ACTIVE

ETHOS OCEAN

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Financial year 2025 · closed on 31/12/2025
Net result
602 k €
+676.1% YoY
Gross margin
-126,5 k €
-79.5% YoY
Equity
2,3 M €
+31.2% YoY
Workforce
0,0 ETP
-100.0% YoY

What does ETHOS OCEAN do?

ETHOS OCEAN is a Private limited company incorporated in 2023. Its registered office is in Sint-Martens-Latem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1003.533.492
Incorporation
18/12/2023
Legal form
Private limited company
Registered office
Kortrijksesteenweg 48 box 5
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
991 699,26 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin-126,5 k €-70,5 k €
EBITDA-155,9 k €-238,3 k €
Operating result-155,9 k €-238,5 k €
Net result602 k €-104,5 k €
Balance sheet
Equity2,3 M €1,8 M €
Total assets3,1 M €1,8 M €
Cash778,6 k €123,9 k €
Debts784,8 k €37,8 k €
Other
Workforce0,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 2 ended

Active mandates

4TORRE

Director · since 18 juillet 2025 · 1001.537.371

Represented by Simon Synaeghel

Active
CEGU

Director · since 18 juillet 2025 · 1001.390.683

Represented by Dirk Eelbode

Active
Guido Declercq

Chairman of the board of directors · since 15 décembre 2023

Active
Lunasol Polaris

Managing director · since 15 décembre 2023 · 0779.322.348

Represented by Luc Synaeghel

Active

Ended mandates

Guido Declercq

Director · since 15 décembre 2023

Ended
Lunasol Polaris

Director · since 15 décembre 2023 · 0779.322.348

Represented by Luc SYNAEGHEL

Ended
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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202515/12/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months13 months
Filing date14/07/202610/07/2025
General meeting12/06/202613/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202614/07/2026DutchPDF
Abridged model31/12/202413/06/202510/07/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 2 ended

Active mandates

4TORRE

Director · since 18 juillet 2025 · 1001.537.371

Represented by Simon Synaeghel

Active
CEGU

Director · since 18 juillet 2025 · 1001.390.683

Represented by Dirk Eelbode

Active
Guido Declercq

Chairman of the board of directors · since 15 décembre 2023

Active
Lunasol Polaris

Managing director · since 15 décembre 2023 · 0779.322.348

Represented by Luc Synaeghel

Active

Ended mandates

Guido Declercq

Director · since 15 décembre 2023

Ended
Lunasol Polaris

Director · since 15 décembre 2023 · 0779.322.348

Represented by Luc SYNAEGHEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/12/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025602 k €↑
  2. 2024
    Annual accounts 2024-104,5 k €
  3. 18/12/2023
    IncorporationPrivate limited company