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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
Holding Communal - Gemeentelijke Holding - Gemeindliche Holding from Brussel, company number BE0203211040, closed financial year 2025 with a result of € -283,323 after tax. Compared with financial year 2024, the result moved from € 758,078 to € -283,323. 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 July 6, 2026.
€ -1.1 billion
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -283,323
▼ still € 758,078 profit in 2024
Profit after tax over the fiscal year.
€ 942,260
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 billion.
Debts at end 2025
€ 940.7 million
Loans from banks and other lenders, long and short.
€ 427,669
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 222 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -1,642,979 | € -134,318,399 | € 758,078 | € -283,323 | ▼ € 1 million |
| Equity | € -982,225,979 | € -1,116,544,378 | € -1,115,786,299 | € -1,116,069,623 | |
| Total debts | € 1,142,972,953 | € 1,143,187,317 | € 1,143,093,992 | € 1,142,968,363 | |
| Cash | € 28,994,058 | € 335,326 | € 1,044,017 | € 942,260 | ▼ 10% |
| Retained profit | € -1,839,276,520 | € -1,973,594,919 | € -1,972,836,840 | € -1,973,120,164 | |
| Bank debt | € 940,715,864 | € 940,715,864 | € 940,715,864 | € 940,715,864 | |
| Balance sheet total | € 161,496,974 | € 29,142,939 | € 29,307,692 | € 28,898,740 | ▼ 1% |
Key figures of Holding Communal - Gemeentelijke Holding - Gemeindliche Holding, fiscal years 2022 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 Holding Communal - Gemeentelijke Holding - Gemeindliche Holding?
What happened at Holding Communal - Gemeentelijke Holding - Gemeindliche Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Holding Communal - Gemeentelijke Holding - Gemeindliche Holding is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 283,323 (▼ € 1 million vs 2024). Source: NBB ↗
- KPMG Bedrijfsrevisoren SRL became a director. NBB
- Quinz SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.6 million loss in 2022 to € 283,323 loss in 2025.
Paid € 78,855 in corporate taxes since 2022.
Best year ever: 2024, with € 758,078 profit.
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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
Behind Holding Communal - Gemeentelijke Holding - Gemeindliche Holding are KPMG Bedrijfsrevisoren SRL and Quinz SRL. KPMG Bedrijfsrevisoren SRL is also behind CREFIUS, De Oever, H.E. MANAGEMENT (BELGIE), ASCOM (BELGIUM) and Makita Europe. Quinz SRL is also behind Intercommunale maatschappij voor de Sanering en de Inrichting van het Dal van de Woluwe and Precirix.
Directors
According to the 2025 annual accounts
Liquidator · represented by Joris Mertens
Also active at: CREFIUS, De Oever, H.E. MANAGEMENT (BELGIE), ASCOM (BELGIUM), Makita Europe, FIXXER, MCA Horeca, BIO BASE EUROPE PILOT PLANT +3 more
since 2011
Liquidator · represented by Bart Lintermans, Benoit Allemeersch
Also active at: Intercommunale maatschappij voor de Sanering en de Inrichting van het Dal van de Woluwe, Precirix
since 2011
Establishments
Establishment units
Physical locations of this company
Kunstlaan 56 box 4c
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0203.211.040
- VAT number
- BE 0203.211.040
- Registered office
- Kunstlaan 56 bus 4c, 1000 Brussel
- Names & denominations
- Holding Communal - Gemeentelijke Holding - Gemeindliche Holding · HOLDING COMMUNAL - GEMEENTELIJKE HOLDING - GEMEINDLICHE HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 24 November 1860
- Peppol
- Active · Active since 12 Dec 2025