Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SANTAL ESTATES from Hoeilaart, company number BE0444726885, closed financial year 2025 with a result of € -8,805 after tax. For that financial year SANTAL ESTATES recorded a gross margin of € -539 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € 2,705 to € -8,805. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ -1.3 million
▼ € 8,805 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,805
▼ still € 2,705 profit in 2024
Profit after tax over the fiscal year.
€ 10,652
▲ 205% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,493
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 475,000
Loans from banks and other lenders, long and short.
€ 52,888
▲ € 50,369 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,737 | € 97 | € 8,511 | € -539 | ▼ € 9,049 |
| Profit after taxes | € 84,846 | € -4,986 | € 2,705 | € -8,805 | ▼ € 11,511 |
| Equity | € -1,261,053 | € -1,266,039 | € -1,263,333 | € -1,272,139 | ▼ € 8,805 |
| Total debts | € 1,367,356 | € 1,300,017 | € 1,382,189 | € 1,852,618 | ▲ 34% |
| Cash | € 87,122 | € 8,221 | € 3,495 | € 10,652 | ▲ 205% |
| Retained profit | € -1,323,053 | € -1,328,039 | € -1,325,333 | € -1,334,139 | ▼ € 8,805 |
| Bank debt | € 0 | € 0 | € 0 | € 475,000 | |
| Balance sheet total | € 106,303 | € 33,979 | € 118,855 | € 580,479 | ▲ € 461,624 |
Key figures of SANTAL 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 SANTAL ESTATES?
What happened at SANTAL ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dominique Coucke stepped down as director. NBB
- Christian Depauw stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,805 (▼ € 11,511 vs 2024). Source: NBB ↗
- Dominique Coucke became a director. NBB
- Christian Depauw became a director. NBB
- New establishment in Hoeilaart. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,846 profit in 2022 to € 8,805 loss in 2025.
Best year ever: 2022, with € 84,846 profit.
Management
The stake of VOLUME NR 1 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SANTAL ESTATESThe shares are held by VOLUME NR 1 (0%). It owns 0% of Volume NR1 itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
Shareholders
0%
Participations
0%
Establishments
Establishment units
Physical locations of this company
Hertenlaan 25
1560 Hoeilaart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0444.726.885
- VAT number
- BE 0444.726.885
- Registered office
- Hertenlaan 25, 1560 Hoeilaart
- Names & denominations
- SANTAL ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 1991
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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