Result
€198,477 €198,477
Back in profit in 2025, after a loss of €1.1m in 2024.
Fullerstone Development
Overview
Lifetime
8 annual accounts with figures on one time axispeak €378,863 (2025)
€378,863▲ €1.3m
lowest -€1.1m (2024)
€198,477▲ €1.3m
peak €754,799 (2025)
€754,799▲ 35.7%
€7.3m▼ 25.4%
peak 0 FTE (2024)
0 FTE
Board4 names since 2021
4 directorsAPOLLODORUS and 3 others
Owners5 names in the annual accounts
75.93%Fullerstone Properties and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from -€931,529 to €378,863Back to profit: €198,477Amendment of the articles 12-02Equity from €556,322 to €754,799Debts from €9.8m to €7.3mInvestments €25,998
Key points
from the 2025 annual accountsTurnover
≈ €670,000 estimated
The accounts state no turnover.
Debts
€7.3m 91% of the balance sheet
Financial debts 0%Suppliers 21%Taxes and wages 2%Other 77%
Of this, €6.3m falls due within a year.
Investments
€25,998 2.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.26 was 2.44 in 2024
Short-term debts rose from €4.2m to €6.3m.
Position in the sector
€198,477
Higher net result than 86% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
92
Excellent
Financially stronger than 41% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.3 percentage points vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.7%▲ +0.7 percentage points vs 06-2025
08-2025: 1.8%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -1.3 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.5 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.26, cash €70,628
lowers risk
Size: total assets €8.1m
Figures for financial year 2025 (filed on 17-07-2026)
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 28% of them on solvency, 9% on liquidity, 39% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 143 companies had the same profile as Fullerstone Development has now. Each dot is one company, two years later.
95.8%
were still trading
2.1%
stopped another way
2.1%
went bankrupt
The bankruptcy probability of Fullerstone Development itself is lower: 0.1% within 12 months. It rests on far more data about Fullerstone Development than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 143 companies, not a prediction for Fullerstone Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (2.44 in 2024), below the usual 1.5. Short-term debt is 78.6% and cash 0.9% of total assets. 90.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 days early
2024
22 days late
2023
28 days early
2022
39 days early
2021
9 days early
2020
32 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Fullerstone Properties 75.93%score 80equity €515,150 (2025) · 30-06-2025 annual accounts of Fullerstone Properties
- BVD Invest 33.3%score 96equity €932,791 (2025) · 2023 annual accounts of BVD Invest
- SynchromaX 25%score 69equity €5.6m (2025) · 30-09-2025 annual accounts of SynchromaX
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Antwerpen
Environmental permit granted
Aanpassen van verkeerswegen (tracéwijziging of verbreding), Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 2 more · Mechelen
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 3 more · Hulshout
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ranst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Fullerstone Development Antwerp | €8.1m | €378,863 | 9.3% | 0 |
| BERTHOUT Antwerp | €9.8m | €447,543 | 2.4% | 0 |
| TST INVEST Edegem | €9.0m | €343,027 | 11.2% | 0 |
| PATTIM Nieuwpoort | €5.9m | €532,486 | 4.4% | 0 |
| Next Day Sustainable Small Ixelles | €7.2m | €186,618 | 49.3% | 0 |
| ICN BB2990 Brussels | €9.7m | €646,684 | -2.2% | 0 |
| MARTRICK PROJECTS Knokke-Heist | €8.2m | €402,572 | 10.1% | 0 |
These companies have the same main activity as Fullerstone Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €5.9m and €9.8m, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 27-04-2017Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.265.809.3402600 Antwerp, since 27-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €378,863
- €198,477
- €754,799▲ 35.7%
- €8.1m▼ 22.1%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on Fullerstone Development
Fullerstone Development files the abbreviated format. That format states no turnover. The gross margin rose from -€102,923 in 2018 to €378,863 in 2025.
Fullerstone Properties holds 75.93% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 17-07-2026, 14 days before the deadline€378,863
▲ €1.3m
€368,124
▲ €1.3m
€377,954
▲ €1.3m
€208,307
▲ €1.3m
9.3%
▲ 4.0 percentage points
1.26
▼ 1.17
Money flows
no detail for 2025Balance sheet
balance sheet total €8.1m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
9.3%
Higher than 28% of 11,299 companies in 2025.
1.26
Higher than 54% of 10,851 companies in 2025.
2.5%
Higher than 62% of 11,184 companies in 2025.
Fullerstone Development
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
8.1m | 10.4m | 8.0m | 4.4m | 4.0m | 1.1m | 1.7m | 239,975 | |
21/28 |
47,507 | 31,339 | 38,297 | 46,947 | 54,428 | 115,281 | 119,469 | 127,380 | |
21 |
24,194 | - | - | - | - | - | - | - | |
22/27 |
23,314 | 31,339 | 38,297 | 46,947 | 54,428 | 115,281 | 119,469 | 127,380 | |
22 |
- | - | - | - | - | 110,480 | 117,372 | 124,264 | |
23 |
1,095 | 1,844 | 623 | 1,095 | - | - | 112 | 337 | |
24 |
1,701 | 4,497 | 8,196 | 11,894 | 15,990 | 4,801 | 1,985 | 2,779 | |
26 |
20,518 | 24,998 | 29,478 | 33,958 | 38,438 | - | - | - | |
29/58 |
8.0m | 10.3m | 7.9m | 4.4m | 4.0m | 1.0m | 1.6m | 112,595 | |
3 |
7.9m | 9.9m | 7.2m | 3.6m | 3.4m | 558,789 | 1.5m | 65,572 | |
30/36 |
7.9m | 9.9m | 7.2m | 3.6m | 3.4m | 558,789 | 1.5m | 65,572 | |
40/41 |
66,199 | 433,320 | 704,771 | 490,599 | 466,631 | 210,497 | 80,851 | 41,847 | |
40 |
39,731 | 387,809 | 588,128 | 253,034 | 260,073 | 196,410 | - | 6,412 | |
41 |
26,468 | 45,511 | 116,644 | 237,565 | 206,558 | 14,087 | 80,851 | 35,435 | |
54/58 |
70,628 | 13,310 | 17,412 | 256,396 | 95,444 | 261,230 | 6,864 | 5,176 | |
490/1 |
- | - | - | - | 1,416 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
8.1m | 10.4m | 8.0m | 4.4m | 4.0m | 1.1m | 1.7m | 239,975 | |
10/15 |
754,799 | 556,322 | -370,863 | -75,587 | -121,489 | -130,105 | -171,726 | -130,256 | |
10/11 |
2.0m | 2.0m | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
14 |
-1.3m | -1.4m | -377,063 | -81,787 | -127,689 | -136,305 | -177,926 | -136,456 | |
17/49 |
7.3m | 9.8m | 8.3m | 4.5m | 4.2m | 1.3m | 1.9m | 370,231 | |
17 |
20,253 | 1.4m | 1.4m | 1.2m | 133,003 | 89,136 | 865,166 | 104,880 | |
170/4 |
20,253 | 1.4m | 1.4m | 1.2m | 133,003 | 89,136 | 865,166 | 104,880 | |
42/48 |
6.3m | 4.2m | 4.4m | 3.2m | 1.8m | 1.2m | 985,469 | 265,351 | |
42 |
880,093 | 7,484 | 1.1m | 644,252 | 657,709 | 659,195 | 611,966 | 186,437 | |
43 |
- | - | - | - | - | - | 77,282 | - | |
430/8 |
- | - | - | - | - | - | 77,282 | - | |
44 |
1.5m | 961,809 | 721,224 | 262,662 | 150,129 | 16,502 | 26,894 | 4,071 | |
440/4 |
1.5m | 961,809 | 721,224 | 262,662 | 150,129 | 16,502 | 26,894 | 4,071 | |
45 |
123,767 | - | - | - | 4,200 | - | - | - | |
450/3 |
123,767 | - | - | - | 4,200 | - | - | - | |
47/48 |
3.8m | 3.3m | 2.6m | 2.3m | 962,623 | 511,068 | 269,327 | 74,844 | |
492/3 |
952,943 | 4.2m | 2.5m | 945 | 2.2m | - | - | - | |
| Income statement | |||||||||
70 |
- | - | 4.1m | - | - | - | - | - | |
76A |
2,467 | 99 | - | - | 101,520 | - | - | - | |
9900 |
378,863 | -931,529 | -119,369 | 217,786 | 175,502 | 118,731 | -19,383 | -102,923 | |
60/61 |
- | - | 4.2m | - | - | - | - | - | |
630 |
9,830 | 8,752 | 8,650 | 8,896 | 4,674 | 8,701 | 7,911 | 20,366 | |
640/8 |
909 | 2,004 | 109 | 459 | 24,683 | 1,067 | 622 | 714 | |
9901 |
368,124 | -942,284 | -128,128 | 208,431 | 146,145 | 108,962 | -27,915 | -124,003 | |
75/76B |
697 | 708 | - | - | 206 | - | - | - | |
75 |
697 | 708 | - | - | 206 | - | - | - | |
65/66B |
170,344 | 131,240 | 167,148 | 162,529 | 137,735 | 67,341 | 13,555 | 12,453 | |
65 |
170,344 | 131,240 | 167,148 | 162,529 | 137,735 | 67,341 | 13,555 | 12,453 | |
9903 |
198,477 | -1.1m | -295,276 | 45,902 | 8,617 | 41,621 | -41,470 | -136,456 | |
9904 |
198,477 | -1.1m | -295,276 | 45,902 | 8,617 | 41,621 | -41,470 | -136,456 | |
9905 |
198,477 | -1.1m | -295,276 | 45,902 | 8,617 | 41,621 | -41,470 | -136,456 | |
| Appropriation of the result | |||||||||
9906 |
-1.3m | -1.4m | -377,063 | -81,787 | -127,689 | -136,305 | -177,926 | -136,456 | |
14P |
-1.4m | -377,063 | -81,787 | -127,689 | -136,305 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
0 | 0 | - | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00306298 | |
| 31-12-2024 | abbreviated format | 22-08-2025 | 2025-00400335 | |
| 30-09-2023 | abbreviated format | 02-04-2024 | 2024-00056236 | |
| 30-09-2022 | abbreviated format | 22-03-2023 | 2023-00046259 | |
| 30-09-2021 | abbreviated format | 21-04-2022 | 2022-20006742 | |
| 30-09-2020 | micro format | 29-03-2021 | 2021-08800182 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10800130 | |
| 30-09-2018 | micro format | 30-04-2019 | 2019-11600095 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 377,954 | -933,532 | -119,478 | 217,327 | 150,819 | 117,663 | -20,004 | -103,636 | ||
| 208,307 | -1.1m | -286,625 | 54,798 | 13,291 | 50,322 | -33,559 | -116,090 | ||
| 25,998 | 1,794 | 0 | 1,415 | 54,302 | 4,512 | 0 | 147,747 | ||
| 57,318 | -4,102 | -238,984 | 160,951 | -165,785 | 254,366 | 1,688 | - | ||
| 1.7m | 6.1m | 3.5m | 1.1m | 2.2m | -156,250 | 573,970 | -152,757 | ||
| - | - | -3.2% | - | - | - | - | - | ||
| 9.3% | 5.4% | -4.6% | -1.7% | -3.0% | -11.4% | -10.2% | -54.3% | ||
| 1.26 | 2.44 | 1.79 | 1.34 | 2.24 | 0.87 | 1.58 | 0.42 | ||
| 0.02 | 0.11 | 0.16 | 0.23 | 0.32 | 0.40 | 0.09 | 0.18 | ||
| 9.70 | 17.63 | - | - | - | - | - | - | ||
| 26.3% | -192.8% | - | - | - | - | - | - | ||
| 2.5% | -10.4% | -3.7% | 1.0% | 0.2% | 3.6% | -2.5% | -56.9% | ||
| 2.22 | -7.11 | -0.71 | 1.34 | 1.09 | - | - | - | ||
| - | - | 53 days | - | - | - | - | - | ||
| - | - | 63 days | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,794 | - | €1,415 | €54,302 |
| Intangible fixed assets | €25,998 | - | - | - | - |
| €9,830 | €8,752 | €8,650 | €8,896 | €4,674 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Fullerstone Development
The operating result for 2025 is a profit of €368,124, after a loss of €942,284 in 2024. It is the highest result since 2018.
Debt's share of the balance-sheet total falls from 94.6% to 90.7%. Equity is higher and debt is lower.
Large changes and their cause
- 2024 Net result -263% on 2023. This financial year ran 15 months, the previous one 12.
Board & ownership
Board
4 directors, 2 in day-to-day management, last change in 2024APOLLODORUS BV
Class A director and day-to-day manager, permanent representative Edwin Van Regenmortel
class A director appointed by deed of 11-04-2024
day-to-day manager appointed by deed of 29-11-2024
term without a fixed end
earlier manager, until 11-04-2024
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 17-07-2026
Class A director and day-to-day manager, permanent representative Frédéric-Olivier Van Dyck
class A director appointed by deed of 11-04-2024
day-to-day manager appointed by deed of 29-11-2024
term without a fixed end
earlier manager, until 11-04-2024
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 17-07-2026
Class B director, permanent representative NAGER Joseef Sjalom
appointed by deed of 11-04-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 17-07-2026
SynchromaX BV
Class B director, permanent representative VERTONGEN Wim
appointed by deed of 11-04-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 17-07-2026
- APOLLODORUS, F.O. INDUSTRIES
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan. De bestuurders vormen een college. Het college kan alle handelingen stellen die nodig of…”deed of 11-04-2024
Permanent representatives 4
Frédéric-Olivier Van Dyck
Permanent representative, for F.O. INDUSTRIES
appointed by deed of 11-04-2024
NAGER Joseef Sjalom
Permanent representative, for MERIDIANA INVESTMENT MANAGERS
appointed by deed of 11-04-2024
Mandates through the years
4 names, the dashed line is todayAPOLLODORUS
Class A director, Day-to-day manager
Class A director, Day-to-day manager
F.O. INDUSTRIES
Class A director, Day-to-day manager
Class A director, Day-to-day manager
MERIDIANA INVESTMENT MANAGERS
Class B director
Class B director
SynchromaX
Class B director
Class B director
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
- APOLLODORUS
- Class A director, since before 30-09-2021
- Day-to-day manager, appointed by deed of 29-11-2024, still in office
- Manager, until 11-04-2024
- F.O. INDUSTRIES
- Class A director, since before 30-09-2021
- Day-to-day manager, appointed by deed of 29-11-2024, still in office
- Manager, until 11-04-2024
- MERIDIANA INVESTMENT MANAGERS
- Class B director, from 08-04-2024 to date
- SynchromaX
- Class B director, from 08-04-2024 to date
Control
Parent
Equity €515,150
Profit €28,676 in 2025 (profit €16,761 in 2024)
Checked score 80
75.93%
This company
Fullerstone Development
Equity €754,799
Profit €198,477 in 2025
Capital
- Contribution
- €2,006,200
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- Fullerstone Properties
- SynchromaX
- F.O. INDUSTRIES
- MERIDIANA INVESTMENT MANAGERS
- BVD Invest
Source: lists of holdings in the owners' accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-04-2024 (in Dutch)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 4 directorsAt least 4 directorsAt most 4 directorsdeed of 11-04-2024 (in Dutch)
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen - Recht van voorkeur, Artikel 8”deed of 11-04-2024 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 16:00deed of 03-10-2024 (in Dutch)
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Behoudens toepassing procedure in één akte, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…”deed of 11-04-2024 (in Dutch)
Shareholders
4 ownersOwners 4
- Fullerstone PropertiesparentEquity €515,150 Profit of €28,676 in 2025 (profit of €16,761 in 2024) Checked score 8075.93%
- Equity €932,791 Profit of €277,505 in 2025 (profit of €380,814 in 2024) Checked score 96Sourceaccounts BVD Invest 202333.3%
- Equity €5.6m Loss of €192,748 in 2025 (loss of €248,135 in 2024) Checked score 6925%
- Equity €145,750 Loss of €14,093 in 2025 (profit of €142,366 in 2024)Sourcedeed 31-12-2024share not stated
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 31-12-2024 ↗
- APOLLODORUS (BE 0848.053.875) 2,500 shares
- F.O. INDUSTRIES (BE 0879.123.668) 2,500 shares
- SYNCHROMAX (BE 0669.860.125) 2,500 shares
- MERIDIANA INVESTMENT MANAGERS (BE 0502.580.556) 2,500 shares
- FULLERSTONE PROPERTIES (BE 0652.727.648) 15,775 shares
Capital over time
- 31-12-2024 Capital increase of €2,000,000 · 3,155 new shares at €633.77 per share · “inbreng van gedeelte schuldvordering rekening-courant”
- 11-04-2024 Converted to unavailable equity · €6,200
Network & group
Group
Fullerstone Properties has 3 direct subsidiaries (accounts to 30-06-2025)Belgium 3 Year Equity Result
- BE Fullerstone Development75.93% 2025€754,799 result €198,477 (2025)
- BE Fullerstone Estate 2025€564,778 result €13,531 (2025)
- BE Generale Antwerpse Grondmaatschappij 2026€61,849 result €118,466 (2026)
Source: list of holdings in the 30-06-2025 accounts of Fullerstone Properties. Every holding stands with its own latest accounts.
At the same address
Robert Bossaertsstraat 16, 2600 Antwerp · 3 other companies| Fullerstone Properties
registered office since 21-04-2016 · founded in 2016 |
total assets €9.7m (2025) 0652.727.648 |
| Fullerstone Estate
registered office since 01-02-1991 · founded in 1990 |
total assets €2.7m (2025) 0442.639.209 |
| Generale Antwerpse Grondmaatschappij
registered office since 20-01-1989 · founded in 1988 |
total assets €671,043 (2026) 0436.171.881 |
Board mandates elsewhere
1 board mandateBoard mandates of Fullerstone DevelopmentFullerstone Development sits on their board1
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
OLDENALLER BEHEER
via MERIDIANA INVESTMENT MANAGERS · Director · deed of 27-10-2020
Founded in 1979 · total assets €6.3m (2025)
→
LANEGO CAPITAL
via MERIDIANA INVESTMENT MANAGERS · Manager · deed of 05-12-2018
Founded in 2009 · total assets €892,112 (2025) · group OLDENALLER BEHEER
→
→
Timeline
Timeline
31 events since 2017Board
Capital
Filings
Financial
Permits
Establishments
Address
Other
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Antwerpen
Annual accounts 2025 filed NBBabbreviated format · 14 days before the deadline
Environmental permit granted OmgevingsloketAanpassen van verkeerswegen (tracéwijziging of verbreding), Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 2 more · Mechelen
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 3 more · Hulshout
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ranst
2025
Back to profit net €198,477 The net result is €198,477, after 2 loss-making years.
Annual accounts 2024 filed PDFabbreviated format · 22 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Provincie Antwerpen
Environmental permit refused OmgevingsloketBouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen and 3 more · Provincie Antwerpen
Amendment of the articlesGeneral meeting of 06-02-20251 point ▸
- General meeting, 06-02-2025
- The deed holds 1 more point.
2024
Weakest financial year net -€1.1m The net result drops to -€1.1m, the lowest from 2018 to 2025. It recovers the following year.
Equity above €500,000 equity €556,322 Equity rises from -€370,863 to €556,322.
Capital increase of €2,000,0003,155 new shares · Permanent representative: VAN REGENMORTEL Edwin Hendrik Constance · Appointments: APOLLODORUS (director) and SYNCHROMAX (director) · General meeting of 26-12-202413 points ▸
- General meeting, 26-12-2024
- Capital increase, €2,000,000
- Permanent representative, VAN REGENMORTEL Edwin Hendrik Constance
- Director appointment, APOLLODORUS
- Director appointment, SYNCHROMAX
- Power of attorney, APOLLODORUS
- Capital, €2,633,314.35, 4,155 shares
- APOLLODORUS holds 2,500 shares
- F.O. INDUSTRIES holds 2,500 shares
- SYNCHROMAX holds 2,500 shares
- MERIDIANA INVESTMENT MANAGERS holds 2,500 shares
- Amendment of the articles, article 5
- FULLERSTONE PROPERTIES holds 15,775 shares, mentioned twice in the deed
- The deed holds 8 more points.
Environmental permit granted OmgevingsloketBouwen of herbouwen · Antwerpen
2 directors appointedBV APOLLODORUS (day-to-day manager) and BV F.O. INDUSTRIES (day-to-day manager) · Permanent representatives: Edwin Van Regenmortel and Frédéric-Olivier Van Dyck · Board meeting of 08-04-20245 points ▸
- Board meeting, 08-04-2024
- Director appointment, BV APOLLODORUS (day-to-day manager)
- Permanent representative, Edwin Van Regenmortel
- Director appointment, BV F.O. INDUSTRIES (day-to-day manager)
- Permanent representative, Frédéric-Olivier Van Dyck
- The deed holds 2 more points.
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ranst
Amendment of the articlesGeneral meeting of 30-09-20241 point ▸
- General meeting, 30-09-2024
- The deed holds 2 more points.
2 directors appointedChanges of role: APOLLODORUS (class A director) and F.O. Industries (class A director) · Appointments: MERIDIANA INVESTMENT MANAGERS (class B director) and SYNCHROMAX (class B director) · Permanent representatives: VAN REGENMORTEL Edwin Hendrik Constance, VAN DYCK Frédéric-Olivier Luc Beatrijs, NAGER Joseef Sjalom and VERTONGEN Wim · General meeting of 08-04-202413 points ▸
- General meeting, 08-04-2024
- Director resignation, APOLLODORUS (manager)
- Director resignation, F.O. Industries (manager)
- Director discharge, APOLLODORUS
- Director discharge, F.O. Industries
- Director appointment, APOLLODORUS (class A director)
- Permanent representative, VAN REGENMORTEL Edwin Hendrik Constance
- Director appointment, F.O. Industries (class A director)
- Permanent representative, VAN DYCK Frédéric-Olivier Luc Beatrijs
- Director appointment, MERIDIANA INVESTMENT MANAGERS (class B director)
- Permanent representative, NAGER Joseef Sjalom
- Director appointment, SYNCHROMAX (class B director)
- Permanent representative, VERTONGEN Wim
- The deed holds 8 more points.
Annual accounts 2023 filed PDFabbreviated format · 28 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 39 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 9 days before the deadline
2021
Liquidity more than doubled current ratio 2.24 The current ratio rises from 0.87 to 2.24.
Registered office moved to BerchemNew registered office: Robert Bossaertsstraat 16 2600 Berchem · Board meeting of 13-04-20212 points ▸
- Board meeting, 13-04-2021
- Registered-office move, Robert Bossaertsstraat 16 2600 Berchem
Annual accounts 2020 filed PDFmicro format · 32 days before the deadline
2020
Registered in the Peppol Directory Reachable for e-invoices through 0208:0674896405
Back to profit net €41,621 The net result is €41,621, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · on the deadline day
2019
Liquidity more than triples current ratio 1.58 The current ratio rises from 0.42 to 1.58.
Annual accounts 2018 filed PDFmicro format · on the deadline day
Financial milestones sit on the financial year-end date, not the filing date.
All 45 environmental permit applications
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0674.896.405
- VAT number
- BE 0674.896.405
- Peppol ID
- 0208:0674896405
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-04-2017
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 16:00deed of 03-10-2024 (in Dutch)
- Peppol
- Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Fullerstone Development in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-04-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Fullerstone Developmentdeed of 11-04-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-04-2024 (in Dutch)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap heeft als voorwerp”deed of 11-04-2024 (in Dutch)
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Robert Bossaertsstraat 16 registered office 2600 Antwerp | 27-04-2017 | 2.265.809.340 |
Buildings and parcels at the address
- Ground area
- 3,629 m²
- Buildings
- 235 m²
- Volume, LiDAR
- 3,593 m³
- Tallest building
- 17.5 m
Buildings to scale, each on its own parcel
Environmental permits
45 applications in Flanders since 2018 · 25 granted · 8 refused · 2 under review| 25-09-2026 | Granted | Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 09-07-2026 · project 2026080001 | Antwerpen |
| 07-07-2026 | Granted | Aanpassen van verkeerswegen (tracéwijziging of verbreding); Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande gebouwen submitted 05-12-2025 · Subdivision · project 2025061140 | Mechelen |
| 21-05-2026 | Under review | Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Verwijderen van vrijstaande gebouwen Subdivision · project 2026056897 | Boechout |
| 12-05-2026 | Under review | Nieuwbouw of aanleggen project 2026026722 | Heist-op-den-Berg |
| 09-02-2026 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen of verwijderen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen submitted 18-06-2025 · project 2025071218 | Hulshout |
| 20-01-2026 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 09-09-2025 · project 2025086645 | Ranst |
| 30-04-2025 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 29-05-2024 · project 2024070159 | Provincie Antwerpen |
| 17-04-2025 | Refused | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen of verwijderen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen submitted 29-03-2024 · project 2024035200 | Provincie Antwerpen |
| 06-12-2024 | Granted | Bouwen of herbouwen submitted 06-09-2024 · project 2024119697 | Antwerpen |
| 31-10-2024 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 03-05-2024 · project 2023144911 | Ranst |
The 10 most recent of 45 applications.
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11003A0256/00G002 | 3,629 m² | 1 · 235 m² | 17.5 m · 5 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0674.896.405