ACTIVE

Downtown Real Estate

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Financial year 2025 · closed on 31/12/2025
Net result
43,6 k €
+101.8% YoY
Gross margin
-6,6 k €
-101.8% YoY
Equity
2 M €
-26.6% YoY

What does Downtown Real Estate do?

Downtown Real Estate is a Public limited company incorporated in 2017. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.436.725
Incorporation
31/05/2017
Legal form
Public limited company
Registered office
Avenue Louise 235
1050 Ixelles · BruxellesSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-6,6 k €369,9 k €2,2 M €-149,2 k €-733,8 k €-623,6 k €14,4 M €-184,8 k €
EBITDA-11,4 k €-2,3 M €2,1 M €-297,9 k €-906,8 k €-726 k €14 M €-186,1 k €
Operating result-19,9 k €-2,3 M €2,1 M €-312,9 k €-921,8 k €-736,3 k €14 M €-193,9 k €
Net result43,6 k €-2,4 M €2,5 M €947,6 k €-710,3 k €-546,8 k €14,3 M €407,7 k €
Balance sheet
Equity2 M €2,8 M €5,2 M €9,8 M €8,9 M €9,6 M €15,1 M €807,7 k €
Total assets2,3 M €2,8 M €9,8 M €14,1 M €12,3 M €9,7 M €15,4 M €5,8 M €
Cash23,4 k €571,5 k €757,3 k €6,8 M €1,4 M €4,3 M €7 M €287,1 k €
Debts227,7 k €96,8 €4,3 M €4,1 M €3,4 M €104,8 k €320,8 k €4,9 M €
Other
Workforce–0,0 ETP0,8 ETP1,8 ETP1,8 ETP1,8 ETP1,8 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

ASTUS

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0891.375.461

Represented by Alexandre Steijns

Active
Green Mill

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0676.432.567

Represented by Jan De Kuyper

Active

Ended mandates

Mathieu Gijbels

Director · since 27 avril 2022 · until 27 février 2023

Ended
Serge Hannecart

Director · since 27 avril 2022 · until 27 février 2023

Ended
ASTUS

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0891.375.461

Represented by Steijns ALEXANDRE

Ended
ASTUS

Managing director · since 30 mai 2017 · until 27 avril 2022 · 0891.375.461

Represented by Alexandre Steijns

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/06/202629/08/202530/07/202407/06/202303/06/202216/06/2021
General meeting17/06/202629/08/202529/07/202430/05/202301/06/202219/05/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202626/06/2026DutchPDF
Abridged model31/12/202429/08/202529/08/2025DutchPDF
Abridged model31/12/202329/07/202430/07/2024DutchPDF
Abridged model31/12/202230/05/202307/06/2023DutchPDF
Abridged model31/12/202101/06/202203/06/2022DutchPDF
Abridged model31/12/202019/05/202116/06/2021DutchPDF
Abridged model31/12/201929/04/202006/05/2020DutchPDF
Abridged model31/12/201824/04/201926/06/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 12 ended

Active mandates

ASTUS

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0891.375.461

Represented by Alexandre Steijns

Active
Green Mill

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0676.432.567

Represented by Jan De Kuyper

Active

Ended mandates

Mathieu Gijbels

Director · since 27 avril 2022 · until 27 février 2023

Ended
Serge Hannecart

Director · since 27 avril 2022 · until 27 février 2023

Ended
ASTUS

Managing director · since 30 mai 2017 · until 26 avril 2028 · 0891.375.461

Represented by Steijns ALEXANDRE

Ended
ASTUS

Managing director · since 30 mai 2017 · until 27 avril 2022 · 0891.375.461

Represented by Alexandre Steijns

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/07/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/06/2017
    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 202543,6 k €↑
  2. 2024
    Annual accounts 2024-2,4 M €↓
  3. 2023
    Annual accounts 20232,5 M €↑
  4. 2022
    Annual accounts 2022947,6 k €↑
  5. 2021
    Annual accounts 2021-710,3 k €↓
  6. 2020
    Annual accounts 2020-546,8 k €↓
  7. 2019
    Annual accounts 201914,3 M €↑
  8. 2018
    Annual accounts 2018407,7 k €
  9. 31/05/2017
    IncorporationPublic limited company