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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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KREST & C° from Brussel, company number BE0782331625, closed financial year 2025 with a result of € 49,687 after tax. For that financial year KREST & C° recorded a gross margin of € -472 and equity of € 107,897. Compared with financial year 2024, the result moved from € -851 to € 49,687. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 21, 2025.
€ 107,897
▲ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,687
▲ still € 851 loss in 2024
Profit after tax over the fiscal year.
€ 2,239
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 46,397.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,376
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 | |
|---|---|---|---|---|---|
| Gross margin | € -1,853 | € -73 | € -127 | € -472 | ▼ € 345 |
| Profit after taxes | € -1,900 | € -539 | € -851 | € 49,687 | ▲ € 50,538 |
| Equity | € 59,600 | € 59,061 | € 58,210 | € 107,897 | ▲ 85% |
| Total debts | € 0 | € 10 | € 46 | € 23,568,799 | ▲ € 23.6 million |
| Cash | € 59,600 | € 59,007 | € 58,257 | € 2,239 | ▼ 96% |
| Retained profit | € -1,900 | € -2,439 | € -3,290 | € 46,397 | ▲ € 49,687 |
| Balance sheet total | € 59,600 | € 59,071 | € 58,257 | € 23,676,697 | ▲ € 23.6 million |
Key figures of KREST & C°, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KREST & C°?
What happened at KREST & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Adnan KANDIYOTI stepped down as director. NBB
- Igal KANDIYOTI stepped down as director. NBB
- Ilan Zatalovski stepped down as director. NBB
- Sacha KANDIYOTI stepped down as director. NBB
- Claude Kandiyoti stepped down as director. NBB
- KREST REAL ESTATE INVESTMENTS SA SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 49,687. Source: NBB ↗
- New establishment in Elsene. KBO
In short
From € 1,900 loss in 2022 to € 49,687 profit in 2025.
Paid € 17,376 in corporate taxes since 2022.
Best year ever: 2025, with € 49,687 profit.
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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 KREST REAL ESTATE INVESTMENTS, KREST 3 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KREST & C°The shares are held by KREST REAL ESTATE INVESTMENTS (89.9%) and KREST 3 (10%). It owns 66.7% of OAK VALLEY itself.
Directors
According to the 2025 annual accounts
Adnan KANDIYOTI
Director
Also active at: Chemitex, K FINANCE COORDINATION & SERVICES, KREST REAL ESTATE INVESTMENTS, KREST 2, IMMO RHODE, MSG PARTICIPATIONS, VANCLO INVEST
since 2022 · until 2027
Igal KANDIYOTI
Managing director
Also active at: Chemitex, Admiro, K FINANCE COORDINATION & SERVICES, COTITEX, TEX DEVELOPMENT, KREST 3, KREST 2, K PUURS LOGISTICS +3 more
since 2022 · until 2027
since 2022 · until 2027
Claude Kandiyoti
Managing director
Also active at: KREST REAL ESTATE INVESTMENTS, KREST 3, KREST 2, MSG PARTICIPATIONS
since 2022 · until 2027
KREST REAL ESTATE INVESTMENTS SA SA
Director · represented by Ralfi KANDIYOTI
Owns 6.9% via KREST 3
Also active at: KREST 3, KREST 2, IMMO RHODE, MSG PARTICIPATIONS
since 2022 · until 2027
Shareholders
KREST 3 · holding of KREST REAL ESTATE INVESTMENTS SA SA
10%
Participations
66.7%
Establishments
Establishment units
Physical locations of this company
Louizalaan 221 box 4
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →L'Union Immobilière
€ 39,400 gross margin · 2025
PATRIA
€ 107,560 gross margin · 2025
Chemitex same network
€ 101.3 million revenue · 2025
Amicale du Personnel d'Old England
Admiro same network
€ 25.4 million revenue · 2025
+24 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
- 0782.331.625
- VAT number
- BE 0782.331.625
- Registered office
- Louizalaan 221 bus 4, 1050 Brussel
- Names & denominations
- KREST & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2022
- Peppol
- Active · Active since 31 Mar 2026
- Contact
- [email protected] 026270776