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.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Banning Square from Elsene, company number BE0765204393, closed financial year 2025 with a result of € -11,921 after tax. For that financial year Banning Square recorded a gross margin of € 36,341 and equity of € 128,923. Compared with financial year 2024, the result moved from € -11,420 to € -11,921. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 1, 2025.
€ 128,923
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,921
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,013
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,077.
Debts at end 2025
€ 521,775
▼ 6% vs 2024
€ 32,094 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 2,344
Supplier invoices still open on the last day of the fiscal year.
€ 894
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,979 | € 22,994 | € 36,904 | € 36,341 | ▼ 2% |
| Profit after taxes | € -13,322 | € -24,414 | € -11,420 | € -11,921 | ▼ € 500 |
| Equity | € 176,678 | € 152,264 | € 140,843 | € 128,923 | ▼ 8% |
| Total debts | € 660,563 | € 630,988 | € 600,352 | € 581,430 | ▼ 3% |
| Cash | € 37,818 | € 11,671 | € 5,181 | € 7,013 | ▲ 35% |
| Land & buildings | € 797,607 | € 766,997 | € 733,573 | € 700,149 | ▼ 5% |
| Retained profit | € -13,322 | € -37,736 | € -49,157 | € -61,077 | ▼ € 11,921 |
| Bank debt | € 614,921 | € 584,386 | € 553,340 | € 521,775 | ▼ 6% |
| Balance sheet total | € 837,241 | € 783,252 | € 741,195 | € 710,352 | ▼ 4% |
Key figures of Banning Square, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Banning Square?
What happened at Banning Square in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,921. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,322 loss in 2022 to € 11,921 loss in 2025.
Paid € 400 in corporate taxes since 2022.
A new publication or filing at Banning Square? 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
Behind Banning Square are Nikolas BOUCHLIS, Panayoti BOUCHLIS and Georges SAAD. Panayoti BOUCHLIS is also behind TOITURES PANO and ATHOSIMMO.
Directors
According to the 2025 annual accounts
Nikolas BOUCHLIS
Director
Georges SAAD
Director
Establishments
Establishment units
Physical locations of this company
Emile Banningstraat 121
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.204.393
- VAT number
- BE 0765.204.393
- Registered office
- Emile Banningstraat 121, 1050 Elsene
- Names & denominations
- Banning Square
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2021
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen