Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Belgian American Corporation from Elsene, company number BE0400413525, closed financial year 2024 with a result of € 31,624 after tax. For that financial year Belgian American Corporation recorded a gross margin of € 237,984 and equity of € 629,880. Compared with financial year 2023, the result moved from € 56,210 to € 31,624. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.
€ 629,880
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,624
▼ 44% vs 2023
Profit after tax over the fiscal year.
€ 324,487
▲ 10% 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 € 279,880.
Debts at end 2024
€ 1.9 million
▼ 7% vs 2023
€ 125,575 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 2,452
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 214,648 | € 220,017 | € 233,920 | € 237,984 | ▲ 2% |
| Profit after taxes | € 29,381 | € 39,844 | € 56,210 | € 31,624 | ▼ 44% |
| Equity | € 502,202 | € 542,046 | € 598,256 | € 629,880 | ▲ 5% |
| Total debts | € 2,371,788 | € 2,229,106 | € 2,083,007 | € 1,951,966 | ▼ 6% |
| Cash | € 244,652 | € 256,923 | € 294,927 | € 324,487 | ▲ 10% |
| Land & buildings | € 722,758 | € 607,625 | € 478,355 | € 350,640 | ▼ 27% |
| Retained profit | € 152,202 | € 192,046 | € 248,256 | € 279,880 | ▲ 13% |
| Bank debt | € 2,356,826 | € 2,211,882 | € 2,065,437 | € 1,930,920 | ▼ 7% |
| Balance sheet total | € 2,873,990 | € 2,771,152 | € 2,681,263 | € 2,581,846 | ▼ 4% |
Key figures of Belgian American Corporation, 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 Belgian American Corporation?
What happened at Belgian American Corporation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HOLDING ALTO SRL stepped down as director. NBB
- Laurent Hanseeuw stepped down as director. NBB
- LOCATION ET GESTION SRL stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 31,624 (▼ 44% vs 2023). Source: NBB ↗
- LOCATION ET GESTION SRL became a director. NBB
- HOLDING ALTO SRL became a director. NBB
- Laurent Hanseeuw became a director. NBB
- New establishment in Brussel. KBO
In short
From € 29,381 profit in 2021 to € 31,624 profit in 2024.
Best year ever: 2023, with € 56,210 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
The stake of HOLDING ALTO, IMMO ACH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Belgian American CorporationThe shares are held by HOLDING ALTO (61.5%) and IMMO ACH (38.4%). It owns 8% of D.L.S.A. itself.
Directors
According to the 2024 annual accounts
Director
since 2021 · until 2026
Laurent Hanseeuw
Managing director
Also active at: Immobilière Ideal, Gretrim, IMMOBILIERE SZLACHTER, Bureau B.G., COMPARTIMMO, D.L.S.A., METTEWIMMO, Valdivia +13 more
since 2021 · until 2026
Director · represented by LAURENT GOFFEAU
Also active at: D.L.S.A., METTEWIMMO, RIORIM, MoHa, YES CONCEPT, IMMO FORT JACO, IMMO ACH
since 2024 · until 2026
Shareholders
61.5%
38.4%
Participations
8%
Establishments
Establishment units
Physical locations of this company
Gulden-Vlieslaan 21 box 5
1050 Elsene
Koningsstraat 71
1000 Brussel
Active since 1 June 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Coopérative pour le Développement des Câbles Electriques isolés
Immobilière Ideal same network
€ 880,809 gross margin · 2024
Interbureau
IMMOBILIERE SZLACHTER same network
€ 456,129 gross margin · 2025
Bureau B.G. same network
€ 873,300 gross margin · 2025
+24 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
- 0400.413.525
- VAT number
- BE 0400.413.525
- Registered office
- Gulden-Vlieslaan 21 bus 5, 1050 Elsene
- Names & denominations
- Belgian American Corporation · B.A.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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