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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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KREST 3 from Brussel, company number BE0846683108, closed financial year 2025 with a result of € 25,339 after tax. For that financial year KREST 3 recorded a gross margin of € -2,203 and equity of € 105,602. Compared with financial year 2024, the result moved from € 4 million to € 25,339. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 105,602
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,339
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 193,305
▲ 228% 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 € 41,852.
People and assets in 2025
€ 1,086
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 445,000
▲ 154% vs 2024
Loans from banks and other lenders, long and short.
€ 8,016
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,920 | € -2,127 | € -96,226 | € -2,203 | ▲ € 94,024 |
| Profit after taxes | € 6,218 | € 2,612 | € 4,008,929 | € 25,339 | ▼ 99% |
| Equity | € 68,721 | € 71,334 | € 80,263 | € 105,602 | ▲ 32% |
| Total debts | € 792,576 | € 1,233,756 | € 1,375,952 | € 2,162,419 | ▲ 57% |
| Cash | € 123,419 | € 87,777 | € 58,935 | € 193,305 | ▲ 228% |
| Retained profit | € 4,971 | € 7,584 | € 16,513 | € 41,852 | ▲ 153% |
| Dividend | € 0 | € 0 | € 4,000,000 | € 0 | ▼ 100% |
| Bank debt | € 237,872 | € 277,872 | € 175,000 | € 445,000 | ▲ 154% |
| Balance sheet total | € 861,297 | € 1,305,090 | € 1,456,215 | € 2,268,021 | ▲ 56% |
Key figures of KREST 3, 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 3?
What happened at KREST 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erol KANDIYOTI stepped down as director. NBB
- Sacha KANDIYOTI stepped down as director. NBB
- FINADVIZE SRL stepped down as director. NBB
- Igal KANDIYOTI stepped down as director. NBB
- Adnan KANDIYOTI stepped down as director. NBB
- CLAUDE KANDIYOTI stepped down as director. NBB
- KREST REAL ESTATE INVESTMENTS SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,339 (▼ 99% vs 2024). Source: NBB ↗
In short
From € 6,218 profit in 2022 to € 25,339 profit in 2025.
Paid € 10,594 in corporate taxes since 2022.
Best year ever: 2024, with € 4 million profit.
Paid out € 4 million in dividends to the owners in total.
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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 FINADVIZE, RALIG INVEST, SIETH INVEST, VANCLO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KREST 3The shares are held by KREST REAL ESTATE INVESTMENTS (69%), FINADVIZE (25%), RALIG INVEST (0.3%), SIETH INVEST (0.3%) and VANCLO INVEST (0.3%). It owns 10% of KRESTPOR, 10% of KRESTCAMP, 10% of Eloquent letter, 10% of KREST & CO, 10% of K ALVOR and 10% of K TAGUS itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Erol KANDIYOTI
Director
Also active at: L'Union Immobilière, Chemitex, Admiro, K FINANCE COORDINATION & SERVICES, MUSICA MUNDI SCHOOL, TEX DEVELOPMENT, KREST REAL ESTATE INVESTMENTS, KREST 2 +3 more
since 2023 · until 2026
Igal KANDIYOTI
Managing director
Also active at: Chemitex, Admiro, K FINANCE COORDINATION & SERVICES, COTITEX, KREST & C°, TEX DEVELOPMENT, KREST 2, K PUURS LOGISTICS +3 more
since 2023 · until 2026
since 2023 · until 2026
since 2023 · until 2026
CLAUDE KANDIYOTI
Managing director
Also active at: KREST & C°, KREST REAL ESTATE INVESTMENTS, KREST 2, MSG PARTICIPATIONS
since 2023 · until 2026
KREST REAL ESTATE INVESTMENTS SA
Director · represented by Ralfi KANDIYOTI
Also active at: KREST & C°, KREST 2, IMMO RHODE, MSG PARTICIPATIONS
since 2023 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Louizalaan 221 box 4
1050 Brussel
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.
Details
- Company number
- 0846.683.108
- VAT number
- BE 0846.683.108
- Registered office
- Louizalaan 221 bus 4, 1050 Brussel
- Names & denominations
- KREST 3
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2012
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings