Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
48 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MARNIX 20 from Elsene, company number BE0673819606, closed financial year 2025 with a result of € -207,456 after tax. For that financial year MARNIX 20 recorded a gross margin of € -146,859 and equity of € 9.5 million. Compared with financial year 2024, the result moved from € -85,740 to € -207,456. 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 12, 2026.
€ 9.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -207,456
▼ 142 % more loss than in 2024
Profit after tax over the fiscal year.
€ 153,925
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 29,077
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -74,125 | € -89,785 | € -87,024 | € -146,859 | ▼ € 59,835 |
| Profit after taxes | € -140,141 | € -141,613 | € -85,740 | € -207,456 | ▼ € 121,716 |
| Equity | € 6,476,111 | € 9,834,499 | € 9,748,758 | € 9,541,302 | ▼ 2% |
| Total debts | € 3,005 | € 14,298 | € 41,560 | € 29,077 | ▼ 30% |
| Cash | € 1,434,468 | € 909,973 | € 432,503 | € 153,925 | ▼ 64% |
| Land & buildings | € 1,623,129 | € 1,573,138 | € 1,523,147 | € 1,473,155 | ▼ 3% |
| Retained profit | € -713,889 | € -855,501 | € -941,242 | € -1,148,698 | ▼ € 207,456 |
| Balance sheet total | € 6,479,116 | € 9,848,797 | € 9,790,318 | € 9,570,380 | ▼ 2% |
Key figures of MARNIX 20, 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 MARNIX 20?
What happened at MARNIX 20 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier MONCELET stepped down as director. NBB
- Michel GRIGNARD stepped down as director. NBB
- Héloise BONTOUX stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 207,456. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Olivier MONCELET became a director. NBB
- Michel GRIGNARD became a director. NBB
In short
From € 140,141 loss in 2022 to € 207,456 loss in 2025.
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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
Directors
According to the 2025 annual accounts
Olivier MONCELET
Managing director
Also active at: Cobevri, A.I.M., MARNIX 21-22, ADVANCE BUILDING, SunsetClaus, HJO Real Estate, Ruwet Immobilier
since 2017 · until 2029
Michel GRIGNARD
Director
Also active at: Cobevri, EDICOVER, VEDIA, A.I.M., Belgomania, SOGINVEST, ORLANDIA, LUCIMO +9 more
since 2017 · until 2029
Héloise BONTOUX
Director
Also active at: LUCIMO, MARNIX 21-22, SunsetClaus, HJO Real Estate, Ruwet Immobilier
since 2017 · until 2029
Establishments
Establishment units
Physical locations of this company
Louizalaan 222
1050 Elsene
Sterrewachtlaan 45
1180 Ukkel
Active since 4 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.
All companies at this address →SPHERE BELGIUM
€ 207,431 gross margin · 2025
ULTIMMO
€ -10,739 gross margin · 2024
B & S Associates
JEAN - PAUL HORDIES
Second Floor
€ 758,443 gross margin · 2025
+43 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
- 0673.819.606
- VAT number
- BE 0673.819.606
- Registered office
- Louizalaan 222, 1050 Elsene
- Names & denominations
- MARNIX 20
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen