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SEAFRONT DEVELOPMENT

Active
Public limited company·Ontwikkeling van residentiële bouwprojecten· 3 yrs active
Kunstlaan 58 ·1000 Brussel, Belgium
BE 0795.135.823
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Turnover
EBIT margin
Net result€-82k-9.3%
Working capital€1.49M+197.2%
CSV export

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · verkort
€-100k€-75k€-50k€-25k€0Operating result 2023: €-61k€-61kNet result 2023: €-75k€-75kOperating result 2024: €-66k€-66kNet result 2024: €-82k€-82k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 68 — Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -6.2% 8.8%
better than 14% of 262 sector peers
Net result €-82k €-3k
better than 18% of 262 sector peers
Equity €-96k €56k
better than 10% of 262 sector peers
Gross operating margin €-66k €28k
better than 6% of 262 sector peers
Total assets €1.54M €1.20M
better than 56% of 262 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-82k
-9.3% 23–24
Total assets
€1.54M
+188.5% 23–24
Equity
€-96k
-597.0% 23–24
Working capital
€1.49M
+197.2% 23–24
Debt
€1.64M
+198.8% 23–24
Debt ≤ 1y
€55k
+60.9% 23–24
Debt > 1y
€1.58M
+207.9% 23–24
Current ratio
28.02
+79.3% 23–24
Quick ratio
5.36
-14.6% 23–24
Solvency
-6.2%
-141.6% 23–24
Debt / equity
-17.04
+57.1% 23–24
ROE
85.7%
-84.3% 23–24
ROA
-5.3%
+62.1% 23–24
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA
Net profit€-82k
Cash flow
Staff costs
Income taxes
Dividends
Total assets€1.54M
Equity€-96k
Debt€1.64M
of which ≤ 1y€55k
of which > 1y€1.58M
Working capital€1.49M
Employees (FTE)
Ratios (computed)
2024
Current ratio28.02
Quick ratio5.36
Working capital ratio96.4%
Solvency-6.2%
Debt / equity-17.04
Long-term debt ratio-16.47
Interest coverage
Gross margin
Net margin
ROA-5.3%
ROE85.7%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€1.54M
Fixed assets 21/28€1
Financial fixed assets 28€1
Current assets 29/58€1.54M
Stocks & contracts in progress 3€1.25M
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€287k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.54M
Equity 10/15€-96k
Contributions / capital 10/11€62k
Accumulated profits (losses) 14€-158k
Amounts payable 17/49€1.64M
Amounts payable after one year 17€1.58M
Amounts payable within one year 42/48€55k
Trade debts payable within one year 44€55k
Income statement
Gross operating margin 9900€-66k
Operating result 9901€-66k
Financial charges 65€16k
Result before taxes 9903€-82k
Net result for the period 9904€-82k
Result to be appropriated 9905€-82k
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Ratios computed by Checked.

Health barometer

FY 2024 · computed
47 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.