Financials
Financial year 2025
TUI Belgium Real Estate from Zaventem, company number BE0405765351, closed financial year 2025 with a result of € 203,899 after tax. Compared with financial year 2024, the result moved from € 231,871 to € 203,899. The company is profitable. 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 January 16, 2026.
€ 11.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 203,899
▼ 12% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.5 million.
People and assets in 2025
€ 5,839
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▼ 30% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 532,807
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.
€ 78,588
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 389,283 | € 746,020 | € 231,871 | € 203,899 | ▼ 12% |
| Equity | € 10,267,429 | € 11,013,450 | € 11,245,322 | € 11,449,221 | ▲ 2% |
| Total debts | € 9,074,685 | € 7,467,141 | € 6,495,633 | € 4,005,334 | ▼ 38% |
| Land & buildings | € 3,781,670 | € 3,715,811 | € 3,695,561 | € 4,155,278 | ▲ 12% |
| Retained profit | € 5,287,429 | € 6,033,450 | € 6,265,322 | € 6,469,221 | ▲ 3% |
| Bank debt | € 7,757,575 | € 6,303,030 | € 4,848,485 | € 3,393,940 | ▼ 30% |
| Balance sheet total | € 20,142,114 | € 19,280,591 | € 18,540,956 | € 16,254,555 | ▼ 12% |
Key figures of TUI Belgium 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 30 April 2027.
What happened to TUI Belgium Real Estate?
What happened at TUI Belgium Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luke Bailey stepped down as director. NBB
- Ivan Smeets stepped down as director. NBB
- Arjan Kers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 203,899 (▼ 12% vs 2024). Source: NBB ↗
- Luke Bailey became a director. NBB
- Ivan Smeets became a director. NBB
- Arjan Kers became a director. NBB
- Gunther Hofman stepped down as director. NBB
In short
From € 389,283 profit in 2022 to € 203,899 profit in 2025.
Paid € 597,441 in corporate taxes since 2022.
Best year ever: 2023, with € 746,020 profit.
Pays suppliers within 115 days on average.
Management
The stake of TUI Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TUI Belgium Real EstateThe shares are held by TUI Belgium (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2021 · until 2025
Director · represented by Wim Van Besien
Also active at: TUI Belgium, TUI Belgium Retail, TEC4JETS, PATS, HYDRANT REFUELLING SYSTEM, BELGIAN TRAVEL NETWORK, TUI TECHNOLOGY, TUI AIRLINES BELGIUM
since 2021 · until 2024
Ivan Smeets
Director
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luchthaven Brussel Nationaal 40P box 1
1930 Zaventem
Luchthaven Brussel Nationaal 40P
1930 Zaventem
Active since 1 April 1969
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
- 0405.765.351
- VAT number
- BE 0405.765.351
- Registered office
- Luchthaven Brussel Nationaal 40P bus 1, 1930 Zaventem
- Names & denominations
- TUI Belgium Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus