Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Immobiliën IVG from Gent, company number BE0400035918, closed financial year 2025 with a result of € -20,185 after tax. For that financial year Immobiliën IVG recorded a gross margin of € 19,955 and equity of € 319,868. Compared with financial year 2024, the result moved from € -19,985 to € -20,185. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 319,868
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,185
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,873
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,064.
Debts at end 2025
€ 90,646
▼ 13% vs 2024
€ 14,387 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,031 | € 47,515 | € 18,935 | € 19,955 | ▲ 5% |
| Profit after taxes | € 14,241 | € 7,771 | € -19,985 | € -20,185 | ▼ € 200 |
| Equity | € 352,267 | € 360,038 | € 340,053 | € 319,868 | ▼ 6% |
| Total debts | € 144,243 | € 120,893 | € 103,989 | € 90,646 | ▼ 13% |
| Cash | € 5,386 | € 8,796 | € 19,797 | € 21,873 | ▲ 10% |
| Land & buildings | € 484,980 | € 448,709 | € 412,437 | € 376,549 | ▼ 9% |
| Retained profit | € 4,335 | € 12,106 | € -7,879 | € -28,064 | ▼ € 20,185 |
| Bank debt | € 144,243 | € 120,893 | € 103,989 | € 90,646 | ▼ 13% |
| Balance sheet total | € 496,510 | € 480,931 | € 444,042 | € 410,515 | ▼ 8% |
Key figures of Immobiliën IVG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Immobiliën IVG?
What happened at Immobiliën IVG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wouter De Ruyter stepped down as director. NBB
- Denis Pylyser stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20,185. Source: NBB ↗
- Wouter De Ruyter became a director. NBB
- Denis Pylyser became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,241 profit in 2022 to € 20,185 loss in 2025.
Best year ever: 2022, with € 14,241 profit.
Management
Directors
According to the 2025 annual accounts
Wouter De Ruyter
Director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Nederkouter 112
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.035.918
- VAT number
- BE 0400.035.918
- Registered office
- Nederkouter 112, 9000 Gent
- Names & denominations
- Immobiliën IVG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1953
- Peppol
- Active · Active since 17 Jun 2026