Financials
Financial year 2025
Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen from Kortrijk, company number BE0874649790, closed financial year 2025 with a result of € 498,832 after tax. For that financial year Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen recorded a gross margin of € 1.9 million and equity of € 6.1 million. Compared with financial year 2024, the result moved from € 450,078 to € 498,832. Profitable, and profit is growing. 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 July 4, 2026.
€ 6.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 498,832
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 776,217
▲ 22% 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 € 3 million.
People and assets in 2025
9
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 877,307
▼ 3% vs 2024
€ 97,500 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.
€ 109,577
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 16% vs 2024
€ 439,578 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 86,981
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,409
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,324,488 | € 1,464,030 | € 1,881,382 | € 1,935,397 | ▲ 3% |
| Profit after taxes | € -14,925 | € 316,269 | € 450,078 | € 498,832 | ▲ 11% |
| Equity | € 5,041,546 | € 5,271,514 | € 5,668,091 | € 6,113,421 | ▲ 8% |
| Total debts | € 3,295,458 | € 3,051,577 | € 2,611,073 | € 2,186,709 | ▼ 16% |
| Cash | € 474,128 | € 423,038 | € 636,453 | € 776,217 | ▲ 22% |
| Land & buildings | € 5,927,959 | € 5,659,538 | € 5,412,598 | € 5,244,300 | ▼ 3% |
| Retained profit | € 1,713,923 | € 2,030,192 | € 2,480,271 | € 2,979,103 | ▲ 20% |
| Bank debt | € 2,996,259 | € 2,699,703 | € 2,346,023 | € 1,974,319 | ▼ 16% |
| Balance sheet total | € 8,584,740 | € 8,426,034 | € 8,459,315 | € 8,627,377 | ▲ 2% |
| Employees (FTE) | 10.4 | 9.4 | 10 | 9 | ▼ 1 |
Key figures of Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen, 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 Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen?
What happened at Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 498,832 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,925 loss in 2022 to € 498,832 profit in 2025.
Paid € 22,156 in corporate taxes since 2022.
Best year ever: 2025, with € 498,832 profit.
On average € 215,000 of value added per employee in 2025.
Management
Behind Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen are Eliane Spincemaille, Filip Terryn, Ben Desmyter, Stefaan Van Coillie, Piet Lombaerts and Jo Tijtgat. Eliane Spincemaille is also behind AUTONOOM GEMEENTEBEDRIJF ZWEVEGEM (AGB ZWEVEGEM). Filip Terryn is also behind INTERCOMMUNALE LEIEDAL. Ben Desmyter is also behind Dienstverlenende vereniging Westhoek and Autonoom Gemeentebedrijf De Kouter.
Directors
According to the 2025 annual accounts
Ben Desmyter
Director
Also active at: Dienstverlenende vereniging Westhoek, Autonoom Gemeentebedrijf De Kouter
Stefaan Van Coillie
Director
Piet Lombaerts
Chairman of the board
Jo Tijtgat
Director
Luc Defraye
Director
Establishments
Establishment units
Physical locations of this company
Ambassadeur Baertlaan(Kor) 5
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0874.649.790
- VAT number
- BE 0874.649.790
- Registered office
- Ambassadeur Baertlaan(Kor) 5, 8500 Kortrijk
- Names & denominations
- Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen · PSILON
- Enterprise type
- Rechtspersoon
- Legal form
- Opdrachthoudende vereniging (Vlaams Gewest)
- Legal situation
- Normale toestand
- Start date
- 23 June 2005
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected] 056/28.29.30
- Activities · NACE
Openbaar bestuur op het gebied gezondheidszorg, onderwijs, culturele diensten en andere sociale diensten
Beheer van kerkhoven en activiteiten van crematoria
Beheer van kerkhoven en crematoria