What does COAST HOUSE do?

COAST HOUSE is a property company in Aalst. Public Limited, started on 29 September 1993, 1 establishment.

What is the address of COAST HOUSE?

The registered office of COAST HOUSE is located at Hof Somergem 55, 9320 Aalst.

Is COAST HOUSE still active?

Yes. According to the CBE (29 October 2026) COAST HOUSE is active, legal situation “Normale toestand”, started on 29 September 1993.

Is COAST HOUSE registered on Peppol?

Yes, COAST HOUSE is registered on the Peppol network with ID 0208:0451009121.

What is the enterprise number of COAST HOUSE?

The enterprise number of COAST HOUSE is BE0451009121.

When was COAST HOUSE founded?

COAST HOUSE was founded on 29 September 1993.

Who are the directors of COAST HOUSE?

According to the 2025 annual accounts, the directors of COAST HOUSE are: Louise Penne, Frans Penne, Emiel Penne, Ann D'Haens.

Is COAST HOUSE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 September 1993; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did COAST HOUSE make in 2025?

COAST HOUSE recorded a loss after taxes of € 17,625 in financial year 2025.

What is the revenue of COAST HOUSE?

As a small company, COAST HOUSE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -15,361.

How many employees does COAST HOUSE have?

According to the 2025 annual accounts, COAST HOUSE has 0 full-time equivalents (FTE).

COAST HOUSE (Public Limited) - Aalst - BE0451009121

Dossier COAST HOUSE, printed on 29 October 2026 from databakkes.be/en/0451009121/coast-house. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COAST HOUSE from Aalst, company number BE0451009121, closed financial year 2025 with a result of € -17,625 after tax. For that financial year COAST HOUSE recorded a gross margin of € -15,361 and equity of € 27,472. Compared with financial year 2024, the result moved from € -22,553 to € -17,625. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Healthy

€ 27,472

▼ 39% vs 2024

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

Loss Caution

€ -17,625

▲ 22 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,646

▼ 98% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -34,028.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt

None

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 5,520,298 Gross margin 2022: € 5,520,298 First fiscal year in the series	€ 300,906 Gross margin 2023: € 300,906 ▼ 95% vs 2022 (€ 5,520,298) Unfavourable step	€ -22,304 Gross margin 2024: € -22,304 ▼ € 323,210 vs 2023 (€ 300,906) Unfavourable step	€ -15,361 Gross margin 2025: € -15,361 ▲ € 6,943 vs 2024 (€ -22,304) Favourable step	▲ € 6,943
Profit after taxes	€ 4,000,515 Profit after taxes 2022: € 4,000,515 First fiscal year in the series	€ 193,130 Profit after taxes 2023: € 193,130 ▼ 95% vs 2022 (€ 4,000,515) Unfavourable step	€ -22,553 Profit after taxes 2024: € -22,553 ▼ € 215,683 vs 2023 (€ 193,130) Unfavourable step	€ -17,625 Profit after taxes 2025: € -17,625 ▲ € 4,928 vs 2024 (€ -22,553) Favourable step	▲ € 4,928
Equity	€ 67,650 Equity 2022: € 67,650 First fiscal year in the series	€ 67,650 Equity 2023: € 67,650 Unchanged (€ 67,650) Unchanged	€ 45,097 Equity 2024: € 45,097 ▼ 33% vs 2023 (€ 67,650) Unfavourable step	€ 27,472 Equity 2025: € 27,472 ▼ 39% vs 2024 (€ 45,097) Unfavourable step	▼ 39%
Total debts	€ 8,184,889 Total debts 2022: € 8,184,889 First fiscal year in the series	€ 1,923,026 Total debts 2023: € 1,923,026 ▼ 77% vs 2022 (€ 8,184,889) Favourable step	€ 1,922,002 Total debts 2024: € 1,922,002 Unchanged (€ 1,923,026) Favourable step	€ 1,871,303 Total debts 2025: € 1,871,303 ▼ 3% vs 2024 (€ 1,922,002) Favourable step	▼ 3%
Cash	€ 1,692,821 Cash 2022: € 1,692,821 First fiscal year in the series	€ 698,964 Cash 2023: € 698,964 ▼ 59% vs 2022 (€ 1,692,821) Unfavourable step	€ 681,461 Cash 2024: € 681,461 ▼ 3% vs 2023 (€ 698,964) Unfavourable step	€ 13,646 Cash 2025: € 13,646 ▼ 98% vs 2024 (€ 681,461) Unfavourable step	▼ 98%
Retained profit	€ 6,150 Retained profit 2022: € 6,150 First fiscal year in the series	€ 6,150 Retained profit 2023: € 6,150 Unchanged (€ 6,150) Unchanged	€ -16,403 Retained profit 2024: € -16,403 ▼ € 22,553 vs 2023 (€ 6,150) Unfavourable step	€ -34,028 Retained profit 2025: € -34,028 ▼ € 17,625 vs 2024 (€ -16,403) Unfavourable step	▼ € 17,625
Dividend	€ 4,000,515 Dividend 2022: € 4,000,515 First fiscal year in the series	€ 193,130 Dividend 2023: € 193,130 ▼ 95% vs 2022 (€ 4,000,515) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 193,130) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,775,000 Bank debt 2022: € 2,775,000 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 2,775,000) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 8,252,539 Balance sheet total 2022: € 8,252,539 First fiscal year in the series	€ 1,990,676 Balance sheet total 2023: € 1,990,676 ▼ 76% vs 2022 (€ 8,252,539) Unchanged	€ 1,967,099 Balance sheet total 2024: € 1,967,099 ▼ 1% vs 2023 (€ 1,990,676) Unchanged	€ 1,898,775 Balance sheet total 2025: € 1,898,775 ▼ 3% vs 2024 (€ 1,967,099) Unchanged	▼ 3%

Key figures of COAST HOUSE, 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 COAST HOUSE?

What happened at COAST HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Louise Penne stepped down as director. NBB
2029 Frans Penne stepped down as director. NBB
2029 Emiel Penne stepped down as director. NBB
2029 Ann D'Haens stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: loss of € 17,625. Source: NBB ↗
2023 Louise Penne became a director. NBB
2023 Frans Penne became a director. NBB
2023 Emiel Penne became a director. NBB

In short

From € 4 million profit in 2022 to € 17,625 loss in 2025.

Paid € 1.5 million in corporate taxes since 2022.

Best year ever: 2022, with € 4 million profit.

Paid out € 4.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Frans Penne Management 100%

FRANS PENNE INVEST 100%

The stake of FRANS PENNE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COAST HOUSE

The shares are held by Frans Penne Management (100%) and FRANS PENNE INVEST (100%).

Directors

According to the 2025 annual accounts

Louise Penne

Director

Also active at: DIPINTO

since 2023 · until 2029

Frans Penne

Managing director

Owns 100% via Frans Penne Management

Also active at: FRANS PENNE MANAGEMENT

since 2023 · until 2029

Emiel Penne

Managing director

Also active at: FRANS PENNE MANAGEMENT, Emax

since 2023 · until 2029

Ann D'Haens

Director

since 2023 · until 2029

Shareholders

Frans Penne Management · holding of Frans Penne

100%

FRANS PENNE INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Hof Somergem 55

9320 Aalst

2.064.125.356

Kustlaan 113

8300 Knokke-Heist

Active since 27 October 1993

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

FRANS PENNE MANAGEMENT same network

€ 593,674 gross margin · 2025

PENNE BUILDING INVEST

€ -181,226 gross margin · 2025

Penne Groep

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

Details

Company number: 0451.009.121
VAT number: BE 0451.009.121
Registered office: Hof Somergem 55, 9320 Aalst
Names & denominations: COAST HOUSE
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 29 September 1993
Peppol: Active · Active since 20 Nov 2020
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

COAST HOUSE

Warning lights

Financials

What happened to COAST HOUSE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions