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.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Estate from Beringen, company number BE0447087945, closed financial year 2025 with a result of € -486,026 after tax. For that financial year Estate recorded revenue of € 881,258 and equity of € 10.6 million. Compared with financial year 2024, the result moved from € -365,366 to € -486,026. 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 August 27, 2026.
€ 10.6 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -486,026
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 42,257
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 140,473
▲ 2% vs 2024
€ 140,500 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.
€ 84,183
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.9 million
▼ 5% vs 2024
€ 309,448 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 113,563
▲ € 85,512 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 47,088
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 447,027 | € 687,028 | € 934,311 | € 881,258 | ▼ 6% |
| Profit after taxes | € -933,343 | € 239,060 | € -365,366 | € -486,026 | ▼ € 120,660 |
| Equity | € 11,166,523 | € 11,405,582 | € 11,040,216 | € 10,554,190 | ▼ 4% |
| Total debts | € 7,521,406 | € 10,820,841 | € 12,148,003 | € 13,277,783 | ▲ 9% |
| Cash | € 44,959 | € 30,598 | € 50,198 | € 42,257 | ▼ 16% |
| Land & buildings | € 3,133,722 | € 7,676,519 | € 8,225,104 | € 8,463,191 | ▲ 3% |
| Retained profit | € 1,854,523 | € 2,093,582 | € 1,728,216 | € 1,242,190 | ▼ 28% |
| Bank debt | € 3,695,561 | € 6,469,653 | € 6,155,734 | € 5,854,265 | ▼ 5% |
| Balance sheet total | € 18,988,299 | € 22,656,618 | € 23,593,163 | € 24,211,706 | ▲ 3% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Estate, 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 Estate?
What happened at Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 486,026. filed late Source: NBB ↗
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 933,343 loss in 2022 to € 486,026 loss in 2025.
Paid € 4,309 in corporate taxes since 2022.
Best year ever: 2023, with € 239,060 profit.
Pays suppliers within 104 days on average.
Management
Behind Estate are Heidi Theys and Robert Verbeeck. It owns 100% of Balenberg and 100% of De Vijvers itself.
Directors
According to the 2025 annual accounts
Heidi Theys
Director
Also active at: DE VIJVERS, GOLAZO SPORTS, SPORTIZON, GOLAZO MEDIA, GRACIAS, BALENBERG
Robert Verbeeck
Managing director
Also active at: DE VIJVERS, GOLAZO SPORTS, SERCU GLOBAL CONSULTING, SPORTIZON, MEMORIAL VAN DAMME, GOLAZO MEDIA, CHRONORACE - ELECTRONIC TIMING, ABSoluut Gent 10 Mijl +16 more
Establishments
Establishment units
Physical locations of this company
Schoebroekstraat 8
3583 Beringen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →GOLAZO SPORTS same network
€ 50 million revenue · 2025
SERCU GLOBAL CONSULTING same network
€ 52,485 gross margin · 2025
ARKO SPORTS MEDIA
€ 79,969 gross margin · 2025
GOLAZO MEDIA same network
€ -2,318 gross margin · 2025
CHRONORACE - ELECTRONIC TIMING same network
€ 1.5 million gross margin · 2025
+21 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
- 0447.087.945
- VAT number
- BE 0447.087.945
- Registered office
- Schoebroekstraat 8, 3583 Beringen
- Names & denominations
- Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1992
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
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