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 11 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
CHESTNUT FARM from Houthulst, company number BE1011618641, closed financial year 2026 with a result of € -49,948 after tax. For that financial year CHESTNUT FARM recorded a gross margin of € 33,862 and equity of € 590,146. Compared with financial year 2025, the result moved from € 40,094 to € -49,948. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 590,146
▲ 74% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,948
▼ still € 40,094 profit in 2025
Profit after tax over the fiscal year.
€ 13,009
▼ 91% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,854.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
€ 2.4 million
▲ € 2.1 million vs 2025
€ 92,133 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 333
▼ 90% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € 137,019 | € 33,862 | ▼ 75% |
| Profit after taxes | € 40,094 | € -49,948 | ▼ € 90,042 |
| Equity | € 340,094 | € 590,146 | ▲ 74% |
| Total debts | € 330,251 | € 2,445,378 | ▲ € 2.1 million |
| Cash | € 142,858 | € 13,009 | ▼ 91% |
| Land & buildings | € 526,136 | € 2,947,367 | ▲ € 2.4 million |
| Retained profit | € 40,094 | € -9,854 | ▼ € 49,948 |
| Bank debt | € 250,000 | € 2,383,975 | ▲ € 2.1 million |
| Balance sheet total | € 670,345 | € 3,035,524 | ▲ € 2.4 million |
Key figures of CHESTNUT FARM, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CHESTNUT FARM?
What happened at CHESTNUT FARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 49,948 (▼ € 90,042 vs 2025). Source: NBB ↗
- New establishment in Houthulst. KBO
- Jordy Van Massenhove became a director. NBB
- Victoria Gulliksen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 40,094 profit in 2025 to € 49,948 loss in 2026.
Paid € 18,710 in corporate taxes since 2025.
Best year ever: 2025, with € 40,094 profit.
Management
Behind CHESTNUT FARM are Jordy Van Massenhove and Victoria Gulliksen. Jordy Van Massenhove is also behind JVM STABLES.
Directors
According to the 2026 annual accounts
since 2024
Victoria Gulliksen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Terreststraat 141
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 1011.618.641
- VAT number
- BE 1011.618.641
- Registered office
- Terreststraat 141, 8650 Houthulst
- Names & denominations
- CHESTNUT FARM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2024
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van sociale woningen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen