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 0 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Belgium Real Estate Lease Fund from Welkenraedt, company number BE0835005692, closed financial year 2025 with a result of € -1,870 after tax. Compared with financial year 2024, the result moved from € 2,122 to € -1,870. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 124,713
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,870
▼ still € 2,122 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,287.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,660
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,378 | € -7,056 | € 2,563 | - | |
| Profit after taxes | € -12,880 | € -11,757 | € 2,122 | € -1,870 | ▼ € 3,992 |
| Equity | € 136,219 | € 124,462 | € 126,583 | € 124,713 | ▼ 1% |
| Total debts | € 181,356 | € 193,138 | € 200,177 | € 192,636 | ▼ 4% |
| Land & buildings | € 317,000 | € 317,000 | € 317,000 | € 317,000 | |
| Retained profit | € -181,781 | € -193,538 | € -191,417 | € -193,287 | ▼ € 1,870 |
| Balance sheet total | € 317,575 | € 317,600 | € 326,760 | € 317,350 | ▼ 3% |
Key figures of Belgium Real Estate Lease Fund, 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 Belgium Real Estate Lease Fund?
What happened at Belgium Real Estate Lease Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SCHREIBER David stepped down as director. NBB
- NIEDERMAN Rifka stepped down as director. NBB
- SCHREIBER Nathan stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,870 (▼ € 3,992 vs 2024). Source: NBB ↗
- MARITZA GROUP Ltd became a director. NBB
- SCHREIBER David became a director. NBB
- NIEDERMAN Rifka became a director. NBB
- SCHREIBER Nathan became a director. NBB
In short
From € 12,880 loss in 2022 to € 1,870 loss in 2025.
Best year ever: 2024, with € 2,122 profit.
Management
The stake of WALLONIA REAL ESTATE FUND 1 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Belgium Real Estate Lease FundBehind Belgium Real Estate Lease Fund is MARITZA GROUP Ltd. The shares are held by WALLONIA REAL ESTATE FUND 1 (99.7%).
Directors
According to the 2025 annual accounts
since 2024
SCHREIBER David
Director
since 2022 · until 2028
NIEDERMAN Rifka
Managing director
since 2022 · until 2028
SCHREIBER Nathan
Director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Vieux Chaffour 5
4841 Welkenraedt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →IMMOLOCA
€ -1,255 gross margin · 2025
COMPAGNIE IMMOBILIERE DU SUD
€ 161,456 gross margin · 2025
POP SYSTEMS INTERNATIONAL
€ -64,588 gross margin · 2025
COMPAGNIE IMMOBILIERE DE LA GAUME
€ 122,444 gross margin · 2025
METRIMEX
€ -671 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0835.005.692
- VAT number
- BE 0835.005.692
- Registered office
- Rue du Vieux Chaffour 5, 4841 Welkenraedt
- Names & denominations
- Belgium Real Estate Lease Fund
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2011
- Peppol
- Active · Active since 3 Apr 2026