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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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
city park from Lo-Reninge, company number BE0859726935, closed financial year 2024 with a result of € 32,696 after tax. For that financial year city park recorded a gross margin of € 64,822 and equity of € -2,538. Compared with financial year 2023, the result moved from € 21,229 to € 32,696. 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 July 31, 2025.
€ -2,538
▲ € 32,696 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,696
▲ 54% vs 2023
Profit after tax over the fiscal year.
€ 5,883
▼ 21% 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 € -22,538.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 14,486
▼ 73% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,938
▼ 64% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -12,414 | € -9,052 | € 37,836 | € 64,822 | ▲ 71% |
| Profit after taxes | € -20,331 | € -25,814 | € 21,229 | € 32,696 | ▲ 54% |
| Equity | € -30,649 | € -56,462 | € -35,234 | € -2,538 | ▲ € 32,696 |
| Total debts | € 72,677 | € 160,596 | € 138,154 | € 79,572 | ▼ 42% |
| Cash | € 105 | € 5,193 | € 7,481 | € 5,883 | ▼ 21% |
| Retained profit | € -50,649 | € -76,462 | € -55,234 | € -22,538 | ▲ € 32,696 |
| Balance sheet total | € 42,028 | € 104,134 | € 102,920 | € 77,034 | ▼ 25% |
Key figures of city park, 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 city park?
What happened at city park in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
city park is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 32,696 (▲ 54% vs 2023). Source: NBB ↗
- Christophe Vanderschaeghe became a director. NBB
- New establishment in Lo-Reninge. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,331 loss in 2021 to € 32,696 profit in 2024.
Paid € 6,323 in corporate taxes since 2021.
Best year ever: 2024, with € 32,696 profit.
Management
Behind city park is Christophe Vanderschaeghe.
Directors
According to the 2024 annual accounts
Christophe Vanderschaeghe
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Markt 1 B
8647 Lo-Reninge
Markt 1 box B
8647 Lo-Reninge
Active since 23 July 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.726.935
- VAT number
- BE 0859.726.935
- Registered office
- Markt 1 B, 8647 Lo-Reninge
- Names & denominations
- city park
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 July 2003
- Peppol
- Not registered
- Activities · NACE
Overige zakelijke dienstverlening, neg
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Activiteiten van eetgelegenheden met volledige bediening
Hotels en dergelijke accommodatie
Catering van evenementen
Eetgelegenheden met volledige bediening