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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Busy address KBO
53 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
Downtown Real Estate from Elsene, company number BE0676436725, closed financial year 2025 with a result of € 43,632 after tax. For that financial year Downtown Real Estate recorded a gross margin of € -6,602 and equity of € 2 million. Compared with financial year 2024, the result moved from € -2.4 million to € 43,632. Profitable, and profit is growing. 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 26, 2026.
€ 2 million
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,632
▲ still € 2.4 million loss in 2024
Profit after tax over the fiscal year.
€ 23,394
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 780,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 12,529
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,678
▲ € 2,582 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 | € -149,162 | € 2,157,901 | € 369,892 | € -6,602 | ▼ € 376,494 |
| Profit after taxes | € 947,581 | € 2,542,142 | € -2,422,228 | € 43,632 | ▲ € 2.5 million |
| Equity | € 9,818,248 | € 5,185,390 | € 2,763,162 | € 2,026,794 | ▼ 27% |
| Total debts | € 4,327,176 | € 4,584,436 | € 97 | € 227,678 | ▲ € 227,582 |
| Cash | € 6,831,824 | € 757,263 | € 571,496 | € 23,394 | ▼ 96% |
| Retained profit | € 9,418,248 | € 4,785,390 | € 2,363,162 | € 1,626,794 | ▼ 31% |
| Dividend | € 0 | € 1,500,000 | € 0 | € 780,000 | |
| Bank debt | € 4,043,000 | € 3,512,500 | € 0 | € 0 | |
| Balance sheet total | € 14,145,425 | € 9,769,826 | € 2,763,259 | € 2,254,473 | ▼ 18% |
| Employees (FTE) | 1.8 | 0.8 | 0 | - |
Key figures of Downtown Real Estate, 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 Downtown Real Estate?
What happened at Downtown Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Green Mill BV stepped down as director. NBB
- Astus BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 43,632. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- Green Mill BV became a director. NBB
- Astus BV became a director. NBB
In short
From € 947,581 profit in 2022 to € 43,632 profit in 2025.
Best year ever: 2023, with € 2.5 million profit.
Paid out € 2.3 million in dividends to the owners in total.
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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
It owns 100% of Le Corumont and 32.5% of DWNTWN Development itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Jan De Kuyper
Also active at: VICTORIA REGINA, Victoria Regina Holding, Victoria Hotel Opco, Victoria Co-working Opco, Le Corumont, Downtown Development, RAC TIENEN, CNTR Holding +7 more
since 2017 · until 2028
Managing director · represented by Alexandre Steijns
Also active at: VICTORIA REGINA, Victoria Regina Holding, Victoria Hotel Opco, Victoria Co-working Opco, Downtown Development, RAC TIENEN, CNTR Holding, CNTR Tongeren +7 more
since 2017 · until 2028
Establishments
Establishment units
Physical locations of this company
Louizalaan 235
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
All companies at this address →SPE III Runway
€ 4.2 million revenue · 2025
Belgische Parkeerfederatie
van Cutsem & Partners
€ 212,108 gross margin · 2025
BEYENS & PARTNERS
€ 173,577 gross margin · 2025
HERMAN LEMAIRE, AVOCAT
€ 185,229 gross margin · 2024
+48 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0676.436.725
- VAT number
- BE 0676.436.725
- Registered office
- Louizalaan 235, 1050 Elsene
- Names & denominations
- Downtown Real Estate · DWNTWN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2017
- Peppol
- Not registered
- Contact
- dwntwn.be