ACTIVE

GLOBAL REAL ESTATE INVESTMENT COMPANY

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Financial year 2025 · closed on 31/12/2025

Net result

144,3 k €

+195.4% YoY

Gross margin

126,5 k €

-2.6% YoY

Equity

1,7 M €

+9.5% YoY

Workforce

1,7 ETP

0.0% YoY

What does GLOBAL REAL ESTATE INVESTMENT COMPANY do?

GLOBAL REAL ESTATE INVESTMENT COMPANY is a Public limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.790.453

Incorporation

31/12/2008

Legal form

Public limited company

Registered office

Engelse Wandeling(Kor) 2K13V
8500 Kortrijk · FlandreSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Average workforce

1,7 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 69202Accounting, bookkeeping and auditing activities; tax consultancy 69209Accounting, bookkeeping and auditing activities; tax consultancy

Joint committees (1)

Signals

ProfitablePositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	126,5 k €	-2.6%	130 k €	-70.7%	443,6 k €	+166%	166,8 k €	+83.7%	90,8 k €	-72.2%	326,9 k €	-46.1%	606,8 k €	+187%	211,5 k €	+9.9%	192,5 k €	+68.4%	114,3 k €	-6.1%	121,7 k €	-18.0%	148,4 k €	-15.8%	176,2 k €	+109%	84,3 k €	+877%	-10,9 k €	+4.6%	-11,4 k €	-241%	-3,3 k €
EBITDA	-25,8 k €	-132%	-11,1 k €	-104%	299,7 k €	+584%	43,8 k €	+395%	-14,8 k €	-109%	166,2 k €	-65.9%	487,2 k €	+422%	93,4 k €	-37.9%	150,3 k €	+33.7%	112,5 k €	-7.3%	121,3 k €	-18.0%	147,9 k €	-15.9%	175,9 k €	+111%	83,4 k €	+813%	-11,7 k €	+0.9%	-11,8 k €	-186%	-4,1 k €
Operating result	-63,7 k €	+68.7%	-203,4 k €	-174%	273,8 k €	+1109%	22,6 k €	+222%	-18,6 k €	-111%	163,5 k €	-66.2%	484 k €	+436%	90,4 k €	-39.1%	148,5 k €	+32.0%	112,5 k €	-7.3%	121,3 k €	-17.8%	147,6 k €	-16.0%	175,6 k €	+111%	83,1 k €	+810%	-11,7 k €	+0.9%	-11,8 k €	-95.9%	-6 k €
Net result	144,3 k €	+195%	-151,4 k €	-160%	253,7 k €	+464%	45 k €	-27.4%	62 k €	-80.3%	314,1 k €	-38.1%	507,2 k €	+339%	115,5 k €	+124%	-481,6 k €	-391%	165,2 k €	-6.6%	176,9 k €	-0.2%	177,2 k €	-1.5%	179,8 k €	-62.4%	478,9 k €	+343%	108 k €	+148%	-224,5 k €	+79.3%	-1,1 M €
Balance sheet
Equity	1,7 M €	+9.5%	1,5 M €	-9.1%	1,7 M €	+15.0%	1,5 M €	+1.8%	1,4 M €	+3.0%	1,4 M €	+25.9%	1,1 M €	+83.6%	599,2 k €	+21.1%	494,9 k €	-49.3%	976,5 k €	+20.4%	811,3 k €	+27.9%	634,4 k €	+38.8%	457,2 k €	+64.8%	277,3 k €	+124%	-1,1 M €	+8.7%	-1,2 M €	-21.9%	-1 M €
Total assets	8 M €	+5.3%	7,6 M €	+3.7%	7,3 M €	+17.0%	6,2 M €	+0.2%	6,2 M €	+231%	1,9 M €	+31.1%	1,4 M €	+82.7%	786,2 k €	+12.8%	696,7 k €	-42.7%	1,2 M €	+14.8%	1,1 M €	+18.2%	897,1 k €	+89.1%	474,5 k €	+46.9%	322,9 k €	+319%	77 k €	-97.2%	2,8 M €	-11.4%	3,1 M €
Cash	7,9 k €	-56.0%	18,1 k €	-51.0%	36,8 k €	-18.3%	45,1 k €	-72.6%	164,4 k €	+103%	81 k €	+158%	31,4 k €	+552%	4,8 k €	-64.6%	13,6 k €	+1822%	707,6 €	-70.2%	2,4 k €	-82.3%	13,4 k €	-40.1%	22,4 k €	+230%	6,8 k €	-87.4%	53,7 k €	-98.0%	2,6 M €	+27841%	9,4 k €
Debts	6,3 M €	+4.3%	6 M €	+7.3%	5,6 M €	+17.4%	4,8 M €	-0.1%	4,8 M €	+862%	497,4 k €	+48.3%	335,3 k €	+83.8%	182,5 k €	-4.2%	190,5 k €	-18.2%	233,1 k €	-3.4%	241,2 k €	-7.0%	259,3 k €	+1395%	17,3 k €	-61.8%	45,4 k €	-96.3%	1,2 M €	-69.7%	4 M €	-3.2%	4,1 M €
Other
Workforce	1,7 ETP	0.0%	1,7 ETP	0.0%	1,7 ETP	0.0%	1,7 ETP	+6.2%	1,6 ETP	-46.7%	3,0 ETP	+42.9%	2,1 ETP	+40.0%	1,5 ETP	+15.4%	1,3 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 21 ended

Active mandates

ISHKA

Director · since 03 juin 2021 · 0443.725.411

Represented by DEVOLDER PIET

Active

Ended mandates

ISHKA

Director · since 07 juillet 2021 · 0443.725.411

Represented by Piet Devolder

Ended

ISHKA

Director · since 07 juillet 2021 · 0443.725.411

Represented by Piet Devolder

Ended

Piet Devolder

Director · since 06 juillet 2017 · until 07 juillet 2021

Ended

HP ADVIES

Director · since 06 mars 2017 · until 07 juillet 2021 · 0472.111.272

Represented by Piet Devolder

Ended

At this address

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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	31/08/2026	21/08/2025	30/08/2024	14/08/2023	30/08/2022	22/07/2021
General meeting	15/05/2026	16/05/2025	30/08/2024	07/08/2023	28/07/2022	16/07/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/05/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	07/08/2023	14/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/07/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	16/07/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	15/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	16/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	30/09/2010	29/10/2010	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 21 ended

Active mandates

ISHKA

Director · since 03 juin 2021 · 0443.725.411

Represented by DEVOLDER PIET

Active

Ended mandates

ISHKA

Director · since 07 juillet 2021 · 0443.725.411

Represented by Piet Devolder

Ended

ISHKA

Director · since 07 juillet 2021 · 0443.725.411

Represented by Piet Devolder

Ended

Piet Devolder

Director · since 06 juillet 2017 · until 07 juillet 2021

Ended

HP ADVIES

Director · since 06 mars 2017 · until 07 juillet 2021 · 0472.111.272

Represented by Piet Devolder

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/01/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/05/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/05/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/07/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025144,3 k €↑
2024
Annual accounts 2024-151,4 k €↓
2024
Name changeGLOBAL REAL ESTATE INVESTMENT COMPANY (GREIC)
2023
Annual accounts 2023253,7 k €↑
2023
Name changeGREIC
2022
Annual accounts 202245 k €↓
2021
Annual accounts 202162 k €↓
2021
Name changeGlobal Real Estate Investment Company
2020
Annual accounts 2020314,1 k €↓
2019
Annual accounts 2019507,2 k €↑
2018
Annual accounts 2018115,5 k €↑
2017
Annual accounts 2017-481,6 k €↓
2016
Annual accounts 2016165,2 k €↓
2015
Annual accounts 2015176,9 k €↓
2014
Annual accounts 2014177,2 k €↓
2013
Annual accounts 2013179,8 k €↓
2012
Annual accounts 2012478,9 k €↑
2011
Annual accounts 2011108 k €↑
2010
Annual accounts 2010-224,5 k €↑
2009
Annual accounts 2009-1,1 M €
31/12/2008
IncorporationPublic 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

GLOBAL REAL ESTATE INVESTMENT COMPANY

Overview

What does GLOBAL REAL ESTATE INVESTMENT COMPANY do?

Trend over 17 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