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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Shrinking team NBB
FTE fell two years in a row, from 3.2 to 2.7.
Financials
Financial year 2025
DEWAELE VASTGOED MIDDENKUST from Oostende, company number BE0769851089, closed financial year 2025 with a result of € 456,072 after tax. For that financial year DEWAELE VASTGOED MIDDENKUST recorded a gross margin of € 837,934 and equity of € 657,659. Compared with financial year 2024, the result moved from € 280,248 to € 456,072. Profitable, and profit is growing. 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 January 26, 2026.
€ 657,659
▲ 226% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 456,072
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 670,631
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 644,288.
People and assets in 2025
2.7
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 127,415
▲ 14% vs 2024
€ 47,200 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.
€ 16,651
▼ 15% 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.
€ 13,294
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,700
▲ 231% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,158,934 | € 331,969 | € 506,556 | € 837,934 | ▲ 65% |
| Profit after taxes | € 707,256 | € 136,511 | € 280,248 | € 456,072 | ▲ 63% |
| Equity | € 984,828 | € 1,121,339 | € 201,587 | € 657,659 | ▲ 226% |
| Total debts | € 164,045 | € 69,431 | € 1,377,782 | € 165,994 | ▼ 88% |
| Cash | € 1,039,688 | € 639,083 | € 1,206,073 | € 670,631 | ▼ 44% |
| Retained profit | € 971,457 | € 1,107,968 | € 188,215 | € 644,288 | ▲ 242% |
| Dividend | € 0 | € 0 | € 1,200,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,148,874 | € 1,190,770 | € 1,579,369 | € 823,652 | ▼ 48% |
| Employees (FTE) | 2.6 | 3.2 | 3 | 2.7 | ▼ 0.3 |
Key figures of DEWAELE VASTGOED MIDDENKUST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DEWAELE VASTGOED MIDDENKUST?
What happened at DEWAELE VASTGOED MIDDENKUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 456,072 (▲ 63% vs 2024). Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- New establishment in Middelkerke. KBO
- New establishment in Oostende. KBO
- Dewaele Vastgoed Groep CVBA became a director. NBB
- CVI BV became a director. NBB
- Stefaan Coucke became a director. NBB
- Geert Berlamont became a director. NBB
In short
From € 707,256 profit in 2022 to € 456,072 profit in 2025.
Paid € 626,393 in corporate taxes since 2022.
Best year ever: 2022, with € 707,256 profit.
On average € 310,300 of value added per employee in 2025.
Management
Behind DEWAELE VASTGOED MIDDENKUST are Dewaele Vastgoed Groep CVBA, CVI BV, Stefaan Coucke and Geert Berlamont. The same people are also behind IMMO DOMINI. Dewaele Vastgoed Groep CVBA is also behind Turner, DEWAELE VASTGOED CBI VLAAMS-BRABANT, Pols & Partners, Dewaele Vastgoeddiensten and Dewaele Real Estate. CVI BV is also behind P & P. Stefaan Coucke is also behind Turner, EGYPTE INVEST, D-Academy, DEWAELE VASTGOED CBI VLAAMS-BRABANT and Pols & Partners. Geert Berlamont is also behind Turner, D-Academy, DEWAELE VASTGOED CBI VLAAMS-BRABANT, Pols & Partners and Dewaele Vastgoeddiensten.
Directors
According to the 2025 annual accounts
Director · represented by Filip Dewaele
Also active at: Turner, DEWAELE VASTGOED CBI VLAAMS-BRABANT, Pols & Partners, Dewaele Vastgoeddiensten, Dewaele Real Estate, DEWAELE VASTGOED PARTNERS, DEWAELE VASTGOED LIMBURG, DVP IMMO +3 more
since 2021
since 2021
Stefaan Coucke
Director
Also active at: Turner, EGYPTE INVEST, D-Academy, DEWAELE VASTGOED CBI VLAAMS-BRABANT, Pols & Partners, Dewaele Vastgoeddiensten, VIRIBUS DEFI, DEWAELE VASTGOED LIMBURG +4 more
since 2021
Geert Berlamont
Director
Also active at: Turner, D-Academy, DEWAELE VASTGOED CBI VLAAMS-BRABANT, Pols & Partners, Dewaele Vastgoeddiensten, VIRIBUS DEFI, DEWAELE VASTGOED LIMBURG, TROOSTWIJK IMMO AUCTIONS +5 more
since 2021
Establishments
Establishment units
Physical locations of this company
Leopold II-laan 29
8400 Oostende
Albert I laan 173 box J
8620 Nieuwpoort
Active since 18 June 2021
Leopoldlaan 1
8430 Middelkerke
Active since 18 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0769.851.089
- VAT number
- BE 0769.851.089
- Registered office
- Leopold II-laan 29, 8400 Oostende
- Names & denominations
- DEWAELE VASTGOED MIDDENKUST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2021
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
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