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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BUILDING from Gent, company number BE0435543856, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year BUILDING recorded a gross margin of € 319,319 and equity of € -585,952. Compared with financial year 2024, the result moved from € -182,669 to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ -585,952
▼ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 534 % more loss than in 2024
Profit after tax over the fiscal year.
€ 115,789
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -735,952.
Debts at end 2025
€ 5.6 million
▲ 6% vs 2024
€ 115,181 is repaid this year. At this pace the long-term loan is gone in ≈ 48 years.
€ 14,096
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,189
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 183,119 | € 161,804 | € 253,236 | € 319,319 | ▲ 26% |
| Profit after taxes | € -58,601 | € -89,963 | € -182,669 | € -1,157,230 | ▼ € 974,561 |
| Equity | € 843,910 | € 753,947 | € 571,278 | € -585,952 | ▼ € 1.2 million |
| Total debts | € 2,576,964 | € 5,178,183 | € 5,318,189 | € 5,771,307 | ▲ 9% |
| Cash | € 86,066 | € 141,479 | € 81,520 | € 115,789 | ▲ 42% |
| Land & buildings | € 3,202,199 | € 5,567,951 | € 5,413,463 | € 4,354,740 | ▼ 20% |
| Retained profit | € 693,910 | € 603,947 | € 421,278 | € -735,952 | ▼ € 1.2 million |
| Bank debt | € 2,516,901 | € 5,099,131 | € 5,252,108 | € 5,563,357 | ▲ 6% |
| Balance sheet total | € 3,567,908 | € 6,066,911 | € 6,011,995 | € 5,295,631 | ▼ 12% |
Key figures of 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 BUILDING?
What happened at BUILDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
- ASSETS INVEST BV became a director. NBB
- Marc JANSSENS became a director. NBB
- Filiep BALCAEN became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,601 loss in 2022 to € 1.2 million loss in 2025.
Management
The stake of Baltisse Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BUILDINGBehind BUILDING are Filiep BALCAEN, ASSETS INVEST BV and Marc JANSSENS. The shares are held by Baltisse Real Estate (97.6%).
Directors
According to the 2025 annual accounts
Filiep BALCAEN
Director
Also active at: Huis te Lande, ARGIBEL, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE, JET PARK +22 more
since 2018
Director · represented by Alex DE WITTE
Also active at: ARGIBEL, Horatius Capital Partners, WATT FACTORY, BOEVERIE, LIEGE BECASSE, XIOR Namen, VICTORIA REGINA, BLUE LINE STORAGE +21 more
since 2022
Marc JANSSENS
Director
Also active at: ARGIBEL, Sharp Insurance Brokers, GRADA INTERNATIONAL, SERVINT, PHYTO-TECHNICS, Floorenter, LIEGE BECASSE, JET PARK +33 more
since 2020
Shareholders
97.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Franklin Rooseveltlaan 349 box B45
9000 Gent
Active since 12 January 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
AtlantaCo
€ 30,827 gross margin · 2024
+50 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
- 0435.543.856
- VAT number
- BE 0435.543.856
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- BUILDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handelsbemiddeling in de niet-gespecialiseerde groothandel