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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BLANKENBERGE DEVELOPMENT COMPANY from Brugge, company number BE0678537566, closed financial year 2025 with a result of € -13,678 after tax. For that financial year BLANKENBERGE DEVELOPMENT COMPANY recorded a gross margin of € 30,709 and equity of € 229,075. Compared with financial year 2024, the result moved from € 49,251 to € -13,678. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 229,075
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,678
▼ still € 49,251 profit in 2024
Profit after tax over the fiscal year.
€ 5,492
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 167,575.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 70,614
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 745 | € 196,460 | € 61,138 | € 30,709 | ▼ 50% |
| Profit after taxes | € -8,370 | € 151,925 | € 49,251 | € -13,678 | ▼ € 62,929 |
| Equity | € 106,576 | € 222,501 | € 242,753 | € 229,075 | ▼ 6% |
| Total debts | € 1,585,380 | € 770,532 | € 656,097 | € 663,793 | ▲ 1% |
| Cash | € 259,946 | € 6,703 | € 5,658 | € 5,492 | ▼ 3% |
| Retained profit | € 45,076 | € 161,001 | € 181,253 | € 167,575 | ▼ 8% |
| Dividend | € 0 | € 36,000 | € 29,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,691,957 | € 993,033 | € 898,850 | € 892,868 | ▼ 1% |
Key figures of BLANKENBERGE DEVELOPMENT COMPANY, 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 BLANKENBERGE DEVELOPMENT COMPANY?
What happened at BLANKENBERGE DEVELOPMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gromabel NV stepped down as director. NBB
- Las Brisas NV stepped down as director. NBB
- ALYSEE PROJECTONTWIKKELING BV stepped down as director. NBB
- Coastal Sales Company BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 13,678 (▼ € 62,929 vs 2024). Source: NBB ↗
- Gromabel NV became a director. NBB
- Las Brisas NV became a director. NBB
- ALYSEE PROJECTONTWIKKELING BV became a director. NBB
In short
From € 8,370 loss in 2022 to € 13,678 loss in 2025.
Paid € 46,762 in corporate taxes since 2022.
Best year ever: 2023, with € 151,925 profit.
Paid out € 65,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Director · represented by Thomas Persyn
Also active at: JOYCE INVEST, Secured By Bricks, Bricks & Support, OSTEND DEVELOPMENT COMPANY, BRUSSELS DEVELOPMENT COMPANY, EXCELSIOR IC, Belgian Coast Hotels, Alysee Projectontwikkeling +2 more
since 2022 · until 2028
Director · represented by Michaël Ghyselinck
Also active at: JOYCE INVEST, Secured By Bricks, OSTEND DEVELOPMENT COMPANY
since 2022 · until 2028
Director · represented by Aline Verbeke
Also active at: Industrie hotelière et immobilière, Seagull Decor, JOYCE INVEST, ZEEZICHT, ARCHIMEDES OOSTENDE, OSTEND DEVELOPMENT COMPANY, Las Brisas, European Lease and Finance Company
since 2023 · until 2029
Managing director · represented by Joachim Debucquoy
Also active at: Kortrijkse Vinologische Club, JOYCE INVEST, ARCHIMEDES OOSTENDE, HOLIDAY SUITES INTERNATIONAL, OSTEND DEVELOPMENT COMPANY, BRUSSELS DEVELOPMENT COMPANY, EXCELSIOR IC, Las Brisas +2 more
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Monnikenwerve 17-19
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →EXPLOITATIEMAATSCHAPPIJ MO
€ 1.5 million gross margin · 2025
DORMA HUPPE
SOFIEC
JOYCE INVEST same network
€ 624,614 gross margin · 2025
LIBERAAL VERBOND VOOR ZELFSTANDIGEN - TREFPUNT BRUGGE
+23 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
- 0678.537.566
- VAT number
- BE 0678.537.566
- Registered office
- Monnikenwerve 17-19, 8000 Brugge
- Names & denominations
- BLANKENBERGE DEVELOPMENT COMPANY · BDC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2017
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van bouwarchitecten
Verhuur en exploitatie van sociale woningen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Handel in eigen onroerend goed