Financials
Financial year 2025
SEAGULL from Brugge, company number BE0424757555, closed financial year 2025 with a result of € 481,765 after tax. For that financial year SEAGULL recorded a gross margin of € 1.4 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 229,781 to € 481,765. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 1.1 million
▲ 130% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 481,765
▲ 110% vs 2024
Profit after tax over the fiscal year.
€ 633,803
▲ 228% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 704,089.
People and assets in 2025
16.2
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 768,819
▲ 4% vs 2024
€ 47,500 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.
€ 4,660
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 28% vs 2024
€ 26,490 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 812,450
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,219
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 590,806 | € 989,942 | € 1,160,136 | € 1,421,804 | ▲ 23% |
| Profit after taxes | € -597,646 | € -100,916 | € 229,781 | € 481,765 | ▲ 110% |
| Equity | € 343,459 | € 242,543 | € 472,324 | € 1,086,421 | ▲ 130% |
| Total debts | € 2,957,302 | € 2,298,988 | € 1,993,501 | € 2,635,881 | ▲ 32% |
| Cash | € 253,643 | € 82,921 | € 193,332 | € 633,803 | ▲ 228% |
| Retained profit | € 93,459 | € -7,457 | € 222,324 | € 704,089 | ▲ 217% |
| Bank debt | € 1,078,200 | € 893,150 | € 1,046,365 | € 1,337,769 | ▲ 28% |
| Balance sheet total | € 3,300,760 | € 2,541,531 | € 2,465,825 | € 3,722,302 | ▲ 51% |
| Employees (FTE) | 20.7 | 18.5 | 18.5 | 16.2 | ▼ 2.3 |
Key figures of SEAGULL, 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 SEAGULL?
What happened at SEAGULL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Phioline NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 481,765 (▲ 110% vs 2024). Source: NBB ↗
- Phioline NV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 597,646 loss in 2022 to € 481,765 profit in 2025.
Paid € 65,219 in corporate taxes since 2022.
Best year ever: 2025, with € 481,765 profit.
On average € 87,800 of value added per employee in 2025.
Management
The stake of SEVEN SEAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEAGULLThe shares are held by SEVEN SEAS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Caroline DE REU
Also active at: WESTHINDER, VANDERMAESEN VISWAREN, P&S, SEACRETS SEAFOOD, SEVEN SEAS
since 2023 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gotevlietstraat 13
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0424.757.555
- VAT number
- BE 0424.757.555
- Registered office
- Gotevlietstraat 13, 8000 Brugge
- Names & denominations
- SEAGULL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 1983
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Verwerking en conservering van vis en vervaardiging van verse visproducten
Verwerking en conservering van vis en van schaal- en weekdieren
Groothandel in vis en schaal- en weekdieren
Groothandel in vis, schaal- en schelpdieren