ACTIVE

REAL HOUSES

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Financial year 2025 · Closed on 31/12/2025

Net result-54,4 k €-106,5 %over 1 year
Gross margin-70,8 k €-132,9 %over 1 year
Equity2,2 M €-2,5 %over 1 year

Identity

Source · BCE/KBO

REAL HOUSES is a Public limited company incorporated in 1968. Its main activity is: Buying and selling of own real estate. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.295.395
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Xavier De Cocklaan 70
9831 Sint-Martens-Latem · FlandreSee on map
Contributed capital
127 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-70,8 k €215,1 k €415,9 k €-102,2 k €1,5 M €
EBITDA-83,8 k €189,8 k €412 k €-104,6 k €1,5 M €
Operating result-61,3 k €249,8 k €409,5 k €-59,6 k €1,4 M €
Net result-54,4 k €840,1 k €650 k €-145,2 k €945,7 k €
Balance sheet
Equity2,2 M €2,2 M €2,5 M €3,5 M €6,4 M €
Total assets2,3 M €3,6 M €5 M €16,2 M €15 M €
Cash127,5 k €7,8 k €136 k €103,5 k €542,3 k €
Debts126,8 k €1,3 M €2,4 M €12,6 M €8,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 45 ended

Active mandates

Maluar

Managing director · since 28 mai 2025 · until 20 juin 2031 · 0645.906.370

Represented by Matthias Page

Active
PAT-PROMOTION

Director · since 28 mai 2025 · until 20 juin 2031 · 0862.110.462

Represented by Cindy Van Loock

Active
PATCOBEL

Managing director · since 28 mai 2025 · until 20 juin 2031 · 0437.445.056

Represented by Cindy Van Loock

Active
VW MANAGEMENT

Director · since 28 mai 2025 · until 20 juin 2031 · 0736.901.179

Represented by Estelle De Gryse

Active

Ended mandates

VW MANAGEMENT

Director · since 31 janvier 2020 · until 20 juin 2025 · 0736.901.179

Represented by Estelle De Gryse

Ended
Estelle DE GRYSE

Director · since 31 décembre 2019 · until 31 janvier 2020

Ended
Maluar

Managing director · since 31 décembre 2019 · until 20 juin 2025 · 0645.906.370

Represented by Matthias Page

Ended
Lucien VANWYNSBERGHE

Director · since 21 juin 2019 · until 31 décembre 2019

Ended

Other companies at this address

Xavier De Cocklaan 70 9831 Sint-Martens-Latem
CompanyCBE no.
Administratiekantoor Augias Corp.● Active
0777.719.076
Augias Corp.● Active
0670.959.094
BELVEDERE● Active
0644.320.124
GAVINA● Active
0432.663.154
INVESTR● Active
0635.946.846
Real Homes● Active
0412.906.927
SEAHORSE● Active
0644.320.025
SOVANEST● Active
0736.986.697
Vibrant Lifestyle Collective● Active
0805.085.449
VIKING● Active
0644.346.353
ZILT ESTATE● Active
0405.249.964
Zure● Active
0741.481.856

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull 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 date05/07/202620/06/202522/07/202416/06/202320/06/202215/07/2021
General meeting19/06/202628/05/202519/07/202416/06/202317/06/202218/06/2021
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
Abridged model31/12/202519/06/202605/07/2026DutchPDF
Abridged model31/12/202428/05/202520/06/2025DutchPDF
Abridged model31/12/202319/07/202422/07/2024DutchPDF
Abridged model31/12/202216/06/202316/06/2023DutchPDF
Abridged model31/12/202117/06/202220/06/2022DutchPDF
Full model31/12/202018/06/202115/07/2021DutchPDF
Full model31/12/201908/09/202006/10/2020DutchPDF
Full model31/12/201821/06/201924/06/2019DutchPDF
Full model31/12/201729/06/201802/07/2018DutchPDF
Full model31/12/201616/06/201721/06/2017DutchPDF
Full model31/12/201517/06/201628/06/2016DutchPDF
Full model31/12/201430/06/201513/07/2015DutchPDF
Full model31/12/201320/06/201430/06/2014DutchPDF
Full model31/12/201221/06/201324/06/2013DutchPDF
Full model31/12/201115/06/201218/06/2012DutchPDF
Full model31/12/201017/06/201123/06/2011DutchPDF
Full model31/12/200918/06/201024/06/2010DutchPDF
Full model31/12/200819/06/200925/06/2009DutchPDF
Full model31/12/200720/06/200830/06/2008DutchPDF
Full model31/12/200615/06/200727/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

4 active · 45 ended

Active mandates

Maluar

Managing director · since 28 mai 2025 · until 20 juin 2031 · 0645.906.370

Represented by Matthias Page

Active
PAT-PROMOTION

Director · since 28 mai 2025 · until 20 juin 2031 · 0862.110.462

Represented by Cindy Van Loock

Active
PATCOBEL

Managing director · since 28 mai 2025 · until 20 juin 2031 · 0437.445.056

Represented by Cindy Van Loock

Active
VW MANAGEMENT

Director · since 28 mai 2025 · until 20 juin 2031 · 0736.901.179

Represented by Estelle De Gryse

Active

Ended mandates

VW MANAGEMENT

Director · since 31 janvier 2020 · until 20 juin 2025 · 0736.901.179

Represented by Estelle De Gryse

Ended
Estelle DE GRYSE

Director · since 31 décembre 2019 · until 31 janvier 2020

Ended
Maluar

Managing director · since 31 décembre 2019 · until 20 juin 2025 · 0645.906.370

Represented by Matthias Page

Ended
Lucien VANWYNSBERGHE

Director · since 21 juin 2019 · until 31 décembre 2019

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office03/11/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2019
    ONTSLAGEN - BENOEMINGEN
    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 2025-54,4 k €↓
  2. 2024
    Annual accounts 2024840,1 k €↑
  3. 2023
    Annual accounts 2023650 k €↑
  4. 2022
    Annual accounts 2022-145,2 k €↓
  5. 2021
    Annual accounts 2021945,7 k €↓
  6. 2020
    Annual accounts 20202,1 M €↑
  7. 2019
    Annual accounts 20191,3 M €↓
  8. 2018
    Annual accounts 20182,5 M €↓
  9. 2017
    Annual accounts 20172,6 M €↑
  10. 2016
    Annual accounts 20161,7 M €↑
  11. 2015
    Annual accounts 2015261,5 k €↓
  12. 2014
    Annual accounts 20142,6 M €↑
  13. 2013
    Annual accounts 2013250,5 k €↓
  14. 2012
    Annual accounts 20122,5 M €↑
  15. 2011
    Annual accounts 2011750,4 k €↑
  16. 2010
    Annual accounts 2010182,3 k €↑
  17. 2009
    Annual accounts 2009-612,4 k €↓
  18. 2008
    Annual accounts 2008-171,9 k €↓
  19. 2008
    Name changeREAL HOUSES
  20. 2007
    Annual accounts 2007363,2 k €↓
  21. 2006
    Annual accounts 20061,9 M €
  22. 2006
    Name changeWestende Tennis Club
  23. 01/01/1968
    IncorporationPublic limited company