ACTIVE

Operational Real Estate

Financial year 2025 · Closed on 31/12/2025

Net result-1,2 M €-317,4 %over 1 year
Revenue1,3 M €+16,3 %over 1 year
Equity-996,3 k €-526,2 %over 1 year

Identity

Source · BCE/KBO

Operational Real Estate is a Public limited company incorporated in 2021. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0777.424.415
Incorporation
17/11/2021
Legal form
Public limited company
Registered office
Luchthaven Brussel Nationaal 1 M
1930 Zaventem · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
Good liquidityPositive EBITDAHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue1,3 M €1,1 M €159,1 k €–
EBITDA1 M €1,4 M €98,3 k €-40,1 k €
Operating result361,8 k €838,3 k €98,3 k €-40,1 k €
Net result-1,2 M €565,8 k €-329 k €-64,5 k €
Balance sheet
Equity-996,3 k €233,7 k €-332 k €-3 k €
Total assets17 M €18,3 M €17,6 M €4,5 M €
Cash42,6 k €1,2 k €142,2 k €224,1 k €
Debts17,2 M €17,7 M €17,5 M €3,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Geert AERTS

Director · since 14 mai 2024 · until 11 mai 2027

Active
Arnaud FEIST

Director · since 09 novembre 2021 · until 11 mai 2027

Active
Davy VREYS

Director · since 09 novembre 2021 · until 11 mai 2027

Active

Ended mandates

Marleen VANDENDRIESSCHE

Director · since 09 novembre 2021 · until 14 mai 2024

Ended
Marleen VANDENDRIESSCHE

Director · since 09 novembre 2021 · until 11 mai 2027

Ended
Piet DEMUNTER

Director · since 09 novembre 2021 · until 13 février 2023

Ended
Piet DEMUNTER

Director · since 09 novembre 2021 · until 11 mai 2027

Ended

Other companies at this address

Luchthaven Brussel Nationaal 1 M 1930 Zaventem
CompanyCBE no.
1038.958.486
0700.641.490
0700.664.949

Full financial information

Source · NBB
2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202309/11/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months14 months
Filing date24/06/202627/05/202520/06/202423/06/2023
General meeting12/05/202613/05/202514/05/202409/05/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202624/06/2026DutchPDF
Full model31/12/202413/05/202527/05/2025DutchPDF
Full model31/12/202314/05/202420/06/2024DutchPDF
Full model31/12/202209/05/202323/06/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Geert AERTS

Director · since 14 mai 2024 · until 11 mai 2027

Active
Arnaud FEIST

Director · since 09 novembre 2021 · until 11 mai 2027

Active
Davy VREYS

Director · since 09 novembre 2021 · until 11 mai 2027

Active

Ended mandates

Marleen VANDENDRIESSCHE

Director · since 09 novembre 2021 · until 14 mai 2024

Ended
Marleen VANDENDRIESSCHE

Director · since 09 novembre 2021 · until 11 mai 2027

Ended
Piet DEMUNTER

Director · since 09 novembre 2021 · until 13 février 2023

Ended
Piet DEMUNTER

Director · since 09 novembre 2021 · until 11 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/11/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025-1,2 M €↓
  2. 2024
    Annual accounts 2024565,8 k €↑
  3. 2023
    Annual accounts 2023-329 k €↓
  4. 2022
    Annual accounts 2022-64,5 k €
  5. 17/11/2021
    IncorporationPublic limited company