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IMMODEL

Active
Private limited companyfounded 1968active for 58 yearsRue de l'Ange 21, 5000 Namur, BelgiumKBO/BCE: BE 0401.373.231
Summary

IMMODEL has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417,168 and a net result of €21,525. Equity has been growing by about 4.8% per year since 2018. Its solvency ranks better than 59% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Real estate agency activities NACE 68310and 1 other
Establishment unit
2.005.840.432 5000 Namur, since 01-04-1958
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
  • DELAHAUT PierreDirector · since 29-01-1993
  • Anna Van DyckDirector · since 15-11-2022

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€103,010
▼ 72.5%
Turnover
≈ €180,000
estimated
Profit
€21,525
▼ 88.6%
Equity
€417,168
▼ 3.1%
Total assets
€1.0m
▼ 24.6%
Score breakdownraises riskLiquidity: current ratio 0.92, cash €68,009, halvedProfit of €21,525 (financial year 2025)lowers riskSize: total assets €1.0mFigures for financial year 2025 (filed on 22-06-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 66+9
equity 40.7% of total assets
Liquidity 58=
short-term debt 8.9% · cash 6.6%
Profitability 71-9
return on assets 2.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.8% 01-2025: 1.5%▲ +0.7 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025highest value 04-2025: < 0.1%▼ -1.5 percentage points vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 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%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92 (0.97 in 2024), below 1. Short-term debt is 8.9% and cash 6.6% of total assets. 59.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 57% of them on solvency, 70% on liquidity, 62% on profitability and 37% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92, cash €68,009, halved
NBB · annual accounts
raises risk · Profit of €21,525 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-06-2026)
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
129 days early
2022
52 days early
2021
5 days early
2020
8 days early
2019
35 days late
2018
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 22 June (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 22-06-2026 at the NBB all 48 filings

Turnover
≈ €180,000
Estimated: probably between €150,000 and €280,000
Total assets
€1.0m▼ 24.6%
2024 · €1.4m
Net result
€21,525▼ 88.6%
2024 · €188,828
Working capital
-€6,943▲ 36.5%
2024 · -€10,936
Multi-year overview
2018 to 2025, 7 financial years
Operating result
€38,334
▼ 87.7% 2025
20182025
Net result
€21,525
▼ 88.6% 2025
middle half of the sector
20182025
Equity
€417,168
▼ 3.1% 2025
highest quarter of the sector
20182025
Total assets
€1.0m
▼ 24.6% 2025
highest quarter of the sector
20182025
Debt
€533,897
▼ 37.2% 2025
20182025
Working capital
-€6,943
▲ 36.5% 2025
middle half of the sector
20182025
Solvency
40.7%
▲ 9.0pp 2025
middle half of the sector
20182025
Current ratio
0.92
▼ 0.05 2025
middle half of the sector
20182025
Return on assets (ROA)
2.1%
▼ 11.8pp 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220242025
Operating result€0.05m-€0.04m▼ 28.4%€0.4m▲ 879%€0.02m▼ 94.6%€0.02m▼ 4.8%€0.3m-€0.04m▼ 87.7%
Net result€0.04m-€0.03m▼ 25.9%€0.3mabove the sector's middle half▲ 905%€0.01mwithin the sector's middle half▼ 95.3%€0.003mwithin the sector's middle half▼ 79.5%€0.2mabove the sector's middle half-€0.02mwithin the sector's middle half▼ 88.6%
Equity€0.2m-€0.3m▲ 4.8%€0.5mabove the sector's middle half▲ 100%€0.5mabove the sector's middle half▼ 3.6%€0.5mabove the sector's middle half▼ 1.5%€0.4mabove the sector's middle half-€0.4mabove the sector's middle half▼ 3.1%
Total assets€0.3m-€0.4m▲ 21.7%€0.7mwithin the sector's middle half▲ 78.2%€0.7mwithin the sector's middle half▼ 5.9%€1.3mabove the sector's middle half▲ 83.6%€1.4mabove the sector's middle half-€1.0mabove the sector's middle half▼ 24.6%
Debt€0.1m-€0.2m▲ 64.8%€0.1m▼ 9.2%€0.1m▼ 16.7%€0.7m▲ 487%€0.9m-€0.5m▼ 37.2%
Working capital-€0.02m--€0.05m▼ 107%€0.4mabove the sector's middle half€0.2mabove the sector's middle half▼ 56.1%€0.08mwithin the sector's middle half▼ 56.0%-€0.01mwithin the sector's middle half--€0.007mwithin the sector's middle half▲ 36.5%
Solvency70.7%-60.9%▼ 9.8pp68.5%above the sector's middle half▲ 7.6pp70.1%above the sector's middle half▲ 1.6pp37.6%within the sector's middle half▼ 32.5pp31.7%within the sector's middle half-40.7%within the sector's middle half▲ 9.0pp
Current ratio0.61-0.20▼ 0.416.81above the sector's middle half▲ 6.623.59above the sector's middle half▼ 3.221.17within the sector's middle half▼ 2.420.97within the sector's middle half-0.92within the sector's middle half▼ 0.05
Return on assets (ROA)11.2%-6.8%▼ 4.4pp38.6%above the sector's middle half▲ 31.8pp1.9%within the sector's middle half▼ 36.7pp0.2%within the sector's middle half▼ 1.7pp13.9%above the sector's middle half-2.1%within the sector's middle half▼ 11.8pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 88% lower than in 2024.

Turnover and EBIT margin are not published. The micro 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 €1.0m
Fixed assets €940,253 ▼ 5.4%
Current assets €84,613 ▼ 76.8%
Equity and liabilities €1.0m
Equity €417,168 ▼ 3.1%
Provisions €73,802 ▼ 4.4%
Debt €533,897 ▼ 37.2%
Debt's share of the balance-sheet total falls from 62.6% to 52.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€91,708▼
2024 · €366,566
Cash flow
€74,899▼
2024 · €242,659
Debt to equity
1.28▼
2024 · 1.98
ROE
5.2%▼
2024 · 43.8%
Interest coverage
11.02▲
2024 · 5.28
Debt ≤ 1 year
€91,557▼
2024 · €375,786
Debt > 1 year
€442,341▼
2024 · €474,815
Income taxes
€14,130▼
2024 · €62,587
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item2021202220242025
Mortgages, amount registered-€55,000€27,500€27,500
Mortgage mandates-€2.3m€522,500€522,500
Carrying value of the mortgaged assets-€1.2m€993,627€940,253
Carrying value of the other pledged assets€16,975---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2021202220242025
Tangible fixed assets€219,235€327,321€14,867-
Depreciation and write-downs of the year€34,818€44,255€53,831€53,373

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.0m▼
Fixed assets21/28€1.0m€0.9m▼
Tangible fixed assets22/27€1.0m€0.9m▼
Land and buildings22€1.0m€0.9m▼
Current assets29/58€0.4m€0.08m▼
Amounts receivable within one year40/41€0.2m€0.01m▼
Trade receivables40€0.008m€0.01m▲
Other amounts receivable41€0.2m€1▼
Cash at bank and in hand54/58€0.2m€0.07m▼
Deferred charges and accrued income490/1€0.005m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.0m▼
Equity10/15€0.4m€0.4m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.4m€0.3m▼
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€0.1m€0.1m▼
Profit (loss) carried forward14€0.05m€0.05m▲
Provisions and deferred taxes16€0.08m€0.07m▼
Deferred taxes168€0.08m€0.07m▼
Amounts payable17/49€0.9m€0.5m▼
Amounts payable after more than one year17€0.5m€0.4m▼
Financial debts170/4€0.5m€0.4m▼
Amounts payable within one year42/48€0.4m€0.09m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.01m€0.01m▲
Suppliers440/4€0.01m€0.01m▲
Taxes, remuneration and social security45€0.1m€0.007m▼
Taxes450/3€0.1m€0.007m▼
Other amounts payable47/48€0.2m€0.04m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.05m▼
Other operating charges640/8€0.008m€0.01m▲
Gross operating margin9900€0.4m€0.1m▼
Operating profit (loss)9901€0.3m€0.04m▼
Financial income75/76B€0.005m€0.002m▼
Recurring financial income75€0.005m€0.002m▼
Financial charges65/66B€0.07m€0.008m▼
Recurring financial charges65€0.07m€0.008m▼
Profit (loss) for the period before taxes9903€0.2m€0.03m▼
Transfer from deferred taxes780€0.003m€0.003m=
Income taxes67/77€0.06m€0.01m▼
Profit (loss) for the period9904€0.2m€0.02m▼
Transfer from tax-exempt reserves789€0.01m€0.01m=
Profit (loss) for the period to be appropriated9905€0.2m€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.09m▼
Profit (loss) brought forward from the previous period14P€0.05m€0.05m▲
Transfer from equity791/2€0.04m€0.02m▼
Transfer to equity691/2€0.03m€0.02m▼
To other reserves6921€0.03m€0.02m▼
Profit to be distributed694/7€0.2m€0.04m▼
Return on contributions (dividend)694€0.2m€0.04m▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.

Line2018201920202021202220242025Change
Non-recurring operating income76A----€17,832---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,020€37,770€33,171€34,818€44,255€53,831€53,373▼ 0.9%
Other operating charges640/8---€5,509€6,043€8,384€11,303▲ 34.8%
Gross operating margin9900€88,955€87,514€418,757€60,808€69,789€374,951€103,010▼ 72.5%
Operating profit (loss)9901€54,076€38,732€379,239€20,481€19,491€312,735€38,334▼ 87.7%
Financial income75/76B---€137€1€4,700€2,213▼ 52.9%
Recurring financial income75€61-€235€137€1€4,700€2,213▼ 52.9%
Financial charges65/66B---€3,426€13,726€69,451€8,322▼ 88.0%
Recurring financial charges65€4,600€1,094€2,481€3,426€13,726€69,451€8,322▼ 88.0%
Profit (loss) for the period before taxes9903€49,537€37,638€376,993€17,193€5,766€247,984€32,225▼ 87.0%
Transfer from deferred taxes780---€669€2,345€3,431€3,431=
Income taxes67/77€8,768€10,087€8,183€4,492€5,370€62,587€14,130▼ 77.4%
Profit (loss) for the period9904€38,092€28,220€283,710€13,371€2,740€188,828€21,525▼ 88.6%
Transfer from tax-exempt reserves789---€1,562€6,587€10,292€10,292=
Profit (loss) for the period to be appropriated9905€31,844€29,782€27,965€14,933€9,328€199,120€31,817▼ 84.0%
Line2018201920202021202220242025Change
Assets
Total assets20/58€0.3m€0.4m€0.7m€0.7m€1.3m€1.4m€1.0m▼ 24.6%
Fixed assets21/28€0.3m€0.4m€0.3m€0.4m€0.7m€1.0m€0.9m▼ 5.4%
Tangible fixed assets22/27€0.3m€0.4m€0.3m€0.4m€0.7m€1.0m€0.9m▼ 5.4%
Land and buildings22---€0.4m€0.7m€1.0m€0.9m▼ 5.4%
Furniture and vehicles24---€0.02m€0.001m---
Current assets29/58€0.04m€0.01m€0.5m€0.2m€0.5m€0.4m€0.08m▼ 76.8%
Stocks and contracts in progress3----€0.4m---
Stocks30/36----€0.4m---
Amounts receivable within one year40/41€0.009m€0.006m€0.007m€0.006m€0.02m€0.2m€0.01m▼ 90.8%
Trade receivables40---€0.003m€0.02m€0.008m€0.01m▲ 88.4%
Other amounts receivable41---€0.003m€0.002m€0.2m€1▼ 100.0%
Cash at bank and in hand54/58€0.03m€0.006m€0.5m€0.2m€0.1m€0.2m€0.07m▼ 66.3%
Deferred charges and accrued income490/1---€137-€0.005m€0.002m▼ 55.4%
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.4m€0.7m€0.7m€1.3m€1.4m€1.0m▼ 24.6%
Equity10/15€0.2m€0.3m€0.5m€0.5m€0.5m€0.4m€0.4m▼ 3.1%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.2m€0.2m€0.4m€0.4m€0.4m€0.4m€0.3m▼ 3.9%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132---€0.3m€0.3m€0.2m€0.2m▼ 4.4%
Distributable reserves133---€0.1m€0.1m€0.1m€0.1m▼ 2.9%
Profit (loss) carried forward14€0.07m€0.07m€0.07m€0.07m€0.07m€0.05m€0.05m▲ 0.6%
Provisions and deferred taxes16€0.003m€0.002m€0.09m€0.09m€0.08m€0.08m€0.07m▼ 4.4%
Deferred taxes168---€0.09m€0.08m€0.08m€0.07m▼ 4.4%
Amounts payable17/49€0.1m€0.2m€0.1m€0.1m€0.7m€0.9m€0.5m▼ 37.2%
Amounts payable after more than one year17€0.04m€0.1m€0.08m€0.05m€0.2m€0.5m€0.4m▼ 6.8%
Financial debts170/4---€0.05m€0.04m€0.5m€0.4m▼ 6.8%
Other amounts payable178/9----€0.2m---
Amounts payable within one year42/48€0.06m€0.06m€0.07m€0.07m€0.5m€0.4m€0.09m▼ 75.6%
Current portion of amounts payable after more than one year42---€0.02m€0.3m€0.03m€0.03m▲ 1.5%
Trade debts44€140-€0.001m€0.003m€0.2m€0.01m€0.01m▲ 28.0%
Suppliers440/4---€0.003m€0.2m€0.01m€0.01m▲ 28.0%
Taxes, remuneration and social security45---€0.007m€0.004m€0.1m€0.007m▼ 94.5%
Taxes450/3---€0.007m€0.003m€0.1m€0.007m▼ 94.5%
Remuneration and social security454/9----€0.001m---
Other amounts payable47/48---€0.04m€0.02m€0.2m€0.04m▼ 81.8%
Line2018201920202021202220242025Change
Profit (loss) for the period9904€38,092€28,220€283,710€13,371€2,740€188,828€21,525▼ 88.6%
+ Depreciation and write-downs630€28,020€37,770€33,171€34,818€44,255€53,831€53,373▼ 0.9%
Operating cash flow (approximation)€66,112€65,990€316,882€48,188€46,996€242,659€74,899▼ 69.1%
Investment in fixed assets (approximation)--€135,656€105,234-€219,235-€321,591-€0-
Change in cash--€21,180€460,126-€226,419-€143,670--€133,873-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 14,766 companies had the same profile as IMMODEL has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
96.2% was still going
3.5% stopped otherwise
0.2% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of IMMODEL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for IMMODEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 22-06-2026 2026-00189839 PDF
31-12-2024 micro format 24-03-2025 2025-00053689 PDF
31-12-2022 micro format 09-06-2023 2023-00120400 PDF
31-12-2021 micro format 26-07-2022 2022-20233074 PDF
31-12-2020 micro format 23-07-2021 2021-39100371 PDF
31-12-2019 micro format 04-09-2020 2020-51500325 PDF
31-12-2018 micro format 26-07-2019 2019-40100026 PDF
31-12-2017 micro format 23-07-2018 2018-37100120 PDF
31-12-2016 micro format 25-07-2017 2017-36400031 PDF
31-12-2015 full format 20-07-2016 2016-34100366 PDF

Show all 48 filings

Board & ownership

Directors

Directors
2 directors, last change in 2022
DELAHAUT Pierre
Director · since 29-01-1993 · listed in the 2025 annual accounts, filed on 22-06-2026
Current
Anna Van Dyck
Director · since 15-11-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-06-2026
Current

Owners and capital

Shareholders

Stated in the act act of 01-12-2023 ↗
  • DELAHAUT Pierre Lambert Ernest Ghislain 251 shares
  • VAN DIJCK Anna Maria Francisca 209 shares
  • DELAHAUT François Emile Marie Albert Frans 20 shares
  • DELAHAUT Frédéric Albert Michel 20 shares

Capital transactions

Capital over time
  1. 01-12-2023 Converted to unavailable equity

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DELAHAUT Pierre
  • Director, from 29-01-1993 to date
Anna Van Dyck
  • Director, from 15-11-2022 to date
See the board, name and registered office on a given date →

Articles of association

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Commun accord ou à défaut expert choisi commun accord ou à défaut président Tribunal de l'entreprise du siège siégeant comme en référé à…”

Articles of association, deed of 01-12-2023 (in French)

Network & group

IMMODEL shares no director with another company.

Companies at the same address

1 other company

Connections & network

2 current directors
Depth

The network starts from the directors of IMMODEL. Every other company they run is a node.

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

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
22-06
NBB filing Annual accounts 2025 filedNBB
micro format · 39 days before the deadline
2025
24-03
NBB filing Annual accounts 2024 filedPDF
micro format · 129 days before the deadline
2023
01-12
Gazette deed Legal-form change
Shareholding · Board composition · Capital conversion16 points ▸
  • General meeting, “unanimité des voix, adoption des statuts nouveaux” (deed in French)
  • General meeting, “unanimité des voix, veiller à la coordination des statuts de la Société” (deed in French)
  • Other provision, “autorisations et licences préalables pour exercice de l'objet social, société pourrait devoir se procurer autorisations et licences préalables requises par régl…” (deed in French)
  • General meeting, “ordre du jour épuisé”, 12:15 (deed in French)
  • General meeting, 21-11-2023
  • DELAHAUT Pierre Lambert Ernest Ghislain holds 251 shares
  • VAN DIJCK Anna Maria Francisca holds 209 shares
  • DELAHAUT François Emile Marie Albert Frans holds 20 shares
  • DELAHAUT Frédéric Albert Michel holds 20 shares
  • Other provision, 500, “totalité des actions émises” (deed in French)
  • Other provision, “adapter les statuts aux dispositions du Code des Sociétés et des Associations, adapter le capital au Code des Sociétés et des Associations” (deed in French)
  • Board composition, DELAHAUT Pierre Lambert Ernest Ghislain (director)
  • The act holds 4 more points.

Open the act in the Belgian Official Gazette

09-06
NBB filing Annual accounts 2022 filedPDF
micro format · 52 days before the deadline
2022
31-12
Financial Weakest financial yearnet €2,740 ▼79.5%
The net result drops to €2,740, the lowest from 2018 to 2025. It recovers the following year.
30-11
Gazette deed Appointment: Anna Van Dyck (director)
2 points ▸
  • General meeting, 15-11-2022
  • Director appointment, Anna Van Dyck (director)

Open the act in the Belgian Official Gazette

26-07
NBB filing Annual accounts 2021 filedPDF
micro format · 5 days before the deadline
2021
23-07
NBB filing Annual accounts 2020 filedPDF
micro format · 8 days before the deadline
2020
31-12
Financial Highest result from 2018 to 2025net €283,710 ▲905%
The operating result of €379,239 and the net result of €283,710 are both a record.
31-12
Financial Liquidity more than 34 timescurrent ratio 6.81
The current ratio rises from 0.20 to 6.81.
31-12
Financial Equity above €500,000equity €502,993 ▲100%
With a profit in every financial year since 2018, equity grows to €502,993.
04-09
NBB filing Annual accounts 2019 filedPDF
micro format · 35 days late
Show earlier events
2019
26-07
NBB filing Annual accounts 2018 filedPDF
micro format · 5 days before the deadline
2018
23-07
NBB filing Annual accounts 2017 filedPDF
micro format · 8 days before the deadline
2017
25-07
NBB filing Annual accounts 2016 filedPDF
micro format · 6 days before the deadline
2016
20-07
NBB filing Annual accounts 2015 filedPDF
full format · 11 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 January 1968, IMMODEL was incorporated.1 Total assets went from €338,673 in 2018 to €1.0m in 2025.2

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

Company details

Register details

Identity

KBO record
Name IMMODEL in French
Enterprise number 0401.373.231
Legal form Private limited company
Status Active, normale toestand
Founded 01-01-1968
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 01-12-2023 (in French)

Registered office and establishments

Registered office Rue de l'Ange 21, 5000 Namur, Belgium
Establishment unit Rue de l'Ange 49, 5000 Namur since 01-04-1958 · unit number 2.005.840.4326523

Activities

NACEBEL 2025
68310 Real estate agency activities main activity
69209 Other tax advisory services
Codes under NACEBEL 2008
68311 Real estate activities main activity
69202 Legal and accounting activities
Codes under NACEBEL 2003
70311 main activity
74121
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’organisation, la réalisation et l’exploitation de services et de gestion comptables et informatiques; La réalisation de toutes opérations…”
2 activities
  1. L’organisation, la réalisation et l’exploitation de services et de gestion comptables et informatiques
  2. La réalisation de toutes opérations relatives à la gestion, à la location et à l’exploitation d’immeubles commerciaux ou privés, l’achat et la vente de tels immeubles
deed of 01-12-2023 (in French)

Invoicing and payment

VAT number BE 0401.373.231
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0401373231
Registered 24-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of May at 11:00
deed of 01-12-2023 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
146 m²
Building footprint
191 m²
Building volume
3,139 m³
Tallest building: 20.9 m.
Cadastral parcel Region Area Buildings Height / floors
92094C1014/00C000 Wallonia 93 m² 1 · 135 m² 20.9 m · 5
92094C1432/00B000 Wallonia 53 m² 1 · 56 m² 19.8 m · 6