Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15 to 9.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
ANTONISSEN DEVELOPMENT GROUP from Antwerpen, company number BE0811624338, closed financial year 2024 with a result of € 258,748 after tax. For that financial year ANTONISSEN DEVELOPMENT GROUP recorded revenue of € 7 million and equity of € 63.6 million. Compared with financial year 2023, the result moved from € -534,339 to € 258,748. 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 29, 2025.
€ 63.6 million
▲ € 61.3 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 258,748
▲ still € 534,339 loss in 2023
Profit after tax over the fiscal year.
€ 124,205
▲ 257% 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 € 1.1 million.
People and assets in 2024
9
▼ 5.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 786,774
▼ 42% vs 2023
€ 87,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 57,516
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 23.3 million
▼ 68% vs 2023
Loans from banks and other lenders, long and short.
€ 1.1 million
▲ 90% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 107,182
▼ 73% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 13,138,037 | € 2,887,746 | € 1,453,510 | € 7,006,429 | ▲ € 5.6 million |
| Profit after taxes | € 862,099 | € 717,527 | € -534,339 | € 258,748 | ▲ € 793,087 |
| Equity | € 708,003 | € 2,925,530 | € 2,391,191 | € 63,649,222 | ▲ € 61.3 million |
| Total debts | € 49,328,630 | € 57,629,523 | € 74,712,387 | € 24,993,517 | ▼ 67% |
| Cash | € 3,521,961 | € 1,163,874 | € 34,785 | € 124,205 | ▲ 257% |
| Land & buildings | € 2,998,922 | € 2,894,789 | € 1,825,469 | € 1,760,355 | ▼ 4% |
| Retained profit | € 689,403 | € 1,406,930 | € 872,591 | € 1,131,340 | ▲ 30% |
| Bank debt | € 43,752,871 | € 55,757,508 | € 73,555,529 | € 23,285,327 | ▼ 68% |
| Balance sheet total | € 50,081,633 | € 60,600,053 | € 77,148,578 | € 88,642,739 | ▲ 15% |
| Employees (FTE) | 12.4 | 15 | 14.1 | 9 | ▼ 5.1 |
Key figures of ANTONISSEN DEVELOPMENT GROUP, 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 ANTONISSEN DEVELOPMENT GROUP?
What happened at ANTONISSEN DEVELOPMENT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 258,748. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Michaël Antonissen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 862,099 profit in 2021 to € 258,748 profit in 2024.
Paid € 579,427 in corporate taxes since 2021.
Best year ever: 2021, with € 862,099 profit.
Pays suppliers within 54 days on average.
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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 ANTONISSEN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ANTONISSEN DEVELOPMENT GROUPBehind ANTONISSEN DEVELOPMENT GROUP is Michaël Antonissen. The shares are held by ANTONISSEN HOLDING (100%). It owns 100% of Hill Yard 2 itself.
Directors
According to the 2024 annual accounts
Michaël Antonissen
Director
since 2009
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Generaal Lemanstraat 47 box 4
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →Jaguar Land Rover Belux
€ 474.3 million revenue · 2026
Burando Barging & Rail Belgium
€ 2.3 million gross margin · 2025
VML Belgium
€ 21 million revenue · 2025
SKIMMO
€ 36,365 gross margin · 2025
ANTONISSEN DEVELOPMENT PROJECT
€ 114,650 revenue · 2024
+23 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
- 0811.624.338
- VAT number
- BE 0811.624.338
- Registered office
- Generaal Lemanstraat 47 bus 4, 2018 Antwerpen
- Names & denominations
- ANTONISSEN DEVELOPMENT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2009
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Handel in eigen onroerend goed
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren