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.
Financials
Financial year 2025
KGRE 3 from Keerbergen, company number BE0438537295, closed financial year 2025 with a result of € -46,583 after tax. For that financial year KGRE 3 recorded a gross margin of € -6,943 and equity of € 729,066. Compared with financial year 2024, the result moved from € -59,975 to € -46,583. The company made a loss. 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 5, 2026.
€ 729,066
▲ € 597,417 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,583
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 276,117
▲ 293% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,066.
Debts at end 2025
€ 450,115
▼ 5% vs 2024
€ 26,589 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 122
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 191,926 | € -91,411 | € -24,359 | € -6,943 | ▲ € 17,416 |
| Profit after taxes | € -87,188 | € -50,621 | € -59,975 | € -46,583 | ▲ € 13,392 |
| Equity | € 242,245 | € 191,624 | € 131,649 | € 729,066 | ▲ € 597,417 |
| Total debts | € 162,170 | € 703,563 | € 488,706 | € 751,660 | ▲ 54% |
| Cash | € 17,655 | € 4,779 | € 70,296 | € 276,117 | ▲ 293% |
| Land & buildings | - | € 699,516 | € 683,463 | € 1,332,646 | ▲ 95% |
| Retained profit | € 180,245 | € 129,624 | € 69,649 | € 23,066 | ▼ 67% |
| Bank debt | € 24,719 | € 500,000 | € 475,659 | € 450,115 | ▼ 5% |
| Balance sheet total | € 542,018 | € 1,032,789 | € 753,759 | € 1,610,090 | ▲ 114% |
| Employees (FTE) | 6.1 | 0 | 0 | - |
Key figures of KGRE 3, fiscal years 2021 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 KGRE 3?
What happened at KGRE 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vanlancker NV stepped down as director. NBB
- FSD NV stepped down as director. NBB
- J&R NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 46,583. filed late Source: NBB ↗
- Vanlancker NV became a director. NBB
- FSD NV became a director. NBB
- J&R NV became a director. NBB
- New establishment in Keerbergen. KBO
In short
From € 87,188 loss in 2021 to € 46,583 loss in 2025.
Paid € 438 in corporate taxes since 2021.
On average € 31,500 of value added per employee in 2021.
Management
The stake of KG REAL ESTATE, GCM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KGRE 3The shares are held by KG REAL ESTATE (99.9%) and GCM (91.2%).
Directors
According to the 2025 annual accounts
Managing director · represented by Freddy Vanlancker
Also active at: AUTOBEDRIJF VALCK LIER, AUTOBEDRIJF KIEWIT HASSELT, FPF, CARE 4 DRIVERS, LTCS, VAROOMSHKA, DEVEBE, MORE & MORE +9 more
since 2022 · until 2028
Director · represented by Marie Vanlancker
Also active at: AUTOBEDRIJF VALCK LIER, AUTOBEDRIJF KIEWIT HASSELT, FPF, CARE 4 DRIVERS, CARE 4 CARE, LTCS, VAROOMSHKA, DEVEBE +7 more
since 2022 · until 2028
Director · represented by Cyriel Vanlancker
Also active at: AUTOBEDRIJF VALCK LIER, AUTOBEDRIJF KIEWIT HASSELT, FPF, CARE 4 DRIVERS, VAROOMSHKA, DEVEBE, MORE & MORE, DRIVEX +6 more
since 2022 · until 2028
Shareholders
99.9%
91.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlieghavenlaan 9A
3140 Keerbergen
Vlieghavenlaan 9 box A
3140 Keerbergen
Active since 27 October 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0438.537.295
- VAT number
- BE 0438.537.295
- Registered office
- Vlieghavenlaan 9A, 3140 Keerbergen
- Names & denominations
- KGRE 3
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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