Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ENTIRUS REALTY from Avelgem, company number BE0641815148, closed financial year 2025 with a result of € 73,273 after tax. For that financial year ENTIRUS REALTY recorded a gross margin of € 41,050 and equity of € -10,456. Compared with financial year 2024, the result moved from € 34,570 to € 73,273. 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 June 23, 2026.
€ -10,456
▲ € 73,273 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,273
▲ 112% vs 2024
Profit after tax over the fiscal year.
€ 105,333
▲ € 101,569 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -16,656.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,306
▲ € 19,212 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,579 | € 5,623 | € 59,632 | € 41,050 | ▼ 31% |
| Profit after taxes | € 19,464 | € -54,322 | € 34,570 | € 73,273 | ▲ 112% |
| Equity | € -63,977 | € -118,299 | € -83,729 | € -10,456 | ▲ € 73,273 |
| Total debts | € 2,194,973 | € 1,994,972 | € 1,851,637 | € 1,701,330 | ▼ 8% |
| Cash | € 99,050 | € 2,723 | € 3,764 | € 105,333 | ▲ € 101,569 |
| Land & buildings | € 26,348 | € 26,348 | € 26,348 | € 26,348 | |
| Retained profit | € -70,177 | € -124,499 | € -89,929 | € -16,656 | ▲ € 73,273 |
| Bank debt | € 259,896 | € 113,000 | € 0 | € 0 | |
| Balance sheet total | € 2,130,996 | € 1,876,673 | € 1,767,908 | € 1,690,874 | ▼ 4% |
Key figures of ENTIRUS REALTY, 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 ENTIRUS REALTY?
What happened at ENTIRUS REALTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,273 (▲ 112% vs 2024). Source: NBB ↗
- Michiel Taelman became a director. NBB
- Jeff Vanhessche stepped down as director. NBB
- Jeff Vanhessche became a director. NBB
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,464 profit in 2022 to € 73,273 profit in 2025.
Best year ever: 2025, with € 73,273 profit.
Management
Behind ENTIRUS REALTY is Michiel Taelman. It owns 100% of Bartdeco nv and 100% of E. Space bv itself.
Directors
According to the 2025 annual accounts
Michiel Taelman
Director
Also active at: TAELMAN EN C°, IGNACE TAELMAN, BARTDECO, Taelman & Taelman, KAYAN HOLDING, E.SPACE, DESEYN & TAELMAN, Immo Kasterhof +2 more
since 2025
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Krevelstraat 11/A
8581 Avelgem
Krevelstraat 11 box A
8581 Avelgem
Active since 22 October 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0641.815.148
- VAT number
- BE 0641.815.148
- Registered office
- Krevelstraat 11/A, 8581 Avelgem
- Names & denominations
- ENTIRUS REALTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2015
- Peppol
- Active · Active since 23 Jan 2025