Financials
Financial year 2025
LARES REAL ESTATE from Sint-Lambrechts-Woluwe, company number BE0833047381, closed financial year 2025 with a result of € 195,696 after tax. For that financial year LARES REAL ESTATE recorded a gross margin of € 299,178 and equity of € 356,164. Compared with financial year 2024, the result moved from € 140,008 to € 195,696. Profitable, and profit is growing. 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 November 27, 2025.
€ 356,164
▲ 122% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 195,696
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 102,158
▼ 6% 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 € 337,564.
People and assets in 2025
€ 4,192
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66,661
▼ 12% vs 2024
€ 7,117 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,674
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,054
▲ 15% 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 | € 230,955 | € 281,576 | € 219,468 | € 299,178 | ▲ 36% |
| Profit after taxes | € 168,651 | € 203,790 | € 140,008 | € 195,696 | ▲ 40% |
| Equity | € 20,460 | € 20,460 | € 160,468 | € 356,164 | ▲ 122% |
| Total debts | € 289,523 | € 355,045 | € 125,882 | € 107,283 | ▼ 15% |
| Cash | € 49,916 | € 143,687 | € 108,752 | € 102,158 | ▼ 6% |
| Land & buildings | € 141,808 | € 137,443 | € 125,776 | € 112,302 | ▼ 11% |
| Retained profit | € 1,860 | € 1,860 | € 141,868 | € 337,564 | ▲ 138% |
| Dividend | € 168,651 | € 203,790 | € 0 | € 0 | |
| Bank debt | € 88,695 | € 80,831 | € 75,333 | € 66,661 | ▼ 12% |
| Balance sheet total | € 309,983 | € 375,505 | € 286,350 | € 463,447 | ▲ 62% |
Key figures of LARES REAL 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 30 January 2027.
What happened to LARES REAL ESTATE?
What happened at LARES REAL 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 € 195,696 (▲ 40% vs 2024). Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Laurent Calonne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 168,651 profit in 2022 to € 195,696 profit in 2025.
Paid € 257,025 in corporate taxes since 2022.
Best year ever: 2023, with € 203,790 profit.
Paid out € 372,440 in dividends to the owners in total.
Management
Behind LARES REAL ESTATE is Laurent Calonne. Laurent Calonne is also behind ESPEVELO1 and Grondbank The Loop.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Georges Henrilaan 447
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0833.047.381
- VAT number
- BE 0833.047.381
- Registered office
- Georges Henrilaan 447, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- LARES REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2011
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
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Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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