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
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Louise Properties Freehold from Kortrijk, company number BE0881654378, closed financial year 2025 with a result of € -11,326 after tax. For that financial year Louise Properties Freehold recorded a gross margin of € -1,558 and equity of € 900,729. Compared with financial year 2024, the result moved from € 274 to € -11,326. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 900,729
▲ € 902,174 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,326
▼ still € 274 profit in 2024
Profit after tax over the fiscal year.
€ 4,787
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -74,271.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,574 | € 1,915 | € 1,915 | € -1,558 | ▼ € 3,473 |
| Profit after taxes | € 361 | € 419 | € 274 | € -11,326 | ▼ € 11,600 |
| Equity | € -2,137 | € -1,719 | € -1,445 | € 900,729 | ▲ € 902,174 |
| Total debts | € 903,642 | € 903,642 | € 904,610 | € 0 | ▼ 100% |
| Cash | € 3,562 | € 5,981 | € 7,223 | € 4,787 | ▼ 34% |
| Land & buildings | € 895,942 | € 895,942 | € 895,942 | € 895,942 | |
| Retained profit | € -63,637 | € -63,219 | € -62,945 | € -74,271 | ▼ € 11,326 |
| Bank debt | € 903,642 | € 903,642 | € 903,642 | € 0 | ▼ 100% |
| Balance sheet total | € 901,504 | € 901,923 | € 903,165 | € 900,729 |
Key figures of Louise Properties Freehold, 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 Louise Properties Freehold?
What happened at Louise Properties Freehold in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel Cammaert stepped down as director. NBB
- Edge of Change bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 11,326 (▼ € 11,600 vs 2024). Source: NBB ↗
- Michel Cammaert became a director. NBB
- Edge of Change bv became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 361 profit in 2022 to € 11,326 loss in 2025.
Best year ever: 2023, with € 419 profit.
Management
The stake of Koramic Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Louise Properties FreeholdThe shares are held by Koramic Real Estate (100%).
Directors
According to the 2025 annual accounts
Michel Cammaert
Director
Also active at: VEDIS, Daphne, Begeleidingscentrum Stappen, IMMO WANSART, CHETOX ONE, FONCIERE CHOCOLATERIE
since 2025 · until 2031
Director · represented by Pieter Blondeel
Also active at: KORAMIC DEVELOPMENT, Koramic Real Estate, SOMIBA, J2P CONSULTING, BUSINESS CENTER LONDERZEEL, BEDRIJVENCENTRUM MALLE, Koramic Renovation Projects, C-Buildings +11 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapel ter Bede(Kor) 84
8500 Kortrijk
Herrmann-Debrouxlaan 40
1160 Oudergem
Active since 23 June 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →KORAMIC DEVELOPMENT PROJECTS same network
€ 24.1 million revenue · 2025
TrustCapital
Koramic Real Estate same network
€ 30.3 million revenue · 2025
KORAMIC INVESTMENTS
€ 3.8 million revenue · 2025
DeliBarn Immo
+21 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
- 0881.654.378
- VAT number
- BE 0881.654.378
- Registered office
- Kapel ter Bede(Kor) 84, 8500 Kortrijk
- Names & denominations
- Louise Properties Freehold
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2006
- Peppol
- Active · Active since 15 Dec 2025