Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Royal Navy Property from Kortemark, company number BE0762973492, closed financial year 2025 with a result of € -9,000 after tax. For that financial year Royal Navy Property recorded a gross margin of € -4,213 and equity of € 14,303. Compared with financial year 2024, the result moved from € -385 to € -9,000. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 14,303
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,000
▼ 2236 % more loss than in 2024
Profit after tax over the fiscal year.
€ 137,832
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,697.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 551,126
▲ € 543,851 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,256 | € -85 | € -109 | € -4,213 | ▼ € 4,103 |
| Profit after taxes | € -5,534 | € -777 | € -385 | € -9,000 | ▼ € 8,615 |
| Equity | € 24,466 | € 23,689 | € 23,304 | € 14,303 | ▼ 39% |
| Total debts | € 4,506,858 | € 3,321,397 | € 3,769,192 | € 4,376,507 | ▲ 16% |
| Cash | € 1,779,323 | € 240,545 | € 218,185 | € 137,832 | ▼ 37% |
| Retained profit | € -5,534 | € -6,311 | € -6,696 | € -15,697 | ▼ € 9,000 |
| Balance sheet total | € 4,531,324 | € 3,345,086 | € 3,792,495 | € 4,390,810 | ▲ 16% |
Key figures of Royal Navy Property, 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 Navy Property?
What happened at Royal Navy Property in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,000. Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,534 loss in 2022 to € 9,000 loss in 2025.
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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 Sequentia Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Royal Navy PropertyBehind Royal Navy Property is Sequentia Invest bv. The shares are held by Sequentia Invest (100%).
Directors
According to the 2025 annual accounts
Director · represented by Nickolas Vulsteke
Also active at: PLASMA HOLDING, LUC VULSTEKE INDUSTRIAL, HOUTLAND BETON, Extenso, Retail Immo Menen, LONG NELLE, IMMO DE POSTHOORN, TRANSKOR +1 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogledestraat 122 box B
8610 Kortemark
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Constructie Lambrecht
€ 2.6 million gross margin · 2025
POLAK
€ 4.9 million gross margin · 2025
LAMKOR
€ 346,156 gross margin · 2025
TUBIZE PLASTIQUES
€ 574,472 gross margin · 2025
IMMORIEL
€ 475,549 gross margin · 2025
+8 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
- 0762.973.492
- VAT number
- BE 0762.973.492
- Registered office
- Hoogledestraat 122 bus B, 8610 Kortemark
- Names & denominations
- Royal Navy Property · RNP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2021
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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