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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SEASITE from Brugge, company number BE0463717705, closed financial year 2025 with a result of € 9,386 after tax. For that financial year SEASITE recorded a gross margin of € 62,728 and equity of € 159,641. Compared with financial year 2024, the result moved from € 9,305 to € 9,386. Profitable, and profit is growing. 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 3, 2026.
€ 159,641
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,386
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 19,748
▲ 222% 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 € 134,641.
People and assets in 2025
€ 38,534
▼ 19% vs 2024
Of which on lease € 35,826.
Debts at end 2025
€ 228,930
▼ 13% vs 2024
€ 36,909 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,819
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,689
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,290 | € 65,031 | € 56,193 | € 62,728 | ▲ 12% |
| Profit after taxes | € 11,080 | € 26,575 | € 9,305 | € 9,386 | ▲ 1% |
| Equity | € 144,375 | € 150,950 | € 150,255 | € 159,641 | ▲ 6% |
| Total debts | € 165,587 | € 299,346 | € 310,615 | € 258,118 | ▼ 17% |
| Cash | € 17,665 | € 6,502 | € 6,124 | € 19,748 | ▲ 222% |
| Land & buildings | € 280,534 | € 402,692 | € 381,404 | € 358,434 | ▼ 6% |
| Retained profit | € 119,375 | € 125,950 | € 125,255 | € 134,641 | ▲ 7% |
| Dividend | € 0 | € 20,000 | € 10,000 | € 0 | ▼ 100% |
| Bank debt | € 151,431 | € 244,086 | € 264,278 | € 228,930 | ▼ 13% |
| Balance sheet total | € 309,962 | € 450,297 | € 460,871 | € 417,759 | ▼ 9% |
Key figures of SEASITE, 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 SEASITE?
What happened at SEASITE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,386 (▲ 1% vs 2024). Source: NBB ↗
- Dieter D'hoedt became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,080 profit in 2022 to € 9,386 profit in 2025.
Paid € 19,782 in corporate taxes since 2022.
Best year ever: 2023, with € 26,575 profit.
Paid out € 30,000 in dividends to the owners in total.
Management
Behind SEASITE is Dieter D'hoedt. Dieter D'hoedt is also behind GARDEC-S.D.S., GARDEC-V.J., GARDEC-S.W.D. and H.NCD.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
't Veld 18
8310 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.717.705
- VAT number
- BE 0463.717.705
- Registered office
- 't Veld 18, 8310 Brugge
- Names & denominations
- SEASITE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1998
- Peppol
- Active · Active since 5 Jun 2026
- Activities · NACE
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