Equity
€129.7m ▲ 3.2%
Development has made a profit without a break since 2011.
BESIX Real Estate Development
Part of the group
132 companies in 12 countries
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €58.2m (2017)
€11.8m▼ 35.9%
lowest -€1.4m (2008)
€4.0m▼ 65.9%
peak €129.7m (2025)
€129.7m▲ 3.2%
€166.8m▲ 15.7%
peak 33.7 FTE (2020)
27.3 FTE▼ 5.5%
Board32 names since 2004all names
10 directors and 9 others
Owners5 names in the annual accounts
100%
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Turnover from €18.5m to €11.8mResult from €11.7m to €4.0m1 director appointed, 4 reappointments 13-11Powers of attorney: , and 30 others 14-08Powers of attorney: , and 37 others 28-07Debts from €144.2m to €166.8m
Key points
from the 2025 annual accountsResult
€4.0m ▼ 65.9%
The result fell in 2025 from €11.7m to €4.0m.
Payment terms
307 days to suppliers
Development pays its suppliers 165 days later than in 2024. Customers pay 96 days later.
Filings
37 annual accounts 60 filings since 1989
Seven of the last ten came late. The 2024 accounts came latest: 116 days after the end of the period.
At the same address
106 companies
Position in the sector
€4.0m
Higher net result than 95% of companies in . Sector median €31,510 · 2,104 companies.
Standalone figures, without subsidiaries
Group, consolidated 2024: turnover €109.9m, result €1.9m
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as BESIX Real Estate Development has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 14,768 companies, not a prediction for BESIX Real Estate Development. 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
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Signals
Board and ownership
Chair
Director,
Director,
Director
Director,
Auditor,
- 100%equity €152.7m (2025) · 2025 annual accounts of
Shares in 6 companies, including and
Board & ownershipRecent changes
5 directors resigning, 3 reappointments
Resignations: , , , and · Reappointments: , and · General meeting of 24-09-2026 · Gazette deed
Environmental permit granted
Aanleg van nieuwe verkeersweg, Het reliëf van de bodem aanmerkelijk wijzigen · Provincie Limburg
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Gent
1 director appointed, 4 reappointments
Reappointments: , and (independent director) · Appointment: · Permanent representatives: , , and · General meeting of 30-09-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BESIX Real Estate Development Woluwe-Saint-Lambert | €11.8m | -51.2% | 43.8% | 27.3 |
| D'IETEREN IMMO Ixelles | €28.6m | 37.5% | 39.9% | 39.4 |
| Stadsontwikkeling Gent (sogent) Ghent | €13.1m | 5.7% | 62.1% | 58.7 |
| Nouveaux Entrepôts et Garages Brussels | €17.3m | 11.4% | 45.7% | - |
| Celsius Holding Belgium Brussels | €23.6m | 49.1% | 12.3% | - |
| ALINSO GROUP Ghent | €3.0m | - | 69.0% | 15 |
| HABITATIONS SUD-LUXEMBOURG Aubange | €5.4m | 12.0% | 60.4% | 24.1 |
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 Development: agency activities (NACE 68310). They are comparable in size and age: total assets between €54m and €330m, founded between 1968 and 2007.
Official details
Source: KBO- Status
- Active since 16-09-1988Normal situation
- Registered office
- 107 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 15 November 2026.
- Activity
- Real estate agency activitiesNACE 68310and 1 other
- Establishment unit
- 2.040.469.7291200 Woluwe-Saint-Lambert, since 07-10-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Companies linked to BESIX Real Estate Development
Subsidiaries and holdings
- 100%
- 50%
- 40%
Insights on BESIX Real Estate Development
Development has existed since 1988. Turnover fell from €39.2m in 2007 to €11.8m in 2025, while staff rose from 19.4 to 27.3 full-time equivalents.
Turnover has fallen every year since 2022.
holds all the shares.
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 BESIX Real Estate Development
- What is the company number of BESIX Real Estate Development?
- The company number of Development is 0435.351.341. The VAT number is the same number with BE in front: BE 0435.351.341.
- Where is BESIX Real Estate Development based?
- The registered office is at Gemeenschappenlaan 100, 1200 Woluwe-Saint-Lambert.Company details
- What does BESIX Real Estate Development do?
- According to the KBO register, the main activity is agency activities (NACE 68310).
- What is the legal form of BESIX Real Estate Development?
- Development is a public limited company (NV).
- When was BESIX Real Estate Development founded?
- Development was founded on 16-09-1988.
- Is BESIX Real Estate Development still active?
- Yes, Development is an active enterprise in the KBO register.
- How many employees does BESIX Real Estate Development have?
- Development had an average of 27.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BESIX Real Estate Development?
- The turnover of Development was €11.8m in financial year 2025, according to the filed annual accounts.
- Is BESIX Real Estate Development profitable?
- In financial year 2025, Development made a profit of €4.0m.
- Where can I find the annual accounts of BESIX Real Estate Development?
- Development filed 60 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BESIX Real Estate Development due?
- Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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