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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
VANTAGE REALTY from Bornem, company number BE0477798442, closed financial year 2024 with a result of € -9,235 after tax. For that financial year VANTAGE REALTY recorded a gross margin of € 20,267 and equity of € 152,568. Compared with financial year 2023, the result moved from € -24,911 to € -9,235. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 152,568
▼ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,235
▲ 63 % less loss than in 2023
Profit after tax over the fiscal year.
€ 580
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 146,368.
People and assets in 2024
€ 95,987
▲ 211% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 242,670
▼ 5% vs 2023
€ 23,904 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 48,164
▼ 64% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,698
▲ 58% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 78,270 | € 25,854 | € -1,067 | € 20,267 | ▲ € 21,334 |
| Profit after taxes | € 47,061 | € 1,160 | € -24,911 | € -9,235 | ▲ € 15,676 |
| Equity | € 302,855 | € 231,747 | € 181,869 | € 152,568 | ▼ 16% |
| Total debts | € 178,803 | € 419,626 | € 427,691 | € 328,692 | ▼ 23% |
| Cash | € 25,826 | € 26,255 | € 26,667 | € 580 | ▼ 98% |
| Land & buildings | € 3,636 | € 2,554 | € 1,472 | € 391 | ▼ 73% |
| Retained profit | € 296,655 | € 225,547 | € 175,669 | € 146,368 | ▼ 17% |
| Dividend | € 11,186 | € 72,268 | € 24,966 | € 20,067 | ▼ 20% |
| Bank debt | € 133,923 | € 283,087 | € 256,740 | € 242,670 | ▼ 5% |
| Balance sheet total | € 481,659 | € 651,373 | € 609,560 | € 481,260 | ▼ 21% |
Key figures of VANTAGE REALTY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VANTAGE REALTY?
What happened at VANTAGE REALTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,235. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Philippe Vanderpoorten became a director. NBB
In short
From € 47,061 profit in 2021 to € 9,235 loss in 2024.
Paid € 42,576 in corporate taxes since 2021.
Best year ever: 2021, with € 47,061 profit.
Paid out € 128,488 in dividends to the owners in total.
Management
Behind VANTAGE REALTY is Philippe Vanderpoorten. It owns 33.3% of Retail Property Development and 33.3% of Fremabel itself.
Directors
According to the 2024 annual accounts
Philippe Vanderpoorten
Director
Also active at: RESIDENTIAL PROPERTY DEVELOPMENT, VAJAMO, TREENITY LAND, TREENITY CONSTRUCT, ZR Holding, ZR Shopping
since 2002
Establishments
Establishment units
Physical locations of this company
Sas(BOR) 2
2880 Bornem
Veemarkt 3
2000 Antwerpen
Active since 4 November 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.798.442
- VAT number
- BE 0477.798.442
- Registered office
- Sas(BOR) 2, 2880 Bornem
- Names & denominations
- VANTAGE REALTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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