Financials
Financial year 2026
CASTEL PROJECTS from Ieper, company number BE0885699971, closed financial year 2026 with a result of € 206,960 after tax. For that financial year CASTEL PROJECTS recorded a gross margin of € 443,682 and equity of € 856,063. Compared with financial year 2025, the result moved from € 120,105 to € 206,960. 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 October 30, 2026.
€ 856,063
▲ 32% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 206,960
▲ 72% vs 2025
Profit after tax over the fiscal year.
€ 518,964
▲ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 837,463.
People and assets in 2026
2
▲ 0.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 118,131
▲ 48% vs 2025
€ 59,100 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.
€ 36,720
▲ 7% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 23,099
▼ 66% vs 2025
Loans from banks and other lenders, long and short.
€ 140,561
▲ 12% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 51,223
▼ 30% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 332,105 | € 258,101 | € 311,226 | € 443,682 | ▲ 43% |
| Profit after taxes | € 140,573 | € 77,977 | € 120,105 | € 206,960 | ▲ 72% |
| Equity | € 451,021 | € 528,998 | € 649,103 | € 856,063 | ▲ 32% |
| Total debts | € 348,903 | € 310,999 | € 324,194 | € 267,281 | ▼ 18% |
| Cash | € 225,909 | € 320,892 | € 413,608 | € 518,964 | ▲ 25% |
| Land & buildings | € 109,525 | € 90,175 | € 76,475 | € 68,425 | ▼ 11% |
| Retained profit | € 432,421 | € 510,398 | € 630,503 | € 837,463 | ▲ 33% |
| Dividend | € 17,056 | € 0 | € 0 | € 0 | |
| Bank debt | € 126,250 | € 113,350 | € 68,488 | € 23,099 | ▼ 66% |
| Balance sheet total | € 799,924 | € 839,997 | € 973,297 | € 1,123,344 | ▲ 15% |
| Employees (FTE) | 1.6 | 1.6 | 1.6 | 2 | ▲ 0.4 |
Key figures of CASTEL PROJECTS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to CASTEL PROJECTS?
What happened at CASTEL PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 206,960 (▲ 72% vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ieper. KBO
In short
From € 140,573 profit in 2023 to € 206,960 profit in 2026.
Paid € 243,883 in corporate taxes since 2023.
Best year ever: 2026, with € 206,960 profit.
On average € 221,800 of value added per employee in 2026.
Management
Behind CASTEL PROJECTS are Josephine CASTEL and Gracien CASTEL.
Directors
According to the 2026 annual accounts
Josephine CASTEL
Director
Gracien CASTEL
Director
Establishments
Establishment units
Physical locations of this company
Meenseweg 167
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Gracien Noël Geneviève Cornelius CASTEL(oprichter) 100%
Details
- Company number
- 0885.699.971
- VAT number
- BE 0885.699.971
- Registered office
- Meenseweg 167, 8900 Ieper
- Names & denominations
- CASTEL PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten