Active · per the CBE, 16 September 2026

AREA REAL ESTATE

BE0888078946

Rechtspersoon Public limited company 1 establishment

AREA REAL ESTATE is an estate agency in Ukkel. Public Limited, started on 20 March 2007, 1 establishment.

Waterloosesteenweg I-J 1359 box 4, 1180 Ukkel

Active for

19 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

AREA REAL ESTATE from Ukkel, company number BE0888078946, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year AREA REAL ESTATE recorded a gross margin of € -375,190 and equity of € 3.2 million. Compared with financial year 2024, the result moved from € -4.1 million to € -1.2 million. 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 23, 2026.

What it is worth Healthy

€ 3.2 million

▼ 26% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.2 million

▲ 72 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.2 million

▼ 4% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -13.3 million.

People and assets in 2025

Full-time equivalents

3.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 291,947

▲ 3% vs 2024

€ 94,200 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.

Vehicles and equipment

€ 17,754

▼ 46% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 57 years to go

€ 11.2 million

▲ 9% vs 2024

€ 21,411 is repaid this year. At this pace the long-term loan is gone in ≈ 57 years.

Owed to suppliers

€ 704,971

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 31,545

▼ 26% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 3,138,013 € -535,477 € -372,331 € -375,190 ▼ € 2,859
Profit after taxes € 18,939 € -1,916,875 € -4,086,067 € -1,151,558 ▲ € 2.9 million
Equity € 10,393,799 € 8,476,924 € 4,390,858 € 3,239,300 ▼ 26%
Total debts € 6,411,650 € 14,196,214 € 13,533,026 € 13,961,326 ▲ 3%
Cash € 1,082,254 € 1,156,877 € 2,296,587 € 2,207,365 ▼ 4%
Retained profit € -6,106,201 € -8,023,076 € -12,109,142 € -13,260,700 ▼ € 1.2 million
Bank debt € 2,503,169 € 10,326,705 € 10,306,720 € 11,196,779 ▲ 9%
Balance sheet total € 16,805,449 € 22,673,138 € 17,923,883 € 17,200,626 ▼ 4%
Employees (FTE) 3 3 3.1 3.1

Key figures of AREA 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 31 July 2027.

What happened to AREA REAL ESTATE?

What happened at AREA REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Charles DE PAUW stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
  • Charles DE PAUW became a director. NBB
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 18,939 profit in 2022 to € 1.2 million loss in 2025.

Paid € 140,460 in corporate taxes since 2022.

Best year ever: 2022, with € 18,939 profit.

On average € 1 million of value added per employee in 2022.

Management

It owns 100% of Immo Lilas, 100% of IMMO VLEURGAT98, 100% of LES JARDINS DU VERT CHASSEUR and 100% of LE VERT CHASSEUR itself.

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Directors

According to the 2025 annual accounts

Charles DE PAUW

Managing director

Also active at: LE VERT CHASSEUR, IMMO VLEURGAT 98, IMMO-LILAS, IMMOBILIERE SQUARE DU BOIS DE LA CAMBRE

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Waterloosesteenweg I-J 1359 box 4

1180 Ukkel

2.162.858.191

Louizalaan 375

1050 Brussel

Active since 20 March 2007

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0888.078.946
VAT number
BE 0888.078.946
Registered office
Waterloosesteenweg I-J 1359 bus 4, 1180 Ukkel
Names & denominations
AREA REAL ESTATE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
20 March 2007
Peppol
Active · Active since 8 Sept 2025
Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Handel in eigen onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Frequently asked questions

What does AREA REAL ESTATE do?
AREA REAL ESTATE is an estate agency in Ukkel. Public Limited, started on 20 March 2007, 1 establishment.
What is the address of AREA REAL ESTATE?
The registered office of AREA REAL ESTATE is located at Waterloosesteenweg I-J 1359 box 4, 1180 Ukkel.
Is AREA REAL ESTATE still active?
Yes. According to the CBE (16 September 2026) AREA REAL ESTATE is active, legal situation “Normale toestand”, started on 20 March 2007.
Is AREA REAL ESTATE registered on Peppol?
Yes, AREA REAL ESTATE is registered on the Peppol network with ID 0208:0888078946.
What is the enterprise number of AREA REAL ESTATE?
The enterprise number of AREA REAL ESTATE is BE0888078946.
When was AREA REAL ESTATE founded?
AREA REAL ESTATE was founded on 20 March 2007.