Financials
Financial year 2025
NEPTUNE from Middelkerke, company number BE0435609479, closed financial year 2025 with a result of € 48,052 after tax. For that financial year NEPTUNE recorded a gross margin of € 442,736 and equity of € 5 million. Compared with financial year 2024, the result moved from € 1.4 million to € 48,052. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,052
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 452,622
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.9 million.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 12,243
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,759
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 12% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 124,108
▲ € 95,406 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,343
▼ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 500,996 | € 679,854 | € 571,206 | € 442,736 | ▼ 22% |
| Profit after taxes | € 2,270,728 | € 437,848 | € 1,376,064 | € 48,052 | ▼ 97% |
| Equity | € 3,889,452 | € 3,897,301 | € 4,923,365 | € 4,971,416 | ▲ 1% |
| Total debts | € 785,372 | € 1,955,654 | € 1,654,704 | € 2,005,404 | ▲ 21% |
| Cash | € 218,799 | € 640,311 | € 1,077,720 | € 452,622 | ▼ 58% |
| Land & buildings | € 3,117,123 | € 3,253,017 | € 3,178,553 | € 3,109,688 | ▼ 2% |
| Retained profit | € 2,799,352 | € 2,807,201 | € 3,833,265 | € 3,881,316 | ▲ 1% |
| Dividend | € 0 | € 430,000 | € 350,000 | € 0 | ▼ 100% |
| Bank debt | € 176,123 | € 643,232 | € 1,112,265 | € 1,242,006 | ▲ 12% |
| Balance sheet total | € 4,674,824 | € 5,852,954 | € 6,578,068 | € 6,976,821 | ▲ 6% |
| Employees (FTE) | - | - | - | 0.3 |
Key figures of NEPTUNE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NEPTUNE?
What happened at NEPTUNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,052 (▼ 97% vs 2024). Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.3 million profit in 2022 to € 48,052 profit in 2025.
Paid € 444,604 in corporate taxes since 2022.
Best year ever: 2022, with € 2.3 million profit.
Paid out € 780,000 in dividends to the owners in total.
Management
The stake of DAM-APT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEPTUNEBehind NEPTUNE are Hendrik De Keukeleire and Kathleen Bauwens. The shares are held by DAM-APT (1%). It owns 99.9% of APT International, 99.9% of Dam Construct, 99% of De Colle Vastgoed and 50% of De Goaverse Statie itself.
Directors
According to the 2025 annual accounts
Hendrik De Keukeleire
Director
Also active at: DAM-APT, SARANTA, ALL PRODUCTS TRANSACT, DE KORTRIJKSE TOREN, Demote Vastgoed, INSAREC
Kathleen Bauwens
Director
Also active at: DAM-APT, ALL PRODUCTS TRANSACT, DE KORTRIJKSE TOREN, International Machinery Trade, De Colle Vastgoed, BK CONSULTING
Shareholders
1%
Participations
Establishments
Establishment units
Physical locations of this company
Priorijlaan 1
8434 Middelkerke
De Tonne 73
9800 Deinze
Active since 4 July 1989
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.609.479
- VAT number
- BE 0435.609.479
- Registered office
- Priorijlaan 1, 8434 Middelkerke
- Names & denominations
- NEPTUNE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1988
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
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