Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
GRONDWERKEN KURT VAN THIELEN from Olen, company number BE0894732453, closed financial year 2025 with a result of € -14,643 after tax. For that financial year GRONDWERKEN KURT VAN THIELEN recorded a gross margin of € 10,434 and equity of € -9,890. Compared with financial year 2024, the result moved from € 1,107 to € -14,643. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ -9,890
▼ € 47,332 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,643
▼ still € 1,107 profit in 2024
Profit after tax over the fiscal year.
€ 19,962
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,990.
People and assets in 2025
€ 64
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,100
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,684
▼ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 2,432
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 273
▼ 72% 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 | € 45,592 | € 30,518 | € 30,994 | € 10,434 | ▼ 66% |
| Profit after taxes | € 6,812 | € 1,687 | € 1,107 | € -14,643 | ▼ € 15,750 |
| Equity | € 48,249 | € 49,935 | € 37,442 | € -9,890 | ▼ € 47,332 |
| Total debts | € 216,751 | € 208,346 | € 161,663 | € 144,077 | ▼ 11% |
| Cash | € 33,925 | € 21,212 | € 13,808 | € 19,962 | ▲ 45% |
| Land & buildings | € 1,451 | € 4,569 | € 4,012 | € 3,454 | ▼ 14% |
| Retained profit | € 34,549 | € 36,235 | € 37,342 | € -9,990 | ▼ € 47,332 |
| Dividend | € 0 | € 0 | € 0 | € 32,689 | |
| Bank debt | € 195,499 | € 174,245 | € 153,751 | € 108,684 | ▼ 29% |
| Balance sheet total | € 264,999 | € 258,281 | € 199,105 | € 134,187 | ▼ 33% |
Key figures of GRONDWERKEN KURT VAN THIELEN, 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 October 2026.
What happened to GRONDWERKEN KURT VAN THIELEN?
What happened at GRONDWERKEN KURT VAN THIELEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,643 (▼ € 15,750 vs 2024). Source: NBB ↗
- Elisabeth Julius Van den Eynde became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
- Kurt Van Thielen became a director. NBB
In short
From € 6,812 profit in 2022 to € 14,643 loss in 2025.
Paid € 5,407 in corporate taxes since 2022.
Best year ever: 2022, with € 6,812 profit.
Paid out € 32,689 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 GRONDWERKEN KURT VAN THIELEN are Kurt Van Thielen and Elisabeth Julius Van den Eynde.
Directors
According to the 2025 annual accounts
Kurt Van Thielen
Andere functie
since 2008
Elisabeth Julius Van den Eynde
Andere functie
since 2015
Establishments
Establishment units
Physical locations of this company
Kijnigestraat 16
2250 Olen
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
kurtgrondwerken.be
Registered
2009-03-25
Website info
Features
Security
Network
Details
- Company number
- 0894.732.453
- VAT number
- BE 0894.732.453
- Registered office
- Kijnigestraat 16, 2250 Olen
- Names & denominations
- GRONDWERKEN KURT VAN THIELEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2008
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- kurtgrondwerken.be
- Activities · NACE
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