Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NORTH SEA AVIATION CENTER from Oostende, company number BE0544654901, closed financial year 2025 with a result of € 60,345 after tax. For that financial year NORTH SEA AVIATION CENTER recorded a gross margin of € 652,916 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 5,314 to € 60,345. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 1.1 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,345
▲ € 55,031 vs 2024
Profit after tax over the fiscal year.
€ 272,062
▲ 33% 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 € 899,099.
People and assets in 2025
8.9
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 418,181
▲ 22% vs 2024
€ 47,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,023
▲ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 98
Loans from banks and other lenders, long and short.
€ 2.9 million
▲ € 2.5 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,151
▲ € 29,879 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,893,051 | € 2,115,525 | - | |
| Gross margin | € 1,087,834 | € 826,474 | € 502,642 | € 652,916 | ▲ 30% |
| Profit after taxes | € 567,330 | € 204,764 | € 5,314 | € 60,345 | ▲ € 55,031 |
| Equity | € 828,676 | € 1,033,439 | € 1,038,754 | € 1,099,099 | ▲ 6% |
| Total debts | € 1,995,932 | € 1,543,370 | € 1,335,816 | € 4,103,800 | ▲ 207% |
| Cash | € 326,387 | € 167,661 | € 203,842 | € 272,062 | ▲ 33% |
| Land & buildings | € 2,100,328 | € 1,841,807 | € 1,450,028 | € 3,790,381 | ▲ 161% |
| Retained profit | € 628,676 | € 833,439 | € 838,754 | € 899,099 | ▲ 7% |
| Dividend | € 43,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 576,556 | € 362,697 | € 0 | € 98 | |
| Balance sheet total | € 2,824,607 | € 2,576,809 | € 2,374,570 | € 5,202,899 | ▲ 119% |
| Employees (FTE) | 4.5 | - | 7.9 | 8.9 | ▲ 1 |
Key figures of NORTH SEA AVIATION CENTER, 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 AVIATION CENTER?
What happened at NORTH SEA AVIATION CENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,345 (▲ € 55,031 vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 567,330 profit in 2022 to € 60,345 profit in 2025.
Paid € 316,984 in corporate taxes since 2022.
Best year ever: 2022, with € 567,330 profit.
On average € 73,400 of value added per employee in 2025.
A new publication or filing at NORTH SEA AVIATION CENTER? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind NORTH SEA AVIATION CENTER are EV Corporation BV, SUPAIR BV and Jelle De Kinder.
Directors
According to the 2025 annual accounts
Director · represented by Erik Vermeersh
Director · represented by Jozef De Kinder
Jelle De Kinder
Director
Establishments
Establishment units
Physical locations of this company
Nieuwpoortsesteenweg 887 box 63
8400 Oostende
Nieuwpoortsesteenweg 943
8400 Oostende
Active since 22 January 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →BELAIR
€ 580,098 gross margin · 2025
GROW BENELUX
REGIONAAL PLATFORM LUCHTHAVEN OOSTENDE
ADOCA
LEM OOSTENDE - BRUGGE
€ 8.9 million revenue · 2025
+6 more
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
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
nsac.aero
Registered
2017-06-20
Registrar
Key-Systems GmbH
Expires
2026-06-20
Website info
Features
Security
Details
- Company number
- 0544.654.901
- VAT number
- BE 0544.654.901
- Registered office
- Nieuwpoortsesteenweg 887 bus 63, 8400 Oostende
- Names & denominations
- NORTH SEA AVIATION CENTER · NSAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2014
- Peppol
- Active · Active since 30 Jan 2025
- Contact
- nsac.aero
- Activities · NACE
Diensten in verband met de luchtvaart
Vlieg- en vaaronderricht
Personenvervoer door de lucht
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Goederenvervoer door de lucht
Computerconsultancy-activiteiten