What does PISO REAL ESTATES do?

PISO REAL ESTATES is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 8 April 2003, 1 establishment.

What is the address of PISO REAL ESTATES?

The registered office of PISO REAL ESTATES is located at Blakmeers 25, 1790 Affligem.

Is PISO REAL ESTATES still active?

Yes. According to the CBE (30 October 2026) PISO REAL ESTATES is active, legal situation “Normale toestand”, started on 8 April 2003.

Is PISO REAL ESTATES registered on Peppol?

Yes, PISO REAL ESTATES is registered on the Peppol network with ID 0208:0479968668.

What is the enterprise number of PISO REAL ESTATES?

The enterprise number of PISO REAL ESTATES is BE0479968668.

When was PISO REAL ESTATES founded?

PISO REAL ESTATES was founded on 8 April 2003.

Who are the directors of PISO REAL ESTATES?

According to the 2025 annual accounts, the directors of PISO REAL ESTATES are: Karen DE KERPEL, Johan junior DE KERPEL, Karolien DE KERPEL.

Is PISO REAL ESTATES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 April 2003; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did PISO REAL ESTATES make in 2025?

PISO REAL ESTATES posted a profit after taxes of € 135,660 in financial year 2025.

What is the revenue of PISO REAL ESTATES?

As a small company, PISO REAL ESTATES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 138,939.

How many employees does PISO REAL ESTATES have?

According to the 2025 annual accounts, PISO REAL ESTATES has 0 full-time equivalents (FTE).

PISO REAL ESTATES (Public Limited) - Affligem

Dossier PISO REAL ESTATES, printed on 30 October 2026 from databakkes.be/en/0479968668/piso-real-estates. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.

Financials

Financial year 2025

PISO REAL ESTATES from Affligem, company number BE0479968668, closed financial year 2025 with a result of € 135,660 after tax. For that financial year PISO REAL ESTATES recorded a gross margin of € 138,939 and equity of € -692,071. Compared with financial year 2024, the result moved from € 105,822 to € 135,660. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Caution

€ -692,071

▲ € 135,660 vs 2024

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

Profit Growing

€ 135,660

▲ 28% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 170,525

▼ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -1.7 million.

People and assets in 2025

Full-time equivalents

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

Debts at end 2025

Bank debt ≈ 17 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 126,834

▼ 5% vs 2024

€ 7,269 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 1,064

▲ 140% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 88,182 Gross margin 2022: € 88,182 First fiscal year in the series	€ 152,404 Gross margin 2023: € 152,404 ▲ 73% vs 2022 (€ 88,182) Favourable step	€ 140,824 Gross margin 2024: € 140,824 ▼ 8% vs 2023 (€ 152,404) Unfavourable step	€ 138,939 Gross margin 2025: € 138,939 ▼ 1% vs 2024 (€ 140,824) Unfavourable step	▼ 1%
Profit after taxes	€ -10,725 Profit after taxes 2022: € -10,725 First fiscal year in the series	€ 99,439 Profit after taxes 2023: € 99,439 ▲ € 110,164 vs 2022 (€ -10,725) Favourable step	€ 105,822 Profit after taxes 2024: € 105,822 ▲ 6% vs 2023 (€ 99,439) Favourable step	€ 135,660 Profit after taxes 2025: € 135,660 ▲ 28% vs 2024 (€ 105,822) Favourable step	▲ 28%
Equity	€ -1,032,992 Equity 2022: € -1,032,992 First fiscal year in the series	€ -933,553 Equity 2023: € -933,553 ▲ € 99,439 vs 2022 (€ -1,032,992) Favourable step	€ -827,731 Equity 2024: € -827,731 ▲ € 105,822 vs 2023 (€ -933,553) Favourable step	€ -692,071 Equity 2025: € -692,071 ▲ € 135,660 vs 2024 (€ -827,731) Favourable step	▲ € 135,660
Total debts	€ 3,269,563 Total debts 2022: € 3,269,563 First fiscal year in the series	€ 3,270,779 Total debts 2023: € 3,270,779 Unchanged (€ 3,269,563) Unfavourable step	€ 3,381,074 Total debts 2024: € 3,381,074 ▲ 3% vs 2023 (€ 3,270,779) Unfavourable step	€ 2,827,816 Total debts 2025: € 2,827,816 ▼ 16% vs 2024 (€ 3,381,074) Favourable step	▼ 16%
Cash	€ 403,751 Cash 2022: € 403,751 First fiscal year in the series	€ 96,923 Cash 2023: € 96,923 ▼ 76% vs 2022 (€ 403,751) Unfavourable step	€ 202,025 Cash 2024: € 202,025 ▲ 108% vs 2023 (€ 96,923) Favourable step	€ 170,525 Cash 2025: € 170,525 ▼ 16% vs 2024 (€ 202,025) Unfavourable step	▼ 16%
Land & buildings	€ 1,829,040 Land & buildings 2022: € 1,829,040 First fiscal year in the series	€ 1,789,573 Land & buildings 2023: € 1,789,573 ▼ 2% vs 2022 (€ 1,829,040) Unchanged	€ 1,961,573 Land & buildings 2024: € 1,961,573 ▲ 10% vs 2023 (€ 1,789,573) Unchanged	€ 1,961,573 Land & buildings 2025: € 1,961,573 Unchanged (€ 1,961,573) Unchanged
Retained profit	€ -2,032,992 Retained profit 2022: € -2,032,992 First fiscal year in the series	€ -1,933,553 Retained profit 2023: € -1,933,553 ▲ € 99,439 vs 2022 (€ -2,032,992) Favourable step	€ -1,827,731 Retained profit 2024: € -1,827,731 ▲ € 105,822 vs 2023 (€ -1,933,553) Favourable step	€ -1,692,071 Retained profit 2025: € -1,692,071 ▲ € 135,660 vs 2024 (€ -1,827,731) Favourable step	▲ € 135,660
Bank debt	€ 3,266,746 Bank debt 2022: € 3,266,746 First fiscal year in the series	€ 3,266,746 Bank debt 2023: € 3,266,746 Unchanged (€ 3,266,746) Unchanged	€ 133,856 Bank debt 2024: € 133,856 ▼ 96% vs 2023 (€ 3,266,746) Favourable step	€ 126,834 Bank debt 2025: € 126,834 ▼ 5% vs 2024 (€ 133,856) Favourable step	▼ 5%
Balance sheet total	€ 2,236,572 Balance sheet total 2022: € 2,236,572 First fiscal year in the series	€ 2,337,226 Balance sheet total 2023: € 2,337,226 ▲ 5% vs 2022 (€ 2,236,572) Unchanged	€ 2,553,344 Balance sheet total 2024: € 2,553,344 ▲ 9% vs 2023 (€ 2,337,226) Unchanged	€ 2,135,745 Balance sheet total 2025: € 2,135,745 ▼ 16% vs 2024 (€ 2,553,344) Unchanged	▼ 16%

Key figures of PISO REAL ESTATES, 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 PISO REAL ESTATES?

What happened at PISO REAL ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 17, 2026 New annual accounts for financial year 2025: profit of € 135,660 (▲ 28% vs 2024). Source: NBB ↗
2024 Karen DE KERPEL became a director. NBB
2024 Johan junior DE KERPEL became a director. NBB
2024 Karolien DE KERPEL became a director. NBB
May 23, 2003 New establishment in Affligem. KBO
Apr 8, 2003 Start of the company according to the CBE. KBO

In short

From € 10,725 loss in 2022 to € 135,660 profit in 2025.

Best year ever: 2025, with € 135,660 profit.

Original PDFs at the National Bank ↗

Management

Johan junior DE KERPEL 50%

Karen DE KERPEL 25%

Karolien DE KERPEL 25%

PISO REAL ESTATES

Behind PISO REAL ESTATES are Karen DE KERPEL, Johan junior DE KERPEL and Karolien DE KERPEL. The shares are held by Johan junior DE KERPEL (50%), Karen DE KERPEL (25%) and Karolien DE KERPEL (25%).

Directors

According to the 2025 annual accounts

Karen DE KERPEL

Director

Owns 25% directly

since 2024

Johan junior DE KERPEL

Director

Owns 50% directly

since 2024

Karolien DE KERPEL

Director

Owns 25% directly

Also active at: SPIKE REAL ESTATE

since 2024

Shareholders

Johan junior DE KERPEL · director

50%

Karen DE KERPEL · director

25%

Karolien DE KERPEL · director

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Blakmeers 25

1790 Affligem

2.131.907.669

Brusselbaan 307

1790 Affligem

Active since 23 May 2003

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

SAJO

€ 78,998 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0479.968.668

VAT number

BE 0479.968.668

Registered office

Blakmeers 25, 1790 Affligem

Names & denominations

PISO REAL ESTATES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 April 2003

Peppol

Active · Active since 12 Feb 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

Niet-gespecialiseerde groothandel

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Overige gespecialiseerde bouwactiviteiten, neg

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

PISO REAL ESTATES

Warning lights

Financials

What happened to PISO REAL ESTATES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions