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.
Financials
Financial year 2025
Ravenstein 36 from Elsene, company number BE0739659543, closed financial year 2025 with a result of € -2.1 million after tax. For that financial year Ravenstein 36 recorded a gross margin of € 2.6 million and equity of € 15.2 million. Compared with financial year 2024, the result moved from € -3.2 million to € -2.1 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 15.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.1 million
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
€ 415,333
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.4 million.
Debts at end 2025
€ 34.5 million
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 133,610
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,092
▼ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 62,284 | € 346,224 | € 1,986,061 | - | |
| Gross margin | - | - | - | € 2,550,722 | |
| Profit after taxes | € -3,403,900 | € -4,276,067 | € -3,206,165 | € -2,138,456 | ▲ € 1.1 million |
| Equity | € 14,398,827 | € 10,122,760 | € 14,587,451 | € 15,216,000 | ▲ 4% |
| Total debts | € 22,019,296 | € 40,945,789 | € 37,232,078 | € 35,501,881 | ▼ 5% |
| Cash | € 7,373,726 | € 1,072,360 | € 926,033 | € 415,333 | ▼ 55% |
| Land & buildings | € 28,968,934 | € 49,125,858 | € 49,654,899 | € 47,428,225 | ▼ 4% |
| Retained profit | € -2,806,406 | € -7,082,472 | € -10,288,637 | € -12,427,093 | ▼ € 2.1 million |
| Dividend | € 167,681 | € 0 | € 0 | € 0 | |
| Bank debt | € 20,417,143 | € 35,299,076 | € 36,555,476 | € 34,475,537 | ▼ 6% |
| Balance sheet total | € 36,418,123 | € 51,068,550 | € 51,865,548 | € 50,758,842 | ▼ 2% |
Key figures of Ravenstein 36, 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 Ravenstein 36?
What happened at Ravenstein 36 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IQEQ Holdings (Belgium) SA stepped down as director. NBB
- N-BEL BV SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.1 million. Source: NBB ↗
- IQEQ Holdings (Belgium) SA became a director. NBB
- N-BEL BV SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million loss in 2022 to € 2.1 million loss in 2025.
Paid out € 167,681 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Hemingway RE BE 4 SRL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Laurent Monsieur Dassonville
Also active at: PANTON KORTENBERG VASTGOED, Wipro CRM Services, PAKOBO, WESLO, Butler Industries Benelux, LAMIBEL, Titanium Ruth Belgium Holdco, LCP NIVELLES DC +13 more
since 2024 · until 2030
Director · represented by Abdelilah Aït-Ahmad,
Also active at: PANTON KORTENBERG VASTGOED, PAKOBO, LAMIBEL, BELLECOM, Titanium Ruth Belgium Holdco, LCP NIVELLES DC, Square du Champ de Mars, Place Sainte-Gudule 19 +5 more
since 2024 · until 2030
Shareholders
Hemingway RE BE 4 SRL
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 1
1050 Elsene
Marsveldstraat 23
1050 Elsene
Active since 16 December 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.659.543
- VAT number
- BE 0739.659.543
- Registered office
- Louizalaan 65 bus 1, 1050 Elsene
- Names & denominations
- Ravenstein 36
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2019
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis