Financials
- Fiscal year
- 2025
- Total assets
- €3.7m
- Loss
- -€46,155
- Solvency
- -0.6%
Total assets▲ 38.0%
Net result
20232025
Waterfront Schelle Development
ActiveSummary
Waterfront Schelle Development has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,812) and a net result of -€46,155. Equity is shrinking by ~122.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
How big
€3.7mtotal assets 2025
- Equity
- -€21,812
- Loss
- -€46,155
Turnover not published (abridged schema)
Who decides
- Parent
- The Good Life Development Fund II · 100%
Accounts 31 d early0 of 1 deed read
Why 44- Limited track record- Annual accounts: weaker financial profile- Negative equity+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability34▼-2
Solvency24▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0.1% and cash: 11.8% of total assets, and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.6%
Return on assets
-1.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€21,812
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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 d early
2024
24 d early
2023
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€46,155
- Liquidity times 9current ratio 926.97
Key points
By topic
Board & ownership
- Parent
- The Good Life Development… · 100%
Timeline
- Events
- 6
- Since
- 2024
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 31-12-2025Liquidity times 9
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 07-11-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?The Good Life Development Fund II · 10 companies How does this company compare with its sector?Sector benchmark
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