Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Chapter George Properties from Harelbeke, company number BE0793149697, closed financial year 2025 with a result of € -67,351 after tax. For that financial year Chapter George Properties recorded a gross margin of € 37,208 and equity of € 332,370. Compared with financial year 2024, the result moved from € -56,491 to € -67,351. 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 June 2, 2026.
€ 332,370
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -67,351
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,927
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -167,630.
Debts at end 2025
€ 1.8 million
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 4,911
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -9,962 | € 54,286 | € 37,208 | ▼ 31% |
| Profit after taxes | € -43,788 | € -56,491 | € -67,351 | ▼ € 10,860 |
| Equity | € 456,212 | € 399,721 | € 332,370 | ▼ 17% |
| Total debts | € 2,523,574 | € 2,601,030 | € 2,608,034 | |
| Cash | € 9,810 | € 30,775 | € 2,927 | ▼ 90% |
| Retained profit | € -43,788 | € -100,279 | € -167,630 | ▼ € 67,351 |
| Bank debt | € 1,792,020 | € 2,062,020 | € 1,795,350 | ▼ 13% |
| Balance sheet total | € 2,979,786 | € 3,000,751 | € 2,940,404 | ▼ 2% |
Key figures of Chapter George Properties, 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 Chapter George Properties?
What happened at Chapter George Properties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- D.S.R.T NV stepped down as director. NBB
- Indel Invest BV stepped down as director. NBB
- Ulnate BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 67,351. Source: NBB ↗
- Start of the company according to the CBE. KBO
- D.S.R.T NV became a director. NBB
- Indel Invest BV became a director. NBB
- Ulnate BV became a director. NBB
In short
From € 43,788 loss in 2023 to € 67,351 loss in 2025.
Management
The stake of Chapter George comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Chapter George PropertiesThe shares are held by Chapter George (100%).
Directors
According to the 2025 annual accounts
Director · represented by Rita Tanghe
Also active at: VAN MAERCKE PREFAB, Bouw Georges Tanghe, ACAP, DECKX ELEKTRO MECHANICA, DESIRE STADSBADER, STV - TRANS, STADSBADER ROUTE, VASTGOED INVEST +15 more
since 2022 · until 2028
Director · represented by Stephanie Valcke
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, JAGERSHOF, LETSGO CITY +19 more
since 2022 · until 2028
Director · represented by Stefanie Vanden Broucke
Also active at: Chapter George, Chapter George Develops
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Harpstraat 5/1
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0793.149.697
- VAT number
- BE 0793.149.697
- Registered office
- Harpstraat 5/1, 8530 Harelbeke
- Names & denominations
- Chapter George Properties
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis