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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
OSTEND SCIENCE PARK from Oostende, company number BE0713874765, closed financial year 2025 with a result of € -169,762 after tax. For that financial year OSTEND SCIENCE PARK recorded a gross margin of € -66,882 and equity of € 5.4 million. Compared with financial year 2024, the result moved from € -25,458 to € -169,762. The company made a loss. 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 June 4, 2026.
€ 5.4 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -169,762
▼ 567 % more loss than in 2024
Profit after tax over the fiscal year.
€ 218,962
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -457,045.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,034
▼ 42% 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.
€ 43,699
▲ 277% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 680
▼ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -311,619 | € -98,585 | € -6,011 | € -66,882 | ▼ € 60,871 |
| Profit after taxes | € -117,879 | € -99,074 | € -25,458 | € -169,762 | ▼ € 144,304 |
| Equity | € 5,728,519 | € 5,659,444 | € 5,633,986 | € 5,436,307 | ▼ 4% |
| Total debts | € 80,861 | € 53,805 | € 35,800 | € 60,445 | ▲ 69% |
| Cash | € 54,761 | € 789,833 | € 262,348 | € 218,962 | ▼ 17% |
| Land & buildings | € 1,062,013 | € 4,167,079 | € 4,500,188 | € 4,566,051 | ▲ 1% |
| Retained profit | € -162,751 | € -261,825 | € -287,283 | € -457,045 | ▼ € 169,762 |
| Balance sheet total | € 5,907,818 | € 5,713,249 | € 5,669,786 | € 5,496,751 | ▼ 3% |
| Employees (FTE) | 1 | 1 | 0 | 0 |
Key figures of OSTEND SCIENCE PARK, 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 OSTEND SCIENCE PARK?
What happened at OSTEND SCIENCE PARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 169,762. Source: NBB ↗
- Herwig Reynaert became a director. NBB
- Eric Noterman became a director. NBB
- Manu Beuselinck became a director. NBB
- Geert Dangreau became a director. NBB
- Mike Nachtegael became a director. NBB
- Kristof Beuren became a director. NBB
- Carl Devos became a director. NBB
In short
From € 117,879 loss in 2022 to € 169,762 loss in 2025.
Paid € 22 in corporate taxes since 2022.
Management
The stake of Haven Oostende comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
OSTEND SCIENCE PARKBehind OSTEND SCIENCE PARK are Manu Beuselinck, Geert Dangreau, Mike Nachtegael, Herwig Reynaert, Eric Noterman and Kristof Beuren. The shares are held by Haven Oostende (25%).
Directors
According to the 2025 annual accounts
Manu Beuselinck
Director
Also active at: OSTEND TENNIS CLUB, MultiTech, 4B FAMINVEST, SIBL-INC, OSTEND TENNIS&PADEL CLUB BAR, Algemeen Ziekenhuis Oostende, Kursaal Oostende, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE +1 more
since 2025
since 2023
since 2023
Herwig Reynaert
Director
Also active at: International School Ghent, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM, Associatie Universiteit Gent
since 2025
Eric Noterman
Director
Also active at: Haven Oostende, MultiTech, Multi Logistics Group, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND
since 2025
Kristof Beuren
Director
Also active at: TLG Science Park, Saxum Management, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
since 2023
Carl Devos
Persoon belast met dagelijks bestuur
Also active at: Haven Oostende, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
since 2023
Jean de Béthune
Director
Also active at: Internaten Brugse Rand, 't WERKPAND, WEST-VLAAMSE DUURZAME LOGISTIEKE WERKVENNOOTSCHAP, XOM
since 2023
Ida Lardinois
Persoon belast met dagelijks bestuur
Also active at: BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
since 2023
since 2023
Isabel Van Driessche
Director
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Site-Ontwikkeling Vlaanderen
since 2023
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wetenschapspark 1
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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€ 1.1 million gross margin · 2025
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+5 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
- 0713.874.765
- VAT number
- BE 0713.874.765
- Registered office
- Wetenschapspark 1, 8400 Oostende
- Names & denominations
- OSTEND SCIENCE PARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2018
- Peppol
- Active · Active since 27 Nov 2024
- Contact
- [email protected]
- Activities · NACE
Activiteiten van syndici van onroerend goed
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis