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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CROSSGATE from Brugge, company number BE0470863041, closed financial year 2025 with a result of € -247,016 after tax. For that financial year CROSSGATE recorded a gross margin of € 904,144 and equity of € -2 million. Compared with financial year 2024, the result moved from € -158,625 to € -247,016. 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 January 12, 2026.
€ -2 million
▼ € 247,016 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -247,016
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 181,949
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
People and assets in 2025
16.7
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 771,684
▲ 8% vs 2024
€ 46,200 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.
€ 4,152
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 146,282
▼ 20% vs 2024
€ 40,862 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 413,702
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,336
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,222,828 | - | |
| Gross margin | € -24,288 | € 1,001,771 | € 918,574 | € 904,144 | ▼ 2% |
| Profit after taxes | € -462,155 | € 122,775 | € -158,625 | € -247,016 | ▼ € 88,392 |
| Equity | € -1,676,965 | € -1,554,190 | € -1,712,814 | € -1,959,831 | ▼ € 247,016 |
| Total debts | € 2,996,175 | € 2,940,179 | € 3,098,694 | € 3,267,489 | ▲ 5% |
| Cash | € 69,661 | € 192,096 | € 123,762 | € 181,949 | ▲ 47% |
| Land & buildings | € 1,045,856 | € 998,442 | € 944,924 | € 888,471 | ▼ 6% |
| Retained profit | € -2,339,905 | € -2,217,130 | € -2,375,755 | € -2,622,771 | ▼ € 247,016 |
| Bank debt | € 262,150 | € 225,291 | € 183,932 | € 146,282 | ▼ 20% |
| Balance sheet total | € 1,319,210 | € 1,385,989 | € 1,385,879 | € 1,307,658 | ▼ 6% |
| Employees (FTE) | 15 | 16.1 | 17 | 16.7 | ▼ 0.3 |
Key figures of CROSSGATE, 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 October 2026.
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 2025: loss of € 247,016. filed late Source: NBB ↗
- Johannes Kroezen became a director. NBB
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 462,155 loss in 2022 to € 247,016 loss in 2025.
Best year ever: 2023, with € 122,775 profit.
On average € 54,100 of value added per employee in 2025.
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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 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 2025 annual accounts
since 2024
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.
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