ACTIVE

SCHIPPERSKAAI DEVELOPMENT (SA)

Financial year 2025 · closed on 31/12/2025
Net result
1,9 M €
+205.6% YoY
Revenue
16,1 M €
+32.4% YoY
Equity
-902,1 k €
+67.9% YoY

What does SCHIPPERSKAAI DEVELOPMENT do?

SCHIPPERSKAAI DEVELOPMENT is a Public limited company incorporated in 2014. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0561.986.722
Incorporation
15/09/2014
Legal form
Public limited company
Registered office
Poortakkerstraat 94
9051 Gent · FlandreSee on map
Contributed capital
90 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue16,1 M €12,1 M €5,9 M €13,8 M €14,4 M €9,1 M €15,9 M €5 M €3,6 M €
EBITDA1,9 M €657,7 k €-975,6 k €330,4 k €1,7 M €-482,6 k €-56,7 k €-67,4 k €-531,2 k €-250,1 k €-205,9 k €
Operating result2,1 M €934,6 k €-1,2 M €531,1 k €1,3 M €-260,8 k €-45,3 k €-405,2 k €-535,2 k €-250,1 k €-207,5 k €
Net result1,9 M €624,3 k €-1,8 M €231,2 k €940,1 k €-692,3 k €-277,9 k €-732,8 k €-622,9 k €-315,2 k €-237,8 k €
Balance sheet
Equity-902,1 k €-2,8 M €-3,4 M €-1,6 M €-1,8 M €-2,8 M €-2,1 M €-1,8 M €-1,1 M €-463 k €-147,8 k €
Total assets11 M €15 M €13,2 M €13,2 M €17 M €18,4 M €14,7 M €10,8 M €4,3 M €1,9 M €956 k €
Cash4,1 M €1,2 M €4,7 M €4,2 M €4,1 M €7,1 M €1,2 M €1,8 M €182,6 k €132,8 k €105,8 k €
Debts11,9 M €17,9 M €16,6 M €14,8 M €18,9 M €21,1 M €16,8 M €12,7 M €5,4 M €2,4 M €1,1 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 29 ended

Active mandates

Yoda

Director · since 21 novembre 2025 · 1028.119.925

Represented by Filip Deprez

Active
PONTO

Director · since 16 août 2025 · until 21 novembre 2025 · 0474.765.708

Represented by Peter Gestels

Active
Eddy Cox

Director · since 30 juin 2020

Active
LUMA REAL ESTATE

Director · since 30 juin 2020 · until 16 août 2025 · 0844.058.168

Represented by Bert Grugeon

Active
MASITI

Director · since 30 juin 2020 · 0479.826.039

Represented by Lode Waes

Active
Robert Hoornaert

Director · since 30 juin 2020

Active

Ended mandates

LUMA REAL ESTATE

Director · since 30 juin 2020 · 0844.058.168

Represented by Bert Grugeon

Ended
LUMA REAL ESTATE

Director · since 30 juin 2020 · 0844.058.168

Represented by Bert Grugeon

Ended
MASITI

Director · since 30 juin 2020 · 0479.826.039

Represented by Lode Waes

Ended
PONTO

Director · since 01 janvier 2020 · 0474.765.708

Represented by Peter Gestels

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date07/07/202601/07/202517/06/202419/06/202315/06/202214/06/2021
General meeting18/05/202608/05/202513/05/202411/05/202312/05/202217/05/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202607/07/2026DutchPDF
Full model31/12/202408/05/202501/07/2025DutchPDF
Full model31/12/202313/05/202417/06/2024DutchPDF
Full model31/12/202211/05/202319/06/2023DutchPDF
Full model31/12/202112/05/202215/06/2022DutchPDF
Full model31/12/202017/05/202114/06/2021DutchPDF
Full model31/12/201914/05/202026/06/2020DutchPDF
Full model31/12/201809/05/201925/06/2019DutchPDF
Full model31/12/201711/05/201822/06/2018DutchPDF
Full model31/12/201611/05/201728/06/2017DutchPDF
Full model31/12/201512/05/201606/07/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 6 active · 29 ended

Active mandates

Yoda

Director · since 21 novembre 2025 · 1028.119.925

Represented by Filip Deprez

Active
PONTO

Director · since 16 août 2025 · until 21 novembre 2025 · 0474.765.708

Represented by Peter Gestels

Active
Eddy Cox

Director · since 30 juin 2020

Active
LUMA REAL ESTATE

Director · since 30 juin 2020 · until 16 août 2025 · 0844.058.168

Represented by Bert Grugeon

Active
MASITI

Director · since 30 juin 2020 · 0479.826.039

Represented by Lode Waes

Active
Robert Hoornaert

Director · since 30 juin 2020

Active

Ended mandates

LUMA REAL ESTATE

Director · since 30 juin 2020 · 0844.058.168

Represented by Bert Grugeon

Ended
LUMA REAL ESTATE

Director · since 30 juin 2020 · 0844.058.168

Represented by Bert Grugeon

Ended
MASITI

Director · since 30 juin 2020 · 0479.826.039

Represented by Lode Waes

Ended
PONTO

Director · since 01 janvier 2020 · 0474.765.708

Represented by Peter Gestels

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/08/2025
    DIVERSEN
    PDF
  • Mandates21/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2020
    ONTSLAGEN - BENOEMINGEN
    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 20251,9 M €
  2. 2024
    Annual accounts 2024624,3 k €
  3. 2023
    Annual accounts 2023-1,8 M €
  4. 2022
    Annual accounts 2022231,2 k €
  5. 2021
    Annual accounts 2021940,1 k €
  6. 2020
    Annual accounts 2020-692,3 k €
  7. 2019
    Annual accounts 2019-277,9 k €
  8. 2018
    Annual accounts 2018-732,8 k €
  9. 2017
    Annual accounts 2017-622,9 k €
  10. 2016
    Annual accounts 2016-315,2 k €
  11. 2015
    Annual accounts 2015-237,8 k €
  12. 15/09/2014
    IncorporationPublic limited company