Downtown Development
Board
6 directors, 2 in day-to-day management, no change since 2023ASTUS BV
Director (not named in the articles) and managing director, permanent representative STEIJNS Alexandre Philippe Jacques Louis
director (not named in the articles) since 03-11-2021
managing director appointed by deed of 08-11-2021
term without a fixed end
also on the board of 9 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
Green Mill BV
Director (not named in the articles) and managing director, permanent representative DE KUYPER Jan
director (not named in the articles) since 03-11-2021
managing director appointed by deed of 08-11-2021
term without a fixed end
also on the board of 9 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
CINQO NV
Director, permanent representative DE QUINNEMAR Nicolas Louis Gabrielle
since 27-02-2023
term without a fixed end
also on the board of 6 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
TICACONSULT BV
Director, permanent representative VAN DEN EYNDEN Erik Jan Anna Mariette
since 27-02-2023
term without a fixed end
also on the board of 30 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
ViBel BV
Director, permanent representative DE VILLEGAS DE CLERCAMP Carl-Philip Paul Gaspard Marie Ghislain
since 27-02-2023
term without a fixed end
also on the board of 53 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
CLIPSTONE CommV
Director, permanent representative Werner Joris
since 09-05-2023
term without a fixed end
also on the board of 8 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
- ASTUS, Green Mill
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 12. Externe vertegenwoordiging De vennootschap kan ten aanzien van derden en in rechte als eiser of als verweerder worden…”deed of 15-03-2023
Permanent representatives 6
STEIJNS Alexandre Philippe Jacques Louis
Permanent representative, for ASTUS
appointed by deed of 08-11-2021
DE QUINNEMAR Nicolas Louis Gabrielle
Permanent representative, for CINQO
appointed by deed of 15-03-2023
DE VILLEGAS DE CLERCAMP Carl-Philip Paul Gaspard Marie Ghislain
Permanent representative, for ViBel
appointed by deed of 15-03-2023
VAN DEN EYNDEN Erik Jan Anna Mariette
Permanent representative, for TICACONSULT
appointed by deed of 15-03-2023
Mandates through the years
7 names, the dashed line is todayASTUS
Director (not named in the articles), Managing director
Director (not named in the articles), Managing director
CLIPSTONE
Director
Director
Green Mill
Director (not named in the articles), Managing director
Director (not named in the articles), Managing director
CINQO
Director
Director
TICACONSULT
Director
Director
ViBel
Director
Director
JORIS Werner Jozef Emilius
Director (not named in the articles)
Director (not named in the articles)
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
- ASTUS
- Director (not named in the articles), from 03-11-2021 to date
- Managing director, appointed by deed of 08-11-2021, still in office
- CLIPSTONE
- Director, from 03-11-2021 to date
- Green Mill
- Director (not named in the articles), from 03-11-2021 to date
- Managing director, appointed by deed of 08-11-2021, still in office
- CINQO
- Director, since before 31-12-2022
- TICACONSULT
- Director, since before 31-12-2022
- ViBel
- Director, since before 31-12-2022
- JORIS Werner Jozef Emilius
- Director (not named in the articles), from 03-11-2021 to 09-05-2023
Control
Shareholder
Equity €12.0m
Loss €596,816 in 2025 (loss €1.4m in 2024)
Checked score 66
35%
This company
Downtown Development
Equity €1.6m
Loss €502,995 in 2025
Capital
- Contribution
- €250,000
- Shares
- 2,500
- Contribution per share
- €100
- Equity per share
- €628 in 2025
- Source
- deed of 08-11-2021
Owners through the years
as the annual accounts name themOwners as a list
- STRACO REAL ESTATE DEVELOPMENT
- Downtown Real Estate
Source: lists of holdings in the owners' accounts
Articles of association
deed of 15-03-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 6 directors“Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of April at 20:00
Shareholders
2 ownersOwners 2
- Equity €12.0m Loss of €596,816 in 2025 (loss of €1.4m in 2024) Checked score 6635%
- Equity €2.0m Profit of €43,632 in 2025 (loss of €2.4m in 2024) Checked score 9332.5%
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 08-11-2021 ↗
- DOWNTOWN REAL ESTATE (BE 0676.436.725) 1,750 shares (70%)
- STEIJNS Alexandre Philippe Jacques Louis 125 shares (5%)
- DE KUYPER Jan 125 shares (5%)
- JORIS Werner Jozef Emilius 500 shares (20%)
Capital over time
- 08-11-2021 Incorporation · €250,000 · 2,500 shares