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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Negative equity NBB
More debt than assets in 1 of the last 4 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 2 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
78 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MOTOWN KANAAL LAND from Brussel, company number BE0673579480, closed financial year 2024 with a result of € -13,603 after tax. For that financial year MOTOWN KANAAL LAND recorded a gross margin of € 10,290 and equity of € -11,189. Compared with financial year 2023, the result moved from € -10,720 to € -13,603. 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 29, 2025.
€ -11,189
▼ € 13,603 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,603
▼ 27 % more loss than in 2023
Profit after tax over the fiscal year.
€ 4,767
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,689.
Debts at end 2024
€ 1.8 million
Loans from banks and other lenders, long and short.
€ 12,282
▼ 59% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,976 | € 16,835 | € 448 | € 10,290 | ▲ € 9,842 |
| Profit after taxes | € -14,230 | € -3,246 | € -10,720 | € -13,603 | ▼ € 2,883 |
| Equity | € 16,381 | € 19,135 | € 2,415 | € -11,189 | ▼ € 13,603 |
| Total debts | € 4,990,679 | € 5,778,663 | € 6,699,966 | € 8,111,735 | ▲ 21% |
| Cash | € 508,149 | € 14,172 | € 148,530 | € 4,767 | ▼ 97% |
| Retained profit | € -45,119 | € -48,365 | € -59,085 | € -72,689 | ▼ € 13,603 |
| Bank debt | € 2,026,000 | € 1,826,000 | € 1,826,000 | € 1,826,000 | |
| Balance sheet total | € 5,007,061 | € 5,799,798 | € 6,702,380 | € 8,100,547 | ▲ 21% |
Key figures of MOTOWN KANAAL LAND, fiscal years 2021 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 MOTOWN KANAAL LAND?
What happened at MOTOWN KANAAL LAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,603. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,230 loss in 2021 to € 13,603 loss in 2024.
Management
The stake of Motown Project Holding II, MOTOWN PROJECT HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MOTOWN KANAAL LANDBehind MOTOWN KANAAL LAND is GLH SRL. The shares are held by Motown Project Holding II (50%) and MOTOWN PROJECT HOLDING (50%).
Directors
According to the 2024 annual accounts
Director · represented by Lionel HEPNER
Also active at: Motown Thines, MOTOWN MIROIR, MOTOWN DINANT, SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, MOTOWN DEVELOPMENT, MOTOWN PROJECT HOLDING, MOTOWN PARC, MOTOWN SCHOTEN INVEST +8 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Brussel
Louizalaan 375 box 7
1050 Brussel
Active since 28 March 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 78 companies are registered at this address.
All companies at this address →Editions Commerciales et Industrielles
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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
- 0673.579.480
- VAT number
- BE 0673.579.480
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- MOTOWN KANAAL LAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2017
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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