Equity
€201,912 ▲ 37.1%
Be-Real has made a profit without a break since 2016.
Be-Real
Lifetime
16 annual accounts with figures on one time axispeak €151,677 (2024)
€140,267▼ 7.5%
lowest -€23,755 (2014)
€54,680▲ 3.5%
peak €201,912 (2025)
€201,912▲ 37.1%
€660,435▲ 19.6%
Board2 names since 2020
2 directorsIVO BEEKE and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Equity from €147,232 to €201,912Debts from €552,362 to €660,435Investments €173,440Cash from €716 to €1,034
Key points
from the 2025 annual accountsDebts
€660,435 77% of the balance sheet
Financial debts 88%Suppliers 1%Taxes and wages 1%Other 11%
Of this, €82,348 falls due within a year.
Investments
€173,440 5.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 20.4% higher than in 2024.
Payment terms
19 days to suppliers
Be-Real pays its suppliers 23 days earlier than in 2024. Customers pay 26 days later.
Filings
16 annual accounts since 2010
The 2023 accounts came 31 days late. The other nine of the last ten were filed on time.
Position in the sector
€54,680
Higher net result than 83% of companies in real estate. Sector median €5,994 · 17,181 companies.
Checked score
71
Healthy
Financially stronger than 58% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 1.0%▲ +0.1 percentage points vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025highest value
07-2025: 0.8%▼ -0.2 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.7%▼ -0.1 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.8%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 0.8%▼ -0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%▼ -0.3 percentage points vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026lowest value
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.39, cash €1,034
1 of the last 3 accounts late
lowers risk
Size: turnover €250,840, total assets €862,347
Figures for financial year 2025 (filed on 09-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 43% of them on solvency, 51% on liquidity, 82% on profitability and 55% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as Be-Real has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of Be-Real itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for Be-Real. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.08 in 2024), below 1. Short-term debt is 9.5% and cash 0.1% of total assets. 76.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2024
58 days early
2023
31 days late
2022
46 days early
2021
32 days early
2020
11 days early
2019
94 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
GN
Goovaerts Natalie
Director
- Ivo Beeke 70%annual accounts 2018
- Natalie Goovaerts 30%annual accounts 2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0824565128
First establishment
Jozef De Bomstraat 57, Antwerp
Incorporation
published on 14-04-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Be-Real Antwerp | €250,840 | 39.0% | 23.4% | - |
| Go-Real Antwerp | €165,886 | 25.1% | 13.4% | - |
| Excelsior Projects Rumst | €821,676 | 6.6% | 38.3% | - |
| Belgian Cycling Management Meerhout | - | - | 83.3% | - |
| VERONIMMO Hove | - | - | 55.0% | - |
| VF VASTGOED Lier | - | - | 27.5% | - |
| SALVA Hulshout | - | - | 2.4% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Be-Real: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €731,000 and €952,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 22-03-2010Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.187.056.5252018 Antwerp, since 26-04-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €862,347▲ 23.3%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on Be-Real
Be-Real files the micro format. That format states no turnover. The gross margin rose from €27,643 in 2010 to €140,267 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Be-Real
- What is the company number of Be-Real?
- The company number of Be-Real is 0824.565.128. The VAT number is the same number with BE in front: BE 0824.565.128.
- Where is Be-Real based?
- The registered office is at Jozef De Bomstraat 57, 2018 Antwerp.Company details
- What does Be-Real do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Be-Real?
- Be-Real is a private limited company (BV).
- When was Be-Real founded?
- Be-Real was founded on 22-03-2010.
- Is Be-Real still active?
- Yes, Be-Real is an active enterprise in the KBO register.
- What is the turnover of Be-Real?
- The turnover of Be-Real was €250,840 in financial year 2025, according to the filed annual accounts.Financials
- Is Be-Real profitable?
- In financial year 2025, Be-Real made a profit of €54,680.
- Where can I find the annual accounts of Be-Real?
- Be-Real filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Be-Real due?
- Be-Real must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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