Bankrupt · Opening faillissement (CBE)

OFFICE LEOPOLD III

BE0863113621

Rechtspersoon Public limited company 1 establishment

OFFICE LEOPOLD III is a property company in Etterbeek. Public Limited, started on 30 January 2004, 1 establishment.

Louis Schmidtlaan 87, 1040 Etterbeek

Behind the company: Leopold Holdings S.A.

Start date

30 January 2004

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2021, 2022, 2024.

  • Busy address KBO

    39 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

OFFICE LEOPOLD III from Etterbeek, company number BE0863113621, closed financial year 2024 with a result of € 2.1 million after tax. For that financial year OFFICE LEOPOLD III recorded a gross margin of € 3 million and equity of € -6.1 million. Compared with financial year 2023, the result moved from € 2.3 million to € 2.1 million. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.

What it is worth Caution

€ -6.1 million

▲ € 2.1 million vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2.1 million

▼ 7% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 147,232

▼ 73% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -6.1 million.

Debts at end 2024

Bank debt

€ 8.7 million

▼ 1% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 145,577

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 147,060

▼ 37% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 2,251,064 € 3,163,943 € 3,218,359 € 2,956,224 ▼ 8%
Profit after taxes € 1,674,573 € 2,558,574 € 2,252,536 € 2,093,529 ▼ 7%
Equity € -12,963,670 € -10,405,096 € -8,152,561 € -6,059,032 ▲ € 2.1 million
Total debts € 15,065,375 € 12,612,936 € 10,584,483 € 9,707,207 ▼ 8%
Cash € 146,426 € 161,739 € 551,106 € 147,232 ▼ 73%
Land & buildings - - - € 1,470,500
Retained profit € -13,025,670 € -10,467,096 € -8,214,561 € -6,121,032 ▲ € 2.1 million
Bank debt € 11,992,769 € 9,352,769 € 8,800,000 € 8,739,569 ▼ 1%
Balance sheet total € 2,101,704 € 2,207,840 € 2,431,922 € 3,648,174 ▲ 50%

Key figures of OFFICE LEOPOLD III, 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 OFFICE LEOPOLD III?

What happened at OFFICE LEOPOLD III in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

OFFICE LEOPOLD III is active according to the CBE. Legal situation: Opening faillissement.

  • Agata Blairon stepped down as director. NBB
  • Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
  • Tatyana Andreeva stepped down as director. NBB
  • Agata Blairon became a director. NBB
  • Leopold Holdings S.A became a director. NBB
  • Tatyana Andreeva became a director. NBB
  • New establishment in Etterbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.7 million profit in 2021 to € 2.1 million profit in 2024.

Paid € 511,405 in corporate taxes since 2021.

Best year ever: 2022, with € 2.6 million profit.

Management

Leopold (Lux 1) S.a.r.l. 1%
OFFICE LEOPOLD III

Behind OFFICE LEOPOLD III is Leopold Holdings S.A. The shares are held by Leopold Holdings S.A. (99%) and Leopold (Lux 1) S.a.r.l. (1%).

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Directors

According to the 2024 annual accounts

Leopold Holdings S.A

Director · represented by Tatayana Andreeva

since 2019

since 2019 · until 2025

since 2025 · until 2031

Shareholders

Leopold (Lux 1) S.a.r.l.

1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Louis Schmidtlaan 87

1040 Etterbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0863.113.621
VAT number
BE 0863.113.621
Registered office
Louis Schmidtlaan 87, 1040 Etterbeek
Names & denominations
OFFICE LEOPOLD III
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
30 January 2004
Peppol
Not registered
Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Ontwikkeling van niet-residentiële bouwprojecten

Ontwikkeling van residentiële bouwprojecten

Frequently asked questions

What does OFFICE LEOPOLD III do?
OFFICE LEOPOLD III is a property company in Etterbeek. Public Limited, started on 30 January 2004, 1 establishment.
What is the address of OFFICE LEOPOLD III?
The registered office of OFFICE LEOPOLD III is located at Louis Schmidtlaan 87, 1040 Etterbeek.
Is OFFICE LEOPOLD III still active?
No. The CBE lists OFFICE LEOPOLD III with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is OFFICE LEOPOLD III registered on Peppol?
No, OFFICE LEOPOLD III is currently not registered on the Peppol network.
What is the enterprise number of OFFICE LEOPOLD III?
The enterprise number of OFFICE LEOPOLD III is BE0863113621.
When was OFFICE LEOPOLD III founded?
OFFICE LEOPOLD III was founded on 30 January 2004.