Equity
-€552,748
Debts exceed assets in financial year 2026.
Croissant Development
Lifetime
4 annual accounts with figures on one time axispeak €172,626 (2023)
-€27,280▲ €1,840
lowest -€509,425 (2026)
-€509,425▼ €481,267
peak €2,064 (2023)
-€552,748▼ €509,425
€2.9m▲ 24.6%
peak 0 FTE (2024)
0 FTE
Board4 names since 2022
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
12-10-202619 days before the deadline
2026abbreviated format
Loss of €509,425Equity from -€43,323 to -€552,748Debts from €2.4m to €2.9mCash from €120,872 to €208,700
Key points
from the 2026 annual accountsLosses
-€602,748 in four years
Every financial year from 2023 to 2026 closed with a loss. 2026 was the heaviest.
Debts
€2.9m 123% of the balance sheet
Financial debts 93%Suppliers 4%Other 4%
Of this, €1.9m falls due within a year.
Filings
4 annual accounts since 2023
The last four annual accounts were filed 16 to 34 days before the end of the period.
At the same address
32 companies
Position in the sector
-€509,425
Lower net result than 95% of companies in real estate. Sector median €20,261 · 470 companies.
Net result -1,709%: other schema
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 490 companies had the same profile as Croissant Development has now. Each dot is one company, two years later.
88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.6% 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 490 companies, not a prediction for Croissant Development. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director, since 15-02-2023
Auditor,
- 100%annual accounts 31-03-2026
- consolidatesannual accounts 31-03-2026
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780420527
Appointment: (statutory auditor)
General meeting of 07-07-2023 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 15-02-2023 · Gazette deed
Incorporation
Founding capital of €50,000 · Founder: · Appointments: (director) and (director) · published on 17-01-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Croissant Development Uccle | €2.4m | -€27,280 | -23.1% | 0 |
| AXPROMO Tielt | €2.2m | -€7,524 | 54.0% | 0 |
| De Ridders Leuven | €2.7m | -€17,550 | 23.2% | 0 |
| SLPT Waregem | €1.9m | -€18,546 | 9.0% | 0 |
| Otlet Invest Uccle | €1.7m | -€1,380 | -7.4% | 0 |
| LAKENNATIE Veurne | €1.9m | -€21,080 | 99.8% | 0 |
| Kliniek Development Ghent | €3.3m | -€81,846 | -5.9% | 0 |
These companies have the same main activity as Croissant Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.7m and €3.3m, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 13-01-2022Normal situation
- Registered office
- 34 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.326.759.1901180 Uccle, since 13-01-2022
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Annual accounts to 31-03-2026
- €2.4m▲ 3.0%
- Filing
- Filed on 12-10-2026, 19 days before the end of the filing period
Insights on Croissant Development
Croissant Development files the abbreviated format. That format states no turnover. The gross margin fell from €172,626 in 2023 to -€27,280 in 2026.
holds all the shares. 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 Croissant Development
- What is the company number of Croissant Development?
- The company number of Croissant Development is 0780.420.527. The VAT number is the same number with BE in front: BE 0780.420.527.
- Where is Croissant Development based?
- The registered office is at Ilya Prigoginelaan 1, 1180 Uccle.Company details
- What does Croissant Development do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Croissant Development?
- Croissant Development is a private limited company (BV).
- When was Croissant Development founded?
- Croissant Development was founded on 13-01-2022.
- Is Croissant Development still active?
- Yes, Croissant Development is an active enterprise in the KBO register.
- What is the turnover of Croissant Development?
- The annual accounts for financial year 2026 state no turnover.Financials
- Is Croissant Development profitable?
- In financial year 2026, Croissant Development made a loss of €509,425.
- Where can I find the annual accounts of Croissant Development?
- Croissant Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Croissant Development due?
- Croissant Development must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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