What is the address of NAVECO?

The registered office of NAVECO is located at Torhoutsesteenweg 219, 8400 Oostende.

Is NAVECO still active?

Yes. According to the CBE (29 October 2026) NAVECO is active, legal situation “Normale toestand”, started on 27 March 1981.

Is NAVECO registered on Peppol?

No, NAVECO is currently not registered on the Peppol network.

What is the enterprise number of NAVECO?

The enterprise number of NAVECO is BE0421564077.

When was NAVECO founded?

NAVECO was founded on 27 March 1981.

Who are the directors of NAVECO?

According to the 2025 annual accounts, the directors of NAVECO are: Charles Rupert Russell-Smith, Michael Brocx.

Is NAVECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 1981; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did NAVECO make in 2025?

NAVECO posted a profit after taxes of € 2,024 in financial year 2025.

What is the revenue of NAVECO?

As a small company, NAVECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,033.

NAVECO (Public Limited) - Oostende - BE0421564077

Dossier NAVECO, printed on 29 October 2026 from databakkes.be/en/0421564077/naveco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 0 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

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

Financials

Financial year 2025

NAVECO from Oostende, company number BE0421564077, closed financial year 2025 with a result of € 2,024 after tax. For that financial year NAVECO recorded a gross margin of € 2,033 and equity of € -23,092. Compared with financial year 2024, the result moved from € 1,752 to € 2,024. Profitable, and profit is growing. 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 August 17, 2026.

What it is worth Caution

€ -23,092

▲ € 2,024 vs 2024

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

Profit Growing

€ 2,024

▲ 16% 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 € -180,592.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 3,634

▲ 85% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,172 Gross margin 2022: € 2,172 First fiscal year in the series	€ 1,620 Gross margin 2023: € 1,620 ▼ 25% vs 2022 (€ 2,172) Unfavourable step	€ 1,888 Gross margin 2024: € 1,888 ▲ 17% vs 2023 (€ 1,620) Favourable step	€ 2,033 Gross margin 2025: € 2,033 ▲ 8% vs 2024 (€ 1,888) Favourable step	▲ 8%
Profit after taxes	€ 2,037 Profit after taxes 2022: € 2,037 First fiscal year in the series	€ 1,508 Profit after taxes 2023: € 1,508 ▼ 26% vs 2022 (€ 2,037) Unfavourable step	€ 1,752 Profit after taxes 2024: € 1,752 ▲ 16% vs 2023 (€ 1,508) Favourable step	€ 2,024 Profit after taxes 2025: € 2,024 ▲ 16% vs 2024 (€ 1,752) Favourable step	▲ 16%
Equity	€ -28,376 Equity 2022: € -28,376 First fiscal year in the series	€ -26,868 Equity 2023: € -26,868 ▲ € 1,508 vs 2022 (€ -28,376) Favourable step	€ -25,116 Equity 2024: € -25,116 ▲ € 1,752 vs 2023 (€ -26,868) Favourable step	€ -23,092 Equity 2025: € -23,092 ▲ € 2,024 vs 2024 (€ -25,116) Favourable step	▲ € 2,024
Total debts	€ 36,666 Total debts 2022: € 36,666 First fiscal year in the series	€ 35,965 Total debts 2023: € 35,965 ▼ 2% vs 2022 (€ 36,666) Favourable step	€ 25,116 Total debts 2024: € 25,116 ▼ 30% vs 2023 (€ 35,965) Favourable step	€ 23,092 Total debts 2025: € 23,092 ▼ 8% vs 2024 (€ 25,116) Favourable step	▼ 8%
Retained profit	€ -185,876 Retained profit 2022: € -185,876 First fiscal year in the series	€ -184,368 Retained profit 2023: € -184,368 ▲ € 1,508 vs 2022 (€ -185,876) Favourable step	€ -182,616 Retained profit 2024: € -182,616 ▲ € 1,752 vs 2023 (€ -184,368) Favourable step	€ -180,592 Retained profit 2025: € -180,592 ▲ € 2,024 vs 2024 (€ -182,616) Favourable step	▲ € 2,024
Balance sheet total	€ 8,289 Balance sheet total 2022: € 8,289 First fiscal year in the series	€ 9,097 Balance sheet total 2023: € 9,097 ▲ 10% vs 2022 (€ 8,289) Unchanged	€ 0 Balance sheet total 2024: € 0 ▼ 100% vs 2023 (€ 9,097) Unchanged	€ 0 Balance sheet total 2025: € 0 Unchanged (€ 0) Unchanged

Key figures of NAVECO, 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 NAVECO?

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

Aug 17, 2026 New annual accounts for financial year 2025: profit of € 2,024 (▲ 16% vs 2024). filed late Source: NBB ↗
Nov 13, 2001 New establishment in Oostende. KBO
Mar 27, 1981 Start of the company according to the CBE. KBO

In short

From € 2,037 profit in 2022 to € 2,024 profit in 2025.

Best year ever: 2022, with € 2,037 profit.

Original PDFs at the National Bank ↗

Management

Charles Rupert Russell-Smith Michael Brocx

NAVECO

Behind NAVECO are Charles Rupert Russell-Smith and Michael Brocx.

Directors

According to the 2025 annual accounts

Charles Rupert Russell-Smith

Director

Michael Brocx

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Torhoutsesteenweg 219

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

FED. HO.RE.CA. MIDDENKUST

Ostend Data

€ 43,707 gross margin · 2025

OSTEND DATA - Fiduciaire

€ 246,730 gross margin · 2025

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

Details

Company number: 0421.564.077
VAT number: BE 0421.564.077
Registered office: Torhoutsesteenweg 219, 8400 Oostende
Names & denominations: NAVECO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 27 March 1981
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗