Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.1 to 6.1.
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Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Van Roey Vastgoed from Rijkevorsel, company number BE0446230385, closed financial year 2025 with a result of € 145,600 after tax. For that financial year Van Roey Vastgoed recorded revenue of € 19.1 million and equity of € 22.6 million. Compared with financial year 2024, the result moved from € -489,606 to € 145,600. 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 March 12, 2026.
€ 22.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 145,600
▲ still € 489,606 loss in 2024
Profit after tax over the fiscal year.
€ 20,205
▼ 73% 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 € 16.3 million.
People and assets in 2025
6.1
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 872,329
▼ 6% vs 2024
€ 143,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,951
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▼ 79% vs 2024
Loans from banks and other lenders, long and short.
€ 4.8 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 157,700
▼ 80% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,024,307 | € 50,357,057 | € 22,266,741 | € 19,060,828 | ▼ 14% |
| Profit after taxes | € 2,407,809 | € -93,505 | € -489,606 | € 145,600 | ▲ € 635,205 |
| Equity | € 23,000,000 | € 22,906,495 | € 22,416,890 | € 22,562,489 | ▲ 1% |
| Total debts | € 39,625,508 | € 23,669,456 | € 31,458,483 | € 26,051,652 | ▼ 17% |
| Cash | € 1,880,850 | € 1,530,440 | € 75,636 | € 20,205 | ▼ 73% |
| Retained profit | € 16,763,778 | € 16,670,273 | € 16,180,668 | € 16,326,267 | ▲ 1% |
| Dividend | € 2,407,809 | € 0 | € 0 | € 0 | |
| Bank debt | € 20,393,885 | € 12,403,270 | € 17,297,441 | € 3,613,000 | ▼ 79% |
| Balance sheet total | € 62,625,508 | € 46,575,951 | € 53,875,373 | € 48,614,141 | ▼ 10% |
| Employees (FTE) | 11.2 | 9.1 | 7.1 | 6.1 | ▼ 1 |
Key figures of Van Roey Vastgoed, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Van Roey Vastgoed?
What happened at Van Roey Vastgoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elbotech bv stepped down as director. NBB
- Groep Van Roey stepped down as director. NBB
- Malex VR bv stepped down as director. NBB
- Kuvaro bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 145,600. Source: NBB ↗
- Elbotech bv became a director. NBB
- Groep Van Roey became a director. NBB
- Malex VR bv became a director. NBB
In short
From € 2.4 million profit in 2022 to € 145,600 profit in 2025.
Paid € 10,832 in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
Paid out € 2.4 million in dividends to the owners in total.
Management
The shares are held by Groep Van Roey nv (100%). It owns 100% of Bedrijventerrein Luitenant Coppens, 100% of Prins Kavelhof, 100% of Van Roey Rode, 100% of De Linde Vastgoed, 100% of De Notelaar Vastgoed and 100% of Vulkanxpress itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Nancy Vervoort
Also active at: vanhout.pro, Van Roey Rode, Artem, GROEP VAN ROEY, Staalbeton, IFTECH, VULKANXPRESS, SPORTAVAN ONROEREND GOED +36 more
since 2024 · until 2027
Director · represented by Eddy Cox
Also active at: vanhout.pro, Van Roey Rode, Artem, Staalbeton, ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN, IFTECH, SPORTAVAN ONROEREND GOED, WOLFE +36 more
since 2024 · until 2027
Director · represented by Jef Van Roey
Also active at: GROEP VAN ROEY, Staalbeton, Klokkeven, Van Roey
since 2024 · until 2027
Director · represented by Eric Kurris
Also active at: GROEP VAN ROEY, Klokkeven, Van Roey, ALGEMENE BOUW MAES
since 2024 · until 2027
Shareholders
100%
Participations
100%
100%
100%
100%
100%
100%
50%
50%
33.3%
25.5%
12.5%
0.1%
Establishments
Establishment units
Physical locations of this company
Oostmalsesteenweg 261
2310 Rijkevorsel
Foreestelaan 86 box 101
9000 Gent
Active since 5 August 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →Van Roey Rode same network
€ 2.3 million revenue · 2025
GROEP VAN ROEY same network
€ 11 million revenue · 2025
MOMMEN WEGENBOUW same network
VULKANXPRESS same network
SPORTAVAN ONROEREND GOED same network
€ 1.5 million gross margin · 2025
+35 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
- 0446.230.385
- VAT number
- BE 0446.230.385
- Registered office
- Oostmalsesteenweg 261, 2310 Rijkevorsel
- Names & denominations
- Van Roey Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1991
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
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