Active · per the CBE, 29 October 2026

NORTH BUILDINGS

BE0478049949

Rechtspersoon Public limited company 1 establishment

NORTH BUILDINGS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 22 July 2002, 1 establishment.

Albert I laan 98, 8620 Nieuwpoort

Behind the company: Mylecke NV, SEA COAST GROUP AC BV.

Active for

24 year, 3 months

Warning lights

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

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    20 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

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 it is worth Caution

€ -3 million

▼ € 349,232 vs 2024

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

Loss Caution

€ -349,232

▲ 77 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 143

▼ 57% 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 € -3 million.

Debts at end 2025

Bank debt

€ 149,347

▲ 2% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2,272

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -359,819 € -192,126 € 796,886 € -92,900 ▼ € 889,786
Profit after taxes € -538,222 € -398,230 € -1,520,295 € -349,232 ▲ € 1.2 million
Equity € -691,594 € -1,089,824 € -2,610,119 € -2,959,350 ▼ € 349,232
Total debts € 11,839,932 € 9,954,515 € 11,521,961 € 11,534,535
Cash € 271 € 2,139 € 336 € 143 ▼ 57%
Retained profit € -753,594 € -1,151,824 € -2,672,119 € -3,021,350 ▼ € 349,232
Bank debt € 147,530 € 122,713 € 146,762 € 149,347 ▲ 2%
Balance sheet total € 11,308,339 € 9,014,691 € 9,046,842 € 8,704,185 ▼ 4%

Key figures of NORTH BUILDINGS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.

What happened to 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.

Management

The stake of SEA COAST GROUP AC, DANRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NORTH BUILDINGS

Behind NORTH BUILDINGS are Mylecke NV and SEA COAST GROUP AC BV. The shares are held by SEA COAST GROUP AC (50%) and DANRO (49.8%). It owns 99.7% of Vedesca and Bungobel itself.

Directors

According to the 2025 annual accounts

since 2020

since 2020

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

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.

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

Handel in eigen onroerend goed

Handel in onroerend goed

Algemene bouw van residentiële gebouwen

Optrekken van andere residentiële gebouwen en van kantoorgebouwen

Bouwen van individuele huizen

Frequently asked questions

What does NORTH BUILDINGS do?
NORTH BUILDINGS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 22 July 2002, 1 establishment.
What is the address of NORTH BUILDINGS?
The registered office of NORTH BUILDINGS is located at Albert I laan 98, 8620 Nieuwpoort.
Is NORTH BUILDINGS still active?
Yes. According to the CBE (29 October 2026) NORTH BUILDINGS is active, legal situation “Normale toestand”, started on 22 July 2002.
Is NORTH BUILDINGS registered on Peppol?
Yes, NORTH BUILDINGS is registered on the Peppol network with ID 0208:0478049949.
What is the enterprise number of NORTH BUILDINGS?
The enterprise number of NORTH BUILDINGS is BE0478049949.
When was NORTH BUILDINGS founded?
NORTH BUILDINGS was founded on 22 July 2002.