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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
92 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Square des Héros from Brussel, company number BE0843656906, closed financial year 2025 with a result of € -993,578 after tax. For that financial year Square des Héros recorded a gross margin of € -615,086 and equity of € 5.9 million. Compared with financial year 2024, the result moved from € -5,356 to € -993,578. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 5.9 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -993,578
▼ 18451 % more loss than in 2024
Profit after tax over the fiscal year.
€ 673,903
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.9 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,490 | € 378,205 | € -5,356 | € -615,086 | ▼ € 609,730 |
| Profit after taxes | € -135,116 | € 287,506 | € -5,356 | € -993,578 | ▼ € 988,222 |
| Equity | € 6,590,045 | € 6,877,551 | € 6,872,195 | € 5,878,617 | ▼ 14% |
| Total debts | € 936,914 | € 5,904,965 | € 11,473,311 | € 1,156,820 | ▼ 90% |
| Cash | € 130,692 | € 2,246,270 | € 1,620,042 | € 673,903 | ▼ 58% |
| Retained profit | € 4,590,045 | € 4,877,551 | € 4,872,195 | € 3,878,617 | ▼ 20% |
| Bank debt | € 0 | € 3,820,386 | € 3,820,386 | € 0 | ▼ 100% |
| Balance sheet total | € 7,526,959 | € 12,782,515 | € 18,345,506 | € 7,035,437 | ▼ 62% |
Key figures of Square des Héros, 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 Square des Héros?
What happened at Square des Héros in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alix Aspeslagh BV stepped down as director. NBB
- Zafferana BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 993,578. Source: NBB ↗
- Lady at work BV stepped down as director. NBB
- Alix Aspeslagh BV became a director. NBB
- Zafferana BV became a director. NBB
- Lady at work BV became a director. NBB
- New establishment in Brussel. KBO
In short
From € 135,116 loss in 2022 to € 993,578 loss in 2025.
Paid € 90,735 in corporate taxes since 2022.
Best year ever: 2023, with € 287,506 profit.
Management
The stake of "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE" comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Square des HérosThe shares are held by "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE" (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2027
Director · represented by Stephanie De Wilde
Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, Entreprises et Gestion Immobilières, Lotinvest Development, QUOMAGO S.A., VELDIMMO, ILOT ECLUSE, LES JARDINS DU NORD - NOORDWARANDE +54 more
since 2022 · until 2026
Director · represented by Wim Smekens
Also active at: RAC4 Development, Ilot Saint Roch, Debrouckère Development, Lebeau Development, Isala Living
since 2023 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Anspachlaan 1
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 92 companies are registered at this address.
All companies at this address →bpost
€ 2.2 billion revenue · 2025
COMPAGNIE IMMOBILIERE DE WALLONIE same network
€ -5,696 gross margin · 2025
Infinito same network
€ -3,366 gross margin · 2025
TotalEnergies Marketing Belgium
€ 6.1 billion revenue · 2025
TotalEnergies Petrochemicals & Refining
€ 15.5 billion revenue · 2025
+87 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
- 0843.656.906
- VAT number
- BE 0843.656.906
- Registered office
- Anspachlaan 1, 1000 Brussel
- Names & denominations
- Square des Héros
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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