Financials
Financial year 2026
The Craftsmen from Brugge, company number BE0630810004, closed financial year 2026 with a result of € 50,359 after tax. For that financial year The Craftsmen recorded a gross margin of € 148,212 and equity of € 74,368. Compared with financial year 2025, the result moved from € 19,964 to € 50,359. 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 June 30, 2026.
€ 74,368
▲ 101% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,359
▲ 152% vs 2025
Profit after tax over the fiscal year.
€ 60,778
▲ 60% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 12,912 paid out
26 % of the profit went to the shareholders, mostly to DUO (100 % of the shares). That is where the money ends up.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 55,547
▲ 3% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 47,369
▲ 242% vs 2025
Of which on lease € 38,138.
Debts at end 2026
€ 33,756
▲ € 32,707 vs 2025
€ 12,960 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20,180
▲ 108% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 39,008
▼ 18% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 31,669 | € 62,033 | € 98,291 | € 148,212 | ▲ 51% |
| Profit after taxes | € 563 | € -551 | € 19,964 | € 50,359 | ▲ 152% |
| Equity | € 17,508 | € 16,957 | € 36,921 | € 74,368 | ▲ 101% |
| Total debts | € 57,223 | € 55,844 | € 60,830 | € 95,140 | ▲ 56% |
| Cash | € 17,301 | € 7,593 | € 37,938 | € 60,778 | ▲ 60% |
| Retained profit | € 11,308 | € 10,757 | € 30,721 | € 68,168 | ▲ 122% |
| Dividend | € 0 | € 0 | € 0 | € 12,912 | |
| Bank debt | € 3,019 | € 13,272 | € 1,049 | € 33,756 | ▲ € 32,707 |
| Balance sheet total | € 74,730 | € 72,801 | € 97,751 | € 169,508 | ▲ 73% |
Key figures of The Craftsmen, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to The Craftsmen?
What happened at The Craftsmen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 50,359 (▲ 152% vs 2025). Source: NBB ↗
- Mathieu Cardinael became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 563 profit in 2023 to € 50,359 profit in 2026.
Paid € 44,294 in corporate taxes since 2023.
Best year ever: 2026, with € 50,359 profit.
Paid out € 12,912 in dividends to the owners in total.
Management
The stake of DUO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The CraftsmenBehind The Craftsmen is Mathieu Cardinael. The shares are held by DUO (100%).
Directors
According to the 2026 annual accounts
Mathieu Cardinael
Director
Also active at: Pro Sailing, Royal Belgian Sailing Club, DUO, EntityOne, NASCOM, Make It Fly, MEDIASOFT
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Linde 99
8310 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0630.810.004
- VAT number
- BE 0630.810.004
- Registered office
- De Linde 99, 8310 Brugge
- Names & denominations
- The Craftsmen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2015
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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