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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAS REAL ESTATE from Schaarbeek, company number BE0791852768, closed financial year 2025 with a result of € -116,070 after tax. For that financial year SAS REAL ESTATE recorded a gross margin of € 73,390 and equity of € 283,077. Compared with financial year 2024, the result moved from € -69,334 to € -116,070. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 283,077
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -116,070
▼ 67 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,559
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -211,923.
People and assets in 2025
€ 9,364
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 6% vs 2024
€ 82,465 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 62,745
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,339
▼ 43% vs 2024
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 | € 87,816 | € 120,469 | € 73,390 | ▼ 39% |
| Profit after taxes | € -26,519 | € -69,334 | € -116,070 | ▼ € 46,736 |
| Equity | € 468,481 | € 399,147 | € 283,077 | ▼ 29% |
| Total debts | € 1,592,649 | € 1,631,510 | € 1,619,441 | ▼ 1% |
| Cash | € 286 | € 14,935 | € 1,559 | ▼ 90% |
| Land & buildings | € 1,941,753 | € 1,883,558 | € 1,825,363 | ▼ 3% |
| Retained profit | € -26,519 | € -95,853 | € -211,923 | ▼ € 116,070 |
| Bank debt | € 1,501,665 | € 1,427,037 | € 1,347,969 | ▼ 6% |
| Balance sheet total | € 2,061,129 | € 2,030,657 | € 1,902,518 | ▼ 6% |
Key figures of SAS REAL ESTATE, 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 SAS REAL ESTATE?
What happened at SAS 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 € 116,070. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Schaarbeek. KBO
In short
From € 26,519 loss in 2023 to € 116,070 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Helmetsesteenweg 389
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MAZIBAS Ali(oprichter) 40%
- EKEN Selim(oprichter) 40%
- SALIHOGLU Sefket(oprichter) 20%
Details
- Company number
- 0791.852.768
- VAT number
- BE 0791.852.768
- Registered office
- Helmetsesteenweg 389, 1030 Schaarbeek
- Names & denominations
- SAS REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2022
- Peppol
- Active · Active since 4 Mar 2026
- Contact
- sasrealestate.be [email protected]
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg