Financials
Financial year 2025
Bootexcursies Gruuthuse from Brugge, company number BE0405093378, closed financial year 2025 with a result of € 975,573 after tax. For that financial year Bootexcursies Gruuthuse recorded a gross margin of € 2.9 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 881,377 to € 975,573. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 2.5 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 975,573
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 232% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 486,000 paid out
50 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
11.5
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 494,535
▼ 3% vs 2024
€ 43,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 281,311
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 87,045
▼ 30% vs 2024
€ 24,057 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 65,860
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,497
▼ 57% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,705,712 | € 2,051,598 | € 2,685,415 | € 2,881,195 | ▲ 7% |
| Profit after taxes | € 496,254 | € 590,314 | € 881,377 | € 975,573 | ▲ 11% |
| Equity | € 1,236,013 | € 1,697,327 | € 1,978,704 | € 2,468,277 | ▲ 25% |
| Total debts | € 408,343 | € 388,563 | € 804,883 | € 650,545 | ▼ 19% |
| Cash | € 126,407 | € 120,464 | € 349,135 | € 1,159,148 | ▲ 232% |
| Land & buildings | € 311,082 | € 302,390 | € 287,389 | € 288,978 | ▲ 1% |
| Retained profit | € 1,217,013 | € 1,678,327 | € 1,959,704 | € 2,449,277 | ▲ 25% |
| Dividend | € 45,000 | € 129,000 | € 600,000 | € 486,000 | ▼ 19% |
| Bank debt | € 269,149 | € 197,014 | € 123,495 | € 87,045 | ▼ 30% |
| Balance sheet total | € 1,644,356 | € 2,085,890 | € 2,783,587 | € 3,118,822 | ▲ 12% |
| Employees (FTE) | 11.2 | 11.3 | 12.2 | 11.5 | ▼ 0.7 |
Key figures of Bootexcursies Gruuthuse, 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 Bootexcursies Gruuthuse?
What happened at Bootexcursies Gruuthuse in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 975,573 (▲ 11% vs 2024). Source: NBB ↗
- Frederic Coucke became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brugge. KBO
In short
From € 496,254 profit in 2022 to € 975,573 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 975,573 profit.
On average € 250,500 of value added per employee in 2025.
Management
Behind Bootexcursies Gruuthuse is Frederic Coucke.
Directors
According to the 2025 annual accounts
Frederic Coucke
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Kreupelenstraat 33
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.093.378
- VAT number
- BE 0405.093.378
- Registered office
- Kreupelenstraat 33, 8000 Brugge
- Names & denominations
- Bootexcursies Gruuthuse
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1956
- Peppol
- Active · Active since 1 Apr 2025
- Activities · NACE
Personenvervoer over binnenwateren
Binnenvaart