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
BRUSSELS BUSINESS FLATS - BELGIUM from Brussel, company number BE0456960169, closed financial year 2025 with a result of € -659,285 after tax. For that financial year BRUSSELS BUSINESS FLATS - BELGIUM recorded a gross margin of € 1.1 million and equity of € 864,926. Compared with financial year 2024, the result moved from € -56,998 to € -659,285. The company made a loss. 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 July 20, 2026.
€ 864,926
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -659,285
▼ 1057 % more loss than in 2024
Profit after tax over the fiscal year.
€ 47,890
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 802,926.
People and assets in 2025
25.6
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 5% vs 2024
€ 57,100 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.
€ 17,449
▼ 54% 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.
€ 379,297
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,644
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,479,000 | € 1,099,117 | € 1,456,421 | € 1,059,422 | ▼ 27% |
| Profit after taxes | € 226,124 | € -327,208 | € -56,998 | € -659,285 | ▼ € 602,287 |
| Equity | € 1,908,416 | € 1,581,208 | € 1,524,211 | € 864,926 | ▼ 43% |
| Total debts | € 1,000,543 | € 821,309 | € 703,372 | € 625,443 | ▼ 11% |
| Cash | € 649,122 | € 93,237 | € 46,115 | € 47,890 | ▲ 4% |
| Land & buildings | € 723,094 | € 689,654 | € 658,721 | € 633,647 | ▼ 4% |
| Retained profit | € 1,846,416 | € 1,519,208 | € 1,462,211 | € 802,926 | ▼ 45% |
| Dividend | € 1,614,120 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,908,959 | € 2,402,517 | € 2,227,582 | € 1,490,369 | ▼ 33% |
| Employees (FTE) | 25.9 | 23.3 | 25.7 | 25.6 | ▼ 0.1 |
Key figures of BRUSSELS BUSINESS FLATS - BELGIUM, 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 BRUSSELS BUSINESS FLATS - BELGIUM?
What happened at BRUSSELS BUSINESS FLATS - BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SERAB stepped down as director. NBB
- COROMANDEL stepped down as director. NBB
- BUILDING INVESTMENT PROJECTS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 659,285. Source: NBB ↗
- SERAB became a director. NBB
- COROMANDEL became a director. NBB
- BUILDING INVESTMENT PROJECTS became a director. NBB
- New establishment in Brussel. KBO
In short
From € 226,124 profit in 2022 to € 659,285 loss in 2025.
Paid € 19,682 in corporate taxes since 2022.
Best year ever: 2022, with € 226,124 profit.
On average € 41,400 of value added per employee in 2025.
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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
The stake of BUILDING INVESTMENT PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRUSSELS BUSINESS FLATS - BELGIUMThe shares are held by BUILDING INVESTMENT PROJECTS (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Kristien Vandaele
Also active at: BUILDING INVESTMENT PROJECTS, DUNANT GARDENS, Advies & Coördinatie – Avis & Coordination, VDV BOUWPROMOTIE, JOERA, WESTPARK PROJECT, SCHUMAN, Starter Homes +8 more
since 2021 · until 2027
Managing director · represented by Raquel Van Canneyt
Also active at: BELGIAN REAL ESTATE FINANCE
since 2021 · until 2027
Managing director · represented by Bernard Van Canneyt
Also active at: Compagnie de Terrains Européens, DUNANT GARDENS, Advies & Coördinatie – Avis & Coordination, VDV BOUWPROMOTIE, JOERA, WESTPARK PROJECT, SCHUMAN, HOTEL INVEST BRUSSELS +11 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pelikaanstraat 47
1000 Brussel
Roodebeeklaan 78 box 9
1030 Schaarbeek
Active since 31 January 1996
Henry Dunantlaan 50 box 1
1140 Evere
Active since 30 August 2004
Stevinstraat 105
1000 Brussel
Active since 30 August 2004
Groendreef 14
1000 Brussel
Active since 30 August 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.960.169
- VAT number
- BE 0456.960.169
- Registered office
- Pelikaanstraat 47, 1000 Brussel
- Names & denominations
- BRUSSELS BUSINESS FLATS - BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1995
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis