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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
KING REAL ESTATE from Kortrijk, company number BE0766381558, closed financial year 2024 with a result of € -25,747 after tax. For that financial year KING REAL ESTATE recorded a gross margin of € 78,463 and equity of € -151,169. Compared with financial year 2023, the result moved from € -119,331 to € -25,747. The company made a loss. 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 August 29, 2025.
€ -151,169
▼ € 25,747 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,747
▲ 78 % less loss than in 2023
Profit after tax over the fiscal year.
€ 196,273
▼ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -171,169.
People and assets in 2024
1.7
Average over the fiscal year, from the social balance sheet.
€ 86,079
▼ 18% vs 2023
€ 50,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,928
▲ 180% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 296,013
▼ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 37,988
▲ 41% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 193,872 | € -8,518 | € 78,463 | ▲ € 86,981 |
| Profit after taxes | € -26,091 | € -119,331 | € -25,747 | ▲ € 93,584 |
| Equity | € -6,091 | € -125,422 | € -151,169 | ▼ € 25,747 |
| Total debts | € 261,476 | € 475,351 | € 507,401 | ▲ 7% |
| Cash | € 152,600 | € 236,390 | € 196,273 | ▼ 17% |
| Retained profit | € -26,091 | € -145,422 | € -171,169 | ▼ € 25,747 |
| Balance sheet total | € 255,385 | € 349,929 | € 356,232 | ▲ 2% |
| Employees (FTE) | 2.6 | 1.7 | 1.7 |
Key figures of KING REAL ESTATE, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- New annual accounts for financial year 2024: loss of € 25,747. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Think Urban Advice BV became a director. NBB
In short
From € 26,091 loss in 2022 to € 25,747 loss in 2024.
Paid € 740 in corporate taxes since 2022.
On average € 46,200 of value added per employee in 2024.
A new publication or filing at KING REAL ESTATE? We notify you, reason included.
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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 stake of THINK URBAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KING REAL ESTATEBehind KING REAL ESTATE is Think Urban Advice BV. The shares are held by THINK URBAN (100%).
Directors
According to the 2024 annual accounts
Director · represented by Dekeyser LEOPOLD
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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 →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