Financials
Financial year 2025
SPEGELAERE MANAGEMENT from Knokke-Heist, company number BE0871111666, closed financial year 2025 with a result of € 404,971 after tax. For that financial year SPEGELAERE MANAGEMENT recorded a gross margin of € 795,039 and equity of € 3 million. Compared with financial year 2024, the result moved from € 497,436 to € 404,971. 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 October 27, 2025.
€ 3 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 404,971
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 104% 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 € 2.1 million.
People and assets in 2025
€ 29,481
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 264,956
▼ 24% vs 2024
€ 14,446 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 56,775
▲ € 51,647 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,760
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 351,197 | € 459,930 | € 879,579 | € 795,039 | ▼ 10% |
| Profit after taxes | € 292,017 | € 542,833 | € 497,436 | € 404,971 | ▼ 19% |
| Equity | € 1,566,416 | € 2,109,248 | € 2,606,684 | € 3,011,655 | ▲ 16% |
| Total debts | € 1,576,871 | € 1,498,612 | € 1,466,654 | € 1,369,341 | ▼ 7% |
| Cash | € 236,361 | € 483,395 | € 542,891 | € 1,105,735 | ▲ 104% |
| Land & buildings | € 863,096 | € 800,008 | € 749,152 | € 699,097 | ▼ 7% |
| Retained profit | € 695,730 | € 1,238,563 | € 1,735,999 | € 2,140,969 | ▲ 23% |
| Dividend | € 4,678 | € 0 | € 0 | € 0 | |
| Bank debt | € 564,834 | € 456,700 | € 348,407 | € 264,956 | ▼ 24% |
| Balance sheet total | € 3,154,133 | € 3,618,333 | € 4,083,436 | € 4,390,720 | ▲ 8% |
Key figures of SPEGELAERE MANAGEMENT, 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 October 2026.
What happened to SPEGELAERE MANAGEMENT?
What happened at SPEGELAERE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 404,971 (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Frederik Spegelaere became a director. NBB
In short
From € 292,017 profit in 2022 to € 404,971 profit in 2025.
Paid € 639,969 in corporate taxes since 2022.
Best year ever: 2023, with € 542,833 profit.
Paid out € 4,678 in dividends to the owners in total.
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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 SPEGELAERE MANAGEMENT is Frederik Spegelaere. It owns 50% of Immo Spegelaere itself.
Directors
According to the 2025 annual accounts
since 2004
Establishments
Establishment units
Physical locations of this company
Heistlaan 386
8301 Knokke-Heist
Expresweg 180
8000 Brugge
Active since 16 December 2005
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
- 0871.111.666
- VAT number
- BE 0871.111.666
- Registered office
- Heistlaan 386, 8301 Knokke-Heist
- Names & denominations
- SPEGELAERE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2005
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
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