Het Entrepot
ActiveSummary
Het Entrepot has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €707,106 and a net result of €233,728. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+24
Solvency90▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.99 in 2024; short-term debt: 35.2% and cash: 65.1% of total assets), and 35.2% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.8%
Return on assets
21.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €707,106
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
51 d early
2023
37 d early
2022
125 d early
2021
100 d early
2020
99 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 72 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 May (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 employer in Bruges, Real estate sector
Equity
€707,106▲ 80.1%
2024 · €392,698
Total assets
€1.1m▲ 76.3%
2024 · €619,086
Net result
€233,728▲ 1,418%
2024 · €15,399
Working capital
€522,361▲ 133%
2024 · €223,930
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,225▼ 56.3%-€60,976-€65,068▼ 6.7%€23,645€234,668▲ 892%
Net result-€3,590within the sector's middle half-€63,817below the sector's middle half▼ 1,677%-€64,838below the sector's middle half▼ 1.6%€15,399within the sector's middle half€233,728above the sector's middle half▲ 1,418%
Equity€490,985within the sector's middle half▼ 2.3%€427,169within the sector's middle half▼ 13.0%€362,330within the sector's middle half▼ 15.2%€392,698within the sector's middle half▲ 8.4%€707,106within the sector's middle half▲ 80.1%
Total assets€815,749within the sector's middle half▼ 5.6%€573,772below the sector's middle half▼ 29.7%€613,622below the sector's middle half▲ 6.9%€619,086below the sector's middle half▲ 0.9%€1.1mwithin the sector's middle half▲ 76.3%
Debt€324,764▼ 5.8%€146,603▼ 54.9%€251,292▲ 71.4%€226,387▼ 9.9%€384,256▲ 69.7%
Working capital€473,719within the sector's middle half▼ 7.3%€333,166within the sector's middle half▼ 29.7%€220,622within the sector's middle half▼ 33.8%€223,930within the sector's middle half▲ 1.5%€522,361above the sector's middle half▲ 133%
Solvency60.2%within the sector's middle half▲ 2.1pp74.4%above the sector's middle half▲ 14.3pp59.0%within the sector's middle half▼ 15.4pp63.4%above the sector's middle half▲ 4.4pp64.8%above the sector's middle half▲ 1.4pp
Current ratio3.14above the sector's middle half▼ 0.353.51above the sector's middle half▲ 0.371.88within the sector's middle half▼ 1.631.99within the sector's middle half▲ 0.112.36within the sector's middle half▲ 0.37
Return on assets (ROA)-0.4%within the sector's middle half▼ 0.5pp-11.1%below the sector's middle half▼ 10.7pp-10.6%below the sector's middle half▲ 0.6pp2.5%within the sector's middle half▲ 13.1pp21.4%above the sector's middle half▲ 18.9pp
Staff (FTE)15.3above the sector's middle half▲ 2.0%15.5above the sector's middle half▲ 1.3%15.9above the sector's middle half▲ 2.6%14.9above the sector's middle half▼ 6.3%14.5above the sector's middle half▼ 2.7%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 892% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€184,745 ▲ 8.9%
Current assets
€906,617 ▲ 102%
Equity and liabilities €1.1m
Equity
€707,106 ▲ 80.1%
Debt
€384,256 ▲ 69.7%
Debt's share of the balance-sheet total falls from 36.6% to 35.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€275,549▲
2024 · €68,040
Cash flow
€274,609▲
2024 · €59,793
Quick ratio
2.31▲
2024 · 1.90
Debt to equity
0.54▼
2024 · 0.58
ROE
33.1%▲
2024 · 3.9%
Interest coverage
266.26▲
2024 · 8.21
Debt ≤ 1 year
€384,256▲
2024 · €225,530
Staff costs
€880,395▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €80,843 | - |
| Remuneration, social security and pensions62 | €803,149 | €904,575 | €1.0m | €1.0m | €880,395 | ▼ 13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,141 | €43,338 | €45,204 | €44,395 | €40,881 | ▼ 7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €47,747 | €0 | - | -€47,747 | - |
| Other operating charges640/8 | €24,950 | €10,560 | €8,416 | €11,751 | €5,683 | ▼ 51.6% |
| Non-recurring operating charges66A | - | - | €23 | €0 | €70,431 | - |
| Gross operating margin9900 | €860,195 | €945,244 | €992,516 | €1.1m | €1.2m | ▲ 7.6% |
| Operating profit (loss)9901 | €2,225 | -€60,976 | -€65,068 | €23,645 | €234,668 | ▲ 892% |
| Financial income75/76B | €84 | €20 | €471 | €38 | €95 | ▲ 150% |
| Recurring financial income75 | €84 | €20 | €471 | €38 | €95 | ▲ 150% |
| Financial charges65/66B | €5,900 | €2,861 | €241 | €8,285 | €1,035 | ▼ 87.5% |
| Recurring financial charges65 | €5,900 | €2,861 | €241 | €8,285 | €1,035 | ▼ 87.5% |
| Profit (loss) for the period before taxes9903 | -€3,590 | -€63,817 | -€64,838 | €15,399 | €233,728 | ▲ 1,418% |
| Profit (loss) for the period9904 | -€3,590 | -€63,817 | -€64,838 | €15,399 | €233,728 | ▲ 1,418% |
| Profit (loss) for the period to be appropriated9905 | -€3,590 | -€63,817 | -€64,838 | €15,399 | €233,728 | ▲ 1,418% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €815,749 | €573,772 | €613,622 | €619,086 | €1.1m | ▲ 76.3% |
| Fixed assets21/28 | €120,578 | €108,011 | €141,708 | €169,625 | €184,745 | ▲ 8.9% |
| Intangible fixed assets21 | €16,890 | €15,574 | €9,778 | €5,191 | €4,749 | ▼ 8.5% |
| Tangible fixed assets22/27 | €103,688 | €92,437 | €131,930 | €164,434 | €179,996 | ▲ 9.5% |
| Plant, machinery and equipment23 | €22,299 | €19,535 | €32,176 | €57,113 | €47,840 | ▼ 16.2% |
| Furniture and vehicles24 | €4,709 | €7,838 | €4,391 | €2,968 | €11,660 | ▲ 293% |
| Other tangible fixed assets26 | €76,680 | €65,064 | €95,364 | €104,354 | €120,495 | ▲ 15.5% |
| Current assets29/58 | €695,171 | €465,760 | €471,914 | €449,460 | €906,617 | ▲ 102% |
| Stocks and contracts in progress3 | €20,407 | €20,235 | €16,352 | €22,064 | €18,824 | ▼ 14.7% |
| Stocks30/36 | €20,407 | €20,235 | €16,352 | €22,064 | €18,824 | ▼ 14.7% |
| Amounts receivable within one year40/41 | €84,917 | €44,255 | €85,969 | €52,673 | €146,398 | ▲ 178% |
| Trade receivables40 | €77,001 | €34,867 | €75,159 | €49,826 | €146,343 | ▲ 194% |
| Other amounts receivable41 | €7,916 | €9,387 | €10,810 | €2,847 | €55 | ▼ 98.1% |
| Cash at bank and in hand54/58 | €534,172 | €271,136 | €308,936 | €298,136 | €710,033 | ▲ 138% |
| Deferred charges and accrued income490/1 | €55,675 | €130,135 | €60,656 | €76,587 | €31,363 | ▼ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €815,749 | €573,772 | €613,622 | €619,086 | €1.1m | ▲ 76.3% |
| Equity10/15 | €490,985 | €427,169 | €362,330 | €392,698 | €707,106 | ▲ 80.1% |
| Reserves13 | - | - | - | - | €180,000 | - |
| Profit (loss) carried forward14 | €490,985 | €427,169 | €362,330 | €377,729 | €431,457 | ▲ 14.2% |
| Investment grants15 | - | - | - | €14,969 | €95,649 | ▲ 539% |
| Amounts payable17/49 | €324,764 | €146,603 | €251,292 | €226,387 | €384,256 | ▲ 69.7% |
| Amounts payable within one year42/48 | €221,452 | €132,594 | €251,292 | €225,530 | €384,256 | ▲ 70.4% |
| Current portion of amounts payable after more than one year42 | €23,779 | €0 | - | - | - | - |
| Trade debts44 | €66,321 | €24,054 | €89,107 | €100,011 | €139,815 | ▲ 39.8% |
| Suppliers440/4 | €66,321 | €24,054 | €89,107 | €100,011 | €139,815 | ▲ 39.8% |
| Advances received on contracts in progress46 | €180 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €131,172 | €108,540 | €162,184 | €125,519 | €244,441 | ▲ 94.7% |
| Taxes450/3 | €10,280 | €8,416 | €16,437 | €25,535 | €47,582 | ▲ 86.3% |
| Remuneration and social security454/9 | €120,892 | €100,123 | €145,747 | €99,984 | €196,859 | ▲ 96.9% |
| Accrued charges and deferred income492/3 | €103,312 | €14,009 | €0 | €857 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,590 | -€63,817 | -€64,838 | €15,399 | €233,728 | ▲ 1,418% |
| + Depreciation and write-downs630 | €47,141 | €43,338 | €45,204 | €44,395 | €40,881 | ▼ 7.9% |
| Operating cash flow (approximation) | €43,551 | -€20,479 | -€19,634 | €59,793 | €274,609 | ▲ 359% |
| Investment in fixed assets (approximation) | - | -€30,772 | -€78,901 | -€72,312 | -€56,001 | ▲ 22.6% |
| Change in cash | - | -€263,037 | €37,801 | -€10,800 | €411,897 | ▲ 3,914% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
State Gazette act
Resignations: Manon Billiet, Asger De Loof and 2 othersAppointments: Louis Vandamme, Ma (Marie) Bogaert and Senne Jacobus20 facts ▸
State Gazette act
Resignations: Manon Billiet, Asger De Loof and 2 others
Appointments: Louis Vandamme, Ma (Marie) Bogaert and Senne Jacobus20 facts ▸
- Board meeting, 25-03-2026
- Director resignation, Manon Billiet (day-to-day manager)
- Other statement, 25-03-2026
- General meeting, 25-03-2026
- Director resignation, Manon Billiet (director)
- Director resignation, Asger De Loof (director)
- Director resignation, Rocky Zutterman (director)
- Director resignation, Maria Kamei (director)
- Director appointment, Louis Vandamme (director)
- Director appointment, Ma (Marie) Bogaert (director)
- Director appointment, Senne Jacobus (director)
- Board composition, Hoste Rani (bestuurder,voorzitter en dagelijks bestuurder)
- +8 further facts in this act
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €233,728 ▲1,418%
Operating result €234,668, net result €233,728, both a record.
31-12
Financial
Equity above €500,000Eq €707,106 ▲80.1%
2 profitable years in a row build equity to €707,106.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €15,399
Net result €15,399 after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€64,838
Net result drops to -€64,838, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €832
Net result €832 after 2 loss-making years.
Show earlier events
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26093023). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Louis Vandamme
CurrentDirector · since 25-03-2026
Ma (Marie) Bogaert
CurrentDirector · since 25-03-2026
Senne Jacobus
CurrentDirector · since 25-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brugge · 3 establishment units since 2007
Ground area
3,775 m²
Building footprint
2,293 m²
Volume, LiDAR
16,527 m³
3 parcels, Flanders · tallest building 20.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
Regionaal Centrum voor Jongerencultuur: "Het Entrepot"
since 20072.159.652.441
Het Cachot
since 20262.386.831.785
Villa Bota
since 20262.386.832.082
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0316/35A000 | Flanders | 1,788 m² | 1 · 1,623 m² | 11.8 m · 3 fl. |
| 31804D1646/00P000 | Flanders | 1,633 m² | 1 · 433 m² | - |
| 31802B0757/00P000 | Flanders | 353 m² | 1 · 236 m² | 20.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
7 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Louis Vandamme |
|
| Ma (Marie) Bogaert |
|
| Senne Jacobus |
|
| Asger De Loof |
|
| Manon Billiet |
|
| Maria Kamei |
|
| Rocky Zutterman |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 976,159 EUR awarded · 720,792 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 226,104 EUR | 202,274 EUR |
| 2024 | 3 | 217,398 EUR | 244,504 EUR |
| 2023 | 3 | 140,844 EUR | 220,962 EUR |
| 2022 | 3 | 391,813 EUR | 53,052 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrugge2.159.652.441
Brugge2.386.832.082
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Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 4,311 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded30-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
94991Youth work associations
77224Rental and leasing activities
85520Cultural education
Contact
Website
www.hetentrepot.beBrugge
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476480727
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.