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ASSISTANT REAL ESTATE

Active
Public limited companyfounded 199630 yrs activeLouizalaan 176, 1050 Elsene, BelgiumKBO/BCE: BE 0457.623.729

ASSISTANT REAL ESTATE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.50M and a net result of €1.93M. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 4512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+13
Solvency100▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1M at 30 days acceptable
Liquidity ample (current ratio 1.74 against 0.14 in 2024; short-term debt: 14.1% and cash: 0.8% of total assets), and 25.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.5%
Return on assets
11.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
on the day
2021
on the day
2020
30 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.93M▲ 929%
2024 · €187k
2018: €1.35M 2019: €179k 2020: €2.18M 2021: €880k 2022: €103k 2023: €519k 2024: €187k
2018 → 2025
Working capital
€1.75M
2024 · €-2.21M
2018: €-7.15M 2019: €-8.25M 2020: €-6.66M 2021: €-5.91M 2022: €-4.91M 2023: €-2.45M 2024: €-2.21M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€10.11M-€10.21M▲ 1.0%€10.73M▲ 5.1%€10.79M▲ 0.5%€12.50M▲ 15.8%
Operating result€1.29M-€279k▼ 78.4%€895k▲ 220%€368k▼ 58.9%€2.62M▲ 613%
Net result€880k-€103k▼ 88.3%€519k▲ 406%€187k▼ 63.9%€1.93M▲ 929%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €1.29M€1.29MNet result 2021: €880k€880kOperating result 2022: €279k€279kNet result 2022: €103k€103kOperating result 2023: €895k€895kNet result 2023: €519k€519kOperating result 2024: €368k€368kNet result 2024: €187k€187kOperating result 2025: €2.62M€2.62MNet result 2025: €1.93M€1.93M20212022202320242025
The operating result recovers in 2025; 2025 is 613% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.77M
Fixed assets €12.65M▼ 12.6%
Current assets €4.12M▲ 1,041%
Equity and liabilities €16.77M
Equity €12.50M▲ 15.8%
Provisions €1.85M▲ 37.6%
Debt €2.43M▼ 10.5%
The debt ratio falls from 18.3% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.92M
2024 · €1.67M
Cash flow
€3.23M
2024 · €1.49M
Solvency
74.5%
2024 · 72.7%
Current ratio
1.74
2024 · 0.14
Quick ratio
1.74
2024 · 0.14
Debt / equity
0.19
2024 · 0.25
ROE
15.4%
2024 · 1.7%
ROA
11.5%
2024 · 1.3%
Interest coverage
35.39
2024 · 12.14
Debt
€2.43M
2024 · €2.71M
Debt ≤ 1 year
€2.37M
2024 · €2.57M
Income taxes
€106k
2024 · €124k
Staff costs
€34k
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€14.84M€16.77M
Fixed assets21/28€14.48M€12.65M
Intangible fixed assets21€1.14M€1.14M=
Tangible fixed assets22/27€13.34M€11.51M
Land and buildings22€12.95M€10.77M
Plant, machinery and equipment23€7k€6k
Furniture and vehicles24€69k€44k
Assets under construction and advance payments27€312k€692k
Financial fixed assets28€2k€2k=
Current assets29/58€361k€4.12M
Amounts receivable within one year40/41€169k€43k
Trade receivables40-€93
Other amounts receivable41€169k€43k
Current investments50/53€123k€3.92M
Cash at bank and in hand54/58€55k€129k
Deferred charges and accrued income490/1€14k€23k
Equity and liabilities
Total equity and liabilities10/49€14.84M€16.77M
Equity10/15€10.79M€12.50M
Contributions10/11€3.22M€3.22M=
Capital10€3.22M€3.22M=
Issued capital100€3.22M€3.22M=
Reserves13€7.57M€9.27M
Non-distributable reserves130/1€216k€236k
Legal reserve130€216k€236k
Tax-exempt reserves132€3.59M€5.13M
Distributable reserves133€3.76M€3.91M
Provisions and deferred taxes16€1.34M€1.85M
Provisions for liabilities and charges160/5€40k€40k=
Major repairs and maintenance162€40k€40k=
Deferred taxes168€1.30M€1.81M
Amounts payable17/49€2.71M€2.43M
Amounts payable within one year42/48€2.57M€2.37M
Financial debts43€367k€73k
Credit institutions430/8€318k-
Other loans439€49k€73k
Trade debts44€15k€9k
Suppliers440/4€15k€9k
Taxes, remuneration and social security45€42k€19k
Taxes450/3€30k€7k
Remuneration and social security454/9€12k€12k
Other amounts payable47/48€2.15M€2.27M
Accrued charges and deferred income492/3€135k€53k
Income statement Code20242025
Non-recurring operating income76A-€2.47M
Remuneration, social security and pensions62€32k€34k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.30M€1.30M
Other operating charges640/8€155k€163k
Non-recurring operating charges66A-€94
Gross operating margin9900€1.85M€4.12M
Operating profit (loss)9901€368k€2.62M
Financial income75/76B€5k€31k
Recurring financial income75€5k€31k
Financial charges65/66B€137k€111k
Recurring financial charges65€137k€111k
Profit (loss) for the period before taxes9903€235k€2.54M
Transfer from deferred taxes780€76k€76k=
Transfer to deferred taxes680-€581k
Income taxes67/77€124k€106k
Profit (loss) for the period9904€187k€1.93M
Transfer from tax-exempt reserves789€206k€206k=
Transfer to tax-exempt reserves689-€1.74M
Profit (loss) for the period to be appropriated9905€394k€393k
Appropriation of the result
Profit (loss) to be appropriated9906€3.90M€393k
Profit (loss) brought forward from the previous period14P€3.51M-
Transfer from equity791/2-€221k
Transfer to equity691/2€3.78M€393k
To the legal reserve6920€20k€20k
To other reserves6921€3.76M€373k
Profit to be distributed694/7€129k€221k
Return on contributions (dividend)694€129k€221k
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Liquidity times 12current ratio 1.74
Current ratio from 0.14 to 1.74; short-term debt falls from €2.57M to €2.37M.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €103k ▼88.3%
Net result drops to €103k, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €10MEq €10.11M ▲9.5%
4 profitable years in a row build equity to €10.11M.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial Highest result since 2018net €2.18M ▲1118%
Net result €2.18M, the highest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1996
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizalaan 1761050 Elsene
Ground area
396 m²
Building footprint
273 m²
Volume, LiDAR
6,107 m³
Parcel 21807G0111/00G000, Brussels · tallest building 36.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 176, 1050 Elsene
Insurance, reinsurance and pension funding, except compulsory social security
since 19962.077.215.507
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0111/00G000 Brussels 396 m² 1 · 273 m² 36.8 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

875500RJ3MMHMD4JPD72
live in the LEI register

Similar companies · same sector, comparable size

Of 12,016 companies in sector 68203 we hold annual accounts for 5,983. 1,652 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded28-03-1996
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.