Financials
Financial year 2025
Grondwerken Degand from Torhout, company number BE1004020967, closed financial year 2025 with a result of € 4,811 after tax. For that financial year Grondwerken Degand recorded a gross margin of € 28,490 and equity of € 11,145. Compared with financial year 2024, the result moved from € 2,167 to € 4,811. 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 June 18, 2026.
€ 11,145
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,811
▲ 122% vs 2024
Profit after tax over the fiscal year.
€ 16,746
▲ 211% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,000
▼ 17% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 46,615
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66,500
▲ 76% vs 2024
€ 16,076 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 323
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 256
▲ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 18,698 | € 28,490 | ▲ 52% |
| Profit after taxes | € 2,167 | € 4,811 | ▲ 122% |
| Equity | € 7,167 | € 11,145 | ▲ 56% |
| Total debts | € 40,520 | € 67,693 | ▲ 67% |
| Cash | € 5,388 | € 16,746 | ▲ 211% |
| Retained profit | € 2,167 | € 6,145 | ▲ 184% |
| Dividend | € 0 | € 833 | |
| Bank debt | € 37,780 | € 66,500 | ▲ 76% |
| Balance sheet total | € 47,687 | € 78,838 | ▲ 65% |
Key figures of Grondwerken Degand, fiscal years 2024 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 Grondwerken Degand?
What happened at Grondwerken Degand in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,811 (▲ 122% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,167 profit in 2024 to € 4,811 profit in 2025.
Paid € 3,011 in corporate taxes since 2024.
Best year ever: 2025, with € 4,811 profit.
Paid out € 833 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 Degand is Maxim Degand.
Directors
According to the 2025 annual accounts
Maxim Degand
Director
Establishments
Establishment units
Physical locations of this company
Driekoningenstraat 67
8820 Torhout
Nachtegaalstraat 1
8740 Pittem
Active since 2 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1004.020.967
- VAT number
- BE 1004.020.967
- Registered office
- Driekoningenstraat 67, 8820 Torhout
- Names & denominations
- Grondwerken Degand
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2023
- Peppol
- Active · Active since 6 Oct 2024
- Activities · NACE
Landschapsverzorging