Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PARK AAN DE STROOM II from Sint-Martens-Latem, company number BE0759398845, closed financial year 2024 with a result of € 1.9 million after tax. For that financial year PARK AAN DE STROOM II recorded a gross margin of € -1,864 and equity of € -3.8 million. Compared with financial year 2023, the result moved from € -5,109 to € 1.9 million. Profitable, and profit is growing. 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 April 28, 2025.
€ -3.8 million
▲ € 1.9 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ still € 5,109 loss in 2023
Profit after tax over the fiscal year.
€ 631,532
▲ € 630,263 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -3.9 million.
Debts at end 2024
€ 1.9 million
Loans from banks and other lenders, long and short.
€ 1.4 million
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,285 | € -1,683 | € -3,276 | € -1,864 | ▲ € 1,412 |
| Profit after taxes | € -3,748 | € -5,830,393 | € -5,109 | € 1,931,973 | ▲ € 1.9 million |
| Equity | € 57,752 | € -5,772,641 | € -5,777,750 | € -3,845,777 | ▲ € 1.9 million |
| Total debts | € 10,706,088 | € 7,775,241 | € 2,433,174 | € 5,984,582 | ▲ 146% |
| Cash | € 50,609 | € 224,462 | € 1,269 | € 631,532 | ▲ € 630,263 |
| Retained profit | € -3,748 | € -5,834,141 | € -5,839,250 | € -3,907,277 | ▲ € 1.9 million |
| Bank debt | € 0 | € 0 | € 0 | € 1,884,000 | |
| Balance sheet total | € 10,763,840 | € 7,830,103 | € 2,482,928 | € 6,001,189 | ▲ 142% |
Key figures of PARK AAN DE STROOM II, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PARK AAN DE STROOM II?
What happened at PARK AAN DE STROOM II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TICACONSULT stepped down as director. NBB
- ViBel BV stepped down as director. NBB
- Compagnie Het Zoute NV stepped down as director. NBB
- JVCON BV stepped down as director. NBB
- Novus Holding BV stepped down as director. NBB
- Modus Vivendi Projects BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.9 million. Source: NBB ↗
- Straco RE BV stepped down as director. NBB
In short
From € 3,748 loss in 2021 to € 1.9 million profit in 2024.
Best year ever: 2024, with € 1.9 million profit.
Management
The stake of Compagnie Het Zoute, STRACO REAL ESTATE DEVELOPMENT, Novus comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PARK AAN DE STROOM IIThe shares are held by Compagnie Het Zoute (40%), STRACO REAL ESTATE DEVELOPMENT (40%) and Novus (20%).
Directors
According to the 2024 annual accounts
Director · represented by Natasha Lippens
Also active at: COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, ROYAL ZOUTE GOLF CLUB, ZOUTE PROMOTIONS KORTRIJK, ZOUTE INVESTMENT PARTNERS, PARK AAN DE STROOM I, BARON RUZETTE BRUGGE, Zoute Promotions
since 2020 · until 2026
Director · represented by Joris Vrielynck
Also active at: COMPAGNIE HET ZOUTE REAL ESTATE, COMPAGNIE HET ZOUTE - RESERVE, ROYAL ZOUTE GOLF CLUB, ZOUTE PROMOTIONS KORTRIJK, ZOUTE INVESTMENT PARTNERS, PARK AAN DE STROOM I, BARON RUZETTE BRUGGE, Zoute Promotions +1 more
since 2020 · until 2026
Director · represented by Gino De Raedt
Also active at: NEDCO, LES FOUGERES, HANSIMMO, ODEBRECHT, IMMO WATERLOO 66, The Meadow, PARK AAN DE STROOM I, Futurn Cesar
since 2020 · until 2024
Director · represented by Carl - Philip de Villegas de Clercamp
Also active at: NEDCO, TER DOENAERT, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, VM Weggevoerdenlaan ComCo +44 more
since 2022 · until 2028
Director · represented by Erik VAN DEN EYNDEN
Also active at: NEDCO, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, HANSIMMO, ODEBRECHT +16 more
since 2024 · until 2030
Director · represented by Luc Descheemaecker
Owns 20% via Novus
Also active at: KEUVELLAND, PARK AAN DE STROOM I
since 2020 · until 2026
Director · represented by Michael Gurickx
Also active at: T SAMMELTJE, KEUVELLAND, RURSUS REAL ESTATE DEVELOPMENT, PARK AAN DE STROOM I, Novus Construct
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 157
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →NEDCO same network
€ 771,291 revenue · 2025
PATIGNY
€ 1.2 million revenue · 2025
Immo V.V.L. Leuven same network
€ 4 million revenue · 2025
HET SWYN ofte OUDE HAVEN
€ 13,595 gross margin · 2025
IMMOCOR same network
€ -8,147 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.398.845
- VAT number
- BE 0759.398.845
- Registered office
- Kortrijksesteenweg 157, 9830 Sint-Martens-Latem
- Names & denominations
- PARK AAN DE STROOM II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2020
- Peppol
- Active · Active since 15 Jul 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten