CURALEASE
ActiveSummary
CURALEASE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29.18M and a net result of €-12.83M. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 80% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▲+10
Solvency98▼-2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.83 in 2023; short-term debt: 1.8% and cash: 0.3% of total assets), and 27% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
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 18-06-2025, 43 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
34 d early
2022
23 d late
2021
31 d late
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€1.21M
EBIT margin
47.5%
Net result
€-12.83M
2023 · €89k
2021: €-27k
2022: €67k▲ +353% vs 2021
2023: €89k▲ +32.2% vs 2022highest in 4 years
2024: €-12.83M▼ -14502% vs 2023lowest in 4 years
2021 → 2024
Working capital
€-152k▼ 28.3%
2023 · €-118k
2021: €-715klowest in 4 years
2022: €-432k▲ +39.5% vs 2021
2023: €-118k▲ +72.7% vs 2022highest in 4 years
2024: €-152k▼ -28.3% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€1.21M
Equity€41.86M-€41.92M▲ 0.2%€42.01M▲ 0.2%€29.18M▼ 30.5%
2021: €41.86M
2022: €41.92M▲ +0.2% vs 2021
2023: €42.01M▲ +0.2% vs 2022highest in 4 years
2024: €29.18M▼ -30.5% vs 2023lowest in 4 years
Operating result€401k-€479k▲ 19.4%€563k▲ 17.4%€576k▲ 2.3%
2021: €401klowest in 4 years
2022: €479k▲ +19.4% vs 2021
2023: €563k▲ +17.4% vs 2022
2024: €576k▲ +2.3% vs 2023highest in 4 years
Net result€-27k-€67k€89k▲ 32.2%€-12.83M
2021: €-27k
2022: €67k▲ +353% vs 2021
2023: €89k▲ +32.2% vs 2022highest in 4 years
2024: €-12.83M▼ -14502% vs 2023lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39.95M
Fixed assets
€39.38M ▼ 28.2%
Current assets
€564k ▼ 0.8%
Equity and liabilities €39.95M
Equity
€29.18M ▼ 30.5%
Debt
€10.77M ▼ 19.5%
Debt's share of the balance-sheet total rises from 24.1% to 27.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.34M▲
2023 · €1.33M
Cash flow
€-12.07M▼
2023 · €856k
Current ratio
0.79▼
2023 · 0.83
Debt to equity
0.37▲
2023 · 0.32
ROE
-44.0%▼
2023 · 0.2%
ROA
-32.1%▼
2023 · 0.2%
Interest coverage
3.67▲
2023 · 3.03
Debt ≤ 1 year
€715k▲
2023 · €686k
Debt > 1 year
€8.48M▼
2023 · €10.86M
Income taxes
€53k▲
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€55.39M€39.95M▼
Fixed assets21/28€54.82M€39.38M▼
Tangible fixed assets22/27€13.85M€13.08M▼
Land and buildings22€200k€197k▼
Leasing and similar rights25€7.56M€6.80M▼
Other tangible fixed assets26€6.09M€6.09M=
Financial fixed assets28€40.97M€26.30M▼
Current assets29/58€568k€564k▼
Amounts receivable within one year40/41-€52k
Trade receivables40-€52k
Current investments50/53€250k€400k▲
Cash at bank and in hand54/58€318k€111k▼
Equity and liabilities
Total equity and liabilities10/49€55.39M€39.95M▼
Equity10/15€42.01M€29.18M▼
Contributions10/11€39.02M€39.02M=
Capital10€39.02M€39.02M=
Issued capital100€39.02M€39.02M=
Reserves13€87k€87k=
Non-distributable reserves130/1€62k€62k=
Legal reserve130€62k€62k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€2.91M€-9.93M▼
Amounts payable17/49€13.37M€10.77M▼
Amounts payable after more than one year17€10.86M€8.48M▼
Financial debts170/4€7.41M€6.75M▼
Other amounts payable178/9€3.44M€1.73M▼
Amounts payable within one year42/48€686k€715k▲
Current portion of amounts payable after more than one year42€637k€662k▲
Trade debts44€35€960▲
Suppliers440/4€35€960▲
Taxes, remuneration and social security45€49k€52k▲
Taxes450/3€49k€52k▲
Accrued charges and deferred income492/3€1.83M€1.57M▼
Income statement
Code20232024
Turnover70-€1.21M
Non-recurring operating income76A€151k€151k=
Goods, raw materials, services and sundry goods60/61-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€767k€767k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Other operating charges640/8€63k€67k▲
Gross operating margin9900€1.40M€1.41M▲
Operating profit (loss)9901€563k€576k▲
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B€439k€13.37M▲
Recurring financial charges65€439k€366k▼
Non-recurring financial charges66B-€13.00M
Profit (loss) for the period before taxes9903€123k€-12.78M▼
Income taxes67/77€34k€53k▲
Profit (loss) for the period9904€89k€-12.83M▼
Profit (loss) for the period to be appropriated9905€89k€-12.83M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.91M€-9.93M▼
Profit (loss) brought forward from the previous period14P€2.82M€2.91M▲
Transfer to equity691/2€4k€0▼
To the legal reserve6920€4k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.21M | - |
| Non-recurring operating income76A | €151k | €151k | €151k | €151k | = |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €11k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €731k | €767k | €767k | €767k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €5k | €0 | ▼ 100% |
| Other operating charges640/8 | €108k | €58k | €63k | €67k | ▲ 5.6% |
| Gross operating margin9900 | €1.24M | €1.31M | €1.40M | €1.41M | ▲ 0.8% |
| Operating profit (loss)9901 | €401k | €479k | €563k | €576k | ▲ 2.3% |
| Financial income75/76B | - | - | - | €9k | - |
| Recurring financial income75 | - | - | - | €9k | - |
| Financial charges65/66B | €428k | €397k | €439k | €13.37M | ▲ 2,944% |
| Recurring financial charges65 | €428k | €397k | €439k | €366k | ▼ 16.6% |
| Non-recurring financial charges66B | - | - | - | €13.00M | - |
| Profit (loss) for the period before taxes9903 | €-27k | €82k | €123k | €-12.78M | ▼ 10,449% |
| Income taxes67/77 | €-299 | €15k | €34k | €53k | ▲ 55.2% |
| Profit (loss) for the period9904 | €-27k | €67k | €89k | €-12.83M | ▼ 14,502% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €67k | €89k | €-12.83M | ▼ 14,502% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56.55M | €55.78M | €55.39M | €39.95M | ▼ 27.9% |
| Fixed assets21/28 | €56.35M | €55.59M | €54.82M | €39.38M | ▼ 28.2% |
| Tangible fixed assets22/27 | €15.39M | €14.62M | €13.85M | €13.08M | ▼ 5.5% |
| Land and buildings22 | €208k | €204k | €200k | €197k | ▼ 2.0% |
| Leasing and similar rights25 | €9.09M | €8.32M | €7.56M | €6.80M | ▼ 10.1% |
| Other tangible fixed assets26 | €6.09M | €6.09M | €6.09M | €6.09M | = |
| Financial fixed assets28 | €40.97M | €40.97M | €40.97M | €26.30M | ▼ 35.8% |
| Current assets29/58 | €195k | €196k | €568k | €564k | ▼ 0.8% |
| Amounts receivable after more than one year29 | €900 | - | - | - | - |
| Trade receivables290 | €900 | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | - | €52k | - |
| Trade receivables40 | - | - | - | €52k | - |
| Current investments50/53 | - | - | €250k | €400k | ▲ 60.0% |
| Cash at bank and in hand54/58 | €192k | €195k | €318k | €111k | ▼ 65.0% |
| Deferred charges and accrued income490/1 | €2k | €280 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56.55M | €55.78M | €55.39M | €39.95M | ▼ 27.9% |
| Equity10/15 | €41.86M | €41.92M | €42.01M | €29.18M | ▼ 30.5% |
| Contributions10/11 | €39.02M | €39.02M | €39.02M | €39.02M | = |
| Capital10 | €39.02M | €39.02M | €39.02M | €39.02M | = |
| Issued capital100 | €39.02M | €39.02M | €39.02M | €39.02M | = |
| Reserves13 | €79k | €82k | €87k | €87k | = |
| Non-distributable reserves130/1 | €54k | €57k | €62k | €62k | = |
| Legal reserve130 | €54k | €57k | €62k | €62k | = |
| Distributable reserves133 | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €2.76M | €2.82M | €2.91M | €-9.93M | ▼ 441% |
| Amounts payable17/49 | €14.69M | €13.86M | €13.37M | €10.77M | ▼ 19.5% |
| Amounts payable after more than one year17 | €11.73M | €11.36M | €10.86M | €8.48M | ▼ 21.9% |
| Financial debts170/4 | €8.66M | €8.05M | €7.41M | €6.75M | ▼ 8.9% |
| Other amounts payable178/9 | €3.07M | €3.30M | €3.44M | €1.73M | ▼ 49.7% |
| Amounts payable within one year42/48 | €910k | €628k | €686k | €715k | ▲ 4.2% |
| Current portion of amounts payable after more than one year42 | €589k | €613k | €637k | €662k | ▲ 4.0% |
| Trade debts44 | €312k | €868 | €35 | €960 | ▲ 2,643% |
| Suppliers440/4 | €312k | €868 | €35 | €960 | ▲ 2,643% |
| Taxes, remuneration and social security45 | €9k | €15k | €49k | €52k | ▲ 5.8% |
| Taxes450/3 | €9k | €15k | €49k | €52k | ▲ 5.8% |
| Accrued charges and deferred income492/3 | €2.05M | €1.87M | €1.83M | €1.57M | ▼ 14.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €67k | €89k | €-12.83M | ▼ 14,502% |
| + Depreciation and write-downs630 | €731k | €767k | €767k | €767k | = |
| Operating cash flow (approximation) | €704k | €835k | €856k | €-12.07M | ▼ 1,509% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €14.67M | - |
| Change in cash | - | €4k | €123k | €-207k | ▼ 269% |
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
01-09
State Gazette act
Resignation: ALDEA GROUP NV (director)Appointment: ALDEA GROUP NV (director) · Permanent representatives: Sébastien Berden and Charles-Antoine Van Aelst · Mandate compensation6 facts ▸
State Gazette act
Resignation: ALDEA GROUP NV (director)
Appointment: ALDEA GROUP NV (director) · Permanent representatives: Sébastien Berden and Charles-Antoine Van Aelst · Mandate compensation6 facts ▸
- General meeting, 27-07-2026
- Director resignation, ALDEA GROUP NV (director)
- Director appointment, ALDEA GROUP NV (director)
- Permanent representative, Sébastien Berden
- Permanent representative, Charles-Antoine Van Aelst
- Mandate compensation, ALDEA GROUP NV
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-12.83M
Net result drops to €-12.83M, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €89k ▲32.2%
Net result €89k, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Back to profitnet €67k
Net result €67k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 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, last change in 2026
ALDEA GROUP
CurrentDirector · since 19-06-2026 · Public limited company
19-06-2026
Reappointed as Director
Not every act has been read: a resignation may be missing here
5 of this company's 6 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, Sprimont · 1 establishment unit since 2019
Ground area
4,590 m²
Building footprint
1,131 m²
Volume, LiDAR
10,916 m³
Parcel 62100C1114/00A000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CURALEASE
since 20192.291.703.588
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100C1114/00A000 | Wallonia | 4,590 m² | 1 · 1,131 m² | 12.0 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.
Structure & network
Recognitions · licences · registrations
Legal Entity Identifier
875500SWPXOF887H4507
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 987 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.