Immo V.D.E.
ActiveSummary
Immo V.D.E. has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116,563 and a net result of €12,154. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▲+8
Solvency95▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.76 in 2023; short-term debt: 17.1% and cash: 24.4% of total assets), and 29.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
44 d early
2022
85 d late
2021
54 d early
2020
18 d late
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,154▲ 1,028%
2023 · €1,078
Working capital
€32,077▲ 43.9%
2023 · €22,286
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
Line20202021202220232024
Operating result€17,199€17,921▲ 4.2%€25,153▲ 40.4%€8,745▼ 65.2%€23,601▲ 170%
Net result€13,760€13,642▼ 0.9%€20,414▲ 49.6%€1,078▼ 94.7%€12,154▲ 1,028%
Equity€69,274▲ 24.8%€82,916▲ 19.7%€103,331▲ 24.6%€104,408▲ 1.0%€116,563▲ 11.6%
Total assets€158,930▼ 3.4%€155,791▼ 2.0%€166,190▲ 6.7%€164,442▼ 1.1%€165,513▲ 0.7%
Debt€89,655▼ 17.8%€72,874▼ 18.7%€62,859▼ 13.7%€60,033▼ 4.5%€48,950▼ 18.5%
Working capital-€904▲ 88.9%€11,000€19,170▲ 74.3%€22,286▲ 16.3%€32,077▲ 43.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 170% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €165,513
Fixed assets
€105,176 ▼ 6.9%
Current assets
€60,337 ▲ 17.2%
Equity and liabilities €165,513
Equity
€116,563 ▲ 11.6%
Debt
€48,950 ▼ 18.5%
Debt's share of the balance-sheet total falls from 36.5% to 29.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,395▲
2023 · €16,173
Cash flow
€19,949▲
2023 · €8,506
Current ratio
2.14▲
2023 · 1.76
Debt to equity
0.42▼
2023 · 0.57
ROE
10.4%▲
2023 · 1.0%
ROA
7.3%▲
2023 · 0.7%
Interest coverage
36.94▲
2023 · 12.26
Debt ≤ 1 year
€28,260▼
2023 · €29,185
Debt > 1 year
€20,000▼
2023 · €30,848
Income taxes
€10,644▲
2023 · €6,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,550 | €12,195 | €7,390 | €7,428 | €7,795 | ▲ 4.9% |
| Other operating charges640/8 | - | €5,933 | €6,091 | €10,181 | €7,933 | ▼ 22.1% |
| Gross operating margin9900 | €40,641 | €36,049 | €38,634 | €26,354 | €39,329 | ▲ 49.2% |
| Operating profit (loss)9901 | €17,199 | €17,921 | €25,153 | €8,745 | €23,601 | ▲ 170% |
| Financial income75/76B | - | €3 | - | €13 | €48 | ▲ 257% |
| Recurring financial income75 | €55 | €3 | - | €13 | €48 | ▲ 257% |
| Financial charges65/66B | - | €2,656 | €1,783 | €1,319 | €850 | ▼ 35.6% |
| Recurring financial charges65 | €3,494 | €2,656 | €1,783 | €1,319 | €850 | ▼ 35.6% |
| Profit (loss) for the period before taxes9903 | €13,760 | €15,268 | €23,370 | €7,439 | €22,799 | ▲ 206% |
| Income taxes67/77 | - | €1,626 | €2,956 | €6,362 | €10,644 | ▲ 67.3% |
| Profit (loss) for the period9904 | €13,760 | €13,642 | €20,414 | €1,078 | €12,154 | ▲ 1,028% |
| Profit (loss) for the period to be appropriated9905 | €13,760 | €13,642 | €20,414 | €1,078 | €12,154 | ▲ 1,028% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,930 | €155,791 | €166,190 | €164,442 | €165,513 | ▲ 0.7% |
| Fixed assets21/28 | €134,461 | €122,266 | €119,238 | €112,970 | €105,176 | ▼ 6.9% |
| Tangible fixed assets22/27 | €134,461 | €122,266 | €119,238 | €112,970 | €105,176 | ▼ 6.9% |
| Land and buildings22 | - | €109,928 | €106,519 | €103,110 | €99,701 | ▼ 3.3% |
| Plant, machinery and equipment23 | - | €12,338 | €12,719 | €8,739 | €4,740 | ▼ 45.8% |
| Furniture and vehicles24 | - | - | - | €1,121 | €735 | ▼ 34.5% |
| Current assets29/58 | €24,468 | €33,524 | €46,952 | €51,472 | €60,337 | ▲ 17.2% |
| Amounts receivable within one year40/41 | €1 | €1 | €9,681 | €13,768 | €12,000 | ▼ 12.8% |
| Trade receivables40 | - | - | €9,680 | - | - | - |
| Other amounts receivable41 | - | €1 | €1 | €13,768 | €12,000 | ▼ 12.8% |
| Current investments50/53 | - | - | - | - | €8,000 | - |
| Cash at bank and in hand54/58 | €24,467 | €33,523 | €37,271 | €37,704 | €40,337 | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,930 | €155,791 | €166,190 | €164,442 | €165,513 | ▲ 0.7% |
| Equity10/15 | €69,274 | €82,916 | €103,331 | €104,408 | €116,563 | ▲ 11.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €18,027 | €18,027 | €18,027 | €18,027 | €29,690 | ▲ 64.7% |
| Non-distributable reserves130/1 | - | €2,099 | €2,099 | €2,099 | €2,761 | ▲ 31.6% |
| Legal reserve130 | - | €2,099 | €2,099 | €2,099 | €2,761 | ▲ 31.6% |
| Tax-exempt reserves132 | - | €928 | €928 | €928 | €928 | = |
| Distributable reserves133 | - | €15,000 | €15,000 | €15,000 | €26,000 | ▲ 73.3% |
| Profit (loss) carried forward14 | -€10,753 | €2,889 | €23,304 | €24,382 | €24,873 | ▲ 2.0% |
| Amounts payable17/49 | €89,655 | €72,874 | €62,859 | €60,033 | €48,950 | ▼ 18.5% |
| Amounts payable after more than one year17 | €64,283 | €50,350 | €35,077 | €30,848 | €20,000 | ▼ 35.2% |
| Financial debts170/4 | - | €31,292 | €21,273 | €10,848 | - | - |
| Other amounts payable178/9 | - | €19,058 | €13,804 | €20,000 | €20,000 | = |
| Amounts payable within one year42/48 | €25,372 | €22,525 | €27,782 | €29,185 | €28,260 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | €22,525 | €18,505 | €10,425 | €10,848 | ▲ 4.1% |
| Trade debts44 | €671 | - | €9,277 | €3,213 | €33 | ▼ 99.0% |
| Suppliers440/4 | - | - | €9,277 | €3,213 | - | - |
| Bills of exchange payable441 | - | - | - | - | €33 | - |
| Taxes, remuneration and social security45 | - | - | - | €475 | €6,525 | ▲ 1,273% |
| Taxes450/3 | - | - | - | €475 | €6,525 | ▲ 1,273% |
| Other amounts payable47/48 | - | - | - | €15,072 | €10,855 | ▼ 28.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €690 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,760 | €13,642 | €20,414 | €1,078 | €12,154 | ▲ 1,028% |
| + Depreciation and write-downs630 | €17,550 | €12,195 | €7,390 | €7,428 | €7,795 | ▲ 4.9% |
| Operating cash flow (approximation) | €31,310 | €25,837 | €27,805 | €8,506 | €19,949 | ▲ 135% |
| Investment in fixed assets (approximation) | - | €0 | -€4,362 | -€1,160 | €0 | ▲ 100% |
| Change in cash | - | €9,056 | €3,747 | €433 | €2,634 | ▲ 508% |
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
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial
Highest result since 2018net €20,414 ▲49.6%
Operating result €25,153, net result €20,414, both a record.
31-12
Financial
Equity above €100,000Eq €103,331 ▲24.6%
3 profitable years in a row build equity to €103,331.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial
Back to profitnet €13,760
Net result €13,760 after one loss-making year.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2019
31-12
Financial
Weakest financial yearnet -€12,665
Net result drops to -€12,665, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
Ground area
387 m²
Building footprint
107 m²
Volume, LiDAR
993 m³
Parcel 21819C0094/00A003, Brussels · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IMMO V.D.E.
since 19912.050.884.262
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0094/00A003 | Brussels | 387 m² | 1 · 107 m² | 14.7 m · 4 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.
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,907. 5,228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442261008
Also
9925:BE0442261008
Registered
30-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.