This is the first electric tram on the Belgian coast, founded by Colonel North. A street in Ostend is named after him.
However, there was already a N.M.V.B. tram line along approximately the same route. This becomes clearer here: http://www.vliz.be/docs/groterede/GR27_Kusttram.pdf (page 2).
The photo clearly shows that this is the terminus: the tracks do not continue any further.
This situation existed only between 21/05/1904 and 07/04/1906. On 05/04/1905, the N.M.V.B. took over the exploitation of Colonel North.