Financials
Financial year 2025
50° North from Brussel, company number BE0645845301, closed financial year 2025 with a result of € 19,532 after tax. For that financial year 50° North recorded a gross margin of € 259,254 and equity of € 561,426. Compared with financial year 2024, the result moved from € 80,232 to € 19,532. The company is profitable. 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 July 12, 2026.
€ 561,426
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,532
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 30,845
▼ 88% 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 € 539,426.
People and assets in 2025
€ 94,397
▼ 21% 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.
€ 5,252
▲ € 4,281 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 748,355
▲ € 729,626 vs 2024
€ 68,434 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 180,055
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,546
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 424,440 | € 509,160 | € 328,909 | € 259,254 | ▼ 21% |
| Profit after taxes | € 197,365 | € 188,531 | € 80,232 | € 19,532 | ▼ 76% |
| Equity | € 273,132 | € 461,663 | € 541,895 | € 561,426 | ▲ 4% |
| Total debts | € 356,953 | € 317,437 | € 504,965 | € 987,956 | ▲ 96% |
| Cash | € 177,445 | € 279,711 | € 265,817 | € 30,845 | ▼ 88% |
| Retained profit | € 253,132 | € 441,663 | € 519,895 | € 539,426 | ▲ 4% |
| Bank debt | € 27,936 | € 19 | € 18,729 | € 748,355 | ▲ € 729,626 |
| Balance sheet total | € 630,085 | € 779,100 | € 1,046,860 | € 1,549,383 | ▲ 48% |
Key figures of 50° North, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to 50° North?
What happened at 50° North in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,532 (▼ 76% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 197,365 profit in 2022 to € 19,532 profit in 2025.
Paid € 159,624 in corporate taxes since 2022.
Best year ever: 2022, with € 197,365 profit.
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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
Josiane MUON
Director
Establishments
Establishment units
Physical locations of this company
Greepstraat 37-39
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.845.301
- VAT number
- BE 0645.845.301
- Registered office
- Greepstraat 37-39, 1000 Brussel
- Names & denominations
- 50° North
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
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