Financials
Financial year 2025
Immobiliaire Investeringsmaatschappij Den Arend from Brugge, company number BE0416024882, closed financial year 2025 with a result of € -22,578 after tax. For that financial year Immobiliaire Investeringsmaatschappij Den Arend recorded a gross margin of € 152,543 and equity of € 110,929. Compared with financial year 2024, the result moved from € 44,562 to € -22,578. The company made a loss. The buffer shrank hard: equity is 81 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 110,929
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,578
▼ still € 44,562 profit in 2024
Profit after tax over the fiscal year.
€ 159,548
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 48,929.
People and assets in 2025
5.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 86,446
▲ 25% vs 2024
€ 16,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,064
▲ 184% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 233,084
€ 21,207 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 32,773
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,581
▲ 208% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 306,542 | € 404,599 | € 200,716 | € 152,543 | ▼ 24% |
| Profit after taxes | € 164,580 | € 200,513 | € 44,562 | € -22,578 | ▼ € 67,141 |
| Equity | € 538,945 | € 538,945 | € 583,508 | € 110,929 | ▼ 81% |
| Total debts | € 64,135 | € 137,881 | € 86,227 | € 340,454 | ▲ 295% |
| Cash | € 342,090 | € 404,909 | € 214,513 | € 159,548 | ▼ 26% |
| Land & buildings | € 61,297 | € 60,181 | € 129,680 | € 225,910 | ▲ 74% |
| Retained profit | € 476,945 | € 476,945 | € 521,508 | € 48,929 | ▼ 91% |
| Dividend | € 0 | € 200,513 | € 0 | € 450,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 233,084 | |
| Balance sheet total | € 603,080 | € 676,826 | € 669,734 | € 451,383 | ▼ 33% |
| Employees (FTE) | - | 2.4 | 5.2 | 5.3 | ▲ 0.1 |
Key figures of Immobiliaire Investeringsmaatschappij Den Arend, 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 Immobiliaire Investeringsmaatschappij Den Arend?
What happened at Immobiliaire Investeringsmaatschappij Den Arend in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,578 (▼ € 67,141 vs 2024). Source: NBB ↗
- Nzadi BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 164,580 profit in 2022 to € 22,578 loss in 2025.
Paid € 98,981 in corporate taxes since 2022.
Best year ever: 2023, with € 200,513 profit.
On average € 28,800 of value added per employee in 2025.
Management
The stake of Nzadi comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immobiliaire Investeringsmaatschappij Den ArendBehind Immobiliaire Investeringsmaatschappij Den Arend is Nzadi BV. The shares are held by Nzadi (100%).
Establishments
Establishment units
Physical locations of this company
Sint-Annarei 26
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0416.024.882
- VAT number
- BE 0416.024.882
- Registered office
- Sint-Annarei 26, 8000 Brugge
- Names & denominations
- Immobiliaire Investeringsmaatschappij Den Arend · Den Arend
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1976
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant
Hotels en motels, zonder restaurant