Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANA REAL ESTATE from Diest, company number BE0400942768, closed financial year 2025 with a result of € 14.4 million after tax. For that financial year VANA REAL ESTATE recorded revenue of € 4.5 million and equity of € 43.7 million. Compared with financial year 2024, the result moved from € 3.4 million to € 14.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 43.7 million
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.4 million
▲ € 11 million vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 192% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.3 million paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 212,170
▲ 30% vs 2024
€ 117,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,473
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.3 million
▼ 50% vs 2024
€ 3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 937,768
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 235 days on average.
€ 818,728
▲ 84% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,425,562 | € 5,834,176 | € 5,429,069 | € 4,501,742 | ▼ 17% |
| Profit after taxes | € 1,652,508 | € -1,063,525 | € 3,355,225 | € 14,404,115 | ▲ € 11 million |
| Equity | € 30,208,726 | € 29,145,201 | € 31,586,528 | € 43,704,929 | ▲ 38% |
| Total debts | € 30,028,239 | € 27,545,985 | € 22,753,673 | € 14,819,539 | ▼ 35% |
| Cash | € 1,989,404 | € 551,832 | € 526,664 | € 1,538,751 | ▲ 192% |
| Land & buildings | € 31,853,582 | € 39,775,545 | € 37,293,903 | € 27,707,839 | ▼ 26% |
| Retained profit | € 24,157,033 | € 23,093,509 | € 25,534,835 | € 37,653,236 | ▲ 47% |
| Dividend | € 1,142,857 | € 0 | € 900,000 | € 2,285,714 | ▲ 154% |
| Bank debt | € 27,414,324 | € 26,706,117 | € 20,646,071 | € 10,261,156 | ▼ 50% |
| Balance sheet total | € 63,120,499 | € 59,742,975 | € 57,906,317 | € 63,572,974 | ▲ 10% |
| Employees (FTE) | 1 | 1 | 1.3 | 1.8 | ▲ 0.5 |
Key figures of VANA REAL ESTATE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VANA REAL ESTATE?
What happened at VANA REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bel-Air Consulting BV stepped down as director. NBB
- William Vanaudenhove stepped down as director. NBB
- Nicolas Meerschaert stepped down as director. NBB
- Record Vastgoed stepped down as director. NBB
- ELPEE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14.4 million (▲ € 11 million vs 2024). Source: NBB ↗
- Nicolas Meerschaert became a director. NBB
- Record Vastgoed became a director. NBB
In short
From € 1.7 million profit in 2022 to € 14.4 million profit in 2025.
Paid € 3.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 14.4 million profit.
Paid out € 4.3 million in dividends to the owners in total.
Management
It owns 100% of DRI, 100% of Winkelpark Den Boom and 100% of VANA REAL ESTATE itself.
Directors
According to the 2025 annual accounts
Director · represented by Belinde Bakker
since 2022 · until 2028
William Vanaudenhove
Director
since 2022 · until 2028
Nicolas Meerschaert
Managing director
since 2023 · until 2028
Director · represented by Susanna Van Der Mispel
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Egide Alenusstraat 10
3290 Diest
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.942.768
- VAT number
- BE 0400.942.768
- Registered office
- Egide Alenusstraat 10, 3290 Diest
- Names & denominations
- VANA REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1948
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed