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
Realest from Knokke-Heist, company number BE0412921377, closed financial year 2025 with a result of € -521,675 after tax. For that financial year Realest recorded a gross margin of € 34,579 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -548,553 to € -521,675. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 1.5 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -521,675
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,536
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
€ 31,176
▲ € 23,893 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.2 million
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 29,845
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 965
▼ 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 | |
|---|---|---|---|---|---|
| Gross margin | € 1,800,321 | € -70,770 | € 8,309 | € 34,579 | ▲ € 26,270 |
| Profit after taxes | € 789,982 | € -499,633 | € -548,553 | € -521,675 | ▲ € 26,878 |
| Equity | € 3,037,367 | € 2,537,733 | € 1,989,180 | € 1,467,505 | ▼ 26% |
| Total debts | € 5,482,805 | € 6,423,930 | € 6,780,660 | € 7,213,650 | ▲ 6% |
| Cash | € 10,326 | € 60,091 | € 25,675 | € 10,536 | ▼ 59% |
| Land & buildings | € 6,463,783 | € 7,880,079 | € 7,730,443 | € 8,435,460 | ▲ 9% |
| Retained profit | € -731,623 | € -1,231,256 | € -1,779,809 | € -2,301,484 | ▼ € 521,675 |
| Bank debt | € 5,375,000 | € 6,378,196 | € 6,725,000 | € 7,175,000 | ▲ 7% |
| Balance sheet total | € 8,520,171 | € 8,961,663 | € 8,769,840 | € 8,681,155 | ▼ 1% |
Key figures of Realest, 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 Realest?
What happened at Realest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SOVANEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 521,675. Source: NBB ↗
- SOVANEST NV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 789,982 profit in 2022 to € 521,675 loss in 2025.
Paid € 447,475 in corporate taxes since 2022.
Best year ever: 2022, with € 789,982 profit.
Management
The stake of SOVANEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RealestThe shares are held by SOVANEST (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Prins Karellaan 50
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ -29,069 gross margin · 2025
YOLA IMMO
€ -33,718 gross margin · 2025
private stichting Luna
private stichting PK50
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.921.377
- VAT number
- BE 0412.921.377
- Registered office
- Prins Karellaan 50, 8300 Knokke-Heist
- Names & denominations
- Realest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 1973
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Gemengd landbouwbedrijf
Gemengd bedrijf