Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LIVINGSTONE II from Brussel, company number BE0544336086, closed financial year 2025 with a result of € 2 million after tax. For that financial year LIVINGSTONE II recorded revenue of € 3.6 million and equity of € 35.3 million. Compared with financial year 2024, the result moved from € 1.7 million to € 2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 35.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
76 % of the profit went to the shareholders, mostly to Aberdeen Balanced Lux 3 S.à.r.l (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 270,244
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 313 days on average.
€ 99,881
▼ 28% 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 | € 3,163,940 | € 3,405,072 | € 3,508,928 | € 3,640,659 | ▲ 4% |
| Profit after taxes | € 1,437,562 | € 1,696,634 | € 1,696,252 | € 1,962,118 | ▲ 16% |
| Equity | € 39,941,634 | € 35,638,268 | € 34,834,521 | € 35,296,638 | ▲ 1% |
| Total debts | € 4,249,039 | € 6,187,419 | € 6,468,740 | € 5,573,428 | ▼ 14% |
| Cash | € 5,337,292 | € 3,949,788 | € 4,171,946 | € 3,801,986 | ▼ 9% |
| Land & buildings | € 38,625,031 | € 37,849,850 | € 37,074,670 | € 36,299,489 | ▼ 2% |
| Retained profit | € 9,716,334 | € 5,412,968 | € 4,609,221 | € 5,071,338 | ▲ 10% |
| Dividend | € 0 | € 6,000,000 | € 2,500,000 | € 1,500,000 | ▼ 40% |
| Bank debt | € 858 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 44,190,673 | € 41,825,687 | € 41,303,261 | € 40,870,066 | ▼ 1% |
Key figures of LIVINGSTONE II, 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 LIVINGSTONE II?
What happened at LIVINGSTONE II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million (▲ 16% vs 2024). Source: NBB ↗
- Gérard Philippson became a director. NBB
- Serge Declerck became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 1.4 million profit in 2022 to € 2 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
Paid out € 10 million in dividends to the owners in total.
Management
Behind LIVINGSTONE II are Gérard Philippson and Serge Declerck. The shares are held by Aberdeen Balanced Lux 3 S.à.r.l (100%) and Aberdeen Balanced Lux 2 S.à.r.l (0%).
Directors
According to the 2025 annual accounts
Gérard Philippson
Director
Also active at: INNOVATIE CONSTRUCTION COMPANY, CROWN BUILDING, JAMESINVEST, SLA Belgium No.1, Oeverloos, INDUSTRIAL DEVELOPMENT COMPANY, BRUSSELS SOUTH LOGISTICS, APER TB BRUGES +2 more
since 2021
Serge Declerck
Director
Also active at: CROWN BUILDING, PARIFRI, FAIR INVEST, IMMO WATER WEYDE, OGIMA INVEST, AIRPORT BORDER, ZEEMST, Financière Le Play +24 more
since 2021
Shareholders
Aberdeen Balanced Lux 3 S.à.r.l
100%
Aberdeen Balanced Lux 2 S.à.r.l
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
de Meeûssquare 35
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0544.336.086
- VAT number
- BE 0544.336.086
- Registered office
- de Meeûssquare 35, 1000 Brussel
- Names & denominations
- LIVINGSTONE II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2014
- Peppol
- Not registered
- Activities · NACE
Activiteiten van syndici van onroerend goed