Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
KUMPEN REAL ESTATE DEVELOPMENT from Hasselt, company number BE0406171860, closed financial year 2025 with a result of € -214,855 after tax. For that financial year KUMPEN REAL ESTATE DEVELOPMENT recorded a gross margin of € -198,277 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -333,845 to € -214,855. 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 10, 2026.
€ 1.2 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -214,855
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,370
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 223,640.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 7,511
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,000
▲ 134% vs 2024
Loans from banks and other lenders, long and short.
€ 301,131
▲ € 268,611 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,993 | € 380,535 | € -290,790 | € -198,277 | ▲ € 92,513 |
| Profit after taxes | € -90,018 | € 333,028 | € -333,845 | € -214,855 | ▲ € 118,990 |
| Equity | € 1,439,313 | € 1,772,340 | € 1,438,495 | € 1,223,640 | ▼ 15% |
| Total debts | € 456,174 | € 1,090,004 | € 869,454 | € 1,214,848 | ▲ 40% |
| Cash | € 15,473 | € 105,211 | € 32,888 | € 29,370 | ▼ 11% |
| Retained profit | € 439,313 | € 772,340 | € 438,495 | € 223,640 | ▼ 49% |
| Bank debt | € 200,000 | € 800,000 | € 50,000 | € 117,000 | ▲ 134% |
| Balance sheet total | € 1,895,487 | € 2,862,344 | € 2,307,949 | € 2,438,488 | ▲ 6% |
Key figures of KUMPEN 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 KUMPEN REAL ESTATE DEVELOPMENT?
What happened at KUMPEN 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: loss of € 214,855. Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,018 loss in 2022 to € 214,855 loss in 2025.
Paid € 920 in corporate taxes since 2022.
Best year ever: 2023, with € 333,028 profit.
Management
The stake of K-CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KUMPEN REAL ESTATE DEVELOPMENTBehind KUMPEN REAL ESTATE DEVELOPMENT are RK-INVEST BV, PK MANAGEMENT & CONSULTING BV and ANCOFIN NV. The shares are held by K-CONSTRUCT (99.9%). It owns 50% of Urban Estates Cadix NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Maxime-Robert Kumpen
Also active at: Kempenland, Stevas, K-CONSTRUCT
Managing director · represented by Paul Kumpen
Also active at: Kempenland, K-CONSTRUCT, URBAN ESTATES CADIX, KUBORN REAL ESTATE
Managing director · represented by Jan Henri Kumpen
Also active at: Kempenland, K-CONSTRUCT, URBAN ESTATES CADIX, DOCKLANDS, KUBORN REAL ESTATE, NOVA MONS, NOVA MONS CONSTRUCTION
Shareholders
99.9%
Participations
Establishments
Establishment units
Physical locations of this company
Bedrijfsstraat 17
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Kempenland same network
€ -7,184 gross margin · 2025
SERGE POWER
€ 65,810 gross margin · 2024
PEKARACING
€ 312,363 gross margin · 2025
K-CONSTRUCT same network
€ 32,077 gross margin · 2025
URBAN ESTATES CADIX same network
€ -611 gross margin · 2025
+1 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
- 0406.171.860
- VAT number
- BE 0406.171.860
- Registered office
- Bedrijfsstraat 17, 3500 Hasselt
- Names & denominations
- KUMPEN REAL ESTATE DEVELOPMENT · KUMPEN RED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 1968
- Peppol
- Active · Active since 17 Jul 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Activiteiten van holdings
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Bouw van andere civieltechnische werken, neg
Holdings