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 32 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 94.8 to 82.9.
Financials
Financial year 2025
BRUGGE RETAIL from Brugge, company number BE0893621903, closed financial year 2025 with a result of € -74,546 after tax. For that financial year BRUGGE RETAIL recorded revenue of € 41.5 million and equity of € 28.2 million. Compared with financial year 2024, the result moved from € 376,055 to € -74,546. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 28.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,546
▼ still € 376,055 profit in 2024
Profit after tax over the fiscal year.
€ 353,329
▲ 114% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11.6 million.
People and assets in 2025
82.9
▼ 11.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▼ 9% vs 2024
€ 43,100 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.
€ 9 million
▼ 9% vs 2024
Of which on lease € 8.9 million.
Debts at end 2025
€ 13.5 million
▼ 7% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2.5 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 1.2 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,481,059 | € 45,497,077 | € 43,312,439 | € 41,522,505 | ▼ 4% |
| Profit after taxes | € -330,578 | € 460,875 | € 376,055 | € -74,546 | ▼ € 450,601 |
| Equity | € 27,411,281 | € 27,872,156 | € 28,248,211 | € 28,173,665 | |
| Total debts | € 20,286,659 | € 19,706,843 | € 18,044,029 | € 17,246,238 | ▼ 4% |
| Cash | € 642,275 | € 439,387 | € 165,207 | € 353,329 | ▲ 114% |
| Retained profit | € 10,823,404 | € 11,284,280 | € 11,660,335 | € 11,585,788 | ▼ 1% |
| Bank debt | € 16,424,397 | € 15,491,144 | € 14,502,052 | € 13,453,779 | ▼ 7% |
| Balance sheet total | € 47,697,940 | € 47,578,999 | € 46,292,240 | € 45,419,902 | ▼ 2% |
| Employees (FTE) | 97.1 | 94.8 | 94.6 | 82.9 | ▼ 11.7 |
Key figures of BRUGGE RETAIL, 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 BRUGGE RETAIL?
What happened at BRUGGE RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geoffroy Gersdorff stepped down as director. NBB
- Cedric Ammann stepped down as director. NBB
- Matthias Locker stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 74,546 (▼ € 450,601 vs 2024). Source: NBB ↗
- Matthias Locker became a director. NBB
- Geoffroy Gersdorff became a director. NBB
- Cedric Ammann became a director. NBB
- New establishment in Brugge. KBO
In short
From € 330,578 loss in 2022 to € 74,546 loss in 2025.
Paid € 3,568 in corporate taxes since 2022.
Best year ever: 2023, with € 460,875 profit.
Pays suppliers within 26 days on average.
Management
The shares are held by CARREFOUR BELGIUM (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Cedric Ammann
Director
since 2025 · until 2028
since 2025 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blankenbergse Steenweg 420
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.621.903
- VAT number
- BE 0893.621.903
- Registered office
- Blankenbergse Steenweg 420, 8000 Brugge
- Names & denominations
- BRUGGE RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2007
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Hypermarkten (verkoopsopp. vanaf 2.500 m2)
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte = 2500 m²)