Financials
Financial year 2025
BEL PIET from Gent, company number BE0886914946, closed financial year 2025 with a result of € 88,893 after tax. For that financial year BEL PIET recorded a gross margin of € 200,470 and equity of € 827,682. Compared with financial year 2024, the result moved from € 50,950 to € 88,893. 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 June 30, 2026.
€ 827,682
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,893
▲ 74% vs 2024
Profit after tax over the fiscal year.
€ 108,293
▲ 99% 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 € 822,682.
People and assets in 2025
€ 24,992
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 359,141
▼ 10% vs 2024
€ 44,910 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 24,695
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,118
▲ 181% 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 | € 108,079 | € 171,701 | € 147,444 | € 200,470 | ▲ 36% |
| Profit after taxes | € 36,295 | € 76,915 | € 50,950 | € 88,893 | ▲ 74% |
| Equity | € 610,924 | € 687,839 | € 738,788 | € 827,682 | ▲ 12% |
| Total debts | € 330,572 | € 461,804 | € 436,967 | € 398,016 | ▼ 9% |
| Cash | € 135,091 | € 102,836 | € 54,422 | € 108,293 | ▲ 99% |
| Land & buildings | € 656,897 | € 885,400 | € 960,544 | € 924,119 | ▼ 4% |
| Retained profit | € 605,924 | € 682,839 | € 733,788 | € 822,682 | ▲ 12% |
| Bank debt | € 316,674 | € 440,332 | € 400,227 | € 359,141 | ▼ 10% |
| Balance sheet total | € 941,496 | € 1,149,643 | € 1,175,755 | € 1,225,698 | ▲ 4% |
Key figures of BEL PIET, 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 BEL PIET?
What happened at BEL PIET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,893 (▲ 74% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,295 profit in 2022 to € 88,893 profit in 2025.
Paid € 68,080 in corporate taxes since 2022.
Best year ever: 2025, with € 88,893 profit.
Management
Behind BEL PIET are Piet Vervondel and Willem Vervondel.
Directors
According to the 2025 annual accounts
Piet Vervondel
Director
Willem Vervondel
Director
Establishments
Establishment units
Physical locations of this company
Speistraat 37
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0886.914.946
- VAT number
- BE 0886.914.946
- Registered office
- Speistraat 37, 9030 Gent
- Names & denominations
- BEL PIET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2007
- Peppol
- Active · Active since 21 Jan 2024
- Contact
- belpiet.be
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk