Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Shipowners Protection Fund from Antwerpen, company number BE0431032663, closed financial year 2025 with a result of € -11.8 million after tax. For that financial year Shipowners Protection Fund recorded a gross margin of € -57,399 and equity of € 37.5 million. Compared with financial year 2024, the result moved from € -239,977 to € -11.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 37.5 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11.8 million
▼ 4809 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,675
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 216,494
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -58,461 | € -57,399 | ▲ € 1,062 |
| Profit after taxes | € -239,977 | € -11,780,804 | ▼ € 11.5 million |
| Equity | € 48,521,156 | € 37,539,325 | ▼ 23% |
| Total debts | € 769,711 | € 12,719,170 | ▲ € 11.9 million |
| Cash | € 1,652,032 | € 1,568,785 | ▼ 5% |
| Retained profit | € 13,432,161 | € 1,651,357 | ▼ 88% |
| Balance sheet total | € 49,290,866 | € 50,258,495 | ▲ 2% |
Key figures of Shipowners Protection Fund, fiscal years 2024 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 Shipowners Protection Fund?
What happened at Shipowners Protection Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11.8 million. Source: NBB ↗
- Vincent Durot stepped down as director. NBB
- Marc Beerlandt stepped down as director. NBB
- Ludwig Criel stepped down as director. NBB
- Aymeric Rogge stepped down as director. NBB
- Philippe Oyen stepped down as director. NBB
- Patrick De Brabandere stepped down as director. NBB
- Vincent Durot became a director. NBB
In short
From € 239,977 loss in 2024 to € 11.8 million loss in 2025.
Paid € 429,906 in corporate taxes since 2024.
Management
Directors
According to the 2025 annual accounts
Vincent Durot
Director
Also active at: Boschmans Steinacher, A. DUROT, BOECKMANS SHIPPING, Boeckmans Ship Management, Antwerpse Scheepvaartvereniging, Koninklijke Belgische Redersvereniging-Union Royale des ARmateurs Belges, RSA INVEST, MARANTCO +4 more
since 2024 · until 2026
Marc Beerlandt
Director
Also active at: RSA INVEST, MEDITERRANEAN SHIPPING COMPANY BELGIUM, SEALINER, RSA, MB'dt Consult
since 2024 · until 2026
Ludwig Criel
Director
Also active at: Belgische Scheepvaartmaatschappij-Compagnie Maritime Belge, BRABO, HAVENLOODSEN EN BOOTLIEDEN, Koninklijke Belgische Redersvereniging-Union Royale des ARmateurs Belges, Q R S, RSA INVEST, BRABO CLEANING COMPANY, BOCIMAR INTERNATIONAL, DR. PAUL JANSSEN INTERNATIONAL +11 more
since 2022 · until 2026
since 2022 · until 2026
Philippe Oyen
Director
Also active at: Belgo Iberian Maritime, BRABO, HAVENLOODSEN EN BOOTLIEDEN, Antwerpse Scheepvaartvereniging, RSA INVEST, OSTEND MARINE SERVICES, BRABO CLEANING COMPANY, AQUA LADY, RSA +5 more
since 2022 · until 2026
Patrick De Brabandere
Director
Also active at: Belgische Scheepvaartmaatschappij-Compagnie Maritime Belge, RSA INVEST, RSA, CMB.TECH
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Ernest Van Dijckkaai 8
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Koninklijke Belgische Redersvereniging-Union Royale des ARmateurs Belges same network
€ 509,567 gross margin · 2025
CENTRUM VOOR VORMING VOOR ZEEVARENDEN - CENTRE DE FORMATION POUR MARINS
Kompensatiedienst voor Betaald Verlof der Zeelieden
RSA INVEST same network
€ 61,863 gross margin · 2025
RSA same network
€ -1.3 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.032.663
- VAT number
- BE 0431.032.663
- Registered office
- Ernest Van Dijckkaai 8, 2000 Antwerpen
- Names & denominations
- Shipowners Protection Fund · S.O.P.F.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 7 February 1986
- Peppol
- Active · Active since 1 Jan 2001