What does MICHAEL OSTLUND PROPERTY do?

MICHAEL OSTLUND PROPERTY is a property company in Brussel. Public Limited, started on 7 December 1988, 1 establishment.

What is the address of MICHAEL OSTLUND PROPERTY?

The registered office of MICHAEL OSTLUND PROPERTY is located at Koning Albert II-laan 32, 1000 Brussel.

Is MICHAEL OSTLUND PROPERTY still active?

Yes. According to the CBE (29 October 2026) MICHAEL OSTLUND PROPERTY is active, legal situation “Normale toestand”, started on 7 December 1988.

Is MICHAEL OSTLUND PROPERTY registered on Peppol?

Yes, MICHAEL OSTLUND PROPERTY is registered on the Peppol network with ID 0208:0436089927.

What is the enterprise number of MICHAEL OSTLUND PROPERTY?

The enterprise number of MICHAEL OSTLUND PROPERTY is BE0436089927.

When was MICHAEL OSTLUND PROPERTY founded?

MICHAEL OSTLUND PROPERTY was founded on 7 December 1988.

Who are the directors of MICHAEL OSTLUND PROPERTY?

According to the 2025 annual accounts, the directors of MICHAEL OSTLUND PROPERTY are: Renaud Jacques FAYT, Nicole DESILLE, Allianz I.A.R.D. SA.

Is MICHAEL OSTLUND PROPERTY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 December 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MICHAEL OSTLUND PROPERTY make in 2025?

MICHAEL OSTLUND PROPERTY recorded a loss after taxes of € 648,988 in financial year 2025.

What is the revenue of MICHAEL OSTLUND PROPERTY?

As a small company, MICHAEL OSTLUND PROPERTY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 4,266,896.

MICHAEL OSTLUND PROPERTY (Public Limited) - Brussel

Dossier MICHAEL OSTLUND PROPERTY, printed on 29 October 2026 from databakkes.be/en/0436089927/michael-ostlund-property. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

Financials

Financial year 2025

MICHAEL OSTLUND PROPERTY from Brussel, company number BE0436089927, closed financial year 2025 with a result of € -648,988 after tax. For that financial year MICHAEL OSTLUND PROPERTY recorded a gross margin of € 4.3 million and equity of € 11.4 million. Compared with financial year 2024, the result moved from € -3 million to € -648,988. 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 July 2, 2026.

What it is worth Healthy

€ 11.4 million

▼ 5% vs 2024

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

Loss Caution

€ -648,988

▲ 79 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10.2 million

▼ 36% vs 2024

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 € -7.2 million.

Debts at end 2025

Bank debt

€ 71.7 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 617,353

▼ 50% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 235,998 Gross margin 2022: € 235,998 First fiscal year in the series	€ 1,884,846 Gross margin 2023: € 1,884,846 ▲ € 1.6 million vs 2022 (€ 235,998) Favourable step	€ 1,927,201 Gross margin 2024: € 1,927,201 ▲ 2% vs 2023 (€ 1,884,846) Favourable step	€ 4,266,896 Gross margin 2025: € 4,266,896 ▲ 121% vs 2024 (€ 1,927,201) Favourable step	▲ 121%
Profit after taxes	€ 84,454 Profit after taxes 2022: € 84,454 First fiscal year in the series	€ -3,683,818 Profit after taxes 2023: € -3,683,818 ▼ € 3.8 million vs 2022 (€ 84,454) Unfavourable step	€ -3,032,495 Profit after taxes 2024: € -3,032,495 ▲ € 651,324 vs 2023 (€ -3,683,818) Favourable step	€ -648,988 Profit after taxes 2025: € -648,988 ▲ € 2.4 million vs 2024 (€ -3,032,495) Favourable step	▲ € 2.4 million
Equity	€ 1,723,374 Equity 2022: € 1,723,374 First fiscal year in the series	€ -1,960,444 Equity 2023: € -1,960,444 ▼ € 3.7 million vs 2022 (€ 1,723,374) Unfavourable step	€ 12,007,061 Equity 2024: € 12,007,061 ▲ € 14 million vs 2023 (€ -1,960,444) Favourable step	€ 11,358,074 Equity 2025: € 11,358,074 ▼ 5% vs 2024 (€ 12,007,061) Unfavourable step	▼ 5%
Total debts	€ 76,244,492 Total debts 2022: € 76,244,492 First fiscal year in the series	€ 83,336,371 Total debts 2023: € 83,336,371 ▲ 9% vs 2022 (€ 76,244,492) Unfavourable step	€ 84,676,046 Total debts 2024: € 84,676,046 ▲ 2% vs 2023 (€ 83,336,371) Unfavourable step	€ 81,174,158 Total debts 2025: € 81,174,158 ▼ 4% vs 2024 (€ 84,676,046) Favourable step	▼ 4%
Cash	€ 3,407,449 Cash 2022: € 3,407,449 First fiscal year in the series	€ 1,772,184 Cash 2023: € 1,772,184 ▼ 48% vs 2022 (€ 3,407,449) Unfavourable step	€ 15,892,120 Cash 2024: € 15,892,120 ▲ € 14.1 million vs 2023 (€ 1,772,184) Favourable step	€ 10,176,473 Cash 2025: € 10,176,473 ▼ 36% vs 2024 (€ 15,892,120) Unfavourable step	▼ 36%
Land & buildings	€ 74,272,158 Land & buildings 2022: € 74,272,158 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 74,272,158) Unchanged	-	-
Retained profit	€ 123,374 Retained profit 2022: € 123,374 First fiscal year in the series	€ -3,560,444 Retained profit 2023: € -3,560,444 ▼ € 3.7 million vs 2022 (€ 123,374) Unfavourable step	€ -6,592,939 Retained profit 2024: € -6,592,939 ▼ € 3 million vs 2023 (€ -3,560,444) Unfavourable step	€ -7,241,926 Retained profit 2025: € -7,241,926 ▼ € 648,988 vs 2024 (€ -6,592,939) Unfavourable step	▼ € 648,988
Bank debt	€ 70,982,992 Bank debt 2022: € 70,982,992 First fiscal year in the series	€ 71,743,000 Bank debt 2023: € 71,743,000 ▲ 1% vs 2022 (€ 70,982,992) Unfavourable step	€ 71,743,000 Bank debt 2024: € 71,743,000 Unchanged (€ 71,743,000) Unchanged	€ 71,743,000 Bank debt 2025: € 71,743,000 Unchanged (€ 71,743,000) Unchanged
Balance sheet total	€ 77,967,866 Balance sheet total 2022: € 77,967,866 First fiscal year in the series	€ 81,375,927 Balance sheet total 2023: € 81,375,927 ▲ 4% vs 2022 (€ 77,967,866) Unchanged	€ 96,683,108 Balance sheet total 2024: € 96,683,108 ▲ 19% vs 2023 (€ 81,375,927) Unchanged	€ 92,532,232 Balance sheet total 2025: € 92,532,232 ▼ 4% vs 2024 (€ 96,683,108) Unchanged	▼ 4%

Key figures of MICHAEL OSTLUND PROPERTY, 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 MICHAEL OSTLUND PROPERTY?

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

2030 Renaud Jacques FAYT stepped down as director. NBB
2028 Nicole DESILLE stepped down as director. NBB
2028 Allianz I.A.R.D. SA stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: loss of € 648,988. Source: NBB ↗
2024 Renaud Jacques FAYT became a director. NBB
2022 Nicole DESILLE became a director. NBB
2022 Allianz I.A.R.D. SA became a director. NBB
May 25, 1989 New establishment in Brussel. KBO

In short

From € 84,454 profit in 2022 to € 648,988 loss in 2025.

Best year ever: 2022, with € 84,454 profit.

Original PDFs at the National Bank ↗

Management

Allianz I.A.R.D. SA 100%

MICHAEL OSTLUND PROPERTY

The shares are held by Allianz I.A.R.D. SA (100%).

Directors

According to the 2025 annual accounts

Renaud Jacques FAYT

Director

since 2024 · until 2030

Nicole DESILLE

Director

since 2022 · until 2028

Allianz I.A.R.D. SA

Director · represented by Guillaume COLLET

since 2022 · until 2028

Shareholders

Allianz I.A.R.D. SA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Albert II-laan 32

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

Organisme national des déchets radioactifs et des matières fissiles enrichies

Belgisches Institut für Postdienste und Telekommunikation

ALLIANZ BENELUX

INFOSYS CONSULTING (BELGIUM)

€ 6.1 million revenue · 2025

STATER BELGIUM

€ 24.3 million revenue · 2025

+2 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: 0436.089.927
VAT number: BE 0436.089.927
Registered office: Koning Albert II-laan 32, 1000 Brussel
Names & denominations: MICHAEL OSTLUND PROPERTY
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 7 December 1988
Peppol: Active · Active since 27 Mar 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗