ACTIVE

LANDSIDE REAL ESTATE

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Financial year 2025 · Closed on 31/12/2025

Net result504,9 k €+3,6 %over 1 year

Revenue1,3 M €+0,6 %over 1 year

Equity2,9 M €+20,8 %over 1 year

Identity

Source · BCE/KBO

LANDSIDE REAL ESTATE is a Public limited company incorporated in 2006. Its registered office is in Zaventem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0881.445.928
Incorporation: 22/05/2006
Legal form: Public limited company
Registered office: Luchthaven Brussel Nationaal 1M
1930 Zaventem · FlandreSee on map
Contributed capital: 2 377 465,02 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,3 M €	+0.6%	1,2 M €	+3.2%	1,2 M €	+19.6%	1 M €	+86.4%	540,5 k €
EBITDA	1,2 M €	+8.4%	1,1 M €	+0.3%	1,1 M €	+23.4%	899,6 k €	+115%	419,1 k €
Operating result	765,3 k €	+9.8%	696,8 k €	+7.2%	650,2 k €	+64.1%	396,3 k €	+571%	-84,2 k €
Net result	504,9 k €	+3.6%	487,4 k €	-7.1%	524,6 k €	+105%	255,6 k €	+168%	-377 k €
Balance sheet
Equity	2,9 M €	+20.8%	2,4 M €	+2.9%	2,4 M €	+28.7%	1,8 M €	+16.2%	1,6 M €
Total assets	9,3 M €	+0.9%	9,2 M €	+4.8%	8,8 M €	+7.8%	8,2 M €	-2.6%	8,4 M €
Cash	5,4 k €	+43.5%	3,8 k €	-85.1%	25,2 k €	+22.7%	20,6 k €	-12.2%	23,4 k €
Debts	6,4 M €	-6.2%	6,8 M €	+5.6%	6,5 M €	+1.8%	6,3 M €	-6.1%	6,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Covivio Hotels Belgique1016.135.178Represented by Marie GUYON	Director17/12/2024 → 13/03/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Patrick BOUR	Director22/03/2022 → 08/03/2028
Tugdual MILLET-TAUNAY	Director22/03/2022 → 08/03/2028

Other companies at this address

Luchthaven Brussel Nationaal 1M 1930 Zaventem

Company	CBE no.
Airport Intelligence● Active	0726.385.884
Airside Real Estate● Active	0874.380.566
Brussels Airport Sustainable Energy● Active	1005.387.677
Brussels Airport Ventures● Active	0780.935.419

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/04/2026	18/04/2025	29/03/2024	24/03/2023	22/04/2022	22/04/2021
General meeting	24/03/2026	27/03/2025	22/03/2024	17/03/2023	22/03/2022	30/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/03/2026	21/04/2026	French	PDF
Full model	31/12/2024	27/03/2025	18/04/2025	French	PDF
Full model	31/12/2023	22/03/2024	29/03/2024	French	PDF
Full model	31/12/2022	17/03/2023	24/03/2023	French	PDF
Full model	31/12/2021	22/03/2022	22/04/2022	French	PDF
Full model	31/12/2020	30/03/2021	22/04/2021	French	PDF
Full model	31/12/2019	24/03/2020	29/06/2020	French	PDF
Full model	31/12/2018	02/04/2019	29/05/2019	French	PDF
Full model	31/12/2017	29/03/2018	26/04/2018	French	PDF
Full model	31/12/2016	30/03/2017	26/04/2017	French	PDF
Full model	31/12/2015	26/05/2016	29/06/2016	French	PDF
Full model	31/12/2014	30/03/2015	28/04/2015	French	PDF
Full model	31/12/2013	27/03/2014	31/03/2014	French	PDF
Full model	31/12/2012	25/03/2013	25/04/2013	French	PDF
Full model	31/12/2011	27/03/2012	30/03/2012	French	PDF
Full model	31/12/2010	18/03/2011	29/03/2011	French	PDF
Full model	31/12/2009	19/03/2010	11/05/2010	French	PDF
Full model	31/12/2008	11/03/2009	20/05/2009	French	PDF
Full model	31/12/2007	12/03/2008	30/05/2008	French	PDF
Full model	31/12/2006	14/03/2007	10/04/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Covivio Hotels Belgique1016.135.178Represented by Marie GUYON	Director17/12/2024 → 13/03/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Patrick BOUR	Director22/03/2022 → 08/03/2028
Tugdual MILLET-TAUNAY	Director22/03/2022 → 08/03/2028

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other27/07/2026
ALGEMENE VERGADERING, STATUTEN (VERTALING,
PDF
Other05/02/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/01/2025
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates21/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates09/06/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates20/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office09/09/2020
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Covivio Hotels Belgique

Tugdual MILLET-TAUNAY

Patrick BOUR

Dominique René Maurice OZANNE

Sophie GAUTIER

Marie DANLOS

BOYER Cécile

Yan René Paul PERCHET

2006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

FONCIERE NO BRUXELLES AEROPORT

Avenue Marnix 23, 1000 Brussels

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Luchthaven Brussel Nationaal 1M, 1930 ZaventemCurrent		CBE
Avenue Marnix 23, 1000 Brussels	accounts 2021 → 2025	Accounts 2025 · 2026-00084903

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LANDSIDE REAL ESTATECurrent		CBE
FONCIERE NO BRUXELLES AEROPORT	accounts 2007 → 2025	Accounts 2025 · 2026-00084903

Events

2025
Annual accounts 2025504,9 k €↑
2024
Annual accounts 2024487,4 k €↓
2023
Annual accounts 2023524,6 k €↑
2022
Annual accounts 2022255,6 k €↑
2021
Annual accounts 2021-377 k €↑
2020
Annual accounts 2020-663,5 k €↓
2019
Annual accounts 2019185,5 k €↓
2018
Annual accounts 2018275,5 k €↑
2017
Annual accounts 2017115,7 k €↓
2016
Annual accounts 2016116,6 k €↓
2015
Annual accounts 2015139 k €↑
2014
Annual accounts 201460,5 k €↑
2013
Annual accounts 2013-205,6 k €↓
2012
Annual accounts 2012-81,9 k €↓
2011
Annual accounts 201154,4 k €↑
2010
Annual accounts 2010-35 k €↑
2009
Annual accounts 2009-252,6 k €↓
2008
Annual accounts 200862,6 k €↓
2007
Annual accounts 2007161,3 k €
22/05/2006
IncorporationPublic limited company

LANDSIDE REAL ESTATE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events