IMMO B
InactiveInactive since 28-05-2026; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
28 d late
2023
26 d late
2022
30 d late
2021
30 d late
2020
27 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€217k▼ 0.1%
2024 · €217k
Total assets
€440k▲ 2.1%
2024 · €431k
Net result
€5k▼ 67.6%
2024 · €17k
Working capital
€74k▲ 124%
2024 · €33k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29k▼ 19.1%€15k▼ 47.4%€19k▲ 26.4%€24k▲ 24.2%€8k▼ 66.4%
Net result€30k▼ 16.9%€15k▼ 49.9%€15k▲ 0.7%€17k▲ 11.2%€5k▼ 67.6%
Equity€217k▼ 34.6%€217k=€217k▼ 0.4%€217k▲ 0.2%€217k▼ 0.1%
Total assets€369k▲ 6.2%€399k▲ 8.3%€409k▲ 2.5%€431k▲ 5.4%€440k▲ 2.1%
Debt€151k▲ 933%€182k▲ 20.1%€193k▲ 5.9%€214k▲ 11.3%€224k▲ 4.3%
Working capital€-48k€-12k▲ 75.2%€7k€33k▲ 383%€74k▲ 124%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €440k
Fixed assets
€155k ▼ 15.7%
Current assets
€285k ▲ 15.4%
Equity and liabilities €440k
Equity
€217k ▼ 0.1%
Debt
€224k ▲ 4.3%
Debt's share of the balance-sheet total rises from 49.7% to 50.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €53k
Cash flow
€34k▼
2024 · €46k
Current ratio
1.35▲
2024 · 1.16
Debt to equity
1.03▲
2024 · 0.99
ROE
2.5%▼
2024 · 7.8%
ROA
1.2%▼
2024 · 3.9%
Interest coverage
815.32▼
2024 · 1948.76
Debt ≤ 1 year
€210k▼
2024 · €214k
Debt > 1 year
€50=
2024 · €50
Income taxes
€2k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €29k | €29k | €29k | €29k | = |
| Other operating charges640/8 | €6k | €7k | €7k | €8k | €5k | ▼ 38.9% |
| Gross operating margin9900 | €64k | €51k | €55k | €60k | €42k | ▼ 31.0% |
| Operating profit (loss)9901 | €29k | €15k | €19k | €24k | €8k | ▼ 66.4% |
| Financial income75/76B | €1k | €1 | - | - | - | - |
| Recurring financial income75 | €1k | €1 | - | - | - | - |
| Financial charges65/66B | €54 | €50 | €54 | €27 | €45 | ▲ 67.7% |
| Recurring financial charges65 | €54 | €50 | €54 | €27 | €45 | ▲ 67.7% |
| Profit (loss) for the period before taxes9903 | €30k | €15k | €19k | €24k | €8k | ▼ 66.5% |
| Income taxes67/77 | - | - | €4k | €7k | €2k | ▼ 63.8% |
| Profit (loss) for the period9904 | €30k | €15k | €15k | €17k | €5k | ▼ 67.6% |
| Profit (loss) for the period to be appropriated9905 | €30k | €15k | €15k | €17k | €5k | ▼ 67.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €369k | €399k | €409k | €431k | €440k | ▲ 2.1% |
| Fixed assets21/28 | €271k | €242k | €213k | €184k | €155k | ▼ 15.7% |
| Tangible fixed assets22/27 | €271k | €242k | €213k | €184k | €155k | ▼ 15.7% |
| Land and buildings22 | €271k | €242k | €213k | €184k | €155k | ▼ 15.7% |
| Current assets29/58 | €98k | €157k | €196k | €247k | €285k | ▲ 15.4% |
| Amounts receivable within one year40/41 | €64k | €146k | €191k | €246k | €280k | ▲ 13.8% |
| Trade receivables40 | €3k | €16k | €8k | €7k | €2k | ▼ 76.9% |
| Other amounts receivable41 | €61k | €130k | €183k | €239k | €279k | ▲ 16.6% |
| Cash at bank and in hand54/58 | €32k | €11k | €5k | €491 | €4k | ▲ 798% |
| Deferred charges and accrued income490/1 | €1k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €369k | €399k | €409k | €431k | €440k | ▲ 2.1% |
| Equity10/15 | €217k | €217k | €217k | €217k | €217k | ▼ 0.1% |
| Contributions10/11 | €65k | €65k | €65k | €65k | €65k | = |
| Capital10 | €65k | €65k | €65k | €65k | €65k | = |
| Issued capital100 | €65k | €65k | €65k | €65k | €65k | = |
| Reserves13 | €152k | €152k | €152k | €152k | €152k | = |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €145k | €145k | €145k | €145k | €145k | = |
| Profit (loss) carried forward14 | €940 | €966 | €101 | €438 | €140 | ▼ 68.1% |
| Amounts payable17/49 | €151k | €182k | €193k | €214k | €224k | ▲ 4.3% |
| Amounts payable after more than one year17 | €50 | €50 | €50 | €50 | €50 | = |
| Other amounts payable178/9 | €50 | €50 | €50 | €50 | €50 | = |
| Amounts payable within one year42/48 | €146k | €169k | €189k | €214k | €210k | ▼ 1.5% |
| Trade debts44 | €726 | €8k | €9k | €10k | €3k | ▼ 72.8% |
| Suppliers440/4 | €726 | €8k | €9k | €10k | €3k | ▼ 72.8% |
| Taxes, remuneration and social security45 | - | - | €4k | €11k | €9k | ▼ 13.2% |
| Taxes450/3 | - | - | €4k | €11k | €9k | ▼ 13.2% |
| Other amounts payable47/48 | €145k | €160k | €176k | €193k | €198k | ▲ 3.0% |
| Accrued charges and deferred income492/3 | €6k | €13k | €4k | €713 | €13k | ▲ 1,755% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €15k | €15k | €17k | €5k | ▼ 67.6% |
| + Depreciation and write-downs630 | €29k | €29k | €29k | €29k | €29k | = |
| Operating cash flow (approximation) | €59k | €44k | €44k | €46k | €34k | ▼ 24.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-21k | €-6k | €-5k | €4k | ▲ 182% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
20-01
State Gazette act
RestructuringMerger · Accounting effect · Ownership9 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Ownership9 facts ▸
- Merger, absorption
- Accounting effect, 01-01-2026
- Ownership, 100%
- Capital, €90.000
- Capital, €65.000
- Shareholding, 2 actions en pleine-propriété, 616 en usufruit
- Shareholding, 2 actions en pleine-propriété, 278 en usufruit
- Shareholding, 2 actions en pleine-propriété, 447 en nue-propriété
- Shareholding, 448 actions en pleine-propriété, 447 en nue-propriété
2025
31-12
Financial
Weakest financial yearnet €5k ▼67.6%
Net result drops to €5k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €36k ▲198%
Operating result €35k, net result €36k, both a record.
31-12
Financial
Liquidity times 23current ratio 38.87
Current ratio from 1.69 to 38.87; short-term debt falls from €107k to €1k.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.70 to 1.69; short-term debt falls from €196k to €107k.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel
Ground area
1.9 ha
Building footprint
631 m²
Volume, LiDAR
19,810 m³
Parcel 21618B0430/00L000, Brussels · tallest building 34.8 m, ±11 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0430/00L000 | Brussels | 1.9 ha | 1 · 631 m² | 34.8 m · 11 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:MAJESTIC INVESTMENTS
Capital and shareholders
Capital over the years
- 20-01-2026 Capital stated in the act · 65,000 EUR
Identification & contact
Identification
Legal formPublic limited company
Founded18-06-1987
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.