Financials
Financial year 2025
BALCAEN LUDOVIC from Harelbeke, company number BE0890294704, closed financial year 2025 with a result of € 23,757 after tax. For that financial year BALCAEN LUDOVIC recorded a gross margin of € 73,598 and equity of € 110,645. Compared with financial year 2024, the result moved from € 24,604 to € 23,757. The company is profitable. 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 January 12, 2026.
€ 110,645
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,757
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 94,983
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 57,244 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43,216
▲ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 96,198
▲ 17% vs 2024
€ 15,688 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 10,958
▲ € 10,715 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,160
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,293 | € 99,842 | € 67,970 | € 73,598 | ▲ 8% |
| Profit after taxes | € 9,063 | € 40,796 | € 24,604 | € 23,757 | ▼ 3% |
| Equity | € 104,738 | € 124,534 | € 144,132 | € 110,645 | ▼ 23% |
| Total debts | € 216,171 | € 135,487 | € 105,237 | € 171,376 | ▲ 63% |
| Cash | € 85,736 | € 135,419 | € 52,379 | € 94,983 | ▲ 81% |
| Land & buildings | € 148,907 | € 69,573 | € 61,300 | € 53,718 | ▼ 12% |
| Retained profit | € 86,138 | € 105,934 | € 125,532 | € 92,045 | ▼ 27% |
| Dividend | € 21,799 | € 21,000 | € 5,007 | € 57,244 | ▲ € 52,237 |
| Bank debt | € 173,015 | € 96,091 | € 82,083 | € 96,198 | ▲ 17% |
| Balance sheet total | € 322,460 | € 261,474 | € 250,725 | € 283,281 | ▲ 13% |
Key figures of BALCAEN LUDOVIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BALCAEN LUDOVIC?
What happened at BALCAEN LUDOVIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,757 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- LUDOVIC BALCAEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,063 profit in 2022 to € 23,757 profit in 2025.
Paid € 48,500 in corporate taxes since 2022.
Best year ever: 2023, with € 40,796 profit.
Paid out € 105,050 in dividends to the owners in total.
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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 BALCAEN LUDOVIC is LUDOVIC BALCAEN.
Directors
According to the 2025 annual accounts
LUDOVIC BALCAEN
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Stasegemsesteenweg 76
8530 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.294.704
- VAT number
- BE 0890.294.704
- Registered office
- Stasegemsesteenweg 76, 8530 Harelbeke
- Names & denominations
- BALCAEN LUDOVIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2007
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Stukadoorswerk