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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Waterside Living Development from Tienen, company number BE0748533558, closed financial year 2023 with a result of € -16,503 after tax. For that financial year Waterside Living Development recorded a gross margin of € -13,220 and equity of € -81,050. Compared with financial year 2022, the result moved from € -17,424 to € -16,503. 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 October 8, 2024.
€ -81,050
▼ € 16,503 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,503
▲ 5 % less loss than in 2022
Profit after tax over the fiscal year.
€ 16
▼ 96% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82,370.
Debts at end 2023
€ 6.5 million
▲ 18% vs 2022
Loans from banks and other lenders, long and short.
€ 474,329
▼ 51% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1,050
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 7,500 | - | - | |
| Gross margin | € -47,232 | € -16,156 | € -13,220 | ▲ € 2,936 |
| Profit after taxes | € -48,443 | € -17,424 | € -16,503 | ▲ € 922 |
| Equity | € -47,123 | € -64,547 | € -81,050 | ▼ € 16,503 |
| Total debts | € 6,072,458 | € 6,482,817 | € 7,016,194 | ▲ 8% |
| Cash | € 8,552 | € 410 | € 16 | ▼ 96% |
| Retained profit | € -48,443 | € -65,867 | € -82,370 | ▼ € 16,503 |
| Bank debt | € 2,478,520 | € 5,499,611 | € 6,514,345 | ▲ 18% |
| Balance sheet total | € 6,025,335 | € 6,418,269 | € 6,935,144 | ▲ 8% |
Key figures of Waterside Living Development, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Waterside Living Development?
What happened at Waterside Living Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Waterside Living Development is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 16,503. filed late Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,443 loss in 2021 to € 16,503 loss in 2023.
A new publication or filing at Waterside Living Development? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Broekstraat 2 box 7
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0748.533.558
- VAT number
- BE 0748.533.558
- Registered office
- Broekstraat 2 bus 7, 3300 Tienen
- Names & denominations
- Waterside Living Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 June 2020
- Peppol
- Not registered
- Activities · NACE
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