Financials
Financial year 2025
North Sea Port Flanders from Gent, company number BE0218843678, closed financial year 2025 with a result of € 15.8 million after tax. For that financial year North Sea Port Flanders recorded revenue of € 64 million and equity of € 610 million. Compared with financial year 2024, the result moved from € 14.2 million to € 15.8 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 June 23, 2026.
€ 610 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15.8 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 40% 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 € 215.5 million.
People and assets in 2025
137.7
▲ 9.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16 million
▼ 7% vs 2024
€ 116,400 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.
€ 751,371
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 166,686
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 16 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 353 days on average.
€ 2.9 million
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,051,370 | € 55,182,428 | € 58,830,290 | € 64,040,991 | ▲ 9% |
| Profit after taxes | € 9,998,906 | € 10,127,890 | € 14,226,699 | € 15,760,173 | ▲ 11% |
| Equity | € 583,661,059 | € 589,514,476 | € 599,249,875 | € 609,986,154 | ▲ 2% |
| Total debts | € 23,236,757 | € 23,482,374 | € 41,736,310 | € 40,636,905 | ▼ 3% |
| Cash | € 5,408,923 | € 5,301,123 | € 7,152,662 | € 4,301,718 | ▼ 40% |
| Land & buildings | € 423,540,287 | € 410,436,863 | € 393,587,606 | € 381,984,291 | ▼ 3% |
| Retained profit | € 145,251,444 | € 165,440,582 | € 189,728,530 | € 215,485,634 | ▲ 14% |
| Bank debt | € 1,266,682 | € 833,350 | € 500,018 | € 166,686 | ▼ 67% |
| Balance sheet total | € 609,400,802 | € 615,363,355 | € 642,993,417 | € 652,211,384 | ▲ 1% |
| Employees (FTE) | 123.6 | 127.3 | 128.6 | 137.7 | ▲ 9.1 |
Key figures of North Sea Port Flanders, 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 North Sea Port Flanders?
What happened at North Sea Port Flanders in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cas König stepped down as director. NBB
- Maarten den Dekker stepped down as director. NBB
- Sofie Monteyne stepped down as director. NBB
- Peter Van Parys stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 15.8 million (▲ 11% vs 2024). Source: NBB ↗
- Cas König became a director. NBB
- Maarten den Dekker became a director. NBB
- Sofie Monteyne became a director. NBB
In short
From € 10 million profit in 2022 to € 15.8 million profit in 2025.
Paid € 8.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 15.8 million profit.
Management
Directors
According to the 2025 annual accounts
Cas König
Chairman of the board
since 2025 · until 2031
Maarten den Dekker
Director
since 2023 · until 2029
Sofie Monteyne
Director
since 2020 · until 2026
Peter Van Parys
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
John Kennedylaan 32
9042 Gent
Skaldenstraat 54
9042 Gent
Active since 1 January 1979
Rigakaai 1
9000 Gent
Active since 1 January 1979
Skaldenstraat 58 box a
9042 Gent
Active since 19 May 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
northseaport.com
Registered
2017-05-11
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-05-11
Website info
Features
Security
Details
- Company number
- 0218.843.678
- VAT number
- BE 0218.843.678
- Registered office
- John Kennedylaan 32, 9042 Gent
- Names & denominations
- North Sea Port Flanders
- Enterprise type
- Rechtspersoon
- Legal form
- Naamloze vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 1 January 1979
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- northseaport.com
- Activities · NACE
Diensten in verband met vervoer over water
Overige ondersteunende activiteiten i.v.m. het vervoer over water