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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDEN BRUYN from Gent, company number BE0438392488, closed financial year 2025 with a result of € -222,910 after tax. For that financial year VANDEN BRUYN recorded a gross margin of € 304,268 and equity of € 502,887. Compared with financial year 2024, the result moved from € -86,405 to € -222,910. 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 April 7, 2026.
€ 502,887
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -222,910
▼ 158 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,657
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 212,887.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 4,003
▼ 66% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.3 million
▼ 1% vs 2024
€ 199,672 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 282,862
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,804
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,752 | € 262,254 | € 444,693 | € 304,268 | ▼ 32% |
| Profit after taxes | € -47,069 | € 73,316 | € -86,405 | € -222,910 | ▼ € 136,505 |
| Equity | € 738,887 | € 812,203 | € 725,798 | € 502,887 | ▼ 31% |
| Total debts | € 2,845,741 | € 4,032,821 | € 8,912,145 | € 9,869,133 | ▲ 11% |
| Cash | € 23,157 | € 3,891 | € 9,959 | € 3,657 | ▼ 63% |
| Land & buildings | € 1,965,183 | € 2,287,185 | € 6,007,345 | € 6,670,707 | ▲ 11% |
| Retained profit | € 448,887 | € 522,203 | € 435,798 | € 212,887 | ▼ 51% |
| Bank debt | € 1,826,280 | € 2,141,094 | € 5,347,903 | € 5,287,460 | ▼ 1% |
| Balance sheet total | € 3,584,628 | € 4,858,215 | € 9,649,759 | € 10,372,020 | ▲ 7% |
Key figures of VANDEN BRUYN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VANDEN BRUYN?
What happened at VANDEN BRUYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 222,910. Source: NBB ↗
- Marie Vandenabeele became a director. NBB
- Isabelle De Bruyn became a director. NBB
- Ignaas Vandenabeele became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,069 loss in 2022 to € 222,910 loss in 2025.
Paid € 81,034 in corporate taxes since 2022.
Best year ever: 2023, with € 73,316 profit.
Management
Behind VANDEN BRUYN are Marie Vandenabeele, Isabelle De Bruyn and Ignaas Vandenabeele. It owns 50% of Bleu and 50% of Courtpark itself.
Directors
According to the 2025 annual accounts
Marie Vandenabeele
Director
since 2014
Isabelle De Bruyn
Director
Also active at: IMMOTRION, CANAL PROPERTIES, DE VOORKANT, SOUVERAIN 400, TARGET INVEST, DEBINCO, EVERSITE, CANAL CONSTRUCT +5 more
since 2008
Ignaas Vandenabeele
Director
Also active at: IMMOTRION, CANAL PROPERTIES, DE VOORKANT, SOUVERAIN 400, TARGET INVEST, EVERSITE, CANAL CONSTRUCT, BLEU +6 more
since 2008
Establishments
Establishment units
Physical locations of this company
Gordunakaai 87
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMOTRION same network
€ 236,982 gross margin · 2025
CANAL PROPERTIES same network
€ 1.5 million gross margin · 2025
DE VOORKANT same network
€ 1.2 million gross margin · 2025
TARGET INVEST same network
€ -1,604 gross margin · 2025
EVERSITE same network
€ -2,696 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.392.488
- VAT number
- BE 0438.392.488
- Registered office
- Gordunakaai 87, 9000 Gent
- Names & denominations
- VANDEN BRUYN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1989
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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