Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -92,900
▼ 112% vs 2024
Profit
Caution€ -349,232
▲ 77% vs 2024
Debts
High€ 11.5 million
NORTH BUILDINGS from Nieuwpoort, company number BE0478049949, closed financial year 2025 with a result of € -349,232 after tax. For that financial year NORTH BUILDINGS recorded a gross margin of € -92,900 and equity of € -3 million. Compared with financial year 2024, the result moved from € -1.5 million to € -349,232. 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 February 3, 2026.
What happened at NORTH BUILDINGS?
What happened at NORTH BUILDINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 349,232. Source: NBB ↗
- Mylecke NV became a director. NBB
- SEA COAST GROUP AC BV became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 538,222 loss in 2022 to € 349,232 loss in 2025.
Paid € 1.5 million in corporate taxes since 2022.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind NORTH BUILDINGS are Mylecke NV and SEA COAST GROUP AC BV. It owns 99.7% of Vedesca and Bungobel itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Hendrik Danneels
Also active at: Life Tree Estate, Life Tree Properties, Promotion and Building Company +13 more
since 2020
Managing director · represented by Adelin Cloet
Also active at: VEDESCA, Flanders Hospitality, Promotion and Building Company +9 more
since 2020
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
VEDESCA same network
€ -387 gross margin · 2025
NORTH SEA PROPERTIES
€ -4,931 gross margin · 2025
Flanders Hospitality same network
€ 703,215 gross margin · 2025
H & D COMPANY
€ 35,414 gross margin · 2025
Promotion and Building Company same network
€ 5,924 gross margin · 2025
+15 more
Details
- Company number
- 0478.049.949
- VAT number
- BE 0478.049.949
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- NORTH BUILDINGS · N.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2002
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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