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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
RODE REAL ESTATE from Sint-Gillis (bij-Brussel), company number BE0898787647, closed financial year 2025 with a result of € -44,382 after tax. For that financial year RODE REAL ESTATE recorded a gross margin of € -14,851 and equity of € -627,921. Compared with financial year 2024, the result moved from € 106,932 to € -44,382. 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 April 27, 2026.
€ -627,921
▼ € 44,382 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,382
▼ still € 106,932 profit in 2024
Profit after tax over the fiscal year.
€ 593
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -959,921.
Debts at end 2025
€ 2.4 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 10,915
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,381 | € -18,463 | € 127,444 | € -14,851 | ▼ € 142,295 |
| Profit after taxes | € -26,046 | € -37,694 | € 106,932 | € -44,382 | ▼ € 151,314 |
| Equity | € -652,777 | € -690,471 | € -583,539 | € -627,921 | ▼ € 44,382 |
| Total debts | € 2,442,541 | € 2,485,963 | € 2,455,478 | € 2,533,962 | ▲ 3% |
| Cash | € 7,871 | € 149 | € 4,298 | € 593 | ▼ 86% |
| Land & buildings | € 1,781,415 | € 1,795,163 | € 1,867,115 | € 1,904,912 | ▲ 2% |
| Retained profit | € -984,777 | € -1,022,471 | € -915,539 | € -959,921 | ▼ € 44,382 |
| Bank debt | € 2,367,000 | € 2,394,300 | € 2,361,700 | € 2,440,000 | ▲ 3% |
| Balance sheet total | € 1,789,764 | € 1,795,492 | € 1,871,939 | € 1,906,041 | ▲ 2% |
Key figures of RODE 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 RODE REAL ESTATE?
What happened at RODE REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,382 (▼ € 151,314 vs 2024). Source: NBB ↗
- Lucien NATAF became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
- BELSORG SA became a director. NBB
In short
From € 26,047 loss in 2022 to € 44,382 loss in 2025.
Best year ever: 2024, with € 106,932 profit.
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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
Behind RODE REAL ESTATE are BELSORG SA and Lucien NATAF. The shares are held by BELSORG SA (50%).
Directors
According to the 2025 annual accounts
Director · represented by Antoinette FREDEAU-GROSMAN
since 2008
Lucien NATAF
Director
since 2020
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marcel Broodthaersplein 8/2
1060 Sint-Gillis (bij-Brussel)
Marcel Broodthaersplein 8 box 2
1060 Sint-Gillis (bij-Brussel)
Active since 1 July 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0898.787.647
- VAT number
- BE 0898.787.647
- Registered office
- Marcel Broodthaersplein 8/2, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- RODE REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2008
- Peppol
- Not registered