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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Shrinking team NBB
FTE fell two years in a row, from 3 to 2.5.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ANTWERP CUT from Antwerpen, company number BE0889295505, closed financial year 2025 with a result of € 7.3 million after tax. For that financial year ANTWERP CUT recorded revenue of € 19 million and equity of € 39.6 million. Compared with financial year 2024, the result moved from € 1.4 million to € 7.3 million. 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 September 30, 2026.
€ 39.6 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7.3 million
▲ € 5.9 million vs 2024
Profit after tax over the fiscal year.
€ 4.8 million
▲ € 4.3 million 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 € 39.6 million.
People and assets in 2025
2.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 214,087
▼ 10% vs 2024
€ 85,600 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 235,119
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 7 days on average.
€ 68,350
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,197,304 | € 7,536,023 | € 4,068,399 | € 19,033,208 | ▲ € 15 million |
| Profit after taxes | € 4,130,822 | € 2,159,195 | € 1,412,241 | € 7,335,949 | ▲ € 5.9 million |
| Equity | € 30,507,767 | € 30,839,758 | € 32,251,999 | € 39,587,947 | ▲ 23% |
| Total debts | € 1,230,737 | € 1,175,796 | € 1,065,144 | € 545,006 | ▼ 49% |
| Cash | € 717,376 | € 3,045,432 | € 572,686 | € 4,838,781 | ▲ € 4.3 million |
| Land & buildings | € 1,174,551 | € 1,111,105 | € 1,033,054 | € 955,003 | ▼ 8% |
| Retained profit | € 30,489,167 | € 30,821,158 | € 32,233,399 | € 39,569,347 | ▲ 23% |
| Dividend | € 1,577,100 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 31,738,504 | € 32,015,553 | € 33,317,143 | € 40,132,954 | ▲ 20% |
| Employees (FTE) | 3 | 3 | 2.8 | 2.5 | ▼ 0.3 |
Key figures of ANTWERP CUT, 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 ANTWERP CUT?
What happened at ANTWERP CUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7.3 million (▲ € 5.9 million vs 2024). filed late Source: NBB ↗
- Yaël GUTKIND became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Massih Akiki became a director. NBB
In short
From € 4.1 million profit in 2022 to € 7.3 million profit in 2025.
Paid € 51,807 in corporate taxes since 2022.
Best year ever: 2025, with € 7.3 million profit.
Paid out € 1.6 million in dividends to the owners in total.
Management
Behind ANTWERP CUT are Yaël GUTKIND and Massih Akiki. Yaël GUTKIND is also behind ANTWERPSCHE DIAMANTKRING.
Directors
According to the 2025 annual accounts
since 2024
Massih Akiki
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 51 box 150
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →Dali Diamond Company
Rubin & Zonen
€ 15.1 million revenue · 2026
OREDIA
€ -1,137 gross margin · 2025
HB Blueprint
€ 699,991 revenue · 2025
AERODIAM ANTWERP
€ 201,409 gross margin · 2025
+26 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
- 0889.295.505
- VAT number
- BE 0889.295.505
- Registered office
- Hoveniersstraat 51 bus 150, 2018 Antwerpen
- Names & denominations
- ANTWERP CUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2007
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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