Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
URBAN REAL ESTATE from Hasselt, company number BE0881675560, closed financial year 2025 with a result of € 442,891 after tax. For that financial year URBAN REAL ESTATE recorded a gross margin of € 1.2 million and equity of € 894,641. Compared with financial year 2024, the result moved from € 270,931 to € 442,891. Profitable, and profit is growing. 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 January 30, 2026.
€ 894,641
▲ 98% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 442,891
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 394,968
▼ 73% 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 € 876,041.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 69,415
▲ 3% vs 2024
€ 69,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,696
▲ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 1.8 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 420,807
▲ 147% vs 2024
Taxes, VAT and social contributions still to pay.
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 | € 316,886 | € 387,127 | € 779,302 | € 1,197,298 | ▲ 54% |
| Profit after taxes | € 65,997 | € 114,053 | € 270,931 | € 442,891 | ▲ 63% |
| Equity | € 66,766 | € 180,819 | € 451,750 | € 894,641 | ▲ 98% |
| Total debts | € 10,575,126 | € 5,294,532 | € 12,127,097 | € 19,450,141 | ▲ 60% |
| Cash | € 2,909,517 | € 2,038,428 | € 1,436,676 | € 394,968 | ▼ 73% |
| Retained profit | € 48,166 | € 162,219 | € 433,150 | € 876,041 | ▲ 102% |
| Bank debt | € 1,367,000 | € 1,107,750 | € 3,809,640 | € 3,563,757 | ▼ 6% |
| Balance sheet total | € 10,641,893 | € 5,475,351 | € 12,612,347 | € 20,378,282 | ▲ 62% |
| Employees (FTE) | - | 0.9 | 1 | 1 |
Key figures of URBAN REAL ESTATE, 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 URBAN REAL ESTATE?
What happened at URBAN REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 442,891 (▲ 63% vs 2024). Source: NBB ↗
- Ilse Bauwens became a director. NBB
- Herwig Mullens became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,997 profit in 2022 to € 442,891 profit in 2025.
Paid € 333,828 in corporate taxes since 2022.
Best year ever: 2025, with € 442,891 profit.
On average € 1.2 million of value added per employee in 2025.
A new publication or filing at URBAN REAL ESTATE? We notify you, reason included.
Follow URBAN REAL ESTATEDatabakkes 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 URBAN REAL ESTATE are Ilse Bauwens and Herwig Mullens. The same people are also behind SO REAL ESTATE. Herwig Mullens is also behind MURANO, So Real Holding and VIOLET SERVICES.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Luikersteenweg 227
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →So Real Green
€ -2,045 gross margin · 2025
SO REAL ESTATE same network
€ 283,092 gross margin · 2025
So Real Invest
€ 45,517 gross margin · 2025
INKA
RUBON
€ 238,474 gross margin · 2025
+3 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
- 0881.675.560
- VAT number
- BE 0881.675.560
- Registered office
- Luikersteenweg 227, 3500 Hasselt
- Names & denominations
- URBAN REAL ESTATE · URE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2006
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van andere niet-residentiële gebouwen
Algemene bouw van residentiële gebouwen
Handel in eigen onroerend goed