What does R. ESTATE do?

R. ESTATE is a property company in Stekene. Private Limited, started on 2 July 2007, 1 establishment.

What is the address of R. ESTATE?

The registered office of R. ESTATE is located at Kemzekestraat(KEM) 1, 9190 Stekene.

Is R. ESTATE still active?

Yes. According to the CBE (29 October 2026) R. ESTATE is active, legal situation “Normale toestand”, started on 2 July 2007.

Is R. ESTATE registered on Peppol?

Yes, R. ESTATE is registered on the Peppol network with ID 0208:0890488011.

What is the enterprise number of R. ESTATE?

The enterprise number of R. ESTATE is BE0890488011.

When was R. ESTATE founded?

R. ESTATE was founded on 2 July 2007.

Is R. ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 July 2007; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did R. ESTATE make in 2025?

R. ESTATE recorded a loss after taxes of € 82,223 in financial year 2025.

What is the revenue of R. ESTATE?

As a small company, R. ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -11,190.

R. ESTATE (Private Limited) - Stekene - BE0890488011

Q: Who are the directors of R. ESTATE?

According to the 2025 annual accounts, the directors of R. ESTATE are: De Cnodder Tinne, Herwig Verstraeten, Karel De Bondt, Janpieter Verstraeten, Mieke Verstraeten, Hermine Kegels.

Dossier R. ESTATE, printed on 29 October 2026 from databakkes.be/en/0890488011/r-estate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

R. ESTATE from Stekene, company number BE0890488011, closed financial year 2025 with a result of € -82,223 after tax. For that financial year R. ESTATE recorded a gross margin of € -11,190 and equity of € -123,939. Compared with financial year 2024, the result moved from € -21,047 to € -82,223. The company made a loss. 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 May 5, 2026.

What it is worth Caution

€ -123,939

▼ € 82,223 vs 2024

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

Loss Caution

€ -82,223

▼ 291 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 159,798

▼ 48% 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 € -142,539.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 130,534

▼ 9% vs 2024

€ 12,660 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 377

▼ € 250,540 vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 66,485 Gross margin 2022: € 66,485 First fiscal year in the series	€ -2,705 Gross margin 2023: € -2,705 ▼ € 69,191 vs 2022 (€ 66,485) Unfavourable step	€ -8,211 Gross margin 2024: € -8,211 ▼ € 5,506 vs 2023 (€ -2,705) Unfavourable step	€ -11,190 Gross margin 2025: € -11,190 ▼ € 2,979 vs 2024 (€ -8,211) Unfavourable step	▼ € 2,979
Profit after taxes	€ 52,390 Profit after taxes 2022: € 52,390 First fiscal year in the series	€ -16,852 Profit after taxes 2023: € -16,852 ▼ € 69,242 vs 2022 (€ 52,390) Unfavourable step	€ -21,047 Profit after taxes 2024: € -21,047 ▼ € 4,195 vs 2023 (€ -16,852) Unfavourable step	€ -82,223 Profit after taxes 2025: € -82,223 ▼ € 61,177 vs 2024 (€ -21,047) Unfavourable step	▼ € 61,177
Equity	€ -3,816 Equity 2022: € -3,816 First fiscal year in the series	€ -20,668 Equity 2023: € -20,668 ▼ € 16,852 vs 2022 (€ -3,816) Unfavourable step	€ -41,715 Equity 2024: € -41,715 ▼ € 21,047 vs 2023 (€ -20,668) Unfavourable step	€ -123,939 Equity 2025: € -123,939 ▼ € 82,223 vs 2024 (€ -41,715) Unfavourable step	▼ € 82,223
Total debts	€ 440,794 Total debts 2022: € 440,794 First fiscal year in the series	€ 429,520 Total debts 2023: € 429,520 ▼ 3% vs 2022 (€ 440,794) Favourable step	€ 967,756 Total debts 2024: € 967,756 ▲ 125% vs 2023 (€ 429,520) Unfavourable step	€ 2,541,903 Total debts 2025: € 2,541,903 ▲ 163% vs 2024 (€ 967,756) Unfavourable step	▲ 163%
Cash	€ 129,915 Cash 2022: € 129,915 First fiscal year in the series	€ 109,824 Cash 2023: € 109,824 ▼ 15% vs 2022 (€ 129,915) Unfavourable step	€ 309,430 Cash 2024: € 309,430 ▲ 182% vs 2023 (€ 109,824) Favourable step	€ 159,798 Cash 2025: € 159,798 ▼ 48% vs 2024 (€ 309,430) Unfavourable step	▼ 48%
Land & buildings	€ 306,840 Land & buildings 2022: € 306,840 First fiscal year in the series	€ 298,425 Land & buildings 2023: € 298,425 ▼ 3% vs 2022 (€ 306,840) Unchanged	€ 605,183 Land & buildings 2024: € 605,183 ▲ 103% vs 2023 (€ 298,425) Unchanged	€ 2,135,216 Land & buildings 2025: € 2,135,216 ▲ 253% vs 2024 (€ 605,183) Unchanged	▲ 253%
Retained profit	€ -22,416 Retained profit 2022: € -22,416 First fiscal year in the series	€ -39,268 Retained profit 2023: € -39,268 ▼ € 16,852 vs 2022 (€ -22,416) Unfavourable step	€ -60,315 Retained profit 2024: € -60,315 ▼ € 21,047 vs 2023 (€ -39,268) Unfavourable step	€ -142,539 Retained profit 2025: € -142,539 ▼ € 82,223 vs 2024 (€ -60,315) Unfavourable step	▼ € 82,223
Bank debt	€ 167,417 Bank debt 2022: € 167,417 First fiscal year in the series	€ 155,302 Bank debt 2023: € 155,302 ▼ 7% vs 2022 (€ 167,417) Favourable step	€ 143,009 Bank debt 2024: € 143,009 ▼ 8% vs 2023 (€ 155,302) Favourable step	€ 130,534 Bank debt 2025: € 130,534 ▼ 9% vs 2024 (€ 143,009) Favourable step	▼ 9%
Balance sheet total	€ 436,978 Balance sheet total 2022: € 436,978 First fiscal year in the series	€ 408,851 Balance sheet total 2023: € 408,851 ▼ 6% vs 2022 (€ 436,978) Unchanged	€ 926,040 Balance sheet total 2024: € 926,040 ▲ 126% vs 2023 (€ 408,851) Unchanged	€ 2,417,964 Balance sheet total 2025: € 2,417,964 ▲ 161% vs 2024 (€ 926,040) Unchanged	▲ 161%

Key figures of R. 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 April 2027.

What happened to R. ESTATE?

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

May 5, 2026 New annual accounts for financial year 2025: loss of € 82,223. filed late Source: NBB ↗
2023 De Cnodder Tinne became a director. NBB
2023 Herwig Verstraeten became a director. NBB
2023 Karel De Bondt became a director. NBB
2023 Janpieter Verstraeten became a director. NBB
2023 Mieke Verstraeten became a director. NBB
2023 Hermine Kegels became a director. NBB
Jul 9, 2007 New establishment in Stekene. KBO

In short

From € 52,390 profit in 2022 to € 82,223 loss in 2025.

Best year ever: 2022, with € 52,390 profit.

Original PDFs at the National Bank ↗

Management

Helix 33%

The stake of Helix comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

R. ESTATE

QUERCUS MANAGEMENT 100%

Behind R. ESTATE are De Cnodder Tinne, Herwig Verstraeten, Karel De Bondt, Janpieter Verstraeten, Mieke Verstraeten and Hermine Kegels. The shares are held by Helix (33%). It owns 100% of QUERCUS MANAGEMENT itself.

Directors

According to the 2025 annual accounts

De Cnodder Tinne

Director

since 2023

Herwig Verstraeten

Director

since 2023

Karel De Bondt

Director

Also active at: Group induver, DEHON & Associés, MERCES, GROUP CLAEYS-DELAEY, SCHUEREMANS VM, Companions, ICC Holding, Group Induver Advisory Services +6 more

since 2023

Janpieter Verstraeten

Director

since 2023

Mieke Verstraeten

Director

Also active at: Group induver, MERCES, SCHUEREMANS VM, ICC Holding, Induver Brussel, Formica, Sudor

since 2023

Hermine Kegels

Director

since 2023

Shareholders

Helix

33%

Participations

QUERCUS MANAGEMENT

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Kemzekestraat(KEM) 1

9190 Stekene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Helix same network

€ 597,387 gross margin · 2023

Formica same network

€ 127,214 gross margin · 2025

Sudor same network

€ 11,749 gross margin · 2025

SjaBie

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

Details

Company number: 0890.488.011
VAT number: BE 0890.488.011
Registered office: Kemzekestraat(KEM) 1, 9190 Stekene
Names & denominations: R. ESTATE
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 2 July 2007
Peppol: Active · Active since 7 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

R. ESTATE

Warning lights

Financials

What happened to R. ESTATE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions