Financials
Financial year 2025
FORESCO REAL ESTATE DEVELOPMENT from Brasschaat, company number BE0404640646, closed financial year 2025 with a result of € 23,989 after tax. For that financial year FORESCO REAL ESTATE DEVELOPMENT recorded a gross margin of € 4,474 and equity of € 153,256. Compared with financial year 2024, the result moved from € -18,527 to € 23,989. 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 August 30, 2026.
€ 153,256
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,989
▲ still € 18,527 loss in 2024
Profit after tax over the fiscal year.
€ 3,156
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.9 million.
People and assets in 2025
€ 7,806
▲ 178% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,107
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,929
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,543 | € 37,189 | € -11,333 | € 4,474 | ▲ € 15,807 |
| Profit after taxes | € 17,254 | € 22,206 | € -18,527 | € 23,989 | ▲ € 42,516 |
| Equity | € 125,588 | € 147,794 | € 129,267 | € 153,256 | ▲ 19% |
| Total debts | € 224,652 | € 73,069 | € 148,370 | € 79,351 | ▼ 47% |
| Cash | € 61,810 | € 10,461 | € 5,169 | € 3,156 | ▼ 39% |
| Retained profit | € -2,880,090 | € -2,857,883 | € -2,876,410 | € -2,852,421 | ▲ € 23,989 |
| Bank debt | € 20,313 | € 4,112 | € 0 | € 0 | |
| Balance sheet total | € 350,240 | € 220,863 | € 277,637 | € 232,607 | ▼ 16% |
Key figures of FORESCO REAL ESTATE DEVELOPMENT, 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 FORESCO REAL ESTATE DEVELOPMENT?
What happened at FORESCO REAL ESTATE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,989. filed late Source: NBB ↗
- New establishment in Brasschaat. KBO
- JYV Finance BVBA became a director. NBB
- Ann Clemens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,254 profit in 2022 to € 23,989 profit in 2025.
Best year ever: 2025, with € 23,989 profit.
Management
Behind FORESCO REAL ESTATE DEVELOPMENT are Ann Clemens, JYV Finance BVBA and Frédéric De Vel. JYV Finance BVBA is also behind VHC INVESTCO, Sertius Group, DAMIER CARE SPV, CARE INVESTCO and TOCG. Frédéric De Vel is also behind RIJSTFABRIEK.
Directors
According to the 2025 annual accounts
Ann Clemens
Director
since 2010
Director · represented by Jean Yves De Vel
Also active at: VHC INVESTCO, Sertius Group, DAMIER CARE SPV, CARE INVESTCO, TOCG, Brands Partners SPV, Damier Brands, PK Investco +1 more
since 2017
Establishments
Establishment units
Physical locations of this company
Bredabaan 569
2930 Brasschaat
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
- 0404.640.646
- VAT number
- BE 0404.640.646
- Registered office
- Bredabaan 569, 2930 Brasschaat
- Names & denominations
- FORESCO REAL ESTATE DEVELOPMENT · FRED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Zagen en schaven van hout
Groothandel in hout