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.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RESIDENCE BRUGMANN from Vorst, company number BE0451715934, closed financial year 2025 with a result of € -47,728 after tax. For that financial year RESIDENCE BRUGMANN recorded a gross margin of € 66,280 and equity of € 175,072. Compared with financial year 2024, the result moved from € -53,101 to € -47,728. The company made a loss. 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 July 15, 2026.
€ 175,072
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,728
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 768
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -415,398.
People and assets in 2025
0.7
Average over the fiscal year, from the social balance sheet.
€ 33,902
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,795
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 90,000
▼ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 39,114
▲ € 33,667 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,494
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,818 | € 59,514 | € 78,081 | € 66,280 | ▼ 15% |
| Profit after taxes | € -7,938 | € -42,572 | € -53,101 | € -47,728 | ▲ € 5,373 |
| Equity | € 318,473 | € 275,901 | € 222,800 | € 175,072 | ▼ 21% |
| Total debts | € 20,633 | € 183,853 | € 157,800 | € 168,212 | ▲ 7% |
| Cash | € 4,250 | € 68,947 | € 908 | € 768 | ▼ 15% |
| Land & buildings | € 246,279 | € 216,950 | € 187,623 | € 158,294 | ▼ 16% |
| Retained profit | € -271,997 | € -314,569 | € -367,670 | € -415,398 | ▼ € 47,728 |
| Bank debt | € 0 | € 150,000 | € 120,000 | € 90,000 | ▼ 25% |
| Balance sheet total | € 339,105 | € 459,754 | € 380,600 | € 343,283 | ▼ 10% |
| Employees (FTE) | 1.7 | 0.2 | 0.7 | 0.7 |
Key figures of RESIDENCE BRUGMANN, 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 RESIDENCE BRUGMANN?
What happened at RESIDENCE BRUGMANN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 47,728. Source: NBB ↗
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,938 loss in 2022 to € 47,728 loss in 2025.
On average € 37,500 of value added per employee in 2022.
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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 RESIDENCE BRUGMANN are CHRISTINE BOURGAUX, REGIS HORGNIES, MARC HORGNIES and VINCENT HORGNIES. REGIS HORGNIES is also behind HOTEL LES TROIS CLES. MARC HORGNIES is also behind HOTEL LES TROIS CLES and HOTEL DE FLANDRE.
Directors
According to the 2025 annual accounts
CHRISTINE BOURGAUX
Autre fonction
VINCENT HORGNIES
Autre fonction
Establishments
Establishment units
Physical locations of this company
Brugmannlaan 40
1190 Vorst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.715.934
- VAT number
- BE 0451.715.934
- Registered office
- Brugmannlaan 40, 1190 Vorst
- Names & denominations
- RESIDENCE BRUGMANN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1993
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Hotels en dergelijke accommodatie