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 18 % of short-term debt in 2024; 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 2024
NINOVE REAL ESTATE from Merelbeke, company number BE0875426681, closed financial year 2024 with a result of € -21,869 after tax. For that financial year NINOVE REAL ESTATE recorded a gross margin of € 222,758 and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 167,802 to € -21,869. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2025.
€ 1.7 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,869
▼ still € 167,802 profit in 2023
Profit after tax over the fiscal year.
€ 369,203
▼ 43% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
People and assets in 2024
€ 37,414
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.7 million
▼ 8% vs 2023
€ 177,328 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 42,385
▲ 166% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 139,958 | € 386,072 | € 369,075 | € 222,758 | ▼ 40% |
| Profit after taxes | € -101,738 | € 170,557 | € 167,802 | € -21,869 | ▼ € 189,671 |
| Equity | € 1,371,081 | € 1,541,638 | € 1,709,441 | € 1,687,572 | ▼ 1% |
| Total debts | € 3,508,705 | € 3,247,068 | € 4,024,964 | € 4,653,993 | ▲ 16% |
| Cash | € 366,508 | € 349,486 | € 646,657 | € 369,203 | ▼ 43% |
| Land & buildings | € 4,584,985 | € 4,383,080 | € 4,127,659 | € 3,938,991 | ▼ 5% |
| Retained profit | € 996,081 | € 1,166,638 | € 1,334,441 | € 1,312,572 | ▼ 2% |
| Bank debt | € 3,294,650 | € 3,083,258 | € 2,869,910 | € 2,654,651 | ▼ 8% |
| Balance sheet total | € 5,644,036 | € 5,510,575 | € 6,398,982 | € 6,972,412 | ▲ 9% |
Key figures of NINOVE REAL ESTATE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NINOVE REAL ESTATE?
What happened at NINOVE REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 21,869 (▼ € 189,671 vs 2023). Source: NBB ↗
- New establishment in Merelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,738 loss in 2021 to € 21,869 loss in 2024.
Paid € 40,643 in corporate taxes since 2021.
Best year ever: 2022, with € 170,557 profit.
A new publication or filing at NINOVE REAL ESTATE? 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 NINOVE REAL ESTATE is Marc Peeters. It owns 50% of Vega and 50% of Galver itself.
Directors
According to the 2024 annual accounts
Marc Peeters
Manager
Also active at: ACQUIMMO, LUXUS INTERIEUR, PETROL INVESTMENT GROUP, YELLOW ROSE
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 1A
9820 Merelbeke
Guldensporenpark 1 box A
9820 Merelbeke
Active since 4 August 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.426.681
- VAT number
- BE 0875.426.681
- Registered office
- Guldensporenpark 1A, 9820 Merelbeke
- Names & denominations
- NINOVE REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2005
- Peppol
- Not registered