Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEGRENDEL KRISTOF from Torhout, company number BE0890035376, closed financial year 2025 with a result of € 174,810 after tax. For that financial year DEGRENDEL KRISTOF recorded a gross margin of € 308,717 and equity of € 43,541. Compared with financial year 2024, the result moved from € 50,711 to € 174,810. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ 43,541
▲ € 174,810 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174,810
▲ 245% vs 2024
Profit after tax over the fiscal year.
€ 6,893
▲ € 5,662 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 € 24,941.
People and assets in 2025
€ 12,079
▲ € 9,331 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 222,715
▼ 5% vs 2024
Of which on lease € 217,502.
Debts at end 2025
€ 536,829
▼ 12% vs 2024
€ 70,831 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 50,315
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,238
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,782 | € 173,872 | € 173,621 | € 308,717 | ▲ 78% |
| Profit after taxes | € -155,389 | € 51,278 | € 50,711 | € 174,810 | ▲ 245% |
| Equity | € -233,258 | € -181,980 | € -131,269 | € 43,541 | ▲ € 174,810 |
| Total debts | € 861,357 | € 817,980 | € 772,201 | € 621,382 | ▼ 20% |
| Cash | € 2,252 | € 2,984 | € 1,231 | € 6,893 | ▲ € 5,662 |
| Land & buildings | € 293,559 | € 275,474 | € 300,451 | € 265,143 | ▼ 12% |
| Retained profit | € -251,858 | € -200,580 | € -149,869 | € 24,941 | ▲ € 174,810 |
| Bank debt | € 722,491 | € 667,309 | € 608,143 | € 536,829 | ▼ 12% |
| Balance sheet total | € 628,100 | € 636,001 | € 640,932 | € 664,923 | ▲ 4% |
Key figures of DEGRENDEL KRISTOF, 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 DEGRENDEL KRISTOF?
What happened at DEGRENDEL KRISTOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 174,810 (▲ 245% vs 2024). filed late Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,389 loss in 2022 to € 174,810 profit in 2025.
Paid € 121 in corporate taxes since 2022.
Best year ever: 2025, with € 174,810 profit.
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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
Behind DEGRENDEL KRISTOF is Kristof Degrendel.
Directors
According to the 2025 annual accounts
Kristof Degrendel
Manager
Establishments
Establishment units
Physical locations of this company
Ieperse Heerweg 9 A
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.035.376
- VAT number
- BE 0890.035.376
- Registered office
- Ieperse Heerweg 9 A, 8820 Torhout
- Names & denominations
- DEGRENDEL KRISTOF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2007
- Peppol
- Active · Active since 13 Jan 2026
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