What does STRACO REAL ESTATE DEVELOPMENT do?

STRACO REAL ESTATE DEVELOPMENT is registered with the CBE as active in: Projectontwikkeling voor woningbouw. Public Limited, started on 27 May 1994, 1 establishment.

What is the address of STRACO REAL ESTATE DEVELOPMENT?

The registered office of STRACO REAL ESTATE DEVELOPMENT is located at Kortrijksesteenweg 157, 9830 Sint-Martens-Latem.

Is STRACO REAL ESTATE DEVELOPMENT still active?

Yes. According to the CBE (29 October 2026) STRACO REAL ESTATE DEVELOPMENT is active, legal situation “Normale toestand”, started on 27 May 1994.

Is STRACO REAL ESTATE DEVELOPMENT registered on Peppol?

Yes, STRACO REAL ESTATE DEVELOPMENT is registered on the Peppol network with ID 0208:0452758386.

What is the enterprise number of STRACO REAL ESTATE DEVELOPMENT?

The enterprise number of STRACO REAL ESTATE DEVELOPMENT is BE0452758386.

When was STRACO REAL ESTATE DEVELOPMENT founded?

STRACO REAL ESTATE DEVELOPMENT was founded on 27 May 1994.

Who are the directors of STRACO REAL ESTATE DEVELOPMENT?

According to the 2025 annual accounts, the directors of STRACO REAL ESTATE DEVELOPMENT are: Straco RE Besloten vennootschap, ViBel Besloten Vennootschap, Ticaconsult Besloten Vennootschap.

Is STRACO REAL ESTATE DEVELOPMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 1994; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did STRACO REAL ESTATE DEVELOPMENT make in 2025?

STRACO REAL ESTATE DEVELOPMENT recorded a loss after taxes of € 596,816 in financial year 2025.

What is the revenue of STRACO REAL ESTATE DEVELOPMENT?

In its most recent annual accounts (2025), STRACO REAL ESTATE DEVELOPMENT reported revenue of € 693,291.

How much does an employee at STRACO REAL ESTATE DEVELOPMENT earn?

The average wage cost per full-time employee at STRACO REAL ESTATE DEVELOPMENT was € 94,900 in 2025: staff costs of € 1 million for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does STRACO REAL ESTATE DEVELOPMENT have?

According to the 2025 annual accounts, STRACO REAL ESTATE DEVELOPMENT has 10.6 full-time equivalents (FTE).

STRACO REAL ESTATE DEVELOPMENT (Public Limited)

Dossier STRACO REAL ESTATE DEVELOPMENT, printed on 29 October 2026 from databakkes.be/en/0452758386/straco-real-estate-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Two loss years in a row NBB

Negative result in 2024 and 2025.
Busy address KBO

43 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

STRACO REAL ESTATE DEVELOPMENT from Sint-Martens-Latem, company number BE0452758386, closed financial year 2025 with a result of € -596,816 after tax. For that financial year STRACO REAL ESTATE DEVELOPMENT recorded revenue of € 693,291 and equity of € 12 million. Compared with financial year 2024, the result moved from € -1.4 million to € -596,816. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.

What it is worth Healthy

€ 12 million

▼ 5% vs 2024

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

Loss Caution

€ -596,816

▲ 56 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 635,681

▼ 1% 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 € 10.7 million.

People and assets in 2025

Full-time equivalents

10.6

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 794,972 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1 million

▲ 1% vs 2024

€ 94,900 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.

Vehicles and equipment

€ 102,146

▼ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 237,903

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 109 days on average.

Taxes and wages

€ 146,793

▲ 30% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 611,299 Revenue 2022: € 611,299 First fiscal year in the series	€ 781,422 Revenue 2023: € 781,422 ▲ 28% vs 2022 (€ 611,299) Favourable step	€ 600,142 Revenue 2024: € 600,142 ▼ 23% vs 2023 (€ 781,422) Unfavourable step	€ 693,291 Revenue 2025: € 693,291 ▲ 16% vs 2024 (€ 600,142) Favourable step	▲ 16%
Profit after taxes	€ 8,362,160 Profit after taxes 2022: € 8,362,160 First fiscal year in the series	€ -1,224,877 Profit after taxes 2023: € -1,224,877 ▼ € 9.6 million vs 2022 (€ 8,362,160) Unfavourable step	€ -1,363,587 Profit after taxes 2024: € -1,363,587 ▼ € 138,711 vs 2023 (€ -1,224,877) Unfavourable step	€ -596,816 Profit after taxes 2025: € -596,816 ▲ € 766,772 vs 2024 (€ -1,363,587) Favourable step	▲ € 766,772
Equity	€ 15,187,583 Equity 2022: € 15,187,583 First fiscal year in the series	€ 13,962,706 Equity 2023: € 13,962,706 ▼ 8% vs 2022 (€ 15,187,583) Unfavourable step	€ 12,599,119 Equity 2024: € 12,599,119 ▼ 10% vs 2023 (€ 13,962,706) Unfavourable step	€ 12,002,303 Equity 2025: € 12,002,303 ▼ 5% vs 2024 (€ 12,599,119) Unfavourable step	▼ 5%
Total debts	€ 107,259,593 Total debts 2022: € 107,259,593 First fiscal year in the series	€ 57,557,407 Total debts 2023: € 57,557,407 ▼ 46% vs 2022 (€ 107,259,593) Favourable step	€ 69,374,883 Total debts 2024: € 69,374,883 ▲ 21% vs 2023 (€ 57,557,407) Unfavourable step	€ 80,308,276 Total debts 2025: € 80,308,276 ▲ 16% vs 2024 (€ 69,374,883) Unfavourable step	▲ 16%
Cash	€ 2,665,214 Cash 2022: € 2,665,214 First fiscal year in the series	€ 436,905 Cash 2023: € 436,905 ▼ 84% vs 2022 (€ 2,665,214) Unfavourable step	€ 639,217 Cash 2024: € 639,217 ▲ 46% vs 2023 (€ 436,905) Favourable step	€ 635,681 Cash 2025: € 635,681 ▼ 1% vs 2024 (€ 639,217) Unfavourable step	▼ 1%
Retained profit	€ 13,899,937 Retained profit 2022: € 13,899,937 First fiscal year in the series	€ 12,675,060 Retained profit 2023: € 12,675,060 ▼ 9% vs 2022 (€ 13,899,937) Unfavourable step	€ 11,311,473 Retained profit 2024: € 11,311,473 ▼ 11% vs 2023 (€ 12,675,060) Unfavourable step	€ 10,714,657 Retained profit 2025: € 10,714,657 ▼ 5% vs 2024 (€ 11,311,473) Unfavourable step	▼ 5%
Balance sheet total	€ 122,447,176 Balance sheet total 2022: € 122,447,176 First fiscal year in the series	€ 71,520,113 Balance sheet total 2023: € 71,520,113 ▼ 42% vs 2022 (€ 122,447,176) Unchanged	€ 81,974,002 Balance sheet total 2024: € 81,974,002 ▲ 15% vs 2023 (€ 71,520,113) Unchanged	€ 92,310,579 Balance sheet total 2025: € 92,310,579 ▲ 13% vs 2024 (€ 81,974,002) Unchanged	▲ 13%
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	9 Employees (FTE) 2023: 9 ▲ 2 vs 2022 (7) Unchanged	11 Employees (FTE) 2024: 11 ▲ 2 vs 2023 (9) Unchanged	10.6 Employees (FTE) 2025: 10.6 ▼ 0.4 vs 2024 (11) Unchanged	▼ 0.4

Key figures of STRACO REAL ESTATE DEVELOPMENT, 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 STRACO REAL ESTATE DEVELOPMENT?

What happened at STRACO REAL ESTATE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 ViBel Besloten Vennootschap stepped down as director. NBB
2028 Ticaconsult Besloten Vennootschap stepped down as director. NBB
2027 Straco RE Besloten vennootschap stepped down as director. NBB
Jun 24, 2026 New annual accounts for financial year 2025: loss of € 596,816. Source: NBB ↗
2022 ViBel Besloten Vennootschap became a director. NBB
2022 Ticaconsult Besloten Vennootschap became a director. NBB
2021 Straco RE Besloten vennootschap became a director. NBB
Oct 28, 1999 New establishment in Sint-Martens-Latem. KBO

In short

From € 8.4 million profit in 2022 to € 596,816 loss in 2025.

Paid € 2,251 in corporate taxes since 2022.

Best year ever: 2022, with € 8.4 million profit.

Pays suppliers within 109 days on average.

Original PDFs at the National Bank ↗

Management

STRACO RE 100%

The stake of STRACO RE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

STRACO REAL ESTATE DEVELOPMENT

Immo VVL Leuven 100%

Connector Hub 100%

Immocor 100%

Hansimmo 100%

+11

The shares are held by STRACO RE (100%). It owns 100% of Immo VVL Leuven, 100% of Connector Hub, 100% of Immocor, 100% of Hansimmo, 100% of Immograda and 100% of The Meadow itself.