Equity
€1.6m from €2.8m in 2023
Equity fell by 44% in 2 years.
Downtown Development
Lifetime
4 annual accounts with figures on one time axispeak €250,302 (2023)
€112,992▲ €258,721
lowest -€502,995 (2025)
-€502,995▼ €252,818
peak €2.8m (2023)
€1.6m▼ 24.3%
€10.3m▲ 3.6%
peak 1 FTE (2023)
0.8 FTE▼ 20.0%
Board7 names since 2021
6 directorsASTUS and 5 others
Owners2 names in the annual accounts
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from -€145,729 to €112,992Loss of €502,995Staff from 1 FTE to 0.8 FTEEquity from €2.1m to €1.6mInvestments €3.3m
Key points
from the 2025 annual accountsResult
-€502,995 ▼ 101%
The result fell in 2025 from -€250,177 to -€502,995.
Debts
€10.3m 87% of the balance sheet
Financial debts 83%Suppliers 2%Taxes and wages 0%Other 15%
Of this, €233,217 falls due within a year.
Filings
4 annual accounts 2 late
The 2024 accounts came latest: 32 days after the end of the period.
At the same address
135 companies
Position in the sector
-€502,995
Lower net result than 95% of companies in financial services. Sector median €51,427 · 6,707 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 days early
2024
32 days late
2023
16 days late
2022
54 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 9 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (3 of the last 4 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- STRACO REAL ESTATE DEVELOPMENT 35%score 66equity €12.0m (2025) · 2025 annual accounts of STRACO REAL ESTATE DEVELOPMENT
- Downtown Real Estate 32.5%score 93equity €2.0m (2025) · 2025 annual accounts of Downtown Real Estate
Shares in 2 companies, Andes and CNTR Holding
Board & ownershipRecent changes
Amendment of the articles
Cancellation of 192 shares · General meeting of 02-09-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: Werner Joris · Appointment: CLIPSTONE CommV · Permanent representative: Werner Joris · General meeting of 09-05-2023 · Gazette deed
3 directors appointed
Permanent representatives: Alexandre STEIJNS, Jan DE KUYPER, DE QUINNEMAR Nicolas Louis Gabrielle, VAN DEN EYNDEN Erik Jan Anna Mariette and DE VILLEGAS DE CLERCAMP Carl-Philip Paul Gaspard Marie Ghislain · CINQO, TICACONSULT and VIBEL · General meeting of 27-02-2023 · Gazette deed
Incorporation
Founding capital of €250,000, 2,500 shares · Founders: DOWNTOWN REAL ESTATE, STEIJNS Alexandre Philippe Jacques Louis, DE KUYPER Jan and 1 other · Appointments: ASTUS, GREEN MILL and JORIS Werner Jozef Emilius · published on 08-11-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Downtown Development Brussels | €11.8m | €112,992 | 13.3% | 0.8 |
| Pollux Holding Antwerp | €12.9m | €125,698 | -4.2% | 0.8 |
| Kiaan Lummen | €13.1m | €130,176 | 98.0% | 0.7 |
| Flora World International Berlaar | €12.6m | €146,466 | 71.0% | 1.1 |
| AMUSEMENT ACTIVITIES INTERNATIONAL BV Oud-Turnhout | €16.8m | €138,994 | 99.9% | 0.4 |
| Betty Brussels | €11.0m | €128,893 | 10.1% | 0.6 |
| GREEN HEAT CAPITAL Wemmel | €7.4m | €172,325 | 44.7% | 1 |
These companies have the same main activity as Downtown Development: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €7.4m and €17m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 04-11-2021Normal situation
- Registered office
- 136 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.325.304.6851050 Ixelles, since 04-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €11.8m▼ 1.2%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Downtown Development
Downtown Development files the abbreviated format. That format states no turnover. The gross margin rose from €13,910 in 2022 to €112,992 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Downtown Development
- What is the company number of Downtown Development?
- The company number of Downtown Development is 0776.834.002. The VAT number is the same number with BE in front: BE 0776.834.002.
- Where is Downtown Development based?
- The registered office is at Louizalaan 235, 1050 Brussels.Company details
- What does Downtown Development do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Downtown Development?
- Downtown Development is a private limited company (BV).
- When was Downtown Development founded?
- Downtown Development was founded on 04-11-2021.
- Is Downtown Development still active?
- Yes, Downtown Development is an active enterprise in the KBO register.
- How many employees does Downtown Development have?
- Downtown Development had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Downtown Development fall under?
- In its 2025 annual accounts, Downtown Development states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Downtown Development?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €112,992 and 32 comparable companies (NACE 64210). It probably lies between €150,000 and €220,000.
- Is Downtown Development profitable?
- In financial year 2025, Downtown Development made a loss of €502,995.
- Where can I find the annual accounts of Downtown Development?
- Downtown Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Downtown Development due?
- Downtown Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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