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Congrespaleis

Active
Public limited companyfounded 200422 yrs activeKunstberg 22, 1000 Brussel, BelgiumKBO/BCE: BE 0867.141.297
Summary

The annual accounts of Congrespaleis for fiscal year 2025 show a net loss of 141% of total assets and of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €15.08M and a net result of €-26.58M. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 80% of 4539 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-6
Solvency100=
Growth34▼-18
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.04 against 12.55 in 2024; short-term debt: 14.9% and cash: 5.8% of total assets), and 19.9% 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 riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · 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
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · 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
80.1%
Return on assets
-141.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-26.58M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-03-2026, 129 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
129 d early
2024
125 d early
2023
124 d early
2022
109 d early
2021
122 d early
2020
108 d early
2019
121 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
€2.56M▼ 1.1%
2024 · €2.58M
2018: €2.30M 2019: €2.15M 2020: €661k 2021: €728k 2022: €2.36M 2023: €2.48M 2024: €2.58M
2018 → 2025
EBIT margin
-1066.6%▼ 934.3pp
2024 · -132.4%
2018: -171.4% 2019: -200.1% 2020: -1070.9% 2021: -632.8% 2022: -167.1% 2023: -142.9% 2024: -132.4%
2018 → 2025
Net result
€-26.58M▼ 824%
2024 · €-2.88M
2018: €-3.62M 2019: €-3.92M 2020: €-6.77M 2021: €-2.90M 2022: €-3.94M 2023: €-3.32M 2024: €-2.88M
2018 → 2025
Working capital
€14.13M▼ 56.1%
2024 · €32.18M
2018: €34.80M 2019: €35.62M 2020: €35.25M 2021: €36.33M 2022: €36.73M 2023: €35.58M 2024: €32.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€728k-€2.36M▲ 224%€2.48M▲ 5.0%€2.58M▲ 4.3%€2.56M▼ 1.1%
Equity€35.30M-€36.36M▲ 3.0%€35.54M▼ 2.3%€32.66M▼ 8.1%€15.08M▼ 53.8%
Operating result€-4.60M-€-3.94M▲ 14.4%€-3.54M▲ 10.2%€-3.42M▲ 3.4%€-27.25M▼ 697%
Net result€-2.90M-€-3.94M▼ 35.8%€-3.32M▲ 15.7%€-2.88M▲ 13.4%€-26.58M▼ 824%
Result per fiscal year
Operating resultNet result
€-30.00M€-20.00M€-10.00M€0Operating result 2021: €-4.60M€-4.60MNet result 2021: €-2.90M€-2.90MOperating result 2022: €-3.94M€-3.94MNet result 2022: €-3.94M€-3.94MOperating result 2023: €-3.54M€-3.54MNet result 2023: €-3.32M€-3.32MOperating result 2024: €-3.42M€-3.42MNet result 2024: €-2.88M€-2.88MOperating result 2025: €-27.25M€-27.25MNet result 2025: €-26.58M€-26.58M20212022202320242025€-30M€-20M€-10M€0Operating result 2023: €-3.54M€-3.5MNet result 2023: €-3.32M€-3.3MOperating result 2024: €-3.42M€-3.4MNet result 2024: €-2.88M€-2.9MOperating result 2025: €-27.25M€-27MNet result 2025: €-26.58M€-27M202320242025
The operating result stays negative: a loss of €27.25M in 2025 against €3.42M 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 €18.84M
Fixed assets €1.90M ▲ 14.8%
Current assets €16.93M ▼ 51.6%
Equity and liabilities €18.84M
Equity €15.08M ▼ 53.8%
Debt €3.75M ▼ 5.3%
Debt's share of the balance-sheet total rises from 10.8% to 19.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-27.08M
2024 · €-2.81M
Cash flow
€-26.40M
2024 · €-2.26M
Current ratio
6.04
2024 · 12.55
Debt to equity
0.25
2024 · 0.12
ROE
-176.2%
2024 · -8.8%
ROA
-141.1%
2024 · -7.9%
Interest coverage
-230.05
2024 · -1187.51
Debt ≤ 1 year
€2.80M
2024 · €2.79M
Staff costs
€66k
2024 · €64k
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 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€36.62M€18.84M
Fixed assets21/28€1.66M€1.90M
Tangible fixed assets22/27€1.62M€1.87M
Plant, machinery and equipment23€238k€237k
Furniture and vehicles24€1k-
Other tangible fixed assets26€1.38M€1.63M
Financial fixed assets28€38k€38k=
Companies linked by participating interests282/3€38k€38k=
Participating interests282€38k€38k=
Current assets29/58€34.97M€16.93M
Amounts receivable after more than one year29€746k€497k
Trade receivables290€668k€457k
Other amounts receivable291€78k€40k
Amounts receivable within one year40/41€2.30M€2.46M
Trade receivables40€1.76M€1.65M
Other amounts receivable41€537k€807k
Current investments50/53€29.10M€2.20M
Other investments51/53€29.10M€2.20M
Cash at bank and in hand54/58€659k€1.09M
Deferred charges and accrued income490/1€2.16M€10.69M
Equity and liabilities
Total equity and liabilities10/49€36.62M€18.84M
Equity10/15€32.66M€15.08M
Contributions10/11€95.00M€44.00M
Capital10€95.00M€44.00M
Issued capital100€95.00M€44.00M
Profit (loss) carried forward14€-62.59M€-29.17M
Investment grants15€254k€254k=
Amounts payable17/49€3.96M€3.75M
Amounts payable within one year42/48€2.79M€2.80M
Trade debts44€83k€284k
Suppliers440/4€83k€284k
Taxes, remuneration and social security45€2.70M€2.52M
Taxes450/3€2.69M€2.51M
Remuneration and social security454/9€10k€9k
Accrued charges and deferred income492/3€1.18M€948k
Income statement Code20242025
Operating income70/76A€3.26M€3.14M
Turnover70€2.58M€2.56M
Other operating income74€672k€587k
Operating charges60/66A€6.68M€30.40M
Services and other goods61€5.78M€29.05M
Remuneration, social security and pensions62€64k€66k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€613k€175k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-104k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-500k-
Other operating charges640/8€823k€1.10M
Operating profit (loss)9901€-3.42M€-27.25M
Financial income75/76B€545k€795k
Recurring financial income75€545k€795k
Income from financial fixed assets750€144k€255k
Income from current assets751€401k€430k
Other financial income752/9€143€110k
Financial charges65/66B€2k€118k
Recurring financial charges65€2k€118k
Debt charges650-€118k
Other financial charges652/9€2k€681
Profit (loss) for the period before taxes9903€-2.88M€-26.58M
Profit (loss) for the period9904€-2.88M€-26.58M
Profit (loss) for the period to be appropriated9905€-2.88M€-26.58M
Appropriation of the result
Profit (loss) to be appropriated9906€-62.59M€-29.17M
Profit (loss) brought forward from the previous period14P€-59.71M€-2.59M
Social balance
Average headcount (FTE)90870.80.8=

The notes to these accounts (36 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
State Gazette act Resignation: Lemco BV (algemeen directeur)
Permanent representatives: Lemco BV and Xavier Goddaer · Appointment: Xavier Goddaer (algemeen directeur)7 facts ▸
  • Board meeting, 13-05-2026
  • Director resignation, Lemco BV (algemeen directeur)
  • Permanent representative, Lemco BV (permanent representative)
  • Director appointment, Xavier Goddaer (algemeen directeur)
  • Permanent representative, Xavier Goddaer
  • Board composition, Paul Dujardin (chair)
  • Board composition, Marc Ceurremanst (vice-chair)
14-04
State Gazette act Resignations: Chris Redant (director) and Justine Harzé (director)
Appointments: Vanden Berghe Steven Pierre A (director) and Rosavic Janis (director) · Capital increase · Capital contribution12 facts ▸
  • Capital increase, €7.500.000
  • Capital contribution, €7.500.000
  • Capital, €51.500.000
  • Capital decrease, €29.000.000
  • Capital, €22.500.000
  • Statutes amendment, 5
  • Director resignation, Chris Redant (director)
  • Director resignation, Justine Harzé (director)
  • Director in office, Vanden Berghe Steven Pierre A (director)
  • Director in office, Rosavic Janis (director)
  • Director appointment, Vanden Berghe Steven Pierre A (director)
  • Director appointment, Rosavic Janis (director)
24-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-26.58M
Net result drops to €-26.58M, the lowest in the series.
12-12
State Gazette act Reappointment: Clybouw Bedrijfsrevisoren BV (statutory auditor)
Appointments: Chris Redant (chair) and Marc Ceurremans (vice-chair)11 facts ▸
  • General meeting, 10-03-2025
  • Auditor reappointment, Clybouw Bedrijfsrevisoren BV
  • General meeting, 16-03-2023
  • Board composition, Chris Redant (director)
  • Board composition, Marc Ceurremans (director)
  • Board composition, Paul Dujardin (director)
  • Board composition, Laurent Vrijdaghs (director)
  • Board composition, FPIM NV (director)
  • Board composition, Justine Harzé (director)
  • Director appointment, Chris Redant (chair)
  • Director appointment, Marc Ceurremans (vice-chair)
08-04
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Capital decrease5 facts ▸
  • General meeting, 17-03-2025
  • Capital increase, €9.000.000
  • Bank account, BE37 0910 2306 6528
  • Capital decrease, €60.000.000
  • Capital, €44.000.000
28-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
21-02
State Gazette act Resignation: Henri Dineur (director)
Appointment: Justine Harzé (director)3 facts ▸
  • General meeting, 16-03-2023
  • Director resignation, Henri Dineur (director)
  • Director appointment, Justine Harzé (director)
2023
26-10
State Gazette act Statutes amendment
Capital · Address · Website and email address5 facts ▸
  • General meeting, 18-09-2023
  • Statutes amendment
  • Capital, €95.000.000
  • Address, De algemene vergadering heeft besloten om het precieze adres van de vennootschap buiten de statuten te laten, zijnde gepreciseerd dat de zetel blijft gevestigd…
  • Website and email address, De algemene vergadering heeft besloten om geen officieel e-mail adres of website te communiceren.
13-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
02-03
State Gazette act Reappointments: Clybouw Bedrijfsrevisoren, Dineur Henri and 4 others
Appointment: Ceurremans Marc (director) · Resignation: Goldstein Yves (director) · Director discharge11 facts ▸
  • General meeting, 03-03-2022
  • Auditor reappointment, Clybouw Bedrijfsrevisoren
  • General meeting, 02-05-2022
  • Director reappointment, Dineur Henri (director)
  • Director reappointment, Redant Chris (director)
  • Director reappointment, Vrijdaghs Laurent (director)
  • Director reappointment, Dujardin Paul (director)
  • Director reappointment, Federale Participatie en Investeringsmaatschappij NV (director)
  • Director appointment, Ceurremans Marc (director)
  • Director resignation, Goldstein Yves (director)
  • Director discharge, Goldstein Yves
Show earlier events
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
24-02
State Gazette act Resignations: F.A. Wilmet (statutory auditor) and Johan De Ketelbutter (director)
Appointment: Clybouw Bedrijfsrevisoren BV (statutory auditor) · Reappointments: Goldstein Yves, Dineur Henri and 4 others13 facts ▸
  • General meeting, 21-05-2019
  • Director resignation, F.A. Wilmet (statutory auditor)
  • Auditor appointment, Clybouw Bedrijfsrevisoren BV (statutory auditor)
  • General meeting, 30-03-2020
  • Director reappointment, Goldstein Yves (director)
  • Director reappointment, Dineur Henri (director)
  • Director reappointment, Redant Chris (director)
  • Director reappointment, Vrijdaghs Lauent (director)
  • Director reappointment, Dujardin Paul (director)
  • Director reappointment, de Federale Participatie en Investeringsmaatschappij NV (director)
  • Director resignation, Johan De Ketelbutter (director)
  • Board composition, Dineur Henri (chair)
  • +1 further facts in this act
2020
01-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
03-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 34 days late
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
25-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 86 days late
2014
24-06
State Gazette act Miscellaneous
Act type1 fact ▸
  • Act type, Neerlegging van gecoördineerde statuten
2011
23-05
State Gazette act Resignation: J. Donné (director)
Appointment: Johan De Ketelbutter (director)3 facts ▸
  • Board meeting, 14-02-2011
  • Director resignation, J. Donné (director)
  • Director appointment, Johan De Ketelbutter (director)
2009
24-07
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Bank account9 facts ▸
  • Board meeting, 01-07-2009
  • Capital increase, €20.000.000
  • Share issue, actions nouvelles, 20000
  • Bank account, FORTIS BANQUE, 001-5851208-50
  • Capital, €95.000.000
  • Statutes amendment
  • Power of attorney, PALAIS DES CONGRES / CONGRESPALEIS
  • Power of attorney, PALAIS DES CONGRES / CONGRESPALEIS
  • Power of attorney, Louis-Philippe Marcelis
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.

Directors · office · real estate

Directors
7 directors, no change since 2026
Rosavic Janis
Director · since 01-05-2026
Current
Vanden Berghe Steven Pierre A
Director · since 07-04-2026
Current
Xavier Goddaer
Algemeen directeur · since 01-04-2026
Current
Ceurremans Marc
Vice-chair · since 03-03-2022
Current
Current
Current
1 other director
Current
10-05-2026 Redant Chris: Resigned as Director
01-05-2026 Rosavic Janis: Appointed as Director
07-04-2026 Vanden Berghe Steven Pierre A: Appointed as Director
07-04-2026 HARZÉ Justine: Resigned as Director
01-04-2026 Xavier Goddaer: Appointed as Algemeen directeur
Full history in the Timeline (17 changes) →
Location & real-estate footprint
Registered office, Brussel
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kunstberg 221000 Brussel
Ground area
1,262 m²
Parcel 21804D0624/00E000, Brussels. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21804D0624/00E000 Brussels 1,262 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Clybouw Bedrijfsrevisoren BVCurrent
Auditor
10-03-2025 → present
Show 2 earlier auditors
Achiel Clybouw, André Clybouw & Co, Bedrijfsrevisoren – Réviseurs d'entreprises
Auditor
succeeded by Clybouw Bedrijfsrevisoren BV in 2025
21-05-2019 → 10-03-2025
F.A. Wilmet
Statutory auditor
- → 21-05-2019

Articles of association

Purpose
De vennootschap heeft tot doel om, zowel in België als in het buitenland, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden de organisatie van…
Full purpose

De vennootschap heeft tot doel om, zowel in België als in het buitenland, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden de organisatie van vergaderingen, congressen, tentoonstellingen, beurzen, evenementen en gelijk welke andere soortgelijke activiteiten. Zij verzekert de exploitatie van het industrieel, financieel en commercieel beheer van haar goederen, de terbeschikkingstelling van infrastructuur, diensten en personeel aan externe organisatoren van soortgelijke activiteiten of die deze kunnen bevorderen. Ze verzekert de omvorming, de renovatie en de organisatie van de gebouwen waarin deze diensten zijn gelokaliseerd.

Other provisions of the articles (1)

Structure & network

Connections & network

47 connected companies
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Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
controls
CongrespaleisBE 0867.141.297

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 14-04-2026 ↗
After the capital increase act of 08-04-2025 ↗
  • FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ

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

Capital over the years
  1. 14-04-2026 Capital increase of 7,500,000 EUR · to 51,500,000 EUR · rekening
  2. 14-04-2026 Capital reduction of 29,000,000 EUR · to 22,500,000 EUR · “herstel van het eigen vermogen”
  3. 08-04-2025 Capital increase of 9,000,000 EUR · to 104,000,000 EUR · in cash
  4. 08-04-2025 Capital reduction of 60,000,000 EUR · to 44,000,000 EUR · “aanzuivering van verliezen”
  5. 26-10-2023 Capital stated in the act · 95,000,000 EUR · 95,000 shares
  6. 24-07-2009 Capital increase of 20,000,000 EUR · to 95,000,000 EUR · 20,000 new shares

Recognitions · licences · registrations

Legal Entity Identifier

89450022NYGKTL0I9D20
live in the LEI register

Similar companies · same sector, comparable size

Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 731 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded08-09-2004
Fiscal year end31-12
Legal name FR Palais des Congrès
Activities, NACEBEL 2025
68310Real estate agency activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

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