What does FLATS RESIDENCES do?

FLATS RESIDENCES is a property manager in Brussel. Private Limited, started on 1 March 1978, 1 establishment.

What is the address of FLATS RESIDENCES?

The registered office of FLATS RESIDENCES is located at Renaissancelaan 34 box 39, 1000 Brussel.

Is FLATS RESIDENCES still active?

Yes. According to the CBE (30 October 2026) FLATS RESIDENCES is active, legal situation “Normale toestand”, started on 1 March 1978.

Is FLATS RESIDENCES registered on Peppol?

Yes, FLATS RESIDENCES is registered on the Peppol network with ID 0208:0418298543.

What is the enterprise number of FLATS RESIDENCES?

The enterprise number of FLATS RESIDENCES is BE0418298543.

When was FLATS RESIDENCES founded?

FLATS RESIDENCES was founded on 1 March 1978.

Who are the directors of FLATS RESIDENCES?

According to the 2024 annual accounts, the directors of FLATS RESIDENCES are: CHARLES VERBRUGGEN.

Is FLATS RESIDENCES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 March 1978; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did FLATS RESIDENCES make in 2024?

FLATS RESIDENCES recorded a loss after taxes of € 20,334 in financial year 2024.

What is the revenue of FLATS RESIDENCES?

As a small company, FLATS RESIDENCES is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 52,451.

FLATS RESIDENCES (Private Limited) - Brussel

Dossier FLATS RESIDENCES, printed on 30 October 2026 from databakkes.be/en/0418298543/flats-residences. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

FLATS RESIDENCES from Brussel, company number BE0418298543, closed financial year 2024 with a result of € -20,334 after tax. For that financial year FLATS RESIDENCES recorded a gross margin of € 52,451 and equity of € -135,551. Compared with financial year 2023, the result moved from € -3,085 to € -20,334. 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 October 7, 2025.

What it is worth Caution

€ -135,551

▼ € 20,334 vs 2023

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

Loss Caution

€ -20,334

▼ 559 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 162

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -216,116.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 67,164

▲ 1% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,752

▲ 102% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 33,335

▲ 58% vs 2023

Loans from banks and other lenders, long and short.

Taxes and wages

€ 18,559

▲ 14% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 65,134 Gross margin 2021: € 65,134 First fiscal year in the series	€ 53,806 Gross margin 2022: € 53,806 ▼ 17% vs 2021 (€ 65,134) Unfavourable step	€ 65,065 Gross margin 2023: € 65,065 ▲ 21% vs 2022 (€ 53,806) Favourable step	€ 52,451 Gross margin 2024: € 52,451 ▼ 19% vs 2023 (€ 65,065) Unfavourable step	▼ 19%
Profit after taxes	€ -7,923 Profit after taxes 2021: € -7,923 First fiscal year in the series	€ -13,096 Profit after taxes 2022: € -13,096 ▼ € 5,172 vs 2021 (€ -7,923) Unfavourable step	€ -3,085 Profit after taxes 2023: € -3,085 ▲ € 10,011 vs 2022 (€ -13,096) Favourable step	€ -20,334 Profit after taxes 2024: € -20,334 ▼ € 17,249 vs 2023 (€ -3,085) Unfavourable step	▼ € 17,249
Equity	€ -89,803 Equity 2021: € -89,803 First fiscal year in the series	€ -102,898 Equity 2022: € -102,898 ▼ € 13,096 vs 2021 (€ -89,803) Unfavourable step	€ -115,217 Equity 2023: € -115,217 ▼ € 12,319 vs 2022 (€ -102,898) Unfavourable step	€ -135,551 Equity 2024: € -135,551 ▼ € 20,334 vs 2023 (€ -115,217) Unfavourable step	▼ € 20,334
Total debts	€ 135,996 Total debts 2021: € 135,996 First fiscal year in the series	€ 135,512 Total debts 2022: € 135,512 Unchanged (€ 135,996) Favourable step	€ 165,565 Total debts 2023: € 165,565 ▲ 22% vs 2022 (€ 135,512) Unfavourable step	€ 176,763 Total debts 2024: € 176,763 ▲ 7% vs 2023 (€ 165,565) Unfavourable step	▲ 7%
Cash	€ 162 Cash 2021: € 162 First fiscal year in the series	€ 937 Cash 2022: € 937 ▲ € 776 vs 2021 (€ 162) Favourable step	€ 162 Cash 2023: € 162 ▼ 83% vs 2022 (€ 937) Unfavourable step	€ 162 Cash 2024: € 162 Unchanged (€ 162) Unchanged
Retained profit	€ -170,368 Retained profit 2021: € -170,368 First fiscal year in the series	€ -183,464 Retained profit 2022: € -183,464 ▼ € 13,096 vs 2021 (€ -170,368) Unfavourable step	€ -195,782 Retained profit 2023: € -195,782 ▼ € 12,319 vs 2022 (€ -183,464) Unfavourable step	€ -216,116 Retained profit 2024: € -216,116 ▼ € 20,334 vs 2023 (€ -195,782) Unfavourable step	▼ € 20,334
Bank debt	€ 34,845 Bank debt 2021: € 34,845 First fiscal year in the series	€ 19,318 Bank debt 2022: € 19,318 ▼ 45% vs 2021 (€ 34,845) Favourable step	€ 21,092 Bank debt 2023: € 21,092 ▲ 9% vs 2022 (€ 19,318) Unfavourable step	€ 33,335 Bank debt 2024: € 33,335 ▲ 58% vs 2023 (€ 21,092) Unfavourable step	▲ 58%
Balance sheet total	€ 46,194 Balance sheet total 2021: € 46,194 First fiscal year in the series	€ 32,613 Balance sheet total 2022: € 32,613 ▼ 29% vs 2021 (€ 46,194) Unchanged	€ 50,348 Balance sheet total 2023: € 50,348 ▲ 54% vs 2022 (€ 32,613) Unchanged	€ 41,212 Balance sheet total 2024: € 41,212 ▼ 18% vs 2023 (€ 50,348) Unchanged	▼ 18%

Key figures of FLATS RESIDENCES, 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 FLATS RESIDENCES?

What happened at FLATS RESIDENCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 7, 2025 New annual accounts for financial year 2024: loss of € 20,334. filed late Source: NBB ↗
2025 CHARLES VERBRUGGEN became a director. NBB
Jul 1, 1978 New establishment in Brussel. KBO
Mar 1, 1978 Start of the company according to the CBE. KBO

In short

From € 7,923 loss in 2021 to € 20,334 loss in 2024.

Paid € 125 in corporate taxes since 2021.

Original PDFs at the National Bank ↗

Management

CHARLES VERBRUGGEN

FLATS RESIDENCES

Behind FLATS RESIDENCES is CHARLES VERBRUGGEN.

Directors

According to the 2024 annual accounts

CHARLES VERBRUGGEN

Director

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Renaissancelaan 34 box 39

1000 Brussel

2.015.013.464

Renaissancelaan 34

1000 Brussel

Active since 1 July 1978

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

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+3 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

0418.298.543

VAT number

BE 0418.298.543

Registered office

Renaissancelaan 34 bus 39, 1000 Brussel

Names & denominations

FLATS RESIDENCES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 March 1978

Peppol

Active · Active since 16 Jul 2025

Activities · NACE

Activiteiten van syndici van onroerend goed

Beheer van residentiële gebouwen

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

View on CBE Public ↗ Annual accounts (NBB) ↗

FLATS RESIDENCES

Warning lights

Financials

What happened to FLATS RESIDENCES?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions