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.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
atSea from Middelkerke, company number BE0865316016, closed financial year 2025 with a result of € 55,187 after tax. For that financial year atSea recorded a gross margin of € 71,842 and equity of € -206,046. Compared with financial year 2024, the result moved from € 1,035 to € 55,187. Profitable, and profit is growing. 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 March 3, 2026.
€ -206,046
▲ € 55,187 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,187
▲ € 54,153 vs 2024
Profit after tax over the fiscal year.
€ 16
▼ € 5,599 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 € -212,246.
People and assets in 2025
€ 5,915
▼ 39% vs 2024
Of which on lease € 5,915.
Debts at end 2025
€ 42,532
▼ 23% vs 2024
€ 14,347 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,104
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,869
▼ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,279 | € 24,832 | € 16,858 | € 71,842 | ▲ € 54,983 |
| Profit after taxes | € -9,037 | € 11,435 | € 1,035 | € 55,187 | ▲ € 54,153 |
| Equity | € -273,703 | € -262,268 | € -261,233 | € -206,046 | ▲ € 55,187 |
| Total debts | € 362,657 | € 368,797 | € 365,472 | € 301,170 | ▼ 18% |
| Cash | € 477 | € 3,124 | € 5,615 | € 16 | ▼ € 5,599 |
| Land & buildings | € 86,274 | € 88,888 | € 87,907 | € 82,993 | ▼ 6% |
| Retained profit | € -279,903 | € -268,468 | € -267,433 | € -212,246 | ▲ € 55,187 |
| Bank debt | € 81,500 | € 68,467 | € 55,457 | € 42,532 | ▼ 23% |
| Balance sheet total | € 88,953 | € 106,529 | € 104,238 | € 95,124 | ▼ 9% |
Key figures of atSea, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to atSea?
What happened at atSea in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,187 (▲ € 54,153 vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,037 loss in 2022 to € 55,187 profit in 2025.
Paid € 1 in corporate taxes since 2022.
Best year ever: 2025, with € 55,187 profit.
Establishments
Establishment units
Physical locations of this company
Zeedijk 300 box 1-25
8430 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BELLEGARDE
€ 91,168 gross margin · 2025
ACCOUNTANCY VAN DEN BROECK - VANDECASTEELE
€ -4,279 gross margin · 2024
VALSAN
€ 119,387 gross margin · 2025
GICOR
€ -2,092 gross margin · 2025
Accountantskantoor Van den Broeck - Vandecasteele
+1 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
- 0865.316.016
- VAT number
- BE 0865.316.016
- Registered office
- Zeedijk 300 bus 1-25, 8430 Middelkerke
- Names & denominations
- atSea
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2004
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
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