Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE BEACH from Middelkerke, company number BE0834843564, closed financial year 2025 with a result of € -19,973 after tax. For that financial year THE BEACH recorded a gross margin of € -4,897 and equity of € -71,007. Compared with financial year 2024, the result moved from € -24,824 to € -19,973. 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 May 20, 2026.
€ -71,007
▼ € 19,973 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,973
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,913
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -77,257.
People and assets in 2025
€ 12,083
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 665
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 500
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,744 | € 1,104 | € -10,614 | € -4,897 | ▲ € 5,717 |
| Profit after taxes | € -4,842 | € -10,145 | € -24,824 | € -19,973 | ▲ € 4,851 |
| Equity | € -16,065 | € -26,211 | € -51,034 | € -71,007 | ▼ € 19,973 |
| Total debts | € 87,012 | € 95,761 | € 119,189 | € 148,107 | ▲ 24% |
| Cash | € 11,912 | € 12,988 | € 5,525 | € 4,913 | ▼ 11% |
| Retained profit | € -22,315 | € -32,461 | € -57,284 | € -77,257 | ▼ € 19,973 |
| Balance sheet total | € 70,946 | € 69,550 | € 68,155 | € 77,100 | ▲ 13% |
Key figures of THE BEACH, 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 THE BEACH?
What happened at THE BEACH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,973. Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,842 loss in 2022 to € 19,973 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
Behind THE BEACH are Peter Gekiere and Pascale Van De Velde. Pascale Van De Velde is also behind ACREFIMO and IMMO PADIVA.
Directors
According to the 2025 annual accounts
Peter Gekiere
Director
Establishments
Establishment units
Physical locations of this company
Koning Ridderdijk 2
8434 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.843.564
- VAT number
- BE 0834.843.564
- Registered office
- Koning Ridderdijk 2, 8434 Middelkerke
- Names & denominations
- THE BEACH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2011
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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