Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WALLONIA REAL ESTATE FUND 1 from Welkenraedt, company number BE0861037029, closed financial year 2025 with a result of € -206,731 after tax. For that financial year WALLONIA REAL ESTATE FUND 1 recorded a gross margin of € 519,279 and equity of € 302,123. Compared with financial year 2024, the result moved from € -2,149 to € -206,731. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 302,123
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -206,731
▼ 9520 % more loss than in 2024
Profit after tax over the fiscal year.
€ 327,221
▲ € 271,106 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4 million.
People and assets in 2025
€ 180,000
▼ 68% vs 2024
Of which on lease € 180,000.
Debts at end 2025
€ 538,808
▼ 36% vs 2024
€ 358,808 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 517,642
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,998
▲ € 11,367 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 388,658 | € 373,284 | € 615,988 | € 519,279 | ▼ 16% |
| Profit after taxes | € 847,655 | € -417,237 | € -2,149 | € -206,731 | ▼ € 204,582 |
| Equity | € 928,241 | € 511,004 | € 508,855 | € 302,123 | ▼ 41% |
| Total debts | € 7,341,943 | € 7,478,369 | € 6,637,859 | € 6,460,306 | ▼ 3% |
| Cash | € 47,513 | € 19,663 | € 56,114 | € 327,221 | ▲ € 271,106 |
| Retained profit | € -3,407,676 | € -3,824,913 | € -3,827,062 | € -4,033,794 | ▼ € 206,731 |
| Bank debt | € 1,874,156 | € 1,373,306 | € 841,673 | € 538,808 | ▼ 36% |
| Balance sheet total | € 8,427,424 | € 8,094,199 | € 7,199,127 | € 6,762,430 | ▼ 6% |
Key figures of WALLONIA REAL ESTATE FUND 1, 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 WALLONIA REAL ESTATE FUND 1?
What happened at WALLONIA REAL ESTATE FUND 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 206,731. Source: NBB ↗
- Maritza Group Ltd became a director. NBB
- Rifka NIEDERMAN became a director. NBB
- Nathan SCHREIBER became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 847,655 profit in 2022 to € 206,731 loss in 2025.
Best year ever: 2022, with € 847,655 profit.
A new publication or filing at WALLONIA REAL ESTATE FUND 1? We notify you, reason included.
Follow WALLONIA REAL ESTATE FUND 1Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind WALLONIA REAL ESTATE FUND 1 are Rifka NIEDERMAN, Maritza Group Ltd and Nathan SCHREIBER. It owns 99.7% of Belgian Real Estate Lease Fund itself.
Directors
According to the 2025 annual accounts
Rifka NIEDERMAN
Director
since 2016
Maritza Group Ltd
Director · represented by Piron David Piron David
Also active at: Belgium Real Estate Lease Fund
since 2024
Nathan SCHREIBER
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue du Vieux Chaffour 5
4841 Welkenraedt
Rue du Fourneau 41
4030 Liège
Active since 1 November 2003
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
- 0861.037.029
- VAT number
- BE 0861.037.029
- Registered office
- Rue du Vieux Chaffour 5, 4841 Welkenraedt
- Names & denominations
- WALLONIA REAL ESTATE FUND 1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2003
- Peppol
- Active · Active since 13 Feb 2025
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Secretariaten
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren