Active · per the CBE, 16 September 2026

DRECOT

BE0450856394

Rechtspersoon Public limited company 1 establishment

DRECOT is a property company in Watermaal-Bosvoorde. Public Limited, started on 14 September 1993, 1 establishment.

Tumulidreef 10 box C, 1170 Watermaal-Bosvoorde

Active for

33 year

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

DRECOT from Watermaal-Bosvoorde, company number BE0450856394, closed financial year 2025 with a result of € -88,921 after tax. For that financial year DRECOT recorded a gross margin of € 1.6 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 871,896 to € -88,921. 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 June 25, 2026.

What it is worth Healthy

€ 7.8 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -88,921

▼ still € 871,896 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 303,717

▼ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5.2 million.

People and assets in 2025

Wage cost

€ 50,960

▲ 27% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 13 years to go

€ 7 million

▼ 8% vs 2024

€ 553,974 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 403,561

▲ 69% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 179,107 € 210,739 € 2,093,656 € 1,578,027 ▼ 25%
Profit after taxes € -135,217 € 2,832,768 € 871,896 € -88,921 ▼ € 960,818
Equity € 4,141,614 € 6,974,382 € 7,846,279 € 7,757,357 ▼ 1%
Total debts € 13,009,628 € 6,745,131 € 8,178,447 € 7,628,674 ▼ 7%
Cash € 997,033 € 410,213 € 408,090 € 303,717 ▼ 26%
Land & buildings € 1,317,785 € 1,258,290 € 11,133,385 € 10,536,408 ▼ 5%
Retained profit € -8,783,386 € -5,950,618 € -5,078,721 € -5,167,643 ▼ € 88,921
Bank debt € 12,904,196 € 6,643,690 € 7,623,652 € 7,027,660 ▼ 8%
Balance sheet total € 17,151,243 € 13,719,513 € 16,024,726 € 15,386,031 ▼ 4%

Key figures of DRECOT, 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 DRECOT?

What happened at DRECOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • MILLESIME MANAGEMENT SRL stepped down as director. NBB
  • Xavier de THIBAULT de BOESINGHE, Avocat stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 88,921 (▼ € 960,818 vs 2024). Source: NBB ↗
  • Jeanne de MARCHANT et d'ANSEMBOURG stepped down as director. NBB
  • Alice de MARCHANT et d'ANSEMBOURG stepped down as director. NBB
  • MILLESIME MANAGEMENT SRL became a director. NBB
  • Xavier de THIBAULT de BOESINGHE, Avocat became a director. NBB
  • Jeanne de MARCHANT et d'ANSEMBOURG became a director. NBB

In short

From € 135,217 loss in 2022 to € 88,921 loss in 2025.

Paid € 226,429 in corporate taxes since 2022.

Best year ever: 2023, with € 2.8 million profit.

Management

VINTAGES 33.3%
REUEKA 33.3%
ZADEC 33.3%

The stake of VINTAGES, REUEKA, ZADEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DRECOT

The shares are held by VINTAGES (33.3%), REUEKA (33.3%) and ZADEC (33.3%). It owns 100% of Régie, Gérance et Gestion itself.

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Directors

According to the 2025 annual accounts

MILLESIME MANAGEMENT SRL

Director · represented by Bernard de CATERS

Also active at: Immogrim, URBAN TOUCH

since 2023 · until 2029

Jeanne de MARCHANT et d'ANSEMBOURG

Director

Also active at: Immogrim, Régie, Gérance et Gestion

since 2020 · until 2026

Alice de MARCHANT et d'ANSEMBOURG

Director

Also active at: Immogrim, Régie, Gérance et Gestion, MAREDCO

since 2020 · until 2026

Xavier de THIBAULT de BOESINGHE, Avocat

Director · represented by Xavier de THIBAULT de BOESINGHE

Also active at: Immogrim, IMMO BEAUFAYS

since 2023 · until 2029

Shareholders

VINTAGES

33.3%

REUEKA

33.3%

ZADEC

33.3%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Tumulidreef 10 box C

1170 Watermaal-Bosvoorde

2.064.667.071

Brand Whitlocklaan 114 box 2

1200 Sint-Lambrechts-Woluwe

Active since 16 December 1993

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
0450.856.394
VAT number
BE 0450.856.394
Registered office
Tumulidreef 10 bus C, 1170 Watermaal-Bosvoorde
Names & denominations
DRECOT
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
14 September 1993
Peppol
Not registered
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Frequently asked questions

What does DRECOT do?
DRECOT is a property company in Watermaal-Bosvoorde. Public Limited, started on 14 September 1993, 1 establishment.
What is the address of DRECOT?
The registered office of DRECOT is located at Tumulidreef 10 box C, 1170 Watermaal-Bosvoorde.
Is DRECOT still active?
Yes. According to the CBE (16 September 2026) DRECOT is active, legal situation “Normale toestand”, started on 14 September 1993.
Is DRECOT registered on Peppol?
No, DRECOT is currently not registered on the Peppol network.
What is the enterprise number of DRECOT?
The enterprise number of DRECOT is BE0450856394.
When was DRECOT founded?
DRECOT was founded on 14 September 1993.