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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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Mitiska European Real Estate Partners 3 from Dilbeek, company number BE0788585452, closed financial year 2025 with a result of € -8.1 million after tax. For that financial year Mitiska European Real Estate Partners 3 recorded a gross margin of € -5.3 million and equity of € 117.4 million. Compared with financial year 2024, the result moved from € -5.5 million to € -8.1 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 117.4 million
▲ 143% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8.1 million
▼ 47 % more loss than in 2024
Profit after tax over the fiscal year.
€ 284,542
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -5,164,616 | € -4,916,068 | € -5,306,363 | ▼ € 390,295 |
| Profit after taxes | € -6,182,491 | € -5,476,119 | € -8,071,253 | ▼ € 2.6 million |
| Equity | € 10,711,671 | € 48,346,153 | € 117,426,288 | ▲ 143% |
| Total debts | € 25,585,210 | € 14,874,392 | € 3,261,046 | ▼ 78% |
| Cash | € 924,112 | € 226,248 | € 284,542 | ▲ 26% |
| Retained profit | € -6,182,491 | € -11,658,611 | € -19,729,863 | ▼ € 8.1 million |
| Bank debt | € 25,250,000 | € 14,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 36,296,880 | € 63,220,545 | € 120,687,334 | ▲ 91% |
Key figures of Mitiska European Real Estate Partners 3, fiscal years 2023 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 Mitiska European Real Estate Partners 3?
What happened at Mitiska European Real Estate Partners 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8.1 million. Source: NBB ↗
- New establishment in Dilbeek. KBO
- Mitiska Real Estate Investment Management NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6.2 million loss in 2023 to € 8.1 million loss in 2025.
Management
The stake of MITISKA REAL ESTATE INVESTMENT MANAGEMENT, RETAIL CONSULTANCY AND VALUE ESTATE RESIDENTIAL SERVICES, HEYFAM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Mitiska European Real Estate Partners 3Behind Mitiska European Real Estate Partners 3 is Mitiska Real Estate Investment Management NV. The shares are held by MITISKA REAL ESTATE INVESTMENT MANAGEMENT (6.3%), RETAIL CONSULTANCY AND VALUE ESTATE RESIDENTIAL SERVICES (3.1%) and HEYFAM (0.1%). It owns 100% of M3 Debtco, 100% of MEREP 3 Management GmbH, 100% of Platin 2361. GmbH & Co. KG, 92.5% of Retail Center Venlo, 80% of CGMP Sintra 1 and 68.4% of Canolten Investments Sp. Z.o.o. itself.
Directors
According to the 2025 annual accounts
Mitiska Real Estate Investment Management NV
Manager · represented by Axel Despriet
Also active at: Mitiska REIM Investco, MEREP Light Industrial, First Retail Partners, MEREP 3 CEE CIV
since 2022
Shareholders
Participations
100%
MEREP 3 Management GmbH
100%
Platin 2361. GmbH & Co. KG
100%
Retail Center Venlo
92.5%
CGMP Sintra 1
80%
Canolten Investments Sp. Z.o.o.
68.4%
East Side Holding s.r.o.
66.5%
Karuzela Myslowice Sp. Z.o.o.
66.5%
S7 Blejoi
60%
S7 Arad
60%
S7 Constanta
60%
OPC Kolarovo
51.1%
Park Lane Varna AD
49%
Park Lane Nadezhda AD
49%
Park Lane Lyulin AD
49%
Park Lane Rezbarska AD
49%
OC Sladkovicovo s.r.o.
49%
47%
OP Centrum Retail Skalica s.r.o.
35%
OPC Liptovsky Mikulas
35%
OPC Stropkov
35%
OPC Ziar Nad Hronom
35%
OPC Velke Kapusany
35%
29.2%
Arcola s.r.o.
Establishments
Establishment units
Physical locations of this company
Alfons Gossetlaan 34 box 401
1702 Dilbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →Arlini
€ 80,325 gross margin · 2025
BOSTON
€ 103,638 gross margin · 2025
MAIN HOLDING
€ 17,715 gross margin · 2025
MITISKA REAL ESTATE INVESTMENT MANAGEMENT same network
€ 15.8 million revenue · 2025
MITISKA
€ 337,526 revenue · 2025
+34 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
- 0788.585.452
- VAT number
- BE 0788.585.452
- Registered office
- Alfons Gossetlaan 34 bus 401, 1702 Dilbeek
- Names & denominations
- Mitiska European Real Estate Partners 3 · MEREP 3
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 14 July 2022
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Activiteiten van hoofdkantoren