Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MORTENSEN from Brugge, company number BE0427974688, closed financial year 2024 with a result of € 14,456 after tax. For that financial year MORTENSEN recorded a gross margin of € 58,808 and equity of € -59,843. Compared with financial year 2023, the result moved from € -13,749 to € 14,456. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ -59,843
▲ € 14,456 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,456
▲ still € 13,749 loss in 2023
Profit after tax over the fiscal year.
€ 10,401
▲ 59% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -78,443.
Debts at end 2024
€ 4,501
▼ 80% vs 2023
Loans from banks and other lenders, long and short.
€ 300,016
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,356
▲ 29% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 58,801 | € -6,099 | € 49,041 | € 58,808 | ▲ 20% |
| Profit after taxes | € -44,114 | € -138,089 | € -13,749 | € 14,456 | ▲ € 28,204 |
| Equity | € 77,539 | € -60,551 | € -74,299 | € -59,843 | ▲ € 14,456 |
| Total debts | € 573,597 | € 662,175 | € 586,188 | € 554,662 | ▼ 5% |
| Cash | € 14,531 | € 2,665 | € 6,547 | € 10,401 | ▲ 59% |
| Land & buildings | € 567,955 | € 533,065 | € 497,036 | € 461,279 | ▼ 7% |
| Retained profit | € 58,939 | € -79,151 | € -92,899 | € -78,443 | ▲ € 14,456 |
| Bank debt | € 56,774 | € 39,701 | € 22,278 | € 4,501 | ▼ 80% |
| Balance sheet total | € 651,135 | € 601,624 | € 511,889 | € 494,818 | ▼ 3% |
Key figures of MORTENSEN, 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 MORTENSEN?
What happened at MORTENSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 14,456. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,114 loss in 2021 to € 14,456 profit in 2024.
Best year ever: 2024, with € 14,456 profit.
A new publication or filing at MORTENSEN? We notify you, reason included.
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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
Behind MORTENSEN are Chumpi Events BV and XANTO BV. It owns 5% of Snow & Ice Art Europe itself.
Directors
According to the 2024 annual accounts
Director · represented by FREDERIK PHILIBERT
Director · represented by FRANCIS VANDENDORPE
Establishments
Establishment units
Physical locations of this company
Kartuizersstraat 50
8310 Brugge
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
- 0427.974.688
- VAT number
- BE 0427.974.688
- Registered office
- Kartuizersstraat 50, 8310 Brugge
- Names & denominations
- MORTENSEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1985
- Peppol
- Active · Active since 27 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Cafés
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Activiteiten van eetgelegenheden met volledige bediening
Cafés en bars
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening
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