Financials
Financial year 2025
Venetie Van Het Noorden from Brugge, company number BE0405152172, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Venetie Van Het Noorden recorded a gross margin of € 2.1 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 984,180 to € 1.1 million. 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 July 29, 2026.
€ 4.7 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 380,000 paid out
36 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.7
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 479,536
▲ 1% vs 2024
€ 71,600 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.
€ 1,577
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,382
Loans from banks and other lenders, long and short.
€ 93,368
▲ € 78,386 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 268,202
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,652,255 | € 1,824,695 | € 1,935,024 | € 2,085,191 | ▲ 8% |
| Profit after taxes | € 890,363 | € 940,596 | € 984,180 | € 1,061,368 | ▲ 8% |
| Equity | € 2,817,615 | € 3,378,211 | € 3,982,391 | € 4,663,759 | ▲ 17% |
| Total debts | € 257,794 | € 333,890 | € 481,538 | € 535,555 | ▲ 11% |
| Cash | € 2,025,668 | € 676,626 | € 2,000,837 | € 1,274,430 | ▼ 36% |
| Retained profit | € 2,799,023 | € 3,359,619 | € 3,963,799 | € 4,645,167 | ▲ 17% |
| Dividend | € 165,000 | € 380,000 | € 380,000 | € 380,000 | |
| Bank debt | € 50,948 | € 54,558 | € 54,652 | € 54,382 | |
| Balance sheet total | € 3,075,408 | € 3,712,101 | € 4,463,929 | € 5,199,314 | ▲ 16% |
| Employees (FTE) | 5.5 | 5.6 | 5.4 | 6.7 | ▲ 1.3 |
By gross margin, Venetie Van Het Noorden ranks 5th of 5 companies with main activity “Personenvervoer over binnenwateren” in Brugge that publish figures (fiscal year 2025).
Key figures of Venetie Van Het Noorden, 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.
Ask about Venetie Van Het Noorden the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Venetie Van Het Noorden?
What happened at Venetie Van Het Noorden in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 8% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brugge. KBO
In short
From € 890,363 profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
On average € 311,200 of value added per employee in 2025.
Management
Behind Venetie Van Het Noorden is Jos Michielsens.
Directors
According to the 2025 annual accounts
Jos Michielsens
Director
Establishments
Establishment units
Physical locations of this company
Huidenvettersplein 13
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0405.152.172
- VAT number
- BE 0405.152.172
- Registered office
- Huidenvettersplein 13, 8000 Brugge
- Names & denominations
- Venetie Van Het Noorden
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Personenvervoer over binnenwateren
Binnenvaart
Overige recreatie- en ontspanningsactiviteiten, neg