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.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELLIARD III & IV PROPERTIES from Sint-Pieters-Woluwe, company number BE0475162121, closed financial year 2025 with a result of € -33,453 after tax. For that financial year BELLIARD III & IV PROPERTIES recorded a gross margin of € -34,211 and equity of € 29,930. Compared with financial year 2024, the result moved from € -29,403 to € -33,453. The company made a loss. The buffer shrank hard: equity is 53 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 29,930
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,453
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,117
▲ € 3,873 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -204,799.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,444
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -36,770 | € -32,565 | € -34,211 | ▼ € 1,646 |
| Profit after taxes | € -36,112 | € -29,403 | € -33,453 | ▼ € 4,050 |
| Equity | € 92,787 | € 63,383 | € 29,930 | ▼ 53% |
| Total debts | € 8,674 | € 12,984 | € 8,444 | ▼ 35% |
| Cash | € 3,305 | € 244 | € 4,117 | ▲ € 3,873 |
| Retained profit | € -141,943 | € -171,346 | € -204,799 | ▼ € 33,453 |
| Balance sheet total | € 101,461 | € 76,367 | € 38,374 | ▼ 50% |
Key figures of BELLIARD III & IV PROPERTIES, fiscal years 2023 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 BELLIARD III & IV PROPERTIES?
What happened at BELLIARD III & IV PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sophie GRULOIS stepped down as director. NBB
- WILMINGTON TRUST SP SERVICES (LONDON) Ltd stepped down as director. NBB
- Jean KOTARAKOS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 33,453. Source: NBB ↗
- Sophie GRULOIS became a director. NBB
- WILMINGTON TRUST SP SERVICES (LONDON) Ltd became a director. NBB
- Jean KOTARAKOS became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
In short
From € 36,112 loss in 2023 to € 33,453 loss 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 shares are held by Cofinimmo SA (100%) and The Law Debenture Trust Corporation p.l.c. (0%).
Directors
According to the 2025 annual accounts
WILMINGTON TRUST SP SERVICES (LONDON) Ltd
Director · represented by Daniel Wynne
Also active at: COFINIMMO LEASE FINANCE
since 2024 · until 2028
Jean KOTARAKOS
Director
Also active at: COFINIMMO SERVICES, LEOPOLD SQUARE, COFINIMMO LEASE FINANCE, BESTONE, BPG CONGRES, BPG HOTEL, BENOSTONE CO 1, GESTONE 16 +1 more
since 2023 · until 2027
Sophie GRULOIS
Director
Also active at: COFINIMMO SERVICES, LEOPOLD SQUARE, BESTONE, BENOSTONE CO 1, GESTONE 16
since 2025 · until 2029
Shareholders
100%
The Law Debenture Trust Corporation p.l.c.
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 270
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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+82 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
- 0475.162.121
- VAT number
- BE 0475.162.121
- Registered office
- Tervurenlaan 270, 1150 Sint-Pieters-Woluwe
- Names & denominations
- BELLIARD III & IV PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2001
- Peppol
- Active · Active since 30 Oct 2025