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 0 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 238 days after the legal deadline.
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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 PROJECT HOLDING from Brussel, company number BE0675996166, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year MOTOWN PROJECT HOLDING recorded a gross margin of € -43,848 and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 13,150 to € -1.2 million. 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 March 26, 2026.
€ 1.9 million
▼ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ still € 13,150 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2024
€ 3 million
▲ € 2.8 million vs 2023
Loans from banks and other lenders, long and short.
€ 40,977
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -56,318 | € -70,890 | € -50,462 | € -43,848 | ▲ € 6,614 |
| Profit after taxes | € -12,919 | € 42,713 | € 13,150 | € -1,177,132 | ▼ € 1.2 million |
| Equity | € 3,017,183 | € 3,059,895 | € 3,073,045 | € 1,895,913 | ▼ 38% |
| Total debts | € 572,974 | € 549,241 | € 420,995 | € 2,994,830 | ▲ € 2.6 million |
| Cash | € 5,825 | - | - | - | |
| Retained profit | € 17,183 | € 59,895 | € 73,045 | € -1,104,087 | ▼ € 1.2 million |
| Bank debt | € 200,000 | € 109,735 | € 159,811 | € 2,953,853 | ▲ € 2.8 million |
| Balance sheet total | € 3,590,157 | € 3,609,137 | € 3,494,041 | € 4,890,743 | ▲ 40% |
Key figures of MOTOWN PROJECT HOLDING, 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 PROJECT HOLDING?
What happened at MOTOWN PROJECT HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.2 million (▼ € 1.2 million vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,919 loss in 2021 to € 1.2 million loss in 2024.
Paid € 520 in corporate taxes since 2021.
Best year ever: 2022, with € 42,713 profit.
Management
The stake of MOTOWN REAL ESTATE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MOTOWN PROJECT HOLDINGBehind MOTOWN PROJECT HOLDING are Daniel TIERRY, GLH SRL, COMPAGNIE 14 SA, Eric THOMAS and Manuel SCHÔNGUT. The shares are held by MOTOWN REAL ESTATE HOLDING (82%). It owns 100% of Motown Dinant, 50% of Motown Parc Construct, 50% of Motown Miroir, 50% of Motown Kanaal Land and 50% of Motown Parc itself.
Directors
According to the 2024 annual accounts
Daniel TIERRY
Director
Managing director · represented by Lionel HEPNER
Also active at: Motown Thines, MOTOWN MIROIR, MOTOWN DINANT, SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, MOTOWN DEVELOPMENT, MOTOWN KANAAL LAND, MOTOWN PARC, MOTOWN SCHOTEN INVEST +8 more
Director · represented by Olivier GOLDEBERG
Also active at: MOTOWN DINANT, SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, MOTOWN SCHOTEN INVEST, MOTOWN REAL ESTATE HOLDING, Motown Trone Construct, Motown Parc Construct, VESTAZUR, Motown Niel Construct +2 more
Eric THOMAS
Director
Manuel SCHÔNGUT
Director
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Brussel
Louizalaan 375 box 7
1050 Brussel
Active since 24 May 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
The American Women's Club of Brussels
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€ 427,571 gross margin · 2025
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€ 581,497 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
- 0675.996.166
- VAT number
- BE 0675.996.166
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- MOTOWN PROJECT HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2017
- Peppol
- Active · Active since 15 Jan 2026