SETTLEMENTS
InactiveOverview
- Equity
- €19.3m
- Profit
- €4.5m
- Paul de SCHIETERE de LOPHEMDirector
- LaCambre InvestDirector · permanent representative Nadia DE WACHTER
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
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 (1)
- 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
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| 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 | ▲ 35× |
| Suppliers440/4 | €0.3m | €0.2m | €0.09m | €0.2m | €0.08m | €2.7m | ▲ 35× |
| 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
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Paul de SCHIETERE de LOPHEM |
|
| LaCambre Invest |
|
| Paul André Marie Thérèse Ghislain de Lophem de Schietere |
|
| Dahdah Nabil |
|
| Gommes Günther |
|
| Mennella Marco |
|
| Walters Andrew |
|
Owners and capital
Capital and shareholders
- 24-04-2023 Capital stated in the deed · USD 203,295,692.60 · 14,196,570 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
15-10
Gazette deed
Resignations & appointments · End & cessationResignation: 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)
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 ▸
- 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
24-04
Gazette deed
Resignations: Dahdah Nabil, Gommes Günther and 2 othersAppointment: Paul de Schietere de Lophem (sole director) · Amendment of the articles · Capital15 facts ▸
- Other provision, “immatriculation et assujettissement TVA, Registre des Personnes Morales de Bruxelles division francophone” (deed in French)
- Amendment of the articles, “I” (deed in French)
- Amendment of the articles
- Capital, “USD 203.295.692,6” (deed in French)
- Registered office clause, “1000 Bruxelles,Avenue Emile De Mot 23” (deed in French)
- Director resignation, Dahdah Nabil (director)
- Director resignation, Gommes Günther (director)
- Director resignation, Mennella Marco (director)
- Director resignation, Walters Andrew (director)
- Director discharge, Dahdah Nabil
- Director discharge, Gommes Günther
- Director discharge, Mennella Marco
- +3 further facts in this act
17-03
Gazette deed
Appointment: Nabil Dahdah (administrateur non exécutif)2 facts ▸
- General meeting, 30-06-2021
- Director appointment, Nabil Dahdah (administrateur non exécutif)
Show earlier events
About the unread acts
Of the 24 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 20 have not been read yet: what they contain is neither established nor disproved here.
Inactive since October 2026
SETTLEMENTS has not been in the KBO register since 14 October 2026.
- Status
- Inactiveout of the register since 14 October 2026
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Avenue Emile De Mot 23, 1000 Bruxellesas published on 15 October 2026
- Legal form
- Public limited company
- Active since
- 31 July 2008
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21822R0307/00G002 | Brussels | 311 m² | 1 · 237 m² | 27.6 m · 7 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités ou opérations se rapportant directement ou indirectement à l’achat, la vente, la gestion de toutes valeurs mobilières…” (deed in French)
4 activities (deed in French)
- Toutes activités ou opérations se rapportant directement ou indirectement à l’achat, la vente, la gestion de toutes valeurs mobilières, actions, parts sociales, obligations, polices d’assurances, de tous biens et droit mobiliers et immobiliers, par voie d’apport, la prise de participation sous quelques formes que ce soit, dans toutes sociétés ou entreprises indépendamment de leur secteur d’activité
- Toutes opérations industrielles, commerciales financières, mobilières et immobilières se rapportant directement ou indirectement à son objet ou de nature à en favoriser la réalisation et le développement, tant en Belgique qu’à l’étranger
- Conclure toute convention d’association, de rationalisation, de collaboration, tout contrat de travail ou d’entreprise, prêter son concours financier sous quelque forme que ce soit, exécuter tous travaux et études pur toute entreprise, association ou société à laquelle elle se sera intéressée ou à laquelle elle aura apporté son concours financier, vendre, acheter, cautionner, donner bail ou prendre en location tout bien corporel ou incorporel, mobilier ou immobilier, donner à bail ou affermer tout ou partie de ses installations, exploitation et son fonds de commerce
- Exercer les fonctions d’administrateur ou de liquidateur dans d’autres sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SETTLEMENTS SA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert dans toute autre localité en Belgique par décision de l’organe d'administration publiée aux Annexes…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “La société est représentée dans les actes, y compris ceux où interviennent un fonctionnaire public ou un officier ministériel et en justice…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Pouvoir d’accomplir tous les actes nécessaires ou utiles à l'accomplissement de l'objet, à l’exception de ceux réservés par la loi ou les…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 April at 14:00