Financials
Financial year 2024
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -465,348
▼ 78% vs 2023
Profit
Caution€ -494,484
▼ 55% vs 2023
Debts
Low€ 2.1 million
▲ 11% vs 2023
IMMOBILIERE NORTH SEA PROPERTIES from Ieper, company number BE0432888432, closed financial year 2024 with a result of € -494,484 after tax. For that financial year IMMOBILIERE NORTH SEA PROPERTIES recorded a gross margin of € -465,348 and equity of € 4.1 million. Compared with financial year 2023, the result moved from € -319,842 to € -494,484. 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 16, 2025.
What happened at IMMOBILIERE NORTH SEA PROPERTIES?
What happened at IMMOBILIERE NORTH SEA PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Gheysens stepped down as director. NBB
- Passionata BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 494,484. Source: NBB ↗
- Michael Gheysens stepped down as director. NBB
- Paul Gheysens became a director. NBB
- Michael Gheysens became a director. NBB
- Passionata BV became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 121,485 loss in 2021 to € 494,484 loss in 2024.
Paid € 595,447 in corporate taxes since 2021.
Best year ever: 2022, with € 1.1 million profit.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Directors
According to the 2024 annual accounts
Paul Gheysens
Chairman of the board
Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO +78 more
since 2023 · until 2029
Michael Gheysens
Director
Also active at: DOCK-SITE, Royal Antwerp Football club, R.H.R. - INDUSTRIES +76 more
since 2023 · until 2025
Managing director · represented by Ria Vandoorne
Also active at: PRODIP, ELZENWALLE, ZOUTEWIND +7 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Zoutelaan 282
8300 Knokke-Heist
Active since 18 June 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
R.H.R. - INDUSTRIES same network
€ 272,092 gross margin · 2024
GARAGE S.O.S. same network
€ -10,621 gross margin · 2024
GHELAMCO same network
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
+75 more
Details
- Company number
- 0432.888.432
- VAT number
- BE 0432.888.432
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- IMMOBILIERE NORTH SEA PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1987
- Peppol
- Not registered