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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Guilty Pleasures from Waasmunster, company number BE0786429775, closed financial year 2025 with a result of € 23,966 after tax. For that financial year Guilty Pleasures recorded a gross margin of € 401,243 and equity of € 117,006. Compared with financial year 2024, the result moved from € 44,975 to € 23,966. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 117,006
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,966
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 47,865
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 317,696
▲ 51% 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.
€ 21,132
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 125,389
▼ 11% vs 2024
€ 13,141 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 30,820
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,618
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 339,001 | € 302,204 | € 401,243 | ▲ 33% |
| Profit after taxes | € 43,049 | € 44,975 | € 23,966 | ▼ 47% |
| Equity | € 51,449 | € 94,758 | € 117,006 | ▲ 23% |
| Total debts | € 97,021 | € 276,415 | € 280,876 | ▲ 2% |
| Cash | € 69,447 | € 52,671 | € 47,865 | ▼ 9% |
| Retained profit | € 41,449 | € 84,758 | € 107,006 | ▲ 26% |
| Dividend | € 1,600 | € 1,666 | € 1,718 | ▲ 3% |
| Bank debt | € 8,119 | € 140,757 | € 125,389 | ▼ 11% |
| Balance sheet total | € 148,470 | € 371,173 | € 397,882 | ▲ 7% |
Key figures of Guilty Pleasures, fiscal years 2023 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 Guilty Pleasures?
What happened at Guilty Pleasures in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Waasmunster. KBO
- New annual accounts for financial year 2025: profit of € 23,966 (▼ 47% vs 2024). Source: NBB ↗
- Matteo D'haese became a director. NBB
- New establishment in Waasmunster. KBO
- Patrick D'haese became a director. NBB
- Griet Thuysbaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,049 profit in 2023 to € 23,966 profit in 2025.
Paid € 28,266 in corporate taxes since 2023.
Best year ever: 2024, with € 44,975 profit.
Paid out € 4,984 in dividends to the owners in total.
Management
Behind Guilty Pleasures are Matteo D'haese, Patrick D'haese and Griet Thuysbaert.
Directors
According to the 2025 annual accounts
Matteo D'haese
Director
since 2025
Patrick D'haese
Director
since 2022
Griet Thuysbaert
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Groenstraat 3
9250 Waasmunster
Heidekapelstraat 30
9250 Waasmunster
Active since 1 August 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.429.775
- VAT number
- BE 0786.429.775
- Registered office
- Groenstraat 3, 9250 Waasmunster
- Names & denominations
- Guilty Pleasures
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2022
- Peppol
- Active · Active since 19 Nov 2024
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Andere drinkgelegenheden
Overige detailhandel in voedingsmiddelen, neg
Catering van evenementen
Overige zakelijke dienstverlening, neg
Cafés en bars
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.