Immodena

Active Public limited companyfounded 1954active for 72 yearsRue de Gembloux 13, 5002 NamurKBO/BCE: BE 0401.412.328 #4 oldest company in Namur, Real estate sector

Immodena

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Overview

Lifetime

19 annual accounts with figures on one time axis, 49 filings since 1977

Compare with

peak €644,175 (2018)

-not published

peak €395,871 (2025)

€395,871▲ 2.2%

peak €3.8m (2025)

€3.8m▲ 9.2%

€1.1m▲ 1.0%

Board4 names since 2017

3 directors and 2 others

Documentsfilings and deeds

23-07-20268 days before the deadline

2025abbreviated format

Cash from €185,763 to €100,516

Key points

from the 2025 annual accounts

Equity

€3.8m ▲ 9.2%

Immodena has made a profit in every financial year since 2007.

Turnover

≈ €950,000 estimated

The accounts state no turnover.

Investments

€22,607 0.1 × depreciation

Green is investment, beige is depreciation.

Liquidity

1.40 was 0.33 in 2024

Short-term debts fell from €558,345 to €510,219.

Filings

49 annual accounts since 1977

The last five annual accounts were filed 0 to 18 days before the end of the period.

Position in the sector

€395,871

Higher net result than 90% of companies in real estate. Sector median €12,760 · 12,433 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as Immodena has now. Each dot stands for 51 companies, two years later.

95.0%

were still trading

4.7%

stopped another way

0.2%

went bankrupt

Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

Test of the method

The method was tested on the 497,762 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	2.9%	3.1%
10	5.6%	6.1%

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 20,135 companies, not a prediction for Immodena. 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.

Credit verdict

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

Board and ownership

Managing director

Director

deed of 17-01-2024
deed of 17-01-2024
deed of 17-01-2024

Board & ownership

Recent changes

21-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0401412328

17-01-2024

Company renamed to Immodena New name: Immodena · Resignation: (director) · Appointments: , and · Gazette deed

25-06-2018

4 directors reappointed (managing director), , and · Board meeting of 29-06-2017 · Gazette deed

01-08-1954

First establishment Rue de Gembloux 13, Namur

All 60 events

Comparable companies

same main activity, similar in size and age

Company
Immodena Namur	€4.8m	€0.8m	77.8%	-
GROEP VERBOVEN Geel	€5.4m	€1.0m	42.0%	-
Sagax BE Industrial 1 Antwerp	€5.3m	€1.0m	95.3%	-
MONY Houffalize	€6.4m	€0.6m	79.7%	2.3
JOLIN Knokke-Heist	€6.5m	€1.1m	50.6%	0
Onroerende Goederen En Participaties Antwerp	€4.9m	€1.4m	56.3%	-
KRISS Ghent	€4.7m	€0.7m	77.8%	-

These companies have the same main activity as Immodena: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €4.7m and €6.5m, founded between 1941 and 1975.

Official details

Source: KBO

Status: Active since 28-08-1954Normal situation
Activity: Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
Establishment unit: 2.037.999.3955002 Namur, since 01-08-1954
Financial year end: 31 December
Peppol: Reachable since 21-10-2026

Company details

Annual accounts 2025

: €845,989▲ 2.6%
: €395,871▲ 2.2%
: €3.8m▲ 9.2%
: €4.8m▲ 7.2%
Filing: Filed on 23-07-2026, 8 days before the end of the filing period

Financials

Insights on Immodena

Immodena has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €395,871.

Equity has been growing by about 5.7% per year since 2018. Its solvency ranks better than 84% of 12,427 sector peers (NACE 68, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 23-07-2026, 8 days before the deadline

€845,989

▲ 2.6%

€526,358

▲ 3.3%

€748,687

▲ 2.6%

€618,200

▲ 1.7%

77.8%

▲ 1.4 percentage points

1.40

▲ 1.06

In the rankings #4 oldest company in Namur, Real estate sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €4.8m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

77.8%

Higher than 84% of 12,427 companies in 2025.

1.40

Higher than 57% of 11,954 companies in 2025.

8.2%

Higher than 82% of 12,330 companies in 2025.

Immodena Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	4.8m	4.5m	4.7m	4.8m	4.1m	4.2m	4.4m	3.4m	3.4m	3.4m	2.6m	2.6m	2.5m	2.6m	2.6m	2.8m	1.5m	1.5m	1.5m
`21/28`	4.1m	4.3m	4.5m	4.7m	3.6m	3.8m	4.0m	3.1m	3.2m	3.1m	2.4m	2.3m	2.4m	2.5m	2.6m	2.6m	1.5m	1.4m	1.4m
`22/27`	4.1m	4.3m	4.5m	4.7m	3.6m	3.8m	4.0m	3.1m	3.2m	3.0m	2.4m	2.3m	2.4m	2.5m	2.6m	2.6m	1.5m	1.4m	1.4m
`22`	4.1m	4.3m	4.5m	4.7m	3.6m	3.8m	4.0m	3.1m	3.2m	3.0m	2.4m	2.2m	2.3m	2.5m	2.6m	2.5m	1.5m	1.3m	1.4m
`23`	-	-	-	-	-	-	0	4,129	9,245	14,461	22,745	31,065	12,425	19,688	16,133	14,927	18,987	-	-
`27`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,873	-
`28`	-	-	-	0	6,250	6,250	6,250	6,250	6,250	6,250	6,250	-	-	-	-	-	-	-	-
`284/8`	-	-	-	-	-	-	-	6,250	6,250	6,250	6,250	-	-	-	-	-	-	-	-
`285/8`	-	-	-	-	-	-	-	6,250	6,250	6,250	6,250	-	-	-	-	-	-	-	-
`29/58`	712,156	185,763	179,842	143,965	503,525	377,408	328,182	359,715	162,820	372,295	237,484	333,306	182,802	87,532	19,662	221,656	1,215	113,737	98,647
`40/41`	611,640	0	31,567	38,688	405	8,405	-	-	-	4,069	15,000	1,374	-	-	1,936	153,589	-	319	6,500
`40`	11,640	0	26,317	-	-	-	-	-	-	-	-	-	-	-	686	554	-	-	-
`41`	600,000	0	5,250	38,688	405	8,405	-	-	-	4,069	15,000	1,374	-	-	1,250	153,035	-	319	6,500
`54/58`	100,516	185,763	148,275	104,844	503,120	369,003	328,182	359,715	162,820	368,227	222,484	331,257	182,802	87,532	17,726	68,068	1,215	113,418	91,116
`490/1`	-	-	0	433	-	-	-	-	-	-	-	675	-	-	-	-	-	-	1,031
Balance sheet: equity and liabilities
`10/49`	4.8m	4.5m	4.7m	4.8m	4.1m	4.2m	4.4m	3.4m	3.4m	3.4m	2.6m	2.6m	2.5m	2.6m	2.6m	2.8m	1.5m	1.5m	1.5m
`10/15`	3.8m	3.5m	3.2m	3.1m	2.9m	2.8m	2.7m	2.6m	2.3m	2.2m	2.0m	1.9m	1.7m	1.5m	1.3m	1.2m	1.0m	888,390	757,770
`10/11`	323,998	323,998	323,998	323,998	323,998	323,998	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046
`10`	322,046	322,046	322,046	322,046	322,046	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046	322,046
`11`	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952
`1100/10`	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952	1,952
`12`	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530	101,530
`13`	3.3m	3.0m	2.8m	2.6m	2.5m	2.3m	2.3m	2.1m	1.9m	1.8m	1.6m	1.4m	1.3m	1.1m	907,125	747,299	597,243	462,862	32,205
`130/1`	32,205	32,205	32,205	32,205	32,205	32,205	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205	32,205
`133`	3.3m	3.0m	2.8m	2.6m	2.5m	2.3m	2.3m	2.1m	1.9m	1.7m	1.6m	1.4m	1.2m	1.1m	874,920	715,094	565,038	430,657	-
`14`	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	300,037
`17/49`	1.1m	1.1m	1.5m	1.8m	1.2m	1.4m	1.6m	889,315	1.1m	1.2m	607,882	726,306	842,752	1.0m	1.3m	1.6m	448,682	578,690	715,566
`17`	567,196	508,270	768,867	1.1m	825,226	1.0m	1.3m	666,054	851,371	1.0m	469,976	587,480	704,984	822,488	1.0m	1.2m	300,991	438,171	575,351
`170/4`	106,196	383,025	739,867	1.1m	796,226	1.0m	1.2m	649,524	840,331	1.0m	469,976	587,480	704,984	822,488	1.0m	1.2m	300,991	438,171	575,351
`173`	-	-	-	-	-	-	-	649,524	840,331	1.0m	469,976	587,480	704,984	822,488	1.0m	1.2m	300,991	-	-
`178/9`	461,000	125,244	29,000	29,000	29,000	29,000	22,020	16,530	11,040	-	-	-	-	-	-	-	-	-	-
`42/48`	510,219	558,345	728,589	635,452	389,227	390,261	369,597	223,261	214,201	214,164	137,906	138,826	137,768	225,435	236,962	358,414	146,637	139,039	139,462
`42`	276,829	356,842	353,557	350,326	218,174	217,497	334,291	190,807	190,149	189,496	117,504	117,504	117,504	209,207	217,500	226,796	137,180	137,180	137,180
`43`	7,216	7,216	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	7,216	7,216	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	1,987	675	4,860	56,392	1,382	9,003	2,154	765	2,828	4,423	5,972	6,892	96	6,888	12,067	129,923	7,937	339	-
`440/4`	1,987	675	4,860	56,392	1,382	9,003	2,154	765	2,828	4,423	5,972	6,892	96	6,888	12,067	129,923	7,937	339	-
`45`	43,567	37,427	20,828	0	762	2,725	18,428	17,725	8,225	2,725	2,430	2,430	9,168	9,340	7,395	1,695	1,520	1,520	2,282
`450/3`	43,567	37,427	20,828	0	762	2,725	18,428	17,725	8,225	2,725	2,430	2,430	9,168	9,340	7,395	1,695	1,520	1,520	2,282
`47/48`	180,620	156,185	349,346	228,733	168,909	161,036	14,724	13,965	13,000	17,520	12,000	12,000	11,000	-	-	-	-	-	-
`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	627	1,053	1,480	753
Income statement
`70/76A`	-	-	-	-	-	-	-	659,387	644,751	569,176	551,022	548,108	541,321	531,074	503,535	415,410	394,444	-	-
`70`	-	-	-	-	-	-	-	644,175	641,085	562,110	546,340	543,290	536,340	522,210	489,140	397,970	392,395	-	-
`9900`	845,989	824,492	807,495	639,909	633,605	576,969	552,241	-	-	-	-	-	-	-	-	-	-	295,808	299,891
`60/66A`	-	-	-	-	-	-	-	328,100	371,300	304,818	312,515	265,289	245,684	244,093	236,108	190,389	188,598	-	-
`61`	-	-	-	-	-	-	-	107,138	109,183	103,193	90,185	89,524	81,732	81,400	76,816	86,981	72,066	-	-
`630`	222,330	220,426	218,892	204,121	197,759	199,093	208,226	160,511	202,651	143,473	153,110	118,284	118,606	118,506	114,615	61,773	72,978	47,219	47,424
`640/8`	97,301	94,546	92,777	82,915	81,157	97,799	67,116	60,451	59,467	58,152	69,219	57,482	45,346	44,187	44,677	41,636	43,554	39,866	38,358
`9901`	526,358	509,520	495,826	352,873	354,690	280,077	276,899	331,287	273,452	264,358	238,508	282,819	295,637	286,981	267,427	225,020	205,847	208,723	214,109
`75/76B`	5,730	-	-	-	-	-	-	-	-	1	21	17	2	69	3	90	909	2,063	1,726
`75`	5,730	-	-	-	-	-	-	-	-	1	21	17	2	69	3	90	909	2,063	1,726
`751`	-	-	-	-	-	-	-	-	-	-	21	17	2	69	3	90	909	-	-
`752/9`	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-
`65/66B`	31,009	20,567	18,930	20,534	11,640	13,192	15,514	16,452	20,289	19,507	19,812	22,961	27,976	35,776	41,954	16,242	22,605	30,176	36,149
`65`	31,009	20,567	18,930	20,534	11,640	13,192	15,514	16,452	20,289	19,507	19,812	22,961	27,976	35,776	41,954	16,242	22,605	30,176	36,149
`650`	-	-	-	-	-	-	-	15,587	19,657	18,699	19,238	22,355	27,514	35,336	41,414	15,639	22,286	-	-
`652/9`	-	-	-	-	-	-	-	865	632	808	574	605	461	439	540	603	319	-	-
`9903`	501,079	488,953	476,897	332,340	343,050	266,885	261,385	314,836	253,163	244,851	218,717	259,876	267,663	251,275	225,476	208,869	184,150	180,610	179,686
`67/77`	105,208	101,524	100,136	83,000	85,484	66,900	75,703	90,195	77,046	74,591	54,346	73,630	74,828	70,459	65,650	58,814	49,769	49,990	54,521
`670/3`	-	-	-	-	-	-	-	90,195	80,500	75,000	60,005	75,004	75,000	72,510	65,700	58,814	50,135	-	-
`77`	-	-	-	-	-	-	-	-	3,454	409	5,659	1,374	172	2,051	50	-	366	-	-
`9904`	395,871	387,429	376,761	249,340	257,566	199,985	185,682	224,641	176,117	170,260	164,371	186,246	192,835	180,816	159,826	150,056	134,381	130,620	125,165
`9905`	395,871	387,429	376,761	249,340	257,566	199,985	185,682	224,641	176,117	170,260	164,371	186,246	192,835	180,816	159,826	150,056	134,381	130,620	125,165
Appropriation of the result
`9906`	395,871	387,429	376,761	249,340	257,566	199,985	185,682	224,641	176,117	170,260	164,371	186,246	192,835	180,816	159,826	150,056	134,381	430,657	300,037
`691/2`	315,871	237,429	156,761	139,340	147,566	39,985	173,682	212,641	164,117	158,260	152,371	174,246	181,835	180,816	159,826	150,056	134,381	430,657	-
`6921`	315,871	237,429	156,761	139,340	147,566	39,985	173,682	212,641	164,117	158,260	152,371	174,246	181,835	180,816	159,826	150,056	134,381	430,657	-
`694/7`	80,000	150,000	220,000	110,000	110,000	160,000	12,000	12,000	12,000	12,000	12,000	12,000	11,000	-	-	-	-	-	-
`694`	0	70,000	140,000	110,000	110,000	160,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`695`	80,000	80,000	80,000	-	-	0	12,000	12,000	12,000	12,000	12,000	12,000	11,000	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 30 older financial years (1977-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 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 23-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	23-07-2026	2026-00338229	PDF
31-12-2024	micro format	18-07-2025	2025-00291674	PDF
31-12-2023	full format	31-07-2024	2024-00315240	PDF
31-12-2022	full format	13-07-2023	2023-00241269	PDF
31-12-2021	full format	26-07-2022	2022-20233183	PDF
31-12-2020	micro format	20-07-2021	2021-37800575	PDF
31-12-2019	micro format	17-07-2020	2020-32100469	PDF
31-12-2018	full format	03-07-2019	2019-28300215	PDF
31-12-2017	full format	16-07-2018	2018-33300358	PDF
31-12-2016	full format	10-07-2017	2017-30000493	PDF
31-12-2015	full format	27-06-2016	2016-23100032	PDF
31-12-2014	full format	09-06-2015	2015-16600415	PDF
31-12-2013	full format	11-06-2014	2014-17100014	PDF
31-12-2012	full format	26-06-2013	2013-22800212	PDF
31-12-2011	full format	08-06-2012	2012-16100530	PDF
31-12-2010	full format	16-06-2011	2011-17600229	PDF
31-12-2009	full format	07-06-2010	2010-15500177	PDF
31-12-2008	full format	12-06-2009	2009-22700081	PDF
31-12-2007	full format	05-06-2008	2008-19400034	PDF
31-12-2006	full format	19-06-2007	2007-23600128	PDF
31-12-2005	full format	09-06-2006	2006-22404620	PDF
31-12-2004	full format	01-06-2005	2005-19501541	PDF
31-12-2003	full format	10-06-2004	2004-23000733	PDF
31-12-2002	full format	24-06-2003	2003-29703834	PDF
31-12-2001	full format	06-06-2002	2002-18003048	PDF
31-12-2000	full format	15-06-2001	2001-22300560	PDF
31-12-1999	full format	08-06-2000	2000-19801779	PDF
31-12-1998	full format	04-06-1999	1999-14701063	PDF
31-12-1997	full format	10-06-1998	1998-15800027	PDF
31-12-1996	full format	09-06-1997	1997-13304913	PDF
31-12-1995	full format	06-06-1996	1996-13605326	PDF
31-12-1994	full format	02-06-1995	1995-11603271	PDF
31-12-1993	full format	09-06-1994	1994-13503767	PDF
31-12-1992	full format	17-06-1993	1993-14103757	PDF
31-12-1991	full format	04-06-1992	1992-08700634	PDF
31-12-1990	full format	28-08-1991	1991-23503040	PDF
31-12-1989	full format	01-10-1990	1990-25001208	PDF
31-12-1988	full format	01-06-1989	1989-06104654	PDF
31-12-1987	full format	16-06-1988	1988-08502475	PDF
31-12-1986	full format	29-06-1987	1987-12704890	PDF
31-12-1985	full format	03-06-1986	1986-10401617	PDF
31-12-1984	full format	28-06-1985	1985-17300262	PDF
31-12-1983	unclassified schema	12-06-1984	1984-05700164	PDF
31-12-1982	unclassified schema	31-05-1983	1983-04101740	PDF
31-12-1981	unclassified schema	04-06-1982	1982-04301713	PDF
31-12-1980	unclassified schema	17-06-1981	1981-05601031	PDF
31-12-1979	unclassified schema	30-06-1980	1980-07301335	PDF
31-12-1978	unclassified schema	25-06-1979	1979-06400917	PDF
31-12-1977	unclassified schema	07-07-1978	1978-05600590	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
748,687	729,946	714,718	556,994	552,448	479,170	485,125	491,798	476,102	407,831	391,618	401,103	414,243	405,488	382,042	286,793	278,825	255,942	261,533
618,200	607,855	595,653	453,461	455,325	399,079	393,908	385,151	378,767	313,733	317,481	304,529	311,442	299,322	274,440	211,829	207,359	177,839	172,589
22,607	21,092	79,357	1.2m	0	0	1.1m	0	397,171	803,683	276,630	25,579	0	10,718	136,857	1.2m	189,873	25,872	-
-85,248	37,489	43,430	-398,276	134,117	40,821	-31,532	196,895	-205,407	145,742	-108,773	148,455	95,270	69,806	-50,342	66,853	-112,203	22,302	-
201,937	-372,582	-548,748	-491,487	114,298	-12,853	-41,415	136,453	-51,381	158,131	99,578	194,481	45,034	-137,903	-217,300	-136,758	-145,423	-25,302	-40,815
-	-	-	-	-	-	-	51.4%	42.7%	47.0%	43.7%	52.1%	55.1%	55.0%	54.7%	56.5%	52.5%	-	-
77.8%	76.4%	68.2%	63.5%	70.6%	65.9%	62.7%	74.2%	68.8%	63.7%	76.9%	72.0%	66.8%	59.1%	51.2%	42.2%	69.5%	60.6%	51.4%
1.40	0.33	0.25	0.23	1.29	0.97	0.89	1.61	0.76	1.74	1.72	2.40	1.33	0.39	0.08	0.62	0.01	0.82	0.71
0.29	0.31	0.47	0.57	0.42	0.52	0.59	0.35	0.45	0.57	0.30	0.39	0.50	0.69	0.95	1.37	0.44	0.65	0.94
10.5%	11.2%	11.7%	8.2%	8.8%	7.2%	6.8%	8.8%	7.5%	7.8%	8.1%	10.0%	11.4%	11.9%	12.0%	12.8%	13.1%	14.7%	16.5%
8.2%	8.6%	8.0%	5.2%	6.2%	4.8%	4.3%	6.5%	5.2%	5.0%	6.3%	7.2%	7.6%	7.1%	6.1%	5.4%	9.1%	8.9%	8.5%
24.14	35.49	37.76	27.13	47.46	-	-	31.55	24.22	21.81	20.36	17.94	15.06	11.48	9.22	18.34	12.51	-	-
-	-	-	-	-	-	-	-	-	3 days	10 days	1 day	-	-	1 day	1 day	-	-	-
-	-	-	-	-	-	-	3 days	9 days	16 days	24 days	28 days	0 days	31 days	57 days	545 days	40 days	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€22,607	€21,092	€79,357	€1.2m	-
	€222,330	€220,426	€218,892	€204,121	€197,759

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

Insights on Immodena

The operating result for 2025 is 3% higher than in 2024 and the highest since 2007. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total falls from 23.6% to 22.2%. Equity and debt are higher.

Board & ownership

Board

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

Director (not named in the articles)

in office according to the deed of 25-06-2018 6-year term from 2024

listed in the 2025 annual accounts, filed on 23-07-2026

Director (not named in the articles) and managing director

in office according to the deed of 25-06-2018 6-year term from 2024

listed in the 2025 annual accounts, filed on 23-07-2026

Director (not named in the articles)

in office according to the deed of 25-06-2018 6-year term from 2024

listed in the 2025 annual accounts, filed on 23-07-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Director

Director, Managing director

Director

LeadershipBoardEarlierRest of the termmandate already running before its first mention

Mandates as a list

- Director, since before 29-06-2017
- Director, since before 29-06-2017
- Managing director, since before 29-06-2017
- Director, since before 29-06-2017
- Director, from before 29-06-2017 to 24-03-2023

See the board, name and registered office on a given date →

Control

Shareholders

, ,

This company

Immodena

Equity €3.8m

Profit €395,871 in 2025

Capital

Capital: €322,046.09
Shares: 24,578
Contribution per share: €13.10
Equity per share: €153 in 2025
Source: 2025 annual accounts

Articles of association

deed of 17-01-2024 (in French)

Duration: Unlimited
Board rule: Term of at most 6 years
Annual meeting: Last Friday of May at 17:00
Liquidation rule: “Toutes opérations prévues par loi, assemblée générale à majorité des voix”

Founders

Stated in the deed deed of 17-01-2024 ↗

Network & group

No group

Immodena has no parent and no holdings in its annual accounts. Immodena shares no director with another company.

Timeline

60 events since 1954

Board

Filings

Financial

Establishments

195519601965197019751980198519901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

21-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0401412328

23-07-2026

Annual accounts 2025 filed NBBabbreviated format · 8 days before the deadline

2025

31-12-2025

Highest result from 2007 to 2025 net €395,871 ▲2.2% The operating result of €526,358 and the net result of €395,871 are both a record.

31-12-2025

Liquidity more than quadruples current ratio 1.40 The current ratio rises from 0.33 to 1.40. Short-term debt falls from €558,345 to €510,219.

18-07-2025

Annual accounts 2024 filed PDFmicro format · 13 days before the deadline

2024

31-07-2024

Annual accounts 2023 filed PDFfull format · on the deadline day

17-01-2024

Company renamed to ImmodenaNew name: Immodena · Resignation: (director) · Appointments: , and 14 points ▸

is a shareholder
is a shareholder
is a shareholder
Director resignation,
Purpose change, “La constitution et la gestion d'un patrimoine immobilier comprenant toutes les opérations relatives aux biens immobiliers et aux droits réels immobiliers qu’ils…” (deed in French)
Name change, Immodena
Capital, €322,046.10, 24,578 shares
Board rule, 3
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (managing director)
Registered office clause, rue de Gembloux 13, 5002 Saint-Servais
Power of attorney,
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2023

13-07-2023

Annual accounts 2022 filed PDFfull format · 18 days before the deadline

2022

26-07-2022

Annual accounts 2021 filed PDFfull format · 5 days before the deadline

2021

20-07-2021

Annual accounts 2020 filed PDFmicro format · 11 days before the deadline

2020

17-07-2020

Annual accounts 2019 filed PDFmicro format · 14 days before the deadline

2019

03-07-2019

Annual accounts 2018 filed PDFfull format · 28 days before the deadline

2018

31-12-2018

Liquidity more than doubled current ratio 1.61 The current ratio rises from 0.76 to 1.61.

16-07-2018

Annual accounts 2017 filed PDFfull format · 15 days before the deadline

25-06-2018

4 directors reappointed (managing director), , and · Board meeting of 29-06-20177 points ▸

Board meeting, 29-06-2017
Director reappointment, (managing director)
General meeting, 29-06-2017
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,

Open the deed in the Belgian Official Gazette

2017

10-07-2017

Annual accounts 2016 filed PDFfull format · 21 days before the deadline

2016

27-06-2016

Annual accounts 2015 filed PDFfull format · 34 days before the deadline

2015

31-12-2015

Equity above €2m equity €2.0m ▲8.2% With a profit in every financial year since 2007, equity grows to €2.0m.

09-06-2015

Annual accounts 2014 filed PDFfull format · 52 days before the deadline

2014

11-06-2014

Annual accounts 2013 filed PDFfull format · 50 days before the deadline

2013

31-12-2013

Liquidity more than triples current ratio 1.33 The current ratio rises from 0.39 to 1.33. Short-term debt falls from €225,435 to €137,768.

26-06-2013

Annual accounts 2012 filed PDFfull format · 35 days before the deadline

2012

08-06-2012

Annual accounts 2011 filed PDFfull format · 53 days before the deadline

2011

16-06-2011

Annual accounts 2010 filed PDFfull format · 45 days before the deadline

2010

07-06-2010

Annual accounts 2009 filed PDFfull format · 54 days before the deadline

2009

31-12-2009

Equity above €1m equity €1.0m ▲15.1% With a profit in every financial year since 2007, equity grows to €1.0m.

12-06-2009

Annual accounts 2008 filed PDFfull format · 49 days before the deadline

2008

05-06-2008

Annual accounts 2007 filed PDFfull format · 56 days before the deadline

2007

19-06-2007

Annual accounts 2006 filed PDFfull format · 42 days before the deadline

2006

09-06-2006

Annual accounts 2005 filed PDFfull format

2005

01-06-2005

Annual accounts 2004 filed PDFfull format

2004

10-06-2004

Annual accounts 2003 filed PDFfull format

2003

24-06-2003

Annual accounts 2002 filed PDFfull format

2002

06-06-2002

Annual accounts 2001 filed PDFfull format

2001

15-06-2001

Annual accounts 2000 filed PDFfull format

2000

08-06-2000

Annual accounts 1999 filed PDFfull format

1999

04-06-1999

Annual accounts 1998 filed PDFfull format

1998

10-06-1998

Annual accounts 1997 filed NBBfull format

1997

09-06-1997

Annual accounts 1996 filed NBBfull format

1996

06-06-1996

Annual accounts 1995 filed NBBfull format

1995

02-06-1995

Annual accounts 1994 filed NBBfull format

1994

09-06-1994

Annual accounts 1993 filed NBBfull format

1993

17-06-1993

Annual accounts 1992 filed NBBfull format

1992

04-06-1992

Annual accounts 1991 filed NBBfull format

1991

28-08-1991

Annual accounts 1990 filed NBBfull format

1990

01-10-1990

Annual accounts 1989 filed NBBfull format

1989

01-06-1989

Annual accounts 1988 filed NBBfull format

1988

16-06-1988

Annual accounts 1987 filed NBBfull format

1987

29-06-1987

Annual accounts 1986 filed NBBfull format

1986

03-06-1986

Annual accounts 1985 filed NBBfull format

1985

28-06-1985

Annual accounts 1984 filed NBBfull format

1984

12-06-1984

Annual accounts 1983 filed NBBunclassified schema

1983

31-05-1983

Annual accounts 1982 filed NBBunclassified schema

1982

04-06-1982

Annual accounts 1981 filed NBBunclassified schema

1981

17-06-1981

Annual accounts 1980 filed NBBunclassified schema

1980

30-06-1980

Annual accounts 1979 filed NBBunclassified schema

1979

25-06-1979

Annual accounts 1978 filed NBBunclassified schema

1978

07-07-1978

Annual accounts 1977 filed NBBunclassified schema

1954

28-08-1954

Incorporation KBO

01-08-1954

First establishment Rue de Gembloux 13, Namur

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

Immodena was incorporated on 28 August 1954.¹ The name was changed to Immodena in 2024.² Total assets rose from €3.4m in 2018 to €4.8m in 2025.³

Company details

Identity

Enterprise number: 0401.412.328
VAT number: BE 0401.412.328
Peppol ID: 0208:0401412328
Legal form: Public limited company
Status: Active, normal situation
Founded: 28-08-1954
Financial year: ends on 31 December
Annual meeting: Last Friday of May at 17:00
deed of 17-01-2024 (in French)
Peppol: Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: Immodena in French
Name in the Peppol Directory: IMMOBILIERE SAINT-SERVAITOISE S.A
Entity type: Legal entity
Duration: Unlimited
deed of 17-01-2024 (in French)

Activities

NACEBEL 2025

68201 Renting and operating of own or leased residential real estate, excluding social housing main activity

68203 Renting and operating of own or leased non-residential real estate, excluding land

68204 Real estate activities

Codes under NACEBEL 2008

68201 Real estate activities main activity

Purpose: “La constitution et la gestion d'un patrimoine immobilier comprenant toutes les opérations relatives aux biens immobiliers et aux droits…”
7 activities
La constitution et la gestion d'un patrimoine immobilier comprenant toutes les opérations relatives aux biens immobiliers et aux droits réels immobiliers qu’ils soient urbains ou ruraux,telles que la location-financement de biens immobiliers aux tiers,l'achat,la vente(en ce compris les activités de marchand de biens),l'échange,la construction,la transformation,l'entretien,la mise en location,la prise en location,le lotissement,les activités de promotion immobilière,la prospection et l'exploitation/administration de biens immobiliers,l’aménagement et la rénovation de zones urbaine par voie de promotion,l'achat et la vente,la prise en location et la mise en location de biens mobiliers,ainsi que toutes les opérations qui sont directement ou indirectement liées à cet objet et qui sont de nature à favoriser le rendement des biens mobiliers et immobiliers,ainsi que se porter garante pour le bon déroulement d'engagements pris par de tierces personnes qui ont éventuellement la jouissance de ces biens mobiliers et immobiliers;
La constitution et la gestion d'un patrimoine mobilier,toutes les opérations,de quelque nature qu'elles soient,relatives à des biens et des droits meubles,telles que l'acquisition,par souscription ou par achat,et la gestion d'actions,d'obligations,de bons de caisse ou d'autres valeurs meubles,de quelque forme que ce soit,de personnes morales et d'entreprises belges ou étrangères existantes ou à constituer;
Toutes activités d'entreprise générale de construction et toutes opérations techniques quelconques se rapportant à la construction,la rénovation et l’achèvement en matière immobilière;la transformation,l'aménagement de tout immeuble et notamment les travaux d'entreprise de menuiserie,de tapisserie,de pose de revêtements de murs et de sols,de cimenterie,de plafonnage,de peinture,de maçonnerie et béton,de taillerie de pierres et marbrerie,de vitrage,zinguerie,couvertures métalliques et non métalliques,et tous travaux de démolition,de même que l'installation de chauffage central,de chauffage au gaz par appareils individuels,de tout matériel électrique,de sanitaire et de plomberie.
A toutes opérations commerciales,industrielles,immobilières,mobilières ou financières qui sont directement ou indirectement liées ou apparentées à son objet ou qui peuvent en favoriser la réalisation.
Par des apports,des fusions,des souscriptions ou de toute autre manière,participer à des entreprises,des associations ou des sociétés qui ont un objet similaire ou annexe ou qui peuvent contribuer à la réalisation de tout ou partie de son objet social.
Fournir des garanties réelles ou personnelles au profit de tiers.
Développer,acheter,vendre,prendre en licence ou donner des brevets,du savoir-faire et d'autres immobilisations incorporelles durables et annexes;
deed of 17-01-2024 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Rue de Gembloux 13 registered office 5002 Namur	01-08-1954	2.037.999.395

Buildings and parcels at the address

Ground area: 732 m²
Buildings: 243 m²
Volume, LiDAR: 3,303 m³
Tallest building: 17.2 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
92108B0236/00V000	732 m²	1 · 243 m²	17.2 m · 4

Overview

Lifetime

Key points

Equity

Turnover

Investments

Liquidity

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on Immodena

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency77.8%

Current ratio1.40

Return on assets8.2%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Immodena

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Founders

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in €m

in euro

77.8%

1.40

8.2%