What is the address of CSE Estate?

The registered office of CSE Estate is located at Rue de la Forge 10, 1470 Genappe.

Is CSE Estate still active?

Yes. According to the CBE (29 October 2026) CSE Estate is active, legal situation “Normale toestand”, started on 3 June 2019.

Is CSE Estate registered on Peppol?

Yes, CSE Estate is registered on the Peppol network with ID 0208:0727709242.

What is the enterprise number of CSE Estate?

The enterprise number of CSE Estate is BE0727709242.

When was CSE Estate founded?

CSE Estate was founded on 3 June 2019.

Who are the directors of CSE Estate?

According to the 2025 annual accounts, the directors of CSE Estate are: Frédéric DAWANS.

Is CSE Estate a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 June 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did CSE Estate make in 2025?

CSE Estate recorded a loss after taxes of € 39,167 in financial year 2025.

What is the revenue of CSE Estate?

As a small company, CSE Estate is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 99,027.

CSE Estate (Private Limited) - Genappe - BE0727709242

Dossier CSE Estate, printed on 29 October 2026 from databakkes.be/en/0727709242/cse-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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

30 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

CSE Estate from Genappe, company number BE0727709242, closed financial year 2025 with a result of € -39,167 after tax. For that financial year CSE Estate recorded a gross margin of € 99,027 and equity of € 362,782. Compared with financial year 2024, the result moved from € -25,565 to € -39,167. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.

What it is worth Healthy

€ 362,782

▼ 10% vs 2024

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

Loss Caution

€ -39,167

▼ 53 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,616

▲ 29% 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 € -287,218.

Debts at end 2025

Bank debt ≈ 21 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.

€ 1.6 million

▼ 5% vs 2024

€ 75,200 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 15,404

▲ 76% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 94,077 Gross margin 2022: € 94,077 First fiscal year in the series	€ 96,634 Gross margin 2023: € 96,634 ▲ 3% vs 2022 (€ 94,077) Favourable step	€ 97,049 Gross margin 2024: € 97,049 Unchanged (€ 96,634) Favourable step	€ 99,027 Gross margin 2025: € 99,027 ▲ 2% vs 2024 (€ 97,049) Favourable step	▲ 2%
Profit after taxes	€ -30,409 Profit after taxes 2022: € -30,409 First fiscal year in the series	€ -26,973 Profit after taxes 2023: € -26,973 ▲ € 3,436 vs 2022 (€ -30,409) Favourable step	€ -25,565 Profit after taxes 2024: € -25,565 ▲ € 1,409 vs 2023 (€ -26,973) Favourable step	€ -39,167 Profit after taxes 2025: € -39,167 ▼ € 13,603 vs 2024 (€ -25,565) Unfavourable step	▼ € 13,603
Equity	€ -45,513 Equity 2022: € -45,513 First fiscal year in the series	€ -72,486 Equity 2023: € -72,486 ▼ € 26,973 vs 2022 (€ -45,513) Unfavourable step	€ 401,950 Equity 2024: € 401,950 ▲ € 474,435 vs 2023 (€ -72,486) Favourable step	€ 362,782 Equity 2025: € 362,782 ▼ 10% vs 2024 (€ 401,950) Unfavourable step	▼ 10%
Total debts	€ 1,892,969 Total debts 2022: € 1,892,969 First fiscal year in the series	€ 1,800,012 Total debts 2023: € 1,800,012 ▼ 5% vs 2022 (€ 1,892,969) Favourable step	€ 1,726,583 Total debts 2024: € 1,726,583 ▼ 4% vs 2023 (€ 1,800,012) Favourable step	€ 1,662,343 Total debts 2025: € 1,662,343 ▼ 4% vs 2024 (€ 1,726,583) Favourable step	▼ 4%
Cash	€ 6,738 Cash 2022: € 6,738 First fiscal year in the series	€ 8,643 Cash 2023: € 8,643 ▲ 28% vs 2022 (€ 6,738) Favourable step	€ 2,795 Cash 2024: € 2,795 ▼ 68% vs 2023 (€ 8,643) Unfavourable step	€ 3,616 Cash 2025: € 3,616 ▲ 29% vs 2024 (€ 2,795) Favourable step	▲ 29%
Land & buildings	€ 1,808,791 Land & buildings 2022: € 1,808,791 First fiscal year in the series	€ 1,716,289 Land & buildings 2023: € 1,716,289 ▼ 5% vs 2022 (€ 1,808,791) Unchanged	€ 2,123,787 Land & buildings 2024: € 2,123,787 ▲ 24% vs 2023 (€ 1,716,289) Unchanged	€ 2,014,619 Land & buildings 2025: € 2,014,619 ▼ 5% vs 2024 (€ 2,123,787) Unchanged	▼ 5%
Retained profit	€ -195,513 Retained profit 2022: € -195,513 First fiscal year in the series	€ -222,486 Retained profit 2023: € -222,486 ▼ € 26,973 vs 2022 (€ -195,513) Unfavourable step	€ -248,050 Retained profit 2024: € -248,050 ▼ € 25,565 vs 2023 (€ -222,486) Unfavourable step	€ -287,218 Retained profit 2025: € -287,218 ▼ € 39,167 vs 2024 (€ -248,050) Unfavourable step	▼ € 39,167
Bank debt	€ 1,786,000 Bank debt 2022: € 1,786,000 First fiscal year in the series	€ 1,729,600 Bank debt 2023: € 1,729,600 ▼ 3% vs 2022 (€ 1,786,000) Favourable step	€ 1,635,600 Bank debt 2024: € 1,635,600 ▼ 5% vs 2023 (€ 1,729,600) Favourable step	€ 1,560,400 Bank debt 2025: € 1,560,400 ▼ 5% vs 2024 (€ 1,635,600) Favourable step	▼ 5%
Balance sheet total	€ 1,847,456 Balance sheet total 2022: € 1,847,456 First fiscal year in the series	€ 1,727,526 Balance sheet total 2023: € 1,727,526 ▼ 6% vs 2022 (€ 1,847,456) Unchanged	€ 2,128,533 Balance sheet total 2024: € 2,128,533 ▲ 23% vs 2023 (€ 1,727,526) Unchanged	€ 2,025,125 Balance sheet total 2025: € 2,025,125 ▼ 5% vs 2024 (€ 2,128,533) Unchanged	▼ 5%

Key figures of CSE 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 CSE Estate?

What happened at CSE Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 18, 2026 New annual accounts for financial year 2025: loss of € 39,167. Source: NBB ↗
2021 Frédéric DAWANS became a director. NBB
Jun 3, 2019 New establishment in Incourt. KBO
Jun 3, 2019 Start of the company according to the CBE. KBO

In short

From € 30,409 loss in 2022 to € 39,167 loss in 2025.

Original PDFs at the National Bank ↗

Management

ROYAL HUNT PROPERTIES 34%

CHARITY ONE 33%

SEGONNES 33%

AXIAL INVEST

The stake of ROYAL HUNT PROPERTIES, CHARITY ONE, SEGONNES, AXIAL INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CSE Estate

Behind CSE Estate is Frédéric DAWANS. The shares are held by ROYAL HUNT PROPERTIES (34%), CHARITY ONE (33%), SEGONNES (33%) and AXIAL INVEST.

Directors

According to the 2025 annual accounts

Frédéric DAWANS

Director

Also active at: IMMO 55, SERIE, Ristorit, Tricorne, COMPAGNIE FRANCOIS DE GESTION, CONTINENTAL PROPERTIES, STRAUVEN, CESAR +16 more

since 2021

Shareholders

ROYAL HUNT PROPERTIES

34%

CHARITY ONE

33%

SEGONNES

33%

AXIAL INVEST

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Forge 10

1470 Genappe

2.291.067.645

Rue Sainte Wivine 12B

1315 Incourt

Active since 3 June 2019

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.

All companies at this address →

D4-INVEST

€ 261,589 gross margin · 2025

IMMO 55 same network

€ 344,396 gross margin · 2025

SERIE same network

€ 1 million gross margin · 2025

Ristorit same network

€ 2 million gross margin · 2025

Tricorne same network

€ -6,146 gross margin · 2025

+25 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: 0727.709.242
VAT number: BE 0727.709.242
Registered office: Rue de la Forge 10, 1470 Genappe
Names & denominations: CSE Estate
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 3 June 2019
Peppol: Active · Active since 4 Jan 2026

View on CBE Public ↗ Annual accounts (NBB) ↗