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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SEA COAST CONSTRUCTION from Nieuwpoort, company number BE0540961476, closed financial year 2025 with a result of € -22,501 after tax. For that financial year SEA COAST CONSTRUCTION recorded a gross margin of € -400 and equity of € -980,029. Compared with financial year 2024, the result moved from € -22,360 to € -22,501. 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 May 28, 2026.
€ -980,029
▼ € 22,501 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,501
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 72
▲ € 58 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 533 | € 212,027 | € -387 | € -400 | ▼ € 12 |
| Profit after taxes | € -31,951 | € 19,718 | € -22,360 | € -22,501 | ▼ € 140 |
| Equity | € -954,886 | € -935,168 | € -957,528 | € -980,029 | ▼ € 22,501 |
| Total debts | € 1,572,547 | € 949,954 | € 972,304 | € 995,022 | ▲ 2% |
| Cash | € 118 | € 25 | € 14 | € 72 | ▲ € 58 |
| Retained profit | € -1,016,886 | € -997,168 | € -1,019,528 | € -1,042,029 | ▼ € 22,501 |
| Balance sheet total | € 617,661 | € 14,786 | € 14,776 | € 14,993 | ▲ 1% |
Key figures of SEA COAST CONSTRUCTION, 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 SEA COAST CONSTRUCTION?
What happened at SEA COAST CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,501. 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 € 31,951 loss in 2022 to € 22,501 loss in 2025.
Paid € 154,123 in corporate taxes since 2022.
Best year ever: 2023, with € 19,718 profit.
Management
The stake of SEA COAST GROUP AC, MYLECKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEA COAST CONSTRUCTIONBehind SEA COAST CONSTRUCTION are Mylecke NV and Sea Coast Group AC BV. The shares are held by SEA COAST GROUP AC (50%) and MYLECKE (50%).
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, MONIRO, NORTH BUILDINGS, SEA COAST BEL, NIEUWPOORTS PARKEREN, Porta Agatha +8 more
since 2018
Managing director · represented by Adelin Cloet
Also active at: VEDESCA, Flanders Hospitality, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL, SEA COAST HORSES, Dunehotel +4 more
since 2018
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies 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
€ 25,331 gross margin · 2026
Promotion and Building Company same network
€ 5,924 gross margin · 2025
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0540.961.476
- VAT number
- BE 0540.961.476
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- SEA COAST CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2013
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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