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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Shrinking team NBB
FTE fell two years in a row, from 17.1 to 12.6.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Festival van Vlaanderen Gent en Historische Steden from Gent, company number BE0410944854, closed financial year 2025 with a result of € -116,139 after tax. For that financial year Festival van Vlaanderen Gent en Historische Steden recorded a gross margin of € 783,887 and equity of € 159,415. Compared with financial year 2024, the result moved from € -66,910 to € -116,139. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 159,415
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -116,139
▼ 74 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,217
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
12.6
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 835,192
▼ 1% vs 2024
€ 66,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 111,253
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 189,990
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 773,059 | € 823,158 | € 779,238 | € 783,887 | ▲ 1% |
| Profit after taxes | € -18,784 | € 9,871 | € -66,910 | € -116,139 | ▼ € 49,229 |
| Equity | € 332,594 | € 342,465 | € 275,555 | € 159,415 | ▼ 42% |
| Total debts | € 540,915 | € 453,055 | € 477,620 | € 383,753 | ▼ 20% |
| Cash | € 399,345 | € 305,861 | € 48,160 | € 21,217 | ▼ 56% |
| Retained profit | € 332,594 | € 342,465 | € 275,555 | € 159,415 | ▼ 42% |
| Balance sheet total | € 890,769 | € 812,780 | € 759,175 | € 549,168 | ▼ 28% |
| Employees (FTE) | 15.6 | 17.1 | 14.1 | 12.6 | ▼ 1.5 |
Key figures of Festival van Vlaanderen Gent en Historische Steden, 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 Festival van Vlaanderen Gent en Historische Steden?
What happened at Festival van Vlaanderen Gent en Historische Steden in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JULIE BYNENS stepped down as director. NBB
- SALOUA EL MOUSSAOUI stepped down as director. NBB
- DAAN SCHALCK stepped down as director. NBB
- KARINE MOYKENS stepped down as director. NBB
- LUCIEN DE BUSSCHER stepped down as director. NBB
- SERGE PLATEL stepped down as director. NBB
- STEPHANIE D'HOSE stepped down as director. NBB
- PETRA DE SUTTER stepped down as director. NBB
In short
From € 18,784 loss in 2022 to € 116,139 loss in 2025.
Paid € 1,888 in corporate taxes since 2022.
Best year ever: 2023, with € 9,871 profit.
On average € 62,200 of value added per employee in 2025.
Management
Behind Festival van Vlaanderen Gent en Historische Steden is STEPHANIE DE BRUYNE.
Directors
According to the 2025 annual accounts
STEPHANIE DE BRUYNE
Director
JULIE BYNENS
Director
· until 2030
since 2022 · until 2030
DAAN SCHALCK
Director
Also active at: NATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN, European Sea Ports Organisation
since 2022 · until 2030
since 2022 · until 2030
LUCIEN DE BUSSCHER
Director
Also active at: Collegium Vocale Gent, ERNST & YOUNG CONSULTING, CAMBRIDGE CONTINENTAL
since 2022 · until 2030
HEIDI DELOBELLE
Director
since 2025 · until 2029
SERGE PLATEL
Director
since 2022 · until 2030
STEPHANIE D'HOSE
Director
since 2022 · until 2030
PETRA DE SUTTER
Director
since 2026 · until 2030
HAFSA EL-BAZIOUI
Director
since 2022 · until 2030
JAN BRIERS
Director
Also active at: vzw Pensioenen van de Volksvertegenwoordigers - asbl Pensions des Députés, Noordstarfonds
since 2022 · until 2030
JAN SMETS
Director
since 2022 · until 2030
SOPHIE DUTORDOIR
Director
Also active at: NATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN, HR RAIL, Arvesta
since 2022 · until 2030
Establishments
Establishment units
Physical locations of this company
Bijlokekaai 8 box 9
9000 Gent
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
- 0410.944.854
- VAT number
- BE 0410.944.854
- Registered office
- Bijlokekaai 8 bus 9, 9000 Gent
- Names & denominations
- Festival van Vlaanderen Gent en Historische Steden
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 19 November 1959
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Diensten verwant aan de scheppende en uitvoerende kunst
Beheer en exploitatie van culturele centra
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten