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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
78 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Motown Niel Construct from Brussel, company number BE0792759917, closed financial year 2024 with a result of € -33,239 after tax. For that financial year Motown Niel Construct recorded a gross margin of € -32,852 and equity of € 11,662. Compared with financial year 2023, the result moved from € -16,599 to € -33,239. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2025.
€ 11,662
▼ 74% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,239
▼ 100 % more loss than in 2023
Profit after tax over the fiscal year.
€ 109,771
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,838.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 67,385
▼ 74% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -15,867 | € -32,852 | ▼ € 16,984 |
| Profit after taxes | € -16,599 | € -33,239 | ▼ € 16,640 |
| Equity | € 44,901 | € 11,662 | ▼ 74% |
| Total debts | € 1,354,517 | € 1,587,782 | ▲ 17% |
| Cash | € 219,638 | € 109,771 | ▼ 50% |
| Retained profit | € -16,599 | € -49,838 | ▼ € 33,239 |
| Balance sheet total | € 1,399,418 | € 1,599,443 | ▲ 14% |
Key figures of Motown Niel Construct, fiscal years 2023 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 Niel Construct?
What happened at Motown Niel Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 33,239. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,599 loss in 2023 to € 33,239 loss in 2024.
Management
The stake of MOTOWN REAL ESTATE HOLDING, Motown Project Holding II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Motown Niel ConstructBehind Motown Niel Construct are GLH SRL and Compagnie 14 SA. The shares are held by MOTOWN REAL ESTATE HOLDING (100%) and Motown Project Holding II (100%).
Directors
According to the 2024 annual accounts
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
Director · represented by Olivier Goldberg
Also active at: MOTOWN DINANT, SOCIETE BRUXELLOISE DE PARTICIPATION IMMOBILIERE, MOTOWN PROJECT HOLDING, MOTOWN SCHOTEN INVEST, MOTOWN REAL ESTATE HOLDING, Motown Trone Construct, Motown Parc Construct, VESTAZUR +2 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Brussel
Louizalaan 375 box 7
1050 Elsene
Active since 21 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 78 companies are registered at this address.
All companies at this address →Editions Commerciales et Industrielles
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.759.917
- VAT number
- BE 0792.759.917
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- Motown Niel Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2022
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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