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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMELESS REAL ESTATE from Kaprijke, company number BE0890741397, closed financial year 2025 with a result of € -57,154 after tax. For that financial year TIMELESS REAL ESTATE recorded a gross margin of € -15,139 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -45,517 to € -57,154. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 1.2 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,154
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 23,545
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 206,770.
Debts at end 2025
€ 49,000
▼ 42% vs 2024
Loans from banks and other lenders, long and short.
€ 749
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,498 | € -11,083 | € -15,833 | € -15,139 | ▲ € 694 |
| Profit after taxes | € -15,486 | € -17,374 | € -45,517 | € -57,154 | ▼ € 11,636 |
| Equity | € 1,351,815 | € 1,334,441 | € 1,288,924 | € 1,231,770 | ▼ 4% |
| Total debts | € 1,125,783 | € 1,234,797 | € 1,399,208 | € 1,414,532 | ▲ 1% |
| Cash | € 4,797 | € 9,242 | € 50,883 | € 23,545 | ▼ 54% |
| Land & buildings | € 1,189,640 | € 1,276,836 | € 1,354,089 | € 1,339,596 | ▼ 1% |
| Retained profit | € 326,815 | € 309,441 | € 263,924 | € 206,770 | ▼ 22% |
| Bank debt | € 42,000 | € 43,000 | € 85,000 | € 49,000 | ▼ 42% |
| Balance sheet total | € 2,477,598 | € 2,569,238 | € 2,688,132 | € 2,646,302 | ▼ 2% |
Key figures of TIMELESS 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 TIMELESS REAL ESTATE?
What happened at TIMELESS REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Homes & Dreams NV stepped down as director. NBB
- Luxury Residences NV stepped down as director. NBB
- Special properties NV stepped down as director. NBB
- Building & Services team NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 57,154. Source: NBB ↗
- Homes & Dreams NV became a director. NBB
- Luxury Residences NV became a director. NBB
- Special properties NV became a director. NBB
In short
From € 15,486 loss in 2022 to € 57,154 loss in 2025.
Management
The stake of LUXURY RESIDENCES, BUILDING en SERVICE TEAM, HOMES & DREAMS, SPECIAL PROPERTIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMELESS REAL ESTATEThe shares are held by LUXURY RESIDENCES (27.8%), BUILDING en SERVICE TEAM (27.8%), HOMES & DREAMS (27.8%) and SPECIAL PROPERTIES (16.6%).
Directors
According to the 2025 annual accounts
Managing director · represented by Lien De Baets
Also active at: BUILDING en SERVICE TEAM, MDL United, IMMODEVELOPMENT, LUXURY RESIDENCES
since 2025 · until 2031
Managing director · represented by Dave De Baets
Also active at: HOMES & DREAMS, BUILDING en SERVICE TEAM, MDL United, IMMODEVELOPMENT
since 2025 · until 2031
Managing director · represented by Lien De Baets
Also active at: QUALITY IMMOBILIEN, Chazas
since 2025 · until 2031
Managing director · represented by Mike De Baets
Also active at: HOMES & DREAMS, MDL United, IMMODEVELOPMENT, LUXURY RESIDENCES
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moerstraat 37
9970 Kaprijke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0890.741.397
- VAT number
- BE 0890.741.397
- Registered office
- Moerstraat 37, 9970 Kaprijke
- Names & denominations
- TIMELESS REAL ESTATE · T.R.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis