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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
Avenue Building from Gent, company number BE0838744449, closed financial year 2025 with a result of € 751,967 after tax. For that financial year Avenue Building recorded a gross margin of € 893,352 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 863,318 to € 751,967. The company is profitable. 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 9, 2026.
€ 1.8 million
▲ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 751,967
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 63,643
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -202,887.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.4 million
▲ € 1.4 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,674
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,944 | € 111,271 | € 157,342 | € 893,352 | ▲ € 736,010 |
| Profit after taxes | € -18,269 | € 24,276 | € 863,318 | € 751,967 | ▼ 13% |
| Equity | € 177,551 | € 201,827 | € 1,065,145 | € 1,817,113 | ▲ 71% |
| Total debts | € 3,694,286 | € 3,562,610 | € 716,085 | € 1,477,238 | ▲ 106% |
| Cash | € 510,055 | € 456,372 | € 232,941 | € 63,643 | ▼ 73% |
| Retained profit | € -1,842,449 | € -1,818,173 | € -954,855 | € -202,887 | ▲ € 751,967 |
| Bank debt | € 3,650,000 | € 3,500,000 | € 700,000 | € 0 | ▼ 100% |
| Balance sheet total | € 3,871,838 | € 3,764,438 | € 1,781,230 | € 3,294,350 | ▲ 85% |
Key figures of Avenue Building, 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 Avenue Building?
What happened at Avenue Building in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 751,967 (▼ 13% vs 2024). Source: NBB ↗
- Marc JANSSENS became a director. NBB
- Alex DE WITTE became a director. NBB
- New establishment in Gent. KBO
- Filiep BALCAEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,269 loss in 2022 to € 751,967 profit in 2025.
Paid € 161,263 in corporate taxes since 2022.
Best year ever: 2024, with € 863,318 profit.
Management
The stake of Baltisse Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Avenue BuildingBehind Avenue Building are Alex DE WITTE, Filiep BALCAEN and Marc JANSSENS. The shares are held by Baltisse Real Estate (100%).
Directors
According to the 2025 annual accounts
Alex DE WITTE
Director
Also active at: ARGIBEL, ARS EN THEMIS, BUILDING, ASSETS INVEST, THREE INVEST, WATT FACTORY, BOEVERIE, LIEGE BECASSE +25 more
since 2013
Filiep BALCAEN
Director
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +22 more
since 2011
Marc JANSSENS
Director
Also active at: ARGIBEL, Sharp Insurance Brokers, BUILDING, GRADA INTERNATIONAL, SERVINT, PHYTO-TECHNICS, Floorenter, LIEGE BECASSE +33 more
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
+50 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
- 0838.744.449
- VAT number
- BE 0838.744.449
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- Avenue Building
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2011
- Peppol
- Active · Active since 3 Jun 2026
- Activities · NACE
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