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.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAVEZ RE from Erpe-Mere, company number BE0438047941, closed financial year 2025 with a result of € -682 after tax. For that financial year NAVEZ RE recorded a gross margin of € 6,025 and equity of € 165,166. Compared with financial year 2024, the result moved from € -2,590 to € -682. 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 1, 2026.
€ 165,166
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -682
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 90,798.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,006
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,279 | € 2,186 | € 2,109 | € 6,025 | ▲ 186% |
| Profit after taxes | € 1,110 | € -5,898 | € -2,590 | € -682 | ▲ € 1,908 |
| Equity | € 174,336 | € 168,438 | € 165,848 | € 165,166 | |
| Total debts | € 52,537 | € 53,935 | € 57,793 | € 62,550 | ▲ 8% |
| Land & buildings | € 221,373 | € 221,373 | € 221,373 | € 221,373 | |
| Retained profit | € 99,968 | € 94,070 | € 91,480 | € 90,798 | ▼ 1% |
| Bank debt | € 1,296 | € 5,695 | € 0 | € 0 | |
| Balance sheet total | € 226,873 | € 222,373 | € 223,641 | € 227,717 | ▲ 2% |
Key figures of NAVEZ RE, 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 NAVEZ RE?
What happened at NAVEZ RE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas TIMMERMANS stepped down as director. NBB
- Michèle BELLEFLAMME stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 682. Source: NBB ↗
- Thomas TIMMERMANS became a director. NBB
- Michèle BELLEFLAMME became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,110 profit in 2022 to € 682 loss in 2025.
Paid € 404 in corporate taxes since 2022.
Best year ever: 2022, with € 1,110 profit.
Management
The stake of ALDI REAL ESTATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAVEZ REThe shares are held by ALDI REAL ESTATE (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2030
Michèle BELLEFLAMME
Director
Also active at: ARMONY, M.D.E.-CONSULT, O.K. INVEST, ALDI REAL ESTATE, SPL RE
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keerstraat 4
9420 Erpe-Mere
Slotlaan 117 box 2
1200 Sint-Lambrechts-Woluwe
Active since 16 November 1989
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 →ALDI
€ 614.2 million revenue · 2025
ARMONY same network
€ 153,464 gross margin · 2025
ALDI HOLDING
€ 273.3 million revenue · 2025
M.D.E.-CONSULT same network
€ 237,786 gross margin · 2025
O.K. INVEST same network
€ -16,958 gross margin · 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
- 0438.047.941
- VAT number
- BE 0438.047.941
- Registered office
- Keerstraat 4, 9420 Erpe-Mere
- Names & denominations
- NAVEZ RE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1989
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden