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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Busy address KBO
97 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
REI Belgium Gent from Etterbeek, company number BE0896733722, closed financial year 2025 with a result of € 938,229 after tax. For that financial year REI Belgium Gent recorded a gross margin of € 2.8 million and equity of € 31 million. Compared with financial year 2024, the result moved from € 891,857 to € 938,229. Profitable, and profit is growing. 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 July 31, 2026.
€ 31 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 938,229
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 11.5 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 679,621
▲ € 600,232 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,206
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,020,701 | € 2,102,404 | € 2,684,185 | € 2,794,918 | ▲ 4% |
| Profit after taxes | € 412,634 | € 489,364 | € 891,857 | € 938,229 | ▲ 5% |
| Equity | € 30,648,852 | € 31,138,216 | € 31,030,073 | € 30,968,303 | |
| Total debts | € 16,235,736 | € 14,494,427 | € 13,612,809 | € 13,672,618 | |
| Cash | € 1,101,863 | € 1,038,754 | € 1,721,263 | € 1,689,826 | ▼ 2% |
| Land & buildings | € 43,972,881 | € 42,989,961 | € 42,007,041 | € 41,048,538 | ▼ 2% |
| Retained profit | € 385,852 | € 875,216 | € 767,073 | € 705,303 | ▼ 8% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 1,000,000 | |
| Bank debt | € 15,531,617 | € 13,768,391 | € 11,997,000 | € 11,497,000 | ▼ 4% |
| Balance sheet total | € 46,884,588 | € 45,632,643 | € 44,642,883 | € 44,640,921 |
Key figures of REI Belgium Gent, 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 REI Belgium Gent?
What happened at REI Belgium Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wail Kodoud stepped down as director. NBB
- Victor Kerremans stepped down as director. NBB
- ARDEF BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 938,229 (▲ 5% vs 2024). Source: NBB ↗
- Victor Kerremans became a director. NBB
- Wail Kodoud became a director. NBB
- ARDEF BV became a director. NBB
- New establishment in Etterbeek. KBO
In short
From € 412,634 profit in 2022 to € 938,229 profit in 2025.
Paid € 932,075 in corporate taxes since 2022.
Best year ever: 2025, with € 938,229 profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at REI Belgium Gent? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by REI Investement Belgium I B.V., Besloten vennootschap naar Nederlands Recht (100%).
Directors
According to the 2025 annual accounts
Director · represented by Arthur De Four
Also active at: CBRE Investment Management Belgium, REI Belgium Fonsny, Europe Logistics Partners Mechelen, Europe Logistics Partners Liège I, REI BELGIUM PUURS, BAMBUS, Europe Logistics Partners Willebroek II, Shopping Rive Gauche +12 more
since 2022 · until 2028
Wail Kodoud
Director
since 2024 · until 2030
since 2025 · until 2030
Shareholders
REI Investement Belgium I B.V., Besloten vennootschap naar Nederlands Recht
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Belliardstraat 40 box 6
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 97 companies are registered at this address.
All companies at this address →ASSOCIATION EUROPEENNE DU CHARBON ET DU LIGNITE
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€ 2.7 million gross margin · 2025
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CBRE Investment Management Belgium same network
€ 4.2 million revenue · 2025
Plastics Europe
+92 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.733.722
- VAT number
- BE 0896.733.722
- Registered office
- Belliardstraat 40 bus 6, 1040 Etterbeek
- Names & denominations
- REI Belgium Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2008
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van niet-residentiële bouwprojecten
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