Financials
Financial year 2025
NAVITEC from Antwerpen, company number BE0418981503, closed financial year 2025 with a result of € -122,505 after tax. For that financial year NAVITEC recorded a gross margin of € 3.4 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 156,119 to € -122,505. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.
€ 1.7 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -122,505
▼ still € 156,119 profit in 2024
Profit after tax over the fiscal year.
€ 686,071
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
39.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 4% vs 2024
€ 78,400 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.
€ 610,913
▼ 21% vs 2024
Of which on lease € 52,819.
Debts at end 2025
€ 1 million
▼ 19% vs 2024
€ 118,904 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 758,569
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 423,338
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,250,618 | € 3,920,918 | € 4,410,841 | € 3,362,823 | ▼ 24% |
| Profit after taxes | € 416,775 | € 798,965 | € 156,119 | € -122,505 | ▼ € 278,624 |
| Equity | € 1,828,710 | € 2,627,674 | € 1,783,793 | € 1,661,288 | ▼ 7% |
| Total debts | € 3,688,426 | € 3,697,835 | € 3,499,671 | € 3,693,246 | ▲ 6% |
| Cash | € 1,861,827 | € 1,261,443 | € 972,326 | € 686,071 | ▼ 29% |
| Land & buildings | € 444,814 | € 364,022 | € 443,590 | € 287,053 | ▼ 35% |
| Retained profit | € 1,328,710 | € 2,127,674 | € 1,283,793 | € 1,161,288 | ▼ 10% |
| Dividend | € 350,000 | € 0 | € 1,000,000 | € 0 | ▼ 100% |
| Bank debt | € 547,023 | € 627,012 | € 1,292,425 | € 1,044,896 | ▼ 19% |
| Balance sheet total | € 5,517,136 | € 6,411,369 | € 5,333,813 | € 5,404,882 | ▲ 1% |
| Employees (FTE) | 37.3 | 35.8 | 39.2 | 39.4 | ▲ 0.2 |
Key figures of NAVITEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to NAVITEC?
What happened at NAVITEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Majo Invest BV stepped down as director. NBB
- H2O INVEST NV stepped down as director. NBB
- CAERUS BV stepped down as director. NBB
- ADFINCO BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 122,505 (▼ € 278,624 vs 2024). Source: NBB ↗
- Majo Invest BV became a director. NBB
- H2O INVEST NV became a director. NBB
- CAERUS BV became a director. NBB
In short
From € 416,775 profit in 2022 to € 122,505 loss in 2025.
Paid € 620,635 in corporate taxes since 2022.
Best year ever: 2023, with € 798,965 profit.
On average € 85,400 of value added per employee in 2025.
A new publication or filing at NAVITEC? We notify you, reason included.
Follow NAVITECDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of STERHOEK, MAJO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAVITECThe shares are held by STERHOEK (100%) and MAJO INVEST (50%). It owns 100% of GC Industries itself.
Directors
According to the 2025 annual accounts
Director · represented by Joris Van de Water
Also active at: HYE N.V., PYLONEN DE KERF, VERING SHIPPING, BREMCON, ARGEX, STERHOEK, GC Industries, H2O Invest +3 more
since 2025 · until 2030
Managing director · represented by Vernimmen Kurt
Also active at: HYE N.V., PYLONEN DE KERF, VERING SHIPPING, BREMCON, ARGEX, STERHOEK, MKMK events, GC Industries +2 more
since 2025 · until 2030
since 2025 · until 2030
Director · represented by Kristiaan Van den Houte
Also active at: PYLONEN DE KERF, VERING SHIPPING, STERHOEK, GC Industries, H2O Invest, Sterhoek Deposit Solutions, ADEQUATE SPECIAL SOIL TREATMENT, Jupstel Invest
since 2025 · until 2030
Shareholders
100%
50%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Emdenweg 11
2030 Antwerpen
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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0418.981.503
- VAT number
- BE 0418.981.503
- Registered office
- Emdenweg 11, 2030 Antwerpen
- Names & denominations
- NAVITEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1978
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- navitec.be
- Activities · NACE
Bouw van civiele schepen en drijvend materieel
Bouw en reparatie van schepen
Reparatie en onderhoud van civiele schepen
Groothandel in gereedschapswerktuigen
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen