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De Beide Vlaanderen

Active Risk: not assessed Public limited companyfounded 1960active for 66 yearsDen Triangel 2, 8610 KortemarkKBO/BCE: BE 0405.489.197 #1 oldest company in Kortemark, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €6.3m (2023)
€4.6m▲ 44.2%
lowest -€779,486 (2024)
€179,084▲ €958,570
peak €26.1m (2021)
€15.8m▼ 0.4%
€30.1m▼ 2.8%
peak 17.5 FTE (2022)
14.2 FTE▼ 15.0%
Board9 names since 2017
3 directorsCELESTATE and 2 others
Documentsfilings and deeds
04-06-202657 days before the deadline
2025financial year
Turnover from €3.2m to €4.6mBack to profit: €179,084Staff from 16.7 FTE to 14.2 FTEDividend €250,000Investments €100,413Cash from €52,349 to €107,976

Key points

from the 2025 annual accounts

Equity

€15.8m ▼ 0.4%
15.92024+0.2Profit-0.3Dividend15.82025

De Beide Vlaanderen paid out €250,000 in dividends. That is 140% of the 2025 profit.

Result

€179,084 €179,084
-€779,0002024€179,0002025

Back in profit in 2025, after a loss of €779,486 in 2024.

Staff

16 employees on 31-12-2025
1432021752022342023352024552025

In 2025, 5 people joined and 5 left.

Group

5 companies controlled

Heads a group.

Board

1 joined

New director. Latest change 01-07-2026 · 4 in office.

Position in the sector

€15.8m

More equity than 90% of companies in real estate. Sector median €942,893 · 5,813 companies.

Holding: outside the score modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries

Group, consolidated 2025: turnover €62.0m, result €1.9m

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal, which does not raise the risk
1 signal.
neutral
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
57 days early
2024
43 days early
2023
43 days early
2022
48 days early
2021
47 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 48 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 14 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

WV
Chair
C
Director, Célestine Verhaeghe, since 01-12-2022
F
Director, Florence Verhaege, since 01-12-2022
AW
Director, Els VERMEERSCH
CV
Auditor, Nikolas Vandelanotte

Shares in 3 companies, including HYBOMA and STATIEHUIS

Board & ownership

Recent changes

Appointment: ACTUEEL WONEN (director) Permanent representative: Els VERMEERSCH · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0405489197
Reappointment: CALLENS VANDELANOTTE (statutory auditor) Permanent representative: Wim Verhaeghe · General meeting of 23-05-2024 · Gazette deed
2 directors appointed, 2 resignations Resignations: Célestine Verhaeghe and Florence Verhaeghe · Appointments: Celestate and Floverence · Permanent representatives: Célestine Verhaeghe and Florence Verhaege · General meeting of 01-12-2022 · Gazette deed
All 84 events

Comparable companies

same main activity, similar in size and age
Company
De Beide Vlaanderen Kortemark €4.6m 34.0% 34.4% 14.2
Compagnie Het Zoute Knokke-Heist €2.9m -17.7% 85.3% 13.3
IMWO-INVEST Temse €6.7m 80.5% 86.8% 9.4
DANNEELS DEVELOPMENT Bruges €9.2m 9.3% 57.5% 7.2
Luc Van De Wiel Kapellen €8.7m 27.3% 21.4% 14.9
ERTZBERG Leuven €6.7m 0.4% -6.6% 24.1
LIVING IN FUNKY ENVIRONMENTS Antwerp €1.8m -25.1% 74.8% 10
-10%0%10%20%€2m€20m€200m€2bnDe Beide VlaanderenEBIT margin

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 De Beide Vlaanderen: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €29m and €136m, founded between 1931 and 1985.

Official details

Source: KBO
Status
Active since 02-03-1960Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Development of residential building projectsNACE 68121and 1 other
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.011.231.9498610 Kortemark, since 19-10-2001
Financial year end
31 December
Peppol
Reachable since 07-05-2025
Company details

Annual accounts 2025

€45.9m▼ 2.0%
Employeeson 31-12-2025
16=
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Companies linked to De Beide Vlaanderen

Subsidiaries and holdings

Insights on De Beide Vlaanderen

De Beide Vlaanderen has existed since 1960. In 2017 turnover rose from €28,101 to €315,831.

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 De Beide Vlaanderen

What is the company number of De Beide Vlaanderen?
The company number of De Beide Vlaanderen is 0405.489.197. The VAT number is the same number with BE in front: BE 0405.489.197.
Where is De Beide Vlaanderen based?
The registered office is at Den Triangel 2, 8610 Kortemark.Company details
What does De Beide Vlaanderen do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of De Beide Vlaanderen?
De Beide Vlaanderen is a public limited company (NV).
When was De Beide Vlaanderen founded?
De Beide Vlaanderen was founded on 02-03-1960.
Is De Beide Vlaanderen still active?
Yes, De Beide Vlaanderen is an active enterprise in the KBO register.
How many employees does De Beide Vlaanderen have?
De Beide Vlaanderen had an average of 14.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does De Beide Vlaanderen fall under?
In its 2025 annual accounts, De Beide Vlaanderen states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of De Beide Vlaanderen?
The turnover of De Beide Vlaanderen was €4.6m in financial year 2025, according to the filed annual accounts.
Is De Beide Vlaanderen profitable?
In financial year 2025, De Beide Vlaanderen made a profit of €179,084.
Where can I find the annual accounts of De Beide Vlaanderen?
De Beide Vlaanderen filed 59 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Beide Vlaanderen due?
De Beide Vlaanderen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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