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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Essential Real Estate from Gedinne, company number BE0787165589, closed financial year 2025 with a result of € -1,311 after tax. For that financial year Essential Real Estate recorded a gross margin of € -1,052 and equity of € -2,281. Compared with financial year 2024, the result moved from € -1,669 to € -1,311. 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 July 1, 2026.
€ -2,281
▼ € 1,311 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,311
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,964
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,281.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 596
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,695 | € -1,352 | € -1,432 | € -1,052 | ▲ € 380 |
| Profit after taxes | € -2,791 | € -1,509 | € -1,669 | € -1,311 | ▲ € 358 |
| Equity | € 2,209 | € 700 | € -970 | € -2,281 | ▼ € 1,311 |
| Total debts | € 415,564 | € 415,676 | € 416,219 | € 416,167 | |
| Cash | € 13,850 | € 12,454 | € 11,327 | € 9,964 | ▼ 12% |
| Land & buildings | € 403,922 | € 403,922 | € 403,922 | € 403,922 | |
| Retained profit | € -2,791 | € -4,300 | € -5,970 | € -7,281 | ▼ € 1,311 |
| Balance sheet total | € 417,772 | € 416,376 | € 415,249 | € 413,886 |
Key figures of Essential 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 Essential Real Estate?
What happened at Essential Real 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 € 1,311. Source: NBB ↗
- New establishment in Gedinne. KBO
- Start of the company according to the CBE. KBO
- Xavier Michaux became a director. NBB
- Sophie MICHAUX became a director. NBB
In short
From € 2,791 loss in 2022 to € 1,311 loss in 2025.
Management
Behind Essential Real Estate are Xavier Michaux and Sophie MICHAUX. Xavier Michaux is also behind CHIMSCO and Brasserie Station 16.
Directors
According to the 2025 annual accounts
since 2022
Sophie MICHAUX
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Station 16
5575 Gedinne
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
- 0787.165.589
- VAT number
- BE 0787.165.589
- Registered office
- Station 16, 5575 Gedinne
- Names & denominations
- Essential Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2022
- Peppol
- Not registered