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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KH REAL ESTATE from Wachtebeke, company number BE0684550873, closed financial year 2025 with a result of € 31,483 after tax. For that financial year KH REAL ESTATE recorded a gross margin of € 73,039 and equity of € 110,232. Compared with financial year 2024, the result moved from € 28,327 to € 31,483. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 17, 2025.
€ 110,232
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,483
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 28,417
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 268,682
▼ 11% vs 2024
€ 33,545 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1,494
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,375 | € 67,064 | € 69,537 | € 73,039 | ▲ 5% |
| Profit after taxes | € 20,172 | € 23,679 | € 28,327 | € 31,483 | ▲ 11% |
| Equity | € 176,743 | € 200,422 | € 168,750 | € 110,232 | ▼ 35% |
| Total debts | € 367,088 | € 335,611 | € 329,037 | € 361,154 | ▲ 10% |
| Cash | € 29,647 | € 46,901 | € 35,154 | € 28,417 | ▼ 19% |
| Land & buildings | € 506,437 | € 480,534 | € 457,954 | € 435,374 | ▼ 5% |
| Retained profit | € 158,143 | € 181,822 | € 150,150 | € 91,632 | ▼ 39% |
| Dividend | € 0 | € 0 | € 60,000 | € 90,000 | ▲ 50% |
| Bank debt | € 365,376 | € 333,780 | € 301,564 | € 268,682 | ▼ 11% |
| Balance sheet total | € 543,832 | € 536,033 | € 497,786 | € 471,386 | ▼ 5% |
Key figures of KH 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 30 January 2027.
What happened to KH REAL ESTATE?
What happened at KH REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,483 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Lochristi. KBO
- Start of the company according to the CBE. KBO
- Kris HEMERYCK became a director. NBB
In short
From € 20,172 profit in 2022 to € 31,483 profit in 2025.
Paid € 32,794 in corporate taxes since 2022.
Best year ever: 2025, with € 31,483 profit.
Paid out € 150,000 in dividends to the owners in total.
Management
Behind KH REAL ESTATE is Kris HEMERYCK. Kris HEMERYCK is also behind UNIVERSITY PRESS.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Rechtstro 2 box //1
9185 Wachtebeke
Rechtstro 2 box 1
9185 Lochristi
Active since 9 November 2017
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.550.873
- VAT number
- BE 0684.550.873
- Registered office
- Rechtstro 2 bus //1, 9185 Wachtebeke
- Names & denominations
- KH REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2017
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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