Financials
Financial year 2024
STUBBE-DENOO from Brugge, company number BE0427414266, closed financial year 2024 with a result of € 132,998 after tax. For that financial year STUBBE-DENOO recorded a gross margin of € 260,690 and equity of € 3.4 million. Compared with financial year 2023, the result moved from € 183,222 to € 132,998. 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 September 9, 2025.
€ 3.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,998
▼ 27% vs 2023
Profit after tax over the fiscal year.
€ 613,208
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 125,551 paid out
94 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 5,760
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 546,763
▲ € 417,201 vs 2023
€ 76,420 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 10,255
▲ 114% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,175
▼ 78% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 319,850 | € 307,223 | € 353,669 | € 260,690 | ▼ 26% |
| Profit after taxes | € 130,703 | € 135,777 | € 183,222 | € 132,998 | ▼ 27% |
| Equity | € 3,067,248 | € 3,192,005 | € 3,364,207 | € 3,360,634 | |
| Total debts | € 312,810 | € 211,787 | € 175,792 | € 685,466 | ▲ 290% |
| Cash | € 353,233 | € 777,262 | € 791,984 | € 613,208 | ▼ 23% |
| Land & buildings | € 2,265,332 | € 2,211,021 | € 2,160,356 | € 2,831,873 | ▲ 31% |
| Retained profit | € 2,035,248 | € 2,160,005 | € 2,332,207 | € 2,328,634 | |
| Dividend | € 0 | € 0 | € 0 | € 125,551 | |
| Bank debt | € 230,813 | € 180,444 | € 129,562 | € 546,763 | ▲ € 417,201 |
| Balance sheet total | € 3,444,023 | € 3,463,586 | € 3,595,621 | € 4,097,550 | ▲ 14% |
Key figures of STUBBE-DENOO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to STUBBE-DENOO?
What happened at STUBBE-DENOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 132,998 (▼ 27% vs 2023). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 130,703 profit in 2021 to € 132,998 profit in 2024.
Paid € 333,862 in corporate taxes since 2021.
Best year ever: 2023, with € 183,222 profit.
Paid out € 125,551 in dividends to the owners in total.
Management
Behind STUBBE-DENOO are Marianne Stubbe and Paul Stubbe. Marianne Stubbe is also behind STUBBE - DENOO VASTGOED.
Directors
According to the 2024 annual accounts
Paul Stubbe
Managing director
Establishments
Establishment units
Physical locations of this company
Baron Joseph Ryelandtstraat 3
8000 Brugge
Smedenstraat 21
8000 Brugge
Active since 1 July 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0427.414.266
- VAT number
- BE 0427.414.266
- Registered office
- Baron Joseph Ryelandtstraat 3, 8000 Brugge
- Names & denominations
- STUBBE-DENOO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1985
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis