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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIDES INDUSTRIAL DESIGN from Brugge, company number BE0881353975, closed financial year 2025 with a result of € 25,089 after tax. For that financial year CIDES INDUSTRIAL DESIGN recorded a gross margin of € 77,917 and equity of € 7,499. Compared with financial year 2024, the result moved from € 14,622 to € 25,089. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 7,499
▲ € 25,089 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,089
▲ 72% vs 2024
Profit after tax over the fiscal year.
€ 18,518
▲ 56% 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 € -72,501.
People and assets in 2025
€ 378
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 226,567
▼ 19% vs 2024
€ 57,661 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 944
▲ € 818 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,742
▲ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,410 | € 57,624 | € 73,173 | € 77,917 | ▲ 6% |
| Profit after taxes | € -13,297 | € -5,961 | € 14,622 | € 25,089 | ▲ 72% |
| Equity | € 51,456 | € -32,212 | € -17,589 | € 7,499 | ▲ € 25,089 |
| Total debts | € 460,218 | € 339,152 | € 295,571 | € 241,119 | ▼ 18% |
| Cash | € 268,020 | € 101,549 | € 11,887 | € 18,518 | ▲ 56% |
| Land & buildings | € 238,615 | € 200,030 | € 161,445 | € 122,859 | ▼ 24% |
| Retained profit | € -106,250 | € -112,212 | € -97,589 | € -72,501 | ▲ € 25,089 |
| Dividend | € 54,764 | € 0 | € 0 | € 0 | |
| Bank debt | € 382,909 | € 333,410 | € 281,367 | € 226,567 | ▼ 19% |
| Balance sheet total | € 511,675 | € 306,940 | € 277,981 | € 248,618 | ▼ 11% |
Key figures of CIDES INDUSTRIAL DESIGN, 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 October 2026.
What happened to CIDES INDUSTRIAL DESIGN?
What happened at CIDES INDUSTRIAL DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,089 (▲ 72% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Katie Dewaele became a director. NBB
- Dimitri Merlin became a director. NBB
In short
From € 13,297 loss in 2022 to € 25,089 profit in 2025.
Best year ever: 2025, with € 25,089 profit.
Paid out € 54,764 in dividends to the owners in total.
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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 CIDES INDUSTRIAL DESIGN are Katie Dewaele and Dimitri Merlin. Katie Dewaele is also behind Signoritas. Dimitri Merlin is also behind Cides Product Design.
Directors
According to the 2025 annual accounts
since 2006
since 2006
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 7
8310 Brugge
Guido Gezellelaan 22
8000 Brugge
Active since 9 June 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →D'ARTAGNAN CONCEPTUAL COMMUNICATION
€ 1.4 million gross margin · 2024
Cides Product Design same network
€ 146,773 gross margin · 2025
Signoritas same network
€ 206,665 gross margin · 2025
STUDIO ARSÈNE
€ 270,583 gross margin · 2025
Firma-ment
€ 92,503 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.353.975
- VAT number
- BE 0881.353.975
- Registered office
- Nijverheidsstraat 7, 8310 Brugge
- Names & denominations
- CIDES INDUSTRIAL DESIGN · CIDES ID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2006
- Peppol
- Active · Active since 2 Jul 2026
- Contact
- [email protected]
- Activities · NACE
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