Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
YOUNG HEARTS from Brugge, company number BE0759820695, closed financial year 2025 with a result of € -10,279 after tax. For that financial year YOUNG HEARTS recorded a gross margin of € -4,799 and equity of € -169,640. Compared with financial year 2024, the result moved from € 2,445 to € -10,279. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 17, 2025.
€ -169,640
▼ € 10,279 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,279
▼ still € 2,445 profit in 2024
Profit after tax over the fiscal year.
€ 19
▼ € 4,966 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -174,140.
Debts at end 2025
€ 3,500
▼ 88% vs 2024
Loans from banks and other lenders, long and short.
€ 3,890
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -49,385 | € 2,035 | € 5,046 | € -4,799 | ▼ € 9,844 |
| Profit after taxes | € -59,957 | € -106,349 | € 2,445 | € -10,279 | ▼ € 12,724 |
| Equity | € -55,457 | € -161,807 | € -159,362 | € -169,640 | ▼ € 10,279 |
| Total debts | € 179,550 | € 167,822 | € 179,737 | € 172,305 | ▼ 4% |
| Cash | € 7,182 | € 575 | € 4,985 | € 19 | ▼ € 4,966 |
| Retained profit | € -59,957 | € -166,307 | € -163,862 | € -174,140 | ▼ € 10,279 |
| Bank debt | € 32,000 | € 32,000 | € 28,500 | € 3,500 | ▼ 88% |
| Balance sheet total | € 124,092 | € 6,015 | € 20,375 | € 2,665 | ▼ 87% |
Key figures of YOUNG HEARTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to YOUNG HEARTS?
What happened at YOUNG HEARTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,279 (▼ € 12,724 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,957 loss in 2022 to € 10,279 loss in 2025.
Best year ever: 2024, with € 2,445 profit.
Management
Behind YOUNG HEARTS is GABI. The shares are held by GABI (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vogelaers KLAAS
Also active at: Provisions, Excitement, Shift Logistics, MAKLADI, RYCKEVELDE 1451
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ezelstraat 80
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →CHIC A CHOC
€ 20,545 gross margin · 2025
GABI same network
Provisions same network
€ 7.4 million revenue · 2025
Excitement same network
€ 3,670 gross margin · 2025
MAKLADI same network
€ 18,067 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.820.695
- VAT number
- BE 0759.820.695
- Registered office
- Ezelstraat 80, 8000 Brugge
- Names & denominations
- YOUNG HEARTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2020
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Groothandel in wijnen en geestrijke dranken
Groothandel in dranken, algemeen assortiment
Detailhandel in wijnen en geestrijke dranken