ACTIVE

FJORD REAL ESTATE DEVELOPMENT

Financial year 2025 · Closed on 31/12/2025

Net result11,9 k €-82,0 %over 1 year
Gross margin77,9 k €-49,6 %over 1 year
Equity-10,1 k €+54,1 %over 1 year
Workforce0,8 ETP-38,5 %over 1 year

Identity

Source · BCE/KBO

FJORD REAL ESTATE DEVELOPMENT is a Private limited company incorporated in 2020. Its main activity is: Real estate agencies. Its registered office is in Brugge. It employs on average 0,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0755.460.249
Incorporation
30/09/2020
Legal form
Private limited company
Registered office
Monnikenwerve 17-19
8000 Brugge · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Joint committees (1)
  • 323
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin77,9 k €154,5 k €-121,5 k €169,7 k €-107,8 k €
EBITDA43,4 k €109,2 k €-125,2 k €152 k €-115,1 k €
Operating result14 k €70,8 k €-144,5 k €141,3 k €-126,4 k €
Net result11,9 k €66,3 k €-148,3 k €114,1 k €-134,1 k €
Balance sheet
Equity-10,1 k €-22 k €-88,3 k €60 k €-34,1 k €
Total assets231,8 k €834,7 k €942,8 k €919,6 k €534,7 k €
Cash7,5 k €17,7 k €122,4 k €620,6 k €13,5 k €
Debts241,9 k €856,7 k €1 M €859,6 k €568,7 k €
Other
Workforce0,8 ETP1,3 ETP0,2 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

SEA SIDE INVESTMENT COMPANY

Managing director · since 01 décembre 2022 · until 30 novembre 2028 · 0871.025.653

Represented by Aline VERBEKE

Active
Michiel Deman

Director · since 01 mars 2022 · until 28 février 2028

Active
ABZ

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0698.891.532

Represented by Artour BEZDENEJNYKH

Active
BRUSSELS DEVELOPMENT COMPANY

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0735.665.519

Represented by Joachim DEBUCQUOY

Active

Ended mandates

Nico Standaert

Director · since 01 décembre 2022 · until 30 novembre 2028

Ended
Louis Galle

Director · since 01 mars 2022 · until 28 février 2028

Ended
A+

Director · since 29 septembre 2020 · until 08 mai 2026 · 0505.975.853

Represented by Mathieu VANCANNEYT

Ended
A+

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0505.975.853

Represented by Mathieu VANCANNEYT

Ended

Other companies at this address

Monnikenwerve 17-19 8000 Brugge
CompanyCBE no.
0831.759.855
0477.454.784
0795.423.655
0678.537.566
0552.534.170
0735.665.519
0459.438.421
DORMA HUPPE● Active
0407.204.713
0455.986.706
EXCELSIOR IC● Active
0746.723.816
1007.015.396
0678.421.265
0687.872.827
0801.421.324
0845.017.280
0670.958.896
0405.286.982
1007.009.260
FIRENZE● Liquidation
0446.033.120
HOLIDAY SUITES● Active
0834.230.286

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202230/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date14/05/202630/06/202501/07/202414/07/202313/07/2022
General meeting08/05/202630/06/202527/06/202414/07/202312/07/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/05/202614/05/2026DutchPDF
Abridged model31/12/202430/06/202530/06/2025DutchPDF
Abridged model31/12/202327/06/202401/07/2024DutchPDF
Abridged model31/12/202214/07/202314/07/2023DutchPDF
Abridged model31/12/202112/07/202213/07/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

SEA SIDE INVESTMENT COMPANY

Managing director · since 01 décembre 2022 · until 30 novembre 2028 · 0871.025.653

Represented by Aline VERBEKE

Active
Michiel Deman

Director · since 01 mars 2022 · until 28 février 2028

Active
ABZ

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0698.891.532

Represented by Artour BEZDENEJNYKH

Active
BRUSSELS DEVELOPMENT COMPANY

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0735.665.519

Represented by Joachim DEBUCQUOY

Active

Ended mandates

Nico Standaert

Director · since 01 décembre 2022 · until 30 novembre 2028

Ended
Louis Galle

Director · since 01 mars 2022 · until 28 février 2028

Ended
A+

Director · since 29 septembre 2020 · until 08 mai 2026 · 0505.975.853

Represented by Mathieu VANCANNEYT

Ended
A+

Managing director · since 29 septembre 2020 · until 08 mai 2026 · 0505.975.853

Represented by Mathieu VANCANNEYT

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/02/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/10/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202511,9 k €↓
  2. 2024
    Annual accounts 202466,3 k €↑
  3. 2023
    Annual accounts 2023-148,3 k €↓
  4. 2022
    Annual accounts 2022114,1 k €↑
  5. 2021
    Annual accounts 2021-134,1 k €
  6. 30/09/2020
    IncorporationPrivate limited company