Financials
Financial year 2025
ZABRA REAL ESTATE from Gent, company number BE0476190222, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year ZABRA REAL ESTATE recorded revenue of € 23.3 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € -62,817 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 6.6 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ still € 62,817 loss in 2024
Profit after tax over the fiscal year.
€ 4.2 million
▲ 195% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
61 % of the profit went to the shareholders, mostly to SOBRADIS NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
10.5
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 3% vs 2024
€ 108,000 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.
€ 118,482
▼ 37% vs 2024
Of which on lease € 82,440.
Debts at end 2025
€ 17.2 million
▲ 79% vs 2024
€ 87,952 is repaid this year. At this pace the long-term loan is gone in ≈ 101 years.
€ 2.6 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 887,472
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,058,951 | € 29,233,624 | € 28,689,401 | € 23,296,661 | ▼ 19% |
| Profit after taxes | € 4,687,356 | € 2,696,272 | € -62,817 | € 1,220,201 | ▲ € 1.3 million |
| Equity | € 5,473,609 | € 6,169,880 | € 6,107,064 | € 6,577,265 | ▲ 8% |
| Total debts | € 35,771,901 | € 26,395,411 | € 26,453,669 | € 30,105,646 | ▲ 14% |
| Cash | € 7,595,300 | € 3,987,510 | € 1,431,032 | € 4,217,862 | ▲ 195% |
| Land & buildings | € 16,212 | € 12,666 | € 9,121 | € 5,576 | ▼ 39% |
| Retained profit | € 4,973,609 | € 5,669,880 | € 5,607,064 | € 6,077,265 | ▲ 8% |
| Dividend | € 4,325,000 | € 2,000,000 | € 0 | € 750,000 | |
| Bank debt | € 15,280,530 | € 10,625,119 | € 9,580,519 | € 17,166,030 | ▲ 79% |
| Balance sheet total | € 41,857,135 | € 33,291,796 | € 33,281,424 | € 37,417,776 | ▲ 12% |
| Employees (FTE) | 9.4 | 9.2 | 11.6 | 10.5 | ▼ 1.1 |
Key figures of ZABRA REAL 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 31 July 2027.
What happened to ZABRA REAL ESTATE?
What happened at ZABRA REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SOBRADIS NV stepped down as director. NBB
- Cityres stepped down as director. NBB
- BRACODEV BV stepped down as director. NBB
- HENNIA NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million. Source: NBB ↗
- SOBRADIS NV became a director. NBB
- New establishment in Awans. KBO
- Cityres became a director. NBB
In short
From € 4.7 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 745,165 in corporate taxes since 2022.
Best year ever: 2022, with € 4.7 million profit.
Paid out € 7.1 million in dividends to the owners in total.
Management
The shares are held by SOBRADIS NV (99.8%) and SOBRADIS VENTURES NV (0.2%). It owns 50% of Silsburg Development, 50% of Retim BV and 33.3% of Bertrix Retail Park BV itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Steffi BRANTEGEM
Owns 0.2% via SOBRADIS VENTURES NV
Also active at: Zabra Business Units, SOBRADIS VENTURES, SOBRIMMO, STUDENTS@GENT, "IMMO PÉAGE", IMMO CAUWERBURG, Zabra Invest, IMMO DE REZE
since 2024 · until 2030
Director · represented by Laurens BRANTEGEM
Also active at: Zabra Business Units, SOBRADIS, Retail Immo Menen, BRAVOS TERRA, Zabra Invest, Business Park Kallo, Silsburg Land, Silsburg Development +1 more
since 2023 · until 2029
Managing director · represented by Christine VERMEERSCH
Also active at: Zabra Business Units, SOBRADIS, Immo De Snoeck, SOBRADIS VENTURES, SOBRIMMO, STUDENTS@GENT, Retail Immo Menen, BRAVOS TERRA +8 more
since 2023 · until 2029
Shareholders
99.8%
SOBRADIS VENTURES NV · holding of SOBRADIS NV
0.2%
Participations
Establishments
Establishment units
Physical locations of this company
Antoon Catriestraat 8A
9031 Gent
Antoon Catriestraat 8 box A
9031 Gent
Active since 5 December 2002
Rue Chaussée 58
4342 Awans
Active since 8 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Zabra Business Units same network
€ 11.5 million revenue · 2025
SOBRADIS same network
€ 1.6 million revenue · 2025
SOBRIMMO same network
€ 2.7 million revenue · 2025
"IMMO PÉAGE" same network
€ 36,287 gross margin · 2025
WATERZANDE HOLDING same network
€ -1,842 gross margin · 2025
+4 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
- 0476.190.222
- VAT number
- BE 0476.190.222
- Registered office
- Antoon Catriestraat 8A, 9031 Gent
- Names & denominations
- ZABRA REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2001
- Peppol
- Active · Active since 2 Jun 2025
- Contact
- [email protected]
- Activities · NACE
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Bouwen van individuele huizen