Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RGF Real Estate Development from Chaudfontaine, company number BE0790757163, closed financial year 2025 with a result of € 28,085 after tax. For that financial year RGF Real Estate Development recorded a gross margin of € 104,332 and equity of € 74,351. Compared with financial year 2024, the result moved from € -2,088 to € 28,085. 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 October 29, 2026.
€ 74,351
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,085
▲ still € 2,088 loss in 2024
Profit after tax over the fiscal year.
€ 6,412
▲ 83% 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 € 24,351.
Debts at end 2025
€ 303,397
▼ 90% vs 2024
€ 58,048 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 64,221
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,117
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -31,449 | € -5,122 | € 104,332 | ▲ € 109,454 |
| Profit after taxes | € -1,646 | € -2,088 | € 28,085 | ▲ € 30,173 |
| Equity | € 48,354 | € 46,266 | € 74,351 | ▲ 61% |
| Total debts | € 2,196,792 | € 3,187,395 | € 3,796,548 | ▲ 19% |
| Cash | € 80 | € 3,503 | € 6,412 | ▲ 83% |
| Retained profit | € -1,646 | € -3,734 | € 24,351 | ▲ € 28,085 |
| Bank debt | € 2,164,645 | € 3,041,518 | € 303,397 | ▼ 90% |
| Balance sheet total | € 2,245,146 | € 3,233,661 | € 3,870,899 | ▲ 20% |
Key figures of RGF Real Estate Development, 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 RGF Real Estate Development?
What happened at RGF Real Estate Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,085. filed late Source: NBB ↗
- New establishment in Chaudfontaine. KBO
- R.G.F. IMMO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,646 loss in 2023 to € 28,085 profit in 2025.
Paid € 8,117 in corporate taxes since 2023.
Best year ever: 2025, with € 28,085 profit.
Management
The stake of R.G.F. IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RGF Real Estate DevelopmentBehind RGF Real Estate Development is R.G.F. IMMO. The shares are held by R.G.F. IMMO (100%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sentier du Lièvre 95
4053 Chaudfontaine
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →R.G.F. IMMO same network
€ 829,370 gross margin · 2024
R.G.F. INSURANCES
€ 4.2 million gross margin · 2025
CLOES CONSULT
€ 138,464 gross margin · 2026
R.G.F. LOANS
€ 1.8 million gross margin · 2025
RG UNITE TVA
+11 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
- 0790.757.163
- VAT number
- BE 0790.757.163
- Registered office
- Sentier du Lièvre 95, 4053 Chaudfontaine
- Names & denominations
- RGF Real Estate Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2022
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten
Handel in eigen onroerend goed