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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Brussels Land from Zaventem, company number BE0461318340, closed financial year 2025 with a result of € -18,551 after tax. For that financial year Brussels Land recorded a gross margin of € 1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 129,108 to € -18,551. 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 6, 2026.
€ 1.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,551
▼ still € 129,108 profit in 2024
Profit after tax over the fiscal year.
€ 119,718
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
Debts at end 2025
€ 18.1 million
€ 6,213 is repaid this year. At this pace the long-term loan is gone in ≈ 1234 years.
€ 25,356
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,748
▼ 7% vs 2024
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 | € 687,331 | € 1,083,536 | € 1,515,595 | € 1,035,391 | ▼ 32% |
| Profit after taxes | € 234,410 | € 70,629 | € 129,108 | € -18,551 | ▼ € 147,660 |
| Equity | € 1,589,699 | € 1,660,328 | € 1,789,436 | € 1,770,885 | ▼ 1% |
| Total debts | € 19,646,732 | € 27,044,760 | € 23,568,319 | € 23,525,823 | |
| Cash | € 78,524 | € 365,683 | € 182,589 | € 119,718 | ▼ 34% |
| Retained profit | € 1,527,699 | € 1,598,328 | € 1,727,436 | € 1,708,885 | ▼ 1% |
| Bank debt | € 11,077,765 | € 20,206,882 | € 18,076,892 | € 18,070,791 | |
| Balance sheet total | € 21,236,431 | € 28,705,088 | € 25,357,755 | € 25,296,708 |
Key figures of Brussels Land, 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 Land?
What happened at Brussels Land in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,551 (▼ € 147,660 vs 2024). Source: NBB ↗
- BELGIAN REAL ESTATE FINANCE NV stepped down as director. NBB
- BELGIAN REAL ESTATE FINANCE NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 234,410 profit in 2022 to € 18,551 loss in 2025.
Paid € 215,127 in corporate taxes since 2022.
Best year ever: 2022, with € 234,410 profit.
Management
The stake of BELGIAN REAL ESTATE FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Brussels LandThe shares are held by BELGIAN REAL ESTATE FINANCE (100%).
Directors
According to the 2025 annual accounts
BELGIAN REAL ESTATE FINANCE NV
Director · represented by Emmanuel Van Canneyt
Also active at: M.S.G., ELDORADO, IMMO - ESCAUT, DWD DEVELOPMENT, BRUSELLO XL, RESIDIN, SCALDIS PROJECTS, Brussels Canal Hotel +7 more
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Da Vincilaan 2 box 243
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
All companies at this address →Fläkt Elve
€ -655 gross margin · 2025
Fläkt Woods
€ -441 gross margin · 2025
Villeroy & Boch Belgium
€ 1.3 million gross margin · 2025
TRAVISCAN
€ -4,565 gross margin · 2024
GEERINCKX MOTORS
+98 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
- 0461.318.340
- VAT number
- BE 0461.318.340
- Registered office
- Da Vincilaan 2 bus 243, 1930 Zaventem
- Names & denominations
- Brussels Land
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1997
- Peppol
- Active · Active since 27 May 2025
- Activities · NACE
Diensten in verband met vervoer te land