Active · per the CBE, 30 September 2026

Larsan

BE0425543750

Rechtspersoon Public limited company 1 establishment

Larsan is an estate agency in Elsene. Public Limited, started on 20 October 1983, 1 establishment.

Louizalaan 231, 1050 Elsene

Behind the company: Axel Munters, Sandra Munters.

Active for

42 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

Financials

Financial year 2024

Larsan from Elsene, company number BE0425543750, closed financial year 2024 with a result of € -18,668 after tax. For that financial year Larsan recorded a gross margin of € 260,364 and equity of € 2.6 million. Compared with financial year 2023, the result moved from € -296,967 to € -18,668. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.

What it is worth Healthy

€ 2.6 million

▼ 5% vs 2023

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

Loss Caution

€ -18,668

▲ 94 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 11,246

▼ 25% vs 2023

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 € 835,132.

People and assets in 2024

Vehicles and equipment

€ 1,548

▼ 25% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 7 years to go

€ 2.8 million

▼ 3% vs 2023

€ 419,712 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 184,761

▼ 12% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,284

▼ 8% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 195,681 € 89,169 € 45,472 € 260,364 ▲ € 214,892
Profit after taxes € -284,790 € -250,230 € -296,967 € -18,668 ▲ € 278,299
Equity € 3,304,502 € 3,054,271 € 2,757,304 € 2,611,919 ▼ 5%
Total debts € 3,476,909 € 3,512,206 € 4,041,011 € 3,333,636 ▼ 18%
Cash € 38,128 € 32,084 € 15,034 € 11,246 ▼ 25%
Land & buildings € 5,027,355 € 4,871,533 € 4,766,226 € 3,983,388 ▼ 16%
Retained profit € 1,400,997 € 1,150,767 € 853,800 € 835,132 ▼ 2%
Bank debt € 3,356,000 € 3,168,309 € 2,848,519 € 2,750,598 ▼ 3%
Balance sheet total € 7,470,613 € 7,220,225 € 7,428,265 € 6,551,708 ▼ 12%

Key figures of Larsan, 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 Larsan?

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

  • New annual accounts for financial year 2024: loss of € 18,668. filed late Source: NBB ↗
  • Jeannine Houben stepped down as director. NBB
  • Axel Munters became a director. NBB
  • Sandra Munters became a director. NBB
  • New establishment in Schaarbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 284,790 loss in 2021 to € 18,668 loss in 2024.

Paid € 2,683 in corporate taxes since 2021.

Management

The stake of STEPPE IN TOWN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Larsan
Noa-BH 100%

Behind Larsan are Axel Munters and Sandra Munters. The shares are held by STEPPE IN TOWN (100%). It owns 100% of Noa-BH itself.

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Directors

According to the 2024 annual accounts

Axel Munters

Director

Also active at: Lara en Co, MUNTERS & BOSTANCI, NOA-BH, STEPPE IN TOWN

since 2007

Sandra Munters

Director

since 2007

Jeannine Houben

Director

· until 2025

Shareholders

Participations

Noa-BH

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 231

1050 Elsene

2.038.421.346

Emile Maxlaan 182 box 11

1030 Schaarbeek

Active since 1 December 1984

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0425.543.750
VAT number
BE 0425.543.750
Registered office
Louizalaan 231, 1050 Elsene
Names & denominations
Larsan
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
20 October 1983
Peppol
Active · Active since 11 Dec 2025
Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Frequently asked questions

What does Larsan do?
Larsan is an estate agency in Elsene. Public Limited, started on 20 October 1983, 1 establishment.
What is the address of Larsan?
The registered office of Larsan is located at Louizalaan 231, 1050 Elsene.
Is Larsan still active?
Yes. According to the CBE (30 September 2026) Larsan is active, legal situation “Normale toestand”, started on 20 October 1983.
Is Larsan registered on Peppol?
Yes, Larsan is registered on the Peppol network with ID 0208:0425543750.
What is the enterprise number of Larsan?
The enterprise number of Larsan is BE0425543750.
When was Larsan founded?
Larsan was founded on 20 October 1983.