What is the address of HOLDING LES ETANGS?

The registered office of HOLDING LES ETANGS is located at Louizalaan 346, 1050 Brussel.

Is HOLDING LES ETANGS still active?

Yes. According to the CBE (30 October 2026) HOLDING LES ETANGS is active, legal situation “Normale toestand”, started on 13 June 2005.

Is HOLDING LES ETANGS registered on Peppol?

Yes, HOLDING LES ETANGS is registered on the Peppol network with ID 0208:0874458859.

What is the enterprise number of HOLDING LES ETANGS?

The enterprise number of HOLDING LES ETANGS is BE0874458859.

When was HOLDING LES ETANGS founded?

HOLDING LES ETANGS was founded on 13 June 2005.

Who are the directors of HOLDING LES ETANGS?

According to the 2025 annual accounts, the directors of HOLDING LES ETANGS are: Gilbert MICHEL, Olga SPITCHAKOVA.

Is HOLDING LES ETANGS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 June 2005; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HOLDING LES ETANGS make in 2025?

HOLDING LES ETANGS posted a profit after taxes of € 9,444 in financial year 2025.

What is the revenue of HOLDING LES ETANGS?

As a small company, HOLDING LES ETANGS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 84,269.

HOLDING LES ETANGS (Private Limited) - Brussel

Dossier HOLDING LES ETANGS, printed on 30 October 2026 from databakkes.be/en/0874458859/holding-les-etangs. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 1 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

HOLDING LES ETANGS from Brussel, company number BE0874458859, closed financial year 2025 with a result of € 9,444 after tax. For that financial year HOLDING LES ETANGS recorded a gross margin of € 84,269 and equity of € -639,315. Compared with financial year 2024, the result moved from € 6,608 to € 9,444. Profitable, and profit is growing. 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 September 29, 2026.

What it is worth Caution

€ -639,315

▲ € 9,444 vs 2024

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

Profit Growing

€ 9,444

▲ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,621

▲ 123% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -689,315.

Debts at end 2025

Bank debt ≈ 18 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 698,538

▼ 5% vs 2024

€ 39,217 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 11,003

▲ € 10,936 vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 57,045 Gross margin 2022: € 57,045 First fiscal year in the series	€ 80,314 Gross margin 2023: € 80,314 ▲ 41% vs 2022 (€ 57,045) Favourable step	€ 76,653 Gross margin 2024: € 76,653 ▼ 5% vs 2023 (€ 80,314) Unfavourable step	€ 84,269 Gross margin 2025: € 84,269 ▲ 10% vs 2024 (€ 76,653) Favourable step	▲ 10%
Profit after taxes	€ -7,772 Profit after taxes 2022: € -7,772 First fiscal year in the series	€ 4,662 Profit after taxes 2023: € 4,662 ▲ € 12,433 vs 2022 (€ -7,772) Favourable step	€ 6,608 Profit after taxes 2024: € 6,608 ▲ 42% vs 2023 (€ 4,662) Favourable step	€ 9,444 Profit after taxes 2025: € 9,444 ▲ 43% vs 2024 (€ 6,608) Favourable step	▲ 43%
Equity	€ -660,029 Equity 2022: € -660,029 First fiscal year in the series	€ -655,368 Equity 2023: € -655,368 ▲ € 4,662 vs 2022 (€ -660,029) Favourable step	€ -648,759 Equity 2024: € -648,759 ▲ € 6,608 vs 2023 (€ -655,368) Favourable step	€ -639,315 Equity 2025: € -639,315 ▲ € 9,444 vs 2024 (€ -648,759) Favourable step	▲ € 9,444
Total debts	€ 1,881,974 Total debts 2022: € 1,881,974 First fiscal year in the series	€ 1,848,623 Total debts 2023: € 1,848,623 ▼ 2% vs 2022 (€ 1,881,974) Favourable step	€ 1,765,389 Total debts 2024: € 1,765,389 ▼ 5% vs 2023 (€ 1,848,623) Favourable step	€ 1,698,292 Total debts 2025: € 1,698,292 ▼ 4% vs 2024 (€ 1,765,389) Favourable step	▼ 4%
Cash	€ 655 Cash 2022: € 655 First fiscal year in the series	€ 23,102 Cash 2023: € 23,102 ▲ € 22,447 vs 2022 (€ 655) Favourable step	€ 2,969 Cash 2024: € 2,969 ▼ 87% vs 2023 (€ 23,102) Unfavourable step	€ 6,621 Cash 2025: € 6,621 ▲ 123% vs 2024 (€ 2,969) Favourable step	▲ 123%
Land & buildings	€ 914,639 Land & buildings 2022: € 914,639 First fiscal year in the series	€ 887,271 Land & buildings 2023: € 887,271 ▼ 3% vs 2022 (€ 914,639) Unchanged	€ 862,184 Land & buildings 2024: € 862,184 ▼ 3% vs 2023 (€ 887,271) Unchanged	€ 834,789 Land & buildings 2025: € 834,789 ▼ 3% vs 2024 (€ 862,184) Unchanged	▼ 3%
Retained profit	€ -710,029 Retained profit 2022: € -710,029 First fiscal year in the series	€ -705,368 Retained profit 2023: € -705,368 ▲ € 4,662 vs 2022 (€ -710,029) Favourable step	€ -698,759 Retained profit 2024: € -698,759 ▲ € 6,608 vs 2023 (€ -705,368) Favourable step	€ -689,315 Retained profit 2025: € -689,315 ▲ € 9,444 vs 2024 (€ -698,759) Favourable step	▲ € 9,444
Bank debt	€ 812,422 Bank debt 2022: € 812,422 First fiscal year in the series	€ 775,078 Bank debt 2023: € 775,078 ▼ 5% vs 2022 (€ 812,422) Favourable step	€ 737,120 Bank debt 2024: € 737,120 ▼ 5% vs 2023 (€ 775,078) Favourable step	€ 698,538 Bank debt 2025: € 698,538 ▼ 5% vs 2024 (€ 737,120) Favourable step	▼ 5%
Balance sheet total	€ 1,221,944 Balance sheet total 2022: € 1,221,944 First fiscal year in the series	€ 1,193,255 Balance sheet total 2023: € 1,193,255 ▼ 2% vs 2022 (€ 1,221,944) Unchanged	€ 1,116,629 Balance sheet total 2024: € 1,116,629 ▼ 6% vs 2023 (€ 1,193,255) Unchanged	€ 1,058,977 Balance sheet total 2025: € 1,058,977 ▼ 5% vs 2024 (€ 1,116,629) Unchanged	▼ 5%

Key figures of HOLDING LES ETANGS, 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 HOLDING LES ETANGS?

What happened at HOLDING LES ETANGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2026 New annual accounts for financial year 2025: profit of € 9,444 (▲ 43% vs 2024). filed late Source: NBB ↗
2012 Gilbert MICHEL became a director. NBB
2012 Olga SPITCHAKOVA became a director. NBB
Sep 21, 2005 New establishment in Elsene. KBO
Jun 13, 2005 Start of the company according to the CBE. KBO

In short

From € 7,772 loss in 2022 to € 9,444 profit in 2025.

Best year ever: 2025, with € 9,444 profit.

Original PDFs at the National Bank ↗

Management

Gilbert MICHEL Olga SPITCHAKOVA

BRABO VENTURES

EURO DOMUS

INVEST-IMMO-BELGIUM

HOLDING LES ETANGS

Behind HOLDING LES ETANGS are Gilbert MICHEL and Olga SPITCHAKOVA. The same people are also behind BRABO VENTURES, EURO DOMUS and INVEST-IMMO-BELGIUM.

Directors

According to the 2025 annual accounts

Gilbert MICHEL

Director

Also active at: BRABO VENTURES, EURO DOMUS, INVEST-IMMO-BELGIUM

since 2012

Olga SPITCHAKOVA

Director

Also active at: BRABO VENTURES, EURO DOMUS, INVEST-IMMO-BELGIUM

since 2012

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 346

1050 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

BRABO VENTURES same network

€ 1.6 million gross margin · 2025

EURO DOMUS same network

€ 63,137 gross margin · 2025

INVEST-IMMO-BELGIUM same network

€ -6,531 gross margin · 2025

M.I. SUPPLIES

WEBSTORE

€ -2,959 gross margin · 2025

+1 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: 0874.458.859
VAT number: BE 0874.458.859
Registered office: Louizalaan 346, 1050 Brussel
Names & denominations: HOLDING LES ETANGS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 13 June 2005
Peppol: Active · Active since 27 Nov 2025

View on CBE Public ↗ Annual accounts (NBB) ↗