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THE SEASIDE

Active
Private limited companyfounded 20206 yrs activeZeedijk 96, 8370 Blankenberge, BelgiumKBO/BCE: BE 0744.753.924

THE SEASIDE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
86 / 100
Excellent▲ +74 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency60▲+20
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 0.81 in 2024), and 66.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.2%
Return on assets
33.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies more bankruptcies →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
14 d early
2024
29 d early
2023
12 d early
2022
38 d early
2021
17 d early
2020
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€64k
2024 · €-1k
2020: €35k 2021: €101k 2022: €112k 2023: €31k 2024: €-1k
2020 → 2025
Total assets
€193k▲ 45.9%
2024 · €132k
2020: €91k 2021: €253k 2022: €315k 2023: €94k 2024: €132k
2020 → 2025
Net result
€65k
2024 · €-32k
2020: €15k 2021: €66k 2022: €11k 2023: €-21k 2024: €-32k
2020 → 2025
Working capital
€45k
2024 · €-23k
2020: €71k 2021: €108k 2022: €104k 2023: €23k 2024: €-23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€101k-€112k▲ 11.2%€31k▼ 72.7%€-1k€64k
Operating result€76k-€16k▼ 79.0%€-5k€-34k▼ 645%€73k
Net result€66k-€11k▼ 83.0%€-21k€-32k▼ 48.1%€65k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €76k€76kNet result 2021: €66k€66kOperating result 2022: €16k€16kNet result 2022: €11k€11kOperating result 2023: €-5k€-5kNet result 2023: €-21k€-21kOperating result 2024: €-34k€-34kNet result 2024: €-32k€-32kOperating result 2025: €73k€73kNet result 2025: €65k€65k20212022202320242025
The operating result returns to profit in 2025: €73k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets €26k▼ 23.5%
Current assets €167k▲ 69.5%
Equity and liabilities €193k
Equity €64k
Debt €129k
Debt finances 66.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€82k
2024 · €-27k
Cash flow
€74k
2024 · €-25k
Solvency
33.2%
2024 · -1.0%
Current ratio
1.37
2024 · 0.81
Quick ratio
1.37
2024 · 0.81
Debt / equity
2.01
ROE
102.0%
ROA
33.9%
2024 · -24.1%
Interest coverage
22.67
2024 · -10.07
Debt
€129k
2024 · €133k
Debt ≤ 1 year
€122k
2024 · €121k
Debt > 1 year
€7k
2024 · €12k
Income taxes
€4k
Staff costs
€37k
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€132k€193k
Fixed assets21/28€34k€26k
Intangible fixed assets21€3k€2k
Tangible fixed assets22/27€30k€23k
Land and buildings22€21k€17k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€5k€2k
Financial fixed assets28€700€700=
Current assets29/58€99k€167k
Amounts receivable within one year40/41€74k€89k
Trade receivables40€50k€67k
Other amounts receivable41€24k€22k
Cash at bank and in hand54/58€23k€77k
Deferred charges and accrued income490/1€1k€867
Equity and liabilities
Total equity and liabilities10/49€132k€193k
Equity10/15€-1k€64k
Contributions10/11€20k€20k=
Reserves13€11k€44k
Distributable reserves133€11k€44k
Profit (loss) carried forward14€-32k-
Amounts payable17/49€133k€129k
Amounts payable after more than one year17€12k€7k
Financial debts170/4€12k€7k
Amounts payable within one year42/48€121k€122k
Current portion of amounts payable after more than one year42€6k€5k
Trade debts44€16k€18k
Suppliers440/4€16k€18k
Taxes, remuneration and social security45€4k€3k
Taxes450/3€20-
Remuneration and social security454/9€4k€3k
Other amounts payable47/48€95k€96k
Income statement Code20242025
Remuneration, social security and pensions62€56k€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k
Other operating charges640/8€25k€20k
Gross operating margin9900€54k€139k
Operating profit (loss)9901€-34k€73k
Financial income75/76B€4k-
Recurring financial income75€4k-
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€-32k€69k
Income taxes67/77-€4k
Profit (loss) for the period9904€-32k€65k
Profit (loss) for the period to be appropriated9905€-32k€65k
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€34k
Profit (loss) brought forward from the previous period14P-€-32k
Transfer to equity691/2-€34k
To other reserves6921-€34k
Social balance
Average headcount (FTE)90871.61.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €65k
Net result €65k after 2 loss-making years.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2020net €66k ▲355%
Operating result €76k, net result €66k, both a record.
31-12
Financial Equity above €100kEq €101k ▲192%
2 profitable years in a row build equity to €101k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 2020
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zeedijk 968370 Blankenberge
Ground area
817 m²
Building footprint
956 m²
Volume, LiDAR
29,500 m³
Parcel 31004A0741/00B027, Flanders · tallest building 37.8 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
Seaside Blankenberge
Zeedijk 96, 8370 BlankenbergeHotels and similar accommodation
since 20202.300.923.439
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31004A0741/00B027
ProtectedMonumentSamenstel van stenen trappen naar de ZeedijkSource ↗
Flanders 817 m² 1 · 956 m² 37.8 m · 11 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 949 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-03-2020
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.