Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Participo CM Vlaams-Brabant en Brussel from Leuven, company number BE0417956865, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Participo CM Vlaams-Brabant en Brussel recorded a gross margin of € 2.6 million and equity of € 37.8 million. Compared with financial year 2024, the result moved from € -287,255 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 37.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ still € 287,255 loss in 2024
Profit after tax over the fiscal year.
€ 13 million
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7.6
▼ 6.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 456,348
▼ 53% vs 2024
€ 60,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 66,795
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23.6 million
▲ 38% vs 2024
€ 21.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 373,237
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 131,422
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,601,953 | € 2,837,879 | € 3,520,633 | - | |
| Gross margin | € 2,425,056 | € 2,470,337 | € 2,102,135 | € 2,602,078 | ▲ 24% |
| Profit after taxes | € -486,524 | € -688,603 | € -287,255 | € 1,093,585 | ▲ € 1.4 million |
| Equity | € 31,263,422 | € 30,574,819 | € 36,663,061 | € 37,756,647 | ▲ 3% |
| Total debts | € 5,439,230 | € 7,026,791 | € 31,844,109 | € 24,263,193 | ▼ 24% |
| Cash | € 2,415,770 | € 1,188,398 | € 11,195,397 | € 12,994,761 | ▲ 16% |
| Land & buildings | € 17,329,714 | € 24,431,683 | € 29,553,711 | € 27,492,207 | ▼ 7% |
| Retained profit | € -3,640,120 | € -4,328,723 | € 10,247,901 | € 11,341,486 | ▲ 11% |
| Bank debt | € 4,947,420 | € 6,070,291 | € 17,047,729 | € 23,589,173 | ▲ 38% |
| Balance sheet total | € 36,734,787 | € 37,633,746 | € 68,539,306 | € 62,019,840 | ▼ 10% |
| Employees (FTE) | 12.5 | 13.5 | 13.9 | 7.6 | ▼ 6.3 |
Key figures of Participo CM Vlaams-Brabant en Brussel, 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 Participo CM Vlaams-Brabant en Brussel?
What happened at Participo CM Vlaams-Brabant en Brussel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Vandenabeele stepped down as director. NBB
- Zeger Saerens stepped down as director. NBB
- Els Rossignol stepped down as director. NBB
- Armand Hermans stepped down as director. NBB
- Joost Vastenavondt stepped down as director. NBB
- David Vanthienen stepped down as director. NBB
- Peter Michiels stepped down as director. NBB
- Roger Janssens stepped down as director. NBB
In short
From € 486,524 loss in 2022 to € 1.1 million profit in 2025.
Paid € 91,016 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
On average € 342,400 of value added per employee in 2025.
A new publication or filing at Participo CM Vlaams-Brabant en Brussel? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Geert Vandenabeele
Director
Also active at: Concordimmo, Sociaal centrum van Leuven, De Bergen, Dijle en Zenne, VIVANTIA, Yucca
since 2022 · until 2028
since 2022 · until 2028
Els Rossignol
Director
Also active at: De Christelijke Sociale Werken van het Arrondissement Brussel, Concordimmo, Sociaal centrum van Leuven, Service Intersocial Belge - Belgische Intersociale Dienst, De Bergen, Dijle en Zenne, VIVANTIA, Intersoc TO
since 2022 · until 2028
Armand Hermans
Chairman of the board
Also active at: Sint-Jozefskliniek van Vilvoorde, Sociaal centrum van Leuven, VIVANTIA
since 2022 · until 2028
since 2022 · until 2028
David Vanthienen
Director
since 2022 · until 2028
Peter Michiels
Director
Also active at: Concordimmo, Sociaal centrum van Leuven, De Bergen, VIVANTIA
since 2022 · until 2028
Roger Janssens
Director
Also active at: Concordimmo, Sociaal centrum van Leuven, De Bergen, VIVANTIA
since 2022 · until 2028
Jessica Hunt
Director
since 2022 · until 2028
Thomas Appelmans
Director
since 2022 · until 2028
Marc Baelus
Director
Also active at: Sint-Jozefskliniek van Vilvoorde, Concordimmo, Sociaal centrum van Leuven, Service Intersocial Belge - Belgische Intersociale Dienst, De Bergen, Wiegwijs, VIVANTIA, Intersoc TO
since 2022 · until 2028
since 2022 · until 2028
Hanne Vandenbroucke
Director
since 2022 · until 2028
Sandra Martin
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Koning Leopold I-straat 34
3000 Leuven
Platte Lostraat 541
3010 Leuven
Active since 28 November 1977
Burgem. Stanislas De Rijcklaan 3
3001 Leuven
Active since 28 November 1977
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0417.956.865
- VAT number
- BE 0417.956.865
- Registered office
- Koning Leopold I-straat 34, 3000 Leuven
- Names & denominations
- Participo CM Vlaams-Brabant en Brussel · Participo CM VLBB
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 November 1977
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Serviceflats voor ouderen
Rust- en verzorgingstehuizen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Apothekers
Detailhandel in farmaceutische producten
Activiteiten van syndici van onroerend goed
Detailhandel in corrigerende brillen, lenzen en zonnebrillen
Rust- en verzorgingstehuizen (RVT)
+2