ACTIVE

NORTH SEA PAINTS

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Financial year 2025 · Closed on 31/12/2025

Net result48,7 k €-23,5 %over 1 year
Gross margin116 k €+26,7 %over 1 year
Equity733,6 k €+7,1 %over 1 year

Identity

Source · BCE/KBO

NORTH SEA PAINTS is a Private limited company incorporated in 1990. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.519.065
Incorporation
16/05/1990
Legal form
Private limited company
Registered office
Heerweg 10
8400 Oostende · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin116 k €91,5 k €88,1 k €11,5 k €15,6 k €
EBITDA106,7 k €66 k €63,6 k €-40 k €-2,9 k €
Operating result66 k €26,4 k €26,1 k €-77,6 k €-31,5 k €
Net result48,7 k €63,6 k €27,5 k €-121,7 k €-35,6 k €
Balance sheet
Equity733,6 k €684,9 k €621,2 k €593,7 k €715,5 k €
Total assets735,9 k €719,1 k €741,8 k €918,5 k €3,2 M €
Cash135,6 k €207,3 k €215,7 k €506,5 k €298,9 k €
Debts2,4 k €34,2 k €36,8 k €240,9 k €2,4 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

PROVENTUS MANAGEMENT & CONSULTANCY

Director · since 28 septembre 2007 · 0474.855.481

Represented by Raphaël Theuwissen

Active

Ended mandates

PROVENTUS MANAGEMENT & CONSULTANCY

Director · since 07 juin 2011 · 0474.855.481

Represented by Management & Consultancy BVBA Proventus

Ended
PROVENTUS MANAGEMENT & CONSULTANCY

Manager · since 07 juin 2011 · 0474.855.481

Represented by Management & Consultancy BVBA Proventus

Ended
PROVENTUS MANAGEMENT & CONSULTANCY

Manager · since 07 juin 2011 · 0474.855.481

Represented by Raphaël Theuwissen

Ended
C.A.P.E.

Director · since 22 novembre 2007 · 0890.338.947

Represented by Management & Consultancy BVBA Proventus

Ended

Other companies at this address

Heerweg 10 8400 Oostende
CompanyCBE no.
Advanced European Coatings● Active
0739.729.225
BTW-EENHEID NSP BELGIË● Active
0642.802.667
CAPE COATING LIMBURG● Active
0812.242.465
NORTH SEA PAINTS WEST-VLAANDEREN● Active
0812.240.089

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date27/07/202618/08/202515/07/202411/08/202328/07/202228/07/2021
General meeting06/06/202607/06/202501/06/202403/06/202304/06/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/06/202627/07/2026DutchPDF
Abridged model31/12/202407/06/202518/08/2025DutchPDF
Abridged model31/12/202301/06/202415/07/2024DutchPDF
Abridged model31/12/202203/06/202311/08/2023DutchPDF
Micro model31/12/202104/06/202228/07/2022DutchPDF
Micro model31/12/202005/06/202128/07/2021DutchPDF
Micro model31/12/201906/06/202028/07/2020DutchPDF
Micro model31/12/201801/06/201901/07/2019DutchPDF
Micro model31/12/201730/06/201827/07/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201504/06/201631/08/2016DutchPDF
Abridged model31/12/201406/06/201510/08/2015DutchPDF
Abridged model31/12/201307/06/201421/08/2014DutchPDF
Abridged model31/12/201201/06/201327/08/2013DutchPDF
Abridged model31/12/201102/06/201213/08/2012DutchPDF
Abridged model31/12/201004/06/201131/08/2011DutchPDF
Abridged model31/12/200905/06/201004/08/2010DutchPDF
Abridged model31/12/200806/06/200920/08/2009DutchPDF
Abridged model30/06/200715/12/200731/01/2008DutchPDF
Abridged model30/06/200616/12/200616/01/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

PROVENTUS MANAGEMENT & CONSULTANCY

Director · since 28 septembre 2007 · 0474.855.481

Represented by Raphaël Theuwissen

Active

Ended mandates

PROVENTUS MANAGEMENT & CONSULTANCY

Director · since 07 juin 2011 · 0474.855.481

Represented by Management & Consultancy BVBA Proventus

Ended
PROVENTUS MANAGEMENT & CONSULTANCY

Manager · since 07 juin 2011 · 0474.855.481

Represented by Management & Consultancy BVBA Proventus

Ended
PROVENTUS MANAGEMENT & CONSULTANCY

Manager · since 07 juin 2011 · 0474.855.481

Represented by Raphaël Theuwissen

Ended
C.A.P.E.

Director · since 22 novembre 2007 · 0890.338.947

Represented by Management & Consultancy BVBA Proventus

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/05/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2007
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

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 202548,7 k €↓
  2. 2024
    Annual accounts 202463,6 k €↑
  3. 2023
    Annual accounts 202327,5 k €↑
  4. 2022
    Annual accounts 2022-121,7 k €↓
  5. 2021
    Annual accounts 2021-35,6 k €↓
  6. 2020
    Annual accounts 2020243,5 k €↑
  7. 2019
    Annual accounts 201954,1 k €↓
  8. 2018
    Annual accounts 201871,9 k €↓
  9. 2017
    Annual accounts 201782,8 k €↑
  10. 2016
    Annual accounts 201670,8 k €↑
  11. 2015
    Annual accounts 201531,9 k €↓
  12. 2014
    Annual accounts 2014250,6 k €↑
  13. 2013
    Annual accounts 2013158,1 k €↓
  14. 2012
    Annual accounts 2012159,6 k €↑
  15. 2011
    Annual accounts 2011108,1 k €↓
  16. 2010
    Annual accounts 2010108,3 k €↓
  17. 2009
    Annual accounts 2009109,3 k €↓
  18. 2008
    Annual accounts 2008694,5 k €↑
  19. 2007
    Annual accounts 2007248,5 k €
  20. 16/05/1990
    IncorporationPrivate limited company