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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
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Société d'aménagement urbain from Brussel, company number BE0876515952, closed financial year 2025 with a result of € 324,464 after tax. For that financial year Société d'aménagement urbain recorded revenue of € 23,603 and equity of € 198.3 million. Compared with financial year 2024, the result moved from € 431,522 to € 324,464. 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 July 17, 2026.
€ 198.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 324,464
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 24.9 million
▼ 41% 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 € 4.2 million.
People and assets in 2025
23
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 3% vs 2024
€ 145,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,791
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.7 million
▼ 3% vs 2024
€ 115,047 is repaid this year. At this pace the long-term loan is gone in ≈ 32 years.
€ 3.8 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 408 days on average.
€ 597,719
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 23,603 | |
| Gross margin | € 8,673,310 | - | - | - | |
| Profit after taxes | € 1,907,848 | € 2,361,878 | € 431,522 | € 324,464 | ▼ 25% |
| Equity | € 186,389,761 | € 187,675,701 | € 196,640,818 | € 198,283,166 | ▲ 1% |
| Total debts | € 11,436,202 | € 26,435,209 | € 30,288,717 | € 30,189,433 | |
| Cash | € 40,034,476 | € 27,628,540 | € 42,531,058 | € 24,935,842 | ▼ 41% |
| Land & buildings | € 4,887,782 | € 4,733,726 | € 1 | € 35,031,846 | ▲ € 35 million |
| Retained profit | € 1,103,296 | € 3,465,174 | € 3,896,696 | € 4,221,160 | ▲ 8% |
| Bank debt | € 4,024,705 | € 3,921,253 | € 3,814,073 | € 3,703,142 | ▼ 3% |
| Balance sheet total | € 197,825,963 | € 214,110,910 | € 226,929,535 | € 228,472,600 | ▲ 1% |
| Employees (FTE) | 23.1 | 22.8 | 23 | 23 |
Key figures of Société d'aménagement urbain, 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 Société d'aménagement urbain?
What happened at Société d'aménagement urbain in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 324,464 (▼ 25% vs 2024). Source: NBB ↗
- Justine HARZE stepped down as director. NBB
- Eric DE KEULENEER stepped down as director. NBB
- Dominique JUNNE stepped down as director. NBB
- Philemon WACHTELAER stepped down as director. NBB
- Jos BRUMAGNE stepped down as director. NBB
- Philippe VAN MUYLDER stepped down as director. NBB
- Pieter DE KEYSER stepped down as director. NBB
In short
From € 1.9 million profit in 2022 to € 324,464 profit in 2025.
Paid € 317,819 in corporate taxes since 2022.
Best year ever: 2023, with € 2.4 million profit.
On average € 375,500 of value added per employee in 2022.
A new publication or filing at Société d'aménagement urbain? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Gewestelijke Ontwikkelingsmaatschappij voor het BrusselsHoofdstedelijk Gewest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Société d'aménagement urbainThe shares are held by REGIE FONCIERE DE LA REGION DE BRUXELLES CAPITALE EtUtPub (100%) and Gewestelijke Ontwikkelingsmaatschappij voor het BrusselsHoofdstedelijk Gewest (7%).
Directors
According to the 2025 annual accounts
Justine HARZE
Director
since 2021 · until 2026
Eric DE KEULENEER
Director
since 2020 · until 2026
Dominique JUNNE
Director
since 2020 · until 2026
Philemon WACHTELAER
Director
since 2020 · until 2026
Jos BRUMAGNE
Director
since 2020 · until 2026
Philippe VAN MUYLDER
Director
since 2020 · until 2026
Pieter DE KEYSER
Director
since 2020 · until 2026
Antoine DE BORMAN
Director
since 2021 · until 2026
Jacques BRAM
Director
since 2023 · until 2026
Vincent OST
Director
since 2020 · until 2026
Alain DE COSTER
Director
since 2021 · until 2026
Isabelle DE VISSCHER
Director
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brederodestraat 9
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
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+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
sau-msi.brussels
Registered
2016-01-25
Registrar
OVH SAS
Expires
2027-01-25
Website info
Features
Security
Details
- Company number
- 0876.515.952
- VAT number
- BE 0876.515.952
- Registered office
- Brederodestraat 9, 1000 Brussel
- Names & denominations
- Société d'aménagement urbain · SAU · Maatschappij voor Stedelijke Inrichting
- Enterprise type
- Rechtspersoon
- Legal form
- Naamloze vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 6 October 2005
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- sau-msi.brussels
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen