Waterside Living Development
A bankruptcy procedure is open for Waterside Living Development according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show negative equity (€-81k) and a net result of €-17k.
| Equity | €-81k |
| Net result | €-17k |
| Better than sector | 20% |
| Active | 6 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1.2% | 13.5% | |
| Net result | €-17k | €457 | |
| Equity | €-81k | €93k | |
| Gross operating margin | €-13k | €43k | |
| Total assets | €6.94M | €1.34M |
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-14k |
| Net profit | €-17k |
| Cash flow | €-16k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6.94M |
| Equity | €-81k |
| Debt | €7.02M |
| of which ≤ 1y | €502k |
| of which > 1y | €6.51M |
| Working capital | €6.43M |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 13.82 |
| Quick ratio | 0.10 |
| Working capital ratio | 92.8% |
| Solvency | -1.2% |
| Debt / equity | -86.57 |
| Long-term debt ratio | -80.37 |
| Interest coverage | -6.93 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.2% |
| ROE | 20.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.94M |
| Formation expenses | 20 | €735 |
| Current assets | 29/58 | €6.93M |
| Stocks & contracts in progress | 3 | €6.88M |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €16 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.94M |
| Equity | 10/15 | €-81k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-82k |
| Amounts payable | 17/49 | €7.02M |
| Amounts payable after one year | 17 | €6.51M |
| Amounts payable within one year | 42/48 | €502k |
| Trade debts payable within one year | 44 | €474k |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-14k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-17k |
| Net result for the period | 9904 | €-17k |
| Result to be appropriated | 9905 | €-17k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DIRK DE MAESENEER ENGELS PLEIN 35,
3000 LEUVEN |
07-05-2026 → present | Belgian State Gazette |
| Curator | SVEN DE MAESE-
NEER ENGELS PLEIN 35, 3000 LEUVEN- |
07-05-2026 → present | Belgian State Gazette |
| Curator | STEVEN NYSTEN ENGELS
PLEIN 35, 3000 LEUVEN- .
27237
BELGISCH STAATSBLAD — 15.05.2026 — MONITEUR BELGE |
07-05-2026 → present | Belgian State Gazette |
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 12-06-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 30-10-2024 |
| Latest BS signal | 15-05-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593G0720/00A000 | Flanders | 471 m² | 1 · 379 m² | 12.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 18-10-2024 to 07-05-2026.
14-03-2025 Registered office moved from Lummen to Tienen
- Gestelstraat 15, 3560 Lummen → Broekstraat 2 bus 7, 3300 Tienen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Broekstraat 2 bus 7, 3300 Tienen",
"city": "Tienen",
"region": "vlaams_gewest",
"street": "Broekstraat",
"country": "BE",
"postcode": "3300",
"box_number": "7",
"street_number": "2",
"locality_suffix": null
},
"old_address": {
"raw": "Gestelstraat 15, 3560 Lummen",
"city": "Lummen",
"region": "vlaams_gewest",
"street": "Gestelstraat",
"country": "BE",
"postcode": "3560",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"effective_date": "2025-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-14",
"filing_date": null,
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-12-31",
"unanimous": null
},
"subject_company": {
"kbo": "0748.533.558",
"name_full": "Waterside Living Development",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Davy Palmans",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 31/12/2024"
]
}| Legal nameNL | Waterside Living Development |