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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TRANS EUROPEAN PROPERTIES IV FREE from Sint-Martens-Latem, company number BE0891904805, closed financial year 2025 with a result of € -15,440 after tax. For that financial year TRANS EUROPEAN PROPERTIES IV FREE recorded a gross margin of € -15,502 and equity of € 2 million. Compared with financial year 2024, the result moved from € -4,527 to € -15,440. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 2 million
▲ € 2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,440
▼ 241 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,444
▲ € 5,482 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,167 | € -4,072 | € -4,563 | € -15,502 | ▼ € 10,938 |
| Profit after taxes | € -5,734 | € -3,705 | € -4,527 | € -15,440 | ▼ € 10,913 |
| Equity | € 52,511 | € 48,806 | € 44,279 | € 1,996,397 | ▲ € 2 million |
| Total debts | € 4,964 | € 0 | € 962 | € 391,396 | ▲ € 390,434 |
| Cash | € 352 | € 17 | € 99 | € 31 | ▼ 69% |
| Retained profit | € -9,489 | € -13,194 | € -17,721 | € 1,875,860 | ▲ € 1.9 million |
| Balance sheet total | € 57,475 | € 48,806 | € 45,241 | € 2,387,793 | ▲ € 2.3 million |
Key figures of TRANS EUROPEAN PROPERTIES IV FREE, 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 TRANS EUROPEAN PROPERTIES IV FREE?
What happened at TRANS EUROPEAN PROPERTIES IV FREE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,440. filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Mylecke NV became a director. NBB
- Stephanie Danneels became a director. NBB
- Marie Danneels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,734 loss in 2022 to € 15,440 loss in 2025.
Management
The stake of MYLECKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRANS EUROPEAN PROPERTIES IV FREEBehind TRANS EUROPEAN PROPERTIES IV FREE are Mylecke NV, Stephanie Danneels and Marie Danneels. The shares are held by MYLECKE (88.7%).
Directors
According to the 2025 annual accounts
Managing director · represented by Danneels Hendrik
Also active at: Life Tree Estate, Life Tree Properties, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL, NIEUWPOORTS PARKEREN, SEA COAST CONSTRUCTION +8 more
since 2019
since 2019
since 2019
Shareholders
88.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 48 box 10
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0891.904.805
- VAT number
- BE 0891.904.805
- Registered office
- Kortrijksesteenweg 48 bus 10, 9830 Sint-Martens-Latem
- Names & denominations
- TRANS EUROPEAN PROPERTIES IV FREE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2007
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected] 092771700
- Activities · NACE
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