Financials
Financial year 2025
PIET DE GROOTE from Knokke-Heist, company number BE0886482406, closed financial year 2025 with a result of € 10,813 after tax. For that financial year PIET DE GROOTE recorded a gross margin of € 31,200 and equity of € 258,372. Compared with financial year 2024, the result moved from € 4,632 to € 10,813. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 258,372
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,813
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 43,370
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 113
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,309
▼ 14% vs 2024
€ 13,755 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,574
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,795
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,734 | € 18,029 | € 25,236 | € 31,200 | ▲ 24% |
| Profit after taxes | € 2,922 | € -4,262 | € 4,632 | € 10,813 | ▲ 133% |
| Equity | € 321,189 | € 316,926 | € 281,558 | € 258,372 | ▼ 8% |
| Total debts | € 132,898 | € 118,122 | € 113,764 | € 92,678 | ▼ 19% |
| Cash | € 107,372 | € 100,343 | € 64,879 | € 43,370 | ▼ 33% |
| Land & buildings | € 274,547 | € 265,582 | € 256,617 | € 247,652 | ▼ 3% |
| Retained profit | € 308,189 | € 303,926 | € 268,558 | € 245,372 | ▼ 9% |
| Dividend | € 0 | € 0 | € 40,000 | € 34,000 | ▼ 15% |
| Bank debt | € 123,326 | € 110,192 | € 96,854 | € 83,309 | ▼ 14% |
| Balance sheet total | € 454,086 | € 435,048 | € 395,322 | € 351,049 | ▼ 11% |
Key figures of PIET DE GROOTE, 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 PIET DE GROOTE?
What happened at PIET DE GROOTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,813 (▲ 133% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,922 profit in 2022 to € 10,813 profit in 2025.
Paid € 27,686 in corporate taxes since 2022.
Best year ever: 2025, with € 10,813 profit.
Paid out € 74,000 in dividends to the owners in total.
Management
Behind PIET DE GROOTE is Piet De Groote. Piet De Groote is also behind Jorik and Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist".
Directors
According to the 2025 annual accounts
Piet De Groote
Director
Also active at: Jorik, Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist"
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 140-142
8300 Knokke-Heist
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
- 0886.482.406
- VAT number
- BE 0886.482.406
- Registered office
- Dorpsstraat 140-142, 8300 Knokke-Heist
- Names & denominations
- PIET DE GROOTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2007
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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