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
SEASTAR SHIPPING from Sint-Martens-Latem, company number BE1003535274, closed financial year 2025 with a result of € 184,115 after tax. For that financial year SEASTAR SHIPPING recorded a gross margin of € -121,970 and equity of € 6.9 million. Compared with financial year 2024, the result moved from € 810,984 to € 184,115. 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 July 3, 2026.
€ 6.9 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,115
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 272,804
▲ 42% 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 € 3.1 million.
People and assets in 2025
0
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.
€ 37,389
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -197,598 | € -121,970 | ▲ € 75,628 |
| Profit after taxes | € 810,984 | € 184,115 | ▼ 77% |
| Equity | € 5,798,082 | € 6,882,197 | ▲ 19% |
| Total debts | € 36,709 | € 37,389 | ▲ 2% |
| Cash | € 191,719 | € 272,804 | ▲ 42% |
| Retained profit | € 2,910,805 | € 3,094,921 | ▲ 6% |
| Balance sheet total | € 5,834,791 | € 6,919,586 | ▲ 19% |
Key figures of SEASTAR SHIPPING, 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 SEASTAR SHIPPING?
What happened at SEASTAR SHIPPING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 184,115 (▼ 77% vs 2024). Source: NBB ↗
- Michael Van Cauwenberge became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Seastar capital BV became a director. NBB
- Lunasol Polaris BV became a director. NBB
In short
From € 810,984 profit in 2024 to € 184,115 profit in 2025.
Best year ever: 2024, with € 810,984 profit.
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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 SEASTAR CAPITAL, INFO-B comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEASTAR SHIPPINGBehind SEASTAR SHIPPING are Seastar capital BV, Michael Van Cauwenberge and Lunasol Polaris BV. The shares are held by SEASTAR CAPITAL (90%) and INFO-B (10%). It owns 37.5% of Luna BULK III AS, 28.8% of Italida Navigation LP, 28.5% of Luna Sound AS, 10.5% of LUNA PSV AS, 10% of Atlantica Supplier and Luna Discovery AS itself.
Directors
According to the 2025 annual accounts
Director · represented by Joost Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
since 2023
Michael Van Cauwenberge
Director
since 2025
Director · represented by Luc Synaeghel
Also active at: PARTNERS@VENTURE, LUNAMAN, LONG NELLE, ETHOS OCEAN
since 2023
Shareholders
90%
10%
Participations
37.5%
28.8%
28.5%
10.5%
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 48 box 5
9830 Sint-Martens-Latem
Who else lives here?
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
- 1003.535.274
- VAT number
- BE 1003.535.274
- Registered office
- Kortrijksesteenweg 48 bus 5, 9830 Sint-Martens-Latem
- Names & denominations
- SEASTAR SHIPPING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2023
- Peppol
- Active · Active since 27 Mar 2025