Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
Adolphe Sax & Cie from Brugge, company number BE0506718793, closed financial year 2024 with a result of € -17,911 after tax. For that financial year Adolphe Sax & Cie recorded a gross margin of € -5,316 and equity of € 37,210. Compared with financial year 2023, the result moved from € -27,531 to € -17,911. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 37,210
▼ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,911
▲ 35 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,530
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,210.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,482
▼ 43% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 101
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 128,889
▲ € 109,560 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,237
▼ 77% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 118 | € 34,179 | € -10,752 | € -5,316 | ▲ € 5,437 |
| Profit after taxes | € 117 | € 11,972 | € -27,531 | € -17,911 | ▲ € 9,620 |
| Equity | € 71,513 | € 83,485 | € 55,121 | € 37,210 | ▼ 32% |
| Total debts | € 22,737 | € 41,414 | € 30,581 | € 131,126 | ▲ € 100,546 |
| Cash | € 3,842 | € 5,803 | € 8,958 | € 2,530 | ▼ 72% |
| Retained profit | € 70,513 | € 82,485 | € 54,121 | € 36,210 | ▼ 33% |
| Dividend | € 0 | € 0 | € 833 | € 0 | ▼ 100% |
| Balance sheet total | € 94,250 | € 124,899 | € 85,702 | € 168,337 | ▲ 96% |
Key figures of Adolphe Sax & Cie, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Adolphe Sax & Cie?
What happened at Adolphe Sax & Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 17,911. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Karel Goetghebeur became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 117 profit in 2021 to € 17,911 loss in 2024.
Paid € 1 in corporate taxes since 2021.
Best year ever: 2022, with € 11,972 profit.
Paid out € 833 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 Adolphe Sax & Cie is Karel Goetghebeur.
Directors
According to the 2024 annual accounts
Karel Goetghebeur
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Vossensteert 5
8310 Brugge
Krakeleweg 2
8000 Brugge
Active since 1 June 2021
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0506.718.793
- VAT number
- BE 0506.718.793
- Registered office
- Vossensteert 5, 8310 Brugge
- Names & denominations
- Adolphe Sax & Cie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2014
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- adolphesax.be
- Activities · NACE
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