Result
€827,420 ▲ 96.0%
The result rose in 2025 from €422,117 to €827,420.
DEGROOTE HARBOUR CONSTRUCT
Part of the group
13 companies
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €33.3m (2022)
€25.4m▲ 29.8%
lowest -€699,619 (2019)
€827,420▲ 96.0%
peak €7.3m (2025)
€7.3m▲ 12.2%
€21.5m▲ 0.5%
peak 3.1 FTE (2025)
3.1 FTE▲ 3.3%
Board9 names since 2016
2 directors and 1 other
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Turnover from €19.6m to €25.4mResult from €422,117 to €827,420Equity from €6.5m to €7.3mInvestments €1.9mCash from €502,582 to €234,745
Key points
from the 2025 annual accountsDebts
€21.5m 75% of the balance sheet
Suppliers 14%Taxes and wages 3%Other 82%
Of this, €21.1m falls due within a year.
Investments
€1.9m 13.2 × depreciation
Green is investment, beige is depreciation.
Staff
3 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Payment terms
234 days to suppliers
DEGROOTE HARBOUR CONSTRUCT pays its suppliers 203 days later than in 2024. Customers pay 8 days earlier.
At the same address
17 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as DEGROOTE HARBOUR CONSTRUCT has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,986 companies, not a prediction for DEGROOTE HARBOUR CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director,
Managing director,
Auditor,
- 100%score equity €304.2m (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
Recent changes
1 statutory auditor reappointed
(statutory auditor) · Permanent representatives: , and · General meeting of 17-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459985183
Demerger: DEGROOTE HARBOUR CONSTRUCT splits off to SKY PARKING REAL ESTATE
Capital decrease of €74,047.54 · Capital decrease of €41,570.55 · Capital decrease of €1,299.08 · General meeting of 22-12-2022 · Gazette deed
Demerger proposal: Degroote Harbour Construct splits off to SKY PARKING REAL ESTATE
holds all the shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEGROOTE HARBOUR CONSTRUCT Ostend | €25.4m | 6.7% | 25.5% | 3.1 |
| OLSTE Knokke-Heist | €13.7m | 43.2% | 69.7% | 3.1 |
| LANDMAAT Roeselare | €29.5m | 22.3% | 58.9% | 3.3 |
| BELGISCHE GRONDEN RESERVE Sint-Pieters-Leeuw | €13.0m | 36.8% | 83.9% | 3.8 |
| WIESEN-PIRONT Amblève | €22.8m | 7.4% | 61.8% | 3.1 |
| BOUYGUES IMMOBILIER BELGIUM Waterloo | €13.3m | 8.7% | 29.2% | 2 |
| TERRA2 Kortemark | €11.4m | 10.7% | 44.5% | 2.9 |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DEGROOTE HARBOUR CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €22m and €99m, founded between 1980 and 2008.
Official details
Source: KBO- Status
- Active since 06-02-1997Normal situation
- Registered office
- 19 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.265.941.7748400 Ostend, since 01-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2025
Annual accounts 2025
- €28.8m▲ 3.3%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on DEGROOTE HARBOUR CONSTRUCT
DEGROOTE HARBOUR CONSTRUCT has existed since 1997. In 2019 turnover rose from €249,133 to €4.0m.
holds all the shares. In December 2021, three directors stepped down. In January 2022, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEGROOTE HARBOUR CONSTRUCT
- What is the company number of DEGROOTE HARBOUR CONSTRUCT?
- The company number of DEGROOTE HARBOUR CONSTRUCT is 0459.985.183. The VAT number is the same number with BE in front: BE 0459.985.183.
- Where is DEGROOTE HARBOUR CONSTRUCT based?
- The registered office is at Leopold III-laan 1, 8400 Ostend.Company details
- What does DEGROOTE HARBOUR CONSTRUCT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DEGROOTE HARBOUR CONSTRUCT?
- DEGROOTE HARBOUR CONSTRUCT is a public limited company (NV).
- When was DEGROOTE HARBOUR CONSTRUCT founded?
- DEGROOTE HARBOUR CONSTRUCT was founded on 06-02-1997.
- Is DEGROOTE HARBOUR CONSTRUCT still active?
- Yes, DEGROOTE HARBOUR CONSTRUCT is an active enterprise in the KBO register.
- How many employees does DEGROOTE HARBOUR CONSTRUCT have?
- DEGROOTE HARBOUR CONSTRUCT had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DEGROOTE HARBOUR CONSTRUCT fall under?
- In its 2025 annual accounts, DEGROOTE HARBOUR CONSTRUCT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DEGROOTE HARBOUR CONSTRUCT?
- The turnover of DEGROOTE HARBOUR CONSTRUCT was €25.4m in financial year 2025, according to the filed annual accounts.
- Is DEGROOTE HARBOUR CONSTRUCT profitable?
- In financial year 2025, DEGROOTE HARBOUR CONSTRUCT made a profit of €827,420.
- Where can I find the annual accounts of DEGROOTE HARBOUR CONSTRUCT?
- DEGROOTE HARBOUR CONSTRUCT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEGROOTE HARBOUR CONSTRUCT due?
- DEGROOTE HARBOUR CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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