Active · per the CBE, 31 October 2026

50-fifty

BE0694949570

Rechtspersoon Private limited company 1 establishment

50-fifty is a hospitality business in Gent. Private Limited, started on 20 April 2018, 1 establishment.

Ottogracht 10, 9000 Gent

Behind the company: Wim Van Daele.

Active for

8 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

50-fifty from Gent, company number BE0694949570, closed financial year 2025 with a result of € 6,456 after tax. For that financial year 50-fifty recorded a gross margin of € 26,738 and equity of € 22,328. Compared with financial year 2024, the result moved from € 7,438 to € 6,456. 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 August 21, 2026.

What it is worth Growing

€ 22,328

▲ 41% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 6,456

▼ 13% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,672

▼ 28% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2,328.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate

€ 8,123

▼ 34% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Debts at end 2025

Bank debt

€ 3,707

▼ 74% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3,216

▼ 20% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,222

▲ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 30,557 € 29,604 € 32,508 € 26,738 ▼ 18%
Profit after taxes € 1,258 € 1,021 € 7,438 € 6,456 ▼ 13%
Equity € 7,414 € 8,435 € 15,872 € 22,328 ▲ 41%
Total debts € 65,172 € 45,560 € 35,041 € 18,955 ▼ 46%
Cash € 11,557 € 802 € 6,534 € 4,672 ▼ 28%
Retained profit € -12,586 € -11,565 € -4,128 € 2,328 ▲ € 6,456
Bank debt € 40,459 € 26,156 € 14,347 € 3,707 ▼ 74%
Balance sheet total € 72,586 € 53,995 € 50,914 € 41,283 ▼ 19%

Key figures of 50-fifty, 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-fifty?

What happened at 50-fifty in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 6,456 (▼ 13% vs 2024). filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,258 profit in 2022 to € 6,456 profit in 2025.

Best year ever: 2024, with € 7,438 profit.

Management

Wim Van Daele
50-fifty

Behind 50-fifty is Wim Van Daele.

Directors

According to the 2025 annual accounts

Wim Van Daele

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Ottogracht 10

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0694.949.570
VAT number
BE 0694.949.570
Registered office
Ottogracht 10, 9000 Gent
Names & denominations
50-fifty
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 April 2018
Peppol
Active · Active since 16 Dec 2024
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does 50-fifty do?
50-fifty is a hospitality business in Gent. Private Limited, started on 20 April 2018, 1 establishment.
What is the address of 50-fifty?
The registered office of 50-fifty is located at Ottogracht 10, 9000 Gent.
Is 50-fifty still active?
Yes. According to the CBE (31 October 2026) 50-fifty is active, legal situation “Normale toestand”, started on 20 April 2018.
Is 50-fifty registered on Peppol?
Yes, 50-fifty is registered on the Peppol network with ID 0208:0694949570.
What is the enterprise number of 50-fifty?
The enterprise number of 50-fifty is BE0694949570.
When was 50-fifty founded?
50-fifty was founded on 20 April 2018.