Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEDESCA from Nieuwpoort, company number BE0433290189, closed financial year 2025 with a result of € -44,770 after tax. For that financial year VEDESCA recorded a gross margin of € -387 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € -43,890 to € -44,770. 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 April 17, 2026.
€ -1.8 million
▼ € 44,770 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,770
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 750
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | € -347 | € -384 | € -387 | ▼ € 3 |
| Profit after taxes | € -41,565 | € -42,852 | € -43,890 | € -44,770 | ▼ € 879 |
| Equity | € -1,714,724 | € -1,757,576 | € -1,801,466 | € -1,846,235 | ▼ € 44,770 |
| Total debts | € 1,865,669 | € 1,908,385 | € 1,952,226 | € 1,996,985 | ▲ 2% |
| Cash | € 945 | € 810 | € 760 | € 750 | ▼ 1% |
| Retained profit | € -2,129,724 | € -2,172,576 | € -2,216,466 | € -2,261,235 | ▼ € 44,770 |
| Balance sheet total | € 150,945 | € 150,810 | € 150,760 | € 150,750 |
Key figures of VEDESCA, 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 May 2027.
What happened to VEDESCA?
What happened at VEDESCA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DANRO BV stepped down as director. NBB
- SEA COAST GROUP AC BV stepped down as director. NBB
- NORTH SEA PROPERTIES NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 44,770. Source: NBB ↗
- NORTH SEA PROPERTIES NV became a director. NBB
- DANRO BV became a director. NBB
- SEA COAST GROUP AC BV became a director. NBB
- New establishment in Nieuwpoort. KBO
In short
From € 41,565 loss in 2022 to € 44,770 loss in 2025.
Management
The stake of NORTH BUILDINGS, SEA COAST GROUP AC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEDESCAThe shares are held by NORTH BUILDINGS (99.7%) and SEA COAST GROUP AC (10%).
Directors
According to the 2025 annual accounts
Director · represented by Heline Cloet
Also active at: Flanders Hospitality, MONIRO, BELGIUM FAMILY INVEST, Sea Coast Belgium Project
since 2023 · until 2029
Managing director · represented by Hendrik Danneels
since 2023 · until 2029
Managing director · represented by Adelin Cloet
Also active at: Flanders Hospitality, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL, SEA COAST HORSES, SEA COAST CONSTRUCTION, Dunehotel +4 more
since 2023 · until 2029
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →NORTH SEA PROPERTIES same network
€ -4,931 gross margin · 2025
Flanders Hospitality same network
€ 703,215 gross margin · 2025
H & D COMPANY
€ 25,331 gross margin · 2026
Promotion and Building Company same network
€ 5,924 gross margin · 2025
MONIRO same network
€ -400 gross margin · 2025
+15 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
- 0433.290.189
- VAT number
- BE 0433.290.189
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- VEDESCA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1987
- Peppol
- Active · Active since 7 Jan 2026