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 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Waterfront Schelle Development from Gent, company number BE0793333997, closed financial year 2025 with a result of € -46,155 after tax. For that financial year Waterfront Schelle Development recorded a gross margin of € -44,527 and equity of € -21,812. Compared with financial year 2024, the result moved from € -13,623 to € -46,155. 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 June 30, 2026.
€ -21,812
▼ € 46,155 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,155
▼ 239 % more loss than in 2024
Profit after tax over the fiscal year.
€ 441,170
▲ € 441,081 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,812.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 3.8 million
▲ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 4,045
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -11,932 | € -12,962 | € -44,527 | ▼ € 31,565 |
| Profit after taxes | € -12,034 | € -13,623 | € -46,155 | ▼ € 32,533 |
| Equity | € 37,966 | € 24,343 | € -21,812 | ▼ € 46,155 |
| Total debts | € 1,655,515 | € 2,691,587 | € 3,770,952 | ▲ 40% |
| Cash | € 2,369 | € 89 | € 441,170 | ▲ € 441,081 |
| Retained profit | € -12,034 | € -25,657 | € -71,812 | ▼ € 46,155 |
| Bank debt | € 1,607,933 | € 2,665,738 | € 3,766,869 | ▲ 41% |
| Balance sheet total | € 1,693,481 | € 2,715,931 | € 3,749,141 | ▲ 38% |
Key figures of Waterfront Schelle Development, fiscal years 2023 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 Waterfront Schelle Development?
What happened at Waterfront Schelle Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,155. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,034 loss in 2023 to € 46,155 loss in 2025.
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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
Management
The stake of The Good Life Development Fund II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Waterfront Schelle DevelopmentBehind Waterfront Schelle Development is Gldf II Partners NV. The shares are held by The Good Life Development Fund II (100%).
Directors
According to the 2025 annual accounts
Director · represented by Nicolas Bearelle
Also active at: Good Life Canal, Waterfront Schelle, RUISBROEK KERN LAND, The Good Life Development Fund II, POZNAN DEVELOPMENT HOLDING, Good Life Interescaut, Good Life Brussels, Ruisbroek Development +3 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwewandeling 62
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.333.997
- VAT number
- BE 0793.333.997
- Registered office
- Nieuwewandeling 62, 9000 Gent
- Names & denominations
- Waterfront Schelle Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2022
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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