Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 3.4 million
▲ 115% vs 2024
Profit
Healthy€ 334,726
▼ 77% vs 2024
Debts
High€ 31.5 million
▼ 1% vs 2024
GOVPROP from Machelen (Brab.), company number BE0869915893, closed financial year 2025 with a result of € 334,726 after tax. For that financial year GOVPROP recorded a gross margin of € 3.4 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 1.4 million to € 334,726. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
What happened at GOVPROP?
What happened at GOVPROP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 334,726 (▼ 77% vs 2024). filed late Source: NBB ↗
- Rolf Nordstrom became a director. NBB
- Dominique Sturgess became a director. NBB
- New establishment in Sint-Joost-ten-Node. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,154 loss in 2021 to € 334,726 profit in 2025.
Paid € 38,779 in corporate taxes since 2021.
Best year ever: 2024, with € 1.4 million profit.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind GOVPROP are Rolf Nordstrom and Dominique Sturgess. The same people are also behind Boulevard Conference & Services, LA TOUR DE FAGNOLLES, CM Towers, CM Land and BOULEVARD TOWER.
Directors
According to the 2025 annual accounts
Rolf Nordstrom
Director
Also active at: Boulevard Conference & Services, LA TOUR DE FAGNOLLES, CM Towers +1 more
since 2024
Dominique Sturgess
Director
Also active at: BOULEVARD TOWER, Boulevard Conference & Services, LA TOUR DE FAGNOLLES +2 more
since 2024
Establishments
Establishment units
Physical locations of this company
Culliganlaan 2
1831 Machelen (Brab.)
Bolwerklaan 15 box 2
1210 Sint-Joost-ten-Node
Active since 9 November 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
VERIZON TERREMARK
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€ 84.7 million revenue · 2025
BOULEVARD TOWER same network
€ -17,858 gross margin · 2025
QuantIM
€ 347 gross margin · 2025
BrightWolves
€ 4.1 million gross margin · 2025
+11 more
Details
- Company number
- 0869.915.893
- VAT number
- BE 0869.915.893
- Registered office
- Culliganlaan 2, 1831 Machelen (Brab.)
- Names & denominations
- GOVPROP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2004
- Peppol
- Active · Active since 16 Jan 2026