ACTIVE

BELGIAN REAL ESTATE FINANCE

Financial year 2025 · closed on 31/12/2025
Net result
304,5 k €
-89.7% YoY
Revenue
3 M €
-52.2% YoY
Equity
28,9 M €
+0.9% YoY

What does BELGIAN REAL ESTATE FINANCE do?

BELGIAN REAL ESTATE FINANCE is a Public limited company incorporated in 2017. Its main activity is: Buying and selling of own real estate. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.792.306
Incorporation
23/02/2017
Legal form
Public limited company
Registered office
Da Vincilaan 2 box 243
1930 Zaventem · FlandreSee on map
Contributed capital
1 050 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue3 M €6,2 M €3,1 M €3,7 M €10,6 M €
EBITDA1,4 M €4,6 M €1,8 M €3,1 M €9,6 M €3,9 M €2,2 M €-90,6 k €-67,5 k €
Operating result1,4 M €4,6 M €1,8 M €3,1 M €9,6 M €3,9 M €2,2 M €-90,6 k €-67,5 k €
Net result304,5 k €3 M €3,7 M €1,9 M €13,5 M €3,5 M €4,1 M €-209,9 k €-133,3 k €
Balance sheet
Equity28,9 M €28,7 M €26 M €22,5 M €20,7 M €8,3 M €4,8 M €706,8 k €916,7 k €
Total assets59,4 M €56,5 M €54,3 M €48,5 M €40 M €24,3 M €30,2 M €11,1 M €3,6 M €
Cash1,2 M €2,1 M €4,4 M €182,9 k €651,7 k €5,6 M €5,5 M €972,4 k €11,5 k €
Debts29,3 M €25,6 M €27,3 M €25,9 M €19 M €15,6 M €25,4 M €10,4 M €2,7 M €
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 31/12/2025 · 3 active · 3 ended

Active mandates

Aquilax

Director · since 01 juillet 2021 · until 01 juillet 2027 · 0755.331.773

Represented by Alexander VAN CANNEYT

Active
COROMANDEL

Director · since 01 juillet 2021 · until 01 juillet 2027 · 0737.791.797

Represented by Raquel VAN CANNEYT

Active
Bendalong

Managing director · since 15 décembre 2020 · until 01 juillet 2027 · 0658.729.176

Represented by Emmanuel Van Canneyt

Active

Ended mandates

Bendalong

Director · since 15 décembre 2020 · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
Bendalong

Director · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
Bendalong

Manager · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged 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 date06/07/202614/07/202517/07/202430/08/202324/08/202226/08/2021
General meeting30/06/202630/06/202530/06/202409/08/202305/08/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202606/07/2026DutchPDF
Full model31/12/202430/06/202514/07/2025DutchPDF
Full model31/12/202330/06/202417/07/2024DutchPDF
Full model31/12/202209/08/202330/08/2023DutchPDF
Full model31/12/202105/08/202224/08/2022DutchPDF
Abridged model31/12/202030/06/202126/08/2021DutchPDF
Abridged model31/12/201927/08/202029/09/2020DutchPDF
Abridged model31/12/201824/06/201929/08/2019DutchPDF
Abridged model31/12/201730/06/201828/08/2018DutchPDF
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 31/12/2025 · 3 active · 3 ended

Active mandates

Aquilax

Director · since 01 juillet 2021 · until 01 juillet 2027 · 0755.331.773

Represented by Alexander VAN CANNEYT

Active
COROMANDEL

Director · since 01 juillet 2021 · until 01 juillet 2027 · 0737.791.797

Represented by Raquel VAN CANNEYT

Active
Bendalong

Managing director · since 15 décembre 2020 · until 01 juillet 2027 · 0658.729.176

Represented by Emmanuel Van Canneyt

Active

Ended mandates

Bendalong

Director · since 15 décembre 2020 · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
Bendalong

Director · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
Bendalong

Manager · 0658.729.176

Represented by Emmanuel VAN CANNEYT

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/08/2017
    DIVERSEN
    PDF
  • Other27/02/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025304,5 k €
  2. 2024
    Annual accounts 20243 M €
  3. 01/10/2024
    nominationGROUPE AUDIT BELGIUM — commissaris
  4. 2023
    Annual accounts 20233,7 M €
  5. 2022
    Annual accounts 20221,9 M €
  6. 2021
    Annual accounts 202113,5 M €
  7. 2020
    Annual accounts 20203,5 M €
  8. 2019
    Annual accounts 20194,1 M €
  9. 2018
    Annual accounts 2018-209,9 k €
  10. 2017
    Annual accounts 2017-133,3 k €
  11. 23/02/2017
    IncorporationPublic limited company