Financials
Financial year 2024
GARDEC-S.W.D. from Brugge, company number BE0436266705, closed financial year 2024 with a result of € -106,263 after tax. For that financial year GARDEC-S.W.D. recorded revenue of € 1.4 million and equity of € 12.4 million. Compared with financial year 2023, the result moved from € 11,592 to € -106,263. 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 23, 2025.
€ 12.4 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,263
▼ still € 11,592 profit in 2023
Profit after tax over the fiscal year.
€ 3 million
▼ 61% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7.9 million.
People and assets in 2024
6
▲ 4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 612,242
▲ 193% vs 2023
€ 102,000 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.
€ 1.9 million
▲ 66% vs 2023
Of which on lease € 1.8 million.
Debts at end 2024
€ 5 million
▲ 11% vs 2023
€ 701,114 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 323,358
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 86,780
▲ 61% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,073,471 | € 878,853 | € 941,350 | € 1,381,400 | ▲ 47% |
| Profit after taxes | € 33,089 | € 7,727,644 | € 11,592 | € -106,263 | ▼ € 117,855 |
| Equity | € 5,760,931 | € 12,453,043 | € 12,461,635 | € 12,352,372 | ▼ 1% |
| Total debts | € 3,653,398 | € 8,060,125 | € 7,750,661 | € 7,785,684 | |
| Cash | € 1,237,673 | € 12,595,198 | € 7,718,995 | € 3,031,432 | ▼ 61% |
| Land & buildings | € 4,653,257 | € 4,266,682 | € 4,712,997 | € 9,342,087 | ▲ 98% |
| Retained profit | € 978,631 | € 7,953,043 | € 7,961,635 | € 7,852,372 | ▼ 1% |
| Dividend | € 21,000 | € 753,233 | € 3,000 | € 3,000 | |
| Bank debt | € 2,533,005 | € 4,548,962 | € 4,456,060 | € 4,964,591 | ▲ 11% |
| Balance sheet total | € 9,414,328 | € 23,047,386 | € 22,731,314 | € 22,611,867 | ▼ 1% |
| Employees (FTE) | 0.4 | 2 | 2 | 6 | ▲ 4 |
Key figures of GARDEC-S.W.D., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GARDEC-S.W.D.?
What happened at GARDEC-S.W.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 106,263 (▼ € 117,855 vs 2023). Source: NBB ↗
- H.NCD Beheer BV became a director. NBB
- Seasite BV became a director. NBB
- Ellen D'hoedt became a director. NBB
- Jocami BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,089 profit in 2021 to € 106,263 loss in 2024.
Paid € 110,170 in corporate taxes since 2021.
Best year ever: 2022, with € 7.7 million profit.
Paid out € 780,233 in dividends to the owners in total.
Management
Behind GARDEC-S.W.D. are H.NCD Beheer BV, Seasite BV, Ellen D'hoedt and Jocami BV. The shares are held by H.NCD (100%). It owns 100% of Metallic - VdV itself.
Directors
According to the 2024 annual accounts
Managing director · represented by Hugo D'HOEDT
Also active at: WERKHUIZEN DECLOEDT, GARDEC-S.D.S., GARDEC-V.J., ZEVICO, Gardec Equipment, BRUSSELLE CARRAL MARINE, METALLIC-VdV
since 2024
Managing director · represented by Dieter D'hoedt
Also active at: GARDEC-S.D.S., GARDEC-V.J.
since 2024
since 2024
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Boomkorstraat 7-8
8380 Brugge
Zeegeulstraat 1
8380 Brugge
Active since 10 January 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
- 0436.266.705
- VAT number
- BE 0436.266.705
- Registered office
- Boomkorstraat 7-8, 8380 Brugge
- Names & denominations
- GARDEC-S.W.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1988
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Reparatie en onderhoud van civiele schepen
Bouw en reparatie van schepen