Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2026; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 17 to 14.8.
Financials
Financial year 2026
CROSSGATE from Brugge, company number BE0470863041, closed financial year 2026 with a result of € -136,342 after tax. For that financial year CROSSGATE recorded a gross margin of € 959,180 and equity of € -2.1 million. Compared with financial year 2025, the result moved from € -247,016 to € -136,342. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ -2.1 million
▼ € 136,342 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -136,342
▲ 45 % less loss than in 2025
Profit after tax over the fiscal year.
€ 92,283
▼ 49% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
People and assets in 2026
14.8
▼ 1.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 732,163
▼ 5% vs 2025
€ 49,500 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.
€ 2,886
▼ 30% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 105,420
▼ 28% vs 2025
€ 5,420 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 276,476
▼ 33% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 85,554
▲ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,222,828 | - | - | |
| Gross margin | € 1,001,771 | € 918,574 | € 904,144 | € 959,180 | ▲ 6% |
| Profit after taxes | € 122,775 | € -158,625 | € -247,016 | € -136,342 | ▲ € 110,674 |
| Equity | € -1,554,190 | € -1,712,814 | € -1,959,831 | € -2,096,173 | ▼ € 136,342 |
| Total debts | € 2,940,179 | € 3,098,694 | € 3,267,489 | € 3,194,611 | ▼ 2% |
| Cash | € 192,096 | € 123,762 | € 181,949 | € 92,283 | ▼ 49% |
| Land & buildings | € 998,442 | € 944,924 | € 888,471 | € 826,592 | ▼ 7% |
| Retained profit | € -2,217,130 | € -2,375,755 | € -2,622,771 | € -2,759,113 | ▼ € 136,342 |
| Bank debt | € 225,291 | € 183,932 | € 146,282 | € 105,420 | ▼ 28% |
| Balance sheet total | € 1,385,989 | € 1,385,879 | € 1,307,658 | € 1,098,438 | ▼ 16% |
| Employees (FTE) | 16.1 | 17 | 16.7 | 14.8 | ▼ 1.9 |
By gross margin, CROSSGATE ranks 8th of 27 companies with main activity “Hotels en motels, met restaurant” in Brugge that publish figures (fiscal year 2026).
Key figures of CROSSGATE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about CROSSGATE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to CROSSGATE?
What happened at CROSSGATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 136,342. Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 122,775 profit in 2023 to € 136,342 loss in 2026.
Best year ever: 2023, with € 122,775 profit.
On average € 64,800 of value added per employee in 2026.
Management
Behind CROSSGATE are Johannes Kroezen, Luke Charles Knowles, St. Christophers (Bruges) NV and Gemma Willson. The shares are held by St. Christophers (Bruges) (99.9%).
Directors
According to the 2026 annual accounts
Managing director · represented by Richard D'Cruz
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langestraat 145
8000 Brugge
Langestraat 145-147
8000 Brugge
Active since 15 May 2000
Langestraat 133-137
8000 Brugge
Active since 30 March 2011
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.
Similar companies in Brugge
Same main activity (Hotels en motels, met restaurant), 28 active companies in Brugge, largest first.
€ 14.5 million revenue · 2025
€ 4.8 million gross margin · 2025
€ 3.4 million revenue · 2025
€ 2.6 million gross margin · 2025
€ 2.6 million gross margin · 2025
€ 1.8 million gross margin · 2025
Details
- Company number
- 0470.863.041
- VAT number
- BE 0470.863.041
- Registered office
- Langestraat 145, 8000 Brugge
- Names & denominations
- CROSSGATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2000
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Hotels en motels, met restaurant
Hotels en dergelijke accommodatie
Cafés en bars
Cafés
Jeugdherbergen en jeugdverblijfcentra
Gites, vakantiewoningen en -appartementen
Verschaffen van overig logies voor kortstondig verblijf