Active · per the CBE, 18 September 2026

Belgian American Corporation

BE0400413525

Rechtspersoon Public limited company 1 establishment

Belgian American Corporation is a property company in Elsene. Public Limited, started on 1 January 1968, 1 establishment.

Gulden-Vlieslaan 21 box 5, 1050 Elsene

Active for

58 year, 8 months

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.

What it is worth Growing

€ 629,880

▲ 5% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 31,624

▼ 44% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 324,487

▲ 10% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 279,880.

Debts at end 2024

Bank debt ≈ 15 years to go

€ 1.9 million

▼ 7% vs 2023

€ 125,575 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 2,452

▼ 1% vs 2023

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 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.

Management

IMMO ACH 38.4%

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 Corporation

The shares are held by HOLDING ALTO (61.5%) and IMMO ACH (38.4%). It owns 8% of D.L.S.A. itself.

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Directors

According to the 2024 annual accounts

HOLDING ALTO SRL

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

LOCATION ET GESTION SRL

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

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Gulden-Vlieslaan 21 box 5

1050 Elsene

2.148.414.891

Koningsstraat 71

1000 Brussel

Active since 1 June 2005

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

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Frequently asked questions

What does Belgian American Corporation do?
Belgian American Corporation is a property company in Elsene. Public Limited, started on 1 January 1968, 1 establishment.
What is the address of Belgian American Corporation?
The registered office of Belgian American Corporation is located at Gulden-Vlieslaan 21 box 5, 1050 Elsene.
Is Belgian American Corporation still active?
Yes. According to the CBE (18 September 2026) Belgian American Corporation is active, legal situation “Normale toestand”, started on 1 January 1968.
Is Belgian American Corporation registered on Peppol?
Yes, Belgian American Corporation is registered on the Peppol network with ID 0208:0400413525.
What is the enterprise number of Belgian American Corporation?
The enterprise number of Belgian American Corporation is BE0400413525.
When was Belgian American Corporation founded?
Belgian American Corporation was founded on 1 January 1968.