Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ABSOLUTE ART from Brugge, company number BE0473559938, closed financial year 2025 with a result of € 22,523 after tax. For that financial year ABSOLUTE ART recorded a gross margin of € 188,869 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 60,661 to € 22,523. The company is profitable. 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 November 28, 2025.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,523
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 245,149
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 83,173
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 6% vs 2024
€ 105,057 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 6,425
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,253
▲ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,415 | € 86,367 | € 205,358 | € 188,869 | ▼ 8% |
| Profit after taxes | € 39,956 | € 32,093 | € 60,661 | € 22,523 | ▼ 63% |
| Equity | € 1,265,239 | € 1,297,332 | € 1,357,993 | € 1,380,516 | ▲ 2% |
| Total debts | € 1,030,258 | € 586,918 | € 1,815,323 | € 1,665,857 | ▼ 8% |
| Cash | € 1,221,600 | € 364,751 | € 286,141 | € 245,149 | ▼ 14% |
| Land & buildings | € 4,695 | € 615,711 | € 1,914,228 | € 2,053,485 | ▲ 7% |
| Retained profit | € 1,068,239 | € 1,100,332 | € 1,160,993 | € 1,183,516 | ▲ 2% |
| Bank debt | € 7,703 | € 281,243 | € 1,527,774 | € 1,429,913 | ▼ 6% |
| Balance sheet total | € 2,467,833 | € 2,053,469 | € 3,338,424 | € 3,205,245 | ▼ 4% |
| Employees (FTE) | 0.2 | 0 | 0 | 0 |
Key figures of ABSOLUTE ART, 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 ABSOLUTE ART?
What happened at ABSOLUTE ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,523 (▼ 63% vs 2024). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Maarkedal. KBO
- Yoeri De Backer became a director. NBB
- Miguel De Backer became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,956 profit in 2022 to € 22,523 profit in 2025.
Paid € 95,101 in corporate taxes since 2022.
Best year ever: 2024, with € 60,661 profit.
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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 ABSOLUTE ART are Yoeri De Backer and Miguel De Backer. It owns 100% of Maison de Décoration Vandekerckhove and 92% of Frame itself.
Directors
According to the 2025 annual accounts
since 2018
since 2018
Establishments
Establishment units
Physical locations of this company
Dijver 4-5
8000 Brugge
Dijver 4 box 5
8000 Brugge
Active since 14 February 2001
Lieven Bauwensstraat 23
8200 Brugge
Active since 29 January 2024
Berkenstraat 11D
9680 Maarkedal
Active since 31 May 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.559.938
- VAT number
- BE 0473.559.938
- Registered office
- Dijver 4-5, 8000 Brugge
- Names & denominations
- ABSOLUTE ART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2000
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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