Active · per the CBE, 5 October 2026

Privilege Properties

BE0737420031

Rechtspersoon Private limited company 1 establishment

Privilege Properties is a property company in Turnhout. Private Limited, started on 5 November 2019, 1 establishment.

Heizijde 174/1, 2300 Turnhout

Behind the company: Raphaël De vallee.

Active for

6 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Privilege Properties from Turnhout, company number BE0737420031, closed financial year 2025 with a result of € -43,038 after tax. For that financial year Privilege Properties recorded a gross margin of € 55,415 and equity of € 82,227. Compared with financial year 2024, the result moved from € 2,051 to € -43,038. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Healthy

€ 82,227

▼ 34% vs 2024

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

Loss Caution

€ -43,038

▼ still € 2,051 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 106,018

▲ 168% 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 € 57,227.

People and assets in 2025

Vehicles and equipment

€ 0

▼ € 2,021 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 21 years to go

€ 1.3 million

▲ 17% vs 2024

€ 60,375 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 89,898

▼ 48% vs 2024

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

Taxes

€ 21,447

▲ 24% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 53,655 € 31,750 € 56,724 € 55,415 ▼ 2%
Profit after taxes € 17,269 € 8,653 € 2,051 € -43,038 ▼ € 45,089
Equity € 114,560 € 123,213 € 125,264 € 82,227 ▼ 34%
Total debts € 843,726 € 860,281 € 2,364,591 € 2,450,742 ▲ 4%
Cash € 6,137 € 4,177 € 39,503 € 106,018 ▲ 168%
Land & buildings € 460,647 € 441,148 € 904,462 € 1,772,170 ▲ 96%
Retained profit € 89,560 € 98,213 € 100,264 € 57,227 ▼ 43%
Bank debt € 334,759 € 310,197 € 1,073,457 € 1,252,517 ▲ 17%
Balance sheet total € 958,286 € 983,494 € 2,489,855 € 2,532,969 ▲ 2%

Key figures of Privilege Properties, 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 Privilege Properties?

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

  • New annual accounts for financial year 2025: loss of € 43,038 (▼ € 45,089 vs 2024). Source: NBB ↗
  • New establishment in Turnhout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 17,269 profit in 2022 to € 43,038 loss in 2025.

Paid € 13,490 in corporate taxes since 2022.

Best year ever: 2022, with € 17,269 profit.

Management

Raphaël De vallee
Privilege Properties

Behind Privilege Properties is Raphaël De vallee. It owns 25% of Bright ID Property Fund and 20% of Gastrobar Gaston itself.

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Directors

According to the 2025 annual accounts

Raphaël De vallee

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Heizijde 174/1

2300 Turnhout

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0737.420.031
VAT number
BE 0737.420.031
Registered office
Heizijde 174/1, 2300 Turnhout
Names & denominations
Privilege Properties
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 November 2019
Peppol
Active · Active since 18 Nov 2025
Activities · NACE

Verhuur en exploitatie van terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Vermogensbeheer

Frequently asked questions

What does Privilege Properties do?
Privilege Properties is a property company in Turnhout. Private Limited, started on 5 November 2019, 1 establishment.
What is the address of Privilege Properties?
The registered office of Privilege Properties is located at Heizijde 174/1, 2300 Turnhout.
Is Privilege Properties still active?
Yes. According to the CBE (5 October 2026) Privilege Properties is active, legal situation “Normale toestand”, started on 5 November 2019.
Is Privilege Properties registered on Peppol?
Yes, Privilege Properties is registered on the Peppol network with ID 0208:0737420031.
What is the enterprise number of Privilege Properties?
The enterprise number of Privilege Properties is BE0737420031.
When was Privilege Properties founded?
Privilege Properties was founded on 5 November 2019.