Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DEGROOTE HARBOUR CONSTRUCT from Oostende, company number BE0459985183, closed financial year 2025 with a result of € 827,420 after tax. For that financial year DEGROOTE HARBOUR CONSTRUCT recorded revenue of € 25.4 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 422,117 to € 827,420. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 7.3 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 827,420
▲ 96% vs 2024
Profit after tax over the fiscal year.
€ 234,745
▼ 53% 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 € 7.3 million.
People and assets in 2025
3.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 367,976
▼ 12% vs 2024
€ 118,700 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.
€ 145,517
▲ 211% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.1 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 234 days on average.
€ 749,939
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,288,834 | € 22,245,700 | € 19,572,580 | € 25,405,244 | ▲ 30% |
| Profit after taxes | € 3,175,882 | € 4,781,189 | € 422,117 | € 827,420 | ▲ 96% |
| Equity | € 1,488,055 | € 6,181,756 | € 6,538,791 | € 7,337,236 | ▲ 12% |
| Total debts | € 12,614,045 | € 13,438,976 | € 21,374,244 | € 21,484,206 | ▲ 1% |
| Cash | € 251,270 | € 1,427,644 | € 502,582 | € 234,745 | ▼ 53% |
| Land & buildings | - | - | - | € 1,749,852 | |
| Retained profit | € 1,404,972 | € 6,098,673 | € 6,455,708 | € 7,254,153 | ▲ 12% |
| Balance sheet total | € 14,102,100 | € 19,620,732 | € 27,913,035 | € 28,821,442 | ▲ 3% |
| Employees (FTE) | 2 | 2.3 | 3 | 3.1 | ▲ 0.1 |
Key figures of DEGROOTE HARBOUR CONSTRUCT, 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 DEGROOTE HARBOUR CONSTRUCT?
What happened at DEGROOTE HARBOUR CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- D4 CONSULTING BV stepped down as director. NBB
- VASTGOEDGROEP DEGROOTE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 827,420 (▲ 96% vs 2024). Source: NBB ↗
- D4 CONSULTING BV became a director. NBB
- VASTGOEDGROEP DEGROOTE BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million profit in 2022 to € 827,420 profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.8 million profit.
Management
The stake of VASTGOEDGROEP DEGROOTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEGROOTE HARBOUR CONSTRUCTThe shares are held by VASTGOEDGROEP DEGROOTE (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by David Degroote
Also active at: Degroote Real Estate Construct, VASTGOEDGROEP DEGROOTE, ACADEMIE REAL ESTATE, MOULIN 17
since 2021 · until 2027
Managing director · represented by Jan Degroote
Also active at: DEGROOTE REAL ESTATE DEVELOPMENT, DEGROOTE HARBOUR DEVELOPMENT, Degroote Real Estate Construct, Investments Degroote, SKY PARKING REAL ESTATE, SKY BAR REAL ESTATE, SKY HOTEL REAL ESTATE, FLOORMASTERS +3 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopold III-laan 1
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →DEGROOTE REAL ESTATE DEVELOPMENT same network
€ 37.9 million revenue · 2025
DEGROOTE HARBOUR DEVELOPMENT same network
€ 9.9 million revenue · 2025
Degroote Real Estate Construct same network
€ 28.4 million revenue · 2025
Investments Degroote same network
€ 1 million revenue · 2025
VASTGOEDGROEP DEGROOTE same network
€ 4.9 million revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.985.183
- VAT number
- BE 0459.985.183
- Registered office
- Leopold III-laan 1, 8400 Oostende
- Names & denominations
- DEGROOTE HARBOUR CONSTRUCT · DHC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 1997
- Peppol
- Active · Active since 27 Aug 2025
- Contact
- vastgoed-degroote.be
- Activities · NACE
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