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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
UNITED PROPERTIES from Knokke-Heist, company number BE0887651552, closed financial year 2025 with a result of € 85,289 after tax. For that financial year UNITED PROPERTIES recorded a gross margin of € 86,658 and equity of € -1.4 million. Compared with financial year 2024, the result moved from € -328,112 to € 85,289. Profitable, and profit is growing. 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 September 30, 2026.
€ -1.4 million
▲ € 85,289 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,289
▲ still € 328,112 loss in 2024
Profit after tax over the fiscal year.
€ 1,247
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.5 million.
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 | € -5,433 | € -6,800 | € -20,066 | € 86,658 | ▲ € 106,724 |
| Profit after taxes | € -12,368 | € -20,813 | € -328,112 | € 85,289 | ▲ € 413,401 |
| Equity | € -1,103,542 | € -1,124,356 | € -1,452,468 | € -1,367,179 | ▲ € 85,289 |
| Total debts | € 1,674,466 | € 1,691,410 | € 1,492,078 | € 1,368,782 | ▼ 8% |
| Cash | € 3,870 | - | - | € 1,247 | |
| Retained profit | € -1,203,542 | € -1,224,356 | € -1,552,468 | € -1,467,179 | ▲ € 85,289 |
| Bank debt | € 369,571 | € 351,183 | € 125,000 | € 0 | ▼ 100% |
| Balance sheet total | € 570,924 | € 567,054 | € 39,611 | € 1,603 | ▼ 96% |
Key figures of UNITED PROPERTIES, 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 UNITED PROPERTIES?
What happened at UNITED PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALEXANDER DE GROOT stepped down as director. NBB
- Yves Marcel R De Bakker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 85,289. filed late Source: NBB ↗
- ALEXANDER DE GROOT became a director. NBB
- Yves Marcel R De Bakker became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,368 loss in 2022 to € 85,289 profit in 2025.
Best year ever: 2025, with € 85,289 profit.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Yves Marcel R De Bakker
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Vlaamspad 10
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0887.651.552
- VAT number
- BE 0887.651.552
- Registered office
- Vlaamspad 10, 8300 Knokke-Heist
- Names & denominations
- UNITED PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2007
- Peppol
- Active · Active since 25 Jan 2026