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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
FLANDERS DRYDOCK from Brugge, company number BE0730818487, closed financial year 2025 with a result of € -688,326 after tax. For that financial year FLANDERS DRYDOCK recorded a gross margin of € 1.7 million and equity of € -368,265. Compared with financial year 2024, the result moved from € -51,101 to € -688,326. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ -368,265
▼ € 688,326 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -688,326
▼ 1247 % more loss than in 2024
Profit after tax over the fiscal year.
€ 26,633
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -598,265.
Debts at end 2025
€ 310,170
▼ 31% vs 2024
€ 138,383 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 88,369
▲ € 67,984 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 501,900 | € 230,700 | - | |
| Gross margin | € 310,065 | € 355,061 | € 165,419 | € 1,712,581 | ▲ € 1.5 million |
| Profit after taxes | € 97,487 | € 117,040 | € -51,101 | € -688,326 | ▼ € 637,225 |
| Equity | € 254,122 | € 371,163 | € 320,061 | € -368,265 | ▼ € 688,326 |
| Total debts | € 3,981,782 | € 3,931,780 | € 4,319,918 | € 4,228,846 | ▼ 2% |
| Cash | € 31,576 | € 7,611 | € 16,011 | € 26,633 | ▲ 66% |
| Retained profit | € 24,122 | € 141,163 | € 90,061 | € -598,265 | ▼ € 688,326 |
| Bank debt | € 1,714,720 | € 564,167 | € 449,301 | € 310,170 | ▼ 31% |
| Balance sheet total | € 4,235,905 | € 4,302,943 | € 4,639,979 | € 3,860,581 | ▼ 17% |
By gross margin, FLANDERS DRYDOCK ranks 1st of 5 companies with main activity “Reparatie en onderhoud van civiele schepen” in Brugge that publish figures (fiscal year 2025).
Key figures of FLANDERS DRYDOCK, 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.
Ask about FLANDERS DRYDOCK the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to FLANDERS DRYDOCK?
What happened at FLANDERS DRYDOCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ku Dé Ta stepped down as director. NBB
- N.O. Invest stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Ku Dé Ta became a director. NBB
- N.O. Invest became a director. NBB
In short
From € 97,487 profit in 2022 to € 688,326 loss in 2025.
Best year ever: 2023, with € 117,040 profit.
Management
The stake of FLANDERS SHIP REPAIR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLANDERS DRYDOCKThe shares are held by Shiprepair Investment (100%) and FLANDERS SHIP REPAIR (50%).
Directors
According to the 2025 annual accounts
Director · represented by Johnny Hofman
Owns 30.3% via FLANDERS SHIP REPAIR · Owns 60.5% via Shiprepair Investment
Also active at: FLANDERS SHIP REPAIR, ANTWERP MARINE TECHNICS, SHIPREPAIR INVESTMENT
since 2019 · until 2029
Director · represented by Nico Opstaele
Owns 19.7% via FLANDERS SHIP REPAIR · Owns 39.5% via Shiprepair Investment
Also active at: FLANDERS SHIP REPAIR, ANTWERP MARINE TECHNICS, SHIPREPAIR INVESTMENT
since 2019 · until 2029
Shareholders
Shiprepair Investment · holding of N.O. Invest
100%
FLANDERS SHIP REPAIR · holding of N.O. Invest
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jozef Verschaveweg 106
8380 Brugge
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.
Similar companies in Brugge
Same main activity (Reparatie en onderhoud van civiele schepen), 8 active companies in Brugge, largest first.
€ 17.5 million revenue · 2025
€ 15.1 million revenue · 2024
€ 1.4 million revenue · 2024
€ 1.3 million gross margin · 2025
€ 1.2 million gross margin · 2025
€ 586,472 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- FLANDERS SHIP REPAIR(oprichter) 50%
- SHIPREPAIR INVESTMENT(oprichter) 50%
Details
- Company number
- 0730.818.487
- VAT number
- BE 0730.818.487
- Registered office
- Jozef Verschaveweg 106, 8380 Brugge
- Names & denominations
- FLANDERS DRYDOCK · FDD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Reparatie en onderhoud van civiele schepen
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw