Summary
Re-State Development has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low). No annual accounts have been filed with the National Bank.
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
No accounts filed yet
Financial health
- Bankruptcy probabilitywithin 12 months
- 1.1%
No score: no figures
Structure
- D&A DesignDirector · permanent representative VERMEULEN Sander
- Gerard InvestDirector · permanent representative PAUWELS Arthur Leon Harry Albert
Signalsraises riskFounded in 2024lowers riskSector: Real estate activities (NACE 68)No annual accounts with figuresShow the evidence
Bankruptcy probability
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 0.7%lowest value
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.1 percentage points vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026highest value
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Signals
Three signals.
lowers riskraises risk
Searched, nothing found (1)
- IncorporationAppointments: D&A Design (director) and…
Financials
No annual accounts filed
No annual accounts of this company are filed with the National Bank yet. A private limited company files its first accounts within seven months of the end of its first financial year, which can run up to 24 months. Incorporated on 11-09-2024: with a first year of at most twelve months they were already due; only a longer first year keeps the term open.
Similar companies · same sector and region
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CELO Renovatie
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No filed accounts are known for this company, so a size comparison is not possible. These companies share only the sector and the region. Of the 7,228 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,427. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, no change since 2024
Board 2
D&A Design
CurrentDirector · since 13-09-2024 · Private limited company · permanent representative: VERMEULEN Sander
Gerard Invest
CurrentDirector · since 13-09-2024 · Private limited company · permanent representative: PAUWELS Arthur Leon Harry Albert
Permanent representatives 2
PAUWELS Arthur Leon Harry Albert
CurrentPermanent representative · since 13-09-2024 · for Gerard Invest
VERMEULEN Sander
CurrentPermanent representative · since 13-09-2024 · for D&A Design
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
2 people since 2024, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| D&A Design |
|
| Gerard Invest |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 13-09-2024 ↗
- VERMEULEN Sander 250 shares (50%) · €5,000 in cash
- PAUWELS Arthur Leon Harry Albert 250 shares (50%) · €5,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 13-09-2024 Incorporation · €10,000 · 500 shares
Group and network
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
Aula Antwerp Grondvennootschap
Shared corporate director
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Fortlane
Shared corporate director
→
PM10
Shared corporate director
→
History
Acts, filings and financial milestones
2024
13-09
Gazette deed
IncorporationAppointments: D&A Design (director) and Gerard Invest (director) · Permanent representatives: VERMEULEN Sander and PAUWELS Arthur Leon Harry Albert · Founder13 facts ▸
Gazette deed
Incorporation
Appointments: D&A Design (director) and Gerard Invest (director) · Permanent representatives: VERMEULEN Sander and PAUWELS Arthur Leon Harry Albert · Founder13 facts ▸
- Incorporation, “Re-State Development” (deed in Dutch)
- Founder, VERMEULEN Sander
- Founder, PAUWELS Arthur Leon Harry Albert
- Founding capital, €10,000
- Bank account, 10000, EUR
- Board rule, “niet-statutaire bestuurder”, 2 (deed in Dutch)
- Director appointment, D&A Design (director)
- Permanent representative, VERMEULEN Sander
- Director appointment, Gerard Invest (director)
- Permanent representative, PAUWELS Arthur Leon Harry Albert
- Other provision, “dagelijks bestuur benoeming”, EUR (deed in Dutch)
- Registered office clause, “9830 Sint-Martens-Latem, Kortrijksesteenweg 189 bus 2” (deed in Dutch)
- +1 further fact in this act
Gazette deed
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded11-09-2024
Activities, NACEBEL 2025
68110Buying and selling of own real estate
64210Activities of holding companies
82990Other business support services
Contact
Website
www.re-state.be
E-mail
sander.vermeulen@saveconsulting.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:1013430462
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
5 applications in Flanders since 2025 · 1 granted · 2 under review
Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging
Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2024
Ground area
931 m²
Building footprint
261 m²
Building volume
1,275 m³
Parcel 44064B0194/00F002, Flanders · tallest building 11.3 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Re-State Development
since 2024unit no. 2.363.698.968
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44064B0194/00F002 | Flanders | 930 m² | 1 · 261 m² | 11.3 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Re-State Development
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking van duur” (deed in Dutch)“Algemene vergadering die bestuurder(s) benoemt bepaalt aantal, duur opdracht en, indien meerdere bestuurders, bevoegdheid, onbepaalde duur…” (deed in Dutch)“Algemene vergadering beslist of mandaat al dan niet ten kosteloze titel wordt uitgeoefend, algemene vergadering met absolute meerderheid of…” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo, 500” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of May at 09:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Kan op elk moment worden ontbonden door beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…” (deed in Dutch)