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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Noorweegse Kaai from Gent, company number BE0862398393, closed financial year 2025 with a result of € -363,883 after tax. For that financial year Noorweegse Kaai recorded a gross margin of € -4,640 and equity of € -833,980. Compared with financial year 2024, the result moved from € -108,234 to € -363,883. 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 July 3, 2026.
€ -833,980
▼ € 363,883 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -363,883
▼ 236 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,970
▲ 137% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -896,480.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,922
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,712 | € -5,203 | € -9,026 | € -4,640 | ▲ € 4,386 |
| Profit after taxes | € -13,985 | € -23,930 | € -108,234 | € -363,883 | ▼ € 255,649 |
| Equity | € -337,934 | € -361,863 | € -470,097 | € -833,980 | ▼ € 363,883 |
| Total debts | € 338,389 | € 353,385 | € 376,055 | € 392,950 | ▲ 4% |
| Cash | € 455 | € 330 | € 3,781 | € 8,970 | ▲ 137% |
| Retained profit | € -400,434 | € -424,363 | € -532,597 | € -896,480 | ▼ € 363,883 |
| Balance sheet total | € 455 | € 1,522 | € 5,958 | € 8,970 | ▲ 51% |
Key figures of Noorweegse Kaai, 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 Noorweegse Kaai?
What happened at Noorweegse Kaai in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GULFCOM EUROPE NV stepped down as director. NBB
- Danielle Bostoen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 363,883. Source: NBB ↗
- GULFCOM EUROPE NV became a director. NBB
- Danielle Bostoen became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,985 loss in 2022 to € 363,883 loss in 2025.
Management
The stake of GULFCOM EUROPE, Bostoen Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Noorweegse KaaiThe shares are held by GULFCOM EUROPE (64%) and Bostoen Group (36%).
Directors
According to the 2025 annual accounts
Managing director · represented by Isabelle haar vast vertegenwoordiger CRUL
since 2021 · until 2027
Danielle Bostoen
Managing director
Also active at: Immobiliën Francis Bostoen, GULFCOM EUROPE, NATUURSTEEN CRUL, ERTVELD, Bostoen Group, ILLINOIS, ECO-CONSTRUCTCONSULTING, PLUS HOME CONCEPT STORE
since 2021 · until 2027
Shareholders
64%
36%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 22
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Bouw Francis Bostoen
€ 49.9 million revenue · 2025
Immobiliën Francis Bostoen same network
€ 4.3 million revenue · 2025
GULFCOM EUROPE same network
€ 629,995 revenue · 2025
NATUURSTEEN CRUL same network
€ -1,815 gross margin · 2025
Bostoen Group same network
€ 679,326 revenue · 2025
+5 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
- 0862.398.393
- VAT number
- BE 0862.398.393
- Registered office
- Pauline Van Pottelsberghelaan 22, 9051 Gent
- Names & denominations
- Noorweegse Kaai
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2003
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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