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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
URBAN ESTATES from Edegem, company number BE0423513876, closed financial year 2025 with a result of € 27,167 after tax. For that financial year URBAN ESTATES recorded a gross margin of € -7,232 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 22,158 to € 27,167. Profitable, and profit is growing. 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 August 31, 2026.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,167
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 225
▲ 22% 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 € 1.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,341
▲ 184% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,084
▲ 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 | € -21,740 | € -7,693 | € -8,489 | € -7,232 | ▲ € 1,257 |
| Profit after taxes | € 11,403 | € 21,109 | € 22,158 | € 27,167 | ▲ 23% |
| Equity | € 1,318,472 | € 1,339,581 | € 1,361,739 | € 1,388,906 | ▲ 2% |
| Total debts | € 372,341 | € 331,553 | € 303,293 | € 318,858 | ▲ 5% |
| Cash | € 6,062 | € 109 | € 184 | € 225 | ▲ 22% |
| Retained profit | € 1,256,972 | € 1,278,081 | € 1,300,239 | € 1,327,406 | ▲ 2% |
| Balance sheet total | € 1,690,814 | € 1,671,134 | € 1,665,032 | € 1,707,764 | ▲ 3% |
Key figures of URBAN ESTATES, 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 URBAN ESTATES?
What happened at URBAN ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,167 (▲ 23% vs 2024). filed late Source: NBB ↗
- Fragimar stepped down as director. NBB
- Fragimar became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,403 profit in 2022 to € 27,167 profit in 2025.
Paid € 34,580 in corporate taxes since 2022.
Best year ever: 2025, with € 27,167 profit.
Management
Behind URBAN ESTATES is Frank Smolders. Frank Smolders is also behind Fragimar.
Directors
According to the 2025 annual accounts
Managing director · represented by Frank Smolders
Also active at: DECORATIE EN SERVICE, TOP LOCATIONS
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 50
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0423.513.876
- VAT number
- BE 0423.513.876
- Registered office
- Mechelsesteenweg 50, 2650 Edegem
- Names & denominations
- URBAN ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1983
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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