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.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Immocena from Grez-Doiceau, company number BE0403371926, closed financial year 2025 with a result of € -6,757 after tax. For that financial year Immocena recorded a gross margin of € 408,450 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -8,803 to € -6,757. 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 August 31, 2026.
€ 2.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,757
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 639
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
People and assets in 2025
€ 8,131
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 8% vs 2024
€ 283,942 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 145,310
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,026
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 359,691 | € 395,323 | € 428,371 | € 408,450 | ▼ 5% |
| Profit after taxes | € -23,805 | € -33,880 | € -8,803 | € -6,757 | ▲ € 2,046 |
| Equity | € 2,616,956 | € 2,583,076 | € 2,574,272 | € 2,571,283 | |
| Total debts | € 4,025,092 | € 3,800,078 | € 3,662,190 | € 3,581,544 | ▼ 2% |
| Cash | € 7,731 | € 720 | € 8,835 | € 639 | ▼ 93% |
| Land & buildings | € 5,549,622 | € 5,328,480 | € 5,092,134 | € 4,855,788 | ▼ 5% |
| Retained profit | € 2,460,783 | € 2,426,901 | € 2,418,097 | € 2,411,340 | |
| Bank debt | € 3,839,592 | € 3,563,043 | € 3,289,365 | € 3,010,536 | ▼ 8% |
| Balance sheet total | € 7,533,013 | € 7,236,259 | € 7,051,706 | € 6,930,211 | ▼ 2% |
Key figures of Immocena, 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 Immocena?
What happened at Immocena in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,757. filed late Source: NBB ↗
- ALICE KAGWESAGE became a director. NBB
- HERVE DE LIEDEKERKE stepped down as director. NBB
- HERVE DE LIEDEKERKE became a director. NBB
- New establishment in Elsene. KBO
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,805 loss in 2022 to € 6,757 loss in 2025.
Paid € 157,232 in corporate taxes since 2022.
Management
Behind Immocena is ALICE KAGWESAGE. It owns 100% of ASPHAN itself.
Directors
According to the 2025 annual accounts
ALICE KAGWESAGE
Managing director
since 2025
since 2009 · until 2025
Establishments
Establishment units
Physical locations of this company
Drève de Laurensart 2
1390 Grez-Doiceau
Louis Hymansstraat 10
1050 Elsene
Active since 30 December 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0403.371.926
- VAT number
- BE 0403.371.926
- Registered office
- Drève de Laurensart 2, 1390 Grez-Doiceau
- Names & denominations
- Immocena
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 1956
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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