Financials
Financial year 2025
SHIPYARD LOWYCK from Oostende, company number BE0474962874, closed financial year 2025 with a result of € 8,506 after tax. For that financial year SHIPYARD LOWYCK recorded a gross margin of € 187,049 and equity of € 286,894. Compared with financial year 2024, the result moved from € 48,899 to € 8,506. 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 June 19, 2026.
€ 286,894
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,506
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 92,909
▲ 152% 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 € 211,894.
People and assets in 2025
€ 104,601
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,133
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 308,564
▼ 12% vs 2024
€ 52,146 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 56,910
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,787
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 288,874 | € 275,926 | € 233,866 | € 187,049 | ▼ 20% |
| Profit after taxes | € 26,022 | € 10,748 | € 48,899 | € 8,506 | ▼ 83% |
| Equity | € 218,741 | € 229,489 | € 278,388 | € 286,894 | ▲ 3% |
| Total debts | € 557,107 | € 476,301 | € 438,996 | € 400,838 | ▼ 9% |
| Cash | € 122,438 | € 41,037 | € 36,896 | € 92,909 | ▲ 152% |
| Land & buildings | € 62,955 | € 54,751 | € 44,434 | € 34,442 | ▼ 22% |
| Retained profit | € 143,741 | € 154,489 | € 203,388 | € 211,894 | ▲ 4% |
| Bank debt | € 400,431 | € 394,566 | € 350,161 | € 308,564 | ▼ 12% |
| Balance sheet total | € 775,847 | € 705,790 | € 717,384 | € 687,732 | ▼ 4% |
| Employees (FTE) | 3.2 | 3 | - | - |
Key figures of SHIPYARD LOWYCK, 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 SHIPYARD LOWYCK?
What happened at SHIPYARD LOWYCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- 4 K's BV stepped down as director. NBB
- Mieke Sabbe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8,506 (▼ 83% vs 2024). Source: NBB ↗
- 4 K's BV became a director. NBB
- Mieke Sabbe became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,022 profit in 2022 to € 8,506 profit in 2025.
Paid € 27,272 in corporate taxes since 2022.
Best year ever: 2024, with € 48,899 profit.
On average € 92,000 of value added per employee in 2023.
Management
The stake of 4 K's comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SHIPYARD LOWYCKThe shares are held by 4 K's (49.1%).
Directors
According to the 2025 annual accounts
Associate · represented by Hans Keters
since 2025 · until 2031
since 2025 · until 2031
Shareholders
49.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwewerfkaai 5
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Domain
Domain
shipyard-lowyck.be
Registered
2001-05-02
Website info
Features
Security
Network
Details
- Company number
- 0474.962.874
- VAT number
- BE 0474.962.874
- Registered office
- Nieuwewerfkaai 5, 8400 Oostende
- Names & denominations
- SHIPYARD LOWYCK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2001
- Peppol
- Active · Active since 29 Jan 2024
- Contact
- shipyard-lowyck.be
- Activities · NACE
Reparatie en onderhoud van civiele schepen
Bouw en reparatie van schepen
Managementactiviteiten van holdings
Handel in onroerend goed
Activiteiten van holdings
Handel in eigen onroerend goed
Bouw van civiele schepen en drijvend materieel
Holdings