Financials
Financial year 2025
ROYAL ZOUTE GOLF CLUB from Knokke-Heist, company number BE0694681237, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year ROYAL ZOUTE GOLF CLUB recorded revenue of € 6.5 million and equity of € 14.2 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 14.2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 7.2 million
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
82 % of the profit went to the shareholders, mostly to Compagnie Het Zoute (100 % of the shares). That is where the money ends up.
People and assets in 2025
19.9
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 10% vs 2024
€ 65,900 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.
€ 174,746
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 16% vs 2024
€ 270,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 362,995
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 545,402
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,149,536 | € 6,466,013 | € 6,422,634 | € 6,548,938 | ▲ 2% |
| Profit after taxes | € 1,801,302 | € 1,784,634 | € 1,359,731 | € 1,212,914 | ▼ 11% |
| Equity | € 10,819,134 | € 12,603,768 | € 13,963,499 | € 14,176,413 | ▲ 2% |
| Total debts | € 3,082,370 | € 2,856,966 | € 2,443,345 | € 8,182,280 | ▲ 235% |
| Cash | € 413,045 | € 808,948 | € 3,757,497 | € 7,210,641 | ▲ 92% |
| Land & buildings | € 11,020,751 | € 11,866,522 | € 10,890,120 | € 11,180,478 | ▲ 3% |
| Retained profit | € 6,245,700 | € 8,030,333 | € 9,390,065 | € 9,602,979 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 1,000,000 | |
| Bank debt | € 2,295,862 | € 1,957,500 | € 1,687,500 | € 1,417,500 | ▼ 16% |
| Balance sheet total | € 13,901,504 | € 15,460,734 | € 16,406,844 | € 22,358,693 | ▲ 36% |
| Employees (FTE) | 19.4 | 18.8 | 21.3 | 19.9 | ▼ 1.4 |
Key figures of ROYAL ZOUTE GOLF CLUB, 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 ROYAL ZOUTE GOLF CLUB?
What happened at ROYAL ZOUTE GOLF CLUB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Compagnie Het Zoute NV stepped down as director. NBB
- JVCon BV stepped down as director. NBB
- MarcVH-Consult BV stepped down as director. NBB
- Alain Devos BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 11% vs 2024). Source: NBB ↗
- PL Conseil BV stepped down as director. NBB
- Cheniclem NV stepped down as director. NBB
- Philippe Van de Vyvere stepped down as director. NBB
In short
From € 1.8 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Paid out € 1 million 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
The shares are held by Compagnie Het Zoute (100%).
Directors
According to the 2025 annual accounts
Director · represented by Paul-Evence Coppée
Also active at: COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, ZOUTE PROMOTIONS KORTRIJK, ZOUTE INVESTMENT PARTNERS, PARK AAN DE STROOM I, PARK AAN DE STROOM II, BARON RUZETTE BRUGGE, Zoute Promotions
since 2025 · until 2027
Chairman of the board · represented by Pierre Lebbe
Also active at: Compagnie Het Zoute
since 2025 · until 2026
Director · represented by Bernard Jolly
Also active at: Compagnie Het Zoute, COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, NOMAINVEST, FLYEUROP, SPRIMO HOLDING, ZOUTE PROMOTIONS KORTRIJK, Zoute Promotions +3 more
since 2025 · until 2026
Director · represented by Joris Vrielynck
Also active at: COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, ZOUTE PROMOTIONS KORTRIJK, ZOUTE INVESTMENT PARTNERS, PARK AAN DE STROOM I, PARK AAN DE STROOM II, BARON RUZETTE BRUGGE, Zoute Promotions +1 more
since 2025 · until 2027
Director · represented by Marcus Van Heddeghem
Also active at: Compagnie Het Zoute, Immo Jaspe, COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, ATLANTIC CERTIFICATES, Zoute Promotions
since 2025 · until 2027
since 2025 · until 2027
Philippe Van de Vyvere
Director
since 2025 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Prins Filiplaan 53
8300 Knokke-Heist
Helmweg 27A
8300 Knokke-Heist
Active since 1 July 2018
Sparrendreef 1A
8300 Knokke-Heist
Active since 1 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Compagnie Het Zoute same network
€ 2.9 million revenue · 2025
COMPAGNIE HET ZOUTE REAL ESTATE same network
€ 17.4 million revenue · 2025
COMPAGNIE HET ZOUTE - RESERVE same network
ZOUTE PROMOTIONS KORTRIJK same network
€ 95,881 revenue · 2025
VAKH
+1 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
- 0694.681.237
- VAT number
- BE 0694.681.237
- Registered office
- Prins Filiplaan 53, 8300 Knokke-Heist
- Names & denominations
- ROYAL ZOUTE GOLF CLUB · RZGC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2018
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Exploitatie van sportaccommodaties