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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PROJECT VUURBERG from Brussel, company number BE0472177588, closed financial year 2024 with a result of € -67,790 after tax. For that financial year PROJECT VUURBERG recorded a gross margin of € -65,993 and equity of € 13 million. Compared with financial year 2023, the result moved from € -82,279 to € -67,790. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 13 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -67,790
▲ 18 % less loss than in 2023
Profit after tax over the fiscal year.
€ 8,590
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.1 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 24.7 million
▲ € 21.3 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -105,173 | € -11,022 | € -80,548 | € -65,993 | ▲ € 14,554 |
| Profit after taxes | € -106,563 | € -12,489 | € -82,279 | € -67,790 | ▲ € 14,489 |
| Equity | € 13,178,233 | € 13,165,744 | € 13,083,465 | € 13,015,675 | ▼ 1% |
| Total debts | € 3,733,136 | € 3,815,846 | € 7,408,286 | € 30,668,822 | ▲ € 23.3 million |
| Cash | € 6,730 | € 13,293 | € 17,026 | € 8,590 | ▼ 50% |
| Land & buildings | € 16,035,000 | € 16,035,000 | € 16,035,000 | € 16,035,000 | |
| Retained profit | € -10,932,882 | € -10,945,370 | € -11,027,649 | € -11,095,439 | ▼ € 67,790 |
| Balance sheet total | € 16,911,368 | € 16,981,589 | € 20,491,751 | € 43,684,497 | ▲ 113% |
Key figures of PROJECT VUURBERG, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROJECT VUURBERG?
What happened at PROJECT VUURBERG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Royal Property Management NV stepped down as director. NBB
- Luk Wouters stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 67,790. filed late Source: NBB ↗
- Royal Property Management NV became a director. NBB
- Luk Wouters became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,563 loss in 2021 to € 67,790 loss in 2024.
Management
Directors
According to the 2024 annual accounts
Director · represented by Michael Lisman
Also active at: ROYAL PROPERTIES, MORGAN INVEST, PARK AVENUE, RING BUILDING, HR Ambiorix, WOLUWE CORNER PROPERTY, BESSENVELD 3, ANTWERPS KANTOREN VASTGOED +17 more
since 2024 · until 2030
Luk Wouters
Director
Also active at: ROYAL PROPERTIES, Immo Wouters, BESSENVELD 3, ANTWERPS KANTOREN VASTGOED, BESSENVELD 2, ROYAL PROPERTY MANAGEMENT, BESSENVELD 4, BESSENVELD 1 +6 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Ravensteingalerij 3 box 9
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →C.H.B. - Comité Hygiène et Confort- C.H.B. Comité voor Hygiene en Comfort
ROYAL PROPERTIES same network
€ -4,065 gross margin · 2025
Fortim
€ 4,824 gross margin · 2025
Association des Laboratoires belges d' Electronique - Algemene Laboratoria van België voor Elektrotechniek
Sigle-Eurotechalert-Belgique - Sigle-Eurotechalert-Belgïe
+28 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
- 0472.177.588
- VAT number
- BE 0472.177.588
- Registered office
- Ravensteingalerij 3 bus 9, 1000 Brussel
- Names & denominations
- PROJECT VUURBERG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2000
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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