ACTIVE

BRUSSELS REAL ESTATE COMPANY

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Financial year 2025 · Closed on 30/06/2025

Net result1,8 M €+10,4 %over 1 year

Gross margin2 M €+3,5 %over 1 year

Equity7,8 M €+30,6 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2 M €	+3.5%	2 M €	+1.0%	2 M €	+13.5%	1,7 M €	+4.8%	1,6 M €
EBITDA	1,9 M €	+3.6%	1,8 M €	+0.9%	1,8 M €	+10.6%	1,6 M €	+4.9%	1,6 M €
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 €
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 €
Balance sheet
Equity	7,8 M €	+30.6%	6 M €	+38.4%	4,3 M €	+68.2%	2,6 M €	+140%	1,1 M €
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 €
Cash	2,7 M €	+38.6%	1,9 M €	+31.4%	1,5 M €	+11.4%	1,3 M €	+200%	442,7 k €
Debts	3,1 M €	-26.0%	4,2 M €	-18.3%	5,1 M €	-17.4%	6,2 M €	-14.8%	7,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marie JASPERS	Director01/01/2023 → 31/12/2028
Anita Van Wauwe	Director09/06/2021 → 09/06/2027Managing director26/06/2009 → 2016 accountsended
Marina Reynders	Director04/01/2010 → 09/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karen Kelchtermans	Director10/06/2015 → 2016 accounts

Other companies at this address

Gestelstraat 15 3560 Lummen

Company	CBE no.
ANHAB INVEST● Active	0861.818.472
ARGEUS● Active	0842.680.570
ARGEÜS GROUP● Active	0842.117.970
GN Projects● Active	0766.513.992
PADA INVEST● Active	0479.568.196
S&S Solutions● Bankrupt	0810.194.280
SUBSKRIBO● Bankrupt	0753.953.284
VN PRODUCTS & SOLUTIONS● Active	0885.666.616

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

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

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marie JASPERS	Director01/01/2023 → 31/12/2028
Anita Van Wauwe	Director09/06/2021 → 09/06/2027Managing director26/06/2009 → 2016 accountsended
Marina Reynders	Director04/01/2010 → 09/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karen Kelchtermans	Director10/06/2015 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

Filings19 filings

Mandates

Marie JASPERS

Marina REYNDERS

Anita VAN WAUWE

Karen KELCHTERMANS

TRANSINFA

Arch - Invest

Michel Jaspers

1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

BRUSSELS REAL ESTATE COMPANY

Gestelstraat 15, 3560 LummenThonissenlaan 75, 3500 Hasselt

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gestelstraat 15, 3560 LummenCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00013755
Thonissenlaan 75, 3500 Hasselt	accounts 2022 → 2023	Accounts 2023 · 2023-00535607

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BRUSSELS REAL ESTATE COMPANYCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00013755

Events

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 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

BRUSSELS 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