Equity
Equity fell by 54% in 10 years.
Absorbed by IMMOBILIÈRE DE SART-MESSIRE-GUILLAUME in July 2026. The last annual accounts are for financial year 2025. The company was dissolved without liquidation on 07-07-2016.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €51,000. Estimated: probably between €23,000 and €120,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 202023 months | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.1m | 1.4m | 2.5m | 2.8m | 3.0m | 3.2m | 3.6m | 4.1m | 4.1m | 7.5m | 8.3m | 5.5m | 5.5m | 4.3m | 4.3m | 4.2m | 4.6m | |
21/28 |
900,576 | 940,652 | 982,760 | 1.0m | 1.1m | 804,842 | 858,734 | 991,086 | 1.3m | 5.5m | 6.4m | 4.1m | 4.2m | 3.8m | 3.9m | 3.8m | 4.3m | |
21 |
- | - | - | - | - | - | - | 96,272 | 96,272 | 9,568 | 13,867 | 12,430 | 13,792 | - | 16,477 | - | - | |
22/27 |
900,576 | 940,652 | 982,760 | 1.0m | 1.1m | 804,842 | 858,734 | 894,814 | 1.2m | 3.5m | 4.5m | 2.1m | 2.2m | 1.9m | 2.0m | 2.1m | 2.6m | |
22 |
899,178 | 940,652 | 982,760 | 1.0m | 1.1m | 804,842 | 858,510 | 894,278 | 1.2m | 1.3m | 2.1m | 2.1m | 2.2m | 1.9m | 1.9m | 1.9m | 1.8m | |
23 |
- | - | - | - | - | - | - | - | - | - | - | 765 | 1,569 | 2,373 | 5,188 | 6,706 | 7,818 | |
24 |
1,398 | - | - | - | - | - | 224 | 536 | 20,805 | 1,308 | 2,985 | 5,973 | 9,207 | 5,353 | 1,846 | 4,198 | 2,938 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 42,869 | |
28 |
- | - | - | - | - | - | - | - | - | 2.0m | 2.0m | 2.0m | 2.0m | 1.9m | 1.9m | 1.7m | 1.7m | |
29/58 |
154,033 | 474,291 | 1.5m | 1.7m | 1.9m | 2.4m | 2.7m | 3.1m | 2.8m | 2.1m | 1.8m | 1.4m | 1.3m | 456,627 | 387,363 | 376,867 | 335,617 | |
40/41 |
512 | 126,800 | 230,000 | 230,000 | 330,000 | 415,930 | 390,000 | 407,531 | 411,133 | 1.1m | 935,979 | 462,934 | 325,874 | 439,566 | 141,694 | 210,514 | 170,920 | |
40 |
512 | - | - | - | - | 25,930 | - | - | 11,683 | 27,042 | 26,556 | 2,223 | - | 169,542 | 28,543 | 28,417 | 135,278 | |
41 |
- | 126,800 | 230,000 | 230,000 | 330,000 | 390,000 | 390,000 | 407,531 | 399,450 | 1.1m | 909,423 | 460,711 | 325,874 | 270,023 | 113,151 | 182,098 | 35,642 | |
50/53 |
- | - | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | - | - | - | - | |
54/58 |
152,411 | 341,956 | 414,178 | 598,674 | 708,192 | 1.1m | 1.4m | 1.8m | 1.5m | 22,668 | 1,300 | 16,939 | 26,027 | 5,786 | 237,075 | 158,002 | 156,998 | |
490/1 |
1,110 | 5,536 | 1,017 | 907 | 1,630 | 1,588 | 1,563 | - | - | 5,768 | 3,204 | 3,737 | 5,082 | 11,275 | 8,594 | 8,350 | 7,699 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.1m | 1.4m | 2.5m | 2.8m | 3.0m | 3.2m | 3.6m | 4.1m | 4.1m | 7.5m | 8.3m | 5.5m | 5.5m | 4.3m | 4.3m | 4.2m | 4.6m | |
10/15 |
469,543 | 507,765 | 381,303 | 379,204 | 407,025 | 510,902 | 651,797 | 814,756 | 585,455 | 1.0m | 932,489 | 975,534 | 913,129 | 1.0m | 679,124 | 652,115 | 599,211 | |
10/11 |
102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | |
10 |
102,750 | 102,750 | 102,750 | 102,750 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 102,750 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | |
13 |
929,041 | 929,041 | 929,041 | 929,041 | 1.1m | 1.1m | 1.2m | 1.3m | 1.1m | 986,931 | 929,041 | 929,041 | 929,042 | 30,540 | 30,540 | 30,540 | 30,540 | |
130/1 |
30,540 | 30,540 | 929,041 | 929,041 | 929,041 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,502 | - | - | - | - | |
130 |
30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,541 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | 30,540 | |
1312 |
- | - | 898,501 | 898,501 | - | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,501 | 898,502 | - | - | - | - | |
132 |
- | - | - | - | 159,556 | 159,556 | 275,973 | 333,862 | 141,663 | 57,890 | - | - | - | - | - | - | - | |
133 |
898,501 | 898,501 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-562,249 | -524,026 | -650,488 | -652,587 | -784,323 | -680,446 | -655,967 | -550,897 | -588,000 | -30,516 | -58,052 | -15,007 | -77,413 | 919,656 | 587,083 | 560,075 | 507,170 | |
16 |
- | - | 827,063 | 1.0m | 1.3m | 1.6m | 2.2m | 2.5m | 2.8m | 3.3m | 3.3m | 3.4m | 3.4m | 2.6m | 2.6m | 2.6m | 2.5m | |
160/5 |
- | - | 827,063 | 1.0m | 1.3m | 1.5m | 2.0m | 2.4m | 2.7m | 3.3m | 3.3m | 3.4m | 3.4m | 2.6m | 2.6m | 2.6m | 2.5m | |
163 |
- | - | 827,063 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | 1.0m | 1.3m | 1.5m | 2.0m | 2.4m | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | 79,778 | 79,778 | 137,986 | 166,927 | 117,160 | 28,941 | - | - | - | - | - | - | - | |
17/49 |
585,066 | 907,178 | 1.3m | 1.4m | 1.2m | 1.1m | 758,521 | 771,543 | 672,197 | 3.2m | 4.0m | 1.1m | 1.1m | 740,439 | 1.1m | 939,832 | 1.5m | |
17 |
- | 27,440 | 81,505 | 134,502 | 186,452 | 237,376 | 332,185 | 380,231 | 427,326 | 942,981 | 2.8m | 548,354 | 628,018 | 320,268 | 375,753 | 245,800 | 237,068 | |
170/4 |
- | 27,440 | 81,505 | 134,502 | 186,452 | 237,376 | 332,185 | 380,231 | 427,326 | 942,981 | 2.8m | 548,354 | 628,018 | 320,268 | 375,753 | 245,800 | 237,068 | |
42/48 |
582,907 | 877,726 | 1.2m | 1.2m | 1.1m | 848,045 | 426,336 | 391,312 | 244,871 | 2.1m | 1.2m | 589,952 | 467,649 | 417,319 | 665,806 | 682,036 | 1.3m | |
42 |
- | 54,065 | 52,997 | 51,950 | 50,924 | 49,918 | 48,045 | 47,096 | 46,166 | 158,104 | 178,028 | 79,664 | 81,912 | 72,497 | 68,374 | 41,601 | 27,406 | |
43 |
- | - | - | - | - | - | - | - | - | 1.1m | 302,806 | - | 328,750 | 277,706 | 18,750 | 206,804 | 1.1m | |
430/8 |
- | - | - | - | - | - | - | - | - | - | 302,806 | - | 328,750 | 277,706 | 18,750 | 206,804 | 1.1m | |
439 |
- | - | - | - | - | - | - | - | - | 1.1m | - | - | - | - | - | - | - | |
44 |
2,370 | 2,814 | 125 | 1,377 | - | 450 | 60 | 964 | 3,687 | 2,232 | 10,353 | 26,087 | 11,324 | 22,161 | 2,669 | 19,436 | 56,982 | |
440/4 |
2,370 | 2,814 | 125 | 1,377 | - | 450 | 60 | 964 | 3,687 | 2,232 | 10,353 | 26,087 | 11,324 | 22,161 | 2,669 | 19,436 | 56,982 | |
46 |
- | - | - | - | - | - | - | - | - | 15,000 | - | - | 37,181 | - | - | - | - | |
45 |
- | 45,597 | 378 | 18,424 | - | - | - | 5,069 | 15,507 | 21,109 | 12,805 | 13,346 | 8,483 | 40,362 | 28,778 | 9,377 | 88,644 | |
450/3 |
- | 45,597 | 378 | 18,424 | - | - | - | 5,069 | 15,507 | 21,109 | 12,805 | 13,346 | 8,483 | 40,362 | 28,778 | 9,377 | 88,644 | |
47/48 |
580,537 | 775,249 | 1.2m | 1.2m | 1.0m | 797,677 | 378,231 | 338,183 | 179,511 | 795,392 | 702,818 | 470,855 | - | 4,593 | 547,235 | 404,818 | 8,019 | |
492/3 |
2,159 | 2,012 | 1,836 | 1,821 | 1,777 | 3,416 | - | - | - | 141,141 | - | - | 22,155 | 2,852 | 9,275 | 11,995 | 2,279 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 655,196 | 657,499 | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | - | 76,772 | - | 14,900 | - | 34,069 | 27,161 | - | - | - | |
9900 |
6,720 | 35,826 | 36,512 | 34,999 | 25,121 | 33,149 | -37,647 | 331,203 | 216,508 | 750,485 | 501,463 | 437,621 | 248,466 | 219,101 | 412,584 | 555,311 | 445,800 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 153,733 | 219,878 | - | - | - | - | - | |
630 |
41,610 | 42,108 | 42,096 | 41,850 | 40,729 | 63,407 | 132,353 | 36,813 | 70,727 | 194,403 | 215,207 | 105,858 | 120,566 | 111,712 | 108,354 | 96,257 | 119,437 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | -43,836 | - | - | - | - | - | - | |
635/8 |
- | -182,111 | -174,518 | -257,981 | -257,981 | -515,962 | -333,861 | -333,861 | -591,884 | -45,436 | - | -41,266 | - | -60,000 | 29,999 | 37,416 | 53,759 | |
640/8 |
5,502 | 5,410 | 4,750 | 4,125 | 3,639 | 14,559 | 9,694 | 9,859 | 412,787 | 21,509 | 75,388 | 21,451 | 16,471 | 30,587 | 17,208 | 47,256 | 119,682 | |
66A |
- | - | - | - | - | - | - | - | 515,545 | - | 627 | - | 3,960 | - | - | 160,751 | 9,405 | |
9901 |
-40,392 | 170,419 | 164,184 | 247,004 | 238,734 | 471,145 | 154,167 | 618,392 | 324,878 | 580,009 | 254,704 | 351,578 | 111,429 | 136,803 | 257,024 | 374,382 | 152,922 | |
75/76B |
4,647 | 4,500 | 11,080 | 7,701 | - | 15,406 | 0 | 78 | 963 | 17,714 | 9 | 3,682 | 14,108 | 10,445 | 5,311 | 239 | 16,307 | |
75 |
4,647 | 4,500 | 11,080 | 7,701 | - | 15,406 | 0 | 78 | 963 | 17,714 | 9 | 3,682 | 14,108 | 10,445 | 5,311 | 239 | 16,307 | |
65/66B |
2,478 | 2,859 | 172,788 | 343,880 | 342,611 | 687,678 | 346,067 | 346,953 | 374,314 | 468,105 | 312,032 | 252,848 | 254,232 | 172,840 | 196,408 | 226,369 | 164,635 | |
65 |
2,478 | 2,859 | 172,788 | 343,880 | 342,611 | 687,678 | 346,067 | 346,953 | 374,314 | 468,105 | 312,032 | 252,848 | 254,232 | 172,840 | 196,408 | 226,369 | 164,635 | |
9903 |
-38,223 | 172,060 | 2,477 | -89,174 | -103,877 | -201,127 | -191,900 | 271,517 | -487,246 | 129,618 | -43,046 | 102,412 | -98,586 | 1,569 | 65,926 | -12,499 | -4,811 | |
780 |
- | - | - | 79,778 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | 45,597 | 378 | 18,424 | - | -2,024 | - | -7,551 | 72,869 | 15,252 | - | 4 | -18 | - | 24,918 | -65,403 | 2,805 | |
9904 |
-38,223 | 126,462 | 2,099 | -27,821 | -103,877 | -140,895 | -162,959 | 198,413 | -558,361 | 85,426 | -43,046 | 102,408 | -98,568 | 1,569 | 41,009 | 52,904 | -7,616 | |
789 |
- | - | - | 159,556 | - | 116,417 | 57,890 | - | 877 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 161,310 | - | 57,890 | - | - | - | - | - | - | - | |
9905 |
-38,223 | 126,462 | 2,099 | 131,735 | -103,877 | -24,478 | -105,070 | 37,103 | -557,484 | 27,536 | -43,046 | 102,408 | -98,568 | 1,569 | 41,009 | 52,904 | -7,616 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-562,249 | -524,026 | -650,488 | -652,587 | -784,323 | -680,446 | -655,967 | -550,897 | -588,000 | -30,516 | -58,052 | 24,993 | 821,088 | 919,656 | 601,083 | 560,075 | 507,170 | |
14P |
-524,026 | -650,488 | -652,587 | -784,323 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 898,502 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | 898,502 | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | 40,000 | - | - | 14,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 40,000 | - | - | 14,000 | - | - | |
| Document | ||||||||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00048134.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-02-2026 | 2026-00048134 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00022867 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00024673 | |
| 30-06-2022 | full format | 10-02-2023 | 2023-00026465 | |
| 30-06-2021 | full format | 03-01-2022 | 2022-00100517 | |
| 30-06-2020 | full format | 13-01-2021 | 2021-00800379 | |
| 31-07-2018 | full format | 31-01-2019 | 2019-03100190 | |
| 31-07-2017 | full format | 27-02-2018 | 2018-05500195 | |
| 31-07-2016 | full format | 14-03-2017 | 2017-06100570 | |
| 31-07-2015 | full format | 24-02-2016 | 2016-04900086 | |
| 31-07-2014 | full format | 09-02-2015 | 2015-03900386 | |
| 31-07-2013 | full format | 19-03-2014 | 2014-06600567 | |
| 31-07-2012 | full format | 15-03-2013 | 2013-06600108 | |
| 31-07-2011 | full format | 28-03-2012 | 2012-07100292 | |
| 31-07-2009 | full format | 17-03-2010 | 2010-06700207 | |
| 31-07-2008 | full format | 31-03-2009 | 2009-09400336 | |
| 31-07-2007 | full format | 31-03-2008 | 2008-08400287 | |
| 31-07-2006 | full format | 30-03-2007 | 2007-10705013 | |
| 31-07-2005 | full format | 28-02-2006 | 2006-06002460 | |
| 31-07-2004 | full format | 25-02-2005 | 2005-06004125 | |
| 31-07-2003 | full format | 02-03-2004 | 2004-06001921 | |
| 31-07-2002 | full format | 02-03-2004 | 2004-06001907 | |
| 31-07-2001 | full format | 10-11-2004 | 2004-78100197 | |
| 31-07-2000 | full format | 11-01-2002 | 2002-01301236 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 202023 months | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,218 | 212,527 | 206,280 | 288,855 | 279,463 | 534,552 | 286,520 | 655,205 | 395,605 | 774,412 | 469,911 | 457,436 | 231,995 | 248,514 | 365,377 | 470,639 | 272,359 | ||
| 3,387 | 168,570 | 44,195 | 14,030 | -63,148 | -77,488 | -30,607 | 235,226 | -487,634 | 279,829 | 172,161 | 208,266 | 21,998 | 113,280 | 149,362 | 149,161 | 111,821 | ||
| 1,534 | 0 | 681 | 10,792 | 291,120 | 9,516 | 1 | 2,480 | 135,638 | 12,032 | 2.5m | 3,067 | 484,444 | 51,457 | 265,867 | 337,730 | 1.1m | ||
| -189,545 | -72,222 | -184,497 | -109,518 | -368,007 | -356,813 | -390,462 | 362,961 | 1.4m | 21,368 | -15,639 | -9,088 | 20,240 | - | 79,073 | 1,004 | - | ||
| -428,874 | -403,435 | 308,947 | 492,934 | 879,361 | 1.5m | 2.3m | 2.7m | 2.5m | -56,986 | 632,174 | 792,159 | 787,834 | 39,308 | -278,443 | -305,170 | -933,217 | ||
| - | - | - | - | - | - | - | - | - | - | 38.9% | 53.5% | - | - | - | - | - | ||
| 44.5% | 35.9% | 15.1% | 13.8% | 13.6% | 16.0% | 18.2% | 19.8% | 14.4% | 13.5% | 11.3% | 17.7% | 16.7% | 23.5% | 15.7% | 15.7% | 12.9% | ||
| 0.26 | 0.54 | 1.25 | 1.40 | 1.83 | 2.82 | 6.39 | 8.00 | 11.31 | 0.97 | 1.52 | 2.34 | 2.68 | 1.09 | 0.58 | 0.55 | 0.26 | ||
| 1.25 | 1.79 | 3.46 | 3.62 | 3.06 | 2.13 | 1.16 | 0.95 | 1.15 | 3.15 | 4.28 | 1.17 | 1.22 | 0.73 | 1.55 | 1.44 | 2.52 | ||
| -8.1% | 24.9% | 0.6% | -7.3% | -25.5% | -27.6% | -25.0% | 24.4% | -95.4% | 8.4% | -4.6% | 10.5% | -10.8% | 0.2% | 6.0% | 8.1% | -1.3% | ||
| -3.6% | 8.9% | 0.1% | -1.0% | -3.5% | -4.4% | -4.5% | 4.8% | -13.7% | 1.1% | -0.5% | 1.9% | -1.8% | 0.0% | 0.9% | 1.3% | -0.2% | ||
| 0.49 | 74.34 | 1.19 | 0.84 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | 15 days | 1 day | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | 25 days | 43 days | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,534 | - | €681 | €10,792 |
| €41,610 | €42,108 | €42,096 | €41,850 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €40,392, after a profit of €170,419 in 2024. It is the lowest result since 2007.
Debt's share of the balance-sheet total falls from 64.1% to 55.5%. Equity and debt are lower.
1 other company of this director went bankrupt (2014).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Source: list of holdings in its own 31-07-2014 accounts. Every holding stands with its own latest accounts.
via , at TARGET PLUS until 2025 · Manager · deed of 10-07-2019 founded in 2016 |
total assets €376,486 (2025) |
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
This company merged into TARGET PLUS on 01-08-2016.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
The registered office moved to Lasne in 2016 and to Woluwe-Saint-Pierre in 2025.12 In 2016 the capital was increased by €41,250 to €102,750.3 ALTERNATIVE MEDIA and MPKG were merged into TARGET PLUS in 2016.43 In 2026 the company was absorbed by merger into IMMOBILIÈRE DE SART-MESSIRE-GUILLAUME.5
deed of 25-03-2019 (in French)
TARGET PLUS is no longer in the KBO register. IMMOBILIÈRE DE SART-MESSIRE-GUILLAUME took it over in a merger by absorption, published in the Belgian Official Gazette on 29 September 2026.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21682C0142/00A004 | 4,483 m² | 1 · 617 m² | 18.7 m · 3 |
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