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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COMPETEND from Gent, company number BE0865634928, closed financial year 2025 with a result of € 46,356 after tax. For that financial year COMPETEND recorded a gross margin of € 149,573 and equity of € 451,053. Compared with financial year 2024, the result moved from € -46,558 to € 46,356. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 451,053
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,356
▲ still € 46,558 loss in 2024
Profit after tax over the fiscal year.
€ 11,932
▲ € 10,728 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 € 417,453.
People and assets in 2025
€ 8,537
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 865,109
▼ 7% vs 2024
€ 64,694 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 427
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,593
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 184,693 | € 182,546 | € 50,772 | € 149,573 | ▲ 195% |
| Profit after taxes | € 91,800 | € 23,278 | € -46,558 | € 46,356 | ▲ € 92,914 |
| Equity | € 427,977 | € 451,254 | € 404,697 | € 451,053 | ▲ 11% |
| Total debts | € 548,424 | € 1,009,896 | € 969,192 | € 882,070 | ▼ 9% |
| Cash | € 76,945 | € 49,574 | € 1,205 | € 11,932 | ▲ € 10,728 |
| Land & buildings | € 844,868 | € 1,349,152 | € 1,313,412 | € 1,276,832 | ▼ 3% |
| Retained profit | € 394,377 | € 417,654 | € 371,097 | € 417,453 | ▲ 12% |
| Bank debt | € 496,258 | € 989,861 | € 928,309 | € 865,109 | ▼ 7% |
| Balance sheet total | € 976,400 | € 1,461,150 | € 1,373,888 | € 1,333,124 | ▼ 3% |
Key figures of COMPETEND, 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 COMPETEND?
What happened at COMPETEND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,356. Source: NBB ↗
- New establishment in Gent. KBO
- Sebastien Dubrulle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 91,800 profit in 2022 to € 46,356 profit in 2025.
Paid € 59,374 in corporate taxes since 2022.
Best year ever: 2022, with € 91,800 profit.
Management
Behind COMPETEND is Sebastien Dubrulle.
Directors
According to the 2025 annual accounts
Sebastien Dubrulle
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Aaigemstraat 105
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.634.928
- VAT number
- BE 0865.634.928
- Registered office
- Aaigemstraat 105, 9000 Gent
- Names & denominations
- COMPETEND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2004
- Peppol
- Active · Active since 8 May 2024
- Contact
- [email protected] 0479946131
- Activities · NACE
Handel in eigen onroerend goed
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