Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
URBAN NATION ASSOCIATES from Vorst, company number BE0424535940, closed financial year 2024 with a result of € 65,897 after tax. For that financial year URBAN NATION ASSOCIATES recorded a gross margin of € 913,336 and equity of € 3.1 million. Compared with financial year 2023, the result moved from € 85,688 to € 65,897. 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 30, 2025.
€ 3.1 million
▲ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,897
▼ 23% vs 2023
Profit after tax over the fiscal year.
€ 144,599
▼ 74% 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 € 2.9 million.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 72,535
€ 72,500 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.
€ 75,528
▼ 38% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 6.2 million
▲ 115% vs 2023
€ 456,773 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 740,120
▲ 225% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 146,392
▼ 36% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 648,948 | € 1,032,198 | € 587,476 | € 913,336 | ▲ 55% |
| Profit after taxes | € 263,690 | € 416,931 | € 85,688 | € 65,897 | ▼ 23% |
| Equity | € 2,130,702 | € 2,547,633 | € 2,712,079 | € 3,089,173 | ▲ 14% |
| Total debts | € 3,518,437 | € 2,662,857 | € 3,993,657 | € 7,520,680 | ▲ 88% |
| Cash | € 448,032 | € 595,060 | € 563,498 | € 144,599 | ▼ 74% |
| Land & buildings | € 2,402,640 | € 2,259,729 | € 2,043,574 | € 6,406,619 | ▲ 214% |
| Retained profit | € 1,968,202 | € 2,385,133 | € 2,549,579 | € 2,925,320 | ▲ 15% |
| Bank debt | € 2,224,544 | € 2,043,114 | € 2,901,875 | € 6,249,010 | ▲ 115% |
| Balance sheet total | € 5,669,495 | € 5,283,511 | € 6,804,160 | € 10,821,656 | ▲ 59% |
| Employees (FTE) | 1.9 | 2.6 | 1 | 1 |
Key figures of URBAN NATION ASSOCIATES, 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 URBAN NATION ASSOCIATES?
What happened at URBAN NATION ASSOCIATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nina Rodriguez-Castinado stepped down as director. NBB
- Gilles Dehareng stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 65,897 (▼ 23% vs 2023). filed late Source: NBB ↗
- Nina Rodriguez-Castinado became a director. NBB
- New establishment in Elsene. KBO
- Gilles Dehareng became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 263,690 profit in 2021 to € 65,897 profit in 2024.
Paid € 286,511 in corporate taxes since 2021.
Best year ever: 2022, with € 416,931 profit.
On average € 913,300 of value added per employee in 2024.
A new publication or filing at URBAN NATION ASSOCIATES? 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
It owns 40% of Urban Nation Architects and 29.8% of Urban Nation & Gicart-Renaud, Architectes itself.
Directors
According to the 2024 annual accounts
since 2022 · until 2028
Gilles Dehareng
Director
Also active at: Urban Nation & Gicart-Renaud, Architectes, Urban Nation Architects, DECOSTER PROPERTY
since 2010 · until 2028
Establishments
Establishment units
Physical locations of this company
Pierre Decosterstraat 110 box A
1190 Vorst
Adolphe Buyllaan 90
1050 Elsene
Active since 24 February 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.535.940
- VAT number
- BE 0424.535.940
- Registered office
- Pierre Decosterstraat 110 bus A, 1190 Vorst
- Names & denominations
- URBAN NATION ASSOCIATES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1983
- Peppol
- Active · Active since 29 Jul 2026
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Activiteiten van holdings
Creatie van beeldende kunsten
+7