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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SCARAB Properties from Watermaal-Bosvoorde, company number BE0669941782, closed financial year 2025 with a result of € 356,921 after tax. For that financial year SCARAB Properties recorded a gross margin of € 559,707 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -116,409 to € 356,921. 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 July 20, 2026.
€ 1.3 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 356,921
▲ still € 116,409 loss in 2024
Profit after tax over the fiscal year.
€ 528,554
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 95,610 paid out
27 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,161
▲ 179% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 37% vs 2024
€ 19,917 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 32,240
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,093
▲ € 83,343 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 | |
|---|---|---|---|---|---|
| Gross margin | € 169,828 | € 902,900 | € 57,065 | € 559,707 | ▲ € 502,642 |
| Profit after taxes | € 79,382 | € 503,624 | € -116,409 | € 356,921 | ▲ € 473,330 |
| Equity | € 608,361 | € 1,111,985 | € 995,577 | € 1,256,887 | ▲ 26% |
| Total debts | € 4,179,594 | € 2,759,817 | € 3,167,969 | € 2,164,837 | ▼ 32% |
| Cash | € 218,577 | € 164 | € 325,308 | € 528,554 | ▲ 62% |
| Land & buildings | € 255,601 | € 1,340,108 | € 1,160,021 | € 228,101 | ▼ 80% |
| Retained profit | € 589,761 | € 1,093,385 | € 976,977 | € 1,238,287 | ▲ 27% |
| Dividend | € 100,000 | € 0 | € 0 | € 95,610 | |
| Bank debt | € 3,667,576 | € 2,370,517 | € 3,067,792 | € 1,925,173 | ▼ 37% |
| Balance sheet total | € 4,787,956 | € 3,871,802 | € 4,163,546 | € 3,421,724 | ▼ 18% |
Key figures of SCARAB Properties, 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 SCARAB Properties?
What happened at SCARAB Properties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 356,921. Source: NBB ↗
- Antoine Dupuis became a director. NBB
- New establishment in Elsene. KBO
- Anthony Van Baeten became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,382 profit in 2022 to € 356,921 profit in 2025.
Paid € 283,902 in corporate taxes since 2022.
Best year ever: 2023, with € 503,624 profit.
Paid out € 195,610 in dividends to the owners in total.
Management
The stake of A. DUPUIS PRODUCTIONS, RIANTO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SCARAB PropertiesBehind SCARAB Properties are Antoine Dupuis and Anthony Van Baeten. The shares are held by A. DUPUIS PRODUCTIONS (16.7%) and RIANTO (16.7%). It owns 100% of North Development itself.
Directors
According to the 2025 annual accounts
Antoine Dupuis
Director
since 2018
since 2017
Shareholders
16.7%
16.7%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Louizalaan 409
1050 Elsene
Active since 1 April 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Etablissements Michel Chausseur et Boy Bottier
€ 132,952 gross margin · 2025
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€ 34,864 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0669.941.782
- VAT number
- BE 0669.941.782
- Registered office
- Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
- Names & denominations
- SCARAB Properties
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2017
- Peppol
- Not registered