ACTIVE

SILVER TOWER

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Financial year 2025 · closed on 31/12/2025
Net result
1,9 M €
-26.8% YoY
Revenue
8,1 M €
+3.5% YoY
Equity
71,2 M €
+0.1% YoY

What does SILVER TOWER do?

SILVER TOWER is a Public limited company incorporated in 2001. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0475.947.821
Incorporation
26/10/2001
Legal form
Public limited company
Registered office
Avenue Marnix 23
1000 Bruxelles · BruxellesSee on map
Contributed capital
70 619 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue8,1 M €7,8 M €7,6 M €7,0 M €–––––––––––2,7 k €69,7 k €33,5 k €64,1 k €
EBITDA7,5 M €7,4 M €7,1 M €6,6 M €6,9 M €-126,4 k €-132,0 k €-49,6 k €-46,6 k €-54,8 k €-97,0 k €-72,3 k €-67,0 k €-37,1 k €-31,8 k €-70,3 k €-31,9 k €-24,7 k €8,6 k €
Operating result4,0 M €3,9 M €3,7 M €3,3 M €3,6 M €-126,4 k €-132,0 k €-49,6 k €-46,6 k €-54,8 k €-97,0 k €-72,3 k €-67,0 k €-37,1 k €-31,8 k €-70,3 k €-31,9 k €-24,7 k €8,5 k €
Net result1,9 M €2,6 M €2,5 M €2,0 M €2,2 M €-147,6 k €-157,3 k €-570,3 k €-156,0 k €-55,1 k €-105,2 k €-74,3 k €-65,3 k €-39,5 k €-33,2 k €-70,8 k €-31,7 k €-34,9 k €-6,0 k €
Balance sheet
Equity71,2 M €71,1 M €71,0 M €78,4 M €78,3 M €18,4 M €9,0 M €9,2 M €9,8 M €9,9 M €10,0 M €10,1 M €10,1 M €10,2 M €398,8 k €432,0 k €502,8 k €-115,4 k €-80,5 k €
Total assets125,4 M €124,9 M €125,9 M €132,3 M €132,6 M €62,4 M €27,9 M €22,2 M €22,1 M €20,5 M €16,9 M €13,9 M €12,1 M €11,8 M €486,0 k €504,3 k €509,6 k €515,3 k €477,7 k €
Cash14,2 M €11,1 M €7,2 M €11,0 M €8,7 M €26,9 k €56,1 k €––––––––––13,2 k €7,7 k €
Debts52,2 M €52,9 M €54,3 M €53,1 M €53,8 M €43,7 M €18,8 M €12,5 M €12,4 M €10,6 M €7,0 M €3,9 M €1,9 M €1,6 M €87,2 k €72,3 k €6,8 k €630,8 k €543,0 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 43 ended

Active mandates

Christophe TANS

Director · since 25 juin 2025 · until 25 juin 2031

Active
Corsül TASCI

Director · since 25 juin 2025 · until 25 juin 2031

Active
Irene FLORESCU

Director · since 25 juin 2025 · until 25 juin 2031

Active

Ended mandates

Christophe Tans

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Corsül Tasci

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Irene Florescu

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Michael Gheysens

Director · since 17 septembre 2018 · until 10 novembre 2020

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202619/05/202504/07/202429/06/202327/07/202226/10/2021
General meeting28/05/202612/05/202525/06/202426/06/202330/06/202226/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202604/06/2026DutchPDF
Full model31/12/202412/05/202519/05/2025DutchPDF
Full model31/12/202325/06/202404/07/2024DutchPDF
Full model31/12/202226/06/202329/06/2023DutchPDF
Abridged model31/12/202130/06/202227/07/2022DutchPDF
Abridged model31/12/202026/10/202126/10/2021DutchPDF
Abridged model31/12/201908/05/202011/06/2020DutchPDF
Abridged model31/12/201825/06/201911/07/2019DutchPDF
Full model31/12/201707/06/201818/06/2018FrenchPDF
Full model31/12/201601/06/201716/06/2017FrenchPDF
Full model31/12/201502/06/201623/06/2016FrenchPDF
Full model31/12/201404/06/201508/07/2015FrenchPDF
Full model31/12/201305/06/201413/08/2014FrenchPDF
Full model31/12/201206/06/201302/08/2013FrenchPDF
Full model31/12/201107/06/201222/06/2012FrenchPDF
Full model31/12/201006/06/201107/06/2011FrenchPDF
Full model31/12/200903/06/201028/06/2010FrenchPDF
Full model31/12/200804/06/200901/07/2009FrenchPDF
Full model31/12/200705/06/200807/07/2008FrenchPDF
Full model31/12/200607/06/200728/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 43 ended

Active mandates

Christophe TANS

Director · since 25 juin 2025 · until 25 juin 2031

Active
Corsül TASCI

Director · since 25 juin 2025 · until 25 juin 2031

Active
Irene FLORESCU

Director · since 25 juin 2025 · until 25 juin 2031

Active

Ended mandates

Christophe Tans

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Corsül Tasci

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Irene Florescu

Director · since 10 novembre 2020 · until 25 juin 2025

Ended
Michael Gheysens

Director · since 17 septembre 2018 · until 10 novembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates30/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/12/2020
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,9 M €↓
  2. 12/05/2025
    reconductionCorsül Tasci — bestuurder
  3. 12/05/2025
    reconductionIrène Florescu — bestuurder
  4. 12/05/2025
    reconductionChristophe Tans — bestuurder
  5. 2024
    Annual accounts 20242,6 M €↑
  6. 25/06/2024
    reconductionBE Audit — commissaris
  7. 2023
    Annual accounts 20232,5 M €↑
  8. 07/09/2023
    reduction_capital
  9. 2022
    Annual accounts 20222,0 M €↓
  10. 01/07/2022
    nominationBE Audit — commissaris
  11. 2021
    Annual accounts 20212,2 M €↑
  12. 2019
    Annual accounts 2019-147,6 k €↑
  13. 2018
    Annual accounts 2018-157,3 k €↑
  14. 2017
    Annual accounts 2017-570,3 k €↓
  15. 2016
    Annual accounts 2016-156,0 k €↓
  16. 2015
    Annual accounts 2015-55,1 k €↑
  17. 2014
    Annual accounts 2014-105,2 k €↓
  18. 2013
    Annual accounts 2013-74,3 k €↓
  19. 2012
    Annual accounts 2012-65,3 k €↓
  20. 2011
    Annual accounts 2011-39,5 k €↓
  21. 2010
    Annual accounts 2010-33,2 k €↑
  22. 2009
    Annual accounts 2009-70,8 k €↓
  23. 2008
    Annual accounts 2008-31,7 k €↑
  24. 2007
    Annual accounts 2007-34,9 k €↓
  25. 2006
    Annual accounts 2006-6,0 k €
  26. 26/10/2001
    IncorporationPublic limited company