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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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
REAL HOUSES from Sint-Martens-Latem, company number BE0405295395, closed financial year 2025 with a result of € -54,367 after tax. For that financial year REAL HOUSES recorded a gross margin of € -70,802 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 840,120 to € -54,367. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 5, 2026.
€ 2.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,367
▼ still € 840,120 profit in 2024
Profit after tax over the fiscal year.
€ 127,520
▲ € 119,680 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31,075
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,234
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -102,173 | € 415,906 | € 215,086 | € -70,802 | ▼ € 285,888 |
| Profit after taxes | € -145,235 | € 649,966 | € 840,120 | € -54,367 | ▼ € 894,487 |
| Equity | € 3,460,024 | € 2,509,990 | € 2,210,110 | € 2,155,743 | ▼ 2% |
| Total debts | € 12,626,216 | € 2,393,368 | € 1,318,107 | € 126,809 | ▼ 90% |
| Cash | € 103,547 | € 136,041 | € 7,840 | € 127,520 | ▲ € 119,680 |
| Retained profit | € 3,333,024 | € 2,382,990 | € 2,083,110 | € 2,028,743 | ▼ 3% |
| Dividend | € 2,800,000 | € 1,600,000 | € 1,140,000 | € 0 | ▼ 100% |
| Balance sheet total | € 16,176,240 | € 4,995,858 | € 3,560,717 | € 2,292,552 | ▼ 36% |
Key figures of REAL HOUSES, 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 REAL HOUSES?
What happened at REAL HOUSES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PATCOBEL NV stepped down as director. NBB
- VW MANAGEMENT BV stepped down as director. NBB
- PAT-PROMOTION BV stepped down as director. NBB
- MALUAR BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 54,367 (▼ € 894,487 vs 2024). Source: NBB ↗
- PATCOBEL NV became a director. NBB
- VW MANAGEMENT BV became a director. NBB
- PAT-PROMOTION BV became a director. NBB
In short
From € 145,235 loss in 2022 to € 54,367 loss in 2025.
Paid € 113,265 in corporate taxes since 2022.
Best year ever: 2024, with € 840,120 profit.
Paid out € 5.5 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PATCOBEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
REAL HOUSESThe shares are held by PATCOBEL (50%). It owns 100% of Zilt Estate BV itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Director · represented by Estelle De Gryse
Also active at: Mc Three Group, SOVANEST, Waregem RE
since 2025 · until 2031
since 2025 · until 2031
Managing director · represented by Matthias Page
Also active at: ZILT ESTATE, PRECONEX INVEST, Mc Three Group, YOLA INVEST, YOLA IMMO, SOVANEST
since 2025 · until 2031
Shareholders
50%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Xavier De Cocklaan 70
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →ZILT ESTATE same network
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€ 14,300 gross margin · 2024
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+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.295.395
- VAT number
- BE 0405.295.395
- Registered office
- Xavier De Cocklaan 70, 9831 Sint-Martens-Latem
- Names & denominations
- REAL HOUSES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed