Skip to content

Gare Maritime

Active
Public limited companyfounded 2018active for 8 yearsPicardstraat 11, 1000 Brussel, BelgiumKBO/BCE: BE 0696.803.359
Summary

Gare Maritime has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57.9m and a net result of -€2.8m. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 52% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-05-2018 Normal situation
Registered office
50 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 3 others
Establishment unit
2.330.133.703 1000 Brussel, since 01-07-2018
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board
  • MIDHANDirector · since 15-11-2021 · permanent representative Michel Van Geyte
  • Olivier VuylstekeDirector · since 15-11-2021
  • Tim RensDirector · since 18-05-2023
Shareholders

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€11.8m
Loss
€2.8m
▼ 32.4%
Equity
€57.9m
▼ 4.6%
Total assets
€174.2m
▼ 3.9%
Score breakdownraises riskLiquidity: current ratio 0.40, cash €546,314lowers riskSize: turnover €11.8m, total assets €174.2mSector: Real estate activities (NACE 68)Legal form: public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of large companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 58=
equity 33.2% of total assets
Liquidity 49+30
short-term debt 12.4% · cash 0.3%
Profitability 54+29
return on assets -1.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (318 companies, NACE 68, large)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €1,150,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.4 (0.1 in 2024), below 1. Short-term debt is 12.4% and cash 0.3% of total assets. 66.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, large). It does better than 53% of them on solvency, 40% on liquidity, 62% on profitability and 29% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.40, cash €546,314
NBB · annual accounts
lowers risk · Size: turnover €11.8m, total assets €174.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
64 days early
2024
72 days early
2023
76 days early
2022
46 days early
2021
62 days early
2020
12 days late
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€2.8m View
  • Caution: Lower net result than 95% of companies in real estatesector median €9,999 · 11,252 companies -€2.8m View
  • A director leftlatest change 14-07-2026 · 3 in office 1 left View
  • Positive: Result rose in 2025from -€4.1m to -€2.8m ▲ 32.4% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: Peter De Durpel (director)Permanent representative: Michel Van Geyte
  2. · Gazette deed Capital & shares · Amendment of the articles
  3. · Gazette deed 1 director appointed, 1 director resigning, 1 reappointedReappointment: Peter De Durpel (director) · Permanent representatives: Michel Van Geyte, Christophe Boschmans and Ben Vandeweyer · Resignation: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
All 18 events

Comparable companies

These companies have the same main activity as Gare Maritime: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €82m and €166m, founded between 2011 and 2022.

CompanyTotal assetsGross margin
Gare Maritime Brussel€174.2m€9.9m
EQUINE CARE GROUP Lummen€165.9m-
PEC Belgium Ghent Etterbeek€163.5m€7.7m
Passport Belgium Brussel€92.4m€5.1m
Erste TENVA Property Machelen (Brab.)€122.4m-
MURANO INVEST Antwerpen€82.2m€7.6m
MIQUETOT Fleurus€129.9m-
Full comparison

Key facts about Gare Maritime

What is the company number of Gare Maritime?
The company number of Gare Maritime is 0696.803.359. The VAT number is the same number with BE in front: BE 0696.803.359.
Where is Gare Maritime based?
The registered office is at Picardstraat 11, 1000 Brussel.Company details
What does Gare Maritime do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Gare Maritime?
The legal form of Gare Maritime is Public limited company (NV).
When was Gare Maritime founded?
Gare Maritime was founded on 25-05-2018.
Is Gare Maritime still active?
Yes, Gare Maritime is an active enterprise in the KBO register.
What is the turnover of Gare Maritime?
The turnover of Gare Maritime was €11.8m in financial year 2025, according to the filed annual accounts.Financials
Is Gare Maritime profitable?
In financial year 2025, Gare Maritime made a loss of €2.8m.
Where can I find the annual accounts of Gare Maritime?
Gare Maritime filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gare Maritime due?
Gare Maritime must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.