Financials
Financial year 2025
Union from Brussel, company number BE0402935030, closed financial year 2025 with a result of € -46,107 after tax. For that financial year Union recorded a gross margin of € 270 and equity of € 663,669. Compared with financial year 2024, the result moved from € 3.6 million to € -46,107. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 663,669
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,107
▼ still € 3.6 million profit in 2024
Profit after tax over the fiscal year.
€ 4,267
▲ € 3,903 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 68,669.
Debts at end 2025
€ 700,000
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 284% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,436
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -27,559 | € -5,841 | € 4,879,034 | € 270 | ▼ € 4.9 million |
| Profit after taxes | € -36,072 | € -55,174 | € 3,627,799 | € -46,107 | ▼ € 3.7 million |
| Equity | € 337,151 | € 281,977 | € 709,776 | € 663,669 | ▼ 6% |
| Total debts | € 14,599,520 | € 16,067,922 | € 7,521,740 | € 4,702,952 | ▼ 37% |
| Cash | € 2,291 | € 2,033 | € 364 | € 4,267 | ▲ € 3,903 |
| Land & buildings | € 392,562 | € 738,830 | € 702,026 | € 666,693 | ▼ 5% |
| Retained profit | € -257,849 | € -313,023 | € 114,776 | € 68,669 | ▼ 40% |
| Dividend | € 0 | € 0 | € 3,200,000 | € 0 | ▼ 100% |
| Bank debt | € 947,933 | € 0 | € 0 | € 700,000 | |
| Balance sheet total | € 15,024,671 | € 16,349,900 | € 8,231,515 | € 5,366,621 | ▼ 35% |
Key figures of Union, 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 Union?
What happened at Union in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick August Bouwen stepped down as director. NBB
- Kim Heungens stepped down as director. NBB
- Cyrielle Yvonne Bouwen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 46,107 (▼ € 3.7 million vs 2024). Source: NBB ↗
- Patrick August Bouwen became a director. NBB
- Kim Heungens became a director. NBB
- Cyrielle Yvonne Bouwen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 36,072 loss in 2022 to € 46,107 loss in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.6 million profit.
Paid out € 3.2 million in dividends to the owners in total.
Management
The stake of B.P.A. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UnionThe shares are held by B.P.A. (100%).
Directors
According to the 2025 annual accounts
Patrick August Bouwen
Managing director
Also active at: GROUP BOUWEN IMMO, B.P.A., TRADING PLACES, FALCON, ALLIANCE, RESIDENTIE DEN DULFT, HET FORT, BEDRIJVENPARK STONE +3 more
since 2020 · until 2030
Kim Heungens
Managing director
Also active at: GROUP BOUWEN IMMO, B.P.A., TRADING PLACES, RESIDENTIE DEN DULFT, HET FORT, VIMINALIS, VIMINALIS II, BEDRIJVENPARK STONE +4 more
since 2013 · until 2030
Cyrielle Yvonne Bouwen
Director
Also active at: GROUP BOUWEN IMMO, B.P.A., TRADING PLACES, ALLIANCE, BEDRIJVENPARK STONE, DIEGEM STATION II
since 2013 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 54
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.935.030
- VAT number
- BE 0402.935.030
- Registered office
- Franklin Rooseveltlaan 54, 1050 Brussel
- Names & denominations
- Union
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1923
- Peppol
- Active · Active since 8 Jan 2025
- Activities · NACE
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