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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
Cisterciënzerzusters van Gent from Gent, company number BE0409677817, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year Cisterciënzerzusters van Gent recorded a gross margin of € -117,684 and equity of € 18.8 million. Compared with financial year 2024, the result moved from € -704,123 to € -1.7 million. The company made a loss. 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 June 4, 2026.
€ 18.8 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 135 % more loss than in 2024
Profit after tax over the fiscal year.
€ 998,438
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
1.3
Average over the fiscal year, from the social balance sheet.
€ 87,659
▲ 2% vs 2024
€ 67,400 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.
€ 127,299
▼ 18% vs 2024
Of which on lease € 61,398.
Debts at end 2025
€ 3.8 million
▼ 8% vs 2024
€ 326,158 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 18,389
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,429
▲ 3% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -163,465 | € -149,036 | € -146,582 | € -117,684 | ▲ € 28,899 |
| Profit after taxes | € -769,990 | € -815,737 | € -704,123 | € -1,656,355 | ▼ € 952,232 |
| Equity | € 22,117,610 | € 21,196,523 | € 20,451,450 | € 18,754,145 | ▼ 8% |
| Total debts | € 4,816,288 | € 4,506,267 | € 4,182,158 | € 3,861,606 | ▼ 8% |
| Cash | € 834,642 | € 715,692 | € 837,607 | € 998,438 | ▲ 19% |
| Land & buildings | € 18,316,185 | € 17,520,158 | € 17,078,874 | € 15,640,502 | ▼ 8% |
| Retained profit | € -3,031,675 | € -3,847,413 | € -4,551,536 | € -6,207,891 | ▼ € 1.7 million |
| Bank debt | € 4,785,216 | € 4,471,527 | € 4,153,735 | € 3,831,787 | ▼ 8% |
| Balance sheet total | € 27,516,648 | € 26,320,550 | € 25,211,768 | € 23,146,450 | ▼ 8% |
| Employees (FTE) | 1.3 | 1.3 | 1.3 | 1.3 |
Key figures of Cisterciënzerzusters van Gent, 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 Cisterciënzerzusters van Gent?
What happened at Cisterciënzerzusters van Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 769,990 loss in 2022 to € 1.7 million loss in 2025.
Management
Behind Cisterciënzerzusters van Gent are Gabriëlle Hoornaert, Nadine Buckens, Paul Ballinckx, Philippe De Bruycker, Patrick Van Hecke and Mauricette Desmet. Paul Ballinckx is also behind Toevlucht van Maria.
Directors
According to the 2025 annual accounts
Gabriëlle Hoornaert
Director
Nadine Buckens
Chairman of the board
Philippe De Bruycker
Director
Patrick Van Hecke
Director
Mauricette Desmet
Director
Régis Van Laere
Director
Establishments
Establishment units
Physical locations of this company
Maagdestraat 52
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0409.677.817
- VAT number
- BE 0409.677.817
- Registered office
- Maagdestraat 52, 9000 Gent
- Names & denominations
- Cisterciënzerzusters van Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 19 May 1969
- Peppol
- Not registered
- Activities · NACE
Activiteiten van religieuze organisaties
Religieuze of filosofische organisaties