Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 16.6 to 12.3.
Financials
Financial year 2025
CHEESELINE from Brugge, company number BE0441187078, closed financial year 2025 with a result of € -152,676 after tax. For that financial year CHEESELINE recorded revenue of € 1.3 million and equity of € 206,536. Compared with financial year 2024, the result moved from € -490,582 to € -152,676. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 206,536
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -152,676
▲ 69 % less loss than in 2024
Profit after tax over the fiscal year.
€ 18,978
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 143,821.
People and assets in 2025
12.3
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 831,702
▼ 9% vs 2024
€ 67,600 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.
€ 3,151
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 172,975
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 110,795
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,145,966 | € 1,879,284 | € 1,387,835 | € 1,304,803 | ▼ 6% |
| Profit after taxes | € -165,184 | € -30,830 | € -490,582 | € -152,676 | ▲ € 337,905 |
| Equity | € 894,734 | € 856,206 | € 361,419 | € 206,536 | ▼ 43% |
| Total debts | € 803,653 | € 654,844 | € 592,594 | € 425,681 | ▼ 28% |
| Cash | - | - | - | € 18,978 | |
| Retained profit | € 817,909 | € 787,079 | € 296,498 | € 143,821 | ▼ 51% |
| Balance sheet total | € 1,698,386 | € 1,511,050 | € 954,013 | € 632,216 | ▼ 34% |
| Employees (FTE) | 23.1 | 16.6 | 13.8 | 12.3 | ▼ 1.5 |
Key figures of CHEESELINE, 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 CHEESELINE?
What happened at CHEESELINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joris Verheijen stepped down as director. NBB
- Christophe Guilmin stepped down as director. NBB
- Ortegal BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 152,676. Source: NBB ↗
- Above BV stepped down as director. NBB
- AGRUCO BV stepped down as director. NBB
- Tom Schiettecat stepped down as director. NBB
- Joris Verheijen became a director. NBB
In short
From € 165,184 loss in 2022 to € 152,676 loss in 2025.
Paid € 52,040 in corporate taxes since 2022.
Pays suppliers within 61 days on average.
Management
The shares are held by Kaasimport Jan Dupont (100%).
Directors
According to the 2025 annual accounts
Joris Verheijen
Director
since 2026 · until 2031
Director · represented by Peter Grugeon
Also active at: Kaasimport Jan Dupont, Abdij Sint-Sixtus, LIBEERT, CAMAL, MCC Verstraete, KAASBRIK, JOKALI, Kaasbrik Invest +2 more
since 2024 · until 2026
Tom Schiettecat
Director
Also active at: DE THUISBOUWER, Kaasimport Jan Dupont, CAMAL, Kaasbrik Invest, YSCO, AB Register vzw, Milcobel Dairy
since 2024 · until 2026
Director · represented by Edith Hamelryckx
Also active at: FrieslandCampina Belgium, Kaasimport Jan Dupont, CAMAL, FrieslandCampina Belgium Cheese, JOKALI, Kaasbrik Invest, YSCO, KJD Consult +3 more
since 2024 · until 2026
Director · represented by Olivier Schietse
Also active at: Kaasimport Jan Dupont, CAMAL, KAASBRIK, HERITAGE 1466, JOKALI, Kaasbrik Invest, KJD Consult, Milcobel Dairy
since 2024 · until 2026
Christophe Guilmin
Director
since 2026 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lieven Bauwensstraat 9
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0441.187.078
- VAT number
- BE 0441.187.078
- Registered office
- Lieven Bauwensstraat 9, 8200 Brugge
- Names & denominations
- CHEESELINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Goederenvervoer over de weg
Logistieke diensten
Vervoersbemiddeling
Overige vervoerondersteunende activiteiten