What does Chelsea do?

Chelsea is a clothing shop in Gent. Private Limited, started on 1 July 1974, 1 establishment.

What is the address of Chelsea?

The registered office of Chelsea is located at Baarledorpstraat 95, 9031 Gent.

Is Chelsea still active?

Yes. According to the CBE (29 October 2026) Chelsea is active, legal situation “Normale toestand”, started on 1 July 1974.

Is Chelsea registered on Peppol?

Yes, Chelsea is registered on the Peppol network with ID 0208:0414800902.

What is the enterprise number of Chelsea?

The enterprise number of Chelsea is BE0414800902.

When was Chelsea founded?

Chelsea was founded on 1 July 1974.

Who are the directors of Chelsea?

According to the 2025 annual accounts, the directors of Chelsea are: MFDesign BV.

Is Chelsea a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 1974; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Chelsea make in 2025?

Chelsea recorded a loss after taxes of € 34,186 in financial year 2025.

What is the revenue of Chelsea?

As a small company, Chelsea is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 44,382.

Chelsea (Private Limited) - Gent - BE0414800902

Dossier Chelsea, printed on 29 October 2026 from databakkes.be/en/0414800902/chelsea. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Chelsea from Gent, company number BE0414800902, closed financial year 2025 with a result of € -34,186 after tax. For that financial year Chelsea recorded a gross margin of € 44,382 and equity of € 65,682. Compared with financial year 2024, the result moved from € -47,304 to € -34,186. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Healthy

€ 65,682

▼ 34% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -34,186

▲ 28 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,876

▲ 119% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 47,082.

People and assets in 2025

Vehicles and equipment

€ 8,108

▼ 61% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 390,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3,801

▼ 49% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 675

▼ 69% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 53,564 Gross margin 2022: € 53,564 First fiscal year in the series	€ 37,333 Gross margin 2023: € 37,333 ▼ 30% vs 2022 (€ 53,564) Unfavourable step	€ 28,753 Gross margin 2024: € 28,753 ▼ 23% vs 2023 (€ 37,333) Unfavourable step	€ 44,382 Gross margin 2025: € 44,382 ▲ 54% vs 2024 (€ 28,753) Favourable step	▲ 54%
Profit after taxes	€ -18,051 Profit after taxes 2022: € -18,051 First fiscal year in the series	€ -41,387 Profit after taxes 2023: € -41,387 ▼ € 23,336 vs 2022 (€ -18,051) Unfavourable step	€ -47,304 Profit after taxes 2024: € -47,304 ▼ € 5,917 vs 2023 (€ -41,387) Unfavourable step	€ -34,186 Profit after taxes 2025: € -34,186 ▲ € 13,118 vs 2024 (€ -47,304) Favourable step	▲ € 13,118
Equity	€ 188,558 Equity 2022: € 188,558 First fiscal year in the series	€ 147,172 Equity 2023: € 147,172 ▼ 22% vs 2022 (€ 188,558) Unfavourable step	€ 99,868 Equity 2024: € 99,868 ▼ 32% vs 2023 (€ 147,172) Unfavourable step	€ 65,682 Equity 2025: € 65,682 ▼ 34% vs 2024 (€ 99,868) Unfavourable step	▼ 34%
Total debts	€ 849,590 Total debts 2022: € 849,590 First fiscal year in the series	€ 796,713 Total debts 2023: € 796,713 ▼ 6% vs 2022 (€ 849,590) Favourable step	€ 798,753 Total debts 2024: € 798,753 Unchanged (€ 796,713) Unfavourable step	€ 1,581,934 Total debts 2025: € 1,581,934 ▲ 98% vs 2024 (€ 798,753) Unfavourable step	▲ 98%
Cash	€ 18,750 Cash 2022: € 18,750 First fiscal year in the series	€ 10,417 Cash 2023: € 10,417 ▼ 44% vs 2022 (€ 18,750) Unfavourable step	€ 3,601 Cash 2024: € 3,601 ▼ 65% vs 2023 (€ 10,417) Unfavourable step	€ 7,876 Cash 2025: € 7,876 ▲ 119% vs 2024 (€ 3,601) Favourable step	▲ 119%
Land & buildings	€ 876,847 Land & buildings 2022: € 876,847 First fiscal year in the series	€ 820,016 Land & buildings 2023: € 820,016 ▼ 6% vs 2022 (€ 876,847) Unchanged	€ 763,184 Land & buildings 2024: € 763,184 ▼ 7% vs 2023 (€ 820,016) Unchanged	€ 1,508,114 Land & buildings 2025: € 1,508,114 ▲ 98% vs 2024 (€ 763,184) Unchanged	▲ 98%
Retained profit	€ 169,958 Retained profit 2022: € 169,958 First fiscal year in the series	€ 128,572 Retained profit 2023: € 128,572 ▼ 24% vs 2022 (€ 169,958) Unfavourable step	€ 81,268 Retained profit 2024: € 81,268 ▼ 37% vs 2023 (€ 128,572) Unfavourable step	€ 47,082 Retained profit 2025: € 47,082 ▼ 42% vs 2024 (€ 81,268) Unfavourable step	▼ 42%
Dividend	€ 233,688 Dividend 2022: € 233,688 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 233,688) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 390,000 Bank debt 2022: € 390,000 First fiscal year in the series	€ 390,000 Bank debt 2023: € 390,000 Unchanged (€ 390,000) Unchanged	€ 390,000 Bank debt 2024: € 390,000 Unchanged (€ 390,000) Unchanged	€ 390,000 Bank debt 2025: € 390,000 Unchanged (€ 390,000) Unchanged
Balance sheet total	€ 1,038,148 Balance sheet total 2022: € 1,038,148 First fiscal year in the series	€ 943,885 Balance sheet total 2023: € 943,885 ▼ 9% vs 2022 (€ 1,038,148) Unchanged	€ 898,621 Balance sheet total 2024: € 898,621 ▼ 5% vs 2023 (€ 943,885) Unchanged	€ 1,647,616 Balance sheet total 2025: € 1,647,616 ▲ 83% vs 2024 (€ 898,621) Unchanged	▲ 83%

Key figures of Chelsea, 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 Chelsea?

What happened at Chelsea in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 13, 2026 New annual accounts for financial year 2025: loss of € 34,186. Source: NBB ↗
2019 MFDesign BV became a director. NBB
Apr 15, 1997 New establishment in Gent. KBO
Jul 1, 1974 Start of the company according to the CBE. KBO

In short

From € 18,051 loss in 2022 to € 34,186 loss in 2025.

Paid € 3,300 in corporate taxes since 2022.

Paid out € 233,688 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MFDesign BV

Chelsea

MORTREU GUY PROJECTS

Behind Chelsea is MFDesign BV. MFDesign BV is also behind MORTREU GUY PROJECTS.

Directors

According to the 2025 annual accounts

MFDesign BV

Director · represented by Guy Mortreu

Also active at: MORTREU GUY PROJECTS

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Baarledorpstraat 95

9031 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

MORTREU GUY PROJECTS same network

€ 121,327 gross margin · 2025

VM Management Consulting

€ 70,757 gross margin · 2025

JUST RUSSEL

€ 7.9 million gross margin · 2025

M.G. Future

MFDesign same network

€ 153,496 gross margin · 2026

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0414.800.902

VAT number

BE 0414.800.902

Registered office

Baarledorpstraat 95, 9031 Gent

Names & denominations

Chelsea

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 July 1974

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Detailhandel in damesbovenkleding

Groothandel in kleding, kledingtoebehoren en bontartikelen

Groothandel in kleding, met uitzondering van werk- en onderkleding

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

Chelsea

Warning lights

Financials

What happened to Chelsea?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions