Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
Gross margin
€ -6 million
▼ 52501% vs 2024
Profit
Caution€ -6.1 million
▼ 46919% vs 2024
Debts
High€ 6.6 million
▲ 75213% vs 2024
NORTH SEA_OFFSHORE RENEWABLES from Oostende, company number BE0804696756, closed financial year 2025 with a result of € -6.1 million after tax. For that financial year NORTH SEA_OFFSHORE RENEWABLES recorded a gross margin of € -6 million and equity of € -6.1 million. Compared with financial year 2024, the result moved from € -13,052 to € -6.1 million. 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 June 8, 2026.
What happened at NORTH SEA_OFFSHORE RENEWABLES?
What happened at NORTH SEA_OFFSHORE RENEWABLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nico BUEDTS stepped down as director. NBB
- Didier Albert Philip KETERS stepped down as director. NBB
- Frederik Gilbert SNOECK stepped down as director. NBB
- Pierre-Arthur Maurice LESTRADE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.1 million. Source: NBB ↗
- New establishment in Oostende. KBO
- Nico BUEDTS became a director. NBB
- Didier Albert Philip KETERS became a director. NBB
In short
From € 13,052 loss in 2024 to € 6.1 million loss in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Directors
According to the 2025 annual accounts
Nico BUEDTS
Director
since 2023 · until 2029
Didier Albert Philip KETERS
Director
since 2023 · until 2029
Frederik Gilbert SNOECK
Director
since 2023 · until 2029
Pierre-Arthur Maurice LESTRADE
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Kuipweg 13
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
GENIUS DEL NOLO
€ 201,536 gross margin · 2023
BEDRIJVENCENTRUM REGIO OOSTENDE
€ -2,309 gross margin · 2025
INSEC
€ 155,844 gross margin · 2025
S. Desmet
€ 127,429 gross margin · 2025
A.A.R.S. WEST ALL ASBESTOS REMOVAL SERVICES WEST
€ 700,813 gross margin · 2025
+2 more
Details
- Company number
- 0804.696.756
- VAT number
- BE 0804.696.756
- Registered office
- Kuipweg 13, 8400 Oostende
- Names & denominations
- NORTH SEA_OFFSHORE RENEWABLES · NSOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen