Financials
Financial year 2025
LAFAUT GRONDPROJECTEN from Tielt, company number BE0876734696, closed financial year 2025 with a result of € -20,776 after tax. For that financial year LAFAUT GRONDPROJECTEN recorded a gross margin of € 542,970 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 423,752 to € -20,776. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 4.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,776
▼ still € 423,752 profit in 2024
Profit after tax over the fiscal year.
€ 16,285
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.8 million.
People and assets in 2025
2.9
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 172,522
▼ 18% vs 2024
€ 59,500 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.
Debts at end 2025
€ 5.7 million
▼ 17% vs 2024
€ 149,073 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 689,259
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,468
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 596,674 | € 647,793 | € 1,369,059 | € 542,970 | ▼ 60% |
| Profit after taxes | € 314,194 | € 182,576 | € 423,752 | € -20,776 | ▼ € 444,528 |
| Equity | € 4,712,459 | € 3,737,140 | € 4,160,892 | € 4,140,116 | |
| Total debts | € 7,048,282 | € 8,400,403 | € 10,325,580 | € 9,608,705 | ▼ 7% |
| Cash | € 644,337 | € 174,022 | € 74,803 | € 16,285 | ▼ 78% |
| Land & buildings | € 1,911,209 | € 1,830,123 | € 1,749,036 | € 1,812,651 | ▲ 4% |
| Retained profit | € 4,361,859 | € 3,386,540 | € 3,810,292 | € 3,789,516 | ▼ 1% |
| Dividend | € 0 | € 1,157,895 | € 0 | € 0 | |
| Bank debt | € 6,304,138 | € 6,015,005 | € 6,878,682 | € 5,691,432 | ▼ 17% |
| Balance sheet total | € 11,760,740 | € 12,137,543 | € 14,486,472 | € 13,748,821 | ▼ 5% |
| Employees (FTE) | 3 | 4 | 4 | 2.9 | ▼ 1.1 |
Key figures of LAFAUT GRONDPROJECTEN, 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 LAFAUT GRONDPROJECTEN?
What happened at LAFAUT GRONDPROJECTEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karolien Lafaut stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20,776 (▼ € 444,528 vs 2024). Source: NBB ↗
- Karolien Lafaut became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 314,194 profit in 2022 to € 20,776 loss in 2025.
Paid € 308,073 in corporate taxes since 2022.
Best year ever: 2024, with € 423,752 profit.
On average € 187,200 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
It owns 50% of LB Constrcutie, 25% of De Wijngaard Invest BV, 20% of Cond'Or NV and 20% of Cond'Or Projects NV itself.
Directors
According to the 2025 annual accounts
Karolien Lafaut
Managing director
Also active at: Kasteel Valkenbosch, Cond'Or, Cond'Or Projects, IMMO BY KAROLIEN LAFAUT, DE WIJNGAARD INVEST, LAFAUT PROJECTS, LAFAUT INVEST
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Velodroomstraat 57A
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0876.734.696
- VAT number
- BE 0876.734.696
- Registered office
- Velodroomstraat 57A, 8700 Tielt
- Names & denominations
- LAFAUT GRONDPROJECTEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2005
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
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