Financials
Financial year 2025
Cides Product Design from Brugge, company number BE0505766215, closed financial year 2025 with a result of € 43,168 after tax. For that financial year Cides Product Design recorded a gross margin of € 146,773 and equity of € 189,614. Compared with financial year 2024, the result moved from € -9,364 to € 43,168. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 189,614
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,168
▲ still € 9,364 loss in 2024
Profit after tax over the fiscal year.
€ 149,476
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 64,117 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 77,478
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,598
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,557
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,074 | € 122,398 | € 75,307 | € 146,773 | ▲ 95% |
| Profit after taxes | € 37,276 | € 32,808 | € -9,364 | € 43,168 | ▲ € 52,532 |
| Equity | € 341,267 | € 301,316 | € 216,564 | € 189,614 | ▼ 12% |
| Total debts | € 53,591 | € 67,459 | € 120,331 | € 199,076 | ▲ 65% |
| Cash | € 330,807 | € 308,030 | € 96,463 | € 149,476 | ▲ 55% |
| Retained profit | € 328,867 | € 288,916 | € 204,164 | € 177,214 | ▼ 13% |
| Dividend | € 136,960 | € 66,759 | € 71,388 | € 64,117 | ▼ 10% |
| Balance sheet total | € 394,859 | € 368,775 | € 336,895 | € 388,690 | ▲ 15% |
Key figures of Cides Product Design, 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 April 2027.
What happened to Cides Product Design?
What happened at Cides Product Design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,168. Source: NBB ↗
- Dimitri Merlin became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,276 profit in 2022 to € 43,168 profit in 2025.
Paid € 36,576 in corporate taxes since 2022.
Best year ever: 2025, with € 43,168 profit.
Paid out € 339,225 in dividends to the owners in total.
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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 Cides Product Design is Dimitri Merlin. Dimitri Merlin is also behind CIDES INDUSTRIAL DESIGN.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 7
8310 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →D'ARTAGNAN CONCEPTUAL COMMUNICATION
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Firma-ment
€ 92,503 gross margin · 2025
Vereniging van Mede-eigenaars Residentie Lela Brugge(Assebroek) Nijverheidsstraat 7
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0505.766.215
- VAT number
- BE 0505.766.215
- Registered office
- Nijverheidsstraat 7, 8310 Brugge
- Names & denominations
- Cides Product Design · "Cides Design" of "Cides"
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2014
- Peppol
- Active · Active since 27 Nov 2025
- Contact
- cides.be [email protected] 003250673291
- Activities · NACE
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Activiteiten van industriële designers
Grafisch ontwerp en visuele communicatie
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