Financials
Financial year 2025
FrontLetter from Brugge, company number BE0694877811, closed financial year 2025 with a result of € 115,404 after tax. For that financial year FrontLetter recorded a gross margin of € 350,409 and equity of € 177,409. Compared with financial year 2024, the result moved from € 71,543 to € 115,404. 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 August 27, 2026.
€ 177,409
▲ 186% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,404
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 48,545
▲ 152% 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 € 174,909.
People and assets in 2025
€ 180,418
▼ 26% 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.
€ 2,949
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 114,824
▲ 104% vs 2024
€ 72,197 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 45,181
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,881
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 175,300 | € 246,972 | € 359,564 | € 350,409 | ▼ 3% |
| Profit after taxes | € -6,629 | € -11,980 | € 71,543 | € 115,404 | ▲ 61% |
| Equity | € 2,443 | € -9,537 | € 62,005 | € 177,409 | ▲ 186% |
| Total debts | € 122,797 | € 180,126 | € 200,585 | € 244,886 | ▲ 22% |
| Cash | € 29,037 | € 15,974 | € 19,267 | € 48,545 | ▲ 152% |
| Land & buildings | - | € 6,015 | € 4,878 | € 3,938 | ▼ 19% |
| Retained profit | € -57 | € -12,037 | € 59,505 | € 174,909 | ▲ 194% |
| Bank debt | € 47,221 | € 61,319 | € 56,419 | € 114,824 | ▲ 104% |
| Balance sheet total | € 125,240 | € 170,588 | € 262,590 | € 422,295 | ▲ 61% |
Key figures of FrontLetter, 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 FrontLetter?
What happened at FrontLetter in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 115,404 (▲ 61% vs 2024). filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,629 loss in 2022 to € 115,404 profit in 2025.
Paid € 23,690 in corporate taxes since 2022.
Best year ever: 2025, with € 115,404 profit.
A new publication or filing at FrontLetter? 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
Behind FrontLetter are Michael Roef and Judy Lee.
Directors
According to the 2025 annual accounts
Michael Roef
Director
Judy Lee
Director
Establishments
Establishment units
Physical locations of this company
Blankenbergse Steenweg 287
8000 Brugge
Kwadestraat 155 box 5.3
8800 Roeselare
Active since 24 April 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
frontletter.io
Registered
2017-01-08
Registrar
Cloudflare, Inc
Expires
2027-01-08
Website info
Features
Security
Network
Details
- Company number
- 0694.877.811
- VAT number
- BE 0694.877.811
- Registered office
- Blankenbergse Steenweg 287, 8000 Brugge
- Names & denominations
- FrontLetter
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2018
- Peppol
- Active · Active since 5 Mar 2024
- Contact
- frontletter.io
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