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 2 of the last 4 fiscal years.
-
Shrinking team NBB
FTE fell two years in a row, from 10.3 to 3.8.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
FINEST SEAFOOD from Oostende, company number BE0432863884, closed financial year 2025 with a result of € -93,103 after tax. For that financial year FINEST SEAFOOD recorded a gross margin of € 263,906 and equity of € -59,951. Compared with financial year 2024, the result moved from € 4,517 to € -93,103. The company made a loss. 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 July 30, 2026.
€ -59,951
▼ € 93,103 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -93,103
▼ still € 4,517 profit in 2024
Profit after tax over the fiscal year.
€ 23,803
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -111,569.
People and assets in 2025
3.8
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 269,729
▼ 22% vs 2024
€ 71,000 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.
€ 23,349
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 403,644
▼ 21% vs 2024
€ 91,051 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 554,199
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,428
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 496,900 | € 705,027 | € 472,453 | € 263,906 | ▼ 44% |
| Profit after taxes | € -123,495 | € 54,443 | € 4,517 | € -93,103 | ▼ € 97,620 |
| Equity | € -25,809 | € 28,634 | € 33,151 | € -59,951 | ▼ € 93,103 |
| Total debts | € 1,337,737 | € 1,155,178 | € 1,161,707 | € 1,015,003 | ▼ 13% |
| Cash | € 41,425 | € 67,077 | € 79,796 | € 23,803 | ▼ 70% |
| Land & buildings | € 184,055 | € 164,378 | € 144,177 | € 124,118 | ▼ 14% |
| Retained profit | € -77,426 | € -22,984 | € -18,467 | € -111,569 | ▼ € 93,103 |
| Bank debt | € 434,152 | € 450,327 | € 507,948 | € 403,644 | ▼ 21% |
| Balance sheet total | € 1,311,929 | € 1,183,812 | € 1,194,858 | € 955,051 | ▼ 20% |
| Employees (FTE) | 14.1 | 10.3 | 5.3 | 3.8 | ▼ 1.5 |
Key figures of FINEST SEAFOOD, 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 FINEST SEAFOOD?
What happened at FINEST SEAFOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 93,103 (▼ € 97,620 vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 123,495 loss in 2022 to € 93,103 loss in 2025.
Paid € 675 in corporate taxes since 2022.
Best year ever: 2023, with € 54,443 profit.
On average € 69,400 of value added per employee in 2025.
Management
The stake of Finest Quality Seafood comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FINEST SEAFOODBehind FINEST SEAFOOD is FINEST QUALITY SEAFOOD BV. The shares are held by Finest Quality Seafood (100%).
Directors
According to the 2025 annual accounts
Director · represented by Joerie Verbiest
Also active at: SALTY JOHN, KUNA FISH
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ankerstraat 30
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.863.884
- VAT number
- BE 0432.863.884
- Registered office
- Ankerstraat 30, 8400 Oostende
- Names & denominations
- FINEST SEAFOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1987
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Groothandel in vis, schaal- en schelpdieren
Groothandel in vis en schaal- en weekdieren
Detailhandel in vis en schaal- en weekdieren