ACTIVE

FAIR ESTATE

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Financial year 2025 · Closed on 31/12/2025

Net result-480,2 k €-28,1 %over 1 year
Gross margin-381,7 k €-20,7 %over 1 year
Equity3,4 M €-12,6 %over 1 year
Workforce1,0 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

FAIR ESTATE is a Public limited company incorporated in 2012. Its main activity is: Development of building projects. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0845.412.210
Incorporation
20/04/2012
Legal form
Public limited company
Registered office
Avenue Louise 251
1050 Ixelles · BruxellesSee on map
Contributed capital
4 500 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin-381,7 k €-316,2 k €-128,9 k €-136,9 k €-83,7 k €
EBITDA-484,7 k €-412,1 k €-180,6 k €-141,1 k €-104,9 k €
Operating result-506,6 k €-435,3 k €-196,4 k €-153,5 k €-116 k €
Net result-480,2 k €-374,8 k €-139,3 k €-84,7 k €-31,2 k €
Balance sheet
Equity3,4 M €3,9 M €4,3 M €4,4 M €4,5 M €
Total assets7,1 M €5,3 M €5,3 M €4,8 M €5,5 M €
Cash141,6 k €32,5 k €545,5 k €1,1 M €1,3 M €
Debts3,7 M €1,4 M €997 k €424,6 k €992,1 k €
Other
Workforce1,0 ETP1,1 ETP1,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Agnès CALLEWAERT
Administratriceuntil 08/04/2031Director16/04/2012 → 2017 accountsended
Jean-Jacques DELENS
Directoruntil 14/04/2031Managing director12/04/2012 → 2017 accountsended
DELDEV0733.586.353Represented by Sébastien DELENS
Managing directoruntil 14/04/2031
Delto0734.476.575Represented by Thomas DELENS
Managing directoruntil 14/04/2031
Edouard HERINCKX
Directoruntil 31/12/2028
Olivier DELENS
Directoruntil 08/04/2031
ZOU20502.250.459Represented by Sophie LAMBRIGHS
Directoruntil 31/12/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Anne CORTIER
Director12/04/2012 → 2017 accounts
Benoit VELGE
Managing director12/04/2012 → 2017 accounts
Sébastien DELENS
Director2019 accounts
Thomas DELENS
Director2019 accounts

Other companies at this address

Avenue Louise 251 1050 Ixelles
CompanyCBE no.
1ère composante Marché ANTARES SLRB● Active
0799.774.205
ACTION EUROPE● Active
0644.409.404
Agathe De Brouwer Avocate● Active
0795.278.749
AGRECO● Active
0446.816.741
Agrer● Active
0400.501.419
AIRWINDSS● Active
0766.567.838
Alexandre Szmaj Investment● Active
0832.048.479
All Finances● Active
0447.483.764
ALTERNATIVE● Active
0899.280.466
ALT INVEST● Active
0752.740.883
Ambassade de la République Dominicaine● Active
1010.597.864
AMG TRANSPORT● Bankrupt
0688.942.696
A.M VIRTUAL OFFICE● Active
0686.777.222
AMY INVEST● Active
0794.550.952
ANTWERP SR● Active
0682.639.181
AQUASOURCA Belgique● Active
0841.140.646
AREK● Active
0703.875.451
ARTDEA● Active
1003.394.031
AS Leisure● Active
0786.486.886
Association Mediterranean Development Initiative ASBL● Active
0791.356.484

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2019
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 months18 months
Filing date29/04/202607/05/202515/05/202426/04/202311/05/202227/04/2021
General meeting21/04/202614/04/202515/04/202411/04/202312/04/202213/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202629/04/2026FrenchPDF
Abridged model31/12/202414/04/202507/05/2025FrenchPDF
Abridged model31/12/202315/04/202415/05/2024FrenchPDF
Abridged model31/12/202211/04/202326/04/2023FrenchPDF
Abridged model31/12/202112/04/202211/05/2022FrenchPDF
Abridged model31/12/202013/04/202127/04/2021FrenchPDF
Abridged model30/06/201908/10/201912/11/2019FrenchPDF
Abridged model30/06/201809/10/201809/11/2018FrenchPDF
Abridged model30/06/201710/10/201719/10/2017FrenchPDF
Abridged model30/06/201615/12/201621/12/2016FrenchPDF
Abridged model30/06/201530/11/201528/12/2015FrenchPDF
Abridged model30/06/201409/10/201414/11/2014FrenchPDF
Abridged model30/06/201308/10/201328/11/2013FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Agnès CALLEWAERT
Administratriceuntil 08/04/2031Director16/04/2012 → 2017 accountsended
Jean-Jacques DELENS
Directoruntil 14/04/2031Managing director12/04/2012 → 2017 accountsended
DELDEV0733.586.353Represented by Sébastien DELENS
Managing directoruntil 14/04/2031
Delto0734.476.575Represented by Thomas DELENS
Managing directoruntil 14/04/2031
Edouard HERINCKX
Directoruntil 31/12/2028
Olivier DELENS
Directoruntil 08/04/2031
ZOU20502.250.459Represented by Sophie LAMBRIGHS
Directoruntil 31/12/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Anne CORTIER
Director12/04/2012 → 2017 accounts
Benoit VELGE
Managing director12/04/2012 → 2017 accounts
Sébastien DELENS
Director2019 accounts
Thomas DELENS
Director2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/03/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other18/02/2026
    DIVERS
    PDF
  • Mandates02/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring31/08/2023
    DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/06/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares21/12/2021
    CAPITAL, ACTIONS
    PDF
  • Mandates06/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/04/2020
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
ZOU2
DELDEV
Delto
Agnès CALLEWAERT
Edouard HERINCKX
Olivier DELENS
Jean-Jacques DELENS
Benoit VELGE
Anne CORTIER
Sébastien DELENS
Thomas DELENS
20122013201420152016201720182019202020212022202320242025202620272028202920302031
FAIR ESTATE
Avenue Louise 251, 1050 Ixelles
Director
Managing director
Managing director
AdministratriceDirector
Director
Director
DirectorManaging director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Louise 251, 1050 IxellesCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00095867

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FAIR ESTATECurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00095867

Events

  1. 2025
    Annual accounts 2025-480,2 k €↓
  2. 2024
    Annual accounts 2024-374,8 k €↓
  3. 2023
    Annual accounts 2023-139,3 k €↓
  4. 2022
    Annual accounts 2022-84,7 k €↓
  5. 2021
    Annual accounts 2021-31,2 k €↑
  6. 2020
    Annual accounts 2020-91,6 k €↓
  7. 2019
    Annual accounts 2019-37,5 k €↓
  8. 2018
    Annual accounts 201884,7 k €↑
  9. 2017
    Annual accounts 201776,9 k €↑
  10. 2016
    Annual accounts 2016-80,7 k €↓
  11. 2015
    Annual accounts 2015193,8 k €↑
  12. 2014
    Annual accounts 2014-244 k €↓
  13. 2013
    Annual accounts 2013110,7 k €
  14. 20/04/2012
    IncorporationPublic limited company