PROPERTY
Annual accounts 2025
abbreviated format, filed on 04-06-2026, 57 days before the deadline€312,152
▲ 9.8%
€235,509
▲ 11.2%
€157,298
▲ 25.7%
€287,303
▲ €321,708
61.7%
▲ 9.0 percentage points
2.42
▲ 1.57
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €770,000. Estimated: probably between €530,000 and €980,000.
Balance sheet
balance sheet total €1.3m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
61.7%
Higher than 75% of 12,423 companies in 2025.
2.42
Higher than 72% of 11,950 companies in 2025.
12.0%
Higher than 88% of 12,326 companies in 2025.
PROPERTY
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.3m | 1.2m | 1.5m | 1.6m | 779,659 | 672,755 | 598,541 | 408,931 | 360,264 | 439,581 | 423,302 | 402,289 | 403,401 | 306,845 | 386,250 | 416,685 | 228,587 | |
21/28 |
817,888 | 1.0m | 1.4m | 1.4m | 419,240 | 430,280 | 449,794 | 277,152 | 303,195 | 329,985 | 316,515 | 334,834 | 335,177 | 247,578 | 377,557 | 393,060 | 222,986 | |
21 |
5,350 | 7,278 | 9,206 | - | - | 430 | 860 | 1,290 | 1,720 | - | 580 | 1,160 | 1,740 | 2,320 | - | - | - | |
22/27 |
811,637 | 1.0m | 1.4m | 1.4m | 418,340 | 428,950 | 448,034 | 274,962 | 301,475 | 329,985 | 315,935 | 333,674 | 333,437 | 245,258 | 377,557 | 393,060 | 222,986 | |
22 |
721,822 | 893,494 | 1.2m | 1.2m | 381,165 | 393,293 | 405,420 | 237,848 | 249,975 | 262,103 | 274,230 | 286,358 | 298,485 | 241,313 | 373,478 | 387,833 | 214,088 | |
23 |
3,460 | 4,692 | 5,078 | 5,349 | 6,773 | 355 | 287 | 523 | 759 | 737 | - | - | - | 55 | 121 | 186 | 252 | |
24 |
46,535 | 68,741 | 98,261 | 129,469 | 5,267 | 7,384 | 8,469 | 16,548 | 28,455 | 40,802 | 21,662 | 24,251 | 10,695 | 1,479 | 1,972 | 2,763 | 6,078 | |
26 |
39,819 | 43,955 | 26,686 | 24,561 | 25,135 | 27,920 | 33,858 | 20,043 | 22,286 | 26,344 | 20,043 | 23,065 | 24,257 | 2,412 | 1,987 | 2,277 | 2,568 | |
28 |
900 | 6,806 | 900 | 900 | 900 | 900 | 900 | 900 | - | - | - | - | - | - | - | - | - | |
29/58 |
488,924 | 205,659 | 109,145 | 164,944 | 360,419 | 242,475 | 148,747 | 131,779 | 57,069 | 109,595 | 106,786 | 67,455 | 68,224 | 59,267 | 8,694 | 23,626 | 5,601 | |
40/41 |
32,484 | 42,171 | 3,949 | 4,908 | 20,858 | 25,244 | 17,166 | 27,564 | 10,759 | 787 | 9,680 | 2,178 | 20,936 | 36,135 | - | 24 | 396 | |
40 |
32,484 | 42,171 | 3,495 | 4,870 | 20,854 | 25,244 | 17,166 | 27,564 | 4,209 | 787 | 9,680 | 2,178 | 20,936 | 36,135 | - | - | - | |
41 |
- | - | 454 | 37 | 4 | - | - | - | 6,550 | - | - | - | - | - | - | 24 | 396 | |
54/58 |
453,042 | 156,051 | 95,563 | 147,171 | 337,631 | 215,325 | 129,158 | 101,408 | 46,310 | 108,444 | 96,752 | 65,277 | 47,288 | 23,132 | 8,694 | 23,602 | 5,205 | |
490/1 |
3,398 | 7,437 | 9,632 | 12,866 | 1,930 | 1,906 | 2,424 | 2,807 | - | 365 | 354 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.3m | 1.2m | 1.5m | 1.6m | 779,659 | 672,755 | 598,541 | 408,931 | 360,264 | 439,581 | 423,302 | 402,289 | 403,401 | 306,845 | 386,250 | 416,685 | 228,587 | |
10/15 |
806,595 | 649,297 | 524,113 | 510,958 | 494,810 | 365,759 | 303,753 | 245,826 | 202,742 | 179,023 | 150,243 | 114,071 | 83,269 | -50,749 | 13,604 | 10,430 | 1,481 | |
10/11 |
8,060 | 8,060 | 8,060 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
798,535 | 641,237 | 516,053 | 504,758 | 488,610 | 359,559 | 297,553 | 239,626 | 196,542 | 172,823 | 107,871 | 77,069 | 7,404 | 7,404 | 4,230 | 1,860 | - | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
89,831 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
708,704 | 641,237 | 516,053 | 502,898 | 486,750 | 357,699 | 295,693 | 237,766 | 194,682 | 170,963 | 106,011 | 75,209 | 5,544 | 5,544 | 2,370 | - | - | |
14 |
0 | - | - | - | - | - | - | - | - | - | 36,172 | 30,802 | 69,665 | -64,353 | 3,174 | 2,370 | -4,719 | |
16 |
29,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
29,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
470,273 | 581,330 | 947,708 | 1.0m | 284,848 | 306,997 | 294,788 | 163,105 | 157,522 | 260,558 | 273,058 | 288,218 | 320,132 | 357,595 | 372,646 | 406,255 | 227,106 | |
17 |
268,652 | 341,266 | 823,698 | 841,392 | 118,658 | 135,945 | 152,995 | 45,827 | 50,688 | 137,497 | 152,299 | 166,800 | 180,129 | 255,818 | 269,288 | 135,820 | 143,366 | |
170/4 |
268,652 | 341,266 | 823,698 | 841,392 | 118,658 | 135,945 | 152,995 | 45,827 | 50,688 | 137,497 | 152,299 | 166,800 | 180,129 | 255,818 | 269,288 | 135,820 | 143,366 | |
42/48 |
201,621 | 240,064 | 120,357 | 207,615 | 166,190 | 171,051 | 141,793 | 117,278 | 106,834 | 123,061 | 120,759 | 121,418 | 140,003 | 101,776 | 103,358 | 77,603 | 83,740 | |
42 |
21,763 | 33,623 | 17,694 | 17,383 | 17,288 | 17,050 | 16,814 | 4,861 | 4,768 | 14,729 | 14,166 | 13,329 | 12,845 | 13,470 | 12,903 | 7,545 | 6,634 | |
44 |
139 | 8,399 | 1,670 | 6,540 | 417 | 8,107 | 3,408 | 4,049 | 283 | 802 | 670 | 1,133 | 3,280 | - | 183 | 477 | 158 | |
440/4 |
139 | 8,399 | 1,670 | 6,540 | 417 | 8,107 | 3,408 | 4,049 | 283 | 802 | 670 | 1,133 | 3,280 | - | 183 | 477 | 158 | |
45 |
140,175 | 98,863 | 18,636 | 90,480 | 106,314 | 86,481 | 79,630 | 58,706 | 43,390 | 36,924 | 24,919 | 24,105 | 44,720 | 6,359 | 5,803 | 3,004 | 1,948 | |
450/3 |
115,779 | 80,644 | 11,394 | 85,682 | 105,104 | 81,630 | 78,434 | 58,706 | 41,723 | 35,258 | 23,438 | 24,105 | 44,720 | 6,359 | 5,803 | 3,004 | 948 | |
454/9 |
24,396 | 18,219 | 7,242 | 4,799 | 1,210 | 4,851 | 1,197 | - | 1,666 | 1,666 | 1,482 | - | - | - | - | - | 1,000 | |
47/48 |
39,544 | 99,180 | 82,357 | 93,211 | 42,172 | 59,414 | 41,941 | 49,662 | 58,393 | 70,607 | 81,004 | 82,850 | 79,158 | 81,947 | 84,469 | 66,576 | 75,000 | |
492/3 |
- | - | 3,653 | - | - | - | - | - | - | - | - | - | - | - | - | 192,832 | - | |
| Income statement | ||||||||||||||||||
9900 |
312,152 | 284,362 | 128,091 | 163,985 | 223,725 | 125,799 | 157,764 | 112,672 | 85,307 | 95,390 | 105,772 | 83,985 | 210,793 | 85,621 | 37,028 | 56,346 | 20,435 | |
62 |
- | - | - | - | - | - | - | 4,314 | - | 286 | 11,583 | - | - | - | - | - | - | |
630 |
66,659 | 62,491 | 58,918 | 130,734 | 21,031 | 27,367 | 51,477 | 30,004 | 31,886 | 33,570 | 29,102 | 25,666 | 22,722 | 8,934 | 17,968 | 22,976 | 23,085 | |
640/8 |
9,985 | 10,012 | 7,478 | 5,788 | 6,096 | 5,960 | 8,081 | 4,155 | 4,858 | 6,002 | 3,778 | 3,994 | 3,392 | 129,115 | 2,739 | 15,325 | 1,526 | |
9901 |
235,509 | 211,858 | 61,695 | 27,464 | 196,598 | 92,472 | 98,206 | 74,199 | 48,563 | 55,532 | 61,310 | 54,325 | 184,679 | -52,428 | 16,321 | 18,044 | -4,177 | |
75/76B |
5 | 10 | 37 | 7 | 6 | 28 | 4 | 3 | 18 | 269 | 230 | 111 | 130 | 41 | 19 | 21 | 37 | |
75 |
5 | 10 | 37 | 7 | 6 | 28 | 4 | 3 | 18 | 269 | 230 | 111 | 130 | 41 | 19 | 21 | 37 | |
65/66B |
12,363 | 22,055 | 40,821 | 3,102 | 2,293 | 2,559 | 1,656 | 1,282 | 5,116 | 5,009 | 5,711 | 6,894 | 10,920 | 11,911 | 10,913 | 6,235 | 580 | |
65 |
12,363 | 22,055 | 40,821 | 3,102 | 2,293 | 2,559 | 1,656 | 1,282 | 5,116 | 5,009 | 5,711 | 6,894 | 10,920 | 11,911 | 10,913 | 6,235 | 580 | |
9903 |
223,151 | 189,813 | 20,911 | 24,369 | 194,312 | 89,941 | 96,554 | 72,919 | 43,466 | 50,792 | 55,828 | 47,541 | 173,890 | -64,298 | 5,427 | 11,830 | -4,719 | |
680 |
29,944 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
35,909 | 64,630 | 7,756 | 8,222 | 65,260 | 27,936 | 38,627 | 29,835 | 19,746 | 22,012 | 19,656 | 16,739 | 39,871 | 55 | 2,253 | 2,880 | - | |
9904 |
157,298 | 125,184 | 13,156 | 16,147 | 129,052 | 62,005 | 57,927 | 43,084 | 23,719 | 28,779 | 36,172 | 30,802 | 134,018 | -64,353 | 3,174 | 8,949 | -4,719 | |
689 |
89,831 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
67,467 | 125,184 | 13,156 | 16,147 | 129,052 | 62,005 | 57,927 | 43,084 | 23,719 | 28,779 | 36,172 | 30,802 | 134,018 | -64,353 | 3,174 | 8,949 | -4,719 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
67,467 | 125,184 | 13,156 | 16,147 | 129,052 | 62,005 | 57,927 | 43,084 | 23,719 | 64,951 | 66,974 | 100,467 | 69,665 | -61,180 | 5,544 | 4,230 | -4,719 | |
691/2 |
67,467 | 125,184 | 13,156 | 16,147 | 129,052 | 62,005 | 57,927 | 43,084 | 23,719 | 64,951 | 30,802 | 69,665 | - | 3,174 | 2,370 | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | |
6921 |
67,467 | 125,184 | 13,156 | 16,147 | 129,052 | 62,005 | 57,927 | 43,084 | 23,719 | 64,951 | 30,802 | 69,665 | - | 3,174 | 2,370 | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 0.3 | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 527 | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-06-2026 | 2026-00137146 | |
| 31-12-2024 | abbreviated format | 11-06-2025 | 2025-00130518 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00144593 | |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00127668 | |
| 31-12-2021 | abbreviated format | 15-06-2022 | 2022-20063930 | |
| 31-12-2020 | abbreviated format | 11-06-2021 | 2021-18800445 | |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-15600138 | |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15200407 | |
| 31-12-2017 | abbreviated format | 06-06-2018 | 2018-15900177 | |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-30300076 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-24500122 | |
| 31-12-2014 | abbreviated format | 05-06-2015 | 2015-15300213 | |
| 31-12-2013 | abbreviated format | 10-06-2014 | 2014-17000198 | |
| 31-12-2012 | abbreviated format | 03-06-2013 | 2013-14700463 | |
| 31-12-2011 | abbreviated format | 04-06-2012 | 2012-14800173 | |
| 31-12-2010 | abbreviated format | 06-06-2011 | 2011-14700394 | |
| 31-12-2009 | abbreviated format | 03-06-2010 | 2010-14400404 |
Subsidies and aid
Flemish government 2022 to 2023, 2 entries, €550 awarded, €550 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €290 | €290 |
| 2022 | 1 | €260 | €260 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 302,168 | 274,350 | 120,613 | 158,198 | 217,629 | 119,839 | 149,683 | 104,203 | 80,449 | 89,102 | 90,411 | 79,991 | 207,401 | -43,494 | 34,289 | 41,021 | 18,908 | ||
| 223,957 | 187,675 | 72,074 | 146,881 | 150,083 | 89,372 | 109,404 | 73,088 | 55,605 | 62,350 | 65,273 | 56,469 | 156,740 | -55,419 | 21,141 | 31,926 | 18,366 | ||
| 15,486 | 32,646 | 26,575 | 1.1m | 9,990 | 8,853 | 224,120 | 3,961 | 6,596 | 47,040 | 10,783 | 25,631 | 159,821 | 3,696 | 2,465 | 193,050 | 245,221 | ||
| 296,991 | 60,488 | -51,607 | -190,460 | 122,306 | 86,167 | 27,750 | 55,099 | -62,135 | 11,692 | 31,475 | 17,989 | 24,156 | 14,438 | -14,908 | 18,396 | - | ||
| 287,303 | -34,405 | -11,212 | -42,671 | 194,228 | 71,423 | 6,954 | 14,501 | -49,765 | -13,466 | -13,973 | -53,962 | -71,779 | -42,509 | -94,664 | -53,977 | -78,139 | ||
| 61.7% | 52.8% | 35.6% | 32.8% | 63.5% | 54.4% | 50.7% | 60.1% | 56.3% | 40.7% | 35.5% | 28.4% | 20.6% | -16.5% | 3.5% | 2.5% | 0.6% | ||
| 2.42 | 0.86 | 0.91 | 0.79 | 2.17 | 1.42 | 1.05 | 1.12 | 0.53 | 0.89 | 0.88 | 0.56 | 0.49 | 0.58 | 0.08 | 0.30 | 0.07 | ||
| 0.58 | 0.90 | 1.81 | 2.05 | 0.58 | 0.84 | 0.97 | 0.66 | 0.78 | 1.46 | 1.82 | 2.53 | 3.84 | - | 27.39 | 38.95 | - | ||
| 19.5% | 19.3% | 2.5% | 3.2% | 26.1% | 17.0% | 19.1% | 17.5% | 11.7% | 16.1% | 24.1% | 27.0% | 160.9% | - | 23.3% | 85.8% | -318.7% | ||
| 12.0% | 10.2% | 0.9% | 1.0% | 16.6% | 9.2% | 9.7% | 10.5% | 6.6% | 6.5% | 8.5% | 7.7% | 33.2% | -21.0% | 0.8% | 2.1% | -2.1% | ||
| 24.44 | 12.44 | 2.95 | 51.01 | 94.93 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,486 | €26,740 | €16,935 | €1.1m | €9,990 |
| Intangible fixed assets | - | - | €9,639 | - | - |
| Financial fixed assets | - | €5,906 | - | - | - |
| €66,659 | €62,491 | €58,918 | €130,734 | €21,031 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PROPERTY
The operating result for 2025 is 11% higher than in 2024 and the highest since 2009. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 47.2% to 36.0%. Equity is higher and debt is lower.