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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
46 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPE III AVIGNON from Brussel, company number BE0475230417, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year SPE III AVIGNON recorded revenue of € 2.4 million and equity of € 11.9 million. Compared with financial year 2024, the result moved from € -980,545 to € -1.3 million. 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 June 4, 2026.
€ 11.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ 35 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13.2 million.
Debts at end 2025
€ 13 million
Loans from banks and other lenders, long and short.
€ 187,075
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 6,474
▲ 36% 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 | |
|---|---|---|---|---|---|
| Revenue | € 1,100,766 | € 2,050,645 | € 2,169,347 | € 2,362,940 | ▲ 9% |
| Profit after taxes | € -1,930,653 | € -1,135,138 | € -980,545 | € -1,328,422 | ▼ € 347,877 |
| Equity | € 14,265,230 | € 13,780,092 | € 13,199,548 | € 11,871,126 | ▼ 10% |
| Total debts | € 14,493,530 | € 14,382,416 | € 14,438,848 | € 14,653,077 | ▲ 1% |
| Cash | € 593,652 | € 527,160 | € 616,043 | € 1,153,760 | ▲ 87% |
| Land & buildings | € 25,591,059 | € 24,313,523 | € 23,173,853 | € 21,861,066 | ▼ 6% |
| Retained profit | € -9,771,447 | € -10,906,585 | € -11,887,129 | € -13,215,551 | ▼ € 1.3 million |
| Bank debt | € 13,000,000 | € 13,000,000 | € 13,000,000 | € 13,000,000 | |
| Balance sheet total | € 28,758,760 | € 28,162,509 | € 27,638,396 | € 26,524,203 | ▼ 4% |
Key figures of SPE III AVIGNON, 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 SPE III AVIGNON?
What happened at SPE III AVIGNON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- Géraldine SCHMIT became a director. NBB
- BNP PARIBAS REAL ESTATE BELGIUM SA became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million loss in 2022 to € 1.3 million loss in 2025.
Pays suppliers within 74 days on average.
Management
Behind SPE III AVIGNON are Géraldine SCHMIT and BNP PARIBAS REAL ESTATE BELGIUM SA. The shares are held by Parton Galina SRL (70%), Suprema Investment Gmbh (20%) and Overseas Growth LLC (10%).
Directors
According to the 2025 annual accounts
Géraldine SCHMIT
Director
since 2020
BNP PARIBAS REAL ESTATE BELGIUM SA
Director · represented by Pascal VANHORENBEEK
Also active at: SOCIETE HOTELIERE DU WILTCHER'S, SOFIMMOCENTRALE, ANIMA VERA, WOMBAT, EUROPEAN SELECTIV IMMO BE, ALTERIMMO BELGIUM, Stéphanie Plaza, Stéphanie Square +6 more
since 2020
Shareholders
Parton Galina SRL
70%
Suprema Investment Gmbh
20%
Overseas Growth LLC
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koningsstraat 52
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.
All companies at this address →SOCIETE HOTELIERE DU WILTCHER'S same network
€ 7.5 million revenue · 2025
WIJNEGEM ONTWIKKELINGSMAATSCHAPPIJ
SOFIMMOCENTRALE same network
€ 5 million gross margin · 2025
ROYANER
€ 1.4 million revenue · 2025
Rue Neuve 9
€ -206,795 gross margin · 2025
+41 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
- 0475.230.417
- VAT number
- BE 0475.230.417
- Registered office
- Koningsstraat 52, 1000 Brussel
- Names & denominations
- SPE III AVIGNON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in eigen onroerend goed
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden