Financials
Financial year 2025
Casselman Engineering from Brugge, company number BE0790761618, closed financial year 2025 with a result of € 4,577 after tax. For that financial year Casselman Engineering recorded a gross margin of € 17,509 and equity of € 42,316. Compared with financial year 2024, the result moved from € 11,718 to € 4,577. 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 July 30, 2026.
€ 42,316
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,577
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 15,710
▲ 230% 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 € 37,316.
People and assets in 2025
€ 7,502
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,466
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,550
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 37,892 | € 26,620 | € 17,509 | ▼ 34% |
| Profit after taxes | € 21,021 | € 11,718 | € 4,577 | ▼ 61% |
| Equity | € 26,021 | € 37,739 | € 42,316 | ▲ 12% |
| Total debts | € 42,217 | € 40,212 | € 12,906 | ▼ 68% |
| Cash | € 12,710 | € 4,761 | € 15,710 | ▲ 230% |
| Retained profit | € 21,021 | € 32,739 | € 37,316 | ▲ 14% |
| Balance sheet total | € 68,238 | € 77,952 | € 55,223 | ▼ 29% |
Key figures of Casselman Engineering, 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 Casselman Engineering?
What happened at Casselman Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,577 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- MATTHIAS CASSELMAN became a director. NBB
- Ludivine Bulthé became a director. NBB
In short
From € 21,021 profit in 2023 to € 4,577 profit in 2025.
Paid € 10,358 in corporate taxes since 2023.
Best year ever: 2023, with € 21,021 profit.
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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 Casselman Engineering are MATTHIAS CASSELMAN and Ludivine Bulthé.
Directors
According to the 2025 annual accounts
MATTHIAS CASSELMAN
Director
since 2022
Ludivine Bulthé
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Hoge Hul 53
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.761.618
- VAT number
- BE 0790.761.618
- Registered office
- Hoge Hul 53, 8000 Brugge
- Names & denominations
- Casselman Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2022
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Ondersteunende activiteiten in verband met de teelt van gewassen
Overige bouwinstallatie
Algemene elektrotechnische installatiewerken
Reparatie en onderhoud van producten van metaal
Overige bouwinstallatie, n.e.g.