What does NORTH SEA PAINTS do?

NORTH SEA PAINTS is a wholesaler in Oostende. Private Limited, started on 16 May 1990, 1 establishment.

What is the address of NORTH SEA PAINTS?

The registered office of NORTH SEA PAINTS is located at Heerweg 10, 8400 Oostende.

Is NORTH SEA PAINTS still active?

Yes. According to the CBE (30 October 2026) NORTH SEA PAINTS is active, legal situation “Normale toestand”, started on 16 May 1990.

Is NORTH SEA PAINTS registered on Peppol?

Yes, NORTH SEA PAINTS is registered on the Peppol network with ID 0208:0440519065.

What is the enterprise number of NORTH SEA PAINTS?

The enterprise number of NORTH SEA PAINTS is BE0440519065.

When was NORTH SEA PAINTS founded?

NORTH SEA PAINTS was founded on 16 May 1990.

Who are the directors of NORTH SEA PAINTS?

According to the 2025 annual accounts, the directors of NORTH SEA PAINTS are: Proventus Management & Consultancy BVBA.

Is NORTH SEA PAINTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 May 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NORTH SEA PAINTS make in 2025?

NORTH SEA PAINTS posted a profit after taxes of € 48,709 in financial year 2025.

What is the revenue of NORTH SEA PAINTS?

As a small company, NORTH SEA PAINTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 115,963.

NORTH SEA PAINTS (Private Limited) - Oostende

Dossier NORTH SEA PAINTS, printed on 30 October 2026 from databakkes.be/en/0440519065/north-sea-paints. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NORTH SEA PAINTS from Oostende, company number BE0440519065, closed financial year 2025 with a result of € 48,709 after tax. For that financial year NORTH SEA PAINTS recorded a gross margin of € 115,963 and equity of € 733,565. Compared with financial year 2024, the result moved from € 63,643 to € 48,709. 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 July 27, 2026.

What it is worth Growing

€ 733,565

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 48,709

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 135,616

▼ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 714,973.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 776

▼ 98% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,595

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 11,475 Gross margin 2022: € 11,475 First fiscal year in the series	€ 88,077 Gross margin 2023: € 88,077 ▲ € 76,601 vs 2022 (€ 11,475) Favourable step	€ 91,511 Gross margin 2024: € 91,511 ▲ 4% vs 2023 (€ 88,077) Favourable step	€ 115,963 Gross margin 2025: € 115,963 ▲ 27% vs 2024 (€ 91,511) Favourable step	▲ 27%
Profit after taxes	€ -121,749 Profit after taxes 2022: € -121,749 First fiscal year in the series	€ 27,480 Profit after taxes 2023: € 27,480 ▲ € 149,229 vs 2022 (€ -121,749) Favourable step	€ 63,643 Profit after taxes 2024: € 63,643 ▲ 132% vs 2023 (€ 27,480) Favourable step	€ 48,709 Profit after taxes 2025: € 48,709 ▼ 23% vs 2024 (€ 63,643) Unfavourable step	▼ 23%
Equity	€ 593,733 Equity 2022: € 593,733 First fiscal year in the series	€ 621,213 Equity 2023: € 621,213 ▲ 5% vs 2022 (€ 593,733) Favourable step	€ 684,856 Equity 2024: € 684,856 ▲ 10% vs 2023 (€ 621,213) Favourable step	€ 733,565 Equity 2025: € 733,565 ▲ 7% vs 2024 (€ 684,856) Favourable step	▲ 7%
Total debts	€ 240,911 Total debts 2022: € 240,911 First fiscal year in the series	€ 36,798 Total debts 2023: € 36,798 ▼ 85% vs 2022 (€ 240,911) Favourable step	€ 34,221 Total debts 2024: € 34,221 ▼ 7% vs 2023 (€ 36,798) Favourable step	€ 2,371 Total debts 2025: € 2,371 ▼ 93% vs 2024 (€ 34,221) Favourable step	▼ 93%
Cash	€ 506,490 Cash 2022: € 506,490 First fiscal year in the series	€ 215,658 Cash 2023: € 215,658 ▼ 57% vs 2022 (€ 506,490) Unfavourable step	€ 207,318 Cash 2024: € 207,318 ▼ 4% vs 2023 (€ 215,658) Unfavourable step	€ 135,616 Cash 2025: € 135,616 ▼ 35% vs 2024 (€ 207,318) Unfavourable step	▼ 35%
Land & buildings	€ 301,206 Land & buildings 2022: € 301,206 First fiscal year in the series	€ 278,200 Land & buildings 2023: € 278,200 ▼ 8% vs 2022 (€ 301,206) Unchanged	€ 257,954 Land & buildings 2024: € 257,954 ▼ 7% vs 2023 (€ 278,200) Unchanged	€ 224,583 Land & buildings 2025: € 224,583 ▼ 13% vs 2024 (€ 257,954) Unchanged	▼ 13%
Retained profit	€ 575,141 Retained profit 2022: € 575,141 First fiscal year in the series	€ 602,621 Retained profit 2023: € 602,621 ▲ 5% vs 2022 (€ 575,141) Favourable step	€ 666,264 Retained profit 2024: € 666,264 ▲ 11% vs 2023 (€ 602,621) Favourable step	€ 714,973 Retained profit 2025: € 714,973 ▲ 7% vs 2024 (€ 666,264) Favourable step	▲ 7%
Bank debt	€ 56,923 Bank debt 2022: € 56,923 First fiscal year in the series	€ 17,127 Bank debt 2023: € 17,127 ▼ 70% vs 2022 (€ 56,923) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 17,127) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 918,478 Balance sheet total 2022: € 918,478 First fiscal year in the series	€ 741,845 Balance sheet total 2023: € 741,845 ▼ 19% vs 2022 (€ 918,478) Unchanged	€ 719,077 Balance sheet total 2024: € 719,077 ▼ 3% vs 2023 (€ 741,845) Unchanged	€ 735,936 Balance sheet total 2025: € 735,936 ▲ 2% vs 2024 (€ 719,077) Unchanged	▲ 2%

Key figures of NORTH SEA PAINTS, 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 NORTH SEA PAINTS?

What happened at NORTH SEA PAINTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 48,709 (▼ 23% vs 2024). Source: NBB ↗
Jan 1, 2016 New establishment in Oostende. KBO
2007 Proventus Management & Consultancy BVBA became a director. NBB
May 16, 1990 Start of the company according to the CBE. KBO

In short

From € 121,749 loss in 2022 to € 48,709 profit in 2025.

Paid € 65,786 in corporate taxes since 2022.

Best year ever: 2024, with € 63,643 profit.

Original PDFs at the National Bank ↗

Management

PROVENTUS MANAGEMENT & CONSULTANCY 100%

The stake of PROVENTUS MANAGEMENT & CONSULTANCY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NORTH SEA PAINTS

Behind NORTH SEA PAINTS is Proventus Management & Consultancy BVBA. The shares are held by PROVENTUS MANAGEMENT & CONSULTANCY (100%).

Directors

According to the 2025 annual accounts

Proventus Management & Consultancy BVBA

Director · represented by Raphaël Theuwissen

Also active at: Advanced European Coatings, NORTH SEA PAINTS WEST-VLAANDEREN, CAPE COATING LIMBURG

since 2007

Shareholders

PROVENTUS MANAGEMENT & CONSULTANCY

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Heerweg 10

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

BTW-EENHEID NSP BELGIË

Advanced European Coatings same network

€ 808,364 gross margin · 2025

NORTH SEA PAINTS WEST-VLAANDEREN same network

€ 1.6 million gross margin · 2025

CAPE COATING LIMBURG same network

€ 323,218 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0440.519.065

VAT number

BE 0440.519.065

Registered office

Heerweg 10, 8400 Oostende

Names & denominations

NORTH SEA PAINTS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 May 1990

Peppol

Active · Active since 20 Oct 2025

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

View on CBE Public ↗ Annual accounts (NBB) ↗

NORTH SEA PAINTS

Financials

What happened to NORTH SEA PAINTS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions