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.
Financials
Financial year 2025
Stadsmakersfonds from Leuven, company number BE0760317177, closed financial year 2025 with a result of € -94,753 after tax. For that financial year Stadsmakersfonds recorded a gross margin of € -160,246 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € -80,665 to € -94,753. The company made a loss. 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 July 28, 2026.
€ 5.2 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,753
▼ 17 % more loss than in 2024
Profit after tax over the fiscal year.
€ 173,222
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -315,164.
Debts at end 2025
€ 500,000
Loans from banks and other lenders, long and short.
€ 59,522
▲ 29% 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 | € -31,536 | € -63,226 | € -126,821 | € -160,246 | ▼ € 33,424 |
| Profit after taxes | € -41,211 | € -65,225 | € -80,665 | € -94,753 | ▼ € 14,088 |
| Equity | € 2,045,568 | € 3,494,203 | € 4,289,789 | € 5,220,676 | ▲ 22% |
| Total debts | € 134,045 | € 43,496 | € 549,256 | € 564,094 | ▲ 3% |
| Cash | € 187,127 | € 519,568 | € 654,682 | € 173,222 | ▼ 74% |
| Retained profit | € -74,522 | € -139,747 | € -220,411 | € -315,164 | ▼ € 94,753 |
| Bank debt | € 0 | € 0 | € 500,000 | € 500,000 | |
| Balance sheet total | € 2,179,613 | € 3,537,699 | € 4,839,045 | € 5,784,770 | ▲ 20% |
Key figures of Stadsmakersfonds, 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 Stadsmakersfonds?
What happened at Stadsmakersfonds in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karel Van den Eynde stepped down as director. NBB
- Piet Callens stepped down as director. NBB
- Joachim Mertens stepped down as director. NBB
- Matthias D'hondt stepped down as director. NBB
- Michiel Van Balen stepped down as director. NBB
- Niklas Van Damme stepped down as director. NBB
- Anneleen De Bonte stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 94,753. Source: NBB ↗
In short
From € 41,211 loss in 2022 to € 94,753 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
The stake of MECANO, BAALSE HEI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
StadsmakersfondsThe shares are held by MECANO (13.3%) and BAALSE HEI. It owns 100% of Sylvestra, 100% of Astacus, 100% of Maison Delsart, 80% of De Ridders, 59.4% of Citadel Diest and 25% of Livez itself.
Directors
According to the 2025 annual accounts
Karel Van den Eynde
Managing director
since 2021 · until 2029
Piet Callens
Director
since 2025 · until 2029
Joachim Mertens
Director
since 2025 · until 2029
Matthias D'hondt
Chairman of the board
since 2021 · until 2029
Michiel Van Balen
Managing director
since 2021 · until 2029
Niklas Van Damme
Director
since 2021 · until 2029
Anneleen De Bonte
Director
since 2021 · until 2029
Shareholders
13.3%
Participations
Establishments
Establishment units
Physical locations of this company
Sluisstraat 79/3
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.317.177
- VAT number
- BE 0760.317.177
- Registered office
- Sluisstraat 79/3, 3000 Leuven
- Names & denominations
- Stadsmakersfonds
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 21 December 2020
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed
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