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 (2 November 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.

Who are the directors of BASTION TOWER I?

According to the 2025 annual accounts, the directors of BASTION TOWER I are: Francis MARTIN, Mikko ANTILA, Christiaan VRIEZEN, Derek REEVES.

Is BASTION TOWER I a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 October 2007; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did BASTION TOWER I make in 2025?

BASTION TOWER I recorded a loss after taxes of € 3,514,156 in financial year 2025.

What is the revenue of BASTION TOWER I?

As a small company, BASTION TOWER I is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 8,166,916.

BASTION TOWER I (Public Limited) - Sint-Pieters-Woluwe

Dossier BASTION TOWER I, printed on 2 November 2026 from databakkes.be/en/0892699017/bastion-tower-i. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Busy address KBO

18 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.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,096,079 Revenue 2022: € 5,096,079 First fiscal year in the series	€ 7,021,506 Revenue 2023: € 7,021,506 ▲ 38% vs 2022 (€ 5,096,079) Favourable step	-	-
Gross margin	€ 5,220,789 Gross margin 2022: € 5,220,789 First fiscal year in the series	€ 6,616,672 Gross margin 2023: € 6,616,672 ▲ 27% vs 2022 (€ 5,220,789) Favourable step	€ 7,653,660 Gross margin 2024: € 7,653,660 ▲ 16% vs 2023 (€ 6,616,672) Favourable step	€ 8,166,916 Gross margin 2025: € 8,166,916 ▲ 7% vs 2024 (€ 7,653,660) Favourable step	▲ 7%
Profit after taxes	€ -4,026,302 Profit after taxes 2022: € -4,026,302 First fiscal year in the series	€ -3,011,525 Profit after taxes 2023: € -3,011,525 ▲ € 1 million vs 2022 (€ -4,026,302) Favourable step	€ -2,378,197 Profit after taxes 2024: € -2,378,197 ▲ € 633,327 vs 2023 (€ -3,011,525) Favourable step	€ -3,514,156 Profit after taxes 2025: € -3,514,156 ▼ € 1.1 million vs 2024 (€ -2,378,197) Unfavourable step	▼ € 1.1 million
Equity	€ 15,021,173 Equity 2022: € 15,021,173 First fiscal year in the series	€ 22,009,648 Equity 2023: € 22,009,648 ▲ 47% vs 2022 (€ 15,021,173) Favourable step	€ 19,631,450 Equity 2024: € 19,631,450 ▼ 11% vs 2023 (€ 22,009,648) Unfavourable step	€ 16,117,294 Equity 2025: € 16,117,294 ▼ 18% vs 2024 (€ 19,631,450) Unfavourable step	▼ 18%
Total debts	€ 88,769,677 Total debts 2022: € 88,769,677 First fiscal year in the series	€ 97,421,037 Total debts 2023: € 97,421,037 ▲ 10% vs 2022 (€ 88,769,677) Unfavourable step	€ 111,180,471 Total debts 2024: € 111,180,471 ▲ 14% vs 2023 (€ 97,421,037) Unfavourable step	€ 109,495,640 Total debts 2025: € 109,495,640 ▼ 2% vs 2024 (€ 111,180,471) Favourable step	▼ 2%
Cash	€ 3,512,345 Cash 2022: € 3,512,345 First fiscal year in the series	€ 7,014,544 Cash 2023: € 7,014,544 ▲ 100% vs 2022 (€ 3,512,345) Favourable step	€ 19,999,480 Cash 2024: € 19,999,480 ▲ 185% vs 2023 (€ 7,014,544) Favourable step	€ 17,345,496 Cash 2025: € 17,345,496 ▼ 13% vs 2024 (€ 19,999,480) Unfavourable step	▼ 13%
Land & buildings	€ 90,456,556 Land & buildings 2022: € 90,456,556 First fiscal year in the series	€ 99,072,413 Land & buildings 2023: € 99,072,413 ▲ 10% vs 2022 (€ 90,456,556) Unchanged	€ 97,607,425 Land & buildings 2024: € 97,607,425 ▼ 1% vs 2023 (€ 99,072,413) Unchanged	€ 95,145,183 Land & buildings 2025: € 95,145,183 ▼ 3% vs 2024 (€ 97,607,425) Unchanged	▼ 3%
Retained profit	€ -42,228,687 Retained profit 2022: € -42,228,687 First fiscal year in the series	€ -45,240,212 Retained profit 2023: € -45,240,212 ▼ € 3 million vs 2022 (€ -42,228,687) Unfavourable step	€ -47,618,409 Retained profit 2024: € -47,618,409 ▼ € 2.4 million vs 2023 (€ -45,240,212) Unfavourable step	€ -51,132,565 Retained profit 2025: € -51,132,565 ▼ € 3.5 million vs 2024 (€ -47,618,409) Unfavourable step	▼ € 3.5 million
Bank debt	€ 79,569,996 Bank debt 2022: € 79,569,996 First fiscal year in the series	€ 83,966,431 Bank debt 2023: € 83,966,431 ▲ 6% vs 2022 (€ 79,569,996) Unfavourable step	€ 98,553,998 Bank debt 2024: € 98,553,998 ▲ 17% vs 2023 (€ 83,966,431) Unfavourable step	€ 98,553,998 Bank debt 2025: € 98,553,998 Unchanged (€ 98,553,998) Unfavourable step
Balance sheet total	€ 103,790,850 Balance sheet total 2022: € 103,790,850 First fiscal year in the series	€ 119,430,685 Balance sheet total 2023: € 119,430,685 ▲ 15% vs 2022 (€ 103,790,850) Unchanged	€ 130,811,921 Balance sheet total 2024: € 130,811,921 ▲ 10% vs 2023 (€ 119,430,685) Unchanged	€ 125,612,934 Balance sheet total 2025: € 125,612,934 ▼ 4% vs 2024 (€ 130,811,921) Unchanged	▼ 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:

2029 Christiaan VRIEZEN stepped down as director. NBB
2028 Francis MARTIN stepped down as director. NBB
2028 Derek REEVES stepped down as director. NBB
2027 Mikko ANTILA stepped down as director. NBB
Aug 4, 2026 New annual accounts for financial year 2025: loss of € 3.5 million. filed late Source: NBB ↗
2024 Christiaan VRIEZEN became a director. NBB
2022 Francis MARTIN became a director. NBB
2022 Derek REEVES became a director. NBB

In short

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

Original PDFs at the National Bank ↗

Management

ILMA SaRL 100%

Bastion tower II SA 0%

BASTION TOWER I

Bastion Tower II SA 100%

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

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%

Bastion tower II SA

Participations

Bastion Tower II SA

100%

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

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.

All companies at this address →

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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

View on CBE Public ↗ Annual accounts (NBB) ↗

BASTION TOWER I

Warning lights

Financials

What happened to BASTION TOWER I?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions