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FRUN PARK CHATELINEAU

Active
Public limited companyfounded 2009active for 16 yearsHamiltonpark 24-26, 8000 Brugge, BelgiumKBO/BCE: BE 0821.131.229

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FRUN PARK CHATELINEAU has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5.9m) and a net result of -€568,747. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 19,155 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 04-12-2009 Normal situation
Registered office
35 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Buying and selling of own real estate NACE 68110and 7 others
Establishment unit
2.183.502.959 8000 Brugge, since 26-11-2009
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • ALL BUILDING PROMOTIONSDirector · since 30-06-2014 · permanent representative DE ROO Peter
  • SOUTHRING 2 SARL BODirector · since 30-06-2014
  • IMMO PROJECTS S.A.Director · since 20-01-2022 · permanent representative HUSS Laurent
  • IMMOPROJECTS SARLDirector · since 20-01-2022
and 3 other directors

Financial position

53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2024
Gross margin
€3.0m
Turnover
≈ €3.9m
estimated
Loss
€568,747
▼ 75.9%
Equity
-€5.9m
▼ 10.6%
Total assets
€31.5m
▲ 4.9%
2025 accounts not filed, 93 days past the deadline
Filed on 27-08-2025PDF
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2024 (filed on 27-08-2025)Negative equity -€5.9mlowers riskSize: total assets €31.5mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of medium-sized companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 6-1
equity -18.8% of total assets
Liquidity 12+11
short-term debt 118.8% · cash 9.4%
Profitability 28+10
return on assets -1.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,722 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.8%▼ -0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.9 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (0.02 in 2023), below 1. Short-term debt is 118.8% and cash 9.4% of total assets. Equity is negative.
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, medium-sized). It does better than 3% of them on solvency, 10% on liquidity, 22% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €31.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 27-08-2025)
NBB · annual accounts
raises risk · Negative equity -€5.9m
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€5.9m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 27 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
27 days late
2023
75 days late
2022
567 days late
2021
32 days late
2020
89 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 139 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€5.9m View
  • Risk: 5 loss-making years in a rowloss in financial year 2024 -€568,747 View
  • Caution: Lower net result than 95% of companies in real estatesector median €4,582 · 19,143 companies -€568,747 View
  • Positive: Result rose in 2024from -€2.4m to -€568,747 ▲ 75.9% View
  • Board changedlatest change 12-05-2026 · 7 in office 2 joined · 1 left View

Comparable companies

These companies have the same main activity as FRUN PARK CHATELINEAU: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €29m and €41m, founded between 2008 and 2011.

CompanyTotal assetsGross margin
FRUN PARK CHATELINEAU Brugge€31.5m€3.0m
MONSAERT Gent€32.3m€2.8m
Compagnie Immobilière du Régent Ukkel€28.7m€3.0m
EQUITERRE Leuven€38.8m€2.6m
'T REYLOF Gent€30.3m€2.2m
Vander Elst Vastgoed Brussel€41.3m€3.5m
3B INVEST Genappe€36.3m€1.9m
Full comparison

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about FRUN PARK CHATELINEAU

What is the company number of FRUN PARK CHATELINEAU?
The company number of FRUN PARK CHATELINEAU is 0821.131.229. The VAT number is the same number with BE in front: BE 0821.131.229.
Where is FRUN PARK CHATELINEAU based?
The registered office is at Hamiltonpark 24-26, 8000 Brugge.Company details
What does FRUN PARK CHATELINEAU do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of FRUN PARK CHATELINEAU?
The legal form of FRUN PARK CHATELINEAU is Public limited company (NV).
When was FRUN PARK CHATELINEAU founded?
FRUN PARK CHATELINEAU was founded on 04-12-2009.
Is FRUN PARK CHATELINEAU still active?
Yes, FRUN PARK CHATELINEAU is an active enterprise in the KBO register.
What is the turnover of FRUN PARK CHATELINEAU?
The turnover in financial year 2024 is ≈ €3.9m. This figure is estimated from the gross margin of €3.0m and 39 comparable companies (NACE 681). It probably lies between €3.1m and €8.8m.Financials
Is FRUN PARK CHATELINEAU profitable?
In financial year 2024, FRUN PARK CHATELINEAU made a loss of €568,747.
Where can I find the annual accounts of FRUN PARK CHATELINEAU?
FRUN PARK CHATELINEAU filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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