Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 4.2.
Financials
Financial year 2025
CAENEN VASTGOED from Middelkerke, company number BE0459345775, closed financial year 2025 with a result of € 84,746 after tax. For that financial year CAENEN VASTGOED recorded a gross margin of € 524,965 and equity of € 534,935. Compared with financial year 2024, the result moved from € 68,121 to € 84,746. Profitable, and profit is growing. 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 4, 2026.
€ 534,935
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,746
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 679,117
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 363,402
▲ 9% vs 2024
€ 86,500 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.
€ 6,782
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 46,277
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,929
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 725,436 | € 449,099 | € 475,708 | € 524,965 | ▲ 10% |
| Profit after taxes | € 127,457 | € 18,003 | € 68,121 | € 84,746 | ▲ 24% |
| Equity | € 599,065 | € 617,068 | € 550,189 | € 534,935 | ▼ 3% |
| Total debts | € 387,765 | € 374,721 | € 372,708 | € 287,287 | ▼ 23% |
| Cash | € 800,648 | € 453,800 | € 522,832 | € 679,117 | ▲ 30% |
| Retained profit | € 537,065 | € 555,068 | € 488,189 | € 472,935 | ▼ 3% |
| Dividend | € 0 | € 0 | € 135,000 | € 100,000 | ▼ 26% |
| Bank debt | € 56,975 | € 27,464 | € 0 | € 0 | |
| Balance sheet total | € 986,830 | € 991,789 | € 922,896 | € 822,222 | ▼ 11% |
| Employees (FTE) | 5.5 | 5.5 | 4.3 | 4.2 | ▼ 0.1 |
Key figures of CAENEN 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 31 July 2027.
What happened to CAENEN VASTGOED?
What happened at CAENEN VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gregory Caenen stepped down as director. NBB
- TCMR BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 84,746 (▲ 24% vs 2024). Source: NBB ↗
- Gregory Caenen became a director. NBB
- TCMR BV became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,457 profit in 2022 to € 84,746 profit in 2025.
Paid € 131,658 in corporate taxes since 2022.
Best year ever: 2022, with € 127,457 profit.
On average € 125,000 of value added per employee in 2025.
Management
The stake of GTS I comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAENEN VASTGOEDThe shares are held by GTS I (100%).
Directors
According to the 2025 annual accounts
Gregory Caenen
Bestuurder
Also active at: GROEP CAENEN FINANCE, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III, EAGLE FUND II, GROEP CAENEN CAPITAL FUND V, Groep Caenen Capital Fund IV +10 more
since 2022 · until 2028
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopoldlaan 150
8430 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0459.345.775
- VAT number
- BE 0459.345.775
- Registered office
- Leopoldlaan 150, 8430 Middelkerke
- Names & denominations
- CAENEN VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1996
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis