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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELGIUM REAL ESTATE COMPANY from Beringen, company number BE0656562118, closed financial year 2025 with a result of € -131,487 after tax. For that financial year BELGIUM REAL ESTATE COMPANY recorded a gross margin of € 511,050 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 63,401 to € -131,487. 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 10, 2026.
€ 3.9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -131,487
▼ still € 63,401 profit in 2024
Profit after tax over the fiscal year.
€ 39,678
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -392,051.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.3 million
▼ 14% vs 2024
€ 397,588 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 50,619
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 462,748 | € 561,630 | € 598,358 | € 511,050 | ▼ 15% |
| Profit after taxes | € -8,663 | € -51,401 | € 63,401 | € -131,487 | ▼ € 194,888 |
| Equity | € 4,022,837 | € 3,971,436 | € 4,034,837 | € 3,903,349 | ▼ 3% |
| Total debts | € 3,956,679 | € 4,322,194 | € 3,860,363 | € 3,779,037 | ▼ 2% |
| Cash | € 6,115 | € 31,896 | € 47,646 | € 39,678 | ▼ 17% |
| Land & buildings | € 7,936,884 | € 8,176,608 | € 7,729,562 | € 7,482,165 | ▼ 3% |
| Retained profit | € -272,563 | € -323,964 | € -260,563 | € -392,051 | ▼ € 131,487 |
| Bank debt | € 3,301,472 | € 2,946,295 | € 2,614,607 | € 2,250,586 | ▼ 14% |
| Balance sheet total | € 7,979,516 | € 8,293,630 | € 7,895,200 | € 7,682,387 | ▼ 3% |
Key figures of BELGIUM REAL ESTATE COMPANY, 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 BELGIUM REAL ESTATE COMPANY?
What happened at BELGIUM REAL ESTATE COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 131,487 (▼ € 194,888 vs 2024). Source: NBB ↗
- Tamer Cankurtaranoglu became a director. NBB
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,663 loss in 2022 to € 131,487 loss in 2025.
Best year ever: 2024, with € 63,401 profit.
Management
The stake of KRAUTZ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGIUM REAL ESTATE COMPANYBehind BELGIUM REAL ESTATE COMPANY is Tamer Cankurtaranoglu. The shares are held by KRAUTZ (11%).
Establishments
Establishment units
Physical locations of this company
Heppensesteenweg 48 box 1
3581 Beringen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0656.562.118
- VAT number
- BE 0656.562.118
- Registered office
- Heppensesteenweg 48 bus 1, 3581 Beringen
- Names & denominations
- BELGIUM REAL ESTATE COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2016
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen