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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AIR DE MER from Gent, company number BE0836361318, closed financial year 2025 with a result of € 20,496 after tax. For that financial year AIR DE MER recorded a gross margin of € 165,061 and equity of € 130,283. Compared with financial year 2024, the result moved from € 2,294 to € 20,496. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 130,283
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,496
▲ € 18,203 vs 2024
Profit after tax over the fiscal year.
€ 52,154
▲ 6% 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 € 42,083.
People and assets in 2025
€ 3,069
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 551,255
▼ 13% vs 2024
€ 69,247 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2,049
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 467,842 | € 114,028 | € 139,481 | € 165,061 | ▲ 18% |
| Profit after taxes | € 288,027 | € -24,181 | € 2,294 | € 20,496 | ▲ € 18,203 |
| Equity | € 131,674 | € 107,493 | € 109,787 | € 130,283 | ▲ 19% |
| Total debts | € 948,989 | € 874,347 | € 791,648 | € 690,396 | ▼ 13% |
| Cash | € 106,578 | € 45,436 | € 49,309 | € 52,154 | ▲ 6% |
| Land & buildings | € 918,440 | € 900,248 | € 816,520 | € 724,820 | ▼ 11% |
| Retained profit | € 43,474 | € 19,293 | € 21,587 | € 42,083 | ▲ 95% |
| Bank debt | € 799,663 | € 717,957 | € 634,123 | € 551,255 | ▼ 13% |
| Balance sheet total | € 1,080,663 | € 981,839 | € 901,434 | € 820,679 | ▼ 9% |
Key figures of AIR DE MER, 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 AIR DE MER?
What happened at AIR DE MER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,496 (▲ € 18,203 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 288,027 profit in 2022 to € 20,496 profit in 2025.
Best year ever: 2022, with € 288,027 profit.
Management
Behind AIR DE MER is Karl Catteau. Karl Catteau is also behind ARCHITECTENBUREAU KARL CATTEAU.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Speldenstraat 19
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.361.318
- VAT number
- BE 0836.361.318
- Registered office
- Speldenstraat 19, 9000 Gent
- Names & denominations
- AIR DE MER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2011
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- dukeofghent.com
- Activities · NACE
Hotels en dergelijke accommodatie
Landschapsverzorging
Activiteiten van risicoanalisten en schadetaxateurs
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Adviesbureaus op het gebied van public relations en communicatie
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis