SETTLEMENTS
InactiveOverview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€22.2mtotal assets 2025
- Equity
- €19.3m
- Profit
- €4.5m
Financial health
Inactive: no score
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
56 days late
2023
65 days late
2022
78 days late
2021
334 days late
2020
555 days late
2019
356 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 204 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 5 October (4 of the last 5 filed years within 81 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignations & appointments · End &…Resignation: LaCambre Invest (director) ·…
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Paul André Marie Thérèse Ghislain…Appointment: LaCambre Invest SRL (sole…
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4.5m
2024 · -€331,940
Working capital
€19.3m▲ 30.4%
2024 · €14.8m
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €4.6m in 2025 against €764,163 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€4.6m
2025
Net result€4.5m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€22.2m
2025
Equity€19.3m
2025
Debt€2.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€19.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€1.7m--€1.5m▲ 12.0%-€1.4m▲ 6.1%-€1.2m▲ 12.2%-€0.8m▲ 38.5%-€4.6m▼ 502%
Net result-€10.3m-€46.7m€2.0m▼ 95.8%-€10.0m-€0.3m▲ 96.7%€4.5m
Equity-€181.3m-€23.1m€25.1m▲ 8.5%€15.1m▼ 39.7%€14.8m▼ 2.2%€19.3m▲ 30.4%
Total assets€28.9m-€29.8m▲ 2.8%€30.6m▲ 2.6%€24.4m▼ 20.2%€23.5m▼ 3.7%€22.2m▼ 5.5%
Debt€210.3m-€6.6m▼ 96.8%€5.4m▼ 17.8%€9.2m▲ 69.5%€8.7m▼ 6.3%€2.9m▼ 66.8%
Working capital-€12.2m-€24.3m€25.1m▲ 3.4%€15.7m▼ 37.3%€14.8m▼ 5.9%€19.3m▲ 30.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €22.2m
Equity
€19.3m ▲ 30.4%
Debt
€2.9m ▼ 66.8%
Debt's share of the balance-sheet total falls from 36.9% to 12.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
7.73▲
2024 · 2.71
Debt to equity
0.15▼
2024 · 0.58
ROE
23.3%▲
2024 · -2.2%
ROA
20.3%▲
2024 · -1.4%
Debt ≤ 1 year
€2.9m▼
2024 · €8.7m
Income taxes
-€8.4m▼
2024 · €179,916
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | €0.005m | €0.01m | €0.09m | - | - | - | - |
| Other operating income74 | €0.005m | €0.01m | €0.09m | - | - | - | - |
| Operating charges60/66A | €1.7m | €1.5m | €1.5m | - | - | - | - |
| Services and other goods61 | €1.7m | €1.5m | €1.5m | - | - | - | - |
| Other operating charges640/8 | €0.001m | €348 | €348 | €0.05m | €0.002m | €0.001m | ▼ 53.1% |
| Gross operating margin9900 | - | - | - | -€1.2m | -€0.8m | -€4.6m | ▼ 504% |
| Operating profit (loss)9901 | -€1.7m | -€1.5m | -€1.4m | -€1.2m | -€0.8m | -€4.6m | ▼ 502% |
| Financial income75/76B | €2.8m | €64.3m | €3.6m | €0.6m | €0.6m | €0.7m | ▲ 6.6% |
| Recurring financial income75 | €0.01m | €0.1m | €3.6m | €0.6m | €0.6m | €0.7m | ▲ 6.6% |
| Income from current assets751 | - | - | €0.05m | - | - | - | - |
| Other financial income752/9 | €0.01m | €0.1m | €3.5m | - | - | - | - |
| Non-recurring financial income76B | €2.8m | €64.2m | €0 | - | - | - | - |
| Financial charges65/66B | €11.4m | €13.1m | €0.02m | €1.3m | €0.01m | €0.007m | ▼ 41.4% |
| Recurring financial charges65 | €11.4m | €10.9m | €0.02m | €1.3m | €0.01m | €0.007m | ▼ 41.4% |
| Debt charges650 | €11.1m | €10.9m | €0.001m | - | - | - | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €0 | - | - | - | - | - | - |
| Other financial charges652/9 | €0.3m | €0.01m | €0.02m | - | - | - | - |
| Non-recurring financial charges66B | €0 | €2.1m | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€10.3m | €49.7m | €2.1m | -€2.0m | -€0.2m | -€3.9m | ▼ 2,494% |
| Income taxes67/77 | - | €3.0m | €0.2m | €8.0m | €0.2m | -€8.4m | - |
| Taxes670/3 | - | €3.0m | €0.2m | - | - | - | - |
| Profit (loss) for the period9904 | -€10.3m | €46.7m | €2.0m | -€10.0m | -€0.3m | €4.5m | - |
| Profit (loss) for the period to be appropriated9905 | -€10.3m | €46.7m | €2.0m | -€10.0m | -€0.3m | €4.5m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €28.9m | €29.8m | €30.6m | €24.4m | €23.5m | €22.2m | ▼ 5.5% |
| Fixed assets21/28 | €27.7m | €0 | - | - | - | - | - |
| Financial fixed assets28 | €27.7m | €0 | - | - | - | - | - |
| Other financial fixed assets284/8 | €27.7m | €0 | - | - | - | - | - |
| Shares284 | €27.7m | €0 | - | - | - | - | - |
| Current assets29/58 | €1.3m | €29.8m | €30.6m | €24.4m | €23.5m | €22.2m | ▼ 5.5% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.06m | €0 | €1.2m | €20.9m | €21.3m | €17.9m | ▼ 15.9% |
| Trade receivables40 | €0.03m | €0 | €0.02m | €0.4m | €0.5m | €0 | ▼ 100% |
| Other amounts receivable41 | €0.03m | €0 | €1.2m | €20.5m | €20.9m | €17.9m | ▼ 14.1% |
| Current investments50/53 | - | - | €27.7m | €0 | - | - | - |
| Other investments51/53 | - | - | €27.7m | - | - | - | - |
| Cash at bank and in hand54/58 | €1.2m | €29.8m | €1.1m | €3.4m | €1.5m | €3.0m | ▲ 104% |
| Deferred charges and accrued income490/1 | €0 | €0.006m | €0.6m | €0.03m | €0.6m | €1.2m | ▲ 90.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €28.9m | €29.8m | €30.6m | €24.4m | €23.5m | €22.2m | ▼ 5.5% |
| Equity10/15 | -€181.3m | €23.1m | €25.1m | €15.1m | €14.8m | €19.3m | ▲ 30.4% |
| Contributions10/11 | €108.1m | €265.9m | €265.9m | €265.9m | €265.9m | €265.9m | = |
| Capital10 | €94.8m | €220.3m | €220.3m | €220.3m | €220.3m | €220.3m | = |
| Issued capital100 | €94.8m | €220.3m | €220.3m | €220.3m | €220.3m | €220.3m | = |
| Contributions outside capital11 | €13.3m | €45.5m | €45.5m | €45.5m | €45.5m | €45.5m | = |
| Share premium1100/10 | €13.3m | €45.5m | €45.5m | €45.5m | €45.5m | €45.5m | = |
| Profit (loss) carried forward14 | -€289.4m | -€242.7m | -€240.8m | -€250.7m | -€251.1m | -€246.6m | ▲ 1.8% |
| Amounts payable17/49 | €210.3m | €6.6m | €5.4m | €9.2m | €8.7m | €2.9m | ▼ 66.8% |
| Amounts payable after more than one year17 | €196.7m | €0 | - | - | - | - | - |
| Financial debts170/4 | €196.7m | €0 | - | - | - | - | - |
| Unsubordinated bonds171 | €196.7m | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €13.5m | €5.5m | €5.4m | €8.6m | €8.7m | €2.9m | ▼ 66.8% |
| Financial debts43 | - | - | €0.006m | €0 | - | - | - |
| Credit institutions430/8 | - | - | €0.006m | €0 | - | - | - |
| Trade debts44 | €0.3m | €0.2m | €0.09m | €0.2m | €0.08m | €2.7m | ▲ 3,375% |
| Suppliers440/4 | €0.3m | €0.2m | €0.09m | €0.2m | €0.08m | €2.7m | ▲ 3,375% |
| Taxes, remuneration and social security45 | €0.05m | €5.2m | €5.3m | €8.4m | €8.6m | €0.2m | ▼ 97.5% |
| Taxes450/3 | €0.04m | €5.2m | €5.3m | €8.4m | €8.6m | €0.2m | ▼ 97.5% |
| Remuneration and social security454/9 | €0.01m | €0.01m | €0.01m | €0 | - | - | - |
| Other amounts payable47/48 | €13.1m | €5 | €5 | €0.002m | €0.002m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €0.1m | €1.1m | €0 | €0.6m | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10.3m | €46.7m | €2.0m | -€10.0m | -€0.3m | €4.5m | - |
| Operating cash flow (approximation) | -€10.3m | €46.7m | €2.0m | -€10.0m | -€0.3m | €4.5m | - |
| Investment in fixed assets (approximation) | - | €27.7m | - | - | - | - | - |
| Change in cash | - | €28.6m | -€28.7m | €2.4m | -€2.0m | €1.5m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 16-07-2026 | 2026-00314752 |
| 31-12-2024 | full format | 25-09-2025 | 2025-00512197 |
| 31-12-2023 | full format | 04-10-2024 | 2024-00495599 |
| 31-12-2022 | full format | 17-10-2023 | 2023-00487937 |
| 31-12-2021 | full format | 30-06-2023 | 2023-00194795 |
| 31-12-2020 | full format | 06-02-2023 | 2023-00027176 |
| 31-12-2019 | full format | 22-07-2021 | 2021-38400184 |
| 31-12-2018 | full format | 22-08-2019 | 2019-51100232 |
| 31-12-2017 | full format | 26-07-2018 | 2018-39600235 |
| 31-12-2016 | full format | 30-05-2017 | 2017-13800381 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2026
Board 1
LaCambre Invest
CurrentSole director · since 15-05-2026 · Private limited company · permanent representative: Nadia De Wachter
Permanent representatives 1
Nadia De Wachter
CurrentPermanent representative · since 15-05-2026 · for LaCambre Invest
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
22 of this company's 24 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LaCambre Invest |
|
| Paul André Marie Thérèse Ghislain de Lophem de Schietere |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
15-10
Gazette deed
Resignations & appointments · End & cessationResignation: LaCambre Invest (director) · Dissolution · Liquidation distribution9 facts ▸
Gazette deed
Resignations & appointments · End & cessation
Resignation: LaCambre Invest (director) · Dissolution · Liquidation distribution9 facts ▸
- General meeting, “assemblée générale extraordinaire” (deed in French)
- Dissolution, “dissolution et liquidation en un seul acte, unanimity” (deed in French)
- Liquidation distribution, “créances de la Société et les créances à l'encontre des administrations fiscales et sociales, actionnaire unique” (deed in French)
- Liquidation closure
- Director resignation, LaCambre Invest (director)
- Custody of records, “1000 Bruxelles, Avenue Emile De Mot 23, délai déterminé par la loi” (deed in French)
- Declaration, “consignation des sommes” (deed in French)
- Power of attorney, Nadia DE WACHTER
- Declaration, “délivrance avant enregistrement, article 173, 1° bis du Code des Droits d'Enregistrement” (deed in French)
16-07
NBB filing
Annual accounts filed
financial year 2025 · full format
15-05
Gazette deed
Resignation: Paul André Marie Thérèse Ghislain de Lophem de Schietere (sole director)Appointment: LaCambre Invest SRL (sole director) · Permanent representative: Nadia De Wachter · Director discharge6 facts ▸
Gazette deed
Resignation: Paul André Marie Thérèse Ghislain de Lophem de Schietere (sole director)
Appointment: LaCambre Invest SRL (sole director) · Permanent representative: Nadia De Wachter · Director discharge6 facts ▸
- General meeting, 16-03-2026
- Director resignation, Paul André Marie Thérèse Ghislain de Lophem de Schietere (sole director)
- Director discharge, Paul André Marie Thérèse Ghislain de Lophem de Schietere (sole director)
- Director appointment, LaCambre Invest SRL (sole director)
- Permanent representative, Nadia De Wachter
- Power of attorney, LaCambre Invest SRL
2025
31-12
Financial
Back to profitnet €4.5m
Net result €4.5m after 2 loss-making years.
31-12
Financial
Liquidity more than doubledcurrent ratio 7.73
Current ratio from 2.71 to 7.73; short-term debt falls from €8.7m to €2.9m.
25-09
NBB filing
Annual accounts filed
financial year 2024 · full format · 56 days late
2024
04-10
NBB filing
Annual accounts filed
financial year 2023 · full format · 65 days late
2023
17-10
NBB filing
Annual accounts filed
financial year 2022 · full format · 78 days late
30-06
NBB filing
Annual accounts filed
financial year 2021 · full format · 334 days late
06-02
NBB filing
Annual accounts filed
financial year 2020 · full format · 555 days late
2022
31-12
Financial
Equity above €25mequity €25.1m ▲8.5%
2 profitable years in a row build equity to €25.1m.
2021
31-12
Financial
Back to profitnet €46.7m
Net result €46.7m after one loss-making year.
Show earlier events
31-12
Financial
Liquidity more than 57 timescurrent ratio 5.43
Current ratio from 0.09 to 5.43; short-term debt falls from €13.5m to €5.5m.
31-12
Financial
Equity above €10mequity €23.1m
Equity rises from -€181.3m to €23.1m.
22-07
NBB filing
Annual accounts filed
financial year 2019 · full format · 356 days late
2019
22-08
NBB filing
Annual accounts filed
financial year 2018 · full format · 22 days late
2018
26-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
30-05
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
2 of 24 deeds read
About the unread acts
Of the 24 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 22 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Financial year end31-12
Legal name FR
SETTLEMENTS SA
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
Phone
+3228804090Brussel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899581859
Also
9925:BE0899581859
Registered
09-12-2025
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 16 October 2026 · Peppol Directory
General meetings
9 meeting noticesOrdinary general meeting
Agenda
de l’assemblée sera le suivant. 1. Déclaration préliminaire du Conseil d’administration Proposition de décision : Non applicable. 2. Décharge spéciale de responsabilité des administrateurs
Extraordinary general meeting
Agenda
de l’assemblée sera le suivant : 1. Exposé préliminaire du Conseil d’Administration Proposition de décision : Non applicable. 2. Lecture et discussion du rapport spécial du Conseil d’Administra- tion rédigé conformément à l’article 7:228 du Code belge des sociétés et associations et approbation des mesures proposées par le Conseil d’Administration afin d’assurer la continuité de la Société Proposition de décision : Les actionnaires examinent le rapport spécial du Conseil d’Administration rédigé conformément à l’article 7:228 du Code belge des sociétés et associations et les mesures proposées par le Conseil d’Administration
Ordinary general meeting
Agenda
suivant : Ordre du jour de l’assemblée générale ordinaire : 1. Validation de la date de l’assemblée générale ordinaire Proposition de résolution : l’assemblée générale ordinaire valide la date de la présente assemblée générale ordinaire et n’émet aucune observation à ce sujet. 2. Présentation du rapport de gestion du conseil d’administration, du rapport du commissaire, ainsi que des comptes annuels statutaires 3. Approbation des comptes annuels statutaires de la Société relatifs à l’exercice clôturé au 31 décembre 2018 et affectation du résultat Proposition de résolution : l’assemblée générale ordinaire approuve les comptes annuels stat ...
Extraordinary general meeting
Agenda
suivant : Ordre du jour de l’assemblée générale ordinaire : 1. Validation de la date de l’assemblée générale ordinaire Proposition de résolution : l’assemblée générale ordinaire valide la date de la présente assemblée générale ordinaire et n’émet aucune observation à ce sujet. 2. Présentation du rapport de gestion du conseil d’administration, du rapport du commissaire, ainsi que des comptes annuels statutaires 3. Approbation des comptes annuels statutaires de la Société relatifs à l’exercice clôturé au 31 décembre 2017, et affectation du résultat Proposition de résolution : l’assemblée générale ordinaire approuve les comptes annuels statutaires clôturés au 31 décembre 2017, qui présentent un ...
Ordinary general meeting
Agenda
suivant : Ordre du jour : 1. Validation de la date de l’assemblée générale ordinaire Proposition de résolution : l’assemblée générale ordinaire valide la date de la présente assemblée générale ordinaire. 2. Présentation du rapport de gestion du conseil d’administration, du rapport du commissaire, ainsi que des comptes annuels statutaires 3. Approbation des comptes annuels statutaires de la Société relatifs à l’exercice clôturé au 31 décembre 2016 et affectation du résultat Proposition de résolution : l’assemblée générale ordinaire approuve les comptes annuels statutaires clôturés au 31 décembre 2016, qui présentent une perte de USD 40.558.175 et décide de reporter celle-ci à l’exercice suiva ...
Show 4 more notices
Ordinary general meeting
suivant : 1. Approbation de la date de la tenue de l’assemblée générale ordinaire de la Société et décharge spécifique aux administrateurs et au commissaire
Ordinary general meeting
Agenda
suivant : 1. Validation de la date de l’Assemblée Générale Ordinaire Proposition de résolution : l’Assemblée Générale valide la date de la présente Assemblée Générale Ordinaire, soit le 21 avril 2016, et n’émet aucune observation à ce sujet. 2. Présentation du rapport de gestion du conseil d’administration, du rapport du commissaire, ainsi que des comptes annuels 3. Approbation des comptes annuels de l’exercice social clôturé au 31 décembre 2014 et affectation du résultat Proposition de résolution : l’Assemblée Générale Ordinaire approuve les comptes annuels clôturés au 31 décembre 2014 qui présentent une perte de l’exercice de nonante-huit millions quarante- trois mille quatre cent nonante- ...
Extraordinary general meeting
Agenda
suivant : 1. Validation de la date de l’assemblée générale ordinaire. Proposition de résolution : l’assemblée générale approuve valide la date de la présente assemblée générale ordinaire, soit le 2 février 2015, et n’émet aucune observation à ce sujet. 2. Présentation du rapport de gestion du conseil d’administration, du rapport du commissaire, ainsi que des comptes annuels. 3. Approbation des comptes annuels de l’exercice social clôturé au 31 décembre 2013, et affectation du résultat. Proposition de résolution : l’assemblée générale ordinaire approuve les comptes annuels sociaux clôturés au 31 décembre 2013, qui présen- tent une perte de l’exercice d’un million quatre cent dix-huit mille no ...
Ordinary general meeting
Agenda
et les propositions de résolution suivantes : Assemblée générale ordinaire : 1. Validation de la date de l’assemblée générale ordinaire. Proposition de résolution : L’assemblée générale approuve la date de la présente assemblée générale ordinaire, soit le 20 mai 2013. 2. Discussion du rapport de gestion du conseil d’administration
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
5493004DDHVRAMZYMB32
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2011
Ground area
311 m²
Building footprint
237 m²
Building volume
4,702 m³
Parcel 21822R0307/00G002, Brussels · tallest building 27.6 m. Linked by address, not a title deed.
1 establishment unit
Lloyd Georgelaan 6, 1000 Brussel
since 2011unit no. 2.208.736.421
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21822R0307/00G002 | Brussels | 311 m² | 1 · 237 m² | 27.6 m · 7 |
How the parcels are linked
Good to know
The parcel matches the address exactly.