ACTIVE

Sources Property

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Financial year 2025 · closed on 31/12/2025

Net result

4,6 k €

-98.1% YoY

Gross margin

-2,4 k €

-100.7% YoY

Equity

669,2 k €

+0.7% YoY

What does Sources Property do?

Sources Property is a Private limited company incorporated in 2016. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0668.437.490

Incorporation

23/12/2016

Legal form

Private limited company

Registered office

Boulevard de Waterloo 16
1000 Bruxelles · BruxellesSee on map

Contributed capital

220 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	-2,4 k €	-101%	336 k €	+8817%	-3,9 k €	-103%	129,9 k €	+406%	25,7 k €	-88.3%	219,4 k €	+7668%	-2,9 k €	-1.5%	-2,9 k €	-15.0%	-2,5 k €
EBITDA	-2,8 k €	-101%	335,6 k €	+7070%	-4,8 k €	-104%	128,7 k €	+419%	24,8 k €	-88.7%	218,5 k €	+5812%	-3,8 k €	-17.2%	-3,3 k €	+0.7%	-3,3 k €
Operating result	-2,8 k €	-101%	335,6 k €	+7070%	-4,8 k €	-104%	128,7 k €	+429%	24,3 k €	-88.8%	218,1 k €	+5202%	-4,3 k €	-15.1%	-3,7 k €	+0.7%	-3,7 k €
Net result	4,6 k €	-98.1%	245,9 k €	+12968%	-1,9 k €	-102%	86,7 k €	+454%	15,7 k €	-90.4%	163,7 k €	+1849%	-9,4 k €	+58.2%	-22,4 k €	+33.6%	-33,7 k €
Balance sheet
Equity	669,2 k €	+0.7%	664,6 k €	+58.7%	418,7 k €	-0.5%	420,6 k €	+26.0%	333,9 k €	+4.9%	318,3 k €	+106%	154,5 k €	-5.7%	163,9 k €	-12.0%	186,3 k €
Total assets	677 k €	-11.1%	761,8 k €	+61.5%	471,6 k €	-1.6%	479,3 k €	-77.2%	2,1 M €	-11.9%	2,4 M €	-36.1%	3,7 M €	-23.9%	4,9 M €	+2.1%	4,8 M €
Cash	18,1 k €	+11766%	152,6 €	-98.8%	13,1 k €	-36.9%	20,8 k €	+202%	6,9 k €	-65.5%	20 k €	-72.4%	72,3 k €	+271%	19,5 k €	+187%	6,8 k €
Debts	836 €	-99.1%	90,2 k €	+96.5%	45,9 k €	-11.1%	51,7 k €	-96.6%	1,5 M €	-18.6%	1,9 M €	-45.6%	3,4 M €	-25.7%	4,6 M €	+1.3%	4,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Claude KANDIYOTI

Manager · since 06 octobre 2017

Active

Vincent DOUMIER

Manager · since 31 décembre 2016

Active

Ended mandates

Claude Isaac KANDIYOTI

Director · since 06 octobre 2017

Ended

Claude Isaac KANDIYOTI

Manager · since 06 octobre 2017

Ended

Patrick VEROUGSTRAETE

Manager · since 20 janvier 2017 · until 06 octobre 2017

Ended

Vincent Marie Eric Etien DOUMIER

Director · since 31 décembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
ACTALYS, NOTAIRES ASSOCIES● Active	0831.909.513
Amicale du Personnel de la Caisse Nationale de Crédit Professionnel● Active	0407.951.316
Association Familiale de Hemptinne● Active	0409.782.834
Boulevard De Waterloo 38● Active	0684.563.048
Caution Mutuelle des Travailleurs Indépendants● Liquidation	0403.259.682
CBRE● Active	0412.578.810
CBRE Company Management● Active	0846.226.218
CBRE Property and Asset Management● Active	0412.909.105
Comptoir de Dépots et de Crédit aux Classes Moyennes● Liquidation	0403.266.909
DE BROUCHOVEN DE BERGEYCK JOHN● Active	0789.756.479
Faconnable Belgique● Active	0433.029.279
HACKETT RETAIL BELGIUM● Active	0886.785.480
INSUROPE● Active	0542.953.144
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PERNOD RICARD BELGIUM● Active	0414.380.832
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TINTAGEL● Active	0668.575.765

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	01/01/2025	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	29/07/2026	20/08/2025	24/07/2024	26/07/2023	30/06/2022	04/08/2021
General meeting	06/05/2026	07/05/2025	02/05/2024	03/05/2023	04/05/2022	05/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/05/2026	29/07/2026	French	PDF
Abridged model	31/12/2024	07/05/2025	20/08/2025	French	PDF
Abridged model	31/12/2023	02/05/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	03/05/2023	26/07/2023	French	PDF
Abridged model	31/12/2021	04/05/2022	30/06/2022	French	PDF
Abridged model	31/12/2020	05/05/2021	04/08/2021	French	PDF
Abridged model	31/12/2019	06/05/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	02/05/2019	18/07/2019	French	PDF
Abridged model	31/12/2017	02/05/2018	19/06/2018	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Claude KANDIYOTI

Manager · since 06 octobre 2017

Active

Vincent DOUMIER

Manager · since 31 décembre 2016

Active

Ended mandates

Claude Isaac KANDIYOTI

Director · since 06 octobre 2017

Ended

Claude Isaac KANDIYOTI

Manager · since 06 octobre 2017

Ended

Patrick VEROUGSTRAETE

Manager · since 20 janvier 2017 · until 06 octobre 2017

Ended

Vincent Marie Eric Etien DOUMIER

Director · since 31 décembre 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office25/08/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Mandates23/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2017
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2016
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20254,6 k €↓
2024
Annual accounts 2024245,9 k €↑
2023
Annual accounts 2023-1,9 k €↓
2022
Annual accounts 202286,7 k €↑
2021
Annual accounts 202115,7 k €↓
2020
Annual accounts 2020163,7 k €↑
2019
Annual accounts 2019-9,4 k €↑
2018
Annual accounts 2018-22,4 k €↑
2017
Annual accounts 2017-33,7 k €
23/12/2016
IncorporationPrivate 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

Sources Property

Overview

What does Sources Property do?

Trend over 9 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