What does GARDEC-S.D.S. do?

GARDEC-S.D.S. is an energy company in Brugge. Public Limited, started on 14 September 1983, 1 establishment.

What is the address of GARDEC-S.D.S.?

The registered office of GARDEC-S.D.S. is located at Boomkorstraat 7-8, 8380 Brugge.

Is GARDEC-S.D.S. still active?

Yes. According to the CBE (29 October 2026) GARDEC-S.D.S. is active, legal situation “Normale toestand”, started on 14 September 1983.

Is GARDEC-S.D.S. registered on Peppol?

Yes, GARDEC-S.D.S. is registered on the Peppol network with ID 0208:0424632940.

What is the enterprise number of GARDEC-S.D.S.?

The enterprise number of GARDEC-S.D.S. is BE0424632940.

When was GARDEC-S.D.S. founded?

GARDEC-S.D.S. was founded on 14 September 1983.

Who are the directors of GARDEC-S.D.S.?

According to the 2024 annual accounts, the directors of GARDEC-S.D.S. are: H.NCD Beheer BV, Seasite BV, Ellen D'hoedt.

Is GARDEC-S.D.S. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 September 1983; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did GARDEC-S.D.S. make in 2024?

GARDEC-S.D.S. posted a profit after taxes of € 224,784 in financial year 2024.

What is the revenue of GARDEC-S.D.S.?

In its most recent annual accounts (2024), GARDEC-S.D.S. reported revenue of € 15,050,784.

How much does an employee at GARDEC-S.D.S. earn?

The average wage cost per full-time employee at GARDEC-S.D.S. was € 86,300 in 2024: staff costs of € 1.9 million for 22.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARDEC-S.D.S. have?

According to the 2024 annual accounts, GARDEC-S.D.S. has 22.2 full-time equivalents (FTE).

GARDEC-S.D.S. (Public Limited) - Brugge - BE0424632940

Dossier GARDEC-S.D.S., printed on 29 October 2026 from databakkes.be/en/0424632940/gardec-s-d-s. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

GARDEC-S.D.S. from Brugge, company number BE0424632940, closed financial year 2024 with a result of € 224,784 after tax. For that financial year GARDEC-S.D.S. recorded revenue of € 15.1 million and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 181,146 to € 224,784. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2025.

What it is worth Growing

€ 1.9 million

▲ 12% vs 2023

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

Profit Growing

€ 224,784

▲ 24% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 48,125

▼ 86% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 1.5 million.

People and assets in 2024

Full-time equivalents

22.2

▲ 0.9 vs 2023

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.6 million in 2024, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.9 million

▲ 17% vs 2023

€ 86,300 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.

Vehicles and equipment

€ 276,838

▲ 2% vs 2023

Of which on lease € 243,776.

Debts at end 2024

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 7 million

▼ 12% vs 2023

€ 528,046 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 3.2 million

▲ 66% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 105 days on average.

Taxes and wages

€ 235,100

▼ 43% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 6,684,694 Revenue 2021: € 6,684,694 First fiscal year in the series	€ 7,630,298 Revenue 2022: € 7,630,298 ▲ 14% vs 2021 (€ 6,684,694) Favourable step	€ 9,567,078 Revenue 2023: € 9,567,078 ▲ 25% vs 2022 (€ 7,630,298) Favourable step	€ 15,050,784 Revenue 2024: € 15,050,784 ▲ 57% vs 2023 (€ 9,567,078) Favourable step	▲ 57%
Profit after taxes	€ 51,186 Profit after taxes 2021: € 51,186 First fiscal year in the series	€ 95,963 Profit after taxes 2022: € 95,963 ▲ 87% vs 2021 (€ 51,186) Favourable step	€ 181,146 Profit after taxes 2023: € 181,146 ▲ 89% vs 2022 (€ 95,963) Favourable step	€ 224,784 Profit after taxes 2024: € 224,784 ▲ 24% vs 2023 (€ 181,146) Favourable step	▲ 24%
Equity	€ 1,485,675 Equity 2021: € 1,485,675 First fiscal year in the series	€ 1,563,748 Equity 2022: € 1,563,748 ▲ 5% vs 2021 (€ 1,485,675) Favourable step	€ 1,727,004 Equity 2023: € 1,727,004 ▲ 10% vs 2022 (€ 1,563,748) Favourable step	€ 1,933,898 Equity 2024: € 1,933,898 ▲ 12% vs 2023 (€ 1,727,004) Favourable step	▲ 12%
Total debts	€ 10,115,119 Total debts 2021: € 10,115,119 First fiscal year in the series	€ 9,807,732 Total debts 2022: € 9,807,732 ▼ 3% vs 2021 (€ 10,115,119) Favourable step	€ 10,278,936 Total debts 2023: € 10,278,936 ▲ 5% vs 2022 (€ 9,807,732) Unfavourable step	€ 11,605,106 Total debts 2024: € 11,605,106 ▲ 13% vs 2023 (€ 10,278,936) Unfavourable step	▲ 13%
Cash	€ 102,977 Cash 2021: € 102,977 First fiscal year in the series	€ 26,903 Cash 2022: € 26,903 ▼ 74% vs 2021 (€ 102,977) Unfavourable step	€ 346,515 Cash 2023: € 346,515 ▲ € 319,612 vs 2022 (€ 26,903) Favourable step	€ 48,125 Cash 2024: € 48,125 ▼ 86% vs 2023 (€ 346,515) Unfavourable step	▼ 86%
Land & buildings	€ 940,043 Land & buildings 2021: € 940,043 First fiscal year in the series	€ 898,427 Land & buildings 2022: € 898,427 ▼ 4% vs 2021 (€ 940,043) Unchanged	€ 837,926 Land & buildings 2023: € 837,926 ▼ 7% vs 2022 (€ 898,427) Unchanged	€ 811,632 Land & buildings 2024: € 811,632 ▼ 3% vs 2023 (€ 837,926) Unchanged	▼ 3%
Retained profit	€ 949,520 Retained profit 2021: € 949,520 First fiscal year in the series	€ 1,045,483 Retained profit 2022: € 1,045,483 ▲ 10% vs 2021 (€ 949,520) Favourable step	€ 1,226,629 Retained profit 2023: € 1,226,629 ▲ 17% vs 2022 (€ 1,045,483) Favourable step	€ 1,451,413 Retained profit 2024: € 1,451,413 ▲ 18% vs 2023 (€ 1,226,629) Favourable step	▲ 18%
Bank debt	€ 8,089,920 Bank debt 2021: € 8,089,920 First fiscal year in the series	€ 7,903,647 Bank debt 2022: € 7,903,647 ▼ 2% vs 2021 (€ 8,089,920) Favourable step	€ 7,918,990 Bank debt 2023: € 7,918,990 Unchanged (€ 7,903,647) Unfavourable step	€ 6,976,188 Bank debt 2024: € 6,976,188 ▼ 12% vs 2023 (€ 7,918,990) Favourable step	▼ 12%
Balance sheet total	€ 11,600,793 Balance sheet total 2021: € 11,600,793 First fiscal year in the series	€ 11,371,480 Balance sheet total 2022: € 11,371,480 ▼ 2% vs 2021 (€ 11,600,793) Unchanged	€ 12,005,940 Balance sheet total 2023: € 12,005,940 ▲ 6% vs 2022 (€ 11,371,480) Unchanged	€ 13,539,004 Balance sheet total 2024: € 13,539,004 ▲ 13% vs 2023 (€ 12,005,940) Unchanged	▲ 13%
Employees (FTE)	16.7 Employees (FTE) 2021: 16.7 First fiscal year in the series	17.9 Employees (FTE) 2022: 17.9 ▲ 1.2 vs 2021 (16.7) Unchanged	21.3 Employees (FTE) 2023: 21.3 ▲ 3.4 vs 2022 (17.9) Unchanged	22.2 Employees (FTE) 2024: 22.2 ▲ 0.9 vs 2023 (21.3) Unchanged	▲ 0.9

Key figures of GARDEC-S.D.S., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GARDEC-S.D.S.?

What happened at GARDEC-S.D.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 24, 2025 New annual accounts for financial year 2024: profit of € 224,784 (▲ 24% vs 2023). Source: NBB ↗
Oct 1, 1983 New establishment in Brugge. KBO
Sep 14, 1983 Start of the company according to the CBE. KBO

In short

From € 51,186 profit in 2021 to € 224,784 profit in 2024.

Paid € 218,150 in corporate taxes since 2021.

Best year ever: 2024, with € 224,784 profit.

Pays suppliers within 105 days on average.

Original PDFs at the National Bank ↗

Management

H.NCD 100%

The stake of H.NCD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GARDEC-S.D.S.

Behind GARDEC-S.D.S. are H.NCD Beheer BV, Seasite BV and Ellen D'hoedt. The shares are held by H.NCD (100%).

Directors

According to the 2024 annual accounts

H.NCD Beheer BV

Managing director · represented by Hugo D'HOEDT

Also active at: WERKHUIZEN DECLOEDT, GARDEC-V.J., GARDEC-S.W.D., ZEVICO, Gardec Equipment, BRUSSELLE CARRAL MARINE, METALLIC-VdV

Seasite BV

Managing director · represented by Dieter D'HOEDT

Also active at: GARDEC-V.J., GARDEC-S.W.D.

Ellen D'hoedt

Director

Also active at: GARDEC-V.J., GARDEC-S.W.D., H.NCD

Shareholders

H.NCD

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boomkorstraat 7-8

8380 Brugge

2.023.011.709

Boomkorstraat 7 8

8380 Brugge

Active since 1 October 1983

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

GARDEC-S.W.D. same network

€ 1.4 million revenue · 2024

Gardec Equipment same network

€ 1.3 million 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

0424.632.940

VAT number

BE 0424.632.940

Registered office

Boomkorstraat 7-8, 8380 Brugge

Names & denominations

GARDEC-S.D.S.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 September 1983

Peppol

Active · Active since 22 Sept 2025

Activities · NACE

Bouw en reparatie van schepen

Reparatie en onderhoud van civiele schepen

View on CBE Public ↗ Annual accounts (NBB) ↗

GARDEC-S.D.S.

Financials

What happened to GARDEC-S.D.S.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions