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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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Figures corrected NBB
Corrected annual account filed for 2024.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NORTH SEA PROPERTIES from Maaseik, company number BE0478993621, closed financial year 2025 with a result of € -5,991 after tax. For that financial year NORTH SEA PROPERTIES recorded a gross margin of € -5,465 and equity of € 202,419. Compared with financial year 2024, the result moved from € 305,313 to € -5,991. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 202,419
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,991
▼ still € 305,313 profit in 2024
Profit after tax over the fiscal year.
€ 173,703
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 182,419.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 109
Supplier invoices still open on the last day of the fiscal year.
€ 18,841
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 | € 5,344 | € 5,945 | € 390,748 | € -5,465 | ▼ € 396,212 |
| Profit after taxes | € -1,843 | € -2,632 | € 305,313 | € -5,991 | ▼ € 311,304 |
| Equity | € -94,271 | € -96,903 | € 208,410 | € 202,419 | ▼ 3% |
| Total debts | € 344,606 | € 351,498 | € 23,429 | € 18,950 | ▼ 19% |
| Cash | € 888 | € 3,032 | € 183,257 | € 173,703 | ▼ 5% |
| Land & buildings | € 206,657 | € 206,657 | - | - | |
| Retained profit | € -114,271 | € -116,903 | € 188,410 | € 182,419 | ▼ 3% |
| Balance sheet total | € 250,334 | € 254,595 | € 231,838 | € 221,369 | ▼ 5% |
Key figures of NORTH SEA PROPERTIES, 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 NORTH SEA PROPERTIES?
What happened at NORTH SEA PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,991 (▼ € 311,304 vs 2024). Source: NBB ↗
- New establishment in Maaseik. KBO
- Start of the company according to the CBE. KBO
- CHARLES ARTHUR M VAN CAUWELAERT became a director. NBB
In short
From € 1,843 loss in 2022 to € 5,991 loss in 2025.
Paid € 87,925 in corporate taxes since 2022.
Best year ever: 2024, with € 305,313 profit.
Management
Behind NORTH SEA PROPERTIES is CHARLES ARTHUR M VAN CAUWELAERT. CHARLES ARTHUR M VAN CAUWELAERT is also behind SAINT JOHNS PROPERTIES and BELFIDIVE.
Directors
According to the 2025 annual accounts
since 2002
Establishments
Establishment units
Physical locations of this company
Venlosesteenweg 19 box 2
3680 Maaseik
Venlosesteenweg 16 box 2
3680 Maaseik
Active since 11 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.993.621
- VAT number
- BE 0478.993.621
- Registered office
- Venlosesteenweg 19 bus 2, 3680 Maaseik
- Names & denominations
- NORTH SEA PROPERTIES · N.S.P.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2002
- Peppol
- Not registered