Losses
-€3.2m in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
STRACO REAL ESTATE DEVELOPMENT
Part of the group
38 companies in 5 countries
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1996peak €4.4m (2011)
€693,291▲ 15.5%
lowest -€1.4m (2024)
-€596,816▲ €766,772
peak €15.2m (2022)
€12.0m▼ 4.7%
€80.3m▲ 15.8%
peak 11 FTE (2024)
10.6 FTE▼ 3.6%
Board8 names since 2021
4 directors and 3 others
Owners5 names in the annual accounts
consolidates
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Turnover from €600,142 to €693,291Loss of €596,816Debts from €69.4m to €80.3mInvestments €9.6m
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Key points
from the 2025 annual accountsDebts
€80.3m 87% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €392,829 falls due within a year.
Payment terms
109 days to suppliers
REAL ESTATE DEVELOPMENT pays its suppliers 93 days earlier than in 2024. Customers pay 14 days later.
Liquidity
17.49 was 0.09 in 2024
Short-term debts fell from €64.6m to €392,829.
At the same address
47 companies
Position in the sector
-€596,816
Lower net result than 94% of companies in real estate. Sector median €20,538 · 5,819 companies.
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Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Credit verdict
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Signals
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Board and ownership
Director, since 16-06-2021
Director,
Director, since 01-09-2022
Director, since 01-09-2022
- 100%equity €1.52bn (2022) · 30-11-2022 annual accounts of
- 100%equity €438.2m (2025) · deed of 12-06-2026
- consolidatesequity €555.8m (2025) · annual accounts 2025
Shares in 15 companies, including and
Board & ownershipRecent changes
Registered office moved from Merelbeke-Melle to Sint-Martens-Latem
New registered office: Kortrijksesteenweg 157, 9830 Sint-Martens-Latem, België · Previous registered office: Brusselsesteenweg 197, 9090 Merelbeke-Melle · Gazette deed
Company renamed from ODEBRECHT to REAL ESTATE DEVELOPMENT
Capital contribution of €76,000,000 · Contribution: · Capital contribution: inbreng in natura gedeelte schuldvordering · General meeting of 04-06-2026 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Schelle
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452758386
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STRACO REAL ESTATE DEVELOPMENT Sint-Martens-Latem | €0.7m | -25.0% | 13.0% | 10.6 |
| Bostoen Group Ghent | €0.7m | 45.6% | 24.1% | 10.9 |
| LE FOYER CENTRE ARDENNE Bertrix | €3.5m | 19.7% | 56.8% | 8.2 |
| VERSLUYS INVEST Ostend | €1.4m | -82.6% | 50.1% | 5.8 |
| ANTONISSEN DEVELOPMENT GROUP Antwerp | €6.3m | 9.2% | 75.9% | 10.2 |
| DE GRYSE VINCENT De Panne | €0.3m | - | 99.9% | - |
| BOTANIC BUILDING Saint-Josse-ten-Noode | €2.6m | - | 20.7% | - |
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 REAL ESTATE DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €38m and €246m, founded between 1989 and 2009.
Official details
Source: KBO- Status
- Active since 27-05-1994Normal situation
- Registered office
- 48 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.067.399.7019830 Sint-Martens-Latem, since 28-10-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 15-07-2025
Annual accounts 2025
- €1.7m▲ 4.1%
- €92.3m▲ 12.6%
- Employeeson 31-12-2025
- 13▲ 8.3%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Companies linked to STRACO REAL ESTATE DEVELOPMENT
Subsidiaries and holdings
- 100%
- 100%
- 100%
- 100%
- 65%
- 50%
- 50%
- 50%
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Insights on STRACO REAL ESTATE DEVELOPMENT
REAL ESTATE DEVELOPMENT has existed since 1994. Turnover fell from €4.4m in 2011 to €12,544 in 2012 and staff from 2.1 to 1.5 full-time equivalents. The previous financial year ran 15 months, this one 12.
holds all the shares.
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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 STRACO REAL ESTATE DEVELOPMENT
- What is the company number of STRACO REAL ESTATE DEVELOPMENT?
- The company number of REAL ESTATE DEVELOPMENT is 0452.758.386. The VAT number is the same number with BE in front: BE 0452.758.386.
- Where is STRACO REAL ESTATE DEVELOPMENT based?
- The registered office is at Kortrijksesteenweg 157, 9830 Sint-Martens-Latem.Company details
- What does STRACO REAL ESTATE DEVELOPMENT do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of STRACO REAL ESTATE DEVELOPMENT?
- REAL ESTATE DEVELOPMENT is a public limited company (NV).
- When was STRACO REAL ESTATE DEVELOPMENT founded?
- REAL ESTATE DEVELOPMENT was founded on 27-05-1994.
- Is STRACO REAL ESTATE DEVELOPMENT still active?
- Yes, REAL ESTATE DEVELOPMENT is an active enterprise in the KBO register.
- How many employees does STRACO REAL ESTATE DEVELOPMENT have?
- REAL ESTATE DEVELOPMENT had an average of 10.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STRACO REAL ESTATE DEVELOPMENT fall under?
- In its 2025 annual accounts, REAL ESTATE DEVELOPMENT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of STRACO REAL ESTATE DEVELOPMENT?
- The turnover of REAL ESTATE DEVELOPMENT was €693,291 in financial year 2025, according to the filed annual accounts.
- Is STRACO REAL ESTATE DEVELOPMENT profitable?
- In financial year 2025, REAL ESTATE DEVELOPMENT made a loss of €596,816.
- Where can I find the annual accounts of STRACO REAL ESTATE DEVELOPMENT?
- REAL ESTATE DEVELOPMENT filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STRACO REAL ESTATE DEVELOPMENT due?
- REAL ESTATE DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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