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.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
PROMOTIE OOSTENDE KOERSE from Oostende, company number BE0880608461, closed financial year 2025 with a result of € 81,927 after tax. For that financial year PROMOTIE OOSTENDE KOERSE recorded a gross margin of € 123,679 and equity of € -290,866. Compared with financial year 2024, the result moved from € 121,249 to € 81,927. The company is profitable. 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 28, 2026.
€ -290,866
▲ € 81,927 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,927
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 12,565
▲ 166% 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 € -353,366.
People and assets in 2025
1.6
Average over the fiscal year, from the social balance sheet.
€ 11,003
€ 6,900 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.
€ 9,836
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61,872
Loans from banks and other lenders, long and short.
€ 5,642
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -56,131 | € 99,400 | € 155,356 | € 123,679 | ▼ 20% |
| Profit after taxes | € 6,242 | € 57,328 | € 121,249 | € 81,927 | ▼ 32% |
| Equity | € -551,370 | € -494,042 | € -372,794 | € -290,866 | ▲ € 81,927 |
| Total debts | € 771,878 | € 813,220 | € 725,311 | € 724,518 | |
| Cash | € 5,059 | € 52 | € 4,721 | € 12,565 | ▲ 166% |
| Land & buildings | € 19,534 | € 15,617 | € 11,699 | € 7,782 | ▼ 33% |
| Retained profit | € -613,870 | € -556,542 | € -435,294 | € -353,366 | ▲ € 81,927 |
| Bank debt | € 61,872 | € 61,872 | € 61,872 | € 61,872 | |
| Balance sheet total | € 220,508 | € 319,177 | € 352,518 | € 433,652 | ▲ 23% |
| Employees (FTE) | - | - | 0 | 1.6 |
Key figures of PROMOTIE OOSTENDE KOERSE, 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 PROMOTIE OOSTENDE KOERSE?
What happened at PROMOTIE OOSTENDE KOERSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Heymans stepped down as director. NBB
- Danny Vande Sompele stepped down as director. NBB
- Oostende Koerse VZW stepped down as director. NBB
- Olivier Orlans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 81,927 (▼ 32% vs 2024). Source: NBB ↗
- Danny Vande Sompele became a director. NBB
- Skyy Consulting BV stepped down as director. NBB
- Guy Heymans became a director. NBB
In short
From € 6,242 profit in 2022 to € 81,927 profit in 2025.
Best year ever: 2024, with € 121,249 profit.
On average € 77,300 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 EVENTOR, Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROMOTIE OOSTENDE KOERSEThe shares are held by EVENTOR (100%) and Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington (40%).
Directors
According to the 2025 annual accounts
Guy Heymans
Director
since 2023 · until 2029
Danny Vande Sompele
Director
Also active at: Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington, Quadrafin, TASSAERT, OSMO REAL ESTATE, Immo Matisse, REMONI, ALUCLAEYS INVEST, OSTEND SEA P'LACE +16 more
since 2025 · until 2029
Director · represented by Joeri Impens
since 2023 · until 2029
Olivier Orlans
Managing director
Also active at: Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington, Lexim Consulting, WELLINGTON GOLF OOSTENDE, BLUE SKY CONCERTS, EVENTOR
since 2023 · until 2029
Director · represented by Danny Vande Sompele
Also active at: Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington, OSMO REAL ESTATE, Immo Matisse, REMONI, ALUCLAEYS INVEST, OSTEND SEA P'LACE, EUROFINA, PATHOEKE INDUSTRIES +10 more
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sportstraat 48
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington same network
€ 152,523 gross margin · 2025
OSTEND SEA P'LACE same network
€ 220,461 gross margin · 2025
Vlaams Centrum voor het Paard
KINDEREN AAN ZEE
ABSOLUTEYOU
€ 140.7 million revenue · 2025
+2 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
- 0880.608.461
- VAT number
- BE 0880.608.461
- Registered office
- Sportstraat 48, 8400 Oostende
- Names & denominations
- PROMOTIE OOSTENDE KOERSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2006
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Organisatie van congressen en beurzen
Handel in eigen onroerend goed
Handel in onroerend goed
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Ontwikkeling van residentiële bouwprojecten
+7