ACTIVE

NORTH BAY

Financial year 2025 · closed on 31/12/2025
Net result
-85,2 k €
-13.6% YoY
Gross margin
11,8 k €
+155.9% YoY
Equity
80,9 k €
-51.3% YoY

What does NORTH BAY do?

NORTH BAY is a Public limited company incorporated in 2015. Its main activity is: Buying and selling of own real estate. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0628.737.568
Incorporation
20/04/2015
Legal form
Public limited company
Registered office
Hagedoornlaan 7
2610 Antwerpen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin11,8 k €-21 k €-8 k €-20 k €342,1 k €694 k €-13,5 k €-16,1 k €-107,5 k €914,8 k €126,3 k €
EBITDA-8,6 k €-47,7 k €-27,2 k €-31,6 k €341,3 k €693,5 k €-14,6 k €-17,1 k €-108,6 k €907,6 k €34,4 k €
Operating result-84,4 k €-73,4 k €-29,2 k €-31,6 k €341,3 k €693,5 k €-13,9 k €-17,8 k €-108,6 k €907,6 k €34,4 k €
Net result-85,2 k €-75 k €-29,9 k €-241,1 k €255,5 k €547,5 k €-14,9 k €-18,2 k €-111,9 k €588,1 k €-1 k €
Balance sheet
Equity80,9 k €166 k €241 k €270,9 k €512 k €512,7 k €-34,9 k €-20 k €-1,8 k €110,1 k €99 k €
Total assets10,5 M €9,4 M €7,7 M €7,5 M €2,3 M €3,7 M €214,7 k €9,9 k €58,6 k €1,3 M €1,2 M €
Cash14,4 k €8,1 k €17,5 k €10,4 k €30,3 k €534,7 k €2,8 k €6,7 k €5,1 k €866,6 k €12,1 k €
Debts9,4 M €8,6 M €7,1 M €7,1 M €1,8 M €3,1 M €248,9 k €29,9 k €60,5 k €1,2 M €1,1 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

EDGICA

Director · since 23 avril 2024 · until 07 juin 2030 · 0474.484.309

Represented by Eddy VAN ARWEGEN

Active
EQUINOXE INVESTMENTS

Chairman of the board of directors · since 23 avril 2024 · until 07 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Active
GIRAPH INVEST

Director · since 23 avril 2024 · until 07 juin 2030 · 0805.237.481

Represented by Bob CANTENS

Active

Ended mandates

EQUINOXE INVESTMENTS

Chairman of the board of directors · since 23 avril 2024 · until 07 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Ended
EDGICA

Managing director · since 16 mai 2023 · until 04 juin 2027 · 0474.484.309

Represented by Eddy VAN ARWEGEN

Ended
EQUINOXE INVESTMENTS

Director · since 16 mai 2023 · until 04 juin 2027 · 0478.968.479

Represented by Francis HENDRICKX

Ended
AANNEMINGEN VERELST

Director · since 04 juin 2021 · until 16 mai 2023 · 0896.183.196

Represented by Johan VERTONGEN

Ended
At this address

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HEFRA PROJECTSActive
1032.020.711
HenasActive
0668.424.723
IMMO BLOKHUISActive
0536.233.519
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 date27/07/202629/09/202504/07/202431/08/202327/07/202202/07/2021
General meeting30/06/202619/09/202507/06/202404/08/202330/06/202204/06/2021
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
Abridged model31/12/202530/06/202627/07/2026DutchPDF
Abridged model31/12/202419/09/202529/09/2025DutchPDF
Abridged model31/12/202307/06/202404/07/2024DutchPDF
Abridged model31/12/202204/08/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202227/07/2022DutchPDF
Abridged model31/12/202004/06/202102/07/2021DutchPDF
Abridged model31/12/201925/06/202017/08/2020DutchPDF
Abridged model31/12/201827/06/201928/08/2019DutchPDF
Abridged model31/12/201701/06/201814/06/2018DutchPDF
Abridged model31/12/201602/06/201710/07/2017DutchPDF
Abridged model31/12/201503/06/201608/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 24 ended

Active mandates

EDGICA

Director · since 23 avril 2024 · until 07 juin 2030 · 0474.484.309

Represented by Eddy VAN ARWEGEN

Active
EQUINOXE INVESTMENTS

Chairman of the board of directors · since 23 avril 2024 · until 07 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Active
GIRAPH INVEST

Director · since 23 avril 2024 · until 07 juin 2030 · 0805.237.481

Represented by Bob CANTENS

Active

Ended mandates

EQUINOXE INVESTMENTS

Chairman of the board of directors · since 23 avril 2024 · until 07 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Ended
EDGICA

Managing director · since 16 mai 2023 · until 04 juin 2027 · 0474.484.309

Represented by Eddy VAN ARWEGEN

Ended
EQUINOXE INVESTMENTS

Director · since 16 mai 2023 · until 04 juin 2027 · 0478.968.479

Represented by Francis HENDRICKX

Ended
AANNEMINGEN VERELST

Director · since 04 juin 2021 · until 16 mai 2023 · 0896.183.196

Represented by Johan VERTONGEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office27/07/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/05/2024
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2016
    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 2025-85,2 k €
  2. 2024
    Annual accounts 2024-75 k €
  3. 2023
    Annual accounts 2023-29,9 k €
  4. 2023
    Name changeNORTH BAY
  5. 2022
    Annual accounts 2022-241,1 k €
  6. 2022
    Name changeNOORDKUST BUSINESS PARK
  7. 2021
    Annual accounts 2021255,5 k €
  8. 2021
    Name changeEKE REAL ESTATE PROJECT
  9. 2020
    Annual accounts 2020547,5 k €
  10. 2019
    Annual accounts 2019-14,9 k €
  11. 2018
    Annual accounts 2018-18,2 k €
  12. 2017
    Annual accounts 2017-111,9 k €
  13. 2016
    Annual accounts 2016588,1 k €
  14. 2015
    Annual accounts 2015-1 k €
  15. 20/04/2015
    IncorporationPublic limited company