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Immo V.D.E.

Active
Public limited companyfounded 1990active for 35 yearsPagodenlaan 143, 1020 Brussel, BelgiumKBO/BCE: BE 0442.261.008
Summary

Immo V.D.E. has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,032 and a net result of €12,469. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 84% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
≈ €84,000turnover 2025, estimated
Equity
€129,032
Profit
€12,469
Turnover estimated from the gross margin
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 45 days early2 of 7 deeds summarised
Why 97lowers riskFounded in 1990Liquidity: current ratio 3.77, cash €23,930Equity €129,032 (79.1% of total assets)Figures for financial year 2025 (filed 16-06-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 79.1% of total assets
Liquidity 68-8
short-term debt 8.2% · cash 14.7%
Profitability 78=
return on assets 7.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,627 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.77, compared with 2.14 in 2024, above the usual 1.5; short-term debt: 8.2% and cash: 14.7% of total assets), and 20.9% 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 91% on solvency, 79% on liquidity, 75% on profitability and 67% on growth.

The bankruptcy probability was computed on 30-10-2026 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 riskneutral
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.77, cash €23,930
NBB · annual accounts
lowers risk · Equity €129,032 (79.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 16-06-2026)
NBB · annual accounts
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
16 days early
2023
44 days early
2022
85 days late
2021
54 days early
2020
18 days late
2019
108 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 7 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Reappointments: VANDER ELST Tanguy Alain Philippe…Permanent representative: MARCHAL Rita Suzanne…

Financials · financial year 2025, abbreviated format

Turnover
≈ €84,000
Estimated: probably between €58,000 and €140,000
EBIT margin
Not included in this filing
Net result
€12,469▲ 2.6%
2024 · €12,154
Working capital
€37,136▲ 15.8%
2024 · €32,077
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 4% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€22,769 2025 Net result€12,469 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€5,178--€7,151€17,199€17,921▲ 4.2%€25,153▲ 40.4%€8,745▼ 65.2%€23,601▲ 170%€22,769▼ 3.5%
Net result€252--€12,665€13,760within the sector's middle half€13,642within the sector's middle half▼ 0.9%€20,414within the sector's middle half▲ 49.6%€1,078within the sector's middle half▼ 94.7%€12,154within the sector's middle half▲ 11×€12,469within the sector's middle half▲ 2.6%
Equity€68,180-€55,515▼ 18.6%€69,274within the sector's middle half▲ 24.8%€82,916within the sector's middle half▲ 19.7%€103,331within the sector's middle half▲ 24.6%€104,408within the sector's middle half▲ 1.0%€116,563within the sector's middle half▲ 11.6%€129,032within the sector's middle half▲ 10.7%
Total assets€187,828-€164,557▼ 12.4%€158,930below the sector's middle half▼ 3.4%€155,791within the sector's middle half▼ 2.0%€166,190within the sector's middle half▲ 6.7%€164,442within the sector's middle half▼ 1.1%€165,513within the sector's middle half▲ 0.7%€163,164below the sector's middle half▼ 1.4%
Debt€119,648-€109,043▼ 8.9%€89,655▼ 17.8%€72,874▼ 18.7%€62,859▼ 13.7%€60,033▼ 4.5%€48,950▼ 18.5%€34,132▼ 30.3%
Working capital-€3,087--€8,166▼ 165%-€904within the sector's middle half▲ 88.9%€11,000within the sector's middle half€19,170within the sector's middle half▲ 74.3%€22,286within the sector's middle half▲ 16.3%€32,077within the sector's middle half▲ 43.9%€37,136within the sector's middle half▲ 15.8%
Solvency36.3%-33.7%▼ 2.6pp43.6%within the sector's middle half▲ 9.9pp53.2%within the sector's middle half▲ 9.6pp62.2%within the sector's middle half▲ 9.0pp63.5%within the sector's middle half▲ 1.3pp70.4%above the sector's middle half▲ 6.9pp79.1%above the sector's middle half▲ 8.7pp
Current ratio0.84-0.61▼ 0.240.96within the sector's middle half▲ 0.361.49within the sector's middle half▲ 0.521.69within the sector's middle half▲ 0.201.76within the sector's middle half▲ 0.072.14within the sector's middle half▲ 0.373.77above the sector's middle half▲ 1.63
Return on assets (ROA)0.1%--7.7%▼ 7.8pp8.7%above the sector's middle half▲ 16.4pp8.8%above the sector's middle half▲ 0.1pp12.3%above the sector's middle half▲ 3.5pp0.7%within the sector's middle half▼ 11.6pp7.3%within the sector's middle half▲ 6.7pp7.6%above the sector's middle half▲ 0.3pp
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.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,164
Fixed assets €112,621 ▲ 7.1%
Current assets €50,543 ▼ 16.2%
Equity and liabilities €163,164
Equity €129,032 ▲ 10.7%
Debt €34,132 ▼ 30.3%
Debt's share of the balance-sheet total falls from 29.6% to 20.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,747▼
2024 · €31,395
Cash flow
€19,446▼
2024 · €19,949
Debt to equity
0.26▼
2024 · 0.42
ROE
9.7%▼
2024 · 10.4%
Interest coverage
12.61▼
2024 · 36.94
Debt ≤ 1 year
€13,407▼
2024 · €28,260
Debt > 1 year
€20,000=
2024 · €20,000
Income taxes
€8,069▼
2024 · €10,644
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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 < 0.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€165,513€163,164▼
Fixed assets21/28€105,176€112,621▲
Tangible fixed assets22/27€105,176€112,621▲
Land and buildings22€99,701€96,292▼
Plant, machinery and equipment23€4,740€13,887▲
Furniture and vehicles24€735€2,442▲
Current assets29/58€60,337€50,543▼
Amounts receivable within one year40/41€12,000€18,613▲
Trade receivables40-€10,750
Other amounts receivable41€12,000€7,863▼
Current investments50/53€8,000€8,000=
Cash at bank and in hand54/58€40,337€23,930▼
Equity and liabilities
Total equity and liabilities10/49€165,513€163,164▼
Equity10/15€116,563€129,032▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€29,690€42,122▲
Non-distributable reserves130/1€2,761€3,444▲
Legal reserve130€2,761€3,444▲
Tax-exempt reserves132€928€928=
Distributable reserves133€26,000€37,750▲
Profit (loss) carried forward14€24,873€24,910▲
Amounts payable17/49€48,950€34,132▼
Amounts payable after more than one year17€20,000€20,000=
Other amounts payable178/9€20,000€20,000=
Amounts payable within one year42/48€28,260€13,407▼
Current portion of amounts payable after more than one year42€10,848-
Trade debts44€33€979▲
Suppliers440/4-€979
Bills of exchange payable441€33-
Taxes, remuneration and social security45€6,525€2,039▼
Taxes450/3€6,525€2,039▼
Other amounts payable47/48€10,855€10,389▼
Accrued charges and deferred income492/3€690€725▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,795€6,978▼
Other operating charges640/8€7,933€8,029▲
Gross operating margin9900€39,329€37,776▼
Operating profit (loss)9901€23,601€22,769▼
Financial income75/76B€48€128▲
Recurring financial income75€48€128▲
Financial charges65/66B€850€2,359▲
Recurring financial charges65€850€2,359▲
Profit (loss) for the period before taxes9903€22,799€20,538▼
Income taxes67/77€10,644€8,069▼
Profit (loss) for the period9904€12,154€12,469▲
Profit (loss) for the period to be appropriated9905€12,154€12,469▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,536€37,342▲
Profit (loss) brought forward from the previous period14P€24,382€24,873▲
Transfer to equity691/2€11,663€12,432▲
To the legal reserve6920€663€682▲
To other reserves6921€11,000€11,750▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,317€19,426€17,550€12,195€7,390€7,428€7,795€6,978▼ 10.5%
Other operating charges640/8---€5,933€6,091€10,181€7,933€8,029▲ 1.2%
Gross operating margin9900€36,197€17,746€40,641€36,049€38,634€26,354€39,329€37,776▼ 3.9%
Operating profit (loss)9901€5,178-€7,151€17,199€17,921€25,153€8,745€23,601€22,769▼ 3.5%
Financial income75/76B---€3-€13€48€128▲ 168%
Recurring financial income75--€55€3-€13€48€128▲ 168%
Financial charges65/66B---€2,656€1,783€1,319€850€2,359▲ 178%
Recurring financial charges65€4,926€4,187€3,494€2,656€1,783€1,319€850€2,359▲ 178%
Profit (loss) for the period before taxes9903€252-€11,338€13,760€15,268€23,370€7,439€22,799€20,538▼ 9.9%
Income taxes67/77-€1,328-€1,626€2,956€6,362€10,644€8,069▼ 24.2%
Profit (loss) for the period9904€252-€12,665€13,760€13,642€20,414€1,078€12,154€12,469▲ 2.6%
Profit (loss) for the period to be appropriated9905€252-€12,665€13,760€13,642€20,414€1,078€12,154€12,469▲ 2.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€187,828€164,557€158,930€155,791€166,190€164,442€165,513€163,164▼ 1.4%
Fixed assets21/28€171,437€152,011€134,461€122,266€119,238€112,970€105,176€112,621▲ 7.1%
Tangible fixed assets22/27€171,437€152,011€134,461€122,266€119,238€112,970€105,176€112,621▲ 7.1%
Land and buildings22---€109,928€106,519€103,110€99,701€96,292▼ 3.4%
Plant, machinery and equipment23---€12,338€12,719€8,739€4,740€13,887▲ 193%
Furniture and vehicles24-----€1,121€735€2,442▲ 232%
Current assets29/58€16,391€12,546€24,468€33,524€46,952€51,472€60,337€50,543▼ 16.2%
Amounts receivable within one year40/41€1€1€1€1€9,681€13,768€12,000€18,613▲ 55.1%
Trade receivables40----€9,680--€10,750-
Other amounts receivable41---€1€1€13,768€12,000€7,863▼ 34.5%
Current investments50/53------€8,000€8,000=
Cash at bank and in hand54/58€16,390€12,545€24,467€33,523€37,271€37,704€40,337€23,930▼ 40.7%
Equity and liabilities
Total equity and liabilities10/49€187,828€164,557€158,930€155,791€166,190€164,442€165,513€163,164▼ 1.4%
Equity10/15€68,180€55,515€69,274€82,916€103,331€104,408€116,563€129,032▲ 10.7%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€18,027€18,027€18,027€18,027€18,027€18,027€29,690€42,122▲ 41.9%
Non-distributable reserves130/1---€2,099€2,099€2,099€2,761€3,444▲ 24.7%
Legal reserve130---€2,099€2,099€2,099€2,761€3,444▲ 24.7%
Tax-exempt reserves132---€928€928€928€928€928=
Distributable reserves133---€15,000€15,000€15,000€26,000€37,750▲ 45.2%
Profit (loss) carried forward14-€11,847-€24,512-€10,753€2,889€23,304€24,382€24,873€24,910▲ 0.1%
Amounts payable17/49€119,648€109,043€89,655€72,874€62,859€60,033€48,950€34,132▼ 30.3%
Amounts payable after more than one year17€100,171€88,330€64,283€50,350€35,077€30,848€20,000€20,000=
Financial debts170/4---€31,292€21,273€10,848---
Other amounts payable178/9---€19,058€13,804€20,000€20,000€20,000=
Amounts payable within one year42/48€19,478€20,712€25,372€22,525€27,782€29,185€28,260€13,407▼ 52.6%
Current portion of amounts payable after more than one year42---€22,525€18,505€10,425€10,848--
Trade debts44€1,644€22€671-€9,277€3,213€33€979▲ 30×
Suppliers440/4----€9,277€3,213-€979-
Bills of exchange payable441------€33--
Taxes, remuneration and social security45-----€475€6,525€2,039▼ 68.7%
Taxes450/3-----€475€6,525€2,039▼ 68.7%
Other amounts payable47/48-----€15,072€10,855€10,389▼ 4.3%
Accrued charges and deferred income492/3------€690€725▲ 5.1%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€252-€12,665€13,760€13,642€20,414€1,078€12,154€12,469▲ 2.6%
+ Depreciation and write-downs630€25,317€19,426€17,550€12,195€7,390€7,428€7,795€6,978▼ 10.5%
Operating cash flow (approximation)€25,569€6,761€31,310€25,837€27,805€8,506€19,949€19,446▼ 2.5%
Investment in fixed assets (approximation)-€0€0€0-€4,362-€1,160€0-€14,423-
Change in cash--€3,845€11,922€9,056€3,747€433€2,634-€16,408-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-06-2026 2026-00168501
31-12-2024 micro format 15-07-2025 2025-00270416
31-12-2023 micro format 17-06-2024 2024-00133731
31-12-2022 micro format 24-10-2023 2023-00490794
31-12-2021 micro format 07-06-2022 2022-20051852
31-12-2020 full format 18-08-2021 2021-50400407
31-12-2019 full format 16-11-2020 2020-70700386
31-12-2018 full format 23-06-2019 2019-22100185
31-12-2017 full format 30-07-2018 2018-39900158
31-12-2016 full format 07-06-2017 2017-15800307

Show all 35 filings

Similar companies · same sector, comparable size

Of the 11,697 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,111. 5,359 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
3 directors, 1 in day-to-day management, last change in 2024

Board 3

International Clothing Trade
Director (not named in the articles) · since 15-05-2024 · Private limited company · permanent representative: MARCHAL Rita Suzanne Fernande Maria Digne
Current
Tanguy Vander Elst
Director · since 15-05-2024
Current
ICT
Director · since 03-06-2024 · Legal entity · from a recent deed
Current

Day-to-day management 1

Tanguy Vander Elst
Managing director · since 15-05-2024
Current

Permanent representatives 1

MARCHAL Rita Suzanne Fernande Maria Digne
Permanent representative · since 15-05-2024 · for International Clothing Trade
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
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
5 of this company's 7 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 2024, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
International Clothing Trade
  • Director, from 15-05-2024 to date
Tanguy Vander Elst
  • Director, since before 15-05-2024
  • Managing director, from 15-05-2024 to date
ICTfrom an act
  • Director, from 03-06-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 30-12-2024 Capital stated in the deed · €62,000 · 1,735 shares

Group and network

Connections & network

3 current directors
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Immo V.D.E. was incorporated on 28 November 1990.1 Total assets fell from €187,828 in 2018 to €163,164 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
15-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-12
Gazette deed Reappointments: VANDER ELST Tanguy Alain Philippe José René (director) and INTERNATIONAL CLOTHING TRADE (director)
Permanent representative: MARCHAL Rita Suzanne Fernande Maria Digne · Amendment of the articles · Director discharge10 facts ▸
  • General meeting, 12-12-2024
  • Amendment of the articles (2 times)
  • Director reappointment, VANDER ELST Tanguy Alain Philippe José René
  • Director reappointment, INTERNATIONAL CLOTHING TRADE (director (not named in the articles))
  • Permanent representative, MARCHAL Rita Suzanne Fernande Maria Digne
  • Director discharge, VANDER ELST Tanguy Alain Philippe José René
  • Director discharge, INTERNATIONAL CLOTHING TRADE
  • Registered office clause, “1020 Bruxelles,Avenue des Pagodes 143, Cinquième résolution” (deed in French)
  • Other provision, “unanimité et clôture, prises à unanimité des voix” (deed in French)
  • Capital, €62,000
17-06
NBB filing Annual accounts filed
financial year 2023 · micro format
03-06
Gazette deed Reappointment: Tanguy Vander Elst (director)
Appointments: ICT (director) and Tanguy Vander Elst (managing director) · Permanent representative: Rita Marchal6 facts ▸
  • General meeting, 15-05-2024
  • Director reappointment, Tanguy Vander Elst (director)
  • Director appointment, ICT (director)
  • Permanent representative, Rita Marchal
  • Board meeting, 15-05-2024
  • Director appointment, Tanguy Vander Elst (managing director)
2023
24-10
NBB filing Annual accounts filed
financial year 2022 · micro format · 85 days late
2022
31-12
Financial Highest result from 2018 to 2025net €20,414 ▲49.6%
Operating result €25,153, net result €20,414, both a record.
31-12
Financial Equity above €100,000equity €103,331 ▲24.6%
3 profitable years in a row build equity to €103,331.
07-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
18-08
NBB filing Annual accounts filed
financial year 2020 · full format · 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
financial year 2019 · full format · 108 days late
Show earlier events
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
financial year 2018 · full format
2018
30-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
07-06
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
2 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded28-11-1990
Financial 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

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
387 m²
Building footprint
107 m²
Building volume
993 m³
Parcel 21819C0094/00A003, Brussels · tallest building 14.7 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
IMMO V.D.E.
Pagodenlaan 143, 1020 BrusselRenting and operating of own or leased residential real estate, excluding social housing
since 1991unit no. 2.050.884.262
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21819C0094/00A003 Brussels 387 m² 1 · 107 m² 14.7 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes opérations d’achat,de vente,de location,de gestion,de négociations,de mise en valeur,de transformation d’immeubles bâtis ou non…” (deed in French)
9 activities (deed in French)
  1. Toutes opérations d’achat,de vente,de location,de gestion,de négociations,de mise en valeur,de transformation d’immeubles bâtis ou non bâtis,et de parties d’immeubles ainsi que toutes autres opérations immobilières,y compris les prestations et services qui s’y rattachent directement ou indirectement.
  2. La location de biens mobiliers.
  3. Entreprendre ou faire entreprendre l’étude et la réalisation pratique de tous les problèmes techniques,sociaux,économiques,fiscaux,d’organisation et de comptabilité.
  4. Elle peut effectuer toutes les opérations commerciales,industrielles,financières,mobilières,immobilières se rapportant directement ou indirectement à son objet.
  5. La société peut aussi s'intéresser de quelque manière que ce soit à toutes affaires,entreprises ou sociétés ayant un objet similaire,analogue ou connexe,de nature à supporter ou à développer l’entreprise,pouvant assurer son approvisionnement en matières premières ou de nature à faciliter l’écoulement de ses produits.
  6. Elle dispose,d’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations,commerciales,industrielles,financières,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet.
  7. Elle peut s’intéresser par voie d’association,d’apport,de fusion,d’intervention financière ou autrement dans toutes sociétés,associations,affaires ou entreprises dont l’objet est identique,analogue,similaire ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de contribuer à l’écoulement de ses produits et services.
  8. Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
  9. La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
IMMO V.D.E.
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, tant en Belgique qu'à l'étranger” (deed in French)

deed of 30-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“6 ans, simple notification au conseil” (deed in French)

deed of 30-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, actions” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 30-12-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Comme en matière de modification aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Organe d'administration en fonction agissant le cas échéant en collège de liquidateurs, assemblée générale” (deed in French)
“Toutes opérations prévues par loi sauf décision contraire assemblée à majorité des voix” (deed in French)

deed of 30-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Augmentation et réduction du capital, comme en matière de modification aux statuts” (deed in French)
Other provision: “Appels de fonds, lettre recommandée” (deed in French)
Other provision: “Nature des autres titres, requises par Code des sociétés et des associations” (deed in French)
Other provision: “Droits exercés par le débiteur-gagiste, indivisibilité des actions” (deed in French)
Other provision: “Indiqué en convocation, à défaut siège social, convocation du conseil” (deed in French)
Other provision: “Procès-verbaux du conseil, registre spécial” (deed in French)
Other provision: “Pouvoirs du conseil, tous actes nécessaires ou utiles à l'objet” (deed in French)
Other provision: “Gestion journalière, déterminé par conseil seul ou conjointement” (deed in French)
Other provision: “Admission à l'assemblée générale, inscrit dans registre des nominatifs de sa catégorie” (deed in French)
Other provision: “Représentation à l'assemblée générale, mandataire” (deed in French)
Other provision: “Liste de présences, avant d'entrer en séance” (deed in French)
Other provision: “Composition du bureau, actionnaire désigné par l'assemblée générale en cas d'absence ou empêchement” (deed in French)
Other provision: “Par écrit, toutes décisions relevant du pouvoir de l'assemblée générale” (deed in French)
Other provision: “Assemblée générale électronique, formulaire mis à disposition par conseil” (deed in French)
Other provision: “Droit de vote, actions sans droit de vote selon loi” (deed in French)
Other provision: “Conseil d'administration séance tenante, trois semaines” (deed in French)
Other provision: “Procès-verbaux assemblée générale, liste présences,rapports,procurations,votes par correspondance” (deed in French)
Other provision: “Affectation des bénéfices, assemblée annuelle à majorité sur proposition conseil” (deed in French)
Other provision: “Paiement dividendes et acomptes, conseil d'administration” (deed in French)
Other provision: “Litiges, société,actionnaires,administrateurs,administrateurs délégués,représentants permanents,directeurs,anciens et liquidateurs et entre…” (deed in French)
Other provision: “Élection de domicile et communications, élection domicile Belgique sinon siège” (deed in French)
Other provision: “Application Code sociétés et associations” (deed in French)
6 more provisions in the deed, see the deed of 30-12-2024

deed of 30-12-2024