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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRIDGEWATER from Gent, company number BE0474234186, closed financial year 2025 with a result of € 107,337 after tax. For that financial year BRIDGEWATER recorded a gross margin of € 160,490 and equity of € 405,841. Compared with financial year 2024, the result moved from € 106,080 to € 107,337. 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 December 11, 2025.
€ 405,841
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,337
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 43,764
Cash and bank balances on the last day of the fiscal year.
€ 71,429 paid out
67 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,440
▲ 15% 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 | € 74,189 | € 165,239 | € 190,135 | € 160,490 | ▼ 16% |
| Profit after taxes | € 53,603 | € 120,550 | € 106,080 | € 107,337 | ▲ 1% |
| Equity | € 143,302 | € 263,852 | € 369,932 | € 405,841 | ▲ 10% |
| Total debts | € 321,075 | € 192,689 | € 66,285 | € 79,800 | ▲ 20% |
| Cash | € 31,173 | € 568 | - | € 43,764 | |
| Land & buildings | € 432,907 | € 432,907 | € 432,907 | € 432,907 | |
| Retained profit | € 43,302 | € 163,852 | € 269,932 | € 305,841 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 71,429 | |
| Bank debt | € 49,328 | € 24,891 | € 2,080 | € 0 | ▼ 100% |
| Balance sheet total | € 464,378 | € 456,541 | € 436,218 | € 485,641 | ▲ 11% |
Key figures of BRIDGEWATER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BRIDGEWATER?
What happened at BRIDGEWATER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lieve Bousse stepped down as director. NBB
- Philippe Simonne Heynderycx stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 107,337 (▲ 1% vs 2024). Source: NBB ↗
- Lieve Bousse became a director. NBB
- Philippe Simonne Heynderycx became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,603 profit in 2022 to € 107,337 profit in 2025.
Paid € 147,805 in corporate taxes since 2022.
Best year ever: 2023, with € 120,550 profit.
Paid out € 71,429 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Hogeweg 178
9040 Gent
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
- 0474.234.186
- VAT number
- BE 0474.234.186
- Registered office
- Hogeweg 178, 9040 Gent
- Names & denominations
- BRIDGEWATER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2001
- Peppol
- Active · Active since 31 Mar 2026