Financials
Financial year 2025
Engelrelst from Brugge, company number BE0423317896, closed financial year 2025 with a result of € 759,691 after tax. For that financial year Engelrelst recorded a gross margin of € 1.5 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 805,793 to € 759,691. The company is profitable. 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 August 3, 2026.
€ 2.9 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 759,691
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
7.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 421,463
▼ 1% vs 2024
€ 56,200 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.
€ 15,271
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 441,200
▼ 24% vs 2024
€ 145,512 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 55,621
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,632
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,573,728 | € 1,513,438 | € 1,564,633 | € 1,506,014 | ▼ 4% |
| Profit after taxes | € 900,060 | € 677,200 | € 805,793 | € 759,691 | ▼ 6% |
| Equity | € 2,587,912 | € 2,965,111 | € 3,470,904 | € 2,925,108 | ▼ 16% |
| Total debts | € 1,409,458 | € 1,763,160 | € 1,629,995 | € 2,469,539 | ▲ 52% |
| Cash | € 1,129,194 | € 475,537 | € 1,027,548 | € 1,463,420 | ▲ 42% |
| Land & buildings | € 1,106,481 | € 2,663,391 | € 2,620,301 | € 2,577,211 | ▼ 2% |
| Retained profit | € 2,507,312 | € 2,884,511 | € 3,390,304 | € 2,844,508 | ▼ 16% |
| Dividend | € 300,000 | € 300,000 | € 300,000 | € 1,305,488 | ▲ € 1 million |
| Bank debt | € 270,677 | € 726,714 | € 582,852 | € 441,200 | ▼ 24% |
| Balance sheet total | € 3,997,370 | € 4,728,271 | € 5,100,900 | € 5,394,647 | ▲ 6% |
| Employees (FTE) | 6.7 | 7.7 | 7.2 | 7.5 | ▲ 0.3 |
Key figures of Engelrelst, 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 Engelrelst?
What happened at Engelrelst in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 759,691 (▼ 6% vs 2024). filed late Source: NBB ↗
- Pieter Verniere BV became a director. NBB
- Frederik Verniere BV became a director. NBB
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 900,060 profit in 2022 to € 759,691 profit in 2025.
Paid € 663,141 in corporate taxes since 2022.
Best year ever: 2022, with € 900,060 profit.
On average € 200,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Pieter Verniere, Frederik Verniere comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EngelrelstBehind Engelrelst are Pieter Verniere BV and Frederik Verniere BV. The shares are held by Pieter Verniere (49.9%) and Frederik Verniere (49.9%).
Directors
According to the 2025 annual accounts
Director · represented by Verniere Pieter
since 2014
Director · represented by Verniere Frederik
since 2014
Shareholders
49.9%
49.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vismijnstraat 36
8380 Brugge
Vismijnstraat 52
8380 Brugge
Active since 1 February 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.317.896
- VAT number
- BE 0423.317.896
- Registered office
- Vismijnstraat 36, 8380 Brugge
- Names & denominations
- Engelrelst
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1982
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in herenbovenkleding in gespecialiseerde winkels
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in schoeisel in gespecialiseerde winkels
Detailhandel in lederwaren en reisartikelen in gespecialiseerde winkels
Detailhandel in kledingaccessoires in gespecialiseerde winkels
Detailhandel in schoeisel
Detailhandel in damesbovenkleding