Financials
Financial year 2024
NORTH SEA COMPANY from Knokke-Heist, company number BE0884361371, closed financial year 2024 with a result of € 6,411 after tax. For that financial year NORTH SEA COMPANY recorded a gross margin of € 21,018 and equity of € 96,017. Compared with financial year 2023, the result moved from € 7,406 to € 6,411. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 96,017
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,411
▼ 13% vs 2023
Profit after tax over the fiscal year.
€ 6,912
▼ 22% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 859 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,151
▲ 232% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 25,201
▼ 12% vs 2023
€ 3,352 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,327
▼ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,507
▲ € 3,084 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 7,416 | € 18,423 | € 18,699 | € 21,018 | ▲ 12% |
| Profit after taxes | € 2,267 | € 8,900 | € 7,406 | € 6,411 | ▼ 13% |
| Equity | € 75,792 | € 83,892 | € 90,465 | € 96,017 | ▲ 6% |
| Total debts | € 50,622 | € 51,427 | € 49,620 | € 46,537 | ▼ 6% |
| Cash | € 6,144 | € 4,599 | € 8,839 | € 6,912 | ▼ 22% |
| Retained profit | € 57,192 | € 65,292 | € 71,865 | € 77,417 | ▲ 8% |
| Dividend | € 800 | € 800 | € 833 | € 859 | ▲ 3% |
| Bank debt | € 35,281 | € 31,960 | € 28,551 | € 25,201 | ▼ 12% |
| Balance sheet total | € 126,414 | € 135,319 | € 140,085 | € 142,554 | ▲ 2% |
Key figures of NORTH SEA COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NORTH SEA COMPANY?
What happened at NORTH SEA COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 6,411 (▼ 13% vs 2023). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- Chantal Mortreu became a director. NBB
In short
From € 2,267 profit in 2021 to € 6,411 profit in 2024.
Paid € 15,950 in corporate taxes since 2021.
Best year ever: 2022, with € 8,900 profit.
Paid out € 3,292 in dividends to the owners in total.
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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
Behind NORTH SEA COMPANY is Chantal Mortreu.
Directors
According to the 2024 annual accounts
Chantal Mortreu
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Boomgaarden 14
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0884.361.371
- VAT number
- BE 0884.361.371
- Registered office
- Boomgaarden 14, 8300 Knokke-Heist
- Names & denominations
- NORTH SEA COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2006
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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