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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DIVINE ESTATES from Kluisbergen, company number BE0685973409, closed financial year 2025 with a result of € 4,670 after tax. For that financial year DIVINE ESTATES recorded a gross margin of € 65,618 and equity of € 122,275. Compared with financial year 2024, the result moved from € -7,752 to € 4,670. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 122,275
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,670
▲ still € 7,752 loss in 2024
Profit after tax over the fiscal year.
€ 5,371
▼ 23% 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 € -77,725.
Debts at end 2025
€ 637,362
▼ 7% vs 2024
€ 46,637 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 2,594
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,263 | € 43,586 | € 50,581 | € 65,618 | ▲ 30% |
| Profit after taxes | € -8,936 | € -14,435 | € -7,752 | € 4,670 | ▲ € 12,423 |
| Equity | € 139,792 | € 125,357 | € 117,605 | € 122,275 | ▲ 4% |
| Total debts | € 883,450 | € 886,422 | € 851,959 | € 828,545 | ▼ 3% |
| Cash | € 7,449 | € 8,422 | € 6,952 | € 5,371 | ▼ 23% |
| Land & buildings | € 1,014,693 | € 1,002,758 | € 960,911 | € 935,451 | ▼ 3% |
| Retained profit | € -60,208 | € -74,643 | € -82,395 | € -77,725 | ▲ € 4,670 |
| Bank debt | € 771,395 | € 727,654 | € 683,012 | € 637,362 | ▼ 7% |
| Balance sheet total | € 1,023,242 | € 1,011,779 | € 969,563 | € 950,820 | ▼ 2% |
Key figures of DIVINE 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 DIVINE ESTATES?
What happened at DIVINE ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,670. filed late Source: NBB ↗
- New establishment in Kluisbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,936 loss in 2022 to € 4,670 profit in 2025.
Best year ever: 2025, with € 4,670 profit.
Management
Behind DIVINE ESTATES are Gertjan Noens, Ann Derdelinckx, Gentil Noens and Yannick Noens.
Directors
According to the 2025 annual accounts
Gertjan Noens
Director
Ann Derdelinckx
Director
Gentil Noens
Director
Yannick Noens
Director
Establishments
Establishment units
Physical locations of this company
Zeelstraat 5
9690 Kluisbergen
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
- 0685.973.409
- VAT number
- BE 0685.973.409
- Registered office
- Zeelstraat 5, 9690 Kluisbergen
- Names & denominations
- DIVINE ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2017
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Holdings