Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SEA COAST GROUP AC from Nieuwpoort, company number BE0862167474, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year SEA COAST GROUP AC recorded a gross margin of € 474,618 and equity of € 16.3 million. Compared with financial year 2024, the result moved from € -1 million to € -1.1 million. The company made a loss. 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 September 15, 2026.
€ 16.3 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,546
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 102,568
▼ 8% vs 2024
€ 102,600 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.
€ 39,655
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.2 million
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 1.1 million
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,276
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,915,505 | € 2,242,990 | € -212,119 | € 474,618 | ▲ € 686,737 |
| Profit after taxes | € 3,635,728 | € -2,722,788 | € -1,006,042 | € -1,081,303 | ▼ € 75,261 |
| Equity | € 9,059,777 | € 18,973,954 | € 17,665,067 | € 16,280,920 | ▼ 8% |
| Total debts | € 10,892,882 | € 19,398,676 | € 18,525,116 | € 19,013,843 | ▲ 3% |
| Cash | € 71,189 | € 1,167,022 | € 20,181 | € 31,546 | ▲ 56% |
| Land & buildings | € 1,399,276 | € 16,053,085 | € 15,545,382 | € 15,089,150 | ▼ 3% |
| Retained profit | € 6,647,777 | € 3,924,989 | € 2,918,946 | € 1,837,643 | ▼ 37% |
| Dividend | € 400,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 6,500,000 | € 6,500,000 | € 5,218,658 | ▼ 20% |
| Balance sheet total | € 20,037,389 | € 38,452,794 | € 36,265,784 | € 35,365,874 | ▼ 2% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of SEA COAST GROUP AC, 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 SEA COAST GROUP AC?
What happened at SEA COAST GROUP AC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.1 million. filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.6 million profit in 2022 to € 1.1 million loss in 2025.
Paid € 3.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.6 million profit.
On average € 474,600 of value added per employee 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
The stake of NORTH SEA PROPERTIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEA COAST GROUP ACBehind SEA COAST GROUP AC is Louis Invest BV. The shares are held by NORTH SEA PROPERTIES (14.3%). It owns 99% of Louis Invest, 98% of Flanders Hospitality FH, 96% of Sea Coast Belgium Horses, 50% of North Buildings, 50% of Sea Coast Construction and 50% of Moniro itself.
Directors
According to the 2025 annual accounts
Director · represented by Adelin Cloet
Also active at: VEDESCA, Flanders Hospitality, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL, SEA COAST HORSES, SEA COAST CONSTRUCTION +4 more
Shareholders
14.3%
Participations
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →VEDESCA same network
€ -387 gross margin · 2025
NORTH SEA PROPERTIES same network
€ -4,931 gross margin · 2025
Flanders Hospitality same network
€ 703,215 gross margin · 2025
H & D COMPANY
€ 25,331 gross margin · 2026
Promotion and Building Company same network
€ 5,924 gross margin · 2025
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.167.474
- VAT number
- BE 0862.167.474
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- SEA COAST GROUP AC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2003
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
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Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)