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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAN BRUAENE-BULTHé from Roeselare, company number BE0892903113, closed financial year 2025 with a result of € -48,301 after tax. For that financial year VAN BRUAENE-BULTHé recorded a gross margin of € 1.5 million and equity of € 847,573. Compared with financial year 2024, the result moved from € 33,692 to € -48,301. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 847,573
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,301
▼ still € 33,692 profit in 2024
Profit after tax over the fiscal year.
€ 108,741
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,027.
People and assets in 2025
22.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 2% vs 2024
€ 51,700 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.
€ 178,776
▲ 71% vs 2024
Of which on lease € 158,722.
Debts at end 2025
€ 2.2 million
▼ 9% vs 2024
€ 268,618 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 109,198
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194,582
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 908,660 | € 1,157,903 | € 1,549,654 | € 1,503,708 | ▼ 3% |
| Profit after taxes | € -13,419 | € 47,834 | € 33,692 | € -48,301 | ▼ € 81,993 |
| Equity | € 814,347 | € 862,181 | € 895,874 | € 847,573 | ▼ 5% |
| Total debts | € 2,303,083 | € 2,224,342 | € 2,801,051 | € 2,768,717 | ▼ 1% |
| Cash | € 78,743 | € 131,275 | € 77,461 | € 108,741 | ▲ 40% |
| Land & buildings | € 2,077,994 | € 2,024,978 | € 2,689,142 | € 2,629,172 | ▼ 2% |
| Retained profit | € -138,253 | € -90,419 | € -56,726 | € -105,027 | ▼ € 48,301 |
| Bank debt | € 1,977,450 | € 1,891,988 | € 2,471,712 | € 2,244,981 | ▼ 9% |
| Balance sheet total | € 3,117,430 | € 3,086,524 | € 3,696,924 | € 3,616,290 | ▼ 2% |
| Employees (FTE) | 15.1 | 17.4 | 22.8 | 22.7 | ▼ 0.1 |
Key figures of VAN BRUAENE-BULTHé, 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 VAN BRUAENE-BULTHé?
What happened at VAN BRUAENE-BULTHé in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Roeselare. KBO
- New annual accounts for financial year 2025: loss of € 48,301 (▼ € 81,993 vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Roeselare. KBO
- New establishment in Waregem. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,419 loss in 2022 to € 48,301 loss in 2025.
Paid € 1,668 in corporate taxes since 2022.
Best year ever: 2023, with € 47,834 profit.
On average € 66,200 of value added per employee in 2025.
A new publication or filing at VAN BRUAENE-BULTHé? We notify you, reason included.
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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 VAN BRUAENE-BULTHé are Sabine Bulthé, Filip Van Bruaene and Jonas Van Bruaene. Jonas Van Bruaene is also behind Tastoe Noord.
Directors
According to the 2025 annual accounts
Sabine Bulthé
Director
Filip Van Bruaene
Director
Establishments
Establishment units
Physical locations of this company
Ardooisesteenweg 464
8800 Roeselare
Nieuwenhovestraat 56
8790 Waregem
Active since 12 December 2022
Izegemsestraat 40
8800 Roeselare
Active since 9 December 2023
Westlaan 23
8800 Roeselare
Active since 25 April 2024
Beversesteenweg 601
8800 Roeselare
Active since 24 August 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0892.903.113
- VAT number
- BE 0892.903.113
- Registered office
- Ardooisesteenweg 464, 8800 Roeselare
- Names & denominations
- VAN BRUAENE-BULTHé
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2007
- Peppol
- Active · Active since 3 Mar 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)