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.
€ 8.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,666
▲ € 69,173 vs 2024
Profit after tax over the fiscal year.
€ 6.9 million
▲ 26% 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 € -19.5 million.
People and assets in 2025
64.4
▲ 5.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 236,378
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
Loans from banks and other lenders, long and short.
€ 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.
€ 2.3 million
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 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.
A new publication or filing at CERCLE BRUGGE KONINKLIJKE SPORTVERENIGING? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Thiago Scuro
Managing director
since 2023 · until 2027
since 2024 · until 2028
Thomas Tousseyn
Director
since 2023 · until 2027
since 2023 · until 2027
Pascal Danneels
Director
Also active at: Centrale Tuinbouwveiling, Bouwkantoor Danneels, Projectontwikkeling, DANNEELS DEVELOPMENT, BOSKO PROJECTEN, BERCHEM RETAIL PARK, DANNEELS RETAIL, D³ PROJECTS +4 more
since 2023 · until 2024
Establishments
Establishment units
Physical locations of this company
Olympialaan 74
8200 Brugge
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