NEO
ActiveSummary
NEO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111.40M and a net result of €-1.75M. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
short-term debt: 0.7% and cash: 0.5% of total assets, and 0.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.3%
Return on assets
-1.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
33 d late
2024
29 d late
2023
1 d early
2022
7 d early
2021
5 d early
2020
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.75M▼ 63.7%
2024 · €-1.07M
2018: €-2.70M
2019: €-2.11M▲ +21.6% vs 2018
2020: €-5.18M▼ -145% vs 2019lowest in 8 years
2021: €-1.82M▲ +64.8% vs 2020
2022: €-1.86M▼ -1.9% vs 2021
2023: €-978k▲ +47.4% vs 2022highest in 8 years
2024: €-1.07M▼ -9.1% vs 2023
2025: €-1.75M▼ -63.7% vs 2024
2018 → 2025
Working capital
€88.57M▲ 0.6%
2024 · €88.07M
2018: €60.30Mlowest in 8 years
2019: €64.92M▲ +7.7% vs 2018
2020: €70.74M▲ +9.0% vs 2019
2021: €71.97M▲ +1.7% vs 2020
2022: €78.99M▲ +9.7% vs 2021
2023: €83.87M▲ +6.2% vs 2022
2024: €88.07M▲ +5.0% vs 2023
2025: €88.57M▲ +0.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82.70M-€90.85M▲ 9.9%€96.62M▲ 6.3%€103.93M▲ 7.6%€111.40M▲ 7.2%
2021: €82.70Mlowest in 5 years
2022: €90.85M▲ +9.9% vs 2021
2023: €96.62M▲ +6.3% vs 2022
2024: €103.93M▲ +7.6% vs 2023
2025: €111.40M▲ +7.2% vs 2024highest in 5 years
Operating result€-1.85M-€-1.89M▼ 2.1%€-1.97M▼ 4.5%€-2.07M▼ 5.3%€-2.25M▼ 8.6%
2021: €-1.85Mhighest in 5 years
2022: €-1.89M▼ -2.1% vs 2021
2023: €-1.97M▼ -4.5% vs 2022
2024: €-2.07M▼ -5.3% vs 2023
2025: €-2.25M▼ -8.6% vs 2024lowest in 5 years
Net result€-1.82M-€-1.86M▼ 1.9%€-978k▲ 47.4%€-1.07M▼ 9.1%€-1.75M▼ 63.7%
2021: €-1.82M
2022: €-1.86M▼ -1.9% vs 2021lowest in 5 years
2023: €-978k▲ +47.4% vs 2022highest in 5 years
2024: €-1.07M▼ -9.1% vs 2023
2025: €-1.75M▼ -63.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.25M in 2025 against €2.07M in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112.19M
Fixed assets
€22.83M ▲ 43.9%
Current assets
€89.36M ▲ 0.5%
Equity and liabilities €112.19M
Equity
€111.40M ▲ 7.2%
Debt
€785k ▼ 12.0%
Debt's share of the balance-sheet total falls from 0.9% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-2.24M▼
2024 · €-2.07M
Cash flow
€-1.74M▼
2024 · €-1.06M
Debt to equity
0.01▼
2024 · 0.01
ROE
-1.6%▼
2024 · -1.0%
ROA
-1.6%▼
2024 · -1.0%
Interest coverage
-65.32▼
2024 · -49.89
Debt ≤ 1 year
€785k▼
2024 · €892k
Staff costs
€897k▲
2024 · €777k
A ratio outside any meaningful range has been withheld (balance sheet total €112.19M, equity €111.40M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104.82M€112.19M▲
Fixed assets21/28€15.86M€22.83M▲
Tangible fixed assets22/27€15.86M€22.83M▲
Furniture and vehicles24€45k€36k▼
Assets under construction and advance payments27€15.81M€22.79M▲
Financial fixed assets28€363€363=
Current assets29/58€88.96M€89.36M▲
Amounts receivable after more than one year29€65.00M€73.37M▲
Other amounts receivable291€65.00M€73.37M▲
Amounts receivable within one year40/41€238k€85k▼
Trade receivables40€215k€83k▼
Other amounts receivable41€23k€2k▼
Current investments50/53€23.23M€15.37M▼
Cash at bank and in hand54/58€462k€514k▲
Deferred charges and accrued income490/1€27k€19k▼
Equity and liabilities
Total equity and liabilities10/49€104.82M€112.19M▲
Equity10/15€103.93M€111.40M▲
Contributions10/11€139.09M€148.32M▲
Profit (loss) carried forward14€-35.17M€-36.91M▼
Amounts payable17/49€892k€785k▼
Amounts payable within one year42/48€892k€785k▼
Trade debts44€770k€515k▼
Suppliers440/4€770k€515k▼
Taxes, remuneration and social security45€122k€270k▲
Taxes450/3€67k€168k▲
Remuneration and social security454/9€54k€102k▲
Accrued charges and deferred income492/3€182€182=
Income statement
Code20242025
Remuneration, social security and pensions62€777k€897k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€10k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€-1.29M€-1.34M▼
Operating profit (loss)9901€-2.07M€-2.25M▼
Financial income75/76B€1.05M€540k▼
Recurring financial income75€1.05M€540k▼
Financial charges65/66B€41k€34k▼
Recurring financial charges65€41k€34k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-1.07M€-1.75M▼
Income taxes67/77€0-
Profit (loss) for the period9904€-1.07M€-1.75M▼
Profit (loss) for the period to be appropriated9905€-1.07M€-1.75M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35.17M€-36.91M▼
Profit (loss) brought forward from the previous period14P€-34.10M€-35.17M▼
Social balance
Average headcount (FTE)90876.16.6▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €644k | €609k | €737k | €777k | €897k | ▲ 15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €2k | €4k | €10k | ▲ 156% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-3.00M | €0 | - | - | - | - |
| Other operating charges640/8 | €24k | €2k | €2k | €2k | €1k | ▼ 20.2% |
| Non-recurring operating charges66A | €3.00M | €0 | €144 | €0 | - | - |
| Gross operating margin9900 | €-1.18M | €-1.27M | €-1.23M | €-1.29M | €-1.34M | ▼ 4.1% |
| Operating profit (loss)9901 | €-1.85M | €-1.89M | €-1.97M | €-2.07M | €-2.25M | ▼ 8.6% |
| Financial income75/76B | €69k | €113k | €1.04M | €1.05M | €540k | ▼ 48.5% |
| Recurring financial income75 | €69k | €113k | €1.04M | €1.05M | €540k | ▼ 48.5% |
| Non-recurring financial income76B | €710 | €0 | - | - | - | - |
| Financial charges65/66B | €45k | €86k | €48k | €41k | €34k | ▼ 17.2% |
| Recurring financial charges65 | €43k | €78k | €43k | €41k | €34k | ▼ 17.2% |
| Non-recurring financial charges66B | €2k | €8k | €5k | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €-1.82M | €-1.86M | €-978k | €-1.07M | €-1.75M | ▼ 63.7% |
| Income taxes67/77 | €0 | - | €140 | €0 | - | - |
| Profit (loss) for the period9904 | €-1.82M | €-1.86M | €-978k | €-1.07M | €-1.75M | ▼ 63.7% |
| Profit (loss) for the period to be appropriated9905 | €-1.82M | €-1.86M | €-978k | €-1.07M | €-1.75M | ▼ 63.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84.41M | €92.02M | €98.58M | €104.82M | €112.19M | ▲ 7.0% |
| Fixed assets21/28 | €10.73M | €11.87M | €12.74M | €15.86M | €22.83M | ▲ 43.9% |
| Tangible fixed assets22/27 | €10.72M | €11.86M | €12.74M | €15.86M | €22.83M | ▲ 43.9% |
| Furniture and vehicles24 | €5k | €2k | €0 | €45k | €36k | ▼ 18.6% |
| Assets under construction and advance payments27 | €10.71M | €11.86M | €12.74M | €15.81M | €22.79M | ▲ 44.1% |
| Financial fixed assets28 | €13k | €6k | €363 | €363 | €363 | = |
| Current assets29/58 | €73.68M | €80.15M | €85.84M | €88.96M | €89.36M | ▲ 0.5% |
| Amounts receivable after more than one year29 | €39.77M | €49.81M | €56.63M | €65.00M | €73.37M | ▲ 12.9% |
| Other amounts receivable291 | €39.77M | €49.81M | €56.63M | €65.00M | €73.37M | ▲ 12.9% |
| Amounts receivable within one year40/41 | €1.00M | €344k | €1.04M | €238k | €85k | ▼ 64.1% |
| Trade receivables40 | €309k | €309k | €1.00M | €215k | €83k | ▼ 61.2% |
| Other amounts receivable41 | €696k | €35k | €34k | €23k | €2k | ▼ 91.9% |
| Current investments50/53 | €28.00M | €27.95M | €26.90M | €23.23M | €15.37M | ▼ 33.8% |
| Cash at bank and in hand54/58 | €4.82M | €2.02M | €1.21M | €462k | €514k | ▲ 11.2% |
| Deferred charges and accrued income490/1 | €82k | €17k | €60k | €27k | €19k | ▼ 30.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84.41M | €92.02M | €98.58M | €104.82M | €112.19M | ▲ 7.0% |
| Equity10/15 | €82.70M | €90.85M | €96.62M | €103.93M | €111.40M | ▲ 7.2% |
| Contributions10/11 | €113.97M | €123.97M | €130.72M | €139.09M | €148.32M | ▲ 6.6% |
| Capital10 | €107.58M | €115.95M | - | - | - | - |
| Issued capital100 | €130.20M | €138.58M | - | - | - | - |
| Uncalled capital101 | €22.63M | €22.63M | - | - | - | - |
| Outside capital11 | €6.39M | €8.02M | - | - | - | - |
| Share premium1100/10 | €6.39M | €8.02M | - | - | - | - |
| Profit (loss) carried forward14 | €-31.26M | €-33.12M | €-34.10M | €-35.17M | €-36.91M | ▼ 5.0% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0 | - | - | - | - | - |
| Environmental obligations163 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €1.70M | €1.16M | €1.97M | €892k | €785k | ▼ 12.0% |
| Amounts payable within one year42/48 | €1.70M | €1.16M | €1.97M | €892k | €785k | ▼ 12.0% |
| Trade debts44 | €1.35M | €1.06M | €1.88M | €770k | €515k | ▼ 33.1% |
| Suppliers440/4 | €1.35M | €1.06M | €1.88M | €770k | €515k | ▼ 33.1% |
| Taxes, remuneration and social security45 | €354k | €104k | €85k | €122k | €270k | ▲ 122% |
| Taxes450/3 | €261k | €32k | €15k | €67k | €168k | ▲ 148% |
| Remuneration and social security454/9 | €93k | €72k | €71k | €54k | €102k | ▲ 89.3% |
| Accrued charges and deferred income492/3 | €350 | €182 | €182 | €182 | €182 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.82M | €-1.86M | €-978k | €-1.07M | €-1.75M | ▼ 63.7% |
| + Depreciation and write-downs630 | €4k | €3k | €2k | €4k | €10k | ▲ 156% |
| Operating cash flow (approximation) | €-1.82M | €-1.86M | €-977k | €-1.06M | €-1.74M | ▼ 63.4% |
| Investment in fixed assets (approximation) | - | €-1.14M | €-877k | €-3.12M | €-6.98M | ▼ 124% |
| Change in cash | - | €-2.80M | €-808k | €-751k | €52k | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 33 days late
25-02
State Gazette act
Reappointments: Eric Mercenier, Raphaël Jehotte and 5 othersGovernment decision9 facts ▸
State Gazette act
Reappointments: Eric Mercenier, Raphaël Jehotte and 5 others
Government decision9 facts ▸
- General meeting, 24-10-2025
- Director reappointment, Eric Mercenier (administrateur de la classe a)
- Director reappointment, Raphaël Jehotte (administrateur de la classe a)
- Director reappointment, Ischa Lambrechts (administrateur de la classe a)
- Director reappointment, Bernard Richelle (administrateur de la classe a)
- Director reappointment, Roald Aerden (administrateur de la classe a)
- Director reappointment, Anton Houthuys (administrateur de la classe a)
- Director reappointment, Lieven baro (administrateur de la classe a)
- Government decision, décision du conseil des ministres du 28 août 2025 de prolonger les mandats des administrateurs de la classe A existants
2025
05-11
State Gazette act
Resignations: Mazars Réviseurs d'Entreprises SRL (commissaire aux comptes) and Andrasj Ghyselen (director)Appointments: Forvis Mazars Réviseurs d'Entreprises SRL, Lieven Baro and 6 others · Permanent representative: Koen Potters · Reappointment: Philippe Close (director)15 facts ▸
State Gazette act
Resignations: Mazars Réviseurs d'Entreprises SRL (commissaire aux comptes) and Andrasj Ghyselen (director)
Appointments: Forvis Mazars Réviseurs d'Entreprises SRL, Lieven Baro and 6 others · Permanent representative: Koen Potters · Reappointment: Philippe Close (director)15 facts ▸
- General meeting, 10-02-2025
- Director resignation, Mazars Réviseurs d'Entreprises SRL (commissaire aux comptes)
- Auditor appointment, Forvis Mazars Réviseurs d'Entreprises SRL (commissaire aux comptes)
- Permanent representative, Koen Potters
- General meeting, 27-06-2025
- Director appointment, Lieven Baro (administrateur coopté (classe a))
- Director resignation, Andrasj Ghyselen (director)
- Director appointment, Gilles Delforge (director)
- Director appointment, Sofie Bullynck (director)
- Director appointment, Benjamin Cadranel (director)
- Director appointment, Frederic Masil (director)
- Director appointment, Alexandre Barnstijn (director)
- +3 further facts in this act
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
19-03
State Gazette act
Capital & sharesShare issue · Bank account · Capital7 facts ▸
State Gazette act
Capital & shares
Share issue · Bank account · Capital7 facts ▸
- General meeting, 20-02-2025
- Share issue, D, 850
- Bank account, Belfius, BE26 0910 2303 7529
- Capital
- Statutes amendment
- Preemption waiver, Unanieme afstand van het voorkeurrecht van de bestaande aandeelhouders overeenkomstig artikel 5:130, §2 WVV in voordeel van de Stad Brussel
- Shareholding
2024
31-12
Financial
Liquidity doublescurrent ratio 99.76
Current ratio from 43.65 to 99.76; short-term debt falls from €1.97M to €892k.
31-12
Financial
Equity above €100MEq €103.93M ▲7.6%
Equity rises from €96.62M to €103.93M.
30-10
State Gazette act
Resignations: Cindy Devacht (director) and Kevin Opdecam (director)Appointments: Anton Houthuys (director) and Cédric Delanghe (director)5 facts ▸
State Gazette act
Resignations: Cindy Devacht (director) and Kevin Opdecam (director)
Appointments: Anton Houthuys (director) and Cédric Delanghe (director)5 facts ▸
- General meeting, 28-06-2024
- Director resignation, Cindy Devacht (director)
- Director appointment, Anton Houthuys (director)
- Director resignation, Kevin Opdecam (director)
- Director appointment, Cédric Delanghe (director)
10-09
State Gazette act
Statutes amendmentMandate compensation · Board composition · Share transfer restriction8 facts ▸
State Gazette act
Statutes amendment
Mandate compensation · Board composition · Share transfer restriction8 facts ▸
- General meeting, 18-07-2024
- Statutes amendment
- Mandate compensation, NEO
- Board composition, 14 bestuurders (7 A-Bestuurders en 7 B-Bestuurders), benoemd voor 5 jaar, herbenoembaar, ontslagbaar te allen tijde zonder opzegtermijn of vergoeding
- Share transfer restriction, Klasse A: strikt onoverdraagbaar, zelfs tussen Aandeelhouders
- Share transfer restriction, Klasse B: enkel overdraagbaar aan vennootschappen, entiteiten of publiekrechtelijke rechtspersonen waarover de Stad Brussel rechtstreeks of onrechtstreeks Contr…
- Share transfer restriction, Klasse C gehouden door Klasse A: strikt onoverdraagbaar; Klasse C gehouden door Klasse B: enkel overdraagbaar aan Brussel-gecontroleerde entiteiten, op voorwaar…
- Voting rights, Klasse A en Klasse B: elk één stem, gelijk verdeeld tussen Klasse A en Klasse B; Klasse C: geen stemrecht, alleen adviserende stem
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Show earlier events
24-01
State Gazette act
Statutes amendment · Legal-form changeLegal-form conversion · Share issue · Capital allocation5 facts ▸
State Gazette act
Statutes amendment · Legal-form change
Legal-form conversion · Share issue · Capital allocation5 facts ▸
- General meeting, 27-12-2023
- Legal-form conversion, Société coopérative à responsabilité limitée -> Société à responsabilité limitée
- Share issue, C, 66202
- Statutes amendment
- Capital allocation, Affectation du capital libéré et de la réserve légale à un compte de capitaux propres statutairement indisponible; affectation des éventuels versements futurs d…
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
16-02
State Gazette act
Appointment: Mazars Réviseurs d'Entreprises SCRL (commissaire aux comptes)Permanent representative: Koen Potters3 facts ▸
State Gazette act
Appointment: Mazars Réviseurs d'Entreprises SCRL (commissaire aux comptes)
Permanent representative: Koen Potters3 facts ▸
- General meeting, 11-01-2022
- Auditor appointment, Mazars Réviseurs d'Entreprises SCRL (commissaire aux comptes)
- Permanent representative, Koen Potters
2021
29-07
State Gazette act
Resignations: Henri DINEUR, Christian CEUX and 5 othersAppointments: Sophie BULLYNCK, Alexandre DERMINE and 4 others28 facts ▸
State Gazette act
Resignations: Henri DINEUR, Christian CEUX and 5 others
Appointments: Sophie BULLYNCK, Alexandre DERMINE and 4 others28 facts ▸
- General meeting, 08-06-2021
- Director resignation, Henri DINEUR (administrateur de classe b)
- Director resignation, Henri DINEUR (daily management delegate)
- Director appointment, Sophie BULLYNCK (administrateur de classe b)
- Director appointment, Alexandre DERMINE (administrateur de classe b)
- Director appointment, Géry LELOUTRE (administrateur de classe b)
- Director appointment, Kevin OPDECAM (administrateur de classe b)
- Director appointment, Philippe CLOSE (administrateur de classe b)
- Director appointment, Henri DINEUR (administrateur de classe b)
- Director resignation, Christian CEUX (administrateur de classe a)
- Director resignation, Kristof DE MESMAEKER (administrateur de classe a)
- Director resignation, Jean-Louis PETERS (administrateur de classe a)
- +16 further facts in this act
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
12-05
State Gazette act
Appointment: Thomas Simon (daily management delegate)Director resignation · Power of attorney4 facts ▸
State Gazette act
Appointment: Thomas Simon (daily management delegate)
Director resignation · Power of attorney4 facts ▸
- Board meeting, 02-02-2021
- Director resignation, administrateur délégué, administrateur, délégué à la gestion journalière
- Director appointment, Thomas Simon (daily management delegate)
- Power of attorney
09-03
State Gazette act
Resignations: Yves Goldstein, Stéphane Nicolas and 7 othersAppointments: Raphaël Jehotte, Christian Ceux and 13 others · Reappointments: Christian Ceux, Raphaël Jehotte and 2 others37 facts ▸
State Gazette act
Resignations: Yves Goldstein, Stéphane Nicolas and 7 others
Appointments: Raphaël Jehotte, Christian Ceux and 13 others · Reappointments: Christian Ceux, Raphaël Jehotte and 2 others37 facts ▸
- Board meeting, 23-01-2019
- Director resignation, Yves Goldstein (administrateur de la classe a)
- Director resignation, Stéphane Nicolas (administrateur de la classe a)
- Director appointment, Raphaël Jehotte (administrateur de la classe a)
- Director appointment, Christian Ceux (administrateur de la classe a)
- Director appointment, Raphaël Jehotte (chair of the board)
- Board meeting, 28-05-2019
- Director resignation, Vanessa Issi (administratrice de la classe b)
- Director appointment, Donatienne Wahl (administratrice de la classe b)
- General meeting, 04-06-2019
- Director reappointment, Christian Ceux (administrateur de la classe a)
- Director reappointment, Raphaël Jehotte (administrateur de la classe a)
- +25 further facts in this act
2020
31-12
Financial
Weakest financial yearnet €-5.18M
Net result drops to €-5.18M, the lowest in the series; recovery starts the following year.
06-11
State Gazette act
Appointment: THOMAS SIMON (day-to-day manager)Mandate compensation · Power of attorney · Mandate limit5 facts ▸
State Gazette act
Appointment: THOMAS SIMON (day-to-day manager)
Mandate compensation · Power of attorney · Mandate limit5 facts ▸
- Board meeting, 11-09-2020
- Director appointment, THOMAS SIMON (day-to-day manager)
- Mandate compensation, THOMAS SIMON
- Power of attorney, Stibbe SCRL
- Mandate limit, 50000 EUR
2019
04-03
State Gazette act
Reappointment: Koen Potters (commissaire aux comptes)3 facts ▸
State Gazette act
Reappointment: Koen Potters (commissaire aux comptes)
3 facts ▸
- General meeting, 23-11-2018
- Board meeting, 05-10-2018
- Auditor reappointment, Koen Potters (commissaire aux comptes)
03-01
State Gazette act
Reappointment: Koen Potters (statutory auditor)3 facts ▸
State Gazette act
Reappointment: Koen Potters (statutory auditor)
3 facts ▸
- General meeting, 23-11-2018
- Board meeting, 05-10-2018
- Auditor reappointment, Koen Potters
2018
24-05
State Gazette act
Resignations: Stefan Cornelis (class A director) and Dirk De Smedt (class B director)Appointments: Frank Lelon, Frédéric Masil and Koen Potters · Power of attorney10 facts ▸
State Gazette act
Resignations: Stefan Cornelis (class A director) and Dirk De Smedt (class B director)
Appointments: Frank Lelon, Frédéric Masil and Koen Potters · Power of attorney10 facts ▸
- General meeting, 08-03-2018
- Director resignation, Stefan Cornelis (class A director)
- Director appointment, Frank Lelon (class A director)
- Board meeting, 10-11-2017
- Director resignation, Dirk De Smedt (class B director)
- Director appointment, Frédéric Masil (class B director)
- Auditor appointment, Koen Potters (statutory auditor)
- Power of attorney, Déborah FISCHER
- Power of attorney, Damienne DEVAUX
- Power of attorney, Hilde Van der Donck
2017
16-08
State Gazette act
Resignation: Cornelis Stefan (class A director)1 fact ▸
State Gazette act
Resignation: Cornelis Stefan (class A director)
1 fact ▸
- Director resignation, Cornelis Stefan (class A director)
2016
31-08
State Gazette act
Reappointments: NICOLAS Stéphane Philippe, DE MESMAEKER Kristof and 12 others15 facts ▸
State Gazette act
Reappointments: NICOLAS Stéphane Philippe, DE MESMAEKER Kristof and 12 others
15 facts ▸
- General meeting, 28-06-2016
- Director reappointment, NICOLAS Stéphane Philippe (director)
- Director reappointment, DE MESMAEKER Kristof (director)
- Director reappointment, PETERS Jean-Louis (director)
- Director reappointment, CORNELIS Stefan (director)
- Director reappointment, GUENNED Abbes (director)
- Director reappointment, GOLDSTEIN Yves (director)
- Director reappointment, JANSSENS Lef (director)
- Director reappointment, DINEUR Henri (director)
- Director reappointment, CLOSE Philippe (director)
- Director reappointment, DELFORGE Denis (director)
- Director reappointment, PERSOONS Ans (director)
- +3 further facts in this act
15-03
State Gazette act
Appointments: Mazars Réviseurs d'Entreprises SCRL, Ief Janssens and Denis Delforge4 facts ▸
State Gazette act
Appointments: Mazars Réviseurs d'Entreprises SCRL, Ief Janssens and Denis Delforge
4 facts ▸
- General meeting, 25-02-2016
- Auditor appointment, Mazars Réviseurs d'Entreprises SCRL (commissaire aux comptes)
- Director appointment, Ief Janssens (class A director)
- Director appointment, Denis Delforge (class B director)
26-01
State Gazette act
Resignations: Uktu Erdinc, Gilles Delforge and 3 othersAppointments: lef Janssens, Denis Delforge and 7 others · Mandate compensation · Power of attorney21 facts ▸
State Gazette act
Resignations: Uktu Erdinc, Gilles Delforge and 3 others
Appointments: lef Janssens, Denis Delforge and 7 others · Mandate compensation · Power of attorney21 facts ▸
- Board meeting, 19-10-2015
- Director resignation, Uktu Erdinc (class A director)
- Director resignation, Gilles Delforge (class B director)
- Director appointment, lef Janssens (class A director)
- Director appointment, Denis Delforge (class B director)
- General meeting, 27-03-2015
- Director resignation, Geert Vandenabeele (class A director)
- Director resignation, Merlijn Erbuer (class A director)
- Director resignation, Antoine Crahay (class A director)
- Director appointment, Uktu Erding (director)
- Director appointment, Kristof De Mesmaeker (director)
- Director appointment, Jean-Louis Peters (director)
- +9 further facts in this act
2015
23-03
State Gazette act
RestructuringMerger · Dissolution · Accounting effect3 facts ▸
State Gazette act
Restructuring
Merger · Dissolution · Accounting effect3 facts ▸
- Merger, operation assimilée à fusion, simplifiée
- Dissolution, sans liquidation
- Accounting effect, 31-12-2014
2014
31-12
State Gazette act
RestructuringMerger · Accounting effect · Share acquisition6 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Share acquisition6 facts ▸
- Merger, fusion simplifiée par absorption, comptes annuels arrêtés au 31 décembre 2013
- Accounting effect, 31-12-2014
- Share acquisition, 08-10-2014
- Merger approval, 30-01-2015
- Accounting statement, 31-10-2014
- Cost allocation, Tous les frais, coûts et honoraires relatifs à l'opération de fusion seront supportés par la société absorbante.
27-05
State Gazette act
IncorporationAppointments: NICOLAS Stéphane Philippe M., VANDENABEELE Geert Peter Altbertina and 14 others · Founding capital · Bank account23 facts ▸
State Gazette act
Incorporation
Appointments: NICOLAS Stéphane Philippe M., VANDENABEELE Geert Peter Altbertina and 14 others · Founding capital · Bank account23 facts ▸
- Incorporation, 08-05-2014
- Founding capital, €64.000.000
- Bank account, BELFIUS BANQUE, BE59 0910 1986 5326
- General meeting, 07-06-2016
- Director appointment, NICOLAS Stéphane Philippe M. (class A director)
- Director appointment, VANDENABEELE Geert Peter Altbertina (class A director)
- Director appointment, CORNELIS Stefan (class A director)
- Director appointment, ERBUER Merlijn (class A director)
- Director appointment, CRAHAY Antoine Jean Albert (class A director)
- Director appointment, GUENNED Abbes (class A director)
- Director appointment, GOLDSTEIN Yves (class A director)
- Director appointment, DINEUR Henri (class B director)
- +11 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
23 of 23 acts read
Directors · office · real estate
Directors
27 directors, no change since 2025
Lieven Baro
CurrentAdministrateur coopté (classe a) · since 23-04-2025
Alexandre BARNSTIJN
CurrentDirector · since 10-02-2025
Benjamin Cadranel
CurrentDirector · since 10-02-2025
DELFORGE Gilles
CurrentDirector · since 10-02-2025
ISSI Vanessa
CurrentDirector · since 10-02-2025
Sofie Bullynck
CurrentDirector · since 10-02-2025
21 other directors
Cédric Delanghe
CurrentDirector · since 16-04-2024
Anton Houthuys
CurrentDirector · since 19-12-2023
Bernard Richelle
CurrentAdministrateur de la classe a · since 02-06-2020
Eric Mercenier
CurrentAdministrateur de la classe a · since 02-06-2020
Ischa Lambrechts
CurrentAdministrateur de la classe a · since 02-06-2020
Roald Aerden
CurrentAdministrateur de la classe a · since 02-06-2020
CLOSE Philippe
CurrentAdministrateur b représentant peb · since 11-12-2019
Alexandre DERMINE
CurrentAdministrateur de classe b · since 25-10-2019
Géry Leloutre
CurrentAdministrateur de la classe b · since 25-10-2019
Sophie Bullynck
CurrentAdministrateur de la classe b · since 25-10-2019
Donatienne Wahl
CurrentAdministratrice de la classe b · since 04-06-2019
Raphaël Jehotte
CurrentAdministrateur de la classe a · since 23-01-2019
Frederic Masil
CurrentDirector · since 10-11-2017
Thomas Simon
CurrentDaily management delegate · since 13-06-2014
NICOLAS Stéphane Philippe
Not recently confirmedDirector
Ief Janssens
Not recently confirmedClass A director · since 13-10-2015
Uktu Erding
Not recently confirmedDirector · since 06-11-2014
DE SMEDT Dirk Raymond Maria
Not recently confirmedClass B director · since 08-05-2014
NICOLAS Stéphane Philippe M.
Not recently confirmedClass A director · since 08-05-2014
REINHARD Tom Gustav Hugo Frans
Not recently confirmedCommissaire du gouvernement · since 08-05-2014
WAKNINE Bety
Not recently confirmedCommissaire du gouvernement · since 08-05-2014
23-04-2025
Lieven Baro: Appointed as Administrateur coopté (classe a)
10-02-2025
Alexandre BARNSTIJN: Appointed as Director
10-02-2025
Benjamin Cadranel: Appointed as Director
10-02-2025
DELFORGE Gilles: Appointed as Director
10-02-2025
ISSI Vanessa: Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2014
Ground area
19.8 ha
Building footprint
14.8 ha
Volume, LiDAR
2,150,460 m³
Parcel 21818A0031/00F002, Brussels · tallest building 42.8 m, ±5 floors. Linked by address, not a title deed.
29
companies at this address
See who is registered here
1 establishment unit
Neo
since 20142.254.599.605
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0031/00F002 | Brussels | 19.8 ha | 1 · 14.8 ha | 42.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| FORVIS MAZARS REVISEURS D'ENTREPRISES SRLCurrent Commissaire aux comptes · represented by Koen Potters | 10-02-2025 → present |
Show 2 earlier auditors
| Koen Potters Auditor succeeded by FORVIS MAZARS REVISEURS D'ENTREPRISES SRL in 2025 | 01-03-2018 → 10-02-2025 |
| SCRL Mazars Réviseurs d'entreprises Commissaire aux comptes · represented by Koen Potters succeeded by Koen Potters in 2018 | 25-02-2016 → 01-03-2018 |
Articles of association
Duration
Unlimited
Purpose
De vennootschap heeft tot voorwerp om, in het kader van het algemeen belang, elke activiteit uit te oefenen die direct of indirect verband houdt met de reorganisatie van het…
Full purpose
De vennootschap heeft tot voorwerp om, in het kader van het algemeen belang, elke activiteit uit te oefenen die direct of indirect verband houdt met de reorganisatie van het Heizelplateau en het daaropvolgend operationeel beheer daarvan.
Structure & network
Connections & network
30 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
via Alexandre DERMINE · Director
→
via Alexandre BARNSTIJN · Chair of the board
→
via Alexandre DERMINE · Director
→
via Alexandre DERMINE · Director
→
Show 26 more companies with a shared director
via CLOSE Philippe · Director
→
via CLOSE Philippe, DELFORGE Gilles and 2 others · Director
→
via CLOSE Philippe · Independent director
→
via CLOSE Philippe · Director
→
via ISSI Vanessa · Director
→
via CLOSE Philippe · Director
→
via CLOSE Philippe · Director
former→
via CLOSE Philippe · Director
former→
via CLOSE Philippe · Membre de l'assemblée générale et membre du conseil d'administration
former→
via Thomas Simon · Director
former→
via CLOSE Philippe · Président, administrateur
former→
via Raphaël Jehotte · Director
former→
via CLOSE Philippe · Director
former→
Shared director
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Shared director
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Shared director
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Shared director
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Acquisitions and mergers
1 transactionTook over:EXHIBITION AND CONGRESS SERVICES
Capital and shareholders
Shareholders according to the acts
At incorporation
act of 27-05-2014 ↗
- REGION DE BRUXELLES-CAPITALE 32,000 shares (50%)
- VILLE DE BRUXELLES 31,996 shares (50%)
- LE PARC DES EXPOSITIONS DE BRUXELLES (BE 0406.655.573) 4 shares (0%)
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 19-03-2025 Capital increase of 850,000 EUR · in cash
- 27-05-2014 Incorporation · 64,000,000 EUR · 64,000 shares
Similar companies · same sector, comparable size
DE BONTE NEW GENERATION
BE 0543.336.788
Waasmunster · Eq €109.02M
ALIDES PROPERTIES
BE 0415.188.902
Gent · Eq €108.28M
NOSHAQ IMMO
BE 0428.590.738
Liège · Eq €118.87M
FINGAREN
BE 0464.852.011
Brussel · Eq €104.32M
PATRIDEC
BE 0432.317.221
Sint-Martens-Latem · Eq €101.96M
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.