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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
D'IETEREN IMMO from Elsene, company number BE0416911938, closed financial year 2025 with a result of € 5.4 million after tax. For that financial year D'IETEREN IMMO recorded revenue of € 28.6 million and equity of € 87.7 million. Compared with financial year 2024, the result moved from € 3.4 million to € 5.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 87.7 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.4 million
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 55.5 million.
People and assets in 2025
39.4
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▼ 13% vs 2024
€ 118,600 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.
€ 52.1 million
▲ 31% vs 2024
Of which on lease € 52 million.
Debts at end 2025
€ 117.7 million
▲ 10% vs 2024
€ 3.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 34 years.
€ 3.5 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 1.6 million
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,343,789 | € 25,474,644 | € 26,165,960 | € 28,628,542 | ▲ 9% |
| Profit after taxes | € 7,020,854 | € 4,355,433 | € 3,358,743 | € 5,374,037 | ▲ 60% |
| Equity | € 74,993,177 | € 79,287,618 | € 82,478,090 | € 87,710,344 | ▲ 6% |
| Total debts | € 78,464,154 | € 124,454,194 | € 138,482,639 | € 129,125,818 | ▼ 7% |
| Cash | € 665,788 | € 10,119,953 | € 3,061,709 | € 2,615,255 | ▼ 15% |
| Land & buildings | € 121,658,393 | € 121,880,596 | € 116,569,813 | € 118,698,030 | ▲ 2% |
| Retained profit | € 42,805,190 | € 47,099,631 | € 50,290,103 | € 55,522,356 | ▲ 10% |
| Bank debt | € 72,456,388 | € 109,703,724 | € 107,028,002 | € 117,691,160 | ▲ 10% |
| Balance sheet total | € 156,782,637 | € 206,818,615 | € 223,762,705 | € 219,648,484 | ▼ 2% |
| Employees (FTE) | 40.9 | 41.4 | 41.1 | 39.4 | ▼ 1.7 |
Key figures of D'IETEREN IMMO, 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 D'IETEREN IMMO?
What happened at D'IETEREN IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stephan Cammaert stepped down as director. NBB
- Steven Boel stepped down as director. NBB
- Amélie COENS stepped down as director. NBB
- Edouard JANSSEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.4 million (▲ 60% vs 2024). Source: NBB ↗
- Stephan Cammaert became a director. NBB
- Steven Boel became a director. NBB
- Edouard JANSSEN became a director. NBB
In short
From € 7 million profit in 2022 to € 5.4 million profit in 2025.
Paid € 8.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 7 million profit.
Pays suppliers within 29 days on average.
A new publication or filing at D'IETEREN IMMO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by D'Ieteren SA. It owns 50% of Business Park Herstal itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2029
Stephan Cammaert
Director
since 2025 · until 2031
Edouard JANSSEN
Director
since 2023 · until 2029
Steven Boel
Director
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Maliestraat 50
1050 Elsene
Leuvensesteenweg 326
1932 Zaventem
Active since 1 November 2016
Leuvensesteenweg 639
3071 Kortenberg
Active since 1 November 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →D'Ieteren Group same network
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€ -13,168 gross margin · 2025
ABAC SYSTEMS
€ 41,797 gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.911.938
- VAT number
- BE 0416.911.938
- Registered office
- Maliestraat 50, 1050 Elsene
- Names & denominations
- D'IETEREN IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1976
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen