De Vastgoedonderneming
ActiveDe Vastgoedonderneming has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €-126k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -87 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency22▼-64
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.74 in 2024), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.8%
Return on assets
-41.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
7 d early
2022
11 d late
2021
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€60k▼ 67.8%
2024 · €185k
2021: €74k
2022: €153k
2023: €183k
2024: €185k
2021 → 2025
Total assets
€302k▼ 24.0%
2024 · €398k
2021: €242k
2022: €299k
2023: €320k
2024: €398k
2021 → 2025
Net result
€-126k
2024 · €82k
2021: €64k
2022: €79k
2023: €30k
2024: €82k
2021 → 2025
Working capital
€-14k
2024 · €141k
2021: €53k
2022: €134k
2023: €137k
2024: €141k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€153k▲ 107%€183k▲ 19.7%€185k▲ 1.4%€60k▼ 67.8%
Operating result€87k-€101k▲ 16.3%€41k▼ 59.8%€85k▲ 109%€-124k
Net result€64k-€79k▲ 23.3%€30k▼ 61.8%€82k▲ 171%€-126k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €124k after €85k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€187k▲ 187%
Current assets
€115k▼ 65.5%
Equity and liabilities €302k
Equity
€60k▼ 67.8%
Debt
€243k▲ 14.2%
The debt ratio rises from 53.4% to 80.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-86k▼
2024 · €107k
Cash flow
€-88k▼
2024 · €103k
Solvency
19.8%▼
2024 · 46.6%
Current ratio
0.89▼
2024 · 1.74
Quick ratio
0.89▼
2024 · 1.74
Debt / equity
4.06▲
2024 · 1.15
ROE
-210.4%▼
2024 · 44.0%
ROA
-41.6%▼
2024 · 20.5%
Interest coverage
-22.70▼
2024 · 32.62
Debt
€243k▲
2024 · €212k
Debt ≤ 1 year
€129k▼
2024 · €191k
Debt > 1 year
€113k▲
2024 · €21k
Income taxes
€171▼
2024 · €3k
Staff costs
€50k▲
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€398k€302k▼
Fixed assets21/28€65k€187k▲
Intangible fixed assets21€28k€31k▲
Tangible fixed assets22/27€37k€157k▲
Land and buildings22€27k€24k▼
Furniture and vehicles24€8k€28k▲
Other tangible fixed assets26€2k€105k▲
Financial fixed assets28€320€0▼
Current assets29/58€332k€115k▼
Amounts receivable within one year40/41€83k€90k▲
Trade receivables40€97€0▼
Other amounts receivable41€83k€90k▲
Current investments50/53€0-
Cash at bank and in hand54/58€249k€25k▼
Deferred charges and accrued income490/1€598€601▲
Equity and liabilities
Total equity and liabilities10/49€398k€302k▼
Equity10/15€185k€60k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€175k€50k▼
Amounts payable17/49€212k€243k▲
Amounts payable after more than one year17€21k€113k▲
Financial debts170/4€21k€113k▲
Amounts payable within one year42/48€191k€129k▼
Current portion of amounts payable after more than one year42€7k€25k▲
Financial debts43€2k€524▼
Credit institutions430/8€2k€524▼
Trade debts44€11k€85k▲
Suppliers440/4€11k€85k▲
Advances received on contracts in progress46€81k€0▼
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€1k€1k▲
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€81k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€39k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€37k▲
Other operating charges640/8€1k€857▼
Gross operating margin9900€148k€-35k▼
Operating profit (loss)9901€85k€-124k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€85k€-125k▼
Income taxes67/77€3k€171▼
Profit (loss) for the period9904€82k€-126k▼
Profit (loss) for the period to be appropriated9905€82k€-126k▼
Appropriation of the result
Profit (loss) to be appropriated9906€254k€50k▼
Profit (loss) brought forward from the previous period14P€173k€175k▲
Profit to be distributed694/7€79k€0▼
Directors or managers695€79k€0▼
Social balance
Average headcount (FTE)90871.00.9▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-126k ▼254%
Net result drops to €-126k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2021net €82k ▲171%
Net result €82k, the highest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Equity above €150kEq €153k ▲107%
2 profitable years in a row build equity to €153k.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-12-2024
Resigned as Director
Location & real-estate footprint
Registered office, Beernem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stationsplein 268730 BeernemGround area
1,758 m²
Building footprint
1,039 m²
Volume, LiDAR
12,298 m³
Parcel 31003G0059/00Y005, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Fasade
since 20202.304.993.380
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003G0059/00Y005 | Flanders | 1,758 m² | 1 · 1,039 m² | 16.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 17,259 EUR awarded · 17,259 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,637 EUR | 5,637 EUR |
| 2023 | 1 | 6,888 EUR | 8,523 EUR |
| 2022 | 1 | 4,734 EUR | 3,099 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,962 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Trade name NL
Fasade
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:jens@fasade.be