Financials
Financial year 2025
STEEP&DEEP from Brugge, company number BE0405097734, closed financial year 2025 with a result of € 107,036 after tax. For that financial year STEEP&DEEP recorded a gross margin of € 423,359 and equity of € 628,055. Compared with financial year 2024, the result moved from € 53,387 to € 107,036. 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 August 31, 2026.
€ 628,055
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,036
▲ 100% vs 2024
Profit after tax over the fiscal year.
€ 161,634
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 609,455.
People and assets in 2025
2.7
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 180,095
▲ 17% vs 2024
€ 66,700 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.
€ 103,427
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 159,551
▼ 11% vs 2024
€ 33,219 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 219,184
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,661
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 333,269 | € 354,705 | € 320,660 | € 423,359 | ▲ 32% |
| Profit after taxes | € 92,888 | € 90,693 | € 53,387 | € 107,036 | ▲ 100% |
| Equity | € 376,938 | € 467,631 | € 521,018 | € 628,055 | ▲ 21% |
| Total debts | € 504,353 | € 428,127 | € 579,905 | € 602,996 | ▲ 4% |
| Cash | € 177,408 | € 240,654 | € 213,037 | € 161,634 | ▼ 24% |
| Retained profit | € 358,338 | € 449,031 | € 502,418 | € 609,455 | ▲ 21% |
| Bank debt | € 114,658 | € 137,380 | € 178,693 | € 159,551 | ▼ 11% |
| Balance sheet total | € 884,760 | € 895,758 | € 1,100,923 | € 1,231,051 | ▲ 12% |
| Employees (FTE) | 2.3 | 2.3 | 2.5 | 2.7 | ▲ 0.2 |
Key figures of STEEP&DEEP, 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 STEEP&DEEP?
What happened at STEEP&DEEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,036 (▲ 100% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,888 profit in 2022 to € 107,036 profit in 2025.
Paid € 154,474 in corporate taxes since 2022.
Best year ever: 2025, with € 107,036 profit.
On average € 156,800 of value added per employee in 2025.
Management
Behind STEEP&DEEP is Tim Bulcke.
Directors
According to the 2025 annual accounts
Tim Bulcke
Director
Establishments
Establishment units
Physical locations of this company
't Speelhof 26
8200 Brugge
Eriestraat 3 box 9
8000 Brugge
Active since 1 June 2021
Lippenslaan 102
8300 Knokke-Heist
Active since 23 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
- 0405.097.734
- VAT number
- BE 0405.097.734
- Registered office
- 't Speelhof 26, 8200 Brugge
- Names & denominations
- STEEP&DEEP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 25 Aug 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Activiteiten van reisbureaus
Detailhandel in spellen en speelgoed
Detailhandel in overige sportartikelen
Gespecialiseerde detailhandel in spellen en speelgoed
Detailhandel in spellen en speelgoed in gespecialiseerde winkels