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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Tokyo Estate from Kortrijk, company number BE0759582155, closed financial year 2025 with a result of € -17,311 after tax. For that financial year Tokyo Estate recorded a gross margin of € -3,814 and equity of € 36,988. Compared with financial year 2024, the result moved from € -15,030 to € -17,311. 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 17, 2026.
€ 36,988
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,311
▼ 15 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,213
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -163,012.
Debts at end 2025
€ 761,175
▲ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 66,499
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,798 | € -2,118 | € -1,406 | € -3,814 | ▼ € 2,408 |
| Profit after taxes | € -15,140 | € -15,791 | € -15,030 | € -17,311 | ▼ € 2,281 |
| Equity | € 85,118 | € 69,328 | € 54,298 | € 36,988 | ▼ 32% |
| Total debts | € 674,742 | € 687,219 | € 699,458 | € 827,674 | ▲ 18% |
| Cash | € 10,349 | € 7,035 | € 4,245 | € 4,213 | ▼ 1% |
| Land & buildings | € 749,512 | € 749,512 | € 749,512 | € 749,512 | |
| Retained profit | € -114,882 | € -130,672 | € -145,702 | € -163,012 | ▼ € 17,311 |
| Bank debt | € 646,175 | € 646,175 | € 646,175 | € 761,175 | ▲ 18% |
| Balance sheet total | € 759,861 | € 756,547 | € 753,757 | € 864,661 | ▲ 15% |
Key figures of Tokyo 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 Tokyo Estate?
What happened at Tokyo Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,311. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Stephan Debrabandere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,140 loss in 2022 to € 17,311 loss in 2025.
Management
Behind Tokyo Estate is Stephan Debrabandere. Stephan Debrabandere is also behind Osaka Properties.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Torkonjestraat(Mar) 23
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DUMA FORKLIFTS
€ 28.4 million revenue · 2025
G.S. INTERNATIONAL
€ 872,903 gross margin · 2025
S.E.A.
€ 223,381 revenue · 2025
STEFINA
€ 288,924 gross margin · 2025
DUMA-TRANS
€ 1.1 million gross margin · 2026
+4 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
- 0759.582.155
- VAT number
- BE 0759.582.155
- Registered office
- Torkonjestraat(Mar) 23, 8510 Kortrijk
- Names & denominations
- Tokyo Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2020
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen