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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Intercommunale Kustreddingsdienst West-Vlaanderen from Middelkerke, company number BE0224698025, closed financial year 2025 with a result of € -124,882 after tax. For that financial year Intercommunale Kustreddingsdienst West-Vlaanderen recorded a gross margin of € 423,630 and equity of € 802,214. Compared with financial year 2024, the result moved from € -124,122 to € -124,882. 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 25, 2026.
€ 802,214
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -124,882
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 101,797
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 778,664.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 229,636
€ 114,800 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.
€ 271,953
▼ 7% vs 2024
Of which on lease € 262,788.
Debts at end 2025
€ 180,000
▼ 6% vs 2024
€ 12,000 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 43,680
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,682
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 446,038 | € 433,552 | € 415,364 | € 423,630 | ▲ 2% |
| Profit after taxes | € 83,422 | € -13,705 | € -124,122 | € -124,882 | ▼ € 760 |
| Equity | € 1,064,924 | € 1,051,219 | € 927,097 | € 802,214 | ▼ 13% |
| Total debts | € 309,922 | € 305,843 | € 261,624 | € 266,855 | ▲ 2% |
| Cash | € 530,677 | € 307,153 | € 70,205 | € 101,797 | ▲ 45% |
| Retained profit | € 1,041,374 | € 1,027,669 | € 903,547 | € 778,664 | ▼ 14% |
| Bank debt | € 216,000 | € 204,000 | € 192,000 | € 180,000 | ▼ 6% |
| Balance sheet total | € 1,374,846 | € 1,357,061 | € 1,188,720 | € 1,069,069 | ▼ 10% |
| Employees (FTE) | - | 2 | 2 | 2 |
Key figures of Intercommunale Kustreddingsdienst West-Vlaanderen, 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 Intercommunale Kustreddingsdienst West-Vlaanderen?
What happened at Intercommunale Kustreddingsdienst West-Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dolores DAVID stepped down as director. NBB
- Bjorn PANNECOUCKE stepped down as director. NBB
- Wim JANSSENS stepped down as director. NBB
- Dirk DECORTE stepped down as director. NBB
- Wim DEMEESTER stepped down as director. NBB
- Philip KONINGS stepped down as director. NBB
- Bert DE BRABANDERE stepped down as director. NBB
- Sandy DOBBELAERE stepped down as director. NBB
In short
From € 83,422 profit in 2022 to € 124,882 loss in 2025.
Paid € 1,472 in corporate taxes since 2022.
Best year ever: 2022, with € 83,422 profit.
On average € 211,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Dolores DAVID
Director
since 2025 · until 2031
since 2025 · until 2031
Wim JANSSENS
Director
Also active at: Intercommunale Waterleidingsmaatschappij van Veurne Ambacht, Intercommunale Vereniging voor Vuilverwijdering en -verwerking voor de Veurne en Ommeland, Autonoom Gemeentebedrijf De Panne
since 2025 · until 2031
Dirk DECORTE
Director
since 2025 · until 2031
Wim DEMEESTER
Chairman of the board
Also active at: VASTGOED DEMEESTER, Autonoom Gemeentebedrijf Vrije Tijd
since 2025 · until 2031
since 2025 · until 2031
Bert DE BRABANDERE
Director
Also active at: Zetus, Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist"
since 2025 · until 2031
since 2025 · until 2031
Gaetan FANUEL
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Strandlaan 3
8434 Middelkerke
Zuidenwindhelling(Odk) 1
8670 Koksijde
Active since 1 January 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0224.698.025
- VAT number
- BE 0224.698.025
- Registered office
- Strandlaan 3, 8434 Middelkerke
- Names & denominations
- Intercommunale Kustreddingsdienst West-Vlaanderen · 424698068
- Enterprise type
- Rechtspersoon
- Legal form
- Opdrachthoudende vereniging (Vlaams Gewest)
- Legal situation
- Normale toestand
- Start date
- 3 February 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Exploitatie van sportaccommodaties