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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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ETHOS OCEAN from Sint-Martens-Latem, company number BE1003533492, closed financial year 2025 with a result of € 601,958 after tax. For that financial year ETHOS OCEAN recorded a gross margin of € -126,548 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -104,481 to € 601,958. Profitable, and profit is growing. 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 July 14, 2026.
€ 2.3 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 601,958
▲ still € 104,481 loss in 2024
Profit after tax over the fiscal year.
€ 778,569
▲ € 654,660 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,483
▲ 297% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 331
▼ 99% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -70,504 | € -126,548 | ▼ € 56,044 |
| Profit after taxes | € -104,481 | € 601,958 | ▲ € 706,439 |
| Equity | € 1,768,819 | € 2,320,776 | ▲ 31% |
| Total debts | € 37,840 | € 784,813 | ▲ € 746,973 |
| Cash | € 123,908 | € 778,569 | ▲ € 654,660 |
| Retained profit | € 1,477,119 | € 1,329,077 | ▼ 10% |
| Dividend | € 0 | € 750,000 | |
| Balance sheet total | € 1,806,659 | € 3,105,590 | ▲ 72% |
| Employees (FTE) | 1 | 0 | ▼ 1 |
Key figures of ETHOS OCEAN, fiscal years 2024 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 ETHOS OCEAN?
What happened at ETHOS OCEAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 601,958. Source: NBB ↗
- 4TORRE BV became a director. NBB
- CEGU became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Guido Declercq became a director. NBB
- Lunasol Polaris BV became a director. NBB
In short
From € 104,481 loss in 2024 to € 601,958 profit in 2025.
Paid € 502 in corporate taxes since 2024.
Best year ever: 2025, with € 601,958 profit.
Paid out € 750,000 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
The stake of DEBOFIN, INFO-B comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETHOS OCEANBehind ETHOS OCEAN are 4TORRE BV, CEGU, Guido Declercq and Lunasol Polaris BV. The shares are held by DEBOFIN (90%) and INFO-B (10%). It owns 25% of Luna Bulk III AS, 11.3% of Green Feeders AS, 10.3% of Luna Discovery AS and 10% of ATLANTIC GAS III AS itself.
Directors
According to the 2025 annual accounts
Director · represented by Simon Synaeghel
since 2025
Director · represented by Dirk Eelbode
since 2025
Guido Declercq
Chairman of the board
Also active at: Maatschappij voor Aankoop en Verkoop van Immobiliën, NIEUWPOORTSE BOUWMAATSCHAPPIJ, FABIOLA, POSEIDON, DEBOFIN, PARTNERS@VENTURE, FLOWSPARKS
since 2023
Managing director · represented by Luc Synaeghel
Also active at: PARTNERS@VENTURE, LUNAMAN, LONG NELLE, SEASTAR SHIPPING
since 2023
Participations
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 48 box 5
9830 Sint-Martens-Latem
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A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.533.492
- VAT number
- BE 1003.533.492
- Registered office
- Kortrijksesteenweg 48 bus 5, 9830 Sint-Martens-Latem
- Names & denominations
- ETHOS OCEAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2023
- Peppol
- Active · Active since 27 Mar 2025