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.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
URBAN PROPERTY FUND from Schilde, company number BE0471440091, closed financial year 2025 with a result of € -327,889 after tax. For that financial year URBAN PROPERTY FUND recorded a gross margin of € 468,796 and equity of € 12.2 million. Compared with financial year 2024, the result moved from € -86,381 to € -327,889. 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 July 24, 2026.
€ 12.2 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -327,889
▼ 280 % more loss than in 2024
Profit after tax over the fiscal year.
€ 76,118
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -631,596.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 43,936
▲ 10% vs 2024
€ 43,900 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.
€ 39,821
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.2 million
▲ 40% vs 2024
€ 181,916 is repaid this year. At this pace the long-term loan is gone in ≈ 40 years.
€ 18,851
Supplier invoices still open on the last day of the fiscal year.
€ 6,376
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 135,109 | € 584,771 | € 390,476 | € 468,796 | ▲ 20% |
| Profit after taxes | € -32,264 | € 111,097 | € -86,381 | € -327,889 | ▼ € 241,508 |
| Equity | € -322,222 | € 1,591,151 | € 12,477,950 | € 12,150,061 | ▼ 3% |
| Total debts | € 3,858,673 | € 5,428,139 | € 5,517,014 | € 8,602,797 | ▲ 56% |
| Cash | € 5,387 | € 158,383 | € 107,922 | € 76,118 | ▼ 29% |
| Land & buildings | € 3,503,726 | € 6,795,714 | € 17,809,334 | € 20,582,147 | ▲ 16% |
| Retained profit | € -328,422 | € -217,325 | € -303,706 | € -631,596 | ▼ € 327,889 |
| Bank debt | € 3,727,714 | € 5,013,650 | € 5,154,683 | € 7,211,660 | ▲ 40% |
| Balance sheet total | € 3,536,451 | € 7,019,290 | € 17,994,964 | € 20,752,859 | ▲ 15% |
| Employees (FTE) | - | 1 | 1 | 1 |
Key figures of URBAN PROPERTY FUND, 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 URBAN PROPERTY FUND?
What happened at URBAN PROPERTY FUND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 327,889. Source: NBB ↗
- Gaulthier WILLEKENS became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,264 loss in 2022 to € 327,889 loss in 2025.
Best year ever: 2023, with € 111,097 profit.
On average € 468,800 of value added per employee in 2025.
Management
Behind URBAN PROPERTY FUND are Gaulthier WILLEKENS, Gothar WILLEKENS and Guylian WILLEKENS.
Directors
According to the 2025 annual accounts
Gaulthier WILLEKENS
Director
since 2018
Gothar WILLEKENS
Director
Guylian WILLEKENS
Director
Establishments
Establishment units
Physical locations of this company
Parklaan 3
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →WILSIO
€ 1,227 gross margin · 2024
COLUMBUS
€ 3,183 gross margin · 2025
BOTERMELKHOF IMMO
FERRON Property Invest
Transact Invest
+3 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
- 0471.440.091
- VAT number
- BE 0471.440.091
- Registered office
- Parklaan 3, 2970 Schilde
- Names & denominations
- URBAN PROPERTY FUND · UPF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2000
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen