Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 6.8 to 4.5.
Financials
Financial year 2025
BUDDHA BAR from Blankenberge, company number BE0668409677, closed financial year 2025 with a result of € -26,482 after tax. For that financial year BUDDHA BAR recorded a gross margin of € 192,462 and equity of € 146,497. Compared with financial year 2024, the result moved from € 4,500 to € -26,482. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 146,497
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,482
▼ still € 4,500 profit in 2024
Profit after tax over the fiscal year.
€ 26,151
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 140,297.
People and assets in 2025
4.5
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 109,854
▼ 12% vs 2024
€ 24,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28,706
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,970
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 170,058 | € 228,468 | € 236,778 | € 192,462 | ▼ 19% |
| Profit after taxes | € -43,171 | € 3,325 | € 4,500 | € -26,482 | ▼ € 30,982 |
| Equity | € 165,154 | € 168,479 | € 172,979 | € 146,497 | ▼ 15% |
| Total debts | € 128,291 | € 91,982 | € 127,785 | € 75,301 | ▼ 41% |
| Cash | € 27,978 | € 10,839 | € 17,417 | € 26,151 | ▲ 50% |
| Retained profit | € 158,954 | € 162,279 | € 166,779 | € 140,297 | ▼ 16% |
| Bank debt | € 22,000 | € 22,000 | € 0 | € 0 | |
| Balance sheet total | € 293,445 | € 260,461 | € 300,764 | € 221,798 | ▼ 26% |
| Employees (FTE) | 10.2 | 6.8 | 6.5 | 4.5 | ▼ 2 |
Key figures of BUDDHA BAR, 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 BUDDHA BAR?
What happened at BUDDHA BAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,482 (▼ € 30,982 vs 2024). Source: NBB ↗
- Sven Vermoortele became a director. NBB
- Frieda Gunst became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,171 loss in 2022 to € 26,482 loss in 2025.
Best year ever: 2024, with € 4,500 profit.
On average € 42,800 of value added per employee in 2025.
Management
Behind BUDDHA BAR are Sven Vermoortele and Frieda Gunst. The same people are also behind G. en M.. Sven Vermoortele is also behind REEF CAFÉ.
Establishments
Establishment units
Physical locations of this company
Koninginlaan 77
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0668.409.677
- VAT number
- BE 0668.409.677
- Registered office
- Koninginlaan 77, 8370 Blankenberge
- Names & denominations
- BUDDHA BAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 26 May 2025
- Activities · NACE
Cafés en bars