ACTIVE

REAL ESTATE COMPANY

Financial year 2025 · Closed on 31/12/2025

Net result423 k €+3 645,0 %over 1 year

Gross margin47,1 k €+3,4 %over 1 year

Equity1 M €+72,2 %over 1 year

Identity

Source · BCE/KBO

REAL ESTATE COMPANY is a Private limited company incorporated in 1986. Its main activity is: Real estate agencies. Its registered office is in Aalst.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.288.157
Incorporation: 28/01/1986
Legal form: Private limited company
Registered office: Parklaan 1A box 5.1
9300 Aalst · FlandreSee on map
Contributed capital: 81 893,52 €
Latest accounts: 31/12/2025

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 46 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	47,1 k €	+3.4%	45,6 k €	+33.0%	34,3 k €	+32.2%	25,9 k €	-53.6%	55,9 k €
EBITDA	41,5 k €	+2.8%	40,4 k €	+37.9%	29,3 k €	+37.2%	21,3 k €	-48.8%	41,7 k €
Operating result	19,2 k €	+6.1%	18,1 k €	+2950%	594,3 €	+124%	-2,4 k €	-114%	17,4 k €
Net result	423 k €	+3645%	11,3 k €	+475%	2 k €	+154%	-3,7 k €	-102%	235,3 k €
Balance sheet
Equity	1 M €	+72.2%	586,1 k €	+2.0%	574,8 k €	-29.3%	812,8 k €	-0.4%	816,5 k €
Total assets	1,1 M €	+9.1%	981,3 k €	-1.7%	998,7 k €	-22.4%	1,3 M €	+3.2%	1,2 M €
Cash	63,1 k €	+1591%	3,7 k €	-75.4%	15,2 k €	+579%	2,2 k €	-85.5%	15,4 k €
Debts	44,4 k €	-88.3%	378,2 k €	-6.9%	406,2 k €	-10.7%	454,9 k €	+31.0%	347,3 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

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
Liliane Van Malderen	Directorsince 02/05/2019Managing director20/06/2003 → 28/05/2020ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
An De Coster	Director28/05/2014 → 28/05/2020
Ann De Coster	Director28/05/2014 → 15/05/2019
Maria De Mey	Director28/05/2014 → 15/05/2019
Rita De Mey	Director28/05/2014 → 28/05/2020

Other companies at this address

Parklaan 1A 9300 Aalst

Company	CBE no.
CODEGRO● Active	0597.698.459
IMMO PONTHIER● Active	0436.676.578

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro 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	24/07/2026	29/08/2025	29/08/2024	01/09/2023	31/08/2022	31/08/2022
General meeting	31/05/2026	02/06/2025	27/05/2024	30/05/2023	30/05/2022	30/11/2021
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, 46 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/05/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	27/05/2024	29/08/2024	Dutch	PDF
Micro model	31/12/2022	30/05/2023	01/09/2023	Dutch	PDF
Micro modelCorrection	31/12/2021	30/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2021	30/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	30/11/2021	31/08/2022	Dutch	PDF
Micro model	31/12/2019	31/05/2020	18/12/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	30/09/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	28/05/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	22/10/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	18/07/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	19/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	31/05/2009	30/06/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	28/05/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	02/07/2007	Dutch	PDF
Abridged model	31/12/2005	25/07/2006	26/07/2006	Dutch	PDF
Abridged model	31/12/2004	31/05/2005	01/07/2005	Dutch	PDF
Abridged modelCorrection	31/12/2003	31/05/2004	05/10/2004	Dutch	PDF
Abridged model	31/12/2003	31/05/2004	29/06/2004	Dutch	PDF
Abridged model	31/12/2002	29/08/2003	29/09/2003	Dutch	PDF
Abridged modelCorrection	31/12/2001	31/05/2002	26/03/2003	Dutch	PDF
Abridged modelCorrection	31/12/2001	31/05/2002	25/11/2002	Dutch	PDF
Abridged modelCorrection	31/12/2001	31/05/2002	31/07/2002	Dutch	PDF
Abridged model	31/12/2001	31/05/2002	03/07/2002	Dutch	PDF
Abridged model	31/12/2000	30/05/2001	18/06/2001	Dutch	PDF
Abridged model	31/12/1999	30/06/2000	28/07/2000	Dutch	PDF
Abridged model	31/12/1998	30/06/1999	29/07/1999	Dutch	PDF
Abridged model	31/12/1997	29/06/1998	29/07/1998	Dutch	—
Abridged model	31/12/1996	31/05/1997	28/07/1997	Dutch	—
Abridged model	31/12/1995	31/05/1996	20/06/1996	Dutch	—
Abridged model	31/12/1994	31/05/1995	22/06/1995	Dutch	—
Abridged model	31/12/1993	27/05/1994	01/07/1994	Dutch	—
Abridged model	31/12/1992	27/05/1993	01/12/1993	Dutch	—
Abridged model	31/12/1991	28/05/1992	02/10/1992	Dutch	—
Abridged model	31/12/1990	30/05/1991	19/09/1991	Dutch	—
Abridged model	31/12/1989	31/05/1990	18/06/1990	Dutch	—
Abridged model	31/12/1988	01/02/1989	13/02/1989	Dutch	—
Abridged model	31/12/1987	31/05/1988	01/07/1988	Dutch	—
Abridged model	31/12/1986	20/11/1987	28/12/1987	Dutch	—

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Liliane Van Malderen	Directorsince 02/05/2019Managing director20/06/2003 → 28/05/2020ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
An De Coster	Director28/05/2014 → 28/05/2020
Ann De Coster	Director28/05/2014 → 15/05/2019
Maria De Mey	Director28/05/2014 → 15/05/2019
Rita De Mey	Director28/05/2014 → 28/05/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other08/01/2024
DIVERSEN
PDF
Registered office08/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring24/05/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/03/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates31/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2003
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

Filings12 filings

Mandates

Liliane Van Malderen

Ann De Coster

An De Coster

Maria De Mey

Rita De Mey

Ria De Mey

Karla Houtman

G. Verhofstadt

19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

RECOReal Estate Company

Parklaan 1A bte 5.1, 9300 Aalst

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Parklaan 1A bte 5.1, 9300 AalstCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00343734

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
REAL ESTATE COMPANYCurrent		CBE
RECO	accounts 2024 → 2025	Accounts 2025 · 2026-00343734
Real Estate Company	accounts 2020 → 2023	Accounts 2023 · 2024-00451375

Events

2025
Annual accounts 2025423 k €↑
2024
Annual accounts 202411,3 k €↑
2024
Name changeRECO
2023
Annual accounts 20232 k €↑
2022
Annual accounts 2022-3,7 k €↓
2021
Annual accounts 2021235,3 k €↑
2020
Annual accounts 202013,7 k €↑
2019
Annual accounts 2019-5,1 k €↓
2018
Annual accounts 2018167,3 k €↑
2009
Annual accounts 2009-17,3 k €↑
2008
Annual accounts 2008-22,8 k €↑
2007
Annual accounts 2007-113,4 k €↓
2006
Annual accounts 2006140,8 k €
28/01/1986
IncorporationPrivate limited company

REAL ESTATE COMPANY

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