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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
WOONMAATSCHAPPIJ IJZER EN ZEE from Veurne, company number BE0405261842, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year WOONMAATSCHAPPIJ IJZER EN ZEE recorded revenue of € 18 million and equity of € 39 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.8 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 39 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 13.1 million
▲ 3% 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 € 27.5 million.
People and assets in 2025
30.6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 2% vs 2024
€ 83,300 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.
€ 172,424
▼ 13% vs 2024
Of which on lease € 24,482.
Debts at end 2025
€ 133.6 million
▼ 7% vs 2024
€ 5.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 1.1 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 1.7 million
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,790,603 | € 16,799,074 | € 19,393,837 | € 17,969,403 | ▼ 7% |
| Profit after taxes | € 1,295,357 | € 645,126 | € 1,734,748 | € 1,773,977 | ▲ 2% |
| Equity | € 37,117,878 | € 38,378,738 | € 40,072,241 | € 39,032,061 | ▼ 3% |
| Total debts | € 129,459,136 | € 133,290,640 | € 149,978,585 | € 140,520,313 | ▼ 6% |
| Cash | € 12,938,636 | € 14,964,315 | € 12,782,367 | € 13,132,132 | ▲ 3% |
| Land & buildings | € 122,998,859 | € 124,519,182 | € 152,910,919 | € 153,430,074 | |
| Retained profit | € 24,084,216 | € 25,847,319 | € 28,042,405 | € 27,494,256 | ▼ 2% |
| Bank debt | € 123,183,989 | € 127,634,693 | € 143,210,171 | € 133,634,600 | ▼ 7% |
| Balance sheet total | € 168,459,810 | € 173,989,035 | € 192,614,151 | € 182,256,295 | ▼ 5% |
| Employees (FTE) | 20.2 | 28.8 | 30.5 | 30.6 | ▲ 0.1 |
Key figures of WOONMAATSCHAPPIJ IJZER EN ZEE, 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 WOONMAATSCHAPPIJ IJZER EN ZEE?
What happened at WOONMAATSCHAPPIJ IJZER EN ZEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rosaline Mouton stepped down as director. NBB
- Jonas Bel stepped down as director. NBB
- Joris Hindryckx stepped down as director. NBB
- Sylvie Thieren stepped down as director. NBB
- Bieke Moerman stepped down as director. NBB
- Lieve Castryck stepped down as director. NBB
- Patrick Lansens stepped down as director. NBB
- Jos Decorte stepped down as director. NBB
In short
From € 1.3 million profit in 2022 to € 1.8 million profit in 2025.
Paid € 176,102 in corporate taxes since 2022.
Best year ever: 2025, with € 1.8 million profit.
Pays suppliers within 47 days on average.
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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
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Joris Hindryckx
Director
Also active at: Katholieke Hogeschool Vives Zuid, Katholieke Hogeschool VIVES Noord, TOSH
since 2025 · until 2031
Sylvie Thieren
Director
Also active at: West-Vlaamse Intercommunale, Dienstverlenende vereniging Westhoek
since 2025 · until 2031
Bieke Moerman
Director
since 2025 · until 2031
Lieve Castryck
Director
Also active at: Dienstverlenende vereniging Westhoek, Eerstelijnszone Westhoek
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2033
Stefaan Vercooren
Director
since 2025 · until 2031
Hanne Neyts
Director
since 2025 · until 2031
Nicolas Luyssen
Director
Also active at: INTERSERVICE, ZAKENKANTOOR LUYSSEN, Dienstverlenende vereniging Westhoek, Viertoren, DE VASTGOEDADVISEUR, Autonoom Gemeentebedrijf De Panne
since 2025 · until 2031
Lies Laridon
Director
Also active at: FLUVIUS, Fluvius West, FLUVIUS WEST, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, West-Vlaamse Politieschool, VLAAMSE ENERGIEHOLDING, 't WERKPAND, WEST-VLAAMSE DUURZAME LOGISTIEKE WERKVENNOOTSCHAP +4 more
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Brugse Steenweg 2
8630 Veurne
Canadalaan 39
8620 Nieuwpoort
Active since 11 September 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.261.842
- VAT number
- BE 0405.261.842
- Registered office
- Brugse Steenweg 2, 8630 Veurne
- Names & denominations
- WOONMAATSCHAPPIJ IJZER EN ZEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 1920
- Peppol
- Active · Active since 13 Jun 2025
- Activities · NACE
Verhuur en exploitatie van sociale woningen
Verhuur van sociale woningen
Projectontwikkeling voor woningbouw
Ontwikkeling van residentiële bouwprojecten