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 59 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 2.3 to 1.8.
Financials
Financial year 2025
YOUNG LINE FURNITURE from Izegem, company number BE0872249239, closed financial year 2025 with a result of € 261,498 after tax. For that financial year YOUNG LINE FURNITURE recorded a gross margin of € 555,772 and equity of € 832,203. Compared with financial year 2024, the result moved from € 197,822 to € 261,498. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 832,203
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 261,498
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 213,375
▲ € 177,784 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 € 813,603.
People and assets in 2025
1.8
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61,278
▼ 47% vs 2024
€ 34,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,155
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 864,971
▼ 17% vs 2024
€ 140,719 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 38,718
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,415
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -230,551 | € 342,248 | € 469,890 | € 555,772 | ▲ 18% |
| Profit after taxes | € -558,819 | € 49,135 | € 197,822 | € 261,498 | ▲ 32% |
| Equity | € 326,985 | € 373,029 | € 570,705 | € 832,203 | ▲ 46% |
| Total debts | € 2,134,571 | € 1,737,130 | € 1,735,301 | € 1,715,718 | ▼ 1% |
| Cash | € 7,512 | € 40,610 | € 35,591 | € 213,375 | ▲ € 177,784 |
| Land & buildings | € 832,978 | € 795,425 | € 777,043 | € 733,505 | ▼ 6% |
| Retained profit | € 305,148 | € 354,283 | € 552,105 | € 813,603 | ▲ 47% |
| Bank debt | € 1,689,124 | € 1,332,368 | € 1,042,426 | € 864,971 | ▼ 17% |
| Balance sheet total | € 2,461,556 | € 2,110,159 | € 2,306,006 | € 2,547,921 | ▲ 10% |
| Employees (FTE) | 2.3 | 2.3 | 2.1 | 1.8 | ▼ 0.3 |
Key figures of YOUNG LINE FURNITURE, 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 April 2027.
What happened to YOUNG LINE FURNITURE?
What happened at YOUNG LINE FURNITURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 261,498 (▲ 32% vs 2024). Source: NBB ↗
- TOPP AND LEGG BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- Jurgen Decruy became a director. NBB
In short
From € 558,819 loss in 2022 to € 261,498 profit in 2025.
Paid € 22,058 in corporate taxes since 2022.
Best year ever: 2025, with € 261,498 profit.
On average € 308,800 of value added per employee in 2025.
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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 YOUNG LINE FURNITURE are Jurgen Decruy and TOPP AND LEGG BV. Jurgen Decruy is also behind SLIDE FURNITURE.
Directors
According to the 2025 annual accounts
since 2005
Bestuurder · represented by Henri Decruy
since 2024
Establishments
Establishment units
Physical locations of this company
Schardouwstraat 8
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
younglinefurniture.com
Registered
2007-11-27
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-27
Website info
Features
Security
Network
Details
- Company number
- 0872.249.239
- VAT number
- BE 0872.249.239
- Registered office
- Schardouwstraat 8, 8870 Izegem
- Names & denominations
- YOUNG LINE FURNITURE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2005
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- younglinefurniture.com
- Activities · NACE
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