ACTIVE

NORTH SEA_OFFSHORE RENEWABLES

Financial year 2025 · Closed on 31/12/2025

Net result-6,1 M €-46 919,3 %over 1 year
Gross margin-6 M €-52 500,8 %over 1 year
Equity-6,1 M €-12 667,5 %over 1 year

Identity

Source · BCE/KBO

NORTH SEA_OFFSHORE RENEWABLES is a Public limited company incorporated in 2023. Its main activity is: Production of electricity. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0804.696.756
Incorporation
09/08/2023
Legal form
Public limited company
Registered office
Kuipweg 13
8400 Oostende · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20252024
Income statement
Gross margin-6 M €-11,4 k €
EBITDA-6 M €-12,3 k €
Operating result-6 M €-12,7 k €
Net result-6,1 M €-13,1 k €
Balance sheet
Equity-6,1 M €48,4 k €
Total assets503,8 k €57,2 k €
Cash229,2 k €54,2 k €
Debts6,4 M €8,8 k €

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

Didier Albert Philip KETERS

Director · since 09 août 2023 · until 25 mai 2029

Active
Frederik Gilbert SNOECK

Director · since 09 août 2023 · until 25 mai 2029

Active
Nico BUEDTS

Director · since 09 août 2023 · until 25 mai 2029

Active
Pierre-Arthur Maurice LESTRADE

Director · since 09 août 2023 · until 25 mai 2029

Active

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Full financial information

Source · NBB
20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202509/08/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months17 months
Filing date08/06/202629/08/2025
General meeting29/05/202630/05/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202608/06/2026DutchPDF
Abridged model31/12/202430/05/202529/08/2025DutchPDF

Indicative valuation

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.

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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

Active mandates

Didier Albert Philip KETERS

Director · since 09 août 2023 · until 25 mai 2029

Active
Frederik Gilbert SNOECK

Director · since 09 août 2023 · until 25 mai 2029

Active
Nico BUEDTS

Director · since 09 août 2023 · until 25 mai 2029

Active
Pierre-Arthur Maurice LESTRADE

Director · since 09 août 2023 · until 25 mai 2029

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/01/2025
    Benoeming commissaris
    PDF
  • Other11/08/2023
    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 2025-6,1 M €↓
  2. 2024
    Annual accounts 2024-13,1 k €
  3. 09/08/2023
    IncorporationPublic limited company