Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TENNIS GARDENS PROMOTIONS from Knokke-Heist, company number BE0436239583, closed financial year 2025 with a result of € -309,734 after tax. For that financial year TENNIS GARDENS PROMOTIONS recorded a gross margin of € -34,238 and equity of € -2.2 million. Compared with financial year 2024, the result moved from € -322,699 to € -309,734. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ -2.2 million
▼ € 309,734 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -309,734
▲ 4 % less loss than in 2024
Profit after tax over the fiscal year.
€ 65,664
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 68,433
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -42,194 | € -53,203 | € -41,361 | € -34,238 | ▲ € 7,124 |
| Profit after taxes | € -396,072 | € -334,788 | € -322,699 | € -309,734 | ▲ € 12,965 |
| Equity | € -1,276,790 | € -1,611,578 | € -1,934,277 | € -2,244,011 | ▼ € 309,734 |
| Total debts | € 6,989,457 | € 7,425,438 | € 7,868,994 | € 8,265,033 | ▲ 5% |
| Cash | € 62,072 | € 61,626 | € 66,403 | € 65,664 | ▼ 1% |
| Land & buildings | € 1,237,460 | € 1,184,524 | € 1,131,588 | € 1,078,652 | ▼ 5% |
| Retained profit | € -1,895,442 | € -2,230,231 | € -2,552,929 | € -2,862,663 | ▼ € 309,734 |
| Balance sheet total | € 5,712,668 | € 5,813,860 | € 5,934,717 | € 6,021,022 | ▲ 1% |
Key figures of TENNIS GARDENS PROMOTIONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TENNIS GARDENS PROMOTIONS?
What happened at TENNIS GARDENS PROMOTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 309,734. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 396,072 loss in 2022 to € 309,734 loss in 2025.
Management
The stake of EUROPEAN PROPERTY DEVELOPMENT GROUP BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TENNIS GARDENS PROMOTIONSBehind TENNIS GARDENS PROMOTIONS is Rolf Schut. The shares are held by EUROPEAN PROPERTY DEVELOPMENT GROUP BELGIUM (99.6%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bronlaan 115
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.239.583
- VAT number
- BE 0436.239.583
- Registered office
- Bronlaan 115, 8300 Knokke-Heist
- Names & denominations
- TENNIS GARDENS PROMOTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1988
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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