Société Immobilière et Financière Industrie Guimard
ActiveSummary
Société Immobilière et Financière Industrie Guimard has been active since 1952 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73.4m and a net result of €1.6m. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+2
Solvency100=
Growth55▲+2
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 10.74 in 2024; short-term debt: 0.9% and cash: 0.1% of total assets), and 0.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.1%
Return on assets
2.2%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
58 d early
2023
57 d early
2022
48 d early
2021
75 d early
2020
100 d early
2019
66 d early
← 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 66 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Etterbeek, Real estate sector#2 oldest company in Etterbeek, Real estate sector#5 employer in Etterbeek, Real estate sector
Turnover
€3.3m▲ 21.6%
2024 · €2.7m
EBIT margin
65.7%▲ 86.8pp
2024 · -21.1%
Net result
€1.6m
2024 · -€572,559
Working capital
€595,297▼ 67.3%
2024 · €1.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.3m-€2.4m▲ 3.9%€2.7m▲ 12.5%€2.7m▲ 1.6%€3.3m▲ 21.6%
Operating result€1.3m-€6.9m▲ 411%€1.9m▼ 73.0%-€575,994€2.2m
Net result€690,015above the sector's middle half-€6.7mabove the sector's middle half▲ 873%€1.9m▼ 71.0%-€572,559€1.6mabove the sector's middle half
EBIT margin58.4%-287.4%▲ 229.0pp69.0%▼ 218.4pp-21.1%▼ 90.1pp65.7%▲ 86.8pp
Equity€63.7mabove the sector's middle half-€70.4mabove the sector's middle half▲ 10.5%€72.4m▲ 2.8%€71.8m▼ 0.8%€73.4mabove the sector's middle half▲ 2.3%
Total assets€64.4mabove the sector's middle half-€70.6mabove the sector's middle half▲ 9.6%€72.7m▲ 3.1%€72.0m▼ 1.0%€74.1mabove the sector's middle half▲ 2.8%
Debt€677,284-€149,792▼ 77.9%€374,005▲ 150%€248,342▼ 33.6%€631,577▲ 154%
Working capital€6.6m-€12.6m▲ 91.5%€4.6m▼ 63.7%€1.8m▼ 60.1%€595,297▼ 67.3%
Solvency98.9%above the sector's middle half-99.8%above the sector's middle half▲ 0.8pp99.5%▼ 0.3pp99.7%▲ 0.2pp99.1%above the sector's middle half▼ 0.5pp
Staff (FTE)8.2within the sector's middle half-7.8above the sector's middle half▼ 4.9%6▼ 23.1%5.1▼ 15.0%4.8above the sector's middle half▼ 5.9%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2.2m after a loss of €575,994 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74.1m
Fixed assets
€72.9m ▲ 4.0%
Current assets
€1.2m ▼ 38.9%
Equity and liabilities €74.1m
Equity
€73.4m ▲ 2.3%
Debt
€631,577 ▲ 154%
Debt's share of the balance-sheet total rises from 0.3% to 0.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.8m▲
2024 · €1.6m
Cash flow
€2.3m▲
2024 · €1.6m
Current ratio
1.94▼
2024 · 10.74
Debt to equity
0.01▲
2024 · 0.00
ROE
2.2%▲
2024 · -0.8%
ROA
2.2%▲
2024 · -0.8%
Interest coverage
26187.87▲
2024 · 1800.38
Debt ≤ 1 year
€631,577▲
2024 · €186,892
Income taxes
€558,602
Staff costs
€391,729▼
2024 · €408,759
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €4.8m | €8.4m | €3.2m | €3.1m | €4.8m | ▲ 54.6% |
| Turnover70 | €2.3m | €2.4m | €2.7m | €2.7m | €3.3m | ▲ 21.6% |
| Other operating income74 | €2.5m | €789,584 | €428,186 | €401,378 | €1.4m | ▲ 246% |
| Non-recurring operating income76A | - | €5.2m | €45,043 | - | €130,844 | - |
| Operating charges60/66A | €3.5m | €1.5m | €1.3m | €3.7m | €2.7m | ▼ 28.2% |
| Services and other goods61 | €2.2m | €384,547 | €189,059 | €291,601 | €228,591 | ▼ 21.6% |
| Remuneration, social security and pensions62 | €582,407 | €498,118 | €417,638 | €408,759 | €391,729 | ▼ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €290,550 | €312,134 | €392,091 | €2.2m | €611,644 | ▼ 72.2% |
| Other operating charges640/8 | €339,884 | €328,812 | €307,582 | €805,978 | €645,804 | ▼ 19.9% |
| Non-recurring operating charges66A | - | - | - | - | €782,911 | - |
| Operating profit (loss)9901 | €1.3m | €6.9m | €1.9m | -€575,994 | €2.2m | ▲ 479% |
| Financial income75/76B | €299 | €229,111 | - | - | €29,668 | - |
| Recurring financial income75 | €299 | €124,314 | €561,395 | €10,753 | €29,668 | ▲ 176% |
| Income from financial fixed assets750 | - | €95,883 | €552,530 | - | €18,213 | - |
| Income from current assets751 | €299 | €28,431 | €8,865 | €10,753 | €11,200 | ▲ 4.2% |
| Other financial income752/9 | - | - | - | - | €255 | - |
| Non-recurring financial income76B | - | €104,797 | €186 | €967 | - | - |
| Financial charges65/66B | €311,836 | €274,211 | €996 | €8,285 | €3,334 | ▼ 59.8% |
| Recurring financial charges65 | €4 | €1,287 | €996 | €903 | €149 | ▼ 83.5% |
| Debt charges650 | - | - | - | €903 | €107 | ▼ 88.2% |
| Other financial charges652/9 | €4 | €1,287 | €996 | - | €42 | - |
| Non-recurring financial charges66B | €311,832 | €272,925 | - | €7,382 | €3,185 | ▼ 56.8% |
| Profit (loss) for the period before taxes9903 | €1.0m | €6.8m | €2.4m | -€572,559 | €2.2m | ▲ 486% |
| Income taxes67/77 | €341,449 | €105,234 | €470,926 | - | €558,602 | - |
| Taxes670/3 | €352,212 | €457,446 | €470,926 | - | €558,602 | - |
| Tax adjustments and reversals of tax provisions77 | €10,763 | €352,212 | - | - | - | - |
| Profit (loss) for the period9904 | €690,015 | €6.7m | €1.9m | -€572,559 | €1.6m | ▲ 388% |
| Profit (loss) for the period to be appropriated9905 | €690,015 | €6.7m | €1.9m | -€572,559 | €1.6m | ▲ 388% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64.4m | €70.6m | €72.7m | €72.0m | €74.1m | ▲ 2.8% |
| Fixed assets21/28 | €57.6m | €57.9m | €67.8m | €70.0m | €72.9m | ▲ 4.0% |
| Tangible fixed assets22/27 | €11.0m | €12.0m | €22.0m | €24.2m | €27.0m | ▲ 11.6% |
| Furniture and vehicles24 | €9,507 | €7,356 | €5,230 | €3,099 | €973 | ▼ 68.6% |
| Other tangible fixed assets26 | €10.8m | €12.0m | €22.0m | €24.2m | €27.0m | ▲ 11.6% |
| Assets under construction and advance payments27 | €135,000 | - | - | - | - | - |
| Financial fixed assets28 | €46.6m | €45.9m | €45.9m | €45.8m | €45.8m | = |
| Affiliated companies280/1 | €45.5m | €45.5m | €45.5m | €45.5m | €45.5m | = |
| Participating interests280 | €45.5m | €45.5m | €45.5m | €45.5m | €45.5m | = |
| Other financial fixed assets284/8 | €1.1m | €367,325 | €367,511 | €320,478 | €320,478 | = |
| Shares284 | €1.1m | €367,325 | €367,511 | €320,478 | €320,478 | = |
| Current assets29/58 | €6.8m | €12.7m | €4.9m | €2.0m | €1.2m | ▼ 38.9% |
| Amounts receivable within one year40/41 | €817,304 | €555,784 | €1.4m | €597,718 | €842,141 | ▲ 40.9% |
| Trade receivables40 | €424,486 | €223,338 | €312,835 | €294,040 | €208,601 | ▼ 29.1% |
| Other amounts receivable41 | €392,818 | €332,446 | €1.1m | €303,678 | €633,540 | ▲ 109% |
| Current investments50/53 | €317,477 | €309,358 | €301,215 | €296,957 | €289,290 | ▼ 2.6% |
| Other investments51/53 | €317,477 | €309,358 | €301,215 | €296,957 | €289,290 | ▼ 2.6% |
| Cash at bank and in hand54/58 | €5.3m | €11.8m | €3.2m | €1.1m | €95,444 | ▼ 91.4% |
| Deferred charges and accrued income490/1 | €383,685 | €1,908 | €300 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64.4m | €70.6m | €72.7m | €72.0m | €74.1m | ▲ 2.8% |
| Equity10/15 | €63.7m | €70.4m | €72.4m | €71.8m | €73.4m | ▲ 2.3% |
| Contributions10/11 | €62.4m | €62.4m | €62.4m | €62.4m | €62.4m | = |
| Capital10 | €62.4m | €62.4m | €62.4m | €62.4m | €62.4m | = |
| Issued capital100 | €62.4m | €62.4m | €62.4m | €62.4m | €62.4m | = |
| Reserves13 | €3.5m | €3.7m | €3.8m | €3.8m | €3.9m | ▲ 2.2% |
| Non-distributable reserves130/1 | €335,574 | €563,643 | €660,893 | €660,893 | €743,344 | ▲ 12.5% |
| Legal reserve130 | €335,000 | €563,068 | €660,319 | €660,319 | €742,770 | ▲ 12.5% |
| Other1319 | €574 | €574 | €574 | €574 | €574 | = |
| Tax-exempt reserves132 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Distributable reserves133 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Profit (loss) carried forward14 | -€2.2m | €4.3m | €6.2m | €5.6m | €7.2m | ▲ 27.9% |
| Amounts payable17/49 | €677,284 | €149,792 | €374,005 | €248,342 | €631,577 | ▲ 154% |
| Amounts payable within one year42/48 | €275,061 | €123,247 | €346,852 | €186,892 | €631,577 | ▲ 238% |
| Trade debts44 | €153,378 | €41,301 | €33,651 | €66,640 | €452,404 | ▲ 579% |
| Suppliers440/4 | €153,378 | €41,301 | €33,651 | €66,640 | €452,404 | ▲ 579% |
| Taxes, remuneration and social security45 | €121,683 | €81,947 | €148,557 | €99,574 | €158,496 | ▲ 59.2% |
| Taxes450/3 | €52,050 | €20,724 | €103,320 | €51,205 | €116,128 | ▲ 127% |
| Remuneration and social security454/9 | €69,633 | €61,223 | €45,237 | €48,369 | €42,368 | ▼ 12.4% |
| Other amounts payable47/48 | - | - | €164,644 | €20,678 | €20,678 | = |
| Accrued charges and deferred income492/3 | €402,223 | €26,544 | €27,153 | €61,450 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €690,015 | €6.7m | €1.9m | -€572,559 | €1.6m | ▲ 388% |
| + Depreciation and write-downs630 | €290,550 | €312,134 | €392,091 | €2.2m | €611,644 | ▼ 72.2% |
| Operating cash flow (approximation) | €980,565 | €7.0m | €2.3m | €1.6m | €2.3m | ▲ 38.8% |
| Investment in fixed assets (approximation) | - | -€650,381 | -€10.3m | -€4.4m | -€3.4m | ▲ 22.2% |
| Change in cash | - | €6.5m | -€8.7m | -€2.0m | -€1.0m | ▲ 50.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Resignations: Hanif Mohamed, Bjorn De Boer and 2 othersAppointments: Valéry de Fraipont, Alexis Trancart and Katia Wastchenko9 facts ▸
State Gazette act
Resignations: Hanif Mohamed, Bjorn De Boer and 2 others
Appointments: Valéry de Fraipont, Alexis Trancart and Katia Wastchenko9 facts ▸
- General meeting, 07-05-2026
- Director resignation, Hanif Mohamed (director)
- Director resignation, Bjorn De Boer (director)
- Director appointment, Valéry de Fraipont (director)
- General meeting, 28-07-2026
- Director resignation, Didier Berckmans (director)
- Director resignation, Reinhilde Vanhegel (director)
- Director appointment, Alexis Trancart (director)
- Director appointment, Katia Wastchenko (director)
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €1.6m
Net result €1.6m after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€572,559
Net result drops to -€572,559, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 102.89
Current ratio from 24.83 to 102.89; short-term debt falls from €275,061 to €123,247.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €50mEq €63.7m ▲110%
3 profitable years in a row build equity to €63.7m.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Liquidity doublescurrent ratio 71.91
Current ratio from 34.87 to 71.91; short-term debt falls from €536,531 to €240,362.
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 23 acts read
About the unread acts
Of the 23 Belgian State Gazette acts we know for this company, 1 has been read. The other 22 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26115584). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Valéry de Fraipont
CurrentDirector · since 07-05-2026
Alexis Trancart
CurrentDirector · since 28-07-2026
Katia Wastchenko
CurrentDirector · since 28-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
22 of this company's 23 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1952
Ground area
502 m²
Building footprint
502 m²
Volume, LiDAR
9,150 m³
Parcel 21805E0197/00N000, Brussels · tallest building 24.8 m, ±6 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
SOCIETE IMMOBILIERE ET FINANCI
since 19522.006.180.724
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0197/00N000 | Brussels | 502 m² | 1 · 502 m² | 24.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
7 people since 2026, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Valéry de Fraipont |
|
| Alexis Trancart |
|
| Katia Wastchenko |
|
| Didier Berckmans |
|
| Reinhilde Vanhegel |
|
| Bjorn De Boer |
|
| Hanif Mohamed |
|
Articles of association
Who signs
Two directors jointly
Board rule
One provision in the deed
Structure & network
Owners and holdings
8 holdings · 4 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 8
-
100%
- LES COLLINES DE WAVREsubsidiaryEquity €949,491Result -€21,248100%
-
100%
-
1.08%
-
1%
-
0.1%
-
0.06%
-
0.02%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
50%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
ATLANTIC CERTIFICATES 100%1 subsidiary
- PICARDIE INVEST 99.97%
- LES COLLINES DE WAVRE 100%
- Orban Finance 100%
According to the 2025 annual accounts of Société Immobilière et Financière Industrie Guimard and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
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Identification & contact
Identification
Legal formPublic limited company
Founded24-05-1952
Fiscal year end31-12
Abbreviation FR
Imofig
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0403363018
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.