IDEPLUS
ActiveSummary
IDEPLUS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €282,771. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 64% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Real estate agency activities
NACE 68310Other business support services NACE 82990
1 site
Size
≈ €1.3mturnover 2025, estimated
- Staff
- 3.4 FTE
- Equity
- €2.3m
- Profit
- €282,771
Turnover estimated from the gross margin
Structure
- Holdings
- 1
- Frank De PalmenaerManaging director
- ArgonautenDirector · permanent representative DE PALMENAER,Alexander Jan
2025 accounts filed 9 days late2 of 6 deeds summarised
Why 88raises riskLiquidity: current ratio 1.04, cash €913, halvedlowers riskFounded in 1992Legal form: public limited companyEquity €2.3m (47.5% of total assets)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency
73+16
equity 47.5% of total assets
Liquidity
28-4
short-term debt 45.6% · cash 0.0%
Profitability
56+11
return on assets 5.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.3%▲ +0.1 percentage points vs 11-2024
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.6%▲ +0.2 percentage points vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 0.3%▼ -0.4 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.3%▲ +0.1 percentage points vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%▲ +0.3 percentage points vs 01-2026
03-2026: 0.2%▼ -0.5 percentage points vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.47 in 2024, below the usual 1.5; short-term debt: 45.6% and cash: 0% of total assets), and 52.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 62% on solvency, 21% on liquidity, 46% on profitability and 70% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 9 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
9 days late
2024
28 days late
2023
27 days late
2022
206 days late
2021
571 days late
2020
59 days late
2019
41 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 134 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 February (4 of the last 5 filed years within 178 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end28-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2019 to 2025net €282,771 ▲121%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (9 days) Filed on 9 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035871.
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
≈ €1.3m
Estimated: probably between €1.1m and €1.8m
Total assets
€4.8m▼ 24.1%
2024 · €6.4m
Net result
€282,771▲ 121%
2024 · €127,937
Working capital
€96,853▼ 92.1%
2024 · €1.2m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 14% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.5m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.8m
2025
Equity€2.3m
2025
Debt€2.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency47.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.04
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.4
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.03m-€0.3m▲ 923%€0.2m▼ 39.1%€0.3m▲ 47.0%€0.4m▲ 52.2%€0.4m▼ 9.3%€0.5m▲ 13.6%
Net result-€0.3m-€0.2mabove the sector's middle half€0.1mabove the sector's middle half▼ 39.3%-€0.1mbelow the sector's middle half€0.1mabove the sector's middle half€0.1mabove the sector's middle half▼ 11.9%€0.3mabove the sector's middle half▲ 121%
Equity€1.6m-€1.8mabove the sector's middle half▲ 13.5%€1.9mabove the sector's middle half▲ 7.2%€1.7mabove the sector's middle half▼ 7.9%€1.9mabove the sector's middle half▲ 8.8%€2.0mabove the sector's middle half▲ 6.8%€2.3mabove the sector's middle half▲ 14.0%
Total assets€6.3m-€6.1mabove the sector's middle half▼ 4.4%€5.6mabove the sector's middle half▼ 7.1%€4.8mwithin the sector's middle half▼ 15.4%€5.1mabove the sector's middle half▲ 7.4%€6.4mabove the sector's middle half▲ 24.8%€4.8mabove the sector's middle half▼ 24.1%
Debt€4.7m-€4.2m▼ 10.3%€3.7m▼ 13.1%€3.0m▼ 19.4%€3.2m▲ 7.1%€4.3m▲ 36.0%€2.4m▼ 43.8%
Working capital€2.4m-€2.0mabove the sector's middle half▼ 15.9%€2.0mabove the sector's middle half▲ 0.6%€1.6mabove the sector's middle half▼ 19.6%€1.6mabove the sector's middle half▼ 2.9%€1.2mabove the sector's middle half▼ 23.0%€0.1mwithin the sector's middle half▼ 92.1%
Solvency24.5%-29.1%within the sector's middle half▲ 4.6pp33.6%within the sector's middle half▲ 4.5pp36.5%within the sector's middle half▲ 3.0pp37.0%within the sector's middle half▲ 0.5pp31.7%within the sector's middle half▼ 5.4pp47.5%within the sector's middle half▲ 15.9pp
Current ratio2.71-2.14within the sector's middle half▼ 0.572.30within the sector's middle half▲ 0.152.27within the sector's middle half▼ 0.032.08within the sector's middle half▼ 0.191.47within the sector's middle half▼ 0.611.04within the sector's middle half▼ 0.42
Return on assets (ROA)-4.1%-3.5%within the sector's middle half▲ 7.6pp2.3%within the sector's middle half▼ 1.2pp-3.1%below the sector's middle half▼ 5.4pp2.8%within the sector's middle half▲ 6.0pp2.0%within the sector's middle half▼ 0.8pp5.8%above the sector's middle half▲ 3.8pp
Staff (FTE)2.7-3.4within the sector's middle half▲ 25.9%6.8above the sector's middle half▲ 100%3.5within the sector's middle half▼ 48.5%3.9above the sector's middle half▲ 11.4%5above the sector's middle half▲ 28.2%3.4above the sector's middle half▼ 32.0%
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets
€2.5m =
Current assets
€2.3m ▼ 40.0%
Equity and liabilities €4.8m
Equity
€2.3m ▲ 14.0%
Provisions
€112,635 ▲ 176%
Debt
€2.4m ▼ 43.8%
Debt's share of the balance-sheet total falls from 67.7% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€640,898▼
2024 · €738,575
Cash flow
€460,339▲
2024 · €458,599
Debt to equity
1.05▼
2024 · 2.14
ROE
12.3%▲
2024 · 6.3%
Interest coverage
3.57▲
2024 · 2.89
Debt ≤ 1 year
€2.2m▼
2024 · €2.6m
Debt > 1 year
€35,432▼
2024 · €1.5m
Income taxes
€98,336▲
2024 · €50,797
Staff costs
€121,909▼
2024 · €234,348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €0.03m | - | - | €0.08m | €0.2m | ▲ 89.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | €0.08m | - |
| Other operating charges640/8 | - | - | €0.1m | €0.1m | €0.08m | €0.09m | €0.1m | ▲ 35.4% |
| Gross operating margin9900 | €0.8m | €0.8m | €0.9m | €0.8m | €1.0m | €1.1m | €1.1m | ▼ 2.5% |
| Operating profit (loss)9901 | €0.03m | €0.3m | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 13.6% |
| Financial income75/76B | - | - | €0.01m | €0.03m | €11 | €0.02m | €0.09m | ▲ 300% |
| Recurring financial income75 | €0.05m | €0.03m | €0.01m | €0.03m | €11 | €0.02m | €0.03m | ▲ 48.0% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.06m | - |
| Financial charges65/66B | - | - | €0.09m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 29.9% |
| Recurring financial charges65 | €0.3m | €0.06m | €0.09m | €0.08m | €0.3m | €0.3m | €0.2m | ▼ 29.9% |
| Non-recurring financial charges66B | - | - | - | €0.3m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.3m | €0.3m | €0.1m | -€0.1m | €0.2m | €0.2m | €0.4m | ▲ 115% |
| Transfer from deferred taxes780 | - | - | €0.004m | €0.004m | €0.003m | €0.003m | €0.003m | = |
| Income taxes67/77 | €0.001m | €0.09m | €0.001m | €0.05m | €0.05m | €0.05m | €0.1m | ▲ 93.6% |
| Profit (loss) for the period9904 | -€0.3m | €0.2m | €0.1m | -€0.1m | €0.1m | €0.1m | €0.3m | ▲ 121% |
| Transfer from tax-exempt reserves789 | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Profit (loss) for the period to be appropriated9905 | -€0.3m | €0.2m | €0.1m | -€0.1m | €0.2m | €0.1m | €0.3m | ▲ 113% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.3m | €6.1m | €5.6m | €4.8m | €5.1m | €6.4m | €4.8m | ▼ 24.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €2.5m | €2.3m | €2.0m | €1.8m | €2.1m | €2.5m | €2.5m | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.5m | €2.3m | €2.0m | €1.8m | €2.0m | €2.3m | €2.3m | ▲ 2.2% |
| Land and buildings22 | - | - | €2.0m | €1.8m | €2.0m | €1.8m | €2.3m | ▲ 30.8% |
| Plant, machinery and equipment23 | - | - | €0.002m | €0.001m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €0.001m | €0.001m | €0.001m | ▼ 28.0% |
| Other tangible fixed assets26 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Assets under construction and advance payments27 | - | - | - | - | €0.02m | €0.5m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.005m | €0.005m | €0.005m | €0.04m | €0.04m | €0.3m | €0.2m | ▼ 18.1% |
| Current assets29/58 | €3.8m | €3.8m | €3.6m | €2.9m | €3.1m | €3.8m | €2.3m | ▼ 40.0% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.0m | €1.9m | €1.7m | €0.8m | €0.7m | €1.3m | €0.7m | ▼ 45.8% |
| Trade receivables40 | - | - | €0.1m | €0.2m | €0.3m | €0.2m | €0.1m | ▼ 57.7% |
| Other amounts receivable41 | - | - | €1.6m | €0.6m | €0.3m | €1.1m | €0.6m | ▼ 43.3% |
| Current investments50/53 | €1.8m | €1.9m | €1.9m | €2.1m | €2.3m | €2.4m | €1.6m | ▼ 34.7% |
| Cash at bank and in hand54/58 | €0.02m | €0.009m | €0.008m | €0.01m | €0.05m | €0.07m | €0.001m | ▼ 98.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.03m | €0.02m | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.3m | €6.1m | €5.6m | €4.8m | €5.1m | €6.4m | €4.8m | ▼ 24.1% |
| Equity10/15 | €1.6m | €1.8m | €1.9m | €1.7m | €1.9m | €2.0m | €2.3m | ▲ 14.0% |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Capital10 | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Non-distributable reserves130/1 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Legal reserve130 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Tax-exempt reserves132 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 7.7% |
| Profit (loss) carried forward14 | €0.7m | €1.0m | €1.1m | €0.9m | €1.1m | €1.2m | €1.5m | ▲ 23.6% |
| Provisions and deferred taxes16 | €0.07m | €0.06m | €0.06m | €0.06m | €0.04m | €0.04m | €0.1m | ▲ 176% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | €0.08m | - |
| Major repairs and maintenance162 | - | - | - | - | - | - | €0.08m | - |
| Deferred taxes168 | - | - | €0.06m | €0.06m | €0.04m | €0.04m | €0.04m | ▼ 7.7% |
| Amounts payable17/49 | €4.7m | €4.2m | €3.7m | €3.0m | €3.2m | €4.3m | €2.4m | ▼ 43.8% |
| Amounts payable after more than one year17 | €3.3m | €2.5m | €1.9m | €1.5m | €1.5m | €1.5m | €0.04m | ▼ 97.7% |
| Financial debts170/4 | - | - | €1.9m | €1.5m | €1.5m | €1.5m | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | ▲ 68.8% |
| Amounts payable within one year42/48 | €1.4m | €1.8m | €1.6m | €1.3m | €1.5m | €2.6m | €2.2m | ▼ 15.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0.6m | €0.4m | - | €1.8m | €1.2m | ▼ 31.4% |
| Financial debts43 | - | - | - | - | - | - | €0.2m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €0.2m | - |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.4m | €0.9m | €0.3m | €0.4m | ▲ 41.7% |
| Suppliers440/4 | - | - | €0.2m | €0.4m | €0.9m | €0.3m | €0.4m | ▲ 41.7% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.1m | €0.3m | €0.1m | €0.2m | ▲ 27.2% |
| Taxes450/3 | - | - | €0.1m | €0.1m | €0.3m | €0.1m | €0.2m | ▲ 27.2% |
| Remuneration and social security454/9 | - | - | €0.03m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €0.6m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 62.5% |
| Accrued charges and deferred income492/3 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€260,215 | €209,147 | €126,999 | -€148,715 | €145,270 | €127,937 | €282,771 | ▲ 121% |
| + Depreciation and write-downs630 | €317,173 | €262,449 | €270,767 | €272,578 | €301,982 | €330,662 | €177,568 | ▼ 46.3% |
| Operating cash flow (approximation) | €56,958 | €471,596 | €397,766 | €123,863 | €447,252 | €458,599 | €460,339 | ▲ 0.4% |
| Investment in fixed assets (approximation) | - | €0 | -€21,483 | -€81,132 | -€517,273 | -€819,315 | -€177,480 | ▲ 78.3% |
| Change in cash | - | -€7,208 | -€994 | €4,593 | €33,603 | €20,114 | -€65,815 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 09-02-2026 | 2026-00035871 |
| 30-06-2024 | abbreviated format | 28-02-2025 | 2025-00043399 |
| 30-06-2023 | abbreviated format | 27-02-2024 | 2024-00036622 |
| 30-06-2022 | abbreviated format | 25-08-2023 | 2023-00353245 |
| 30-06-2021 | abbreviated format | 25-08-2023 | 2023-00352353 |
| 30-06-2020 | abbreviated format | 31-03-2021 | 2021-09200546 |
| 30-06-2019 | abbreviated format | 12-03-2020 | 2020-06500124 |
| 30-06-2018 | abbreviated format | 11-06-2019 | 2019-17800384 |
| 30-06-2017 | abbreviated format | 13-06-2018 | 2018-18300236 |
| 30-06-2016 | abbreviated format | 22-09-2017 | 2017-61800527 |
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Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €8,115 awarded · €8,115 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,791 | €2,791 |
| 2024 | 1 | €5,324 | €5,324 |
Schemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2025
Board 2
Frank De Palmenaer
CurrentDirector · since 31-10-2021
Argonauten
CurrentDirector · since 28-01-2025 · Private limited company · permanent representative: DE PALMENAER,Alexander Jan
Day-to-day management 1
Frank De Palmenaer
CurrentManaging director · since 07-08-2024
Permanent representatives 1
DE PALMENAER,Alexander Jan
CurrentPermanent representative · since 28-01-2025 · for Argonauten
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2021, 2 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Frank De Palmenaer |
|
| Argonauten |
|
| Alexander De Palmenaer |
|
The directors' other companies
2 current directors with another company that went bankrupt, was dissolved or struck off
1 other company of this director was struck off by the FPS Economy (2026).
- SKOUKY'S PROPERTIES struck off on 05-08-2026Official Gazettemandate since 2024
1 other company of this director was struck off by the FPS Economy (2026).
- SKOUKY'S PROPERTIES struck off on 05-08-2026Official Gazettemandate since 2024
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it. Only boards we have read from the Gazette; other companies may still be missing.
Owners and capital
Capital and shareholders
Capital over the years
- 28-01-2025 Capital stated in the deed · €600,000 · 1,250 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
4.58%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
12 connected companiesThis company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
2B Construct
via Frank De Palmenaer · Director
→
BINERGY MEER
via Frank De Palmenaer · Director
→
GEOSONDA
via Frank De Palmenaer · Statutory director
→
RIMECO
via Frank De Palmenaer · Director
→
Show 8 more companies with a shared director
SIPRESS
via Frank De Palmenaer · Director
→
SKOUKY'S PROPERTIES
via Frank De Palmenaer · Director
→
TRANSLAB ENVIRONMENTAL CONSULT
via Frank De Palmenaer · Managing director
→
Demey INFRAbureau
via Frank De Palmenaer · Director
former→
ENERGY TO ZERO CONSULT
via Frank De Palmenaer · Director
former→
FRAPAL
via Frank De Palmenaer · Director
former→
STUDIE- EN EXPERTISEBUREAU DE PALMENAER
via Frank De Palmenaer · Permanent representative
former→
Studiebureau voor wegen- en Bouwkunde - Ontwerpen
Shared director
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 9 days late
2025
30-06
Financial
Highest result from 2019 to 2025net €282,771 ▲121%
Operating result €463,329, net result €282,771, both a record.
28-02
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 28 days late
28-01
Gazette deed
Resignation: DE PALMENAER,Alexander Jan (director)Appointment: BV Argonauten (director) · Permanent representative: DE PALMENAER,Alexander Jan · Reappointment: DE PALMENAER,Frank Jacques Marie (director)9 facts ▸
Gazette deed
Resignation: DE PALMENAER,Alexander Jan (director)
Appointment: BV Argonauten (director) · Permanent representative: DE PALMENAER,Alexander Jan · Reappointment: DE PALMENAER,Frank Jacques Marie (director)9 facts ▸
- General meeting, 23-12-2024
- Amendment of the articles (2 times)
- Capital, €600,000
- Director resignation, DE PALMENAER,Alexander Jan
- Director appointment, BV Argonauten (director)
- Permanent representative, DE PALMENAER,Alexander Jan
- Director reappointment, DE PALMENAER,Frank Jacques Marie (director)
- Registered office clause, “9051 Gent,Derbystraat 357” (deed in Dutch)
- Board meeting, “benoeming gedelegeerd-bestuurder, raad van bestuur” (deed in Dutch)
2024
07-08
Gazette deed
Appointments: Frank De Palmenaer (director) and Alexander De Palmenaer (director)6 facts ▸
Gazette deed
Appointments: Frank De Palmenaer (director) and Alexander De Palmenaer (director)
6 facts ▸
- General meeting, 31-01-2024
- Director appointment, Frank De Palmenaer (director)
- Director appointment, Alexander De Palmenaer (director)
- Other provision, “bevestiging en bekrachtiging bestuursdaden, 2021-10-31 tot 2024-01-31” (deed in Dutch)
- Board meeting, 31-01-2024
- Director appointment, Frank De Palmenaer (managing director)
30-06
Financial
Equity above €2mequity €2.0m ▲6.8%
2 profitable years in a row build equity to €2.0m.
27-02
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 27 days late
2023
25-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 206 days late
25-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 571 days late
30-06
Financial
Back to profitnet €145,270
Net result €145,270 after one loss-making year.
2021
31-03
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format · 59 days late
2020
30-06
Financial
Back to profitnet €209,147
Net result €209,147 after one loss-making year.
Show earlier events
12-03
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format · 41 days late
2019
11-06
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 131 days late
2018
13-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format · 133 days late
2017
22-09
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 234 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Register details
Identification
Legal formPublic limited company
Founded30-03-1992
Financial year end30-06
Abbreviation NL
ID+
Activities, NACEBEL 2025
68310Real estate agency activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446988965
Also
9925:BE0446988965
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
5493005DM5SEQGQ0C404
Environmental permits
8 applications in Flanders since 2019 · 3 granted · 1 refused · 1 under review
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Hoogstammige bomen vellen die geen deel uitmaken van een bos; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1992
Ground area
3,829 m²
Building footprint
1,307 m²
Building volume
24,890 m³
Parcel 44062A0266/00P002, Flanders · tallest building 31.7 m. Linked by address, not a title deed.
1 establishment unit
IDEPLUS NV
since 1992unit no. 2.056.993.579
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44062A0266/00P002 | Flanders | 3,829 m² | 1 · 1,307 m² | 31.7 m · 6 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IDEPLUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, enkel besluit bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 18. Vertegenwoordiging van de vennootschap De vennootschap wordt ten overstaan van derden, voor het gerecht en in de akten, met…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Minimum aantal door wet voorgeschreven, 2” (deed in Dutch)“6 jaar, algemene vergadering” (deed in Dutch)“Ontslag bestuurder, kan zelf nodige doen om beëindiging aan derden tegen te werpen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Aandelen op naam, uitsluitend inschrijving in register van aandelen op naam” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer vereffenaars, bestuursorgaan in functie als college van vereffenaars bij gebrek aan benoeming” (deed in Dutch)“Alle verrichtingen in wet vermeld tenzij algemene vergadering anders besluit bij gewone meerderheid” (deed in Dutch)“Netto-actief in geld of effecten naar verhouding aantal aandelen,goederen in natura zelfde wijze, na aanzuivering schulden,lasten,kosten of…” (deed in Dutch)