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 10 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MOTOWN REAL ESTATE HOLDING from Brussel, company number BE0748863259, closed financial year 2024 with a result of € 2.2 million after tax. For that financial year MOTOWN REAL ESTATE HOLDING recorded a gross margin of € -22,382 and equity of € 34 million. Compared with financial year 2023, the result moved from € 855,662 to € 2.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2025.
€ 34 million
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 157% vs 2023
Profit after tax over the fiscal year.
€ 51,412
▲ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4 million.
Debts at end 2024
€ 19.6 million
▲ 9% vs 2023
€ 524,000 is repaid this year. At this pace the long-term loan is gone in ≈ 37 years.
€ 12,936
▲ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -36,319 | € -31,297 | € -30,571 | € -22,382 | ▲ € 8,189 |
| Profit after taxes | € 1,280,559 | € -383,546 | € 855,662 | € 2,202,630 | ▲ 157% |
| Equity | € 31,280,559 | € 30,897,013 | € 31,752,675 | € 33,955,305 | ▲ 7% |
| Total debts | € 16,047,667 | € 17,027,315 | € 18,037,390 | € 19,649,334 | ▲ 9% |
| Cash | € 4,807,957 | € 1,031,848 | € 31,810 | € 51,412 | ▲ 62% |
| Retained profit | € 1,280,559 | € 897,013 | € 1,752,675 | € 3,955,305 | ▲ 126% |
| Bank debt | € 15,000,000 | € 17,007,043 | € 18,027,770 | € 19,636,398 | ▲ 9% |
| Balance sheet total | € 47,328,226 | € 47,924,328 | € 50,726,762 | € 54,294,495 | ▲ 7% |
Key figures of MOTOWN REAL ESTATE 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 REAL ESTATE HOLDING?
What happened at MOTOWN REAL ESTATE HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2.2 million (▲ 157% vs 2023). filed late Source: NBB ↗
- JEL Holding SA became a director. NBB
- CHATEAU LE DOCTE SA became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2021 to € 2.2 million profit in 2024.
Best year ever: 2024, with € 2.2 million profit.
A new publication or filing at MOTOWN REAL ESTATE HOLDING? We notify you, reason included.
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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
The stake of SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, CHATEAU LE DOCTE, SOREMO CLUB DEAL, HEBDO PRESS FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MOTOWN REAL ESTATE HOLDINGBehind MOTOWN REAL ESTATE HOLDING are CHATEAU LE DOCTE SA, GLH SRL, Manu SCHÖNGÜT, COMPAGNIE 14 SA, JEL Holding SA and DV Consult & Management SRL. The shares are held by SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE (62%), CHATEAU LE DOCTE (15.3%), SOREMO CLUB DEAL (13.3%) and HEBDO PRESS FINANCE (4%). It owns 100% of Motown Project Holding II, 100% of Motown Niel Land, 100% of Motown Niel Construct, 100% of Motown Development and 82% of Motown Project Holding itself.
Directors
According to the 2024 annual accounts
Director · represented by Pierre PRINCEN
since 2021
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 PROJECT HOLDING, MOTOWN PARC +8 more
Manu SCHÖNGÜT
Director
Managing director · represented by Olivier GOLDBERG
Also active at: MOTOWN DINANT, SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, MOTOWN PROJECT HOLDING, MOTOWN SCHOTEN INVEST, Motown Trone Construct, Motown Parc Construct, VESTAZUR, Motown Niel Construct +2 more
Director · represented by Lionel HEPNER
since 2021
Director · represented by Denis VANDAMME
Also active at: SQUARE-ALVA, GRAVIMMO, FULGOR IMMO, ALTIUS CAPITAL INVESTMENT THREE, WE SOLD, GREENNOVA
Alain BREVE
Chairman of the board
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Brussel
Louizalaan 375 box 7
1050 Elsene
Active since 23 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →Editions Commerciales et Industrielles
The American Women's Club of Brussels
SQUARE-ALVA same network
€ 427,571 gross margin · 2025
GRAVIMMO same network
€ 581,497 gross margin · 2025
GOLDEN TOP N.V. (Pietermaai, 15 - Wilhemstad - Curacao)
+74 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
- 0748.863.259
- VAT number
- BE 0748.863.259
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- MOTOWN REAL ESTATE HOLDING · MREH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2020
- Peppol
- Active · Active since 15 Jan 2026