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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
88 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CAVELL PROJECTS from Brussel, company number BE0676976361, closed financial year 2025 with a result of € 174,140 after tax. For that financial year CAVELL PROJECTS recorded a gross margin of € 181,332 and equity of € 337,283. Compared with financial year 2024, the result moved from € 840 to € 174,140. Profitable, and profit is growing. The buffer shrank hard: equity is 92 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ 337,283
▼ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174,140
▲ € 173,300 vs 2024
Profit after tax over the fiscal year.
€ 457,357
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,455
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,378,192 | € 829,487 | - | - | |
| Gross margin | - | - | € -117,350 | € 181,332 | ▲ € 298,682 |
| Profit after taxes | € 1,683,772 | € 581,387 | € 840 | € 174,140 | ▲ € 173,300 |
| Equity | € 3,800,917 | € 4,382,304 | € 4,383,143 | € 337,283 | ▼ 92% |
| Total debts | € 4,998,088 | € 575,366 | € 572,180 | € 227,455 | ▼ 60% |
| Cash | € 7,595,633 | € 4,644,192 | € 4,723,879 | € 457,357 | ▼ 90% |
| Retained profit | € 3,550,917 | € 4,132,304 | € 4,133,143 | € 87,283 | ▼ 98% |
| Dividend | € 0 | € 0 | € 0 | € 4,220,000 | |
| Bank debt | € 2,205,537 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 8,799,004 | € 4,957,670 | € 4,955,323 | € 564,738 | ▼ 89% |
Key figures of CAVELL PROJECTS, 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 CAVELL PROJECTS?
What happened at CAVELL PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Serge FAUTRE stepped down as director. NBB
- AMAURY DE CROMBRUGGHE SRL stepped down as director. NBB
- DOMEIN MUNKEBOSSEN SA stepped down as director. NBB
- Thibaut DUMORTIER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 174,140 (▲ € 173,300 vs 2024). Source: NBB ↗
- AMAURY DE CROMBRUGGHE SRL became a director. NBB
- Serge FAUTRE became a director. NBB
- DOMEIN MUNKEBOSSEN SA became a director. NBB
In short
From € 1.7 million profit in 2022 to € 174,140 profit in 2025.
Paid € 815,194 in corporate taxes since 2022.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 4.2 million in dividends to the owners in total.
Management
The stake of AG REAL ESTATE LAND, BURCO EUROPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAVELL PROJECTSThe shares are held by AG REAL ESTATE LAND (50%) and BURCO EUROPE (50%).
Directors
According to the 2025 annual accounts
Serge FAUTRE
Director
Also active at: AG REAL ESTATE, AG REAL ESTATE LAND, AG REAL ESTATE FINANCE, PORTICI, AG Real Estate Asset Management, AG FINANCE, CANAL WHARF, CENTRE 58 +4 more
since 2023 · until 2029
Director · represented by Amaury DE CROMBRUGGHE
Also active at: AG REAL ESTATE, Brussels International Trade Mart Ltd. and Co., TOLEDA INVEST, Citymo, JEAN CRAB ET SES FILS, NOUVELLES GALERIES DU BOULEVARD ANSPACH, Brussels International Cash and Carry Center, GALERIES SAINT-LAMBERT +51 more
since 2024 · until 2029
Director · represented by Jean DE CLOEDT
Also active at: VAN HOPPLYNUS INSTRUMENTS, J. DE JAEGHER, IDEAL TIMES, BURCO EUROPE, IMMOBILIERE DE BOONDAEL, Burco Coast, Malou View, FINANCIAL ROOSEVELT +1 more
since 2023 · until 2029
Thibaut DUMORTIER
Director
Also active at: VAN HOPPLYNUS INSTRUMENTS, Maison de l'Assurance, IDEAL TIMES, BURCO EUROPE, TEDECO, Malou View, STEPHANIE TOWER
since 2023 · until 2029
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 58
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 88 companies are registered at this address.
All companies at this address →LE CERTIFICAT FONCIER - HET VASTGOEDCERTIFICAAT
€ 1.1 million gross margin · 2025
AG REAL ESTATE same network
€ 33.7 million revenue · 2025
Le Patrimoine immobilier - Het Onroerende Vermogen
€ -67,550 gross margin · 2025
Thilly Reinsurance Services
Citymo same network
€ 14 million revenue · 2025
+83 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
- 0676.976.361
- VAT number
- BE 0676.976.361
- Registered office
- Kunstlaan 58, 1000 Brussel
- Names & denominations
- CAVELL PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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