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 2024 and 2025.
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Busy address KBO
88 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SEAFRONT DEVELOPMENT from Brussel, company number BE0795135823, closed financial year 2025 with a result of € -60,935 after tax. For that financial year SEAFRONT DEVELOPMENT recorded a gross margin of € -42,714 and equity of € -156,979. Compared with financial year 2024, the result moved from € -82,264 to € -60,935. 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 23, 2026.
€ -156,979
▼ € 60,935 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,935
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 169,322
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -218,479.
Debts at end 2025
€ 2.1 million
▲ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 122,581
▲ 123% 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 | € -60,651 | € -65,577 | € -42,714 | ▲ € 22,863 |
| Profit after taxes | € -75,280 | € -82,264 | € -60,935 | ▲ € 21,329 |
| Equity | € -13,780 | € -96,044 | € -156,979 | ▼ € 60,935 |
| Total debts | € 547,809 | € 1,636,613 | € 2,179,100 | ▲ 33% |
| Cash | € 183,555 | € 286,725 | € 169,322 | ▼ 41% |
| Retained profit | € -75,280 | € -157,544 | € -218,479 | ▼ € 60,935 |
| Bank debt | € 513,625 | € 1,581,625 | € 2,056,520 | ▲ 30% |
| Balance sheet total | € 534,029 | € 1,540,568 | € 2,022,121 | ▲ 31% |
Key figures of SEAFRONT 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 SEAFRONT DEVELOPMENT?
What happened at SEAFRONT DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katelijne HOEVEN stepped down as director. NBB
- LUMA REAL ESTATE BV stepped down as director. NBB
- Peter EGGERMONT stepped down as director. NBB
- AMAURY DE CROMBRUGGHE BV stepped down as director. NBB
- PROJECTS IN MOTION BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 60,935. Source: NBB ↗
- LUMA REAL ESTATE BV became a director. NBB
- AMAURY DE CROMBRUGGHE BV became a director. NBB
In short
From € 75,280 loss in 2023 to € 60,935 loss in 2025.
A new publication or filing at SEAFRONT 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
Management
The stake of AG REAL ESTATE LAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEAFRONT DEVELOPMENTThe shares are held by AG REAL ESTATE LAND (70%).
Directors
According to the 2025 annual accounts
Katelijne HOEVEN
Director
since 2024 · until 2028
Director · represented by BERT GRUGEON
Also active at: Van Roey Rode, MOMMEN WEGENBOUW, PRESTIBEL LEFT VILLAGE, VULKANXPRESS, SCHIPPERSKAAI DEVELOPMENT, SCHIPPERSKAAI LAND, MECHELEN RAGHENO SITE, Ragheno Development +6 more
since 2025 · until 2028
Peter EGGERMONT
Director
Also active at: FOLLOW - UP, BUSINESS BUILDING PARTNER, SEAFRONT ZEEBRUGGE, DAP Tjoenshoek, EUROPROJECT, HAPPY VIEW, PRISMA CONSTRUCT, PRISMA CONSTRUCT II +1 more
since 2023 · until 2028
Director · represented by Amaury DE CROMBRUGGHE
Also active at: AG REAL ESTATE, Brussels International Trade Mart Ltd. and Co., TOLEDA INVEST, Citymo, JEAN CRAB ET SES FILS, NOUVELLES GALERIES DU BOULEVARD ANSPACH, Brussels International Cash and Carry Center, GALERIES SAINT-LAMBERT +51 more
since 2025 · until 2028
Director · represented by Steven BECAUS
Also active at: TAVEIRNE ALGEMENE ONDERNEMINGEN, Adviesburo M.J.P., prisma project, FOLLOW - UP, Permasystems, DE VLAMING, GRUUTHUSE PROJECTS, SEAFRONT ZEEBRUGGE +13 more
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 58
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 88 companies are registered at this address.
All companies at this address →LE CERTIFICAT FONCIER - HET VASTGOEDCERTIFICAAT
€ 1.1 million gross margin · 2025
AG REAL ESTATE same network
€ 33.7 million revenue · 2025
Le Patrimoine immobilier - Het Onroerende Vermogen
€ -67,550 gross margin · 2025
Thilly Reinsurance Services
Citymo same network
€ 14 million revenue · 2025
+83 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
- 0795.135.823
- VAT number
- BE 0795.135.823
- Registered office
- Kunstlaan 58, 1000 Brussel
- Names & denominations
- SEAFRONT DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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