Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C.B.S. IMMO II from Antwerpen, company number BE0445614139, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year C.B.S. IMMO II recorded a gross margin of € 96,855 and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 222,255 to € 2.2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 5.7 million
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ € 1.9 million vs 2024
Profit after tax over the fiscal year.
€ 724,160
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 158,644
▲ 11% vs 2024
€ 79,300 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.
€ 18,160
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 565,034
▼ 13% vs 2024
€ 88,058 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 83,436
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,840
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -31,358 | € 1,550,900 | € 151,347 | € 96,855 | ▼ 36% |
| Profit after taxes | € -273,037 | € 1,074,711 | € 222,255 | € 2,171,267 | ▲ € 1.9 million |
| Equity | € 8,271,843 | € 9,346,554 | € 9,568,809 | € 5,740,076 | ▼ 40% |
| Total debts | € 2,849,457 | € 2,767,944 | € 2,268,516 | € 1,292,298 | ▼ 43% |
| Cash | € 3,395,744 | € 4,641,113 | € 5,312,873 | € 724,160 | ▼ 86% |
| Land & buildings | € 2,517,407 | € 2,329,820 | € 1,858,046 | € 1,815,702 | ▼ 2% |
| Retained profit | € 5,942,016 | € 7,016,727 | € 7,238,982 | € 3,410,249 | ▼ 53% |
| Dividend | € 0 | € 0 | € 0 | € 6,000,000 | |
| Bank debt | € 1,243,873 | € 1,076,360 | € 651,039 | € 565,034 | ▼ 13% |
| Balance sheet total | € 11,223,664 | € 12,209,776 | € 11,925,519 | € 7,080,452 | ▼ 41% |
| Employees (FTE) | 3.1 | 2.5 | 2 | 2 |
Key figures of C.B.S. IMMO II, 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 C.B.S. IMMO II?
What happened at C.B.S. IMMO II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédérique Brachfeld stepped down as director. NBB
- Vlimmo - Invest NV stepped down as director. NBB
- Robert Brachfeld stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ € 1.9 million vs 2024). filed late Source: NBB ↗
- Frédérique Brachfeld became a director. NBB
- Vlimmo - Invest NV became a director. NBB
- Robert Brachfeld became a director. NBB
- Denise Bolsens became a director. NBB
In short
From € 273,037 loss in 2022 to € 2.2 million profit in 2025.
Paid € 681,613 in corporate taxes since 2022.
Best year ever: 2025, with € 2.2 million profit.
On average € 48,400 of value added per employee in 2025.
Management
Behind C.B.S. IMMO II is Denise Bolsens. It owns 98% of Vlimmo Invest, 86.3% of H. Brachfeld & Sons and 80% of Eagle Immo itself.
Directors
According to the 2025 annual accounts
Denise Bolsens
Administrator-manager
Also active at: H. BRACHFELD & SONS, S.B. TOWER, CBS TRADING, EAGLE IMMO
since 2016
Managing director · represented by Denise Bolsens
Also active at: S.B. TOWER, CBS TRADING, EAGLE IMMO
since 2022 · until 2028
since 2025 · until 2031
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Schupstraat 1
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →Kimberley House
Lerimo
PASHA HANDELSKANTOOR
BELGAMER INVESTMENTS
€ 35,269 gross margin · 2025
SWATI GEMS
€ -160,738 gross margin · 2025
+14 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
- 0445.614.139
- VAT number
- BE 0445.614.139
- Registered office
- Schupstraat 1, 2018 Antwerpen
- Names & denominations
- C.B.S. IMMO II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1991
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- [email protected] 03 225 28 67
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Groothandel in parfumerieën en cosmetica
Beheer van residentiële gebouwen