Active · per the CBE, 17 September 2026

BASTION TOWER I

BE0892699017

Rechtspersoon Public limited company 1 establishment

BASTION TOWER I is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 10 October 2007, 1 establishment.

Tervurenlaan 249 box A, 1150 Sint-Pieters-Woluwe

Active for

18 year, 11 months

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Busy address KBO

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

Financials

Financial year 2025

BASTION TOWER I from Sint-Pieters-Woluwe, company number BE0892699017, closed financial year 2025 with a result of € -3.5 million after tax. For that financial year BASTION TOWER I recorded a gross margin of € 8.2 million and equity of € 16.1 million. Compared with financial year 2024, the result moved from € -2.4 million to € -3.5 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.

What it is worth Healthy

€ 16.1 million

▼ 18% vs 2024

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

Loss Caution

€ -3.5 million

▼ 48 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17.3 million

▼ 13% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -51.1 million.

People and assets in 2025

Vehicles and equipment

€ 87,656

▼ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 98.6 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.8 million

▼ 7% vs 2024

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

Taxes

€ 57,785

▼ 60% vs 2024

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)
2022202320242025Change 2024 → 2025
Revenue € 5,096,079 € 7,021,506 - -
Gross margin € 5,220,789 € 6,616,672 € 7,653,660 € 8,166,916 ▲ 7%
Profit after taxes € -4,026,302 € -3,011,525 € -2,378,197 € -3,514,156 ▼ € 1.1 million
Equity € 15,021,173 € 22,009,648 € 19,631,450 € 16,117,294 ▼ 18%
Total debts € 88,769,677 € 97,421,037 € 111,180,471 € 109,495,640 ▼ 2%
Cash € 3,512,345 € 7,014,544 € 19,999,480 € 17,345,496 ▼ 13%
Land & buildings € 90,456,556 € 99,072,413 € 97,607,425 € 95,145,183 ▼ 3%
Retained profit € -42,228,687 € -45,240,212 € -47,618,409 € -51,132,565 ▼ € 3.5 million
Bank debt € 79,569,996 € 83,966,431 € 98,553,998 € 98,553,998
Balance sheet total € 103,790,850 € 119,430,685 € 130,811,921 € 125,612,934 ▼ 4%

Key figures of BASTION TOWER I, 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 BASTION TOWER I?

What happened at BASTION TOWER I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Christiaan VRIEZEN stepped down as director. NBB
  • Francis MARTIN stepped down as director. NBB
  • Derek REEVES stepped down as director. NBB
  • Mikko ANTILA stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 3.5 million. filed late Source: NBB ↗
  • Christiaan VRIEZEN became a director. NBB
  • Francis MARTIN became a director. NBB
  • Derek REEVES became a director. NBB

In short

From € 4 million loss in 2022 to € 3.5 million loss in 2025.

Management

ILMA SaRL 100%
BASTION TOWER I

The shares are held by ILMA SaRL (100%) and Bastion tower II SA (0%). It owns 100% of Bastion Tower II SA itself.

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Directors

According to the 2025 annual accounts

Francis MARTIN

Director

since 2022 · until 2028

Mikko ANTILA

Director

Also active at: BASTION TOWER II

since 2021 · until 2027

Christiaan VRIEZEN

Director

since 2024 · until 2029

Derek REEVES

Director

since 2022 · until 2028

Shareholders

ILMA SaRL

100%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Tervurenlaan 249 box A

1150 Sint-Pieters-Woluwe

2.165.713.258

Avenue Reine Astrid 92

1310 La Hulpe

Active since 18 October 2007

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

Details

Company number
0892.699.017
VAT number
BE 0892.699.017
Registered office
Tervurenlaan 249 bus A, 1150 Sint-Pieters-Woluwe
Names & denominations
BASTION TOWER I
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
10 October 2007
Peppol
Active · Active since 30 Dec 2025
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

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

Verhuur en exploitatie van terreinen

Handel in eigen onroerend goed

Vermogensbeheer

Handel in onroerend goed

Verhuur van terreinen

+1

Frequently asked questions

What does BASTION TOWER I do?
BASTION TOWER I is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 10 October 2007, 1 establishment.
What is the address of BASTION TOWER I?
The registered office of BASTION TOWER I is located at Tervurenlaan 249 box A, 1150 Sint-Pieters-Woluwe.
Is BASTION TOWER I still active?
Yes. According to the CBE (17 September 2026) BASTION TOWER I is active, legal situation “Normale toestand”, started on 10 October 2007.
Is BASTION TOWER I registered on Peppol?
Yes, BASTION TOWER I is registered on the Peppol network with ID 0208:0892699017.
What is the enterprise number of BASTION TOWER I?
The enterprise number of BASTION TOWER I is BE0892699017.
When was BASTION TOWER I founded?
BASTION TOWER I was founded on 10 October 2007.