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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Connect Estates from Antwerpen, company number BE0799246544, closed financial year 2025 with a result of € 16,954 after tax. For that financial year Connect Estates recorded a gross margin of € 135,007 and equity of € 291,266. Compared with financial year 2024, the result moved from € 269,312 to € 16,954. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 291,266
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,954
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 66,535
▼ 60% 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 € 286,266.
People and assets in 2025
1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 49,775
▲ 65% vs 2024
€ 49,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,207
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 657,817
Loans from banks and other lenders, long and short.
€ 65,928
▲ € 52,093 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 103,570
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 463,819 | € 135,007 | ▼ 71% |
| Profit after taxes | € 269,312 | € 16,954 | ▼ 94% |
| Equity | € 274,312 | € 291,266 | ▲ 6% |
| Total debts | € 236,835 | € 949,853 | ▲ € 713,019 |
| Cash | € 164,632 | € 66,535 | ▼ 60% |
| Land & buildings | - | € 415,559 | |
| Retained profit | € 269,312 | € 286,266 | ▲ 6% |
| Bank debt | € 0 | € 657,817 | |
| Balance sheet total | € 511,147 | € 1,241,119 | ▲ 143% |
| Employees (FTE) | 0.8 | 1 | ▲ 0.2 |
Key figures of Connect Estates, fiscal years 2024 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 Connect Estates?
What happened at Connect Estates in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,954 (▼ 94% vs 2024). filed late Source: NBB ↗
- Yom-Tov Lipman Landman stepped down as director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 269,312 profit in 2024 to € 16,954 profit in 2025.
Paid € 91,751 in corporate taxes since 2024.
Best year ever: 2024, with € 269,312 profit.
On average € 135,000 of value added per employee in 2025.
A new publication or filing at Connect Estates? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Connect Estates is Pinchas Müller.
Directors
According to the 2025 annual accounts
Pinchas Müller
Director
Yom-Tov Lipman Landman
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Belgiëlei 94
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0799.246.544
- VAT number
- BE 0799.246.544
- Registered office
- Belgiëlei 94, 2018 Antwerpen
- Names & denominations
- Connect Estates
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2023
- Peppol
- Active · Active since 21 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen