What does KING REAL ESTATE do?

KING REAL ESTATE is an estate agency in Kortrijk. Private Limited, started on 6 April 2021, 1 establishment.

What is the address of KING REAL ESTATE?

The registered office of KING REAL ESTATE is located at Vlaskaai(Kor) 6, 8500 Kortrijk.

Is KING REAL ESTATE still active?

Yes. According to the CBE (2 November 2026) KING REAL ESTATE is active, legal situation “Normale toestand”, started on 6 April 2021.

Is KING REAL ESTATE registered on Peppol?

Yes, KING REAL ESTATE is registered on the Peppol network with ID 0208:0766381558.

What is the enterprise number of KING REAL ESTATE?

The enterprise number of KING REAL ESTATE is BE0766381558.

When was KING REAL ESTATE founded?

KING REAL ESTATE was founded on 6 April 2021.

Who are the directors of KING REAL ESTATE?

According to the 2025 annual accounts, the directors of KING REAL ESTATE are: Think Urban Advice BV.

Is KING REAL ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 April 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KING REAL ESTATE make in 2025?

KING REAL ESTATE posted a profit after taxes of € 34,031 in financial year 2025.

What is the revenue of KING REAL ESTATE?

As a small company, KING REAL ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 92,863.

How much does an employee at KING REAL ESTATE earn?

The average wage cost per full-time employee at KING REAL ESTATE was € 50,600 in 2024: staff costs of € 86,079 for 1.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KING REAL ESTATE have?

According to the 2025 annual accounts, KING REAL ESTATE has 0.7 full-time equivalents (FTE).

KING REAL ESTATE (Private Limited) - Kortrijk

Dossier KING REAL ESTATE, printed on 2 November 2026 from databakkes.be/en/0766381558/king-real-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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.

Financials

Financial year 2025

KING REAL ESTATE from Kortrijk, company number BE0766381558, closed financial year 2025 with a result of € 34,031 after tax. For that financial year KING REAL ESTATE recorded a gross margin of € 92,863 and equity of € -117,138. Compared with financial year 2024, the result moved from € -25,747 to € 34,031. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.

What it is worth Caution

€ -117,138

▲ € 34,031 vs 2024

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

Profit Growing

€ 34,031

▲ still € 25,747 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 92,379

▼ 53% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -137,138.

People and assets in 2025

Full-time equivalents

0.7

▼ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 42,491

▼ 51% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,482

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 302,921

▲ 2% vs 2024

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

Taxes and wages

€ 38,284

▲ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 193,872 Gross margin 2022: € 193,872 First fiscal year in the series	€ -8,518 Gross margin 2023: € -8,518 ▼ € 202,391 vs 2022 (€ 193,872) Unfavourable step	€ 78,463 Gross margin 2024: € 78,463 ▲ € 86,981 vs 2023 (€ -8,518) Favourable step	€ 92,863 Gross margin 2025: € 92,863 ▲ 18% vs 2024 (€ 78,463) Favourable step	▲ 18%
Profit after taxes	€ -26,091 Profit after taxes 2022: € -26,091 First fiscal year in the series	€ -119,331 Profit after taxes 2023: € -119,331 ▼ € 93,241 vs 2022 (€ -26,091) Unfavourable step	€ -25,747 Profit after taxes 2024: € -25,747 ▲ € 93,584 vs 2023 (€ -119,331) Favourable step	€ 34,031 Profit after taxes 2025: € 34,031 ▲ € 59,778 vs 2024 (€ -25,747) Favourable step	▲ € 59,778
Equity	€ -6,091 Equity 2022: € -6,091 First fiscal year in the series	€ -125,422 Equity 2023: € -125,422 ▼ € 119,332 vs 2022 (€ -6,091) Unfavourable step	€ -151,169 Equity 2024: € -151,169 ▼ € 25,747 vs 2023 (€ -125,422) Unfavourable step	€ -117,138 Equity 2025: € -117,138 ▲ € 34,031 vs 2024 (€ -151,169) Favourable step	▲ € 34,031
Total debts	€ 261,476 Total debts 2022: € 261,476 First fiscal year in the series	€ 475,351 Total debts 2023: € 475,351 ▲ 82% vs 2022 (€ 261,476) Unfavourable step	€ 507,401 Total debts 2024: € 507,401 ▲ 7% vs 2023 (€ 475,351) Unfavourable step	€ 538,504 Total debts 2025: € 538,504 ▲ 6% vs 2024 (€ 507,401) Unfavourable step	▲ 6%
Cash	€ 152,600 Cash 2022: € 152,600 First fiscal year in the series	€ 236,390 Cash 2023: € 236,390 ▲ 55% vs 2022 (€ 152,600) Favourable step	€ 196,273 Cash 2024: € 196,273 ▼ 17% vs 2023 (€ 236,390) Unfavourable step	€ 92,379 Cash 2025: € 92,379 ▼ 53% vs 2024 (€ 196,273) Unfavourable step	▼ 53%
Retained profit	€ -26,091 Retained profit 2022: € -26,091 First fiscal year in the series	€ -145,422 Retained profit 2023: € -145,422 ▼ € 119,332 vs 2022 (€ -26,091) Unfavourable step	€ -171,169 Retained profit 2024: € -171,169 ▼ € 25,747 vs 2023 (€ -145,422) Unfavourable step	€ -137,138 Retained profit 2025: € -137,138 ▲ € 34,031 vs 2024 (€ -171,169) Favourable step	▲ € 34,031
Balance sheet total	€ 255,385 Balance sheet total 2022: € 255,385 First fiscal year in the series	€ 349,929 Balance sheet total 2023: € 349,929 ▲ 37% vs 2022 (€ 255,385) Unchanged	€ 356,232 Balance sheet total 2024: € 356,232 ▲ 2% vs 2023 (€ 349,929) Unchanged	€ 421,366 Balance sheet total 2025: € 421,366 ▲ 18% vs 2024 (€ 356,232) Unchanged	▲ 18%
Employees (FTE)	2.6 Employees (FTE) 2022: 2.6 First fiscal year in the series	1.7 Employees (FTE) 2023: 1.7 ▼ 0.9 vs 2022 (2.6) Unchanged	1.7 Employees (FTE) 2024: 1.7 Unchanged (1.7) Unchanged	0.7 Employees (FTE) 2025: 0.7 ▼ 1 vs 2024 (1.7) Unchanged	▼ 1

Key figures of KING REAL 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 KING REAL ESTATE?

What happened at KING REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 30, 2026 New annual accounts for financial year 2025: profit of € 34,031. filed late Source: NBB ↗
Apr 6, 2021 New establishment in Kortrijk. KBO
Apr 6, 2021 Start of the company according to the CBE. KBO

In short

From € 26,091 loss in 2022 to € 34,031 profit in 2025.

Paid € 740 in corporate taxes since 2022.

Best year ever: 2025, with € 34,031 profit.

On average € 46,200 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

THINK URBAN 100%

The stake of THINK URBAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

KING REAL ESTATE

Behind KING REAL ESTATE is Think Urban Advice BV. The shares are held by THINK URBAN (100%).

Directors

According to the 2025 annual accounts

Think Urban Advice BV

Director · represented by Dekeyser Leopold

Shareholders

THINK URBAN

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vlaskaai(Kor) 6

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

THINK URBAN ADVICE same network

€ 145,191 gross margin · 2024

HIGH STREET ONE

€ -6,034 gross margin · 2025

reverence.

€ 174,600 gross margin · 2025

URBAN HUB 2.0

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

Details

Company number

0766.381.558

VAT number

BE 0766.381.558

Registered office

Vlaskaai(Kor) 6, 8500 Kortrijk

Names & denominations

KING REAL ESTATE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 April 2021

Peppol

Active · Active since 14 Nov 2025

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Activiteiten van syndici van onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

KING REAL ESTATE

Warning lights

Financials

What happened to KING REAL ESTATE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions