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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOETKIN from Brugge, company number BE0444147063, closed financial year 2025 with a result of € 49,445 after tax. For that financial year SOETKIN recorded a gross margin of € 149,579 and equity of € 290,731. Compared with financial year 2024, the result moved from € 4,821 to € 49,445. 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 July 20, 2026.
€ 290,731
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,445
▲ € 44,624 vs 2024
Profit after tax over the fiscal year.
€ 3,382
▲ € 3,187 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 € 39,615.
Debts at end 2025
€ 146,511
▼ 18% vs 2024
€ 49,996 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,742
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,443 | € 108,756 | € 72,231 | € 149,579 | ▲ 107% |
| Profit after taxes | € 29,060 | € 39,848 | € 4,821 | € 49,445 | ▲ € 44,624 |
| Equity | € 196,617 | € 236,465 | € 241,286 | € 290,731 | ▲ 20% |
| Total debts | € 1,011,314 | € 932,372 | € 1,059,173 | € 1,055,387 | |
| Cash | - | € 1,826 | € 195 | € 3,382 | ▲ € 3,187 |
| Land & buildings | € 1,212,756 | € 1,172,534 | € 1,310,169 | € 1,352,022 | ▲ 3% |
| Retained profit | € -54,499 | € -14,651 | € -9,830 | € 39,615 | ▲ € 49,445 |
| Bank debt | € 111,576 | € 50,239 | € 178,219 | € 146,511 | ▼ 18% |
| Balance sheet total | € 1,219,074 | € 1,179,360 | € 1,310,364 | € 1,355,404 | ▲ 3% |
Key figures of SOETKIN, 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 SOETKIN?
What happened at SOETKIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,445 (▲ € 44,624 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 29,060 profit in 2022 to € 49,445 profit in 2025.
Best year ever: 2025, with € 49,445 profit.
Management
Behind SOETKIN are Bart Vanhaverbeke, Gilberta Vandenbroucke and Luk Vanhaverbeke. The same people are also behind DE ZEEPADDESTOEL. Gilberta Vandenbroucke is also behind Immobiliënvennootschap Erasmus-Gebouwen and Agentschap Luk. Luk Vanhaverbeke is also behind Immobiliënvennootschap Erasmus-Gebouwen and Agentschap Luk.
Directors
According to the 2025 annual accounts
Gilberta Vandenbroucke
Director
Also active at: Immobiliënvennootschap Erasmus-Gebouwen, Agentschap Luk, DE ZEEPADDESTOEL
Luk Vanhaverbeke
Director
Also active at: Immobiliënvennootschap Erasmus-Gebouwen, Agentschap Luk, DE ZEEPADDESTOEL
Establishments
Establishment units
Physical locations of this company
Katelijnestraat 66
8000 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
- 0444.147.063
- VAT number
- BE 0444.147.063
- Registered office
- Katelijnestraat 66, 8000 Brugge
- Names & denominations
- SOETKIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 1991
- Peppol
- Active · Active since 22 Sept 2025