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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Build@Sea from Blankenberge, company number BE0691913767, closed financial year 2025 with a result of € 7,627 after tax. For that financial year Build@Sea recorded a gross margin of € 48,418 and equity of € 313,753. Compared with financial year 2024, the result moved from € 24,232 to € 7,627. The company is profitable. 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 10, 2026.
€ 313,753
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,627
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 138,904
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 74,205 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 21,878
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 90,922
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,703
▼ 32% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 293,730 | € 188,156 | € 97,527 | € 48,418 | ▼ 50% |
| Profit after taxes | € 202,492 | € 136,502 | € 24,232 | € 7,627 | ▼ 69% |
| Equity | € 440,495 | € 452,895 | € 380,332 | € 313,753 | ▼ 18% |
| Total debts | € 268,514 | € 872,408 | € 458,992 | € 281,868 | ▼ 39% |
| Cash | € 659,549 | € 83,665 | € 133,840 | € 138,904 | ▲ 4% |
| Retained profit | € 434,295 | € 434,295 | € 361,732 | € 295,153 | ▼ 18% |
| Dividend | € 0 | € 136,502 | € 96,795 | € 74,205 | ▼ 23% |
| Bank debt | € 0 | € 7,490 | € 0 | € 0 | |
| Balance sheet total | € 709,009 | € 1,325,302 | € 839,324 | € 595,621 | ▼ 29% |
Key figures of Build@Sea, 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 Build@Sea?
What happened at Build@Sea in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,627 (▼ 69% vs 2024). Source: NBB ↗
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,492 profit in 2022 to € 7,627 profit in 2025.
Paid € 173,932 in corporate taxes since 2022.
Best year ever: 2022, with € 202,492 profit.
Paid out € 307,502 in dividends to the owners in total.
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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 Build@Sea are Luc De Ville and Valerie Van Huele. The same people are also behind Build@Sea Projects.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
L. Van Sluysstraat 12
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0691.913.767
- VAT number
- BE 0691.913.767
- Registered office
- L. Van Sluysstraat 12, 8370 Blankenberge
- Names & denominations
- Build@Sea
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2018
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
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