SOUTH CITY OFFICE FONSNY

Active

Public limited companyfounded 200520 yrs activeTervurenlaan 242, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0877.155.855

Summary

SOUTH CITY OFFICE FONSNY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.43M and a net result of €1.37M. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysis Watch Report Compare

SOUTH CITY OFFICE FONSNYActiveChecked score 77/100

Risk analysis Report Compare

Checked score

Score 2025

77 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability73▲+1

Solvency83▲+1

Growth58=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.95M at 30 days acceptable

Liquidity short (current ratio 0.5 against 30.45 in 2024; short-term debt: 32.1% and cash: 15.4% of total assets), and 41.8% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

58.2%

Return on assets

3.1%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €25.43M

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

86 d early

2024

28 d early

2023

21 d early

2022

28 d early

2021

47 d early

2020

60 d early

2019

81 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€1.37M▲ 8.8%

2024 · €1.26M

2019: €708klowest in 7 years 2020: €859k▲ +21.4% vs 2019 2021: €943k▲ +9.9% vs 2020 2022: €955k▲ +1.2% vs 2021 2023: €1.24M▲ +29.3% vs 2022 2024: €1.26M▲ +2.0% vs 2023 2025: €1.37M▲ +8.8% vs 2024highest in 7 years

2019 → 2025

Working capital

€-7.05M

2024 · €4.50M

2019: €6.62Mhighest in 7 years 2020: €3.18M▼ -52.0% vs 2019 2021: €3.24M▲ +2.1% vs 2020 2022: €3.32M▲ +2.3% vs 2021 2023: €2.29M▼ -31.2% vs 2022 2024: €4.50M▲ +96.9% vs 2023 2025: €-7.05M▼ -257% vs 2024lowest in 7 years

2019 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€25.64M-€24.74M▼ 3.5%€22.80M▼ 7.8%€24.06M▲ 5.5%€25.43M▲ 5.7% 2021: €25.64Mhighest in 5 years 2022: €24.74M▼ -3.5% vs 2021 2023: €22.80M▼ -7.8% vs 2022lowest in 5 years 2024: €24.06M▲ +5.5% vs 2023 2025: €25.43M▲ +5.7% vs 2024

Operating result€1.59M-€1.74M▲ 9.5%€2.07M▲ 18.7%€2.07M▲ 0.2%€2.22M▲ 7.1% 2021: €1.59Mlowest in 5 years 2022: €1.74M▲ +9.5% vs 2021 2023: €2.07M▲ +18.7% vs 2022 2024: €2.07M▲ +0.2% vs 2023 2025: €2.22M▲ +7.1% vs 2024highest in 5 years

Net result€943k-€955k▲ 1.2%€1.24M▲ 29.3%€1.26M▲ 2.0%€1.37M▲ 8.8% 2021: €943klowest in 5 years 2022: €955k▲ +1.2% vs 2021 2023: €1.24M▲ +29.3% vs 2022 2024: €1.26M▲ +2.0% vs 2023 2025: €1.37M▲ +8.8% vs 2024highest in 5 years

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €43.71M

84.0%

16.0%

Fixed assets €36.70M ▼ 2.5%

Current assets €7.00M ▲ 50.5%

Equity and liabilities €43.71M

58.2%

41.8%

Equity €25.43M ▲ 5.7%

Debt €18.27M ▲ 0.1%

Debt's share of the balance-sheet total falls from 43.1% to 41.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€3.18M▲

2024 · €3.03M

Cash flow

€2.33M▲

2024 · €2.22M

Current ratio

0.50▼

2024 · 30.45

Debt to equity

0.72▼

2024 · 0.76

ROE

5.4%▲

2024 · 5.2%

ROA

3.1%▲

2024 · 3.0%

Interest coverage

11.76▲

2024 · 11.17

Debt ≤ 1 year

€14.05M▲

2024 · €153k

Debt > 1 year

€3.23M▼

2024 · €17.13M

Income taxes

€578k▲

2024 · €540k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Balance sheet Code20242025

Assets

Total assets20/58€42.31M€43.71M▲

Fixed assets21/28€37.66M€36.70M▼

Tangible fixed assets22/27€37.66M€36.70M▼

Land and buildings22€37.65M€36.70M▼

Assets under construction and advance payments27€8k-

Current assets29/58€4.65M€7.00M▲

Amounts receivable within one year40/41€60k€278k▲

Trade receivables40€25k€20k▼

Other amounts receivable41€35k€258k▲

Cash at bank and in hand54/58€4.59M€6.72M▲

Equity and liabilities

Total equity and liabilities10/49€42.31M€43.71M▲

Equity10/15€24.06M€25.43M▲

Contributions10/11€8.05M€8.05M=

Capital10€3.81M€3.81M=

Issued capital100€3.81M€3.81M=

Outside capital11€4.23M€4.23M=

Share premium1100/10€4.23M€4.23M=

Revaluation surpluses12€12.65M€12.43M▼

Reserves13€2.17M€2.45M▲

Non-distributable reserves130/1€273k€341k▲

Legal reserve130€273k€341k▲

Distributable reserves133€1.89M€2.11M▲

Profit (loss) carried forward14€1.20M€2.50M▲

Amounts payable17/49€18.25M€18.27M▲

Amounts payable after more than one year17€17.13M€3.23M▼

Financial debts170/4€17.13M€3.23M▼

Amounts payable within one year42/48€153k€14.05M▲

Current portion of amounts payable after more than one year42-€13.90M

Trade debts44€139k€135k▼

Suppliers440/4€139k€135k▼

Taxes, remuneration and social security45€370-

Taxes450/3€370-

Other amounts payable47/48€13k€13k=

Accrued charges and deferred income492/3€972k€999k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€961k€964k▲

Other operating charges640/8€812k€838k▲

Gross operating margin9900€3.84M€4.02M▲

Operating profit (loss)9901€2.07M€2.22M▲

Financial charges65/66B€271k€271k▼

Recurring financial charges65€271k€271k▼

Profit (loss) for the period before taxes9903€1.80M€1.95M▲

Income taxes67/77€540k€578k▲

Profit (loss) for the period9904€1.26M€1.37M▲

Profit (loss) for the period to be appropriated9905€1.26M€1.37M▲

Appropriation of the result

Profit (loss) to be appropriated9906€1.26M€2.57M▲

Profit (loss) brought forward from the previous period14P-€1.20M

Transfer to equity691/2€63k€69k▲

To the legal reserve6920€63k€69k▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	€2k	-	€5k	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€947k	€950k	€957k	€961k	€964k	▲ 0.3%
Other operating charges640/8	€646k	€665k	€785k	€812k	€838k	▲ 3.1%
Gross operating margin9900	€3.18M	€3.36M	€3.81M	€3.84M	€4.02M	▲ 4.6%
Operating profit (loss)9901	€1.59M	€1.74M	€2.07M	€2.07M	€2.22M	▲ 7.1%
Financial income75/76B	€0	-	€0	-	-	-
Recurring financial income75	€0	-	€0	-	-	-
Financial charges65/66B	€291k	€280k	€270k	€271k	€271k	▼ 0.3%
Recurring financial charges65	€291k	€280k	€270k	€271k	€271k	▼ 0.3%
Profit (loss) for the period before taxes9903	€1.30M	€1.46M	€1.80M	€1.80M	€1.95M	▲ 8.3%
Income taxes67/77	€354k	€505k	€561k	€540k	€578k	▲ 7.1%
Profit (loss) for the period9904	€943k	€955k	€1.24M	€1.26M	€1.37M	▲ 8.8%
Profit (loss) for the period to be appropriated9905	€943k	€955k	€1.24M	€1.26M	€1.37M	▲ 8.8%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€44.74M	€43.99M	€42.38M	€42.31M	€43.71M	▲ 3.3%
Fixed assets21/28	€40.37M	€39.48M	€38.58M	€37.66M	€36.70M	▼ 2.5%
Tangible fixed assets22/27	€40.37M	€39.48M	€38.58M	€37.66M	€36.70M	▼ 2.5%
Land and buildings22	€40.37M	€39.48M	€38.58M	€37.65M	€36.70M	▼ 2.5%
Assets under construction and advance payments27	-	-	€8k	€8k	-	-
Current assets29/58	€4.38M	€4.51M	€3.80M	€4.65M	€7.00M	▲ 50.5%
Amounts receivable within one year40/41	€248k	€170k	€77k	€60k	€278k	▲ 363%
Trade receivables40	€248k	€118k	€57k	€25k	€20k	▼ 19.0%
Other amounts receivable41	-	€52k	€20k	€35k	€258k	▲ 636%
Cash at bank and in hand54/58	€4.13M	€4.34M	€3.72M	€4.59M	€6.72M	▲ 46.4%
Deferred charges and accrued income490/1	-	-	€1k	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€44.74M	€43.99M	€42.38M	€42.31M	€43.71M	▲ 3.3%
Equity10/15	€25.64M	€24.74M	€22.80M	€24.06M	€25.43M	▲ 5.7%
Contributions10/11	€10.99M	€10.05M	€8.05M	€8.05M	€8.05M	=
Capital10	€3.81M	€3.81M	€3.81M	€3.81M	€3.81M	=
Issued capital100	€3.81M	€3.81M	€3.81M	€3.81M	€3.81M	=
Outside capital11	€7.17M	€6.23M	€4.23M	€4.23M	€4.23M	=
Share premium1100/10	€7.17M	€6.23M	€4.23M	€4.23M	€4.23M	=
Revaluation surpluses12	€13.30M	€13.09M	€12.87M	€12.65M	€12.43M	▼ 1.7%
Reserves13	€1.34M	€1.61M	€1.89M	€2.17M	€2.45M	▲ 13.2%
Non-distributable reserves130/1	€100k	€148k	€210k	€273k	€341k	▲ 25.1%
Legal reserve130	€100k	€148k	€210k	€273k	€341k	▲ 25.1%
Distributable reserves133	€1.24M	€1.46M	€1.68M	€1.89M	€2.11M	▲ 11.5%
Profit (loss) carried forward14	€3k	€289	-	€1.20M	€2.50M	▲ 109%
Amounts payable17/49	€19.11M	€19.25M	€19.58M	€18.25M	€18.27M	▲ 0.1%
Amounts payable after more than one year17	€17.13M	€17.13M	€17.13M	€17.13M	€3.23M	▼ 81.2%
Financial debts170/4	€17.13M	€17.13M	€17.13M	€17.13M	€3.23M	▼ 81.2%
Amounts payable within one year42/48	€1.13M	€1.19M	€1.51M	€153k	€14.05M	▲ 9,095%
Current portion of amounts payable after more than one year42	-	-	-	-	€13.90M	-
Trade debts44	€135k	€153k	€121k	€139k	€135k	▼ 3.3%
Suppliers440/4	€135k	€153k	€121k	€139k	€135k	▼ 3.3%
Taxes, remuneration and social security45	€144k	€118k	€211k	€370	-	-
Taxes450/3	€144k	€118k	€211k	€370	-	-
Other amounts payable47/48	€855k	€915k	€1.18M	€13k	€13k	=
Accrued charges and deferred income492/3	€848k	€932k	€940k	€972k	€999k	▲ 2.7%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€943k	€955k	€1.24M	€1.26M	€1.37M	▲ 8.8%
+ Depreciation and write-downs630	€947k	€950k	€957k	€961k	€964k	▲ 0.3%
Operating cash flow (approximation)	€1.89M	€1.91M	€2.19M	€2.22M	€2.33M	▲ 5.1%
Investment in fixed assets (approximation)	-	€-64k	€-62k	€-39k	€-6k	▲ 85.0%
Change in cash	-	€206k	€-619k	€875k	€2.13M	▲ 144%

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

All 50Financial 3Gazette 37Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Highest result since 2019net €1.37M ▲8.8%

Operating result €2.22M, net result €1.37M, both a record.

31-12

Financial Equity above €25MEq €25.43M ▲5.7%

7 profitable years in a row build equity to €25.43M.

20-11

State Gazette act Appointment: RSM INTERAUDIT (statutory auditor)

Permanent representative: Vincent Thyrion3 facts ▸

General meeting, 08/10/2025
Auditor appointment, RSM INTERAUDIT (statutory auditor)
Permanent representative, Vincent Thyrion

19-08

State Gazette act Appointment: Julia Karrasch (director)

Resignation: Tobias PENTENRIEDER (director) · Mandate compensation4 facts ▸

Shareholder decision, 17/06/2025
Director appointment, Julia Karrasch (director)
Mandate compensation, Julia Karrasch
Director resignation, Tobias PENTENRIEDER (director)

03-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Liquidity times 12current ratio 30.45

Current ratio from 2.51 to 30.45; short-term debt falls from €1.51M to €153k.

10-09

State Gazette act Reappointments: Rita JAHREIS, Nuri ÖRNEK and 2 others

Shareholders decision5 facts ▸

Shareholders decision, 27/06/2024
Director reappointment, Rita JAHREIS (director)
Director reappointment, Nuri ÖRNEK (director)
Director reappointment, Tobias PENTENRIEDER (director)
Director reappointment, Jonathan DEBUE (director)

10-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

05-01

State Gazette act Resignations: Wolfgang MUBMÄCHER (director) and Johannes BÜCHLMEIR (director)

Director discharge5 facts ▸

Written resolution, 13/12/2023
Director resignation, Wolfgang MUBMÄCHER (director)
Director resignation, Johannes BÜCHLMEIR (director)
Director discharge, Wolfgang MUBMÄCHER (director)
Director discharge, Johannes BÜCHLMEIR (director)

2023

03-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

25-01

State Gazette act Resignation: Silke WEBER (director)

Director discharge3 facts ▸

General meeting, 15/12/2022
Director resignation, Silke WEBER (director)
Director discharge, Silke WEBER

Show earlier events

2022

19-09

State Gazette act Appointment: Deloitte Reviseurs d'Entreprises (statutory auditor)

Permanent representative: Cédric Bogaerts3 facts ▸

General meeting, 01/06/2022
Auditor appointment, Deloitte Reviseurs d'Entreprises (statutory auditor)
Permanent representative, Cédric Bogaerts (représentant du commissaire)

14-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

16-03

State Gazette act Appointment: Rita JAHREIS (director)

Mandate compensation3 facts ▸

General meeting, 23/02/2022
Director appointment, Rita JAHREIS (director)
Mandate compensation, Rita JAHREIS

03-01

State Gazette act Permanent representatives: Cédric Bogaerts and Kurt Dehoorne

Accounting effect · Mandate term4 facts ▸

Permanent representative, Cédric Bogaerts
Permanent representative, Kurt Dehoorne
Accounting effect, 01/01/2021
Mandate term, jusqu'à l'exercice se clôturant le 31 décembre 2021

2021

13-09

State Gazette act Appointments: Nuri ÖRNEK, Johannes BÜCHLMEIR and Wolfgang MUBMÄCHER

Resignation: Anselm KRIEG (director) · Mandate compensation · Director discharge9 facts ▸

Written resolution, 12/08/2021
Director appointment, Nuri ÖRNEK (director)
Director appointment, Johannes BÜCHLMEIR (director)
Director appointment, Wolfgang MUBMÄCHER (director)
Mandate compensation, Nuri ÖRNEK
Mandate compensation, Johannes BÜCHLMEIR
Mandate compensation, Wolfgang MUBMÄCHER
Director resignation, Anselm KRIEG (director)
Director discharge, Anselm KRIEG

17-08

State Gazette act Appointment: Tobias PENTENRIEDER (director)

Mandate compensation3 facts ▸

General meeting, 23/06/2021
Director appointment, Tobias PENTENRIEDER (director)
Mandate compensation, Tobias PENTENRIEDER

08-06

State Gazette act Miscellaneous

Reserve release · Statutes amendment3 facts ▸

General meeting, 06/05/2021
Reserve release, Réduction de la prime d'émission par remboursement
Statutes amendment

04-06

State Gazette act Permanent representatives: Kurt Dehoorne and Thibaut Devroye

Accounting effect3 facts ▸

Permanent representative, Kurt Dehoorne
Permanent representative, Thibaut Devroye
Accounting effect, 01/01/2021

01-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

21-04

State Gazette act Resignation: Michael LINDEMANN (director)

Director discharge3 facts ▸

General meeting, 29/03/2020
Director resignation, Michael LINDEMANN (director)
Director discharge, Michael LINDEMANN

09-03

State Gazette act Resignation: Julia STAUDINGER (director)

Shareholders meeting · Director discharge3 facts ▸

Shareholders meeting, 30/04/2020
Director resignation, Julia STAUDINGER (director)
Director discharge, Julia STAUDINGER

2020

16-07

State Gazette act Permanent representatives: Thibaut Devroye and Kurt Dehoorne

Accounting effect · Mandate term4 facts ▸

Permanent representative, Thibaut Devroye
Permanent representative, Kurt Dehoorne
Accounting effect, 01/01/2020
Mandate term, jusqu'à l'exercice se clôturant le 31 décembre 2021

26-05

State Gazette act Resignations: Roland Walter BITTNER, Marco Sebastian HÄUBLER and Hallgerd Caroline JÜNGLING

Appointments: Silke WEBER (director) and Julia Barbara STAUDINGER (director) · Director discharge · Mandate compensation11 facts ▸

Written decision, 30/04/2020
Director discharge, Roland Walter BITTNER
Director discharge, Marco Sebastian HÄUBLER
Director discharge, Hallgerd Caroline JÜNGLING
Director resignation, Roland Walter BITTNER
Director resignation, Marco Sebastian HÄUBLER
Director resignation, Hallgerd Caroline JÜNGLING
Director appointment, Silke WEBER (director)
Director appointment, Julia Barbara STAUDINGER (director)
Mandate compensation, Silke WEBER
Mandate compensation, Julia Barbara STAUDINGER

12-05

State Gazette act Statutes amendment

Capital · Reserve release4 facts ▸

General meeting, 3 avril 2020
Statutes amendment
Capital, €3.812.751,52
Reserve release, 8.120.000,00

11-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

29-11

State Gazette act Resignation: Julia KARRASCH (director)

2 facts ▸

General meeting, 08/11/2019
Director resignation, Julia KARRASCH (director)

30-09

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 61 days late

14-08

State Gazette act Appointment: Deloitte Réviseurs d'entreprises/Bedrijfsrevisoren (statutory auditor)

Registered-office move4 facts ▸

Board meeting, 30/07/2019
Registered-office move, avenue de Tervueren 242, 1150 Bruxelles
General meeting, 30/07/2019
Auditor appointment, Deloitte Réviseurs d'entreprises/Bedrijfsrevisoren (statutory auditor)

2018

14-11

State Gazette act Resignation: Tobias STRECKEL (director)

Appointments: Marco Sébastian HÄUßLER, Hallgerd Caroline Katharina Ruth JÜNGLING and Julia KARRASCH · Approval · Mandate compensation14 facts ▸

General meeting, 13 septembre 2018
Approval, comptes annuels pour l'exercice social clôturé le 31 mars 2018
Director resignation, Tobias STRECKEL (director)
Director appointment, Marco Sébastian HÄUßLER (director)
Director appointment, Hallgerd Caroline Katharina Ruth JÜNGLING (director)
Director appointment, Julia KARRASCH (director)
Mandate compensation, Marco Sébastian HÄUßLER
Mandate compensation, Hallgerd Caroline Katharina Ruth JÜNGLING
Mandate compensation, Julia KARRASCH
Capital increase, €100.000
Capital, €3.812.751,52
Statutes amendment
+2 further facts in this act

07-11

State Gazette act Resignations: Patricia Bergmann, Hallgjerd Jüngling and Sascha Langer

Appointments: Michael Lindemann, Anselm Krieg and 2 others8 facts ▸

General meeting, 28/02/2018
Director resignation, Patricia Bergmann (director)
Director resignation, Hallgjerd Jüngling (director)
Director resignation, Sascha Langer (director)
Director appointment, Michael Lindemann (director)
Director appointment, Anselm Krieg (director)
Director appointment, Roland Bittner (director)
Director appointment, Jonathan Debue (director)

17-10

NBB filing Annual accounts filed

fiscal year 2018 · full schema

09-03

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 129 days late

2017

18-04

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 03/04/2017
Registered-office move, Chaussée de la Hulpe 166 à 1170 Bruxelles

2016

28-11

State Gazette act Capital & shares · Purpose

Purpose change · Capital increase · Capital7 facts ▸

General meeting, 27/10/2016
Purpose change, La société a pour objet d'effectuer tant en Belgique qu'à l'étranger, pour son compte, la réalisation de toutes opérations immobilières et, en particulier, le d…
Capital increase, €3.532.140,41
Capital, €3.712.751,52
Statutes amendment
Statutes amendment
Statutes amendment

08-11

State Gazette act Miscellaneous

Approval2 facts ▸

Written resolution, 29/09/2016
Approval, approbation des dispositions d'une conversion de crédit conclue entre la Société et Münchener Hypothekenbank eG

08-11

State Gazette act Appointment: Tobias Streckel (director)

Mandate compensation3 facts ▸

Written resolution, 06/10/2016
Director appointment, Tobias Streckel (director)
Mandate compensation, Tobias Streckel

28-10

State Gazette act Capital & shares

Share transfer · Power of attorney2 facts ▸

Share transfer, Real I.S. Investment GmbH → SOUTH CITY OFFICE FONSNY
Power of attorney, Clifford Chance LLP

28-10

State Gazette act Resignations: Guillaume Struman, Diego Aquilina and 3 others

Appointments: Patricia Bergmann, Hallgerd Jüngling and Sascha Langer · Mandate compensation · Power of attorney18 facts ▸

General meeting, 29/09/2016
Board meeting, 29/09/2016
Director resignation, Guillaume Struman (director)
Director resignation, Diego Aquilina (director)
Director resignation, Patrice Beaupain (director)
Director resignation, Luc Gaspard (director)
Director resignation, Emmanuel Lejeune (director)
Director appointment, Patricia Bergmann (director)
Director appointment, Hallgerd Jüngling (director)
Director appointment, Sascha Langer (director)
Mandate compensation, Patricia Bergmann
Mandate compensation, Hallgerd Jüngling
+6 further facts in this act

14-06

State Gazette act Appointments: Guillaume Struman, PwC Reviseurs d'Entreprises sccrl and 2 others

Resignation: Marc Beyens (director) · Reappointments: Diego Aquilina, Patrice Beaupain and 2 others · Permanent representative: Isabelle Rasmont16 facts ▸

General meeting, 06/04/2016
Director appointment, Guillaume Struman (director)
Director resignation, Marc Beyens (director)
Director reappointment, Diego Aquilina (director)
Director reappointment, Patrice Beaupain (director)
Director reappointment, Luc Gaspard (director)
Director reappointment, Emmanuel Lejeune (director)
Mandate compensation, Diego Aquilina
Mandate compensation, Patrice Beaupain
Mandate compensation, Luc Gaspard
Mandate compensation, Emmanuel Lejeune
Auditor appointment, PwC Reviseurs d'Entreprises sccrl (réviseur d'entreprises)
+4 further facts in this act

2013

25-04

State Gazette act Appointment: PwC Reviseurs d'Entreprises sccri (réviseur d'entreprises)

2 facts ▸

General meeting, 03/04/2013
Auditor appointment, PwC Reviseurs d'Entreprises sccri (réviseur d'entreprises)

07-01

State Gazette act Appointment: Patrice Beaupain (managing director)

Registered-office move · Statutes amendment · Capital6 facts ▸

General meeting, 04/12/2012
Registered-office move, 4000-Liège, place Saint Jacques 11/113
Statutes amendment
Capital, €180.611,11
Director appointment, Patrice Beaupain (managing director)
Authorized capital increase, 5000000, EUR

2010

06-10

State Gazette act Appointments: Diego Aquilina, Patrice Beaupain and PricewaterhouseCoopers

5 facts ▸

Board meeting, 30/06/2010
Director appointment, Diego Aquilina (chair of the board)
Director appointment, Patrice Beaupain (managing director)
General meeting, 01/07/2010
Auditor appointment, PricewaterhouseCoopers (réviseur d'entreprises)

16-07

State Gazette act Resignations: SONNEVILLE Stéphan, D. BENS Sidney and 8 others

Appointments: AQUILINA Diego, BEAUPAIN Patrice and 3 others · Registered-office move · Statutes amendment22 facts ▸

General meeting, 30/06/2010
Registered-office move, 1200 Woluwe-Saint-Lambert, avenue Ariane 5
Statutes amendment
Statutes amendment
Capital, €180.611,11
Director resignation, SONNEVILLE Stéphan (director)
Director resignation, D. BENS Sidney (director)
Director resignation, BUESS Jean-Paul (director)
Director resignation, BRICOUT Philippe (director)
Director resignation, COLLIER Laurent (director)
Director resignation, DELENS Jean-Jacques (director)
Director resignation, DANAUX Paul (director)
+10 further facts in this act

07-07

State Gazette act Assemblee Generale - Annee Comptable

Statutes amendment · Power of attorney8 facts ▸

General meeting, 28/05/2010
Statutes amendment
Power of attorney, Martine Hardy
Power of attorney, Pascale Randaxhe
Power of attorney, Sylvie Conreur
Power of attorney, Hans Vandendael
Power of attorney, Philippe Duquesne
Power of attorney, Louis-Philippe Marcelis

02-07

State Gazette act Resignations: Etienne Dewulf (director) and Albert De Pauw (director)

Appointments: Paul Danaux (director) and Sidney D. Bens (director)5 facts ▸

Board meeting, 07/06/2010
Director resignation, Etienne Dewulf (director)
Director appointment, Paul Danaux (director)
Director resignation, Albert De Pauw (director)
Director appointment, Sidney D. Bens (director)

04-05

State Gazette act Capital & shares · Statutes amendment · Resignations & appointments · Restructuring

Demerger · Accounting effect · Capital decrease8 facts ▸

General meeting, 01/04/2010
Demerger, Scission partielle par constitution d'une société anonyme nouvelle
Accounting effect, 01/01/2010
Capital decrease, €12.870.388,89
Capital, €180.611,11
Share issue, attribuées aux actionnaires de la société à scinder, 210.500
Name change, SOUTH CITY OFFICE FONSNY
Power of attorney, Hans Vandendael

18-01

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital · Power of attorney7 facts ▸

General meeting, 30/12/2009
Capital increase, €12.989.000
Capital, €13.051.000
Statutes amendment
Power of attorney, SOUTH CITY OFFICE
Power of attorney, SOUTH CITY OFFICE
Power of attorney, Louis-Philippe Marcelis

2009

31-12

State Gazette act Miscellaneous

Demerger1 fact ▸

Demerger, scission partielle par constitution d'une nouvelle société

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

37 of 37 acts read

Directors · office · real estate

Directors

8 directors, no change since 2025

Julia KARRASCH

Director · since 01-08-2025

Current

Rita JAHREIS

Director · since 15-03-2022

Current

Nuri ÖRNEK

Director · since 15-08-2021

Current

Jonathan DEBUE

Director · since 28-02-2018

Current

Julia Barbara STAUDINGER

Director · since 30-04-2020

Not recently confirmed

Marco Sébastian HÄUßLER

Director · since 13-09-2018

Not recently confirmed

2 other directors

Roland Bittner

Director · since 28-02-2018

Not recently confirmed

BEYENS Marc

Director · since 30-06-2010

Not recently confirmed

01-08-2025 Julia KARRASCH: Appointed as Director

01-08-2025 Tobias PENTENRIEDER: Resigned as Director

28-02-2024 Jonathan DEBUE: Mandate renewed as Director

01-01-2024 Johannes BÜCHLMEIR: Resigned as Director

01-01-2024 Wolfgang MUBMÄCHER: Resigned as Director

Full history in the Timeline (72 changes) →

Location & real-estate footprint

Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2006

seat establishment The establishment unit on the map

Ground area

3.3 ha

Building footprint

7,652 m²

Volume, LiDAR

133,613 m³

2 parcels, Brussels · tallest building 29.4 m, ±9 floors. Linked by address, not a title deed.

23 companies at this address See who is registered here

1 establishment unit

SOUTH CITY OFFICE

Terhulpsesteenweg 166, 1170 Watermaal-BosvoordeNACE 7012001

since 20062.151.038.148

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21652E0030/00D002 ProtectedMonumentGlaverbelSource ↗	Brussels	3.2 ha	1 · 7,322 m²	21.0 m · 6 fl.
21019A0199/02B002	Brussels	984 m²	1 · 330 m²	29.4 m · 9 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Statutory auditor

1 auditor

RSM INTERAUDITCurrent

Statutory auditor · represented by Vincent Thyrion

20-11-2025 → present

Show 3 earlier auditors

Deloitte Réviseurs d'Entreprises Statutory auditor · represented by Cédric Bogaerts succeeded by RSM INTERAUDIT in 2025	14-08-2019 → 20-11-2025
PWC Reviseurs d'Entreprises sccri Réviseur d'entreprises succeeded by Deloitte Réviseurs d'Entreprises in 2019	25-04-2013 → 14-08-2019
SCCRL PwC Réviseurs d'Entreprises Réviseur d'entreprises · represented by Isabelle Rasmont succeeded by PWC Reviseurs d'Entreprises sccri in 2013	06-10-2010 → 25-04-2013

Articles of association

Purpose

D’effectuer tant en Belgique qu'à l'étranger, pour son compte, la réalisation de toutes opérations immobilières et, en particulier, le développement, l’acquisition, la gestion…

Full purpose

D’effectuer tant en Belgique qu'à l'étranger, pour son compte, la réalisation de toutes opérations immobilières et, en particulier, le développement, l’acquisition, la gestion, l’aménagement, la cession et la location d’immeubles pour compte propre ou pour compte de tiers...

according to the deed of 12-05-2020

Structure & network

Connections & network

35 connected companies

Depth

Shared directors

This company Company Director Shareholding Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

AB-Eiffage

Shared director

→

BRUSTAR SOUVERAIN

Shared director

→

BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION

Shared director

→

CEREP LOI 1

Shared director

→

Show 31 more companies with a shared director

COLLIGNON ENG.

Shared director

→

DE GRAEVE ENTREPRISES GENERALES

Shared director

→

EIFFAGE CONSTRUCTION BeLux

Shared director

→

EIFFAGE ENERGIE SYSTEMES - INFRA

Shared director

→

ELJ CONSULTING

Shared director

→

Entreprises générales Louis Duchene

Shared director

→

EPM ACADEMY

Shared director

→

ESPACE ROLIN - ROLIN RUIMTE

Shared director

→

F-IMMO

Shared director

→

FEXIM

Shared director

→

FM-A INVEST

Shared director

→

Galère

Shared director

→

GINKGO PARC

Shared director

→

Groupe pour HEC-Ecole , Management School University of Liège

Shared director

→

INTEGRALE

Shared director

→

JAP CONSULTING SERVICES

Shared director

→

LEOVILLE PROPERTIES VI

Shared director

→

LOZANA INVEST

Shared director

→

MEUSE OFFICE 1

Shared director

→

MONUMENT GRAMME

Shared director

→

MONUMENT GREEN ENERGY

Shared director

→

Monument Immo Management

Shared director

→

NEW MECCO WAREHOUSE

Shared director

→

OOSTVLAAMS MILIEUBEHEER

Shared director

→

Pensions extra-légales Etudes et Gestion

Shared director

→

PICADILLY 500

Shared director

→

PIT-EIFFAGE

Shared director

→

SABEM

Shared director

→

SECO BELGIUM

Shared director

→

Tetris Offices. The Loop building one

Shared director

→

VALENS

Shared director

→

Acquisitions and mergers

1 transaction

Split off to:SOUTH CITY OFFICE BROODTHAERS

State Gazette act of 04-05-2010

Capital and shareholders

Shareholders according to the acts

After the capital increase act of 18-01-2010 ↗

ATENOR GROUP 83,800 shares · 5,195,600 EUR
BATIPONT IMMOBILIER 20,950 shares · 1,298,900 EUR
ESPACE MIDI 104,750 shares · 6,494,500 EUR

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

12-05-2020 Capital stated in the act · 3,812,751.52 EUR
14-11-2018 Capital increase of 100,000 EUR · to 3,812,751.52 EUR · 116,549 new shares · “apport d'une créance”
28-11-2016 Capital increase of 3,532,140.41 EUR · to 3,712,751.52 EUR
07-01-2013 Capital stated in 2 acts · 180,611.11 EUR · 210,500 shares
04-05-2010 Capital reduction of 12,870,388.89 EUR · to 180,611.11 EUR · “transfert au compte capital de la société nouvelle”
18-01-2010 Capital increase of 12,989,000 EUR · to 13,051,000 EUR · 209,500 new shares

Similar companies · same sector, comparable size

LA.RU

BE 0420.396.614

Hamont-Achel · Eq €25.04M

R2AG

BE 0412.704.811

Aarschot · Eq €25.03M

Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 1,087 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded08-11-2005

Fiscal year end31-12

Activities, NACEBEL 2025

68201Renting and operating of own or leased residential real estate, excluding social housing

68203Renting and operating of own or leased non-residential real estate, excluding land

Scores and ratios are computed by Checked and are not a credit decision.