Subsidiaries and holdings
- TERRA299.98%
Summary
De Beide Vlaanderen has a registered holding activity and consists mainly of financial fixed assets. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €15.8m and a net result of €179,084. Equity has been shrinking by about 6.4% per year since 2018. Its solvency ranks better than 47% of 5,801 sector peers (NACE 68, financial year 2025). The company has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 02-03-1960 Normal situation
- Registered office
- 11 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Development of residential building projects NACE 68121and 1 other
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.011.231.949 8610 Kortemark, since 19-10-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 07-05-2025
Board and ownership
Board
- Wim VerhaegheManaging director
- CELESTATEDirector · since 01-12-2022 · permanent representative Célestine Verhaeghe
- FLOVERENCEDirector · since 01-12-2022 · permanent representative Florence Verhaege
- Auditor
- CALLENS VANDELANOTTE
- Holdings
- Shares in 3 companies including HYBOMA and STATIEHUIS
Financial position
Holding: outside the score modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Turnover
- €4.6m
- ▲ 44.2%
- Profit
- €179,084
- Equity
- €15.8m
- ▼ 0.4%
- Total assets
- €45.9m
- ▼ 2.0%
- Employees on 31-12-2025
- 16
- =
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €62.0m, result €1.9m
SignalsneutralLatest accounts filed on timeShow the evidence
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.
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 filingsDeviation 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 monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Back in profit in 2025after a loss of €779,486 in 2024 €179,084 View
- Positive: Oldest company in Kortemark, Real estate sectorin the Checked rankings No. 1 View
- Heads a groupcompanies controlled 5 View
- New directorlatest change 01-07-2026 · 4 in office 1 joined View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Appointment: ACTUEEL WONEN (director)Permanent representative: Els VERMEERSCH
- · Gazette deed Reappointment: CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Wim Verhaeghe
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Célestine Verhaeghe (director) and Florence Verhaeghe (director) · Appointments: Celestate (director) and Floverence (director) · Permanent representatives: Célestine Verhaeghe and Florence Verhaege
Companies linked to De Beide Vlaanderen
Comparable companies
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.
| Company | Total assets | Turnover |
|---|---|---|
| De Beide Vlaanderen Kortemark | €45.9m | €4.6m |
| Compagnie Het Zoute Knokke-Heist | €81.8m | €2.9m |
| IMWO-INVEST Temse | €80.3m | €6.7m |
| DANNEELS DEVELOPMENT Brugge | €80.0m | €9.2m |
| Luc Van De Wiel Kapellen | €74.0m | €8.7m |
| ERTZBERG Leuven | €28.7m | €6.7m |
| LIVING IN FUNKY ENVIRONMENTS Antwerpen | €135.7m | €1.8m |
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?
- The legal form of De Beide Vlaanderen is 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 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
- 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
Next steps
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