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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
SHIPREPAIR INVESTMENT from Brugge, company number BE0812343425, closed financial year 2025 with a result of € 17,281 after tax. For that financial year SHIPREPAIR INVESTMENT recorded a gross margin of € 56,112 and equity of € 7.1 million. Compared with financial year 2024, the result moved from € 4.3 million to € 17,281. 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 October 22, 2026.
€ 7.1 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 990,000 in kind: shares or other assets, valued in the deed.
€ 17,281
▼ € 4.2 million vs 2024
Profit after tax over the fiscal year.
€ 103,216
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 210,695
▼ 19% vs 2024
Of which on lease € 197,765.
Debts at end 2025
€ 167,748
▼ 85% vs 2024
€ 75,712 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 714,908
▲ € 669,930 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 256,637 | € 328,950 | € 343,800 | - | |
| Gross margin | € 243,977 | € 3,940,782 | € 5,851,217 | € 56,112 | ▼ 99% |
| Profit after taxes | € 85,998 | € 2,882,814 | € 4,254,496 | € 17,281 | ▼ € 4.2 million |
| Equity | € 4,521,274 | € 7,404,087 | € 7,500,583 | € 7,067,864 | ▼ 6% |
| Total debts | € 894,885 | € 646,210 | € 1,176,932 | € 1,332,656 | ▲ 13% |
| Cash | € 23,514 | € 2,735,907 | € 539,115 | € 103,216 | ▼ 81% |
| Land & buildings | € 868,352 | € 478,087 | - | € 2,648,613 | |
| Retained profit | € 3,531,274 | € 6,414,087 | € 6,510,583 | € 6,077,864 | ▼ 7% |
| Dividend | € 0 | € 0 | € 4,158,000 | € 450,000 | ▼ 89% |
| Bank debt | € 512,466 | € 231,540 | € 1,131,826 | € 167,748 | ▼ 85% |
| Balance sheet total | € 5,416,159 | € 8,952,732 | € 9,579,949 | € 9,302,954 | ▼ 3% |
By gross margin, SHIPREPAIR INVESTMENT ranks 15th of 23 companies with main activity “Activiteiten van holdings” in Brugge that publish figures (fiscal year 2025).
Key figures of SHIPREPAIR INVESTMENT, 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 SHIPREPAIR INVESTMENT 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 SHIPREPAIR INVESTMENT?
What happened at SHIPREPAIR INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Daniel Opstaele stepped down as director. NBB
- Daniel Opstaele became a director. NBB
- KuDéTa BV became a director. NBB
- N.O. Invest BV became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brugge. KBO
In short
From € 85,998 profit in 2022 to € 17,281 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.3 million profit.
Paid out € 4.6 million in dividends to the owners in total.
Management
Behind SHIPREPAIR INVESTMENT are KuDéTa BV and N.O. Invest BV. The shares are held by Ku Dé Ta BV (60.5%) and N.O. Invest BV (39.5%). It owns 100% of Flanders Drydock itself.
Directors
According to the 2025 annual accounts
Director · represented by Johhny Hofman
Also active at: FLANDERS SHIP REPAIR, FLANDERS DRYDOCK, ANTWERP MARINE TECHNICS
since 2017
Director · represented by Nico Opstaele
Also active at: FLANDERS SHIP REPAIR, FLANDERS DRYDOCK, ANTWERP MARINE TECHNICS
since 2017
Daniel Opstaele
Director
Also active at: FLANDERS SHIP REPAIR, ADMINISTRATIE - FISCALITEIT - ECOLOGY CONSULT & TECHNOLOGY, FLANDERS DRYDOCK, ANTWERP MARINE TECHNICS
since 2020 · until 2024
Shareholders
60.5%
39.5%
Participations
100%
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.
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Small & Medium Enterprises Partners
€ 581,066 gross margin · 2024
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 ↗- HOFMAN Johnny Peter(oprichter) 51.1%
- OPSTAELE Nico Albert Isidoor(oprichter) 33.4%
- JEMA(oprichter) 15.6%
Details
- Company number
- 0812.343.425
- VAT number
- BE 0812.343.425
- Registered office
- Jozef Verschaveweg 106, 8380 Brugge
- Names & denominations
- SHIPREPAIR INVESTMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van terreinen
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Handel in eigen onroerend goed
Adviesbureaus op het gebied van public relations en communicatie