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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LA BRUGEOISE from Ichtegem, company number BE0822308788, closed financial year 2025 with a result of € -78,271 after tax. For that financial year LA BRUGEOISE recorded a gross margin of € 79,349 and equity of € -278,769. Compared with financial year 2024, the result moved from € -64,611 to € -78,271. 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 October 14, 2026.
€ -278,769
▼ € 78,271 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,271
▼ 21 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,818
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
€ 61,708
▲ 4% 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.
€ 2,220
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 213,334
▼ 19% vs 2024
€ 49,231 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 24,625
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,791
▲ 66% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,331 | € 34,087 | € 91,308 | € 79,349 | ▼ 13% |
| Profit after taxes | € -14,759 | € -116,125 | € -64,611 | € -78,271 | ▼ € 13,661 |
| Equity | € -19,763 | € -135,888 | € -200,498 | € -278,769 | ▼ € 78,271 |
| Total debts | € 1,435,161 | € 1,530,831 | € 1,566,489 | € 1,606,501 | ▲ 3% |
| Cash | € 18,948 | € 39,895 | € 14,502 | € 6,818 | ▼ 53% |
| Land & buildings | € 1,296,454 | € 1,271,729 | € 1,247,003 | € 1,222,278 | ▼ 2% |
| Retained profit | € -1,219,763 | € -1,335,888 | € -1,400,498 | € -1,478,769 | ▼ € 78,271 |
| Bank debt | € 361,026 | € 311,795 | € 262,564 | € 213,334 | ▼ 19% |
| Balance sheet total | € 1,415,399 | € 1,394,943 | € 1,365,991 | € 1,327,731 | ▼ 3% |
Key figures of LA BRUGEOISE, 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 LA BRUGEOISE?
What happened at LA BRUGEOISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 78,271. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Rik Maertens became a director. NBB
- Johan Verborgh became a director. NBB
In short
From € 14,759 loss in 2022 to € 78,271 loss in 2025.
Paid € 664 in corporate taxes since 2022.
Management
The stake of LINEA ROSSO, CASA DUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LA BRUGEOISEBehind LA BRUGEOISE are Rik Maertens and Johan Verborgh. The shares are held by LINEA ROSSO (50%) and CASA DUE (50%).
Directors
According to the 2025 annual accounts
Rik Maertens
Director
since 2010
Johan Verborgh
Director
Also active at: arQ | Architectuurstudio, arQ | ArchitectenStudio, ADELANTE, CREASULT, BASKET@SEA, BeNeLeague Basketball, CASA DUE, DÔME@SEA
since 2010
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koekelarestraat(ICH) 10
8480 Ichtegem
Vaartdijkstraat 7
8200 Brugge
Active since 15 January 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →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
one.com Mail
Hosting
WIX_COM, IL
Domain
Domain
labrugeoise.com
Registered
2010-02-09
Registrar
One.com A/S
Expires
2027-02-09
Website info
Features
Security
Details
- Company number
- 0822.308.788
- VAT number
- BE 0822.308.788
- Registered office
- Koekelarestraat(ICH) 10, 8480 Ichtegem
- Names & denominations
- LA BRUGEOISE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2010
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- labrugeoise.com [email protected]
- Activities · NACE
Organisatie van congressen en beurzen
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Exploitatie van schouwburgen, concertzalen en dergelijke
Overige zakelijke dienstverlening, neg