Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
BELSQUARE RESIDENCE from Etterbeek, company number BE0440491846, closed financial year 2025 with a result of € 202,995 after tax. For that financial year BELSQUARE RESIDENCE recorded a gross margin of € 432,230 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 184,970 to € 202,995. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 4.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 202,995
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 115
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.6 million.
People and assets in 2025
1.7
Average over the fiscal year, from the social balance sheet.
€ 76,622
▼ 2% vs 2024
€ 45,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 938
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
€ 69,620 is repaid this year. At this pace the long-term loan is gone in ≈ 51 years.
€ 20,961
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,457
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 393,360 | € 390,679 | € 411,349 | € 432,230 | ▲ 5% |
| Profit after taxes | € 180,774 | € 166,618 | € 184,970 | € 202,995 | ▲ 10% |
| Equity | € 3,546,211 | € 3,712,829 | € 3,897,799 | € 4,100,794 | ▲ 5% |
| Total debts | € 3,807,886 | € 3,625,589 | € 3,627,914 | € 3,610,389 | |
| Cash | € 1,697 | € 135 | € 135 | € 115 | ▼ 15% |
| Land & buildings | € 7,000,000 | € 6,965,270 | € 6,930,541 | € 6,895,811 | ▼ 1% |
| Retained profit | € -2,177,873 | € -2,011,255 | € -1,826,285 | € -1,623,290 | ▲ € 202,995 |
| Bank debt | € 3,771,521 | € 3,585,747 | € 3,581,892 | € 3,583,970 | |
| Balance sheet total | € 7,354,097 | € 7,338,418 | € 7,525,713 | € 7,711,182 | ▲ 2% |
| Employees (FTE) | 1.5 | 1.6 | 1.7 | 1.7 |
Key figures of BELSQUARE RESIDENCE, 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 BELSQUARE RESIDENCE?
What happened at BELSQUARE RESIDENCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yolam Elijah NGOMA stepped down as director. NBB
- Nsandi MANZI stepped down as director. NBB
- Henry SAKALA stepped down as director. NBB
- Charles Hosea SICHANGWA stepped down as director. NBB
- Bertha MUSONDA CHILESHE stepped down as director. NBB
- Lawrence MULANGU stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 202,995 (▲ 10% vs 2024). Source: NBB ↗
- Lawrence MULANGU became a director. NBB
In short
From € 180,774 profit in 2022 to € 202,995 profit in 2025.
Best year ever: 2025, with € 202,995 profit.
On average € 254,300 of value added per employee in 2025.
A new publication or filing at BELSQUARE RESIDENCE? We notify you, reason included.
Follow BELSQUARE RESIDENCEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 shares are held by NKWAZI REAL ESTATES LIMITED (100%).
Directors
According to the 2025 annual accounts
Yolam Elijah NGOMA
Director
since 2021 · until 2027
Nsandi MANZI
Director
since 2021 · until 2027
Henry SAKALA
Director
since 2021 · until 2027
Lawrence MULANGU
Director
since 2023 · until 2026
Charles Hosea SICHANGWA
Director
since 2021 · until 2027
Bertha MUSONDA CHILESHE
Director
since 2021 · until 2027
Shareholders
NKWAZI REAL ESTATES LIMITED
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Atrebatenstraat 155
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.491.846
- VAT number
- BE 0440.491.846
- Registered office
- Atrebatenstraat 155, 1040 Etterbeek
- Names & denominations
- BELSQUARE RESIDENCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 1990
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Hotels en dergelijke accommodatie
Hotels en motels, zonder restaurant
Eetgelegenheden met volledige bediening