Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
North Sea Wind from Leuven, company number BE0715938489, closed financial year 2025 with a result of € 588,821 after tax. For that financial year North Sea Wind recorded a gross margin of € -180,979 and equity of € 14.9 million. Compared with financial year 2024, the result moved from € 592,814 to € 588,821. 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 June 11, 2026.
€ 14.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 588,821
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 27,549
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 585,933 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 181,081
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,297
▲ 102% 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 | € -260,007 | € -205,650 | € -217,132 | € -180,979 | ▲ € 36,153 |
| Profit after taxes | € 550,215 | € 665,272 | € 592,814 | € 588,821 | ▼ 1% |
| Equity | € 15,065,413 | € 15,038,747 | € 14,893,630 | € 14,860,777 | |
| Total debts | € 831,188 | € 952,574 | € 899,129 | € 830,889 | ▼ 8% |
| Cash | € 60,143 | € 8,196 | € 19,792 | € 27,549 | ▲ 39% |
| Retained profit | € 2,413 | € 5,747 | € 8,180 | € 11,067 | ▲ 35% |
| Dividend | € 549,755 | € 661,938 | € 590,381 | € 585,933 | ▼ 1% |
| Balance sheet total | € 15,896,602 | € 15,991,321 | € 15,792,759 | € 15,791,549 |
Key figures of North Sea Wind, 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 Wind?
What happened at North Sea Wind in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean de Leu de Cecil stepped down as director. NBB
- Kristof Verlinden stepped down as director. NBB
- Maaike Ortibus stepped down as director. NBB
- Maria De Cock stepped down as director. NBB
- Thomas Decamps stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 588,821 (▼ 1% vs 2024). Source: NBB ↗
- Marlies Vlasselaer stepped down as director. NBB
- Peter Caluwaerts stepped down as director. NBB
In short
From € 550,215 profit in 2022 to € 588,821 profit in 2025.
Paid € 195,455 in corporate taxes since 2022.
Best year ever: 2023, with € 665,272 profit.
Paid out € 2.4 million in dividends to the owners in total.
A new publication or filing at North Sea Wind? 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
The stake of PARKWIND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
North Sea WindThe shares are held by PARKWIND (0.7%).
Directors
According to the 2025 annual accounts
Jean de Leu de Cecil
Director
since 2024 · until 2029
Kristof Verlinden
Director
since 2024 · until 2029
Maaike Ortibus
Director
since 2024 · until 2029
Marlies Vlasselaer
Director
Also active at: Nobelwind, NORTHWESTER 2, Parkwind Offshore Wind Australia
since 2025 · until 2026
Maria De Cock
Director
since 2024 · until 2029
Thomas Decamps
Director
since 2024 · until 2029
Shareholders
0.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Maartenstraat 5
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0715.938.489
- VAT number
- BE 0715.938.489
- Registered office
- Sint-Maartenstraat 5, 3000 Leuven
- Names & denominations
- North Sea Wind
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 18 December 2018
- Peppol
- Not registered
- Contact
- northseawind.be