Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 58.9 to 46.7.
-
Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
CUSHMAN & WAKEFIELD BELGIUM from Brussel, company number BE0422118165, closed financial year 2024 with a result of € 140,902 after tax. For that financial year CUSHMAN & WAKEFIELD BELGIUM recorded revenue of € 14.4 million and equity of € 11.2 million. Compared with financial year 2023, the result moved from € 2.5 million to € 140,902. 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 October 3, 2025.
€ 11.2 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 140,902
▼ 94% vs 2023
Profit after tax over the fiscal year.
€ 3.8 million
▼ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 11.2 million.
People and assets in 2024
46.7
▼ 2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 5.4 million
▼ 10% vs 2023
€ 114,600 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.
Debts at end 2024
€ 29.6 million
▲ 17% vs 2023
Loans from banks and other lenders, long and short.
€ 11.4 million
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 462 days on average.
€ 2.9 million
▼ 28% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 19,107,741 | € 20,420,787 | € 20,479,018 | € 14,371,104 | ▼ 30% |
| Profit after taxes | € 1,000,057 | € 2,185,351 | € 2,498,759 | € 140,902 | ▼ 94% |
| Equity | € 6,424,223 | € 8,609,575 | € 11,108,333 | € 11,249,235 | ▲ 1% |
| Total debts | € 38,378,448 | € 38,622,780 | € 43,469,794 | € 44,486,622 | ▲ 2% |
| Cash | € 4,054,148 | € 3,688,555 | € 4,145,354 | € 3,833,613 | ▼ 8% |
| Retained profit | € 6,349,854 | € 8,535,206 | € 11,033,964 | € 11,174,866 | ▲ 1% |
| Bank debt | € 17,373,942 | € 20,782,783 | € 25,303,668 | € 29,569,717 | ▲ 17% |
| Balance sheet total | € 44,802,671 | € 47,232,355 | € 54,628,128 | € 56,954,001 | ▲ 4% |
| Employees (FTE) | 61 | 58.9 | 48.7 | 46.7 | ▼ 2 |
Key figures of CUSHMAN & WAKEFIELD BELGIUM, 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 CUSHMAN & WAKEFIELD BELGIUM?
What happened at CUSHMAN & WAKEFIELD BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LABUSE BV stepped down as director. NBB
- Collin Tennant Wilson stepped down as director. NBB
- Ian Thomas stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 140,902 (▼ 94% vs 2023). filed late Source: NBB ↗
- Collin Tennant Wilson became a director. NBB
- Ian Thomas became a director. NBB
- LABUSE BV became a director. NBB
- New establishment in Brussel. KBO
In short
From € 1 million profit in 2021 to € 140,902 profit in 2024.
Paid € 2.8 million in corporate taxes since 2021.
Best year ever: 2023, with € 2.5 million profit.
A new publication or filing at CUSHMAN & WAKEFIELD BELGIUM? 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
The stake of CUSHMAN & WAKEFIELD BELUX GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CUSHMAN & WAKEFIELD BELGIUMThe shares are held by CUSHMAN & WAKEFIELD BELUX GROUP (7.1%).
Directors
According to the 2024 annual accounts
Ian Thomas
Director
Also active at: CUSHMAN & WAKEFIELD WINSSINGER TIE LEUNG, CUSHMAN & WAKEFIELD BELUX GROUP
since 2023 · until 2028
Director · represented by Marc-Antoine Buysschaert
Also active at: CUSHMAN & WAKEFIELD WINSSINGER TIE LEUNG, CUSHMAN & WAKEFIELD BELUX GROUP, CUSHMAN & WAKEFIELD CONSULTING BRUSSELS, cushman & wakefield facilities management
since 2021 · until 2030
Collin Tennant Wilson
Director
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Terhulpsesteenweg 166
1170 Watermaal-Bosvoorde
Active since 11 December 1981
Kunstlaan 56
1000 Brussel
Active since 30 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
All companies at this address →TELEFLEX MEDICAL
€ 18.7 million revenue · 2025
CUSHMAN & WAKEFIELD WINSSINGER TIE LEUNG same network
€ 218,925 revenue · 2024
Paardekooper België
Sunparks Oostduinkerke
€ 3.9 million revenue · 2025
ADVANCED MICRO DEVICES BELGIUM
€ 1.5 million gross margin · 2025
+52 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
- 0422.118.165
- VAT number
- BE 0422.118.165
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- CUSHMAN & WAKEFIELD BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 1981
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Schatten en evalueren van onroerend goed
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Beheer van overig onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis