Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TREEVIEW from Brugge, company number BE0860553217, closed financial year 2025 with a result of € -148,200 after tax. For that financial year TREEVIEW recorded a gross margin of € -92,231 and equity of € 155,033. Compared with financial year 2024, the result moved from € -44,378 to € -148,200. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 155,033
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -148,200
▼ 234 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,455
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 148,833.
People and assets in 2025
1.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 60,277
▲ 47% vs 2024
€ 54,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,404
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,085
▼ 25% vs 2024
€ 17,421 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 58,859
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,328
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 112,302 | € 88,595 | € 6,999 | € -92,231 | ▼ € 99,230 |
| Profit after taxes | € 44,007 | € 27,261 | € -44,378 | € -148,200 | ▼ € 103,822 |
| Equity | € 323,682 | € 349,277 | € 304,066 | € 155,033 | ▼ 49% |
| Total debts | € 146,276 | € 166,021 | € 200,769 | € 171,097 | ▼ 15% |
| Cash | € 302 | € 4,837 | € 32,356 | € 5,455 | ▼ 83% |
| Retained profit | € 317,482 | € 343,077 | € 297,866 | € 148,833 | ▼ 50% |
| Dividend | € 4,300 | € 1,666 | € 833 | € 833 | |
| Bank debt | € 4,288 | € 5,358 | € 66,753 | € 50,085 | ▼ 25% |
| Balance sheet total | € 469,958 | € 515,298 | € 504,835 | € 326,130 | ▼ 35% |
| Employees (FTE) | 1.3 | 1.2 | 1 | 1.1 | ▲ 0.1 |
Key figures of TREEVIEW, 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 TREEVIEW?
What happened at TREEVIEW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 148,200. Source: NBB ↗
- Valentijn Vyvey became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,007 profit in 2022 to € 148,200 loss in 2025.
Paid € 26,404 in corporate taxes since 2022.
Best year ever: 2022, with € 44,007 profit.
On average € 7,000 of value added per employee in 2024.
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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
Directors
According to the 2025 annual accounts
Valentijn Vyvey
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Lieven Bauwensstraat 22 box BU01
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0860.553.217
- VAT number
- BE 0860.553.217
- Registered office
- Lieven Bauwensstraat 22 bus BU01, 8200 Brugge
- Names & denominations
- TREEVIEW · Kudzu
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2003
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
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