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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Contractor, Real Estate Constructions from Beersel, company number BE0419732757, closed financial year 2025 with a result of € 642 after tax. For that financial year Contractor, Real Estate Constructions recorded a gross margin of € 14,235 and equity of € 532,747. Compared with financial year 2024, the result moved from € 1,389 to € 642. 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 June 10, 2026.
€ 532,747
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 642
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 5,117
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 402,747.
Debts at end 2025
€ 110,296
▼ 9% vs 2024
€ 11,362 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 45
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,670 | € 353,603 | € 9,309 | € 14,235 | ▲ 53% |
| Profit after taxes | € 179 | € 236,544 | € 1,389 | € 642 | ▼ 54% |
| Equity | € 294,172 | € 530,716 | € 532,105 | € 532,747 | |
| Total debts | € 195,345 | € 155,678 | € 133,564 | € 122,540 | ▼ 8% |
| Cash | € 2,129 | € 9,893 | € 5,203 | € 5,117 | ▼ 2% |
| Land & buildings | € 481,429 | € 447,334 | € 450,688 | € 444,394 | ▼ 1% |
| Retained profit | € 164,172 | € 400,716 | € 402,105 | € 402,747 | |
| Bank debt | € 150,058 | € 134,766 | € 121,304 | € 110,296 | ▼ 9% |
| Balance sheet total | € 489,517 | € 686,394 | € 665,669 | € 655,287 | ▼ 2% |
Key figures of Contractor, Real Estate Constructions, 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 Contractor, Real Estate Constructions?
What happened at Contractor, Real Estate Constructions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 642 (▼ 54% vs 2024). Source: NBB ↗
- New establishment in Beersel. KBO
- Start of the company according to the CBE. KBO
In short
From € 179 profit in 2022 to € 642 profit in 2025.
Paid € 113,458 in corporate taxes since 2022.
Best year ever: 2023, with € 236,544 profit.
Management
Behind Contractor, Real Estate Constructions are Tony Musiek, Tom Musiek, Monique Albert and Jo Musiek.
Directors
According to the 2025 annual accounts
Tony Musiek
Managing director
Tom Musiek
Director
Monique Albert
Director
Jo Musiek
Director
Establishments
Establishment units
Physical locations of this company
Vanderveldenlaan 11
1652 Beersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.732.757
- VAT number
- BE 0419.732.757
- Registered office
- Vanderveldenlaan 11, 1652 Beersel
- Names & denominations
- Contractor, Real Estate Constructions · Coreco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1979
- Peppol
- Active · Active since 13 Nov 2025