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 33 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
46 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Silsburg Development from Gent, company number BE0803099226, closed financial year 2025 with a result of € -18,422 after tax. For that financial year Silsburg Development recorded a gross margin of € -15,927 and equity of € 972,411. Compared with financial year 2024, the result moved from € -9,168 to € -18,422. 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 June 8, 2026.
€ 972,411
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,422
▼ 101 % more loss than in 2024
Profit after tax over the fiscal year.
€ 34,420
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,589.
Debts at end 2025
€ 319,302
▼ 35% vs 2024
Loans from banks and other lenders, long and short.
€ 31,052
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -6,822 | € -15,927 | ▼ € 9,106 |
| Profit after taxes | € -9,168 | € -18,422 | ▼ € 9,254 |
| Equity | € 640,832 | € 972,411 | ▲ 52% |
| Total debts | € 527,627 | € 351,662 | ▼ 33% |
| Cash | € 95,675 | € 34,420 | ▼ 64% |
| Retained profit | € -9,168 | € -27,589 | ▼ € 18,422 |
| Bank debt | € 495,000 | € 319,302 | ▼ 35% |
| Balance sheet total | € 1,168,460 | € 1,324,073 | ▲ 13% |
Key figures of Silsburg Development, fiscal years 2024 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 Silsburg Development?
What happened at Silsburg Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bracodev stepped down as director. NBB
- HLSC stepped down as director. NBB
- Real Value Management stepped down as director. NBB
- Hennia stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,422. Source: NBB ↗
- Start of the company according to the CBE. KBO
- Bracodev became a director. NBB
- HLSC became a director. NBB
In short
From € 9,168 loss in 2024 to € 18,422 loss in 2025.
A new publication or filing at Silsburg Development? 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 shares are held by Alides REIM NV (50%) and Zabra Real Estate NV (50%).
Directors
According to the 2025 annual accounts
Director · represented by Laurens Brantegem
Also active at: Zabra Business Units, SOBRADIS, ZABRA REAL ESTATE, Retail Immo Menen, BRAVOS TERRA, Zabra Invest, Business Park Kallo, Silsburg Land +1 more
since 2023 · until 2029
Director · represented by Henk Cardon
Also active at: Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD, Advanced Computer Systems Technics, INVESTPOOL, INVESTERA, ESPACE BELLIARD +29 more
since 2023 · until 2029
Director · represented by Rikkert Leeman
Also active at: Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD, Advanced Computer Systems Technics, INVESTPOOL, INVESTERA, ESPACE BELLIARD +31 more
since 2023 · until 2029
Director · represented by Christine Vermeersch
Also active at: Zabra Business Units, SOBRADIS, IMOMAART, Immo De Snoeck, SOBRADIS VENTURES, ZABRA REAL ESTATE, SOBRIMMO, STUDENTS@GENT +9 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Foreestelaan 86 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.
All companies at this address →Alides Land same network
€ 2.8 million gross margin · 2025
Building Hotel Maes same network
€ 5.5 million gross margin · 2025
ALIDES PROPERTIES same network
€ 16.6 million revenue · 2025
ALIDES BOULEVARD same network
€ 67,070 gross margin · 2025
Advanced Computer Systems Technics same network
€ 278,662 gross margin · 2025
+41 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
- 0803.099.226
- VAT number
- BE 0803.099.226
- Registered office
- Foreestelaan 86 bus 201, 9000 Gent
- Names & denominations
- Silsburg Development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2023
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
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