Active · per the CBE, 29 October 2026

North Sails

BE0412977795

Rechtspersoon Public limited company 1 establishment

North Sails is registered with the CBE as active in: Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding. Public Limited, started on 15 February 1973, 1 establishment.

Antwerpsesteenweg 124 box 63, 2630 Aartselaar

Active for

53 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

  • Busy address KBO

    49 other companies have their registered office at the same address; threshold 10.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

North Sails from Aartselaar, company number BE0412977795, closed financial year 2025 with a result of € 122,890 after tax. For that financial year North Sails recorded a gross margin of € 735,786 and equity of € -878,871. Compared with financial year 2024, the result moved from € 239,635 to € 122,890. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.

What it is worth Caution

€ -878,871

▲ € 122,890 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 122,890

▼ 49% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -940,871.

People and assets in 2025

Full-time equivalents

7.2

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 643,960

▲ 10% vs 2024

€ 89,400 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.

Vehicles and equipment

€ 270

▼ 67% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 9,592

▼ 97% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 168,050

▲ 54% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 591,468 € 1,097,005 € 1,049,320 € 735,786 ▼ 30%
Profit after taxes € -23,786 € 214,396 € 239,635 € 122,890 ▼ 49%
Equity € -1,455,793 € -1,241,397 € -1,001,762 € -878,871 ▲ € 122,890
Total debts € 2,168,946 € 2,723,899 € 2,053,490 € 1,632,126 ▼ 21%
Cash € 204,810 € 222,934 € 6,694 -
Retained profit € -1,517,793 € -1,303,397 € -1,063,762 € -940,871 ▲ € 122,890
Bank debt € 265,000 € 94,549 € 0 € 0
Balance sheet total € 713,153 € 1,482,502 € 1,051,728 € 753,255 ▼ 28%
Employees (FTE) 7.2 7.3 7.2 7.2

Key figures of North Sails, 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 Sails?

What happened at North Sails in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Thomas KNIGHT stepped down as director. NBB
  • Nicholas BOL stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 122,890 (▼ 49% vs 2024). filed late Source: NBB ↗
  • Thomas KNIGHT became a director. NBB
  • Nicholas BOL became a director. NBB
  • New establishment in Aartselaar. KBO
  • Start of the company according to the CBE. KBO

In short

From € 23,786 loss in 2022 to € 122,890 profit in 2025.

Paid € 35,000 in corporate taxes since 2022.

Best year ever: 2024, with € 239,635 profit.

On average € 102,200 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

Thomas KNIGHT

Director

since 2022 · until 2028

Nicholas BOL

Director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Antwerpsesteenweg 124 box 63

2630 Aartselaar

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0412.977.795
VAT number
BE 0412.977.795
Registered office
Antwerpsesteenweg 124 bus 63, 2630 Aartselaar
Names & denominations
North Sails
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 February 1973
Peppol
Not registered
Activities · NACE

Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding

Confectie van overige textielartikelen

Frequently asked questions

What does North Sails do?
North Sails is registered with the CBE as active in: Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding. Public Limited, started on 15 February 1973, 1 establishment.
What is the address of North Sails?
The registered office of North Sails is located at Antwerpsesteenweg 124 box 63, 2630 Aartselaar.
Is North Sails still active?
Yes. According to the CBE (29 October 2026) North Sails is active, legal situation “Normale toestand”, started on 15 February 1973.
Is North Sails registered on Peppol?
No, North Sails is currently not registered on the Peppol network.
What is the enterprise number of North Sails?
The enterprise number of North Sails is BE0412977795.
When was North Sails founded?
North Sails was founded on 15 February 1973.