Salicornia Projects
Dissolution or liquidationThe KBO register records for Salicornia Projects the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €37k and a net result of €-5.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2025
13 d late
2024
31 d early
2023
40 d early
2022
31 d early
2021
16 d early
2020
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 96.1%
2025 · €929k
2019: €47k
2020: €45k
2021: €51k
2022: €220k
2023: €889k
2024: €929k
2025: €929k
2019 → 2025
Total assets
€44k▼ 95.3%
2025 · €937k
2019: €52k
2020: €68k
2021: €2.55M
2022: €4.73M
2023: €1.49M
2024: €1.05M
2025: €937k
2019 → 2025
Net result
€-5▲ 98.2%
2025 · €-269
2019: €-3k
2020: €-2k
2021: €6k
2022: €170k
2023: €669k
2024: €40k
2025: €-269
2019 → 2025
Working capital
€40k▼ 95.7%
2025 · €932k
2019: €47k
2020: €65k
2021: €1.87M
2022: €1.87M
2023: €885k
2024: €937k
2025: €932k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252025Trend
Equity€220k-€889k▲ 304%€929k▲ 4.5%€929k=€37k▼ 96.1%
Operating result€270k-€972k▲ 260%€26k▼ 97.3%€-16k
Net result€170k-€669k▲ 294%€40k▼ 94.1%€-269€-5▲ 98.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €26k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Equity and liabilities €44k
Equity
€37k▼ 96.1%
Provisions
€3k=
Debt
€4k▼ 25.1%
The debt ratio rises from 0.6% to 9.1%. Equity and debt are lower.
Key figures and ratios
Solvency
84.0%▼
2025 · 99.1%
Current ratio
10.96
Quick ratio
10.96
Debt / equity
0.11▲
2025 · 0.01
ROE
0.0%▲
2025 · 0.0%
ROA
0.0%▲
2025 · 0.0%
Debt
€4k▼
2025 · €5k
Debt ≤ 1 year
€4k▼
2025 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2025
Balance sheet
Code20252025
Assets
Total assets20/58€937k€44k▼
Current assets29/58€937k€44k▼
Amounts receivable within one year40/41€13k€13k=
Trade receivables40€3k€3k=
Other amounts receivable41€11k€11k=
Current investments50/53€918k-
Cash at bank and in hand54/58€3k€30k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€937k€44k▼
Equity10/15€929k€37k▼
Contributions10/11€50k€50k=
Reserves13€879k€879k=
Distributable reserves133€879k€879k=
Profit (loss) carried forward14€-269€-274▼
Advance to shareholders on the distribution of net assets19-€892k
Provisions and deferred taxes16€3k€3k=
Provisions for liabilities and charges160/5€3k€3k=
Other liabilities and charges164/5€3k€3k=
Amounts payable17/49€5k€4k▼
Amounts payable within one year42/48€5k€4k▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Income statement
Code20252025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-5k-
Other operating charges640/8€278-
Gross operating margin9900€-8k-
Operating profit (loss)9901€-16k-
Financial income75/76B€16k-
Recurring financial income75€16k-
Financial charges65/66B€54€5▼
Recurring financial charges65€54€5▼
Profit (loss) for the period before taxes9903€-269€-5▲
Profit (loss) for the period9904€-269€-5▲
Profit (loss) for the period to be appropriated9905€-269€-5▲
Appropriation of the result
Profit (loss) to be appropriated9906€-269€-274▼
Profit (loss) brought forward from the previous period14P-€-269
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-12
Financial
Liquidity times 19current ratio 176.58
Current ratio from 9.17 to 176.58; short-term debt falls from €115k to €5k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 9.17
Current ratio from 2.48 to 9.17; short-term debt falls from €599k to €115k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €669k ▲294%
Net result €669k, the highest in the series.
31-12
Financial
Equity above €500kEq €889k ▲304%
3 profitable years in a row build equity to €889k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €220k ▲336%
2 profitable years in a row build equity to €220k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 21.18
Current ratio from 9.23 to 21.18; short-term debt falls from €6k to €3k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-12-2025
Jan Cools: Resigned as Director
03-12-2025
VERCRAEYE Dominique: Resigned as Director
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
't Walletje 408300 Knokke-HeistGround area
5,355 m²
Building footprint
1,267 m²
Volume, LiDAR
9,920 m³
Parcel 31039F0085/00M000, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Salicornia Projects
since 20192.291.058.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0085/00M000 | Flanders | 5,355 m² | 1 · 1,267 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,717 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:jan@coolsnv.be