ACTIVE

BRUSSELS REAL ESTATE COMPANY

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Financial year 2025 · closed on 30/06/2025

Net result

1,8 M €

+10.4% YoY

Gross margin

2,0 M €

+3.5% YoY

Equity

7,8 M €

+30.6% YoY

What does BRUSSELS REAL ESTATE COMPANY do?

BRUSSELS REAL ESTATE COMPANY is a Public limited company incorporated in 1998. Its registered office is in Lummen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.952.474

Incorporation

21/12/1998

Legal form

Public limited company

Registered office

Gestelstraat 15
3560 Lummen · FlandreSee on map

Contributed capital

5 562 000,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,0 M €	+3.5%	2,0 M €	+1.0%	2,0 M €	+13.5%	1,7 M €	+4.8%	1,6 M €	+0.8%	1,6 M €	+3.0%	1,6 M €	+324%	372,5 k €	+630%	51,0 k €	-65.7%	148,7 k €	+2421%	-6,4 k €	-103%	214,9 k €	+2.9%	208,9 k €	+4.7%	199,6 k €	+302%	-98,6 k €	-9.0%	-90,4 k €	-38553%	-234,0 €	-100%	149,9 k €	+22270%	-676,0 €
EBITDA	1,9 M €	+3.6%	1,8 M €	+0.9%	1,8 M €	+10.6%	1,6 M €	+4.9%	1,6 M €	+0.6%	1,6 M €	+3.0%	1,5 M €	+120%	-7,7 M €	-33013%	-23,3 k €	-528%	5,4 k €	+175%	-7,3 k €	-308%	3,5 k €	+8.5%	3,2 k €	+242%	942,0 €	+100%	-292,6 k €	-222%	-90,8 k €	-2407%	-3,6 k €	-102%	149,5 k €	+22213%	-676,0 €
Operating result	1,9 M €	+3.6%	1,8 M €	+0.9%	1,8 M €	+10.6%	1,6 M €	+4.9%	1,6 M €	+0.6%	1,6 M €	+3.0%	1,5 M €	+120%	-7,7 M €	-33013%	-23,3 k €	-528%	5,4 k €	+175%	-7,3 k €	-308%	3,5 k €	+8.5%	3,2 k €	+242%	942,0 €	+100%	-292,6 k €	-222%	-90,8 k €	-2407%	-3,6 k €	-102%	149,5 k €	+22213%	-676,0 €
Net result	1,8 M €	+10.4%	1,7 M €	-5.2%	1,8 M €	+17.0%	1,5 M €	+15.9%	1,3 M €	-5.6%	1,4 M €	-8.4%	1,5 M €	+119%	-7,8 M €	-33186%	-23,4 k €	-538%	5,3 k €	+110%	-54,4 k €	+51.8%	-112,8 k €	-6.7%	-105,7 k €	+15.4%	-125,0 k €	+66.4%	-371,7 k €	-280%	-97,7 k €	-4426%	2,3 k €	-98.5%	148,6 k €	+2420%	-6,4 k €
Balance sheet
Equity	7,8 M €	+30.6%	6,0 M €	+38.4%	4,3 M €	+68.2%	2,6 M €	+140%	1,1 M €	+588%	-219,9 k €	+86.2%	-1,6 M €	+48.5%	-3,1 M €	-166%	4,7 M €	-0.5%	4,7 M €	+0.1%	4,7 M €	+748%	-727,9 k €	-18.3%	-615,2 k €	-20.7%	-509,5 k €	-32.5%	-384,5 k €	-2913%	-12,8 k €	-115%	85,0 k €	+2.7%	82,7 k €	+225%	-65,9 k €
Total assets	10,9 M €	+7.3%	10,2 M €	+7.6%	9,5 M €	+7.7%	8,8 M €	+5.0%	8,4 M €	+2.6%	8,2 M €	+3.4%	7,9 M €	+13.8%	6,9 M €	+46.7%	4,7 M €	+0.1%	4,7 M €	+0.1%	4,7 M €	+57.8%	3,0 M €	+0.1%	3,0 M €	-0.1%	3,0 M €	+0.0%	3,0 M €	+280%	787,2 k €	+780%	89,5 k €	-59.1%	218,5 k €	+274%	58,5 k €
Cash	2,7 M €	+38.6%	1,9 M €	+31.4%	1,5 M €	+11.4%	1,3 M €	+200%	442,7 k €	-69.7%	1,5 M €	+19.8%	1,2 M €	+14492%	8,4 k €	+0.3%	8,3 k €	-86.9%	63,4 k €	-68.3%	200,1 k €	+4441%	4,4 k €	+73.0%	2,5 k €	-56.7%	5,9 k €	+1.0%	5,8 k €	+32.4%	4,4 k €	+838%	469,0 €	+27.8%	367,0 €	+256%	103,0 €
Debts	3,1 M €	-26.0%	4,2 M €	-18.3%	5,1 M €	-17.4%	6,2 M €	-14.8%	7,3 M €	-12.9%	8,4 M €	-11.6%	9,5 M €	-5.4%	10,0 M €	+37314%	26,8 k €	+9465%	280,0 €		–		3,7 M €	+3.2%	3,6 M €	+3.0%	3,5 M €	+3.6%	3,4 M €	+322%	800,0 k €	+17678%	4,5 k €	-96.1%	114,8 k €	0.0%	114,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 18 ended

Active mandates

Marie JASPERS

Director · since 01 janvier 2023 · until 31 décembre 2028

Active

Anita VAN WAUWE

Director · since 09 juin 2021 · until 09 juin 2027

Active

Marina REYNDERS

Director · since 09 juin 2021 · until 09 juin 2027

Active

Ended mandates

Anita Van Wauwe

Managing director · since 09 juin 2021

Ended

Karen Kelchtermans

Director · since 09 juin 2021

Ended

Karen KELCHTERMANS

Director · since 09 juin 2021 · until 01 janvier 2023

Ended

Karen KELCHTERMANS

Director · since 09 juin 2021 · until 09 juin 2027

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/01/2026	24/01/2025	22/12/2023	23/12/2022	29/12/2021	30/12/2020
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	23/01/2026	Dutch	PDF
Abridged model	30/06/2024	29/11/2024	24/01/2025	Dutch	PDF
Abridged model	30/06/2023	24/11/2023	22/12/2023	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	23/12/2022	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	29/12/2021	Dutch	PDF
Abridged model	30/06/2020	27/11/2020	30/12/2020	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	17/12/2019	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	17/12/2018	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	25/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	13/01/2017	Dutch	PDF
Abridged model	30/06/2015	30/11/2015	02/12/2015	Dutch	PDF
Abridged model	30/06/2014	30/09/2014	12/12/2014	Dutch	PDF
Abridged model	30/06/2013	30/11/2013	11/12/2013	Dutch	PDF
Abridged model	30/06/2012	30/11/2012	17/12/2012	Dutch	PDF
Abridged model	30/06/2011	30/11/2011	16/12/2011	Dutch	PDF
Abridged model	30/06/2010	09/12/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	13/12/2009	25/02/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	09/02/2009	Dutch	PDF
Abridged model	30/06/2007	10/12/2007	19/02/2008	Dutch	PDF
Abridged model	30/06/2006	21/12/2006	14/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 18 ended

Active mandates

Marie JASPERS

Director · since 01 janvier 2023 · until 31 décembre 2028

Active

Anita VAN WAUWE

Director · since 09 juin 2021 · until 09 juin 2027

Active

Marina REYNDERS

Director · since 09 juin 2021 · until 09 juin 2027

Active

Ended mandates

Anita Van Wauwe

Managing director · since 09 juin 2021

Ended

Karen Kelchtermans

Director · since 09 juin 2021

Ended

Karen KELCHTERMANS

Director · since 09 juin 2021 · until 01 janvier 2023

Ended

Karen KELCHTERMANS

Director · since 09 juin 2021 · until 09 juin 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other14/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/02/2015
KAPITAAL - AANDELEN
PDF
Registered office25/03/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/02/2010
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,8 M €↑
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20231,8 M €↑
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 20211,3 M €↓
2020
Annual accounts 20201,4 M €↓
2019
Annual accounts 20191,5 M €↑
2018
Annual accounts 2018-7,8 M €↓
2017
Annual accounts 2017-23,4 k €↓
2016
Annual accounts 20165,3 k €↑
2015
Annual accounts 2015-54,4 k €↑
2014
Annual accounts 2014-112,8 k €↓
2013
Annual accounts 2013-105,7 k €↑
2012
Annual accounts 2012-125,0 k €↑
2011
Annual accounts 2011-371,7 k €↓
2010
Annual accounts 2010-97,7 k €↓
2009
Annual accounts 20092,3 k €↓
2008
Annual accounts 2008148,6 k €↑
2007
Annual accounts 2007-6,4 k €
21/12/1998
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BRUSSELS REAL ESTATE COMPANY

Overview

What does BRUSSELS REAL ESTATE COMPANY do?

Trend over 19 financial years

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