What does N.O. Real-Estate do?

N.O. Real-Estate is an asset manager in Kapellen. Private Limited, started on 7 April 2017, 1 establishment.

What is the address of N.O. Real-Estate?

The registered office of N.O. Real-Estate is located at Vijverslei 11, 2950 Kapellen.

Is N.O. Real-Estate still active?

Yes. According to the CBE (30 October 2026) N.O. Real-Estate is active, legal situation “Normale toestand”, started on 7 April 2017.

Is N.O. Real-Estate registered on Peppol?

Yes, N.O. Real-Estate is registered on the Peppol network with ID 0208:0673976586.

What is the enterprise number of N.O. Real-Estate?

The enterprise number of N.O. Real-Estate is BE0673976586.

When was N.O. Real-Estate founded?

N.O. Real-Estate was founded on 7 April 2017.

Who are the directors of N.O. Real-Estate?

According to the 2025 annual accounts, the directors of N.O. Real-Estate are: Yin Oei Sian, Joris Van Nedervelde.

Is N.O. Real-Estate a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 April 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did N.O. Real-Estate make in 2025?

N.O. Real-Estate recorded a loss after taxes of € 20,035 in financial year 2025.

What is the revenue of N.O. Real-Estate?

As a small company, N.O. Real-Estate is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 18,267.

N.O. Real-Estate (Private Limited) - Kapellen

Dossier N.O. Real-Estate, printed on 30 October 2026 from databakkes.be/en/0673976586/n-o-real-estate. 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 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

N.O. Real-Estate from Kapellen, company number BE0673976586, closed financial year 2025 with a result of € -20,035 after tax. For that financial year N.O. Real-Estate recorded a gross margin of € 18,267 and equity of € -5,114. Compared with financial year 2024, the result moved from € -28,810 to € -20,035. The company made a loss. 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 7, 2026.

What it is worth Caution

€ -5,114

▼ € 20,035 vs 2024

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

Loss Caution

€ -20,035

▲ 30 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,115

▼ 83% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -11,314.

People and assets in 2025

Vehicles and equipment

€ 16,280

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 14 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.

€ 301,112

▼ 6% vs 2024

€ 21,261 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 427

▲ 10% vs 2024

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

Taxes

€ 151

▼ 93% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 90,818 Gross margin 2022: € 90,818 First fiscal year in the series	€ 52,056 Gross margin 2023: € 52,056 ▼ 43% vs 2022 (€ 90,818) Unfavourable step	€ 42,845 Gross margin 2024: € 42,845 ▼ 18% vs 2023 (€ 52,056) Unfavourable step	€ 18,267 Gross margin 2025: € 18,267 ▼ 57% vs 2024 (€ 42,845) Unfavourable step	▼ 57%
Profit after taxes	€ 55,168 Profit after taxes 2022: € 55,168 First fiscal year in the series	€ 9,040 Profit after taxes 2023: € 9,040 ▼ 84% vs 2022 (€ 55,168) Unfavourable step	€ -28,810 Profit after taxes 2024: € -28,810 ▼ € 37,850 vs 2023 (€ 9,040) Unfavourable step	€ -20,035 Profit after taxes 2025: € -20,035 ▲ € 8,776 vs 2024 (€ -28,810) Favourable step	▲ € 8,776
Equity	€ 36,357 Equity 2022: € 36,357 First fiscal year in the series	€ 43,731 Equity 2023: € 43,731 ▲ 20% vs 2022 (€ 36,357) Favourable step	€ 14,921 Equity 2024: € 14,921 ▼ 66% vs 2023 (€ 43,731) Unfavourable step	€ -5,114 Equity 2025: € -5,114 ▼ € 20,035 vs 2024 (€ 14,921) Unfavourable step	▼ € 20,035
Total debts	€ 611,900 Total debts 2022: € 611,900 First fiscal year in the series	€ 561,794 Total debts 2023: € 561,794 ▼ 8% vs 2022 (€ 611,900) Favourable step	€ 542,718 Total debts 2024: € 542,718 ▼ 3% vs 2023 (€ 561,794) Favourable step	€ 532,244 Total debts 2025: € 532,244 ▼ 2% vs 2024 (€ 542,718) Favourable step	▼ 2%
Cash	€ 5,471 Cash 2022: € 5,471 First fiscal year in the series	€ 2,336 Cash 2023: € 2,336 ▼ 57% vs 2022 (€ 5,471) Unfavourable step	€ 6,534 Cash 2024: € 6,534 ▲ 180% vs 2023 (€ 2,336) Favourable step	€ 1,115 Cash 2025: € 1,115 ▼ 83% vs 2024 (€ 6,534) Unfavourable step	▼ 83%
Land & buildings	€ 541,239 Land & buildings 2022: € 541,239 First fiscal year in the series	€ 537,648 Land & buildings 2023: € 537,648 ▼ 1% vs 2022 (€ 541,239) Unchanged	€ 517,970 Land & buildings 2024: € 517,970 ▼ 4% vs 2023 (€ 537,648) Unchanged	€ 499,309 Land & buildings 2025: € 499,309 ▼ 4% vs 2024 (€ 517,970) Unchanged	▼ 4%
Retained profit	€ 30,157 Retained profit 2022: € 30,157 First fiscal year in the series	€ 37,531 Retained profit 2023: € 37,531 ▲ 24% vs 2022 (€ 30,157) Favourable step	€ 8,721 Retained profit 2024: € 8,721 ▼ 77% vs 2023 (€ 37,531) Unfavourable step	€ -11,314 Retained profit 2025: € -11,314 ▼ € 20,035 vs 2024 (€ 8,721) Unfavourable step	▼ € 20,035
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 1,666 Dividend 2023: € 1,666 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,666) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 363,188 Bank debt 2022: € 363,188 First fiscal year in the series	€ 343,065 Bank debt 2023: € 343,065 ▼ 6% vs 2022 (€ 363,188) Favourable step	€ 321,898 Bank debt 2024: € 321,898 ▼ 6% vs 2023 (€ 343,065) Favourable step	€ 301,112 Bank debt 2025: € 301,112 ▼ 6% vs 2024 (€ 321,898) Favourable step	▼ 6%
Balance sheet total	€ 648,257 Balance sheet total 2022: € 648,257 First fiscal year in the series	€ 605,525 Balance sheet total 2023: € 605,525 ▼ 7% vs 2022 (€ 648,257) Unchanged	€ 557,639 Balance sheet total 2024: € 557,639 ▼ 8% vs 2023 (€ 605,525) Unchanged	€ 527,130 Balance sheet total 2025: € 527,130 ▼ 5% vs 2024 (€ 557,639) Unchanged	▼ 5%

Key figures of N.O. 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 N.O. Real-Estate?

What happened at N.O. Real-Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2026 New annual accounts for financial year 2025: loss of € 20,035. Source: NBB ↗
Apr 7, 2017 New establishment in Kapellen. KBO
2017 Yin Oei Sian became a director. NBB
2017 Joris Van Nedervelde became a director. NBB
Apr 7, 2017 Start of the company according to the CBE. KBO

In short

From € 55,168 profit in 2022 to € 20,035 loss in 2025.

Paid € 819 in corporate taxes since 2022.

Best year ever: 2022, with € 55,168 profit.

Paid out € 1,666 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Yin Oei Sian Joris Van Nedervelde

FUTURE PROJECTS

YIN

iRobotics

N.O. Real-Estate

Behind N.O. Real-Estate are Yin Oei Sian and Joris Van Nedervelde. The same people are also behind FUTURE PROJECTS and YIN. Yin Oei Sian is also behind iRobotics.

Directors

According to the 2025 annual accounts

Yin Oei Sian

Director

Also active at: FUTURE PROJECTS, YIN, iRobotics

since 2017

Joris Van Nedervelde

Director

Also active at: FUTURE PROJECTS, YIN

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Vijverslei 11

2950 Kapellen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

FUTURE PROJECTS same network

€ 25,183 gross margin · 2025

YIN same network

€ 289,527 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

0673.976.586

VAT number

BE 0673.976.586

Registered office

Vijverslei 11, 2950 Kapellen

Names & denominations

N.O. Real-Estate

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 April 2017

Peppol

Active · Active since 26 Jun 2025

Activities · NACE

Vermogensbeheer

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

N.O. Real-Estate

Warning lights

Financials

What happened to N.O. Real-Estate?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions