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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KNOKKE DEVELOPMENT COMPANY from Knokke-Heist, company number BE0444355416, closed financial year 2025 with a result of € -215,236 after tax. For that financial year KNOKKE DEVELOPMENT COMPANY recorded a gross margin of € -5,314 and equity of € -1 million. Compared with financial year 2024, the result moved from € -282,793 to € -215,236. 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 August 13, 2026.
€ -1 million
▼ € 215,236 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -215,236
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2025
€ 3.4 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 7,123
▲ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,165 | € -3,630 | € -2,591 | € -5,314 | ▼ € 2,723 |
| Profit after taxes | € -136,702 | € -228,338 | € -282,793 | € -215,236 | ▲ € 67,557 |
| Equity | € -307,367 | € -535,705 | € -818,498 | € -1,033,734 | ▼ € 215,236 |
| Total debts | € 5,067,543 | € 5,290,856 | € 5,571,300 | € 5,784,227 | ▲ 4% |
| Cash | € 5 | € 1 | € 0 | - | |
| Retained profit | € -369,367 | € -597,705 | € -880,498 | € -1,095,734 | ▼ € 215,236 |
| Bank debt | € 3,033,242 | € 3,142,193 | € 3,299,245 | € 3,378,526 | ▲ 2% |
| Balance sheet total | € 4,760,176 | € 4,755,151 | € 4,752,802 | € 4,750,493 |
Key figures of KNOKKE DEVELOPMENT COMPANY, 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 KNOKKE DEVELOPMENT COMPANY?
What happened at KNOKKE DEVELOPMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mike Vandenberghe stepped down as director. NBB
- Bianca van der Drift stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 215,236. filed late Source: NBB ↗
- Bianca van der Drift became a director. NBB
- Mike Vandenberghe became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 136,702 loss in 2022 to € 215,236 loss in 2025.
Management
It owns 99.2% of Imola en Partners Immobilien and 98.1% of Antique City itself.
Directors
According to the 2025 annual accounts
Mike Vandenberghe
Managing director
Also active at: DECOCK-RE, ANTIQUE CITY, IMOLA EN PARTNERS IMMOBILIEN, ANTIQUE CAFE
since 2004 · until 2031
Bianca van der Drift
Managing director
since 2007 · until 2031
Establishments
Establishment units
Physical locations of this company
Kustlaan 138
8300 Knokke-Heist
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.355.416
- VAT number
- BE 0444.355.416
- Registered office
- Kustlaan 138, 8300 Knokke-Heist
- Names & denominations
- KNOKKE DEVELOPMENT COMPANY · KDC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 1990
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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