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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NACSED from Brugge, company number BE0843554461, closed financial year 2025 with a result of € 28,804 after tax. For that financial year NACSED recorded a gross margin of € 76,369 and equity of € 223,667. Compared with financial year 2024, the result moved from € 30,348 to € 28,804. 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 6, 2026.
€ 223,667
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,804
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 22,309
▼ 86% 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 € 148,667.
Debts at end 2025
€ 47,858
▼ 40% vs 2024
€ 33,523 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 563
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,424
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,546 | € 52,802 | € 79,351 | € 76,369 | ▼ 4% |
| Profit after taxes | € 11,708 | € 12,538 | € 30,348 | € 28,804 | ▼ 5% |
| Equity | € 151,977 | € 164,514 | € 194,863 | € 223,667 | ▲ 15% |
| Total debts | € 223,632 | € 210,696 | € 209,816 | € 187,430 | ▼ 11% |
| Cash | € 89,138 | € 129,486 | € 162,102 | € 22,309 | ▼ 86% |
| Land & buildings | € 249,865 | € 231,990 | € 214,115 | € 196,240 | ▼ 8% |
| Retained profit | € 76,977 | € 89,514 | € 119,863 | € 148,667 | ▲ 24% |
| Bank debt | € 141,359 | € 111,327 | € 80,174 | € 47,858 | ▼ 40% |
| Balance sheet total | € 375,609 | € 375,211 | € 404,679 | € 411,097 | ▲ 2% |
Key figures of NACSED, 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 NACSED?
What happened at NACSED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,804 (▼ 5% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,708 profit in 2022 to € 28,804 profit in 2025.
Paid € 32,305 in corporate taxes since 2022.
Best year ever: 2024, with € 30,348 profit.
A new publication or filing at NACSED? We notify you, reason included.
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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 NACSED is Philippe Descan. Philippe Descan is also behind DESCAN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Veldmaarschalk Fochstraat 77
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0843.554.461
- VAT number
- BE 0843.554.461
- Registered office
- Veldmaarschalk Fochstraat 77, 8000 Brugge
- Names & denominations
- NACSED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2012
- Peppol
- Active · Active since 23 Jun 2025
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