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Immohel

Active Public limited companyfounded 1990active for 36 yearsHenri Elleboudtlaan 11, 1180 UccleKBO/BCE: BE 0440.854.409

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1991
peak €761,164 (2025)
€761,164▲ 316%
lowest -€17,816 (2008)
€396,651▲ 78×
peak €1.0m (2025)
€1.0m▲ 59.7%
€2.5m▼ 30.9%
Board3 names since 2019
- 
Documentsfilings and deeds
10-11-202510 days late
2025micro format
Gross margin from €182,765 to €761,164Result from €5,083 to €396,6513 directors reappointed 14-08Equity from €647,367 to €1.0mDebts from €3.6m to €2.5mCash from €45,451 to €430,114

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 59.7%

Immohel has made a profit without a break since 2009.

Result

€396,651 ▲ 78×
€5,0802024€397,0002025

The result rose in 2025 from €5,083 to €396,651.

Turnover

≈ €1.3m estimated

The accounts state no turnover.

Investments

€36,275 0.2 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 14.0% higher than in 2024.

Filings

34 annual accounts 13 days past the deadline
deadline200020102020

2026 accounts not filed: deadline was 31-10-2026.

Position in the sector

€396,651

Higher net result than 95% of companies in real estate. Sector median €5,854 · 19,790 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,614 companies had the same profile as Immohel has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • 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 2,614 companies, not a prediction for Immohel. 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

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

Signals

Board and ownership

Director
Director
Director
  • 1,250 sharesdeed of 19-11-2019
  • 1,250 sharesdeed of 19-11-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0440854409
3 directors reappointed , and · General meeting of 27-06-2025 · Gazette deed
Capital increase of €62,500 to €250,000 Capital from €187,500 to €250,000, 2,500 new shares · Contributions: (€31,250, 1,250 shares); (€31,250, 1,250 shares) · Reappointments: , and · General meeting of 07-11-2019 · Gazette deed
3 directors reappointed , and · General meeting of 01-08-2019 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
Immohel Uccle €3.7m €0.8m 27.8% -
PROJECTONTWIKKELING VAN WELLEN Auderghem €3.6m €0.5m 44.9% -
IDARO Brussels €3.7m €0.4m 40.6% -
RETECH Sint-Truiden €3.5m €0.6m 2.4% -
L S - CONSTRUCT Knokke-Heist €3.6m €0.7m 69.3% 0.6
ARTELETRA Asse €3.8m €0.5m 77.9% -
Carrosserie de Waimes Malmedy €4.0m €1.3m 70.9% -

These companies have the same main activity as Immohel: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.5m and €4m, founded between 1987 and 1992.

Official details

Source: KBO
Status
Active since 10-05-1990Normal situation
Registered office
10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Development of residential building projectsNACE 68121
Establishment unit
2.048.454.5121180 Uccle, since 06-06-1990
Financial year end
31 March
Peppol
Reachable since 13-02-2026
Company details

Annual accounts to 31-03-2025

€3.7m▼ 13.7%
Filing
Filed on 10-11-2025
Financials

Insights on Immohel

Immohel files the micro format. That format states no turnover. The gross margin rose from €61,939 in 2022 to €761,164 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Immohel

What is the company number of Immohel?
The company number of Immohel is 0440.854.409. The VAT number is the same number with BE in front: BE 0440.854.409.
Where is Immohel based?
The registered office is at Henri Elleboudtlaan 11, 1180 Uccle.Company details
What does Immohel do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Immohel?
Immohel is a public limited company (NV).
When was Immohel founded?
Immohel was founded on 10-05-1990.
Is Immohel still active?
Yes, Immohel is an active enterprise in the KBO register.
What is the turnover of Immohel?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €761,164 and 43 comparable companies (NACE 681). It probably lies between €1.0m and €2.2m. In financial year 2023 turnover was €135,990.Financials
Is Immohel profitable?
In financial year 2025, Immohel made a profit of €396,651.
Where can I find the annual accounts of Immohel?
Immohel filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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