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.
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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.
€ -135,551
▼ € 20,334 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,334
▼ 559 % more loss than in 2023
Profit after tax over the fiscal year.
€ 162
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -216,116.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 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.
€ 4,752
▲ 102% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 33,335
▲ 58% vs 2023
Loans from banks and other lenders, long and short.
€ 18,559
▲ 14% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 65,134 | € 53,806 | € 65,065 | € 52,451 | ▼ 19% |
| Profit after taxes | € -7,923 | € -13,096 | € -3,085 | € -20,334 | ▼ € 17,249 |
| Equity | € -89,803 | € -102,898 | € -115,217 | € -135,551 | ▼ € 20,334 |
| Total debts | € 135,996 | € 135,512 | € 165,565 | € 176,763 | ▲ 7% |
| Cash | € 162 | € 937 | € 162 | € 162 | |
| Retained profit | € -170,368 | € -183,464 | € -195,782 | € -216,116 | ▼ € 20,334 |
| Bank debt | € 34,845 | € 19,318 | € 21,092 | € 33,335 | ▲ 58% |
| Balance sheet total | € 46,194 | € 32,613 | € 50,348 | € 41,212 | ▼ 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:
- New annual accounts for financial year 2024: loss of € 20,334. filed late Source: NBB ↗
- CHARLES VERBRUGGEN became a director. NBB
- New establishment in Brussel. KBO
- 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.
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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
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
Renaissancelaan 34 box 39
1000 Brussel
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.
All companies at this address →Philippe FORTON, Avocat
€ 20,016 gross margin · 2024
QUALEXIMMO
€ -1,110 gross margin · 2025
London School of Economics and Political Science Alumni Association Belgium
SAMAI
€ 45,555 gross margin · 2025
POMA MEDICAL
€ 92,561 gross margin · 2022
+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