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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LA REALE ESTATE from Waterloo, company number BE0452342870, closed financial year 2025 with a result of € -59,899 after tax. For that financial year LA REALE ESTATE recorded a gross margin of € 166,536 and equity of € 3.1 million. Compared with financial year 2024, the result moved from € -98,921 to € -59,899. 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 December 10, 2025.
€ 3.1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,899
▲ 39 % less loss than in 2024
Profit after tax over the fiscal year.
€ 32,732
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
€ 1,479
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 472,591
▼ 7% vs 2024
€ 49,268 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 6,208
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 138,284 | € 153,796 | € 110,589 | € 166,536 | ▲ 51% |
| Profit after taxes | € 35,883 | € 19,566 | € -98,921 | € -59,899 | ▲ € 39,022 |
| Equity | € 1,426,180 | € 3,243,264 | € 3,144,343 | € 3,084,445 | ▼ 2% |
| Total debts | € 265,527 | € 948,179 | € 1,055,896 | € 1,002,974 | ▼ 5% |
| Cash | € 130,171 | € 20,033 | € 22,999 | € 32,732 | ▲ 42% |
| Land & buildings | € 840,309 | € 3,844,484 | € 3,854,371 | € 3,728,862 | ▼ 3% |
| Retained profit | € 310,180 | € 1,187,264 | € 1,088,343 | € 1,028,445 | ▼ 6% |
| Bank debt | € 197,207 | € 515,467 | € 506,611 | € 472,591 | ▼ 7% |
| Balance sheet total | € 1,729,635 | € 4,606,764 | € 4,592,999 | € 4,456,012 | ▼ 3% |
Key figures of LA REALE 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 30 January 2027.
What happened to LA REALE ESTATE?
What happened at LA REALE ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Laycock stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 59,899. Source: NBB ↗
- Patrick Laycock became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,883 profit in 2022 to € 59,899 loss in 2025.
Paid € 10,234 in corporate taxes since 2022.
Best year ever: 2022, with € 35,883 profit.
Management
Directors
According to the 2025 annual accounts
Patrick Laycock
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Drève du Bois des Aulnes 6
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.342.870
- VAT number
- BE 0452.342.870
- Registered office
- Drève du Bois des Aulnes 6, 1410 Waterloo
- Names & denominations
- LA REALE ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1993
- Peppol
- Active · Active since 7 Dec 2025