Assist RE Development
ActiveSummary
Assist RE Development has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €7,370 and a net result of €7,158. Equity is shrinking by ~40.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023 · tick = 2022
Profitability38▲+2
Solvency25=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
0.2%
Return on assets
0.2%
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
55 d early
2022
on the day
2021
2 d early
2020
32 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€191,880
EBIT margin
55.3%
Net result
€7,158
2022 · -€29,893
Working capital
€42,341
2022 · -€8,814
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€191,880
Operating result€43,507-€56,564▲ 30.0%€76,830▲ 35.8%€106,070▲ 38.1%€257,885▲ 143%
Net result-€16,308--€17,705below the sector's middle half▼ 8.6%-€15,883below the sector's middle half▲ 10.3%-€29,893below the sector's middle half▼ 88.2%€7,158within the sector's middle half
EBIT margin55.3%
Equity€43,692-€45,987below the sector's middle half▲ 5.3%€30,104below the sector's middle half▼ 34.5%€212below the sector's middle half▼ 99.3%€7,370below the sector's middle half▲ 3,383%
Total assets€2.0m-€4.0mwithin the sector's middle half▲ 103%€4.4mwithin the sector's middle half▲ 11.0%€4.6mwithin the sector's middle half▲ 3.3%€4.5mwithin the sector's middle half▼ 2.3%
Debt€1.9m-€3.9m▲ 105%€4.4m▲ 11.5%€4.6m▲ 4.0%€4.5m▼ 2.4%
Working capital€58,844-€59,609within the sector's middle half▲ 1.3%€51,509within the sector's middle half▼ 13.6%-€8,814within the sector's middle half€42,341within the sector's middle half
Solvency2.2%-1.2%below the sector's middle half▼ 1.1pp0.7%below the sector's middle half▼ 0.5pp0.0%below the sector's middle half▼ 0.7pp0.2%below the sector's middle half▲ 0.2pp
Current ratio1.03-1.02within the sector's middle half▼ 0.021.01within the sector's middle half=1.00within the sector's middle half▼ 0.011.01within the sector's middle half▲ 0.01
Return on assets (ROA)-0.8%--0.4%within the sector's middle half▲ 0.4pp-0.4%within the sector's middle half▲ 0.1pp-0.7%within the sector's middle half▼ 0.3pp0.2%within the sector's middle half▲ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 143% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €4.5m
Equity
€7,370 ▲ 3,383%
Debt
€4.5m ▼ 2.4%
Debt's share of the balance-sheet total falls from 100.0% to 99.8%. Equity is higher and debt is lower.
Key figures and ratios
Quick ratio
0.01▼
2022 · 0.02
ROE
97.1%
Debt ≤ 1 year
€4.4m▼
2022 · €4.5m
Income taxes
€4,184
A ratio outside any meaningful range has been withheld (balance sheet total €4.5m, equity €7,370).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €191,880 | - | - |
| Non-recurring operating income76A | - | - | - | - | €287,998 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €419,908 | €125,959 | €118,689 | ▼ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €1,181 | €2,256 | €1,177 | ▼ 47.8% |
| Gross operating margin9900 | €44,744 | €57,242 | €78,011 | €108,326 | €259,062 | ▲ 139% |
| Operating profit (loss)9901 | €43,507 | €56,564 | €76,830 | €106,070 | €257,885 | ▲ 143% |
| Financial income75/76B | - | - | €4,892 | €9 | €25 | ▲ 169% |
| Recurring financial income75 | €427 | €21,681 | €4,892 | €9 | €25 | ▲ 169% |
| Financial charges65/66B | - | - | €97,605 | €135,972 | €246,567 | ▲ 81.3% |
| Recurring financial charges65 | €60,242 | €95,950 | €97,605 | €135,972 | €184,567 | ▲ 35.7% |
| Non-recurring financial charges66B | - | - | - | - | €62,000 | - |
| Profit (loss) for the period before taxes9903 | -€16,308 | -€17,705 | -€15,883 | -€29,893 | €11,343 | ▲ 138% |
| Income taxes67/77 | €0 | - | - | - | €4,184 | - |
| Profit (loss) for the period9904 | -€16,308 | -€17,705 | -€15,883 | -€29,893 | €7,158 | ▲ 124% |
| Profit (loss) for the period to be appropriated9905 | -€16,308 | -€17,705 | -€15,883 | -€29,893 | €7,158 | ▲ 124% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €4.0m | €4.4m | €4.6m | €4.5m | ▼ 2.3% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | - | - | - | €62,000 | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | €62,000 | - | - |
| Current assets29/58 | €2.0m | €4.0m | €4.4m | €4.5m | €4.5m | ▼ 0.9% |
| Stocks and contracts in progress3 | €0 | €3.9m | €4.4m | €4.4m | €4.4m | = |
| Contracts in progress37 | - | - | €4.4m | €4.4m | €4.4m | = |
| Amounts receivable within one year40/41 | €52,520 | €74,946 | €38,062 | €39,528 | €37,620 | ▼ 4.8% |
| Trade receivables40 | - | - | €34,156 | €34,156 | €29,753 | ▼ 12.9% |
| Other amounts receivable41 | - | - | €3,906 | €5,373 | €7,867 | ▲ 46.4% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,498 | €7,601 | - | €54,262 | €14,615 | ▼ 73.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €4.0m | €4.4m | €4.6m | €4.5m | ▼ 2.3% |
| Equity10/15 | €43,692 | €45,987 | €30,104 | €212 | €7,370 | ▲ 3,383% |
| Contributions10/11 | €60,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | - | - | €80,000 | €80,000 | €80,000 | = |
| Issued capital100 | - | - | €80,000 | €80,000 | €80,000 | = |
| Profit (loss) carried forward14 | -€16,308 | -€34,013 | -€49,896 | -€79,788 | -€72,630 | ▲ 9.0% |
| Amounts payable17/49 | €1.9m | €3.9m | €4.4m | €4.6m | €4.5m | ▼ 2.4% |
| Amounts payable within one year42/48 | €1.9m | €3.9m | €4.4m | €4.5m | €4.4m | ▼ 2.1% |
| Financial debts43 | - | - | €3.0m | €3.0m | €3.0m | = |
| Credit institutions430/8 | - | - | €3.0m | €3.0m | €3.0m | = |
| Trade debts44 | €242,541 | €170,465 | €93,336 | €17,507 | €29,388 | ▲ 67.9% |
| Suppliers440/4 | - | - | €93,336 | €17,507 | €29,388 | ▲ 67.9% |
| Advances received on contracts in progress46 | - | - | €178,648 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €4,184 | - |
| Taxes450/3 | - | - | - | - | €4,184 | - |
| Other amounts payable47/48 | - | - | €1.1m | €1.5m | €1.4m | ▼ 7.4% |
| Accrued charges and deferred income492/3 | - | - | €21,405 | €52,974 | €34,971 | ▼ 34.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,308 | -€17,705 | -€15,883 | -€29,893 | €7,158 | ▲ 124% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | -€16,308 | -€17,705 | -€15,883 | -€29,893 | €7,158 | ▲ 124% |
| Change in cash | - | €5,103 | - | - | -€39,647 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-06
State Gazette act
Reappointment: Jean-Marie de Buck van Overstraeten (sole director)2 facts ▸
State Gazette act
Reappointment: Jean-Marie de Buck van Overstraeten (sole director)
2 facts ▸
- General meeting, 28-05-2026
- Director reappointment, Jean-Marie de Buck van Overstraeten (sole director)
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €7,158
Net result €7,158 after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€29,893
Net result drops to -€29,893, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director
dE BUCK vAN OVERSTRAETEN Jean-Marie
CurrentSole director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Ground area
2.4 ha
Building footprint
2.9 ha
Volume, LiDAR
221,652 m³
Parcel 44074C0142/00B000, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
24
companies at this address
See who is registered here
1 establishment unit
Assist RE Development
since 20182.278.513.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0142/00B000 | Flanders | 2.4 ha | 1 · 2.9 ha | 14.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| dE BUCK vAN OVERSTRAETEN Jean-Marie |
|
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- ACLAGRO PROJECTS
- Assist RE Development
Highest known parent: ACLAGRO PROJECTS. The sources do not say who stands above it.
Owners 1
- ACLAGRO PROJECTSparent100%
Holdings 1
-
100%
According to the 2024 annual accounts of Assist RE Development and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded06-07-2018
Fiscal year end31-12
Abbreviation NL
Assist R.E.D.
Activities, NACEBEL 2025
68121Development of residential building projects
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699701778
Also
9925:BE0699701778
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.