Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RESTEL FLATS from Mechelen, company number BE0413550491, closed financial year 2025 with a result of € -245,023 after tax. For that financial year RESTEL FLATS recorded revenue of € 57.2 million and equity of € 19.1 million. Compared with financial year 2024, the result moved from € -1.9 million to € -245,023. 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.
€ 19.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -245,023
▲ 87 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,977
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12.5 million.
People and assets in 2025
714.6
▼ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 46 million
▲ 4% vs 2024
€ 64,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,889
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 4.8 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 10.4 million
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,252,782 | € 42,981,300 | € 53,160,885 | € 57,228,405 | ▲ 8% |
| Profit after taxes | € 925,050 | € 410,175 | € -1,893,439 | € -245,023 | ▲ € 1.6 million |
| Equity | € 20,367,438 | € 20,777,613 | € 19,360,250 | € 19,115,227 | ▼ 1% |
| Total debts | € 18,805,513 | € 16,604,716 | € 22,201,732 | € 20,730,877 | ▼ 7% |
| Cash | € 335,482 | € 274,351 | € 68,465 | € 3,977 | ▼ 94% |
| Land & buildings | € 53,864 | € 51,136 | € 48,409 | € 45,682 | ▼ 6% |
| Retained profit | € 14,208,848 | € 14,619,023 | € 12,733,060 | € 12,488,037 | ▼ 2% |
| Bank debt | € 6,326 | € 482,985 | € 1,121,082 | € 1,146,481 | ▲ 2% |
| Balance sheet total | € 39,672,951 | € 37,382,329 | € 41,561,982 | € 39,846,104 | ▼ 4% |
| Employees (FTE) | 581.2 | 636.3 | 719.8 | 714.6 | ▼ 5.2 |
Key figures of RESTEL FLATS, 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 RESTEL FLATS?
What happened at RESTEL FLATS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Colisée Belgium NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 245,023. Source: NBB ↗
- New establishment in Dinant. KBO
- Colisée Belgium NV became a director. NBB
- New establishment in Liège. KBO
- New establishment in Messancy. KBO
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- New establishment in Ottignies-Louvain-la-Neuve. KBO
In short
From € 925,050 profit in 2022 to € 245,023 loss in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 925,050 profit.
Pays suppliers within 85 days on average.
Management
The stake of Home Sebrechts comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RESTEL FLATSThe shares are held by Armonea NV (100%) and Home Sebrechts (0.1%). It owns 1.6% of Armonea NV, 0.3% of PHI-BIS, 0.2% of HOME ALBRECHT RODENBACH, 0.1% of PARAMEDICAL SERVICES, 0% of ARMONEA@HOME and 0% of ZORGHOME DE FAKKEL itself.
Directors
According to the 2025 annual accounts
Director · represented by Yves Remy
Owns 98.4% via Armonea NV
Also active at: HUIZE LIEVE MOENSSENS, Populierenhof, EYCKENBORGH, VOLUNTEERS FOR SENIORS, Home Sebrechts, HOME ALBRECHT RODENBACH, Hof ter Dennen, PARAMEDICAL SERVICES +18 more
since 2023 · until 2028
Shareholders
Armonea NV · holding of Colisée Belgium NV
100%
0.1%
Participations
1.6%
0.3%
0.1%
0%
Establishments
Establishment units
Physical locations of this company
Stationsstraat 102
2800 Mechelen
Avenue des Trois Couronnes 16
4130 Esneux
Active since 2 April 1998
Rue du Ménil 95
1420 Braine-l'Alleud
Active since 29 September 1999
Chaussée de Dinant(WP) 708-710
5100 Namur
Active since 1 November 2008
Gheerstraat(WAA) 56
7784 Comines-Warneton
Active since 1 May 2005
Gheerstraat(WAA) 2
7784 Comines-Warneton
Active since 1 May 2008
Rue Louise Michel 5
4000 Liège
Active since 1 August 2021
Rue de la Gare 49
6780 Messancy
Active since 1 August 2021
Avenue des Villas 16
1340 Ottignies-Louvain-la-Neuve
Active since 1 August 2021
Avenue des Villas 18
1340 Ottignies-Louvain-la-Neuve
Active since 1 January 2021
Pont-d'Amour 58
5500 Dinant
Active since 1 October 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VOLUNTEERS FOR SENIORS same network
Home Sebrechts same network
€ 34.8 million revenue · 2025
FAMIFAMENNE same network
€ 12 million revenue · 2025
eenheid-btw Armonea
Always Home same network
€ 8.9 million revenue · 2025
+2 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
- 0413.550.491
- VAT number
- BE 0413.550.491
- Registered office
- Stationsstraat 102, 2800 Mechelen
- Names & denominations
- RESTEL FLATS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1973
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Rusthuizen voor ouderen (ROB)
Rust- en verzorgingstehuizen
Serviceflats voor ouderen
Rust- en verzorgingstehuizen (RVT)