Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KREST REAL ESTATE INVESTMENTS from Elsene, company number BE0834802289, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year KREST REAL ESTATE INVESTMENTS recorded revenue of € 375,028 and equity of € 63.9 million. Compared with financial year 2024, the result moved from € 36.9 million to € 1.5 million. 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 December 8, 2025.
€ 63.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 713,968
▲ 266% 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 € 42.3 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 117,765
▲ 6% vs 2024
€ 117,800 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.
€ 34,493
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,000
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 44,994
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 252,457
▲ € 248,721 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 364,432 | € 700,944 | € 375,028 | ▼ 46% |
| Gross margin | € -219,936 | - | - | - | |
| Profit after taxes | € 339,059 | € 160,959 | € 36,896,741 | € 1,501,573 | ▼ 96% |
| Equity | € 24,969,317 | € 25,130,276 | € 62,203,758 | € 63,902,635 | ▲ 3% |
| Total debts | € 70,213,127 | € 86,580,306 | € 48,504,396 | € 44,695,016 | ▼ 8% |
| Cash | € 9,342,298 | € 777,273 | € 195,063 | € 713,968 | ▲ 266% |
| Land & buildings | € 648,198 | € 617,306 | € 586,415 | € 555,523 | ▼ 5% |
| Retained profit | € 3,743,904 | € 3,904,863 | € 40,801,604 | € 42,303,177 | ▲ 4% |
| Bank debt | € 3,900,931 | € 2,700,000 | € 1,500,000 | € 300,000 | ▼ 80% |
| Balance sheet total | € 95,182,444 | € 111,710,582 | € 110,708,154 | € 108,597,651 | ▼ 2% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of KREST REAL ESTATE INVESTMENTS, 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 KREST REAL ESTATE INVESTMENTS?
What happened at KREST REAL ESTATE INVESTMENTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brigitte GOUDER DE BEAUREGARD stepped down as director. NBB
- Rodolfo MARQUES DE VICENTE FERREIRA stepped down as director. NBB
- Ricardo Nuno REIGADA PEREIRA stepped down as director. NBB
- Erol KANDIYOTI stepped down as director. NBB
- Adnan KANDIYOTI stepped down as director. NBB
- Ralfi KANDIYOTI stepped down as director. NBB
- Sacha KANDIYOTI stepped down as director. NBB
- Igal KANDIYOTI stepped down as director. NBB
In short
From € 339,059 profit in 2022 to € 1.5 million profit in 2025.
Paid € 477,000 in corporate taxes since 2022.
Best year ever: 2024, with € 36.9 million profit.
Pays suppliers within 18 days on average.
A new publication or filing at KREST REAL ESTATE INVESTMENTS? 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
The stake of RALIG INVEST, SIETH INVEST, VANCLO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KREST REAL ESTATE INVESTMENTSThe shares are held by RALIG INVEST (33.3%), SIETH INVEST (33.3%) and VANCLO INVEST (33.3%). It owns 100% of KRESTLIS ORIENTE, 99.8% of KREST 2 SA, 97% of KRESTLIS RODRIGO DA FONSECA 55, 97% of KRESTLIS RODRIGO DA FONSECA 73, 97% of IMMO RHODE SA and 97% of KRESTLIS itself.
Directors
According to the 2025 annual accounts
Erol KANDIYOTI
Director
Also active at: L'Union Immobilière, Chemitex, Admiro, K FINANCE COORDINATION & SERVICES, MUSICA MUNDI SCHOOL, TEX DEVELOPMENT, KREST 3, KREST 2 +3 more
since 2020 · until 2026
Adnan KANDIYOTI
Director
Also active at: Chemitex, K FINANCE COORDINATION & SERVICES, KREST & C°, KREST 2, IMMO RHODE, MSG PARTICIPATIONS, VANCLO INVEST
since 2020 · until 2026
since 2020 · until 2026
Sacha KANDIYOTI
Managing director
Also active at: K FINANCE COORDINATION & SERVICES, KREST 2, K PUURS LOGISTICS, IMMO RHODE, MSG PARTICIPATIONS, SIETH INVEST
since 2020 · until 2026
Igal KANDIYOTI
Managing director
since 2020 · until 2026
since 2023 · until 2029
since 2020 · until 2026
Rodolfo MARQUES DE VICENTE FERREIRA
Director
since 2023 · until 2029
Ricardo Nuno REIGADA PEREIRA
Director
since 2023 · until 2029
Shareholders
Participations
100%
99.8%
97%
97%
90%
90%
90%
90%
89.9%
88.4%
87.3%
69%
33.3%
27.8%
27.8%
27.8%
27.8%
27.8%
24.3%
16.1%
15%
7.8%
Establishments
Establishment units
Physical locations of this company
Louizalaan 221 box 4
1050 Elsene
Louizalaan 221/4 box 4
1050 Elsene
Active since 24 March 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →L'Union Immobilière same network
€ 39,400 gross margin · 2025
PATRIA
€ 107,560 gross margin · 2025
Chemitex same network
€ 101.3 million revenue · 2025
Amicale du Personnel d'Old England
Admiro same network
€ 25.4 million revenue · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
ALMOUROLTEC, PT
DNS
OVH DNS
Domain
Domain
krestinvestments.com
Registered
2011-10-10
Registrar
OVH sas
Expires
2027-10-10
Website info
Features
Security
Details
- Company number
- 0834.802.289
- VAT number
- BE 0834.802.289
- Registered office
- Louizalaan 221 bus 4, 1050 Elsene
- Names & denominations
- KREST REAL ESTATE INVESTMENTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2011
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- krestinvestments.com
- Activities · NACE
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