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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CROWN BUILDING from Elsene, company number BE0427485433, closed financial year 2025 with a result of € -547,513 after tax. For that financial year CROWN BUILDING recorded a gross margin of € 2.2 million and equity of € 952,996. Compared with financial year 2024, the result moved from € -842,342 to € -547,513. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 952,996
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -547,513
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 426,222.
Debts at end 2025
€ 16.9 million
▲ 14% vs 2024
€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 32,718
▲ € 28,224 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 972
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,932,213 | € 2,153,256 | € 2,284,892 | € 2,243,798 | ▼ 2% |
| Profit after taxes | € -607,427 | € -444,970 | € -842,342 | € -547,513 | ▲ € 294,829 |
| Equity | € 2,787,822 | € 2,342,852 | € 1,500,509 | € 952,996 | ▼ 36% |
| Total debts | € 19,688,731 | € 19,465,414 | € 15,294,526 | € 17,558,675 | ▲ 15% |
| Cash | € 53,303 | € 609,305 | € 1,934,748 | € 3,620,060 | ▲ 87% |
| Land & buildings | € 14,625,232 | € 12,894,246 | € 11,163,259 | € 9,475,860 | ▼ 15% |
| Retained profit | € 2,261,048 | € 1,816,078 | € 973,736 | € 426,222 | ▼ 56% |
| Bank debt | € 18,880,000 | € 18,880,000 | € 14,755,000 | € 16,880,000 | ▲ 14% |
| Balance sheet total | € 22,476,552 | € 21,808,266 | € 16,795,036 | € 18,511,671 | ▲ 10% |
Key figures of CROWN BUILDING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CROWN BUILDING?
What happened at CROWN BUILDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MIDCAP stepped down as director. NBB
- EUROPEAN CROWN REAL ESTATE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 547,513. filed late Source: NBB ↗
- MIDCAP became a director. NBB
- EUROPEAN CROWN REAL ESTATE became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 607,427 loss in 2022 to € 547,513 loss in 2025.
Paid € 911 in corporate taxes since 2022.
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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 EUROPEAN CROWN REAL ESTATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CROWN BUILDINGThe shares are held by EUROPEAN CROWN REAL ESTATE (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Michael DESPIEGELAERE
Also active at: 109 ROYAL, HG Investment Group, EUROPEAN CROWN REAL ESTATE
since 2024 · until 2030
Director · represented by Bérenger DROUIN
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lesbroussartstraat 45
1050 Elsene
Louis Schmidtlaan 87
1040 Etterbeek
Active since 13 June 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ARTHELYS
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€ 46,338 gross margin · 2025
OFFICE DU LOGEMENT SOLIDAIRE
€ 371,739 gross margin · 2024
+8 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
- 0427.485.433
- VAT number
- BE 0427.485.433
- Registered office
- Lesbroussartstraat 45, 1050 Elsene
- Names & denominations
- CROWN BUILDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1985
- Peppol
- Not registered
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
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