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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
L Estate from Beveren-Kruibeke-Zwijndrecht, company number BE0808301790, closed financial year 2025 with a result of € 62,742 after tax. For that financial year L Estate recorded a gross margin of € 361,778 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 871,879 to € 62,742. The company is profitable. 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 August 31, 2026.
€ 2.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,742
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 2,407
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 139,899 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 40,701
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.9 million
▼ 1% vs 2024
€ 226,446 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 7,118
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,085
▲ 167% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 241,036 | € 433,111 | € 1,405,268 | € 361,778 | ▼ 74% |
| Profit after taxes | € 37,800 | € 157,907 | € 871,879 | € 62,742 | ▼ 93% |
| Equity | € 1,618,308 | € 1,734,024 | € 2,789,033 | € 2,797,545 | |
| Total debts | € 3,096,781 | € 3,270,231 | € 3,040,395 | € 3,179,227 | ▲ 5% |
| Cash | € 6,856 | € 26,393 | € 38,104 | € 2,407 | ▼ 94% |
| Land & buildings | € 4,173,453 | € 5,061,828 | € 5,479,353 | € 5,850,260 | ▲ 7% |
| Retained profit | € 387,723 | € 503,439 | € 1,317,325 | € 1,240,169 | ▼ 6% |
| Dividend | € 10,840 | € 42,192 | € 57,992 | € 139,899 | ▲ 141% |
| Bank debt | € 2,810,206 | € 2,669,248 | € 2,961,877 | € 2,936,407 | ▼ 1% |
| Balance sheet total | € 4,758,791 | € 5,199,464 | € 6,289,919 | € 6,421,438 | ▲ 2% |
Key figures of L Estate, fiscal years 2022 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 L Estate?
What happened at L Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,742 (▼ 93% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
In short
From € 37,800 profit in 2022 to € 62,742 profit in 2025.
Paid € 151,891 in corporate taxes since 2022.
Best year ever: 2024, with € 871,879 profit.
Paid out € 250,923 in dividends to the owners in total.
Management
Behind L Estate are Kelly Van Landeghem and Frederik Smet. The same people are also behind Renovice. Kelly Van Landeghem is also behind TIFRE and Co-piloot.
Establishments
Establishment units
Physical locations of this company
Moerstraat(BEV) 14
9120 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0808.301.790
- VAT number
- BE 0808.301.790
- Registered office
- Moerstraat(BEV) 14, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- L Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2008
- Peppol
- Active · Active since 30 Sept 2026
- Activities · NACE
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