Financials
Financial year 2026
SOUTHSTORE from Gent, company number BE0886374914, closed financial year 2026 with a result of € 384,399 after tax. For that financial year SOUTHSTORE recorded a gross margin of € 468,294 and equity of € 1.5 million. Compared with financial year 2025, the result moved from € 180,611 to € 384,399. Profitable, and profit is growing. 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 October 9, 2026.
€ 1.5 million
▲ 29% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 384,399
▲ 113% vs 2025
Profit after tax over the fiscal year.
€ 338,998
▲ 188% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 18,106
▼ 53% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.6 million
▼ 10% vs 2025
€ 126,861 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 62,816
▼ 79% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 40,552
▼ 28% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 397,009 | € 581,100 | € 546,742 | € 468,294 | ▼ 14% |
| Profit after taxes | € 142,724 | € 220,938 | € 180,611 | € 384,399 | ▲ 113% |
| Equity | € 790,029 | € 1,008,101 | € 1,188,713 | € 1,528,112 | ▲ 29% |
| Total debts | € 2,398,441 | € 2,132,666 | € 2,136,083 | € 1,701,951 | ▼ 20% |
| Cash | € 28,199 | € 117,822 | € 117,675 | € 338,998 | ▲ 188% |
| Land & buildings | € 2,008,310 | € 1,910,789 | € 1,813,269 | € 1,715,748 | ▼ 5% |
| Retained profit | € 496,029 | € 714,101 | € 894,713 | € 1,234,112 | ▲ 38% |
| Dividend | € 52,596 | € 2,866 | € 0 | € 45,000 | |
| Bank debt | € 2,007,096 | € 1,959,303 | € 1,763,692 | € 1,585,761 | ▼ 10% |
| Balance sheet total | € 3,188,470 | € 3,140,768 | € 3,324,796 | € 3,230,063 | ▼ 3% |
Key figures of SOUTHSTORE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SOUTHSTORE?
What happened at SOUTHSTORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 384,399 (▲ 113% vs 2025). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,724 profit in 2023 to € 384,399 profit in 2026.
Paid € 388,667 in corporate taxes since 2023.
Best year ever: 2026, with € 384,399 profit.
Paid out € 100,462 in dividends to the owners in total.
Management
Behind SOUTHSTORE are Bart Batsleer, Giovanni De Timmerman, Christoph Bral, Jytte Jochems, Evelien Bruylandt and Pieter-Jan Cordier. The same people are also behind Vinoscoop Events.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Industrieweg 202
9030 Gent
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.
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Details
- Company number
- 0886.374.914
- VAT number
- BE 0886.374.914
- Registered office
- Industrieweg 202, 9030 Gent
- Names & denominations
- SOUTHSTORE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2007
- Peppol
- Active · Active since 1 Aug 2026
- Activities · NACE
Groothandel in wijnen en geestrijke dranken
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van eetgelegenheden met volledige bediening
Overige accommodatie
Catering van evenementen
Eetgelegenheden met volledige bediening