Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Kathy from Brugge, company number BE0405120203, closed financial year 2025 with a result of € 200,019 after tax. For that financial year Kathy recorded a gross margin of € 887,910 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 111,063 to € 200,019. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 2.3 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 200,019
▲ 80% vs 2024
Profit after tax over the fiscal year.
€ 142,716
▼ 46% 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 € 61,838.
People and assets in 2025
€ 1,887
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
€ 89,895 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 99,393
▲ 203% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,028
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 | € 509,377 | € 457,735 | € 516,545 | € 887,910 | ▲ 72% |
| Profit after taxes | € 23,035 | € 26,249 | € 111,063 | € 200,019 | ▲ 80% |
| Equity | € 3,149,917 | € 2,951,055 | € 3,062,118 | € 2,262,138 | ▼ 26% |
| Total debts | € 1,092,381 | € 719,676 | € 445,498 | € 2,956,088 | ▲ € 2.5 million |
| Cash | € 451,346 | € 181,211 | € 264,696 | € 142,716 | ▼ 46% |
| Land & buildings | € 3,165,231 | € 2,880,140 | € 2,655,487 | € 4,462,745 | ▲ 68% |
| Retained profit | € -50,383 | € -249,245 | € -138,182 | € 61,838 | ▲ € 200,019 |
| Dividend | € 257,353 | € 225,111 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 1,785,365 | |
| Balance sheet total | € 4,242,298 | € 3,670,731 | € 3,507,616 | € 5,218,226 | ▲ 49% |
Key figures of Kathy, 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 Kathy?
What happened at Kathy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 200,019 (▲ 80% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brugge. KBO
In short
From € 23,035 profit in 2022 to € 200,019 profit in 2025.
Paid € 190,206 in corporate taxes since 2022.
Best year ever: 2025, with € 200,019 profit.
Paid out € 482,464 in dividends to the owners in total.
Management
Behind Kathy are Bernard Verheecke, Christophe Verheecke and Charlotte Verheecke. Bernard Verheecke is also behind LYGO. Christophe Verheecke is also behind Malver.
Establishments
Establishment units
Physical locations of this company
Zilverstraat 2 box 1
8000 Brugge
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.
Details
- Company number
- 0405.120.203
- VAT number
- BE 0405.120.203
- Registered office
- Zilverstraat 2 bus 1, 8000 Brugge
- Names & denominations
- Kathy
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 1964
- Peppol
- Not registered