Active · per the CBE, 30 September 2026

CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING

BE0554798824

Rechtspersoon Private limited company 2 establishments

CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is a sports club in Brugge. Private Limited, started on 24 June 2014, 2 establishments.

Olympialaan 74, 8200 Brugge 050/389193

Active for

12 year, 3 months

Financials

Financial year 2025

CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING from Brugge, company number BE0554798824, closed financial year 2025 with a result of € 89,666 after tax. For that financial year CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING recorded revenue of € 19.3 million and equity of € 8.6 million. Compared with financial year 2024, the result moved from € 20,493 to € 89,666. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.

What it is worth Growing

€ 8.6 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 89,666

▲ € 69,173 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6.9 million

▲ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -19.5 million.

People and assets in 2025

Full-time equivalents

64.4

▲ 5.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 19.3 million

▼ 1% vs 2024

€ 299,500 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.

Vehicles and equipment

€ 236,378

▲ 40% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 3.6 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9.6 million

▲ 132% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 237 days on average.

Taxes and wages

€ 2.3 million

▼ 16% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 6,638,942 € 9,609,562 € 11,414,289 € 19,306,482 ▲ 69%
Profit after taxes € -1,893,422 € 143,165 € 20,493 € 89,666 ▲ € 69,173
Equity € 8,385,459 € 8,518,332 € 8,529,383 € 8,619,049 ▲ 1%
Total debts € 4,421,018 € 5,562,042 € 11,303,188 € 20,064,301 ▲ 78%
Cash € 4,680,973 € 7,538,857 € 5,493,485 € 6,900,418 ▲ 26%
Land & buildings € 661,927 € 437,758 € 591,894 € 305,071 ▼ 48%
Retained profit € -19,782,715 € -19,639,549 € -19,619,056 € -19,529,391
Bank debt € 0 € 0 € 0 € 3,616,870
Balance sheet total € 13,031,941 € 14,713,582 € 20,376,114 € 29,137,227 ▲ 43%
Employees (FTE) 56.5 58.6 58.5 64.4 ▲ 5.9

Key figures of CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING, 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 CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING?

What happened at CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Henk Buysschaert stepped down as director. NBB
  • Thiago Scuro stepped down as director. NBB
  • Thomas Tousseyn stepped down as director. NBB
  • Luca Militti stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 89,666 (▲ € 69,173 vs 2024). Source: NBB ↗
  • Pascal Danneels stepped down as director. NBB
  • Henk Buysschaert became a director. NBB
  • Thiago Scuro became a director. NBB

In short

From € 1.9 million loss in 2022 to € 89,666 profit in 2025.

Paid € 584,741 in corporate taxes since 2022.

Best year ever: 2023, with € 143,165 profit.

Management

Directors

According to the 2025 annual accounts

Thiago Scuro

Managing director

since 2023 · until 2027

Henk Buysschaert

Director

Also active at: DELAWARE CONSULTING, HBL Consult

since 2024 · until 2028

Thomas Tousseyn

Director

since 2023 · until 2027

Luca Militti

Director

Also active at: Koninklijke Sportvereniging Cercle Brugge

since 2023 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Olympialaan 74

8200 Brugge

2.360.642.874

Kapellestraat 130

8020 Oostkamp

Active since 1 June 2023

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
0554.798.824
VAT number
BE 0554.798.824
Registered office
Olympialaan 74, 8200 Brugge
Names & denominations
CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING · CERCLE BRUGGE K.SV.
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 June 2014
Peppol
Active · Active since 1 Jan 2001
Contact
050/389193
Activities · NACE

Activiteiten van voetbalclubs

Frequently asked questions

What does CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING do?
CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is a sports club in Brugge. Private Limited, started on 24 June 2014, 2 establishments.
What is the address of CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING?
The registered office of CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is located at Olympialaan 74, 8200 Brugge.
Is CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING still active?
Yes. According to the CBE (30 September 2026) CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is active, legal situation “Normale toestand”, started on 24 June 2014.
Is CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING registered on Peppol?
Yes, CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is registered on the Peppol network with ID 0208:0554798824.
What is the enterprise number of CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING?
The enterprise number of CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING is BE0554798824.
When was CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING founded?
CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING was founded on 24 June 2014.