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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Assist RE Development from Gent, company number BE0699701778, closed financial year 2025 with a result of € -4,307 after tax. For that financial year Assist RE Development recorded a gross margin of € 88,058 and equity of € 448. Compared with financial year 2024, the result moved from € -2,616 to € -4,307. The company made a loss. The buffer shrank hard: equity is 91 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 448
▼ 91% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,307
▼ 65 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,099
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -79,552.
Debts at end 2025
€ 2.9 million
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 40,657
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 191,880 | - | € 151,300 | - | |
| Gross margin | € 108,326 | € 259,062 | € 345,321 | € 88,058 | ▼ 74% |
| Profit after taxes | € -29,893 | € 7,158 | € -2,616 | € -4,307 | ▼ € 1,691 |
| Equity | € 212 | € 7,370 | € 4,754 | € 448 | ▼ 91% |
| Total debts | € 4,562,165 | € 4,451,452 | € 4,241,316 | € 4,057,255 | ▼ 4% |
| Cash | € 54,262 | € 14,615 | € 6,434 | € 13,099 | ▲ 104% |
| Retained profit | € -79,788 | € -72,630 | € -75,246 | € -79,552 | ▼ € 4,307 |
| Bank debt | € 3,017,592 | € 3,017,592 | € 3,017,592 | € 2,869,542 | ▼ 5% |
| Balance sheet total | € 4,562,377 | € 4,458,822 | € 4,246,070 | € 4,057,702 | ▼ 4% |
Key figures of Assist RE Development, 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 Assist RE Development?
What happened at Assist RE Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,307. Source: NBB ↗
- Jean-Marie de Buck van Overstraeten stepped down as director. NBB
- Jean-Marie de Buck van Overstraeten became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,893 loss in 2022 to € 4,307 loss in 2025.
Paid € 4,184 in corporate taxes since 2022.
Best year ever: 2023, with € 7,158 profit.
Management
The stake of ACLAGRO PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Assist RE DevelopmentThe shares are held by ACLAGRO PROJECTS (100%). It owns 100% of Hermes Invest itself.
Directors
According to the 2025 annual accounts
Jean-Marie de Buck van Overstraeten
Director
Also active at: OTRECO, KZP Immo, VIABUILD GROUP, KINLYS GROUP, Verhofsté, P.N.T., Square Group, Villa Emma +16 more
since 2020 · until 2026
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industrieweg 76
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →MICHIELS AANNEMINGEN
€ 433,596 gross margin · 2025
Square Real Estate same network
€ 406,554 gross margin · 2025
KZP Immo same network
DC3
€ -277,407 gross margin · 2025
JACQUES DE VRIENDT-ROSA MORES
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.701.778
- VAT number
- BE 0699.701.778
- Registered office
- Industrieweg 76, 9032 Gent
- Names & denominations
- Assist RE Development · Assist R.E.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van bouwarchitecten