Financials
Financial year 2025
HERTOGEN from Brugge, company number BE0452717311, closed financial year 2025 with a result of € 64,848 after tax. For that financial year HERTOGEN recorded a gross margin of € 208,952 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 68,502 to € 64,848. The company is profitable. 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 June 26, 2026.
€ 2.3 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,848
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 48,128
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 232,391 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26,422
▲ € 24,362 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,701
▲ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 201,216 | € 204,888 | € 211,971 | € 208,952 | ▼ 1% |
| Profit after taxes | € 57,110 | € 64,078 | € 68,502 | € 64,848 | ▼ 5% |
| Equity | € 2,320,217 | € 2,370,795 | € 2,425,797 | € 2,258,254 | ▼ 7% |
| Total debts | € 249,518 | € 260,668 | € 258,215 | € 90,528 | ▼ 65% |
| Cash | € 249,549 | € 138,065 | € 286,193 | € 48,128 | ▼ 83% |
| Land & buildings | € 2,255,760 | € 2,173,384 | € 2,076,532 | € 2,004,228 | ▼ 3% |
| Retained profit | € 974,868 | € 1,025,446 | € 1,080,448 | € 912,906 | ▼ 16% |
| Dividend | € 13,500 | € 13,500 | € 13,500 | € 232,391 | ▲ € 218,891 |
| Balance sheet total | € 2,569,734 | € 2,631,462 | € 2,684,012 | € 2,348,783 | ▼ 12% |
Key figures of HERTOGEN, 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 HERTOGEN?
What happened at HERTOGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Annick Saelen stepped down as director. NBB
- J.P.S. CONSULT NV stepped down as director. NBB
- Katrien Desimpel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,848 (▼ 5% vs 2024). Source: NBB ↗
- Annick Saelen became a director. NBB
- J.P.S. CONSULT NV became a director. NBB
- Katrien Desimpel became a director. NBB
- New establishment in Brugge. KBO
In short
From € 57,110 profit in 2022 to € 64,848 profit in 2025.
Paid € 73,806 in corporate taxes since 2022.
Best year ever: 2024, with € 68,502 profit.
Paid out € 272,891 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Annick Saelen
Director
since 2020 · until 2032
Director · represented by Saelen Jean-Pierre
Also active at: BELFIMMO, The Good Life Fund, THE GOOD LIFE INVESTMENT FUND, Re-Vive Brownfield Fund II
since 2020 · until 2032
since 2020 · until 2032
Establishments
Establishment units
Physical locations of this company
Moerstraat 28
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0452.717.311
- VAT number
- BE 0452.717.311
- Registered office
- Moerstraat 28, 8000 Brugge
- Names & denominations
- HERTOGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1994
- Peppol
- Active · Active since 27 May 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Projectontwikkeling voor woningbouw
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van terreinen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis