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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Figures corrected NBB
Corrected annual account filed for 2022, 2023, 2024.
Financials
Financial year 2024
THE PRINCIPALS from Brugge, company number BE0458176233, closed financial year 2024 with a result of € 10,370 after tax. For that financial year THE PRINCIPALS recorded a gross margin of € 80,598 and equity of € 68,688. Compared with financial year 2023, the result moved from € 5,706 to € 10,370. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 68,688
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,370
▲ 82% vs 2023
Profit after tax over the fiscal year.
€ 23,815
▼ 15% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 50,096.
People and assets in 2024
€ 48,898
▲ 17% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,806
▼ 59% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 54,738
▼ 14% vs 2023
€ 9,260 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 4,424
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,815
▲ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 68,255 | € 64,858 | € 67,382 | € 80,598 | ▲ 20% |
| Profit after taxes | € 10,775 | € 8,945 | € 5,706 | € 10,370 | ▲ 82% |
| Equity | € 43,668 | € 52,612 | € 58,318 | € 68,688 | ▲ 18% |
| Total debts | € 104,669 | € 88,567 | € 81,643 | € 73,798 | ▼ 10% |
| Cash | € 11,908 | € 20,751 | € 28,065 | € 23,815 | ▼ 15% |
| Retained profit | € 25,076 | € 34,020 | € 39,726 | € 50,096 | ▲ 26% |
| Bank debt | € 88,233 | € 72,767 | € 63,834 | € 54,738 | ▼ 14% |
| Balance sheet total | € 148,336 | € 141,180 | € 139,962 | € 142,486 | ▲ 2% |
Key figures of THE PRINCIPALS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to THE PRINCIPALS?
What happened at THE PRINCIPALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,775 profit in 2021 to € 10,370 profit in 2024.
Paid € 9,539 in corporate taxes since 2021.
Best year ever: 2021, with € 10,775 profit.
A new publication or filing at THE PRINCIPALS? We notify you, reason included.
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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 THE PRINCIPALS are Marcia Nivelle and Frederik De Maeght.
Directors
According to the 2024 annual accounts
Marcia Nivelle
Director
Frederik De Maeght
Director
Establishments
Establishment units
Physical locations of this company
Veldmaarschalk Fochstraat 1
8000 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
- 0458.176.233
- VAT number
- BE 0458.176.233
- Registered office
- Veldmaarschalk Fochstraat 1, 8000 Brugge
- Names & denominations
- THE PRINCIPALS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1996
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
Kapsalons
Kappers- en barbiersactiviteiten
Haarverzorging