Financials
Financial year 2025
ABOUTBAGS from Oudenaarde, company number BE0681881789, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year ABOUTBAGS recorded revenue of € 74.2 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.3 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 2.1 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 10.5 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.3 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 2.2 million
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 61,048,507 | € 67,430,366 | € 74,157,321 | ▲ 10% |
| Gross margin | € 1,315,296 | - | - | - | |
| Profit after taxes | € 711,800 | € 1,174,218 | € 1,323,321 | € 1,300,328 | ▼ 2% |
| Equity | € 1,312,704 | € 2,486,922 | € 2,810,243 | € 2,110,571 | ▼ 25% |
| Total debts | € 8,870,172 | € 12,111,863 | € 16,379,285 | € 13,211,379 | ▼ 19% |
| Cash | € 5,503,968 | € 9,542,713 | € 10,867,732 | € 10,502,471 | ▼ 3% |
| Retained profit | € 1,251,204 | € 2,425,422 | € 2,748,743 | € 2,049,071 | ▼ 25% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 2,000,000 | ▲ 100% |
| Balance sheet total | € 10,182,876 | € 14,598,785 | € 19,189,528 | € 15,321,950 | ▼ 20% |
Key figures of ABOUTBAGS, 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 ABOUTBAGS?
What happened at ABOUTBAGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 2% vs 2024). Source: NBB ↗
- Damien Mignot stepped down as director. NBB
- Kyle GENDREAU stepped down as director. NBB
- Thomas Roy Pizzuti stepped down as director. NBB
- Thomas Roy Pizzuti became a director. NBB
- Reza Taleghani stepped down as director. NBB
- Damien Mignot became a director. NBB
- Fabio Rugarli stepped down as director. NBB
In short
From € 711,800 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
The shares are held by Samsonite Europe NV (100%) and Samsonite BV (0%).
Directors
According to the 2025 annual accounts
since 2025 · until 2026
since 2023 · until 2025
since 2023 · until 2026
since 2023 · until 2026
since 2026 · until 2026
Shareholders
100%
Samsonite BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Westerring 17
9700 Oudenaarde
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
- 0681.881.789
- VAT number
- BE 0681.881.789
- Registered office
- Westerring 17, 9700 Oudenaarde
- Names & denominations
- ABOUTBAGS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2017
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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