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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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Project Brabo 1 from Antwerpen, company number BE0817559352, closed financial year 2025 with a result of € 5.4 million after tax. For that financial year Project Brabo 1 recorded revenue of € 18 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 5.4 million to € 5.4 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 4.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.4 million
Profit after tax over the fiscal year.
€ 18.5 million
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.4 million paid out
100 % of the profit went to the shareholders, mostly to Silvius NV (52 % of the shares). That is where the money ends up.
Debts at end 2025
€ 142.3 million
▼ 4% vs 2024
€ 6.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 457,589
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,296,583 | € 17,177,786 | € 17,197,309 | € 17,955,863 | ▲ 4% |
| Profit after taxes | € 2,758,234 | € 1,159,324 | € 5,439,797 | € 5,419,944 | |
| Equity | € 4,638,599 | € 4,630,365 | € 4,630,365 | € 4,630,365 | |
| Total debts | € 176,352,653 | € 169,141,849 | € 161,588,738 | € 156,712,957 | ▼ 3% |
| Cash | € 28,364,128 | € 21,843,891 | € 21,458,875 | € 18,467,996 | ▼ 14% |
| Retained profit | € 23,244 | € 15,010 | € 15,010 | € 15,010 | |
| Dividend | € 2,750,000 | € 1,167,558 | € 5,439,797 | € 5,419,944 | |
| Bank debt | € 165,470,809 | € 160,176,470 | € 147,814,240 | € 142,265,313 | ▼ 4% |
| Balance sheet total | € 180,991,252 | € 173,772,214 | € 166,219,103 | € 161,343,322 | ▼ 3% |
Key figures of Project Brabo 1, 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 Project Brabo 1?
What happened at Project Brabo 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filip Audenaert stepped down as director. NBB
- Hanne Akkermans stepped down as director. NBB
- Fréderic Van Hoorebeke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.4 million. Source: NBB ↗
- Karoy Hornyák stepped down as director. NBB
- Ann Schoubs stepped down as director. NBB
- Filip Audenaert became a director. NBB
- Hanne Akkermans became a director. NBB
In short
From € 2.8 million profit in 2022 to € 5.4 million profit in 2025.
Paid € 4.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 5.4 million profit.
Paid out € 14.8 million in dividends to the owners in total.
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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 Silvius NV (52%), Beheersmaatschappij Antwerpen Mobiel (24%) and Vlaamse Vervoermaatschappij - De Lijn (24%).
Directors
According to the 2025 annual accounts
since 2021 · until 2026
since 2021 · until 2027
since 2022 · until 2028
Ann Schoubs
Director
since 2021 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karel Oomsstraat 37
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
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€ 8.6 million revenue · 2025
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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
- 0817.559.352
- VAT number
- BE 0817.559.352
- Registered office
- Karel Oomsstraat 37, 2018 Antwerpen
- Names & denominations
- Project Brabo 1 · Brabo 1
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2009
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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