HOUSING
ActiveSummary
HOUSING has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€163,563) and a net result of €130,446. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+11
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.64 in 2024; short-term debt: 112.6% and cash: 28.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-45.7%
Return on assets
36.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9294 sector peers (2025).
NBB · sector comparisonPosition among 9294 sector peers
Solvency
better than 5%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
12 d early
2021
69 d early
2020
43 d early
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€163,563▲ 44.4%
2024 · -€294,009
Total assets
€357,712▼ 42.7%
2024 · €623,952
Net result
€130,446▲ 118%
2024 · €59,971
Working capital
-€124,348▲ 54.1%
2024 · -€270,821
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,353-€352,496▼ 4,694%€44,322€75,103▲ 69.4%€163,984▲ 118%
Net result-€10,676-€359,126▼ 3,264%€29,837€59,971▲ 101%€130,446▲ 118%
Equity-€24,691▼ 76.2%-€383,817▼ 1,454%-€353,980▲ 7.8%-€294,009▲ 16.9%-€163,563▲ 44.4%
Total assets€370,868▲ 49.7%€380,682▲ 2.6%€717,544▲ 88.5%€623,952▼ 13.0%€357,712▼ 42.7%
Debt€395,559▲ 51.1%€764,499▲ 93.3%€1.1m▲ 40.2%€917,961▼ 14.3%€521,276▼ 43.2%
Working capital-€11,300-€382,727▼ 3,287%-€347,454▲ 9.2%-€270,821▲ 22.1%-€124,348▲ 54.1%
Staff (FTE)10.9▲ 75.8%20.1▲ 84.4%17▼ 15.4%10.3▼ 39.4%9.3▼ 9.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €357,712
Fixed assets
€79,246 ▼ 44.8%
Current assets
€278,466 ▼ 42.0%
Key figures and ratios
EBITDA
€182,550▲
2024 · €95,801
Cash flow
€149,013▲
2024 · €80,669
Solvency
-45.7%▲
2024 · -47.1%
Current ratio
0.69▲
2024 · 0.64
Debt to equity
-3.19▼
2024 · -3.12
ROA
36.5%▲
2024 · 9.6%
Interest coverage
5.07▼
2024 · 7.00
Debt ≤ 1 year
€402,815▼
2024 · €751,147
Debt > 1 year
€78,626▼
2024 · €109,331
Income taxes
€2,309▲
2024 · €1,551
Staff costs
€537,294▼
2024 · €629,889
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €462,714 | €950,057 | €929,555 | €629,889 | €537,294 | ▼ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,733 | €13,318 | €13,318 | €20,698 | €18,567 | ▼ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €13,890 | - |
| Other operating charges640/8 | €7,817 | €4,529 | €7,772 | €11,736 | €12,598 | ▲ 7.3% |
| Non-recurring operating charges66A | - | - | €2,466 | - | €38,722 | - |
| Gross operating margin9900 | €475,912 | €615,407 | €997,433 | €737,426 | €785,054 | ▲ 6.5% |
| Operating profit (loss)9901 | -€7,353 | -€352,496 | €44,322 | €75,103 | €163,984 | ▲ 118% |
| Financial income75/76B | €1,134 | €0 | €20 | €109 | €4,813 | ▲ 4,297% |
| Recurring financial income75 | €1,134 | €0 | €20 | €109 | €4,813 | ▲ 4,297% |
| Financial charges65/66B | €3,599 | €4,210 | €12,357 | €13,691 | €36,041 | ▲ 163% |
| Recurring financial charges65 | €3,599 | €4,210 | €12,357 | €13,691 | €36,041 | ▲ 163% |
| Profit (loss) for the period before taxes9903 | -€9,817 | -€356,707 | €31,985 | €61,522 | €132,755 | ▲ 116% |
| Income taxes67/77 | €859 | €2,420 | €2,148 | €1,551 | €2,309 | ▲ 48.9% |
| Profit (loss) for the period9904 | -€10,676 | -€359,126 | €29,837 | €59,971 | €130,446 | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | -€10,676 | -€359,126 | €29,837 | €59,971 | €130,446 | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €370,868 | €380,682 | €717,544 | €623,952 | €357,712 | ▼ 42.7% |
| Fixed assets21/28 | €80,952 | €67,634 | €137,599 | €143,626 | €79,246 | ▼ 44.8% |
| Intangible fixed assets21 | - | - | - | €12,814 | €17,704 | ▲ 38.2% |
| Tangible fixed assets22/27 | €80,952 | €67,634 | €137,599 | €129,150 | €59,880 | ▼ 53.6% |
| Furniture and vehicles24 | €4,800 | €3,420 | €2,041 | €6,729 | €7,857 | ▲ 16.8% |
| Other tangible fixed assets26 | €76,152 | €64,214 | €135,558 | €122,421 | €52,023 | ▼ 57.5% |
| Financial fixed assets28 | - | - | - | €1,662 | €1,662 | = |
| Current assets29/58 | €289,916 | €313,048 | €579,945 | €480,326 | €278,466 | ▼ 42.0% |
| Amounts receivable within one year40/41 | €263,307 | €198,850 | €501,590 | €419,346 | €177,477 | ▼ 57.7% |
| Trade receivables40 | €262,693 | €198,237 | €501,590 | €416,877 | €159,779 | ▼ 61.7% |
| Other amounts receivable41 | €613 | €613 | €0 | €2,469 | €17,698 | ▲ 617% |
| Cash at bank and in hand54/58 | €182 | €77,689 | €44,897 | €58,800 | €100,521 | ▲ 71.0% |
| Deferred charges and accrued income490/1 | €26,427 | €36,508 | €33,457 | €2,180 | €469 | ▼ 78.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €370,868 | €380,682 | €717,544 | €623,952 | €357,712 | ▼ 42.7% |
| Equity10/15 | -€24,691 | -€383,817 | -€353,980 | -€294,009 | -€163,563 | ▲ 44.4% |
| Contributions10/11 | €70,000 | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Reserves13 | €16,874 | €16,874 | €16,874 | €16,874 | €16,874 | = |
| Non-distributable reserves130/1 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves not available under the articles1311 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Distributable reserves133 | €9,874 | €9,874 | €9,874 | €9,874 | €9,874 | = |
| Profit (loss) carried forward14 | -€111,565 | -€470,692 | -€440,854 | -€380,883 | -€250,437 | ▲ 34.2% |
| Amounts payable17/49 | €395,559 | €764,499 | €1.1m | €917,961 | €521,276 | ▼ 43.2% |
| Amounts payable after more than one year17 | €94,343 | €68,725 | €86,642 | €109,331 | €78,626 | ▼ 28.1% |
| Financial debts170/4 | €94,343 | €68,725 | €86,642 | €109,331 | €78,626 | ▼ 28.1% |
| Amounts payable within one year42/48 | €301,216 | €695,774 | €927,399 | €751,147 | €402,815 | ▼ 46.4% |
| Current portion of amounts payable after more than one year42 | €25,994 | €25,618 | €3,886 | €34,647 | €30,705 | ▼ 11.4% |
| Trade debts44 | €157,904 | €258,953 | €336,252 | €158,743 | €31,822 | ▼ 80.0% |
| Suppliers440/4 | €157,904 | €258,953 | €336,252 | €158,743 | €31,822 | ▼ 80.0% |
| Advances received on contracts in progress46 | €7 | €7 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €114,442 | €204,102 | €222,682 | €206,096 | €146,892 | ▼ 28.7% |
| Taxes450/3 | €66,299 | €58,284 | €75,752 | €60,993 | €36,495 | ▼ 40.2% |
| Remuneration and social security454/9 | €48,143 | €145,819 | €146,931 | €145,103 | €110,397 | ▼ 23.9% |
| Other amounts payable47/48 | €2,869 | €207,094 | €364,579 | €351,662 | €193,396 | ▼ 45.0% |
| Accrued charges and deferred income492/3 | €0 | - | €57,483 | €57,483 | €39,835 | ▼ 30.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,676 | -€359,126 | €29,837 | €59,971 | €130,446 | ▲ 118% |
| + Depreciation and write-downs630 | €12,733 | €13,318 | €13,318 | €20,698 | €18,567 | ▼ 10.3% |
| Operating cash flow (approximation) | €2,058 | -€345,809 | €43,155 | €80,669 | €149,013 | ▲ 84.7% |
| Investment in fixed assets (approximation) | - | €0 | -€83,283 | -€26,725 | €45,813 | ▲ 271% |
| Change in cash | - | €77,507 | -€32,792 | €13,902 | €41,721 | ▲ 200% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €130,446 ▲118%
Operating result €163,984, net result €130,446, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €29,837
Net result €29,837 after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€359,126
Net result drops to -€359,126, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1985
Ground area
1,785 m²
Building footprint
507 m²
Volume, LiDAR
9,739 m³
2 parcels, Flanders · tallest building 26.3 m, ±8 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
2 establishment units
One Vastgoed
since 19852.028.331.267
One Vastgoed
since 20242.367.987.457
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0326/00Z003 | Flanders | 1,493 m² | 1 · 403 m² | 26.3 m · 8 fl. |
| 11324D0721/00N005 | Flanders | 293 m² | 1 · 104 m² | 15.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- KVA Management
- HOUSING
Highest known parent: KVA Management. The sources do not say who stands above it.
Owners 1
- KVA Managementparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 9,860 EUR awarded · 9,860 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 55 EUR | 55 EUR |
| 2024 | 1 | 420 EUR | 420 EUR |
| 2023 | 2 | 6,739 EUR | 6,739 EUR |
| 2022 | 2 | 2,646 EUR | 2,646 EUR |
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,907. 1,063 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-1985
Fiscal year end31-12
Trade name NL
One Vastgoed
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428225997
Also
9925:BE0428225997
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.