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TARGET PLUS

Absorbed by IMMOBILIÈRE DE SART-MESSIRE-GUILLAUME Public limited companyKBO/BCE: BE 0465.291.479 subsidiary of
Part of the group 9 companies
TARGET PLUS
Financial year 2025
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Annual accounts 2025

micro format, filed on 26-02-2026, 26 days late
€6,720
▼ 81.2%
-€40,392
▼ €210,811
€1,218
▼ 99.4%
€3,387
▼ 98.0%
44.5%
▲ 8.6 percentage points
0.26
▼ 0.28

The turnover shown is an estimate from the gross margin.

Turnover ≈ €51,000. Estimated: probably between €23,000 and €120,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.1m on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202023 months20182017201620152014201320122011200920082007
Balance sheet: assets
20/58 1.1m1.4m2.5m2.8m3.0m3.2m3.6m4.1m4.1m7.5m8.3m5.5m5.5m4.3m4.3m4.2m4.6m
21/28 900,576940,652982,7601.0m1.1m804,842858,734991,0861.3m5.5m6.4m4.1m4.2m3.8m3.9m3.8m4.3m
21 -------96,27296,2729,56813,86712,43013,792-16,477--
22/27 900,576940,652982,7601.0m1.1m804,842858,734894,8141.2m3.5m4.5m2.1m2.2m1.9m2.0m2.1m2.6m
22 899,178940,652982,7601.0m1.1m804,842858,510894,2781.2m1.3m2.1m2.1m2.2m1.9m1.9m1.9m1.8m
23 -----------7651,5692,3735,1886,7067,818
24 1,398-----22453620,8051,3082,9855,9739,2075,3531,8464,1982,938
26 ----------------42,869
28 ---------2.0m2.0m2.0m2.0m1.9m1.9m1.7m1.7m
29/58 154,033474,2911.5m1.7m1.9m2.4m2.7m3.1m2.8m2.1m1.8m1.4m1.3m456,627387,363376,867335,617
40/41 512126,800230,000230,000330,000415,930390,000407,531411,1331.1m935,979462,934325,874439,566141,694210,514170,920
40 512----25,930--11,68327,04226,5562,223-169,54228,54328,417135,278
41 -126,800230,000230,000330,000390,000390,000407,531399,4501.1m909,423460,711325,874270,023113,151182,09835,642
50/53 --898,501898,501898,501898,501898,501898,501898,501898,501898,501898,501898,501----
54/58 152,411341,956414,178598,674708,1921.1m1.4m1.8m1.5m22,6681,30016,93926,0275,786237,075158,002156,998
490/1 1,1105,5361,0179071,6301,5881,563--5,7683,2043,7375,08211,2758,5948,3507,699
Balance sheet: equity and liabilities
10/49 1.1m1.4m2.5m2.8m3.0m3.2m3.6m4.1m4.1m7.5m8.3m5.5m5.5m4.3m4.3m4.2m4.6m
10/15 469,543507,765381,303379,204407,025510,902651,797814,756585,4551.0m932,489975,534913,1291.0m679,124652,115599,211
10/11 102,750102,750102,750102,750102,750102,750102,750102,750102,75061,50061,50061,50061,50061,50061,50061,50061,500
10 102,750102,750102,750102,750-------------
100 102,750102,750102,750102,750102,750102,750102,750102,750102,75061,50061,50061,50061,50061,50061,50061,50061,500
13 929,041929,041929,041929,0411.1m1.1m1.2m1.3m1.1m986,931929,041929,041929,04230,54030,54030,54030,540
130/1 30,54030,540929,041929,041929,041898,501898,501898,501898,501898,501898,501898,501898,502----
130 30,54030,54030,54030,54030,54030,54030,54030,54030,54130,54030,54030,54030,54030,54030,54030,54030,540
1312 --898,501898,501-898,501898,501898,501898,501898,501898,501898,501898,502----
132 ----159,556159,556275,973333,862141,66357,890-------
133 898,501898,501---------------
14 -562,249-524,026-650,488-652,587-784,323-680,446-655,967-550,897-588,000-30,516-58,052-15,007-77,413919,656587,083560,075507,170
16 --827,0631.0m1.3m1.6m2.2m2.5m2.8m3.3m3.3m3.4m3.4m2.6m2.6m2.6m2.5m
160/5 --827,0631.0m1.3m1.5m2.0m2.4m2.7m3.3m3.3m3.4m3.4m2.6m2.6m2.6m2.5m
163 --827,063--------------
164/5 ---1.0m1.3m1.5m2.0m2.4m---------
168 ----79,77879,778137,986166,927117,16028,941-------
17/49 585,066907,1781.3m1.4m1.2m1.1m758,521771,543672,1973.2m4.0m1.1m1.1m740,4391.1m939,8321.5m
17 -27,44081,505134,502186,452237,376332,185380,231427,326942,9812.8m548,354628,018320,268375,753245,800237,068
170/4 -27,44081,505134,502186,452237,376332,185380,231427,326942,9812.8m548,354628,018320,268375,753245,800237,068
42/48 582,907877,7261.2m1.2m1.1m848,045426,336391,312244,8712.1m1.2m589,952467,649417,319665,806682,0361.3m
42 -54,06552,99751,95050,92449,91848,04547,09646,166158,104178,02879,66481,91272,49768,37441,60127,406
43 ---------1.1m302,806-328,750277,70618,750206,8041.1m
430/8 ----------302,806-328,750277,70618,750206,8041.1m
439 ---------1.1m-------
44 2,3702,8141251,377-450609643,6872,23210,35326,08711,32422,1612,66919,43656,982
440/4 2,3702,8141251,377-450609643,6872,23210,35326,08711,32422,1612,66919,43656,982
46 ---------15,000--37,181----
45 -45,59737818,424---5,06915,50721,10912,80513,3468,48340,36228,7789,37788,644
450/3 -45,59737818,424---5,06915,50721,10912,80513,3468,48340,36228,7789,37788,644
47/48 580,537775,2491.2m1.2m1.0m797,677378,231338,183179,511795,392702,818470,855-4,593547,235404,8188,019
492/3 2,1592,0121,8361,8211,7773,416---141,141--22,1552,8529,27511,9952,279
Income statement
70 ----------655,196657,499-----
76A --------76,772-14,900-34,06927,161---
9900 6,72035,82636,51234,99925,12133,149-37,647331,203216,508750,485501,463437,621248,466219,101412,584555,311445,800
60/61 ----------153,733219,878-----
630 41,61042,10842,09641,85040,72963,407132,35336,81370,727194,403215,207105,858120,566111,712108,35496,257119,437
631/4 -----------43,836------
635/8 --182,111-174,518-257,981-257,981-515,962-333,861-333,861-591,884-45,436--41,266--60,00029,99937,41653,759
640/8 5,5025,4104,7504,1253,63914,5599,6949,859412,78721,50975,38821,45116,47130,58717,20847,256119,682
66A --------515,545-627-3,960--160,7519,405
9901 -40,392170,419164,184247,004238,734471,145154,167618,392324,878580,009254,704351,578111,429136,803257,024374,382152,922
75/76B 4,6474,50011,0807,701-15,40607896317,71493,68214,10810,4455,31123916,307
75 4,6474,50011,0807,701-15,40607896317,71493,68214,10810,4455,31123916,307
65/66B 2,4782,859172,788343,880342,611687,678346,067346,953374,314468,105312,032252,848254,232172,840196,408226,369164,635
65 2,4782,859172,788343,880342,611687,678346,067346,953374,314468,105312,032252,848254,232172,840196,408226,369164,635
9903 -38,223172,0602,477-89,174-103,877-201,127-191,900271,517-487,246129,618-43,046102,412-98,5861,56965,926-12,499-4,811
780 ---79,778-------------
67/77 -45,59737818,424--2,024--7,55172,86915,252-4-18-24,918-65,4032,805
9904 -38,223126,4622,099-27,821-103,877-140,895-162,959198,413-558,36185,426-43,046102,408-98,5681,56941,00952,904-7,616
789 ---159,556-116,41757,890-877--------
689 -------161,310-57,890-------
9905 -38,223126,4622,099131,735-103,877-24,478-105,07037,103-557,48427,536-43,046102,408-98,5681,56941,00952,904-7,616
Appropriation of the result
9906 -562,249-524,026-650,488-652,587-784,323-680,446-655,967-550,897-588,000-30,516-58,05224,993821,088919,656601,083560,075507,170
14P -524,026-650,488-652,587-784,323-------------
691/2 ------------898,502----
6921 ------------898,502----
694/7 -----------40,000--14,000--
695 -----------40,000--14,000--
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 26-02-2026.

Download as CSV

Filings

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

2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00048134.

Financial year Type Filed Reference Document
30-06-2025 micro format 26-02-2026 2026-00048134 PDF
30-06-2024 micro format 31-01-2025 2025-00022867 PDF
30-06-2023 micro format 30-01-2024 2024-00024673 PDF
30-06-2022 full format 10-02-2023 2023-00026465 PDF
30-06-2021 full format 03-01-2022 2022-00100517 PDF
30-06-2020 full format 13-01-2021 2021-00800379 PDF
31-07-2018 full format 31-01-2019 2019-03100190 PDF
31-07-2017 full format 27-02-2018 2018-05500195 PDF
31-07-2016 full format 14-03-2017 2017-06100570 PDF
31-07-2015 full format 24-02-2016 2016-04900086 PDF
31-07-2014 full format 09-02-2015 2015-03900386 PDF
31-07-2013 full format 19-03-2014 2014-06600567 PDF
31-07-2012 full format 15-03-2013 2013-06600108 PDF
31-07-2011 full format 28-03-2012 2012-07100292 PDF
31-07-2009 full format 17-03-2010 2010-06700207 PDF
31-07-2008 full format 31-03-2009 2009-09400336 PDF
31-07-2007 full format 31-03-2008 2008-08400287 PDF
31-07-2006 full format 30-03-2007 2007-10705013 PDF
31-07-2005 full format 28-02-2006 2006-06002460 PDF
31-07-2004 full format 25-02-2005 2005-06004125 PDF
31-07-2003 full format 02-03-2004 2004-06001921 PDF
31-07-2002 full format 02-03-2004 2004-06001907 PDF
31-07-2001 full format 10-11-2004 2004-78100197 PDF
31-07-2000 full format 11-01-2002 2002-01301236 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202023 months20182017201620152014201320122011200920082007
1,218212,527206,280288,855279,463534,552286,520655,205395,605774,412469,911457,436231,995248,514365,377470,639272,359
3,387168,57044,19514,030-63,148-77,488-30,607235,226-487,634279,829172,161208,26621,998113,280149,362149,161111,821
1,534068110,792291,1209,51612,480135,63812,0322.5m3,067484,44451,457265,867337,7301.1m
-189,545-72,222-184,497-109,518-368,007-356,813-390,462362,9611.4m21,368-15,639-9,08820,240-79,0731,004-
-428,874-403,435308,947492,934879,3611.5m2.3m2.7m2.5m-56,986632,174792,159787,83439,308-278,443-305,170-933,217
----------38.9%53.5%-----
44.5%35.9%15.1%13.8%13.6%16.0%18.2%19.8%14.4%13.5%11.3%17.7%16.7%23.5%15.7%15.7%12.9%
0.260.541.251.401.832.826.398.0011.310.971.522.342.681.090.580.550.26
1.251.793.463.623.062.131.160.951.153.154.281.171.220.731.551.442.52
-8.1%24.9%0.6%-7.3%-25.5%-27.6%-25.0%24.4%-95.4%8.4%-4.6%10.5%-10.8%0.2%6.0%8.1%-1.3%
-3.6%8.9%0.1%-1.0%-3.5%-4.4%-4.5%4.8%-13.7%1.1%-0.5%1.9%-1.8%0.0%0.9%1.3%-0.2%
0.4974.341.190.84-------------
----------15 days1 day-----
----------25 days43 days-----

EBIT margin: not included in this filing.

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
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€1,534-€681€10,792
€41,610€42,108€42,096€41,850

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on TARGET PLUS

The operating result for 2025 is a loss of €40,392, after a profit of €170,419 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total falls from 64.1% to 55.5%. Equity and debt are lower.

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