BOTANIC BUILDING
ActiveSummary
BOTANIC BUILDING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11.8m and a net result of -€6.0m. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 4814 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability4▼-21
Solvency46▼-3
Growth22=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.09 against 4.62 in 2023; short-term debt: 77% and cash: 0.9% of total assets), and 79.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6.0m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2026, 418 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
418 d late
2023
1 d early
2022
12 d early
2021
30 d late
2020
19 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€2.6m▼ 18.7%
2023 · €3.2m
EBIT margin
-138.4%▼ 49.8pp
2023 · -88.7%
Net result
-€6.0m▼ 16.3%
2023 · -€5.1m
Working capital
-€40.0m
2023 · €4.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€3.9m▼ 19.2%€2.4m▼ 37.5%€3.0m▲ 22.6%€3.2m▲ 6.9%€2.6m▼ 18.7%
Operating result€702,013▼ 59.0%-€1.8m-€1.4m▲ 21.9%-€2.8m▼ 94.7%-€3.6m▼ 27.0%
Net result-€25,715-€2.6m▼ 10,050%-€2.4m▲ 7.2%-€5.1m▼ 112%-€6.0m▼ 16.3%
EBIT margin18.2%▼ 17.7pp-76.4%▼ 94.6pp-48.7%▲ 27.8pp-88.7%▼ 40.0pp-138.4%▼ 49.8pp
Equity€21.8m▼ 0.1%€19.2m▼ 12.0%€16.7m▼ 12.6%€14.6m▼ 12.8%€11.8m▼ 19.1%
Total assets€65.0m▲ 1.0%€64.3m▼ 1.1%€62.3m▼ 3.1%€60.2m▼ 3.4%€56.9m▼ 5.5%
Debt€43.3m▲ 1.6%€45.2m▲ 4.4%€45.6m▲ 0.9%€45.6m=€45.1m▼ 1.2%
Working capital€4.5m▼ 31.5%€5.2m▲ 15.3%€4.4m▼ 15.4%€4.0m▼ 10.0%-€40.0m
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.6m in 2024 against €2.8m in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56.9m
Fixed assets
€53.1m ▼ 3.7%
Current assets
€3.8m ▼ 25.8%
Equity and liabilities €56.9m
Equity
€11.8m ▼ 19.1%
Debt
€45.1m ▼ 1.2%
Debt's share of the balance-sheet total rises from 75.8% to 79.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€359,370▼
2023 · €284,686
Cash flow
-€2.8m▼
2023 · -€2.1m
Current ratio
0.09▼
2023 · 4.62
Debt to equity
3.82▲
2023 · 3.13
ROE
-50.7%▼
2023 · -35.3%
ROA
-10.5%▼
2023 · -8.6%
Interest coverage
-0.15▼
2023 · 0.12
Debt ≤ 1 year
€43.8m▲
2023 · €1.1m
Debt > 1 year
€0▼
2023 · €43.0m
Income taxes
€144,051▼
2023 · €220,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,607 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88% are still going.
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
- without size
3.8%
went bankrupt
6.7%
stopped otherwise
88%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,607 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €3.4m | €4.0m | €3.9m | €3.5m | ▼ 10.2% |
| Turnover70 | €3.9m | €2.4m | €3.0m | €3.2m | €2.6m | ▼ 18.7% |
| Other operating income74 | - | €955,057 | €1.1m | €740,193 | €933,792 | ▲ 26.2% |
| Operating charges60/66A | - | €5.2m | €5.5m | €6.7m | €7.1m | ▲ 5.4% |
| Services and other goods61 | - | €1.2m | €1.3m | €1.9m | €2.4m | ▲ 26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.3m | €2.7m | €2.9m | €3.1m | €3.2m | ▲ 3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €353,986 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1.3m | €1.2m | €1.4m | €1.5m | ▲ 7.3% |
| Operating profit (loss)9901 | €702,013 | -€1.8m | -€1.4m | -€2.8m | -€3.6m | ▼ 27.0% |
| Financial income75/76B | - | - | €20,736 | €320,742 | €107,264 | ▼ 66.6% |
| Recurring financial income75 | €1 | - | €20,736 | €320,742 | €107,264 | ▼ 66.6% |
| Other financial income752/9 | - | - | €20,736 | €320,742 | €107,264 | ▼ 66.6% |
| Financial charges65/66B | - | €764,165 | €1.0m | €2.4m | €2.4m | ▼ 2.2% |
| Recurring financial charges65 | €727,729 | €764,165 | €1.0m | €2.4m | €2.4m | ▼ 2.2% |
| Debt charges650 | €726,667 | €762,394 | €999,107 | €2.4m | €2.4m | ▼ 2.2% |
| Other financial charges652/9 | - | €1,770 | €3,215 | €1,229 | €1,139 | ▼ 7.3% |
| Profit (loss) for the period before taxes9903 | -€25,715 | -€2.6m | -€2.4m | -€4.9m | -€5.8m | ▼ 18.6% |
| Income taxes67/77 | - | - | - | €220,306 | €144,051 | ▼ 34.6% |
| Taxes670/3 | - | - | - | €220,306 | €144,051 | ▼ 34.6% |
| Profit (loss) for the period9904 | -€25,715 | -€2.6m | -€2.4m | -€5.1m | -€6.0m | ▼ 16.3% |
| Profit (loss) for the period to be appropriated9905 | -€25,715 | -€2.6m | -€2.4m | -€5.1m | -€6.0m | ▼ 16.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65.0m | €64.3m | €62.3m | €60.2m | €56.9m | ▼ 5.5% |
| Fixed assets21/28 | €58.1m | €58.5m | €56.8m | €55.1m | €53.1m | ▼ 3.7% |
| Tangible fixed assets22/27 | €58.1m | €58.5m | €56.8m | €55.1m | €53.1m | ▼ 3.7% |
| Land and buildings22 | - | €47.4m | €45.5m | €45.0m | €52.7m | ▲ 17.0% |
| Furniture and vehicles24 | - | €30,745 | €31,247 | €23,239 | €15,208 | ▼ 34.6% |
| Other tangible fixed assets26 | - | €11.1m | €10.5m | €10.0m | €0 | ▼ 100% |
| Assets under construction and advance payments27 | - | - | €638,775 | €64,520 | €444,761 | ▲ 589% |
| Financial fixed assets28 | €4,050 | €4,050 | €4,050 | €0 | - | - |
| Other financial fixed assets284/8 | - | €4,050 | €4,050 | €0 | - | - |
| Amounts receivable and cash guarantees285/8 | - | €4,050 | €4,050 | €0 | - | - |
| Current assets29/58 | €6.9m | €5.8m | €5.6m | €5.1m | €3.8m | ▼ 25.8% |
| Stocks and contracts in progress3 | - | - | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.6m | €1.4m | €1.7m | €1.8m | €1.3m | ▼ 30.8% |
| Trade receivables40 | - | €1.1m | €1.4m | €1.1m | €813,619 | ▼ 25.8% |
| Other amounts receivable41 | - | €300,000 | €329,469 | €729,469 | €450,000 | ▼ 38.3% |
| Cash at bank and in hand54/58 | €2.1m | €766,723 | €1.1m | €649,861 | €500,828 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | - | €3.6m | €2.7m | €2.6m | €2.0m | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65.0m | €64.3m | €62.3m | €60.2m | €56.9m | ▼ 5.5% |
| Equity10/15 | €21.8m | €19.2m | €16.7m | €14.6m | €11.8m | ▼ 19.1% |
| Contributions10/11 | €18.0m | €18.7m | €18.7m | €21.7m | €24.9m | ▲ 14.7% |
| Capital10 | - | €18.0m | €18.0m | €21.0m | €24.2m | ▲ 15.2% |
| Issued capital100 | - | €18.0m | €18.0m | €21.0m | €24.2m | ▲ 15.2% |
| Outside capital11 | - | €700,497 | €700,497 | €700,497 | €700,497 | = |
| Share premium1100/10 | - | €700,497 | €700,497 | €700,497 | €700,497 | = |
| Reserves13 | €618,153 | €618,153 | €618,153 | €618,153 | €618,153 | = |
| Non-distributable reserves130/1 | - | €618,153 | €618,153 | €618,153 | €618,153 | = |
| Legal reserve130 | - | €618,153 | €618,153 | €618,153 | €618,153 | = |
| Profit (loss) carried forward14 | €2.4m | -€199,299 | -€2.6m | -€7.8m | -€13.8m | ▼ 77.1% |
| Amounts payable17/49 | €43.3m | €45.2m | €45.6m | €45.6m | €45.1m | ▼ 1.2% |
| Amounts payable after more than one year17 | €40.0m | €43.0m | €43.0m | €43.0m | €0 | ▼ 100% |
| Financial debts170/4 | - | €43.0m | €43.0m | €43.0m | €0 | ▼ 100% |
| Credit institutions173 | - | €43.0m | €43.0m | €43.0m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €2.4m | €581,127 | €1.2m | €1.1m | €43.8m | ▲ 3,897% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €43.0m | - |
| Trade debts44 | €1.2m | €476,766 | €820,190 | €696,345 | €501,081 | ▼ 28.0% |
| Suppliers440/4 | - | €476,766 | €820,190 | €696,345 | €501,081 | ▼ 28.0% |
| Taxes, remuneration and social security45 | - | €103,648 | €343,140 | €397,999 | €220,743 | ▼ 44.5% |
| Taxes450/3 | - | €103,648 | €343,140 | €397,999 | €220,743 | ▼ 44.5% |
| Other amounts payable47/48 | - | €714 | €1,095 | €1,095 | €59,314 | ▲ 5,314% |
| Accrued charges and deferred income492/3 | - | €1.6m | €1.4m | €1.5m | €1.3m | ▼ 14.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,715 | -€2.6m | -€2.4m | -€5.1m | -€6.0m | ▼ 16.3% |
| + Depreciation and write-downs630 | €2.3m | €2.7m | €2.9m | €3.1m | €3.2m | ▲ 3.6% |
| Operating cash flow (approximation) | €2.2m | €124,266 | €518,192 | -€2.1m | -€2.8m | ▼ 35.4% |
| Investment in fixed assets (approximation) | - | -€3.2m | -€1.2m | -€1.5m | -€1.2m | ▲ 19.3% |
| Change in cash | - | -€1.3m | €355,852 | -€472,714 | -€149,033 | ▲ 68.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 418 days late
2024
31-12
Financial
Weakest financial yearnet -€6.0m
Net result drops to -€6.0m, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 9.96
Current ratio from 2.86 to 9.96; short-term debt falls from €2.4m to €581,127.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 30 acts read
About the unread acts
We know of 30 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
30 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2000
Ground area
5,392 m²
Building footprint
4,282 m²
Volume, LiDAR
161,884 m³
2 parcels, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
252
companies at this address
See who is registered here
1 establishment unit
Koning Albert II-laan 7, 1210 Sint-Joost-ten-Node
since 20002.096.507.124
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 fl. |
| 21014A0004/00Y018 | Brussels | 2,230 m² | 1 · 2,026 m² | 36.2 m · 10 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- Partners Group Holding AGCH
- BOTANIC BUILDING
Highest known parent: Partners Group Holding AG (Switzerland). The sources do not say who stands above it.
Owners 1
- Partners Group Holding AGCHparentSourceLEI registerconsolidated
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300KQ4Z4LJCMWEU96
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. 1,080 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
41001General construction of residential buildings
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471544318
Also
9925:BE0471544318
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.