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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
THE ESTATE BUREAU from Etterbeek, company number BE0865918109, closed financial year 2025 with a result of € -22,926 after tax. For that financial year THE ESTATE BUREAU recorded a gross margin of € -3,961 and equity of € -5,665. Compared with financial year 2024, the result moved from € -21,019 to € -22,926. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -5,665
▼ € 22,926 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,926
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 45
▲ € 38 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -326,531.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,558
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,204 | € 1,881 | € -1,926 | € -3,961 | ▼ € 2,035 |
| Profit after taxes | € -34,635 | € -42,860 | € -21,019 | € -22,926 | ▼ € 1,907 |
| Equity | € 81,140 | € 38,280 | € 17,261 | € -5,665 | ▼ € 22,926 |
| Total debts | € 383,041 | € 384,546 | € 389,778 | € 397,427 | ▲ 2% |
| Cash | € 227 | € 206 | € 7 | € 45 | ▲ € 38 |
| Land & buildings | € 462,999 | € 421,714 | € 406,189 | € 390,906 | ▼ 4% |
| Retained profit | € -277,720 | € -307,915 | € -316,269 | € -326,531 | ▼ € 10,261 |
| Balance sheet total | € 464,181 | € 422,826 | € 407,039 | € 391,762 | ▼ 4% |
Key figures of THE ESTATE BUREAU, 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 THE ESTATE BUREAU?
What happened at THE ESTATE BUREAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,926. filed late Source: NBB ↗
- Michael SCHUBERT became a director. NBB
- Laurence SCHUBERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,635 loss in 2022 to € 22,926 loss in 2025.
A new publication or filing at THE ESTATE BUREAU? 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
Behind THE ESTATE BUREAU are Michael SCHUBERT and Laurence SCHUBERT. Laurence SCHUBERT is also behind ASSOCIATION DES PARENTS D'ELEVES DE L'ECOLE EUROPEENNE DE BRUXELLES III - IXELLES.
Directors
According to the 2025 annual accounts
Michael SCHUBERT
Director
since 2025
Laurence SCHUBERT
Director
Also active at: ASSOCIATION DES PARENTS D'ELEVES DE L'ECOLE EUROPEENNE DE BRUXELLES III - IXELLES
since 2025
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 60
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.918.109
- VAT number
- BE 0865.918.109
- Registered office
- Louis Schmidtlaan 60, 1040 Etterbeek
- Names & denominations
- THE ESTATE BUREAU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2004
- Peppol
- Not registered