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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELGIUM CORPORATION from Watermaal-Bosvoorde, company number BE0428229264, closed financial year 2025 with a result of € -18,822 after tax. For that financial year BELGIUM CORPORATION recorded a gross margin of € 54,582 and equity of € 180,419. Compared with financial year 2024, the result moved from € -6,214 to € -18,822. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 180,419
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,822
▼ 203 % more loss than in 2024
Profit after tax over the fiscal year.
€ 91,538
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 118,419.
People and assets in 2025
€ 41,362
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,114
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,178
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,420
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,618 | € 50,882 | € 65,445 | € 54,582 | ▼ 17% |
| Profit after taxes | € 12,988 | € -21,055 | € -6,214 | € -18,822 | ▼ € 12,609 |
| Equity | € 226,511 | € 205,455 | € 199,241 | € 180,419 | ▼ 9% |
| Total debts | € 368,687 | € 356,450 | € 346,072 | € 339,046 | ▼ 2% |
| Cash | € 111,847 | € 67,563 | € 87,873 | € 91,538 | ▲ 4% |
| Land & buildings | € 462,381 | € 445,893 | € 424,525 | € 414,550 | ▼ 2% |
| Retained profit | € 164,511 | € 143,455 | € 137,241 | € 118,419 | ▼ 14% |
| Balance sheet total | € 607,861 | € 573,902 | € 556,644 | € 530,129 | ▼ 5% |
| Employees (FTE) | 1 | 1 | 1 | - |
Key figures of BELGIUM CORPORATION, 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 BELGIUM CORPORATION?
What happened at BELGIUM CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John Billiet stepped down as director. NBB
- Marie-Pierre Straetmans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,822. Source: NBB ↗
- John Billiet became a director. NBB
- Marie-Pierre Straetmans became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,988 profit in 2022 to € 18,822 loss in 2025.
Paid € 6,113 in corporate taxes since 2022.
Best year ever: 2022, with € 12,988 profit.
On average € 65,400 of value added per employee in 2024.
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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
Directors
According to the 2025 annual accounts
John Billiet
Managing director
Also active at: Compagnie Européenne de Gestion financière et d'Assurances, UNION FONCIERE EUROPEENNE, Vanguard Law
since 2023 · until 2029
Marie-Pierre Straetmans
Director
Also active at: Compagnie Européenne de Gestion financière et d'Assurances, UNION FONCIERE EUROPEENNE
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Winterkoninkjestraat 28
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.229.264
- VAT number
- BE 0428.229.264
- Registered office
- Winterkoninkjestraat 28, 1170 Watermaal-Bosvoorde
- Names & denominations
- BELGIUM CORPORATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1985
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Stukadoorswerk
Activiteiten van interieurarchitecten
Schrijnwerk
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Plaatsen van vloer- en wandtegels
Detailhandel in motorvoertuigen
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