Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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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 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
BRUSSEL LLOYD GEORGE from Brussel, company number BE0505690791, closed financial year 2024 with a result of € -4.7 million after tax. For that financial year BRUSSEL LLOYD GEORGE recorded a gross margin of € -110,564 and equity of € -6.1 million. Compared with financial year 2023, the result moved from € -4.7 million to € -4.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2025.
€ -6.1 million
▼ € 4.7 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.7 million
▼ 1 % more loss than in 2023
Profit after tax over the fiscal year.
€ 9,666
▼ 37% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.5 million.
Debts at end 2024
€ 32 million
▲ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 144,929
▼ 73% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2.7 million
▲ 50% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 355,697 | € -1,266,987 | € -110,564 | ▲ € 1.2 million |
| Profit after taxes | € -3,519,490 | € -4,662,033 | € -4,700,952 | ▼ € 38,918 |
| Equity | € 3,234,476 | € -1,427,558 | € -6,128,509 | ▼ € 4.7 million |
| Total debts | € 33,785,332 | € 37,713,379 | € 41,287,045 | ▲ 9% |
| Cash | € 25,468 | € 15,388 | € 9,666 | ▼ 37% |
| Land & buildings | € 36,484,716 | € 35,795,963 | € 35,107,210 | ▼ 2% |
| Retained profit | € -5,138,024 | € -9,800,058 | € -14,501,009 | ▼ € 4.7 million |
| Bank debt | € 30,250,000 | € 30,250,000 | € 31,960,822 | ▲ 6% |
| Balance sheet total | € 37,019,807 | € 36,285,822 | € 35,158,536 | ▼ 3% |
Key figures of BRUSSEL LLOYD GEORGE, fiscal years 2022 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 BRUSSEL LLOYD GEORGE?
What happened at BRUSSEL LLOYD GEORGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4.7 million. filed late Source: NBB ↗
- Michael Gheysens became a director. NBB
- Paul Gheysens became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.5 million loss in 2022 to € 4.7 million loss in 2024.
Paid € 29,466 in corporate taxes since 2022.
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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 GHELAMCO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRUSSEL LLOYD GEORGEBehind BRUSSEL LLOYD GEORGE are Michael Gheysens and Paul Gheysens. The shares are held by GHELAMCO INVEST (100%).
Directors
According to the 2024 annual accounts
Michael Gheysens
Director
Also active at: DOCK-SITE, Royal Antwerp Football club, R.H.R. - INDUSTRIES, GARAGE S.O.S., CARLTON RETAIL, GHELAMCO, GHELAMCO INVEST, SOGIMES +71 more
since 2022
Paul Gheysens
Director
Also active at: GARAGE S.O.S., BELGIAN TRADING COMPANY, ELZENWALLE, MediaNation, GOALA, CONSTRUCTION LINK, GHELAMCO EUROPEAN PROPERTY FUND, GHELAMCO PROJECTS +6 more
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bischoffsheimlaan 15
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →VEAMO
€ 433,812 gross margin · 2024
ADINFO BELGIUM, en abrégé ADINFO
ZORGI
€ 62.4 million revenue · 2025
I.R.E.S.
€ 27,428 gross margin · 2024
VLAEMMINCK EN PARTNERS
€ 210,675 gross margin · 2025
+35 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
- 0505.690.791
- VAT number
- BE 0505.690.791
- Registered office
- Bischoffsheimlaan 15, 1000 Brussel
- Names & denominations
- BRUSSEL LLOYD GEORGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2014
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 042203111
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen