ACTIVE

L'Union Immobilière

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Financial year 2025 · Closed on 31/12/2025

Net result-17,8 k €+6,7 %over 1 year
Gross margin39,4 k €+5,6 %over 1 year
Equity68,8 k €-20,5 %over 1 year

Identity

Source · BCE/KBO

L'Union Immobilière is a Public limited company incorporated in 1939. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.946.413
Incorporation
23/06/1939
Legal form
Public limited company
Registered office
Avenue Louise 221 box 4
1050 Ixelles · BruxellesSee on map
Contributed capital
161 514,82 €
Latest accounts
31/12/2025
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin39,4 k €37,3 k €34 k €37 k €30,5 k €
EBITDA32,8 k €30,9 k €27,7 k €29 k €24,9 k €
Operating result-18,1 k €-19,4 k €-22,5 k €-21,3 k €-24,5 k €
Net result-17,8 k €-19 k €-22,7 k €-21,9 k €-25 k €
Balance sheet
Equity68,8 k €86,5 k €105,6 k €28,3 k €50,2 k €
Total assets984,7 k €953,6 k €976,8 k €1 M €1,1 M €
Cash26,8 k €89,6 k €61,8 k €84,5 k €50,3 k €
Debts916 k €867 k €866 k €1 M €1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

Erol KANDIYOTI

Director · since 15 mars 2022 · until 03 mai 2028

Active
Melissa KANDIYOTI

Director · since 15 mars 2022 · until 03 mai 2028

Active

Ended mandates

erol Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2016

Ended
Erol Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2022

Ended
Melissa Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2022

Ended
Laurent DRION

Director · since 29 juin 2012

Ended

Other companies at this address

Avenue Louise 221 1050 Ixelles
CompanyCBE no.
Admiro● Active
0412.443.010
Amicale du Personnel d'Old England● Active
0409.491.636
Association de l'Avenue Louise● Active
0414.798.922
Association Européenne pour l'Interopérabilité Ferroviaire● Liquidation
0453.973.559
Chemitex● Active
0407.685.456
COTITEX● Active
0473.839.456
IMMO RHODE● Active
0876.321.160
Intercot● Liquidation
0418.417.814
JAYDE● Active
0475.891.601
KF FOUNDATION● Active
0802.348.267
K FINANCE COORDINATION & SERVICES● Active
0448.586.002
K PUURS LOGISTICS● Active
0865.543.371
KREST 2● Active
0846.689.739
KREST 3● Active
0846.683.108
KREST & C°● Active
0782.331.625
KREST REAL ESTATE INVESTMENTS● Active
0834.802.289
KREST UNIT● Active
0663.532.656
KRKA Belgium● Active
0508.714.223
L&E GLOBAL● Active
0832.474.883
PATRIA● Active
0403.287.891

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date09/06/202609/05/202507/06/202404/07/202314/04/202227/09/2021
General meeting06/05/202607/05/202509/05/202403/05/202315/03/202216/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/05/202609/06/2026FrenchPDF
Micro model31/12/202407/05/202509/05/2025FrenchPDF
Micro model31/12/202309/05/202407/06/2024FrenchPDF
Micro model31/12/202203/05/202304/07/2023FrenchPDF
Micro model31/12/202115/03/202214/04/2022FrenchPDF
Micro model31/12/202016/09/202127/09/2021FrenchPDF
Micro model31/12/201908/10/202009/11/2020FrenchPDF
Micro model31/12/201807/10/201910/10/2019FrenchPDF
Micro model31/12/201716/05/201816/05/2018FrenchPDF
Micro model31/12/201631/05/201715/06/2017FrenchPDF
Abridged model31/12/201504/05/201631/05/2016FrenchPDF
Abridged model31/12/201406/05/201516/06/2015FrenchPDF
Abridged model31/12/201307/05/201411/06/2014FrenchPDF
Abridged model31/12/201208/05/201321/05/2013FrenchPDF
Abridged model31/12/201126/06/201229/06/2012FrenchPDF
Abridged model31/12/201004/05/201104/05/2011FrenchPDF
Abridged model31/12/200905/05/201016/06/2010FrenchPDF
Abridged model31/12/200806/05/200930/07/2009FrenchPDF
Abridged model31/12/200707/05/200807/07/2008FrenchPDF
Abridged model31/12/200602/05/200715/11/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 26 ended

Active mandates

Erol KANDIYOTI

Director · since 15 mars 2022 · until 03 mai 2028

Active
Melissa KANDIYOTI

Director · since 15 mars 2022 · until 03 mai 2028

Active

Ended mandates

erol Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2016

Ended
Erol Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2022

Ended
Melissa Kandiyoti

Director · since 10 juin 2016 · until 10 juin 2022

Ended
Laurent DRION

Director · since 29 juin 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares03/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates12/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/01/2022
    SIEGE SOCIAL
    PDF
  • Mandates05/07/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/07/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares04/06/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/07/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/10/2009
    SIEGE SOCIAL
    PDF

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 2025-17,8 k €↑
  2. 2024
    Annual accounts 2024-19 k €↑
  3. 2023
    Annual accounts 2023-22,7 k €↓
  4. 2022
    Annual accounts 2022-21,9 k €↑
  5. 2021
    Annual accounts 2021-25 k €↑
  6. 2020
    Annual accounts 2020-27 k €↑
  7. 2019
    Annual accounts 2019-30,8 k €↑
  8. 2018
    Annual accounts 2018-48,6 k €↓
  9. 2017
    Annual accounts 2017-29,3 k €↓
  10. 2016
    Annual accounts 2016-3,7 k €↓
  11. 2015
    Annual accounts 201510,7 k €↓
  12. 2014
    Annual accounts 201412,1 k €↑
  13. 2013
    Annual accounts 201311,9 k €↑
  14. 2012
    Annual accounts 20126,7 k €↓
  15. 2011
    Annual accounts 201112,8 k €↓
  16. 2010
    Annual accounts 201041 k €↑
  17. 2009
    Annual accounts 20099,4 k €↓
  18. 2008
    Annual accounts 200817,8 k €↑
  19. 2007
    Annual accounts 20078,1 k €↑
  20. 2006
    Annual accounts 20067,3 k €
  21. 23/06/1939
    IncorporationPublic limited company