ACTIVE

Royal Belgian Sailing Club (SE)

Financial year 2025 · closed on 31/12/2025
Net result
-26,6 k €
-122.6% YoY
Gross margin
1 M €
+13.1% YoY
Equity
4,2 M €
-0.6% YoY
Workforce
9,3 ETP
+14.8% YoY

What does Royal Belgian Sailing Club do?

Royal Belgian Sailing Club is a Non-profit organization incorporated in 1953. Its main activity is: Warehousing and storage. Its registered office is in Knokke-Heist. It employs on average 9,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.592.090
Incorporation
01/01/1953
Legal form
Non-profit organization
Registered office
Zeedijk-Duinbergen 430 box A
8301 Knokke-Heist · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
9,3 ETP
Joint committees (1)
  • 32901
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1 M €914,9 k €914,1 k €1 M €2,4 M €1,2 M €986,8 k €1 M €862,7 k €787,4 k €900,6 k €961,3 k €984,6 k €925,9 k €952,7 k €998,4 k €844 k €753,8 k €895 k €
EBITDA405,8 k €357,5 k €383,6 k €383,5 k €1,8 M €560,2 k €357,8 k €376 k €293,1 k €206,2 k €304,5 k €318,1 k €295 k €246,3 k €266,8 k €364,4 k €189,6 k €39,4 k €318,2 k €
Operating result-40,1 k €18,3 k €143,7 k €177,5 k €1,6 M €326,2 k €109,5 k €123,2 k €42 k €-51,8 k €58,6 k €71,6 k €9,8 k €-10,4 k €-2 k €139,7 k €5,2 k €-160,4 k €93 k €
Net result-26,6 k €117,4 k €457,9 k €80,8 k €1,5 M €285,4 k €76,7 k €82,1 k €-3,3 k €-40,3 k €11,4 k €-29,7 k €-17,3 k €73,5 k €111 k €84,9 k €-31,3 k €-179,2 k €53,1 k €
Balance sheet
Equity4,2 M €4,2 M €4,1 M €3,7 M €3,6 M €2,1 M €1,8 M €1,7 M €1,6 M €1,6 M €1,5 M €1,5 M €1,5 M €1,5 M €1,4 M €1,3 M €1,2 M €1,3 M €1,4 M €
Total assets6,5 M €6,8 M €6,5 M €5,7 M €5,8 M €3,5 M €3,4 M €3,3 M €3,5 M €3,5 M €3,3 M €3,3 M €3,7 M €4,2 M €3,3 M €2,6 M €2,2 M €2,4 M €2,2 M €
Cash179,8 k €140,3 k €69,6 k €250,9 k €536,2 k €454,5 k €168,7 k €79,3 k €43,3 k €62,8 k €90,7 k €85,5 k €62 k €124,3 k €709,6 k €351,1 k €94,1 k €115,1 k €41,7 k €
Debts358,4 k €615,5 k €580,6 k €270,2 k €388,5 k €1,3 M €1,5 M €1,5 M €1,6 M €1,8 M €1,7 M €1,7 M €1,9 M €2,3 M €1,4 M €809,4 k €584,8 k €663,4 k €574,9 k €
Other
Workforce9,3 ETP8,1 ETP9,4 ETP22,8 ETP26,8 ETP23,6 ETP29,3 ETP27,5 ETP26,2 ETP26,0 ETP24,6 ETP28,5 ETP25,9 ETP26,3 ETP25,5 ETP25,3 ETP23,5 ETP26,9 ETP19,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 69 ended

Active mandates

Maxime Parein

Director · since 26 avril 2025 · until 28 avril 2029

Active
Jean Vanhoebost

Director · since 27 avril 2024 · until 22 avril 2028

Active
Mathieu Cardinael

Director · since 27 avril 2024 · until 22 avril 2028

Active
Bart Strubbe

Director · since 25 avril 2022 · until 25 avril 2026

Active
Chantal Parisis

Director · since 25 avril 2022 · until 25 avril 2026

Active
Matthieu Janssens De Bisthoven

Director · since 25 avril 2022 · until 25 avril 2026

Active
Nick Moerman

Director · since 25 avril 2022 · until 25 avril 2026

Active

Ended mandates

Jean Vanhoebost

Director · since 27 avril 2024 · until 29 avril 2028

Ended
Mathieu Cardinael

Director · since 27 avril 2024 · until 29 avril 2028

Ended
Carl Sabbe

Director · since 25 avril 2022 · until 25 avril 2026

Ended
Jean Vanhoebost

Director · since 25 avril 2022 · until 25 avril 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
1031.882.535
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202622/07/202516/07/202412/06/202331/05/202218/05/2021
General meeting25/04/202626/04/202527/04/202422/04/202323/04/202224/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/04/202613/07/2026DutchPDF
Abridged model31/12/202426/04/202522/07/2025DutchPDF
Abridged model31/12/202327/04/202416/07/2024DutchPDF
Abridged model31/12/202222/04/202312/06/2023DutchPDF
Abridged model31/12/202123/04/202231/05/2022DutchPDF
Abridged model31/12/202024/04/202118/05/2021DutchPDF
Abridged model31/12/201926/05/202003/06/2020DutchPDF
Abridged model31/12/201830/03/201921/05/2019DutchPDF
Abridged model31/12/201721/04/201825/04/2018DutchPDF
Abridged model31/12/201606/05/201731/08/2017DutchPDF
Abridged model31/12/201523/04/201629/07/2016DutchPDF
Abridged model31/12/201425/04/201531/08/2015DutchPDF
Abridged model31/12/201326/04/201423/05/2014DutchPDF
Abridged model31/12/201220/04/201316/05/2013DutchPDF
Abridged model31/12/201105/05/201221/05/2012DutchPDF
Abridged model31/12/201007/05/201127/05/2011DutchPDF
Abridged model31/12/200924/04/201019/05/2010DutchPDF
Abridged model31/12/200825/04/200911/05/2009DutchPDF
Abridged model31/12/200719/04/200813/05/2008DutchPDF
Abridged model31/12/200624/03/200728/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 69 ended

Active mandates

Maxime Parein

Director · since 26 avril 2025 · until 28 avril 2029

Active
Jean Vanhoebost

Director · since 27 avril 2024 · until 22 avril 2028

Active
Mathieu Cardinael

Director · since 27 avril 2024 · until 22 avril 2028

Active
Bart Strubbe

Director · since 25 avril 2022 · until 25 avril 2026

Active
Chantal Parisis

Director · since 25 avril 2022 · until 25 avril 2026

Active
Matthieu Janssens De Bisthoven

Director · since 25 avril 2022 · until 25 avril 2026

Active
Nick Moerman

Director · since 25 avril 2022 · until 25 avril 2026

Active

Ended mandates

Jean Vanhoebost

Director · since 27 avril 2024 · until 29 avril 2028

Ended
Mathieu Cardinael

Director · since 27 avril 2024 · until 29 avril 2028

Ended
Carl Sabbe

Director · since 25 avril 2022 · until 25 avril 2026

Ended
Jean Vanhoebost

Director · since 25 avril 2022 · until 25 avril 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/07/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/05/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-26,6 k €
  2. 2024
    Annual accounts 2024117,4 k €
  3. 2023
    Annual accounts 2023457,9 k €
  4. 2022
    Annual accounts 202280,8 k €
  5. 2022
    Name changeRBSC
  6. 2021
    Annual accounts 20211,5 M €
  7. 2020
    Annual accounts 2020285,4 k €
  8. 2019
    Annual accounts 201976,7 k €
  9. 2018
    Annual accounts 201882,1 k €
  10. 2017
    Annual accounts 2017-3,3 k €
  11. 2016
    Annual accounts 2016-40,3 k €
  12. 2015
    Annual accounts 201511,4 k €
  13. 2014
    Annual accounts 2014-29,7 k €
  14. 2013
    Annual accounts 2013-17,3 k €
  15. 2012
    Annual accounts 201273,5 k €
  16. 2011
    Annual accounts 2011111 k €
  17. 2010
    Annual accounts 201084,9 k €
  18. 2009
    Annual accounts 2009-31,3 k €
  19. 2008
    Annual accounts 2008-179,2 k €
  20. 2007
    Annual accounts 200753,1 k €
  21. 2007
    Name changeRoyal Belgian Sailing Club
  22. 01/01/1953
    IncorporationNon-profit organization