Immo SDJ (0845.494.362): financials and annual accounts

Immo SDJ

Bruges ·KBO/BCE: BE 0845.494.362

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
Total assets`20/58`	3.2m	3.2m	3.3m	3.4m	3.5m	3.0m	3.1m	2.7m	2.8m	2.8m	2.8m	797,579
Fixed assets`21/28`	2.4m	2.5m	2.6m	2.7m	2.9m	3.0m	3.1m	2.6m	2.7m	2.8m	2.8m	677,032
Tangible fixed assets`22/27`	2.4m	2.5m	2.6m	2.7m	2.9m	3.0m	3.1m	2.6m	2.7m	2.8m	2.8m	672,032
Land and buildings`22`	2.4m	2.5m	2.6m	2.7m	2.8m	2.9m	3.0m	2.5m	2.7m	2.8m	2.8m	672,032
Plant, machinery and equipment`23`	12,369	19,607	28,187	36,743	45,300	53,856	62,436	70,500	20,727	23,451	17,696	-
Financial fixed assets`28`	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000
Other financial fixed assets`284/8`	-	-	-	-	-	-	-	-	-	-	5,000	-
Amounts receivable and cash guarantees`285/8`	-	-	-	-	-	-	-	-	-	-	5,000	-
Current assets`29/58`	730,936	700,924	674,071	673,091	593,745	26,367	69,749	69,983	93,209	36,453	19,654	120,547
Amounts receivable within one year`40/41`	685,613	653,990	649,360	608,500	590,000	584	6,942	18,238	10,417	17,085	13,773	99,331
Trade receivables`40`	-	-	-	-	0	584	6,942	18,238	10,417	14,504	10,434	-
Other amounts receivable`41`	685,613	653,990	649,360	608,500	590,000	-	-	-	-	2,581	3,339	99,331
Cash at bank and in hand`54/58`	19,340	18,053	12,018	64,337	3,742	25,783	62,806	51,744	82,791	19,368	2,444	21,215
Deferred charges and accrued income`490/1`	25,983	28,880	12,694	254	3	-	-	-	-	-	3,437	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.2m	3.2m	3.3m	3.4m	3.5m	3.0m	3.1m	2.7m	2.8m	2.8m	2.8m	797,579
Equity`10/15`	2.4m	2.8m	2.8m	2.7m	2.7m	2.7m	2.7m	2.2m	2.2m	2.2m	2.1m	129,084
Contributions`10/11`	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	1.9m	158,000
Issued capital`100`	-	-	-	-	-	-	1.9m	1.9m	1.9m	1.9m	1.9m	160,000
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	2,000	2,000
Revaluation surpluses`12`	399,945	409,973	420,002	430,030	440,058	460,115	460,115	-	-	-	-	-
Reserves`13`	84,964	502,440	426,758	373,636	337,285	303,025	299,798	297,154	272,149	251,260	232,054	-
Non-distributable reserves`130/1`	11,474	11,474	11,474	11,474	11,474	11,474	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	11,474	11,210	9,959	8,915	7,955	-
Reserves not available under the articles`1311`	11,474	11,474	11,474	11,474	11,474	11,474	-	-	-	-	-	-
Distributable reserves`133`	73,490	490,966	415,284	362,162	325,811	291,551	288,324	285,945	262,189	242,345	224,099	-
Profit (loss) carried forward`14`	0	-	-	-	-	-	-	-	-	-	-	-28,916
Amounts payable`17/49`	762,532	412,743	554,383	706,406	763,641	320,814	478,178	487,931	594,861	663,218	676,502	668,494
Amounts payable after more than one year`17`	75,000	225,000	375,000	525,000	675,000	-	-	-	61,345	131,756	198,829	-
Financial debts`170/4`	75,000	225,000	375,000	525,000	675,000	-	-	-	61,345	131,756	198,829	-
Credit institutions`173`	-	-	-	-	-	-	-	-	-	-	198,829	-
Amounts payable within one year`42/48`	687,532	187,743	179,383	181,406	88,641	320,814	475,449	480,308	529,221	526,780	470,063	668,494
Current portion of amounts payable after more than one year`42`	150,000	150,000	145,833	145,833	75,000	-	0	61,346	70,411	67,073	63,860	-
Trade debts`44`	7,502	9,343	7,350	15,965	5,330	45,814	145,100	18,970	13,819	14,715	38,917	3,794
Suppliers`440/4`	7,502	9,343	7,350	15,965	5,330	45,814	145,100	18,970	13,819	14,715	38,917	3,794
Taxes, remuneration and social security`45`	30,030	28,400	26,200	19,608	8,311	-	-	-	-	-	794	-
Taxes`450/3`	30,030	28,400	26,200	19,608	8,311	-	-	-	-	-	794	-
Other amounts payable`47/48`	500,000	-	-	-	0	275,000	330,349	399,992	444,992	444,992	366,492	664,700
Accrued charges and deferred income`492/3`	-	-	-	-	-	0	2,729	7,623	4,294	4,682	7,611	-
Income statement
Operating income`70/76A`	-	-	-	-	-	-	-	-	-	-	121,634	-
Turnover`70`	-	-	-	-	-	-	-	-	-	-	121,634	-
Non-recurring operating income`76A`	-	-	-	-	-	0	93,868	-	-	-	-	-
Gross operating margin`9900`	192,942	187,292	179,202	167,986	143,718	117,476	108,963	152,045	147,820	142,775	-	-7,513
Operating charges`60/66A`	-	-	-	-	-	-	-	-	-	-	115,195	-
Services and other goods`61`	-	-	-	-	-	-	-	-	-	-	32,218	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	107,728	109,198	109,910	110,259	110,347	110,756	100,498	117,023	112,832	106,471	70,144	5,438
Other operating charges`640/8`	128	1,124	1,135	1,040	1,099	868	1,035	1,033	1,031	1,383	12,833	1,282
Operating profit (loss)`9901`	85,086	76,970	68,157	56,686	32,272	5,852	7,430	33,989	33,957	34,921	6,439	-14,233
Financial income`75/76B`	25,972	28,794	12,690	3,083	231	-	0	0	-	-	22,635	30
Recurring financial income`75`	25,972	28,794	12,690	3,083	231	-	0	0	-	-	22,635	30
Income from current assets`751`	-	-	-	-	-	-	-	-	-	-	6,871	-
Other financial income`752/9`	-	-	-	-	-	-	-	-	-	-	15,765	-
Financial charges`65/66B`	8,572	11,714	15,477	18,838	9,988	2,625	4,787	8,983	13,068	16,629	38,773	14,712
Recurring financial charges`65`	8,572	11,714	15,477	18,838	9,988	2,625	4,787	8,983	13,068	16,629	38,773	14,712
Debt charges`650`	-	-	-	-	-	-	-	-	-	-	38,203	-
Other financial charges`652/9`	-	-	-	-	-	-	-	-	-	-	570	-
Profit (loss) for the period before taxes`9903`	102,487	94,051	65,370	40,931	22,514	3,227	2,644	25,006	20,888	18,292	-9,698	-28,916
Income taxes`67/77`	29,992	28,397	22,276	14,608	8,311	-	-	-	-	-915	915	-
Taxes`670/3`	-	-	-	-	-	-	-	-	-	-	915	-
Profit (loss) for the period`9904`	72,496	65,654	43,093	26,322	14,203	3,227	2,644	25,006	20,888	19,206	-10,613	-28,916
Profit (loss) for the period to be appropriated`9905`	72,496	65,654	43,093	26,322	14,203	3,227	2,644	25,006	20,888	19,206	-10,613	-28,916
Appropriation of the result
Profit (loss) to be appropriated`9906`	72,496	65,654	43,093	26,322	14,203	3,227	2,644	25,006	20,888	19,206	-39,528	-28,916
Transfer from equity`791/2`	500,000	-	-	-	-	-	-	-	-	-	39,528	-
From reserves`792`	-	-	-	-	-	-	-	-	-	-	39,528	-
Transfer to equity`691/2`	72,496	65,654	43,093	26,322	14,203	3,227	2,644	25,006	20,888	19,206	-	-
To the legal reserve`6920`	-	-	-	-	-	3,227	264	1,250	1,044	960	-	-
To other reserves`6921`	72,496	65,654	43,093	26,322	14,203	0	2,380	23,755	19,844	18,246	-	-
Profit to be distributed`694/7`	500,000	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	500,000	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	0	0	0	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00503274	PDF
31-12-2024	abbreviated format	24-09-2025	2025-00501707	PDF
31-12-2023	abbreviated format	16-07-2024	2024-00258972	PDF
31-12-2022	abbreviated format	03-07-2023	2023-00206914	PDF
31-12-2021	abbreviated format	21-06-2022	2022-20082946	PDF
31-12-2020	abbreviated format	28-07-2021	2021-42900029	PDF
31-12-2019	abbreviated format	17-09-2020	2020-53600526	PDF
31-12-2018	abbreviated format	21-06-2019	2019-21300156	PDF
31-12-2017	abbreviated format	26-06-2018	2018-24800417	PDF
31-12-2016	abbreviated format	14-07-2017	2017-31600465	PDF
31-12-2015	full format	08-07-2016	2016-30900115	PDF
31-03-2014	abbreviated format	05-06-2014	2014-17000050	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
EBITDA	192,814	186,168	178,067	166,946	142,619	116,608	107,928	151,012	146,789	141,392	76,583	-8,795
Cash flow	180,223	174,852	153,004	136,582	124,550	113,983	103,142	142,029	133,720	125,677	59,531	-23,478
Investment in fixed assets (approximation)	0	6,360	0	0	0	0	553,738	58,325	8,608	97,594	2.7m	682,470
Change in cash	1,287	6,036	-52,319	60,595	-22,042	-37,023	11,062	-31,047	63,423	16,924	-18,771	-
Working capital	43,404	513,181	494,689	491,685	505,104	-294,447	-405,700	-410,325	-436,013	-490,327	-450,409	-547,948
EBIT margin	-	-	-	-	-	-	-	-	-	-	5.3%	-
Solvency	75.8%	87.2%	83.3%	79.3%	77.9%	89.3%	84.8%	81.9%	78.6%	76.5%	76.0%	16.2%
Current ratio	1.06	3.73	3.76	3.71	6.70	0.08	0.15	0.15	0.18	0.07	0.04	0.18
Debt to equity	0.32	0.15	0.20	0.26	0.28	0.12	0.18	0.22	0.27	0.31	0.32	5.18
ROE	3.0%	2.3%	1.6%	1.0%	0.5%	0.1%	0.1%	1.1%	1.0%	0.9%	-0.5%	-22.4%
ROA	2.3%	2.0%	1.3%	0.8%	0.4%	0.1%	0.1%	0.9%	0.8%	0.7%	-0.4%	-3.6%
Interest coverage	22.49	15.89	11.51	8.86	14.28	-	-	-	-	-	2.00	-
Customer credit	-	-	-	-	-	-	-	-	-	-	31 days	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	441 days	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€225,000	€375,000	€520,833	€670,833	€750,000
Mortgages, amount registered	€775,000	€775,000	€775,000	€750,000	-
Mortgage mandates	-	-	-	-	€775,000
Carrying value of the mortgaged assets	€2.4m	€2.5m	€2.6m	€2.7m	€2.8m

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€6,360	-	-	-
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€107,728	€109,198	€109,910	€110,259	€110,347

Immo SDJ

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency75.8%

Current ratio1.06

Return on assets2.3%

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2015

Securities and guarantees

Investments

Insights on Immo SDJ

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