,357 | € 61,071 | € 62,931 | ▲ 3% |
| Total debts | € 21,368 | € 9,437 | € 3,410 | € 1,364 | ▼ 60% |
| Cash | € 2,952 | € 5,198 | - | € 3,967 | |
| Retained profit | € 38,449 | € 36,757 | € 42,471 | € 44,331 | ▲ 4% |
| Dividend | € 60,576 | € 0 | € 0 | € 0 | |
| Bank debt | € 12,606 | € 6,330 | € 637 | € 0 | ▼ 100% |
| Balance sheet total | € 78,417 | € 64,795 | € 64,481 | € 64,294 |
Key figures of Renovatie en Afwerking Torfs, 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 Renovatie en Afwerking Torfs?
What happened at Renovatie en Afwerking Torfs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,859 (▼ 67% vs 2024). filed late Source: NBB ↗
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,345 profit in 2022 to € 1,859 profit in 2025.
Paid € 7,289 in corporate taxes since 2022.
Best year ever: 2022, with € 6,345 profit.
Paid out € 60,576 in dividends to the owners in total.
Management
Behind Renovatie en Afwerking Torfs is Theo Torfs.
Directors
According to the 2025 annual accounts
Theo Torfs
Director
Establishments
Establishment units
Physical locations of this company
Motbroekstraat 83
3390 Tielt-Winge
Motbroekstraat 81
3390 Tielt-Winge
Active since 21 January 2004
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.
Details
- Company number
- 0862.659.701
- VAT number
- BE 0862.659.701
- Registered office
- Motbroekstraat 83, 3390 Tielt-Winge
- Names & denominations
- Renovatie en Afwerking Torfs
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2004
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis