Financials
Financial year 2025
IMMO - 47 from Lokeren, company number BE0417908662, closed financial year 2025 with a result of € 245,011 after tax. For that financial year IMMO - 47 recorded a gross margin of € 427,563 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 25,706 to € 245,011. 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 September 7, 2026.
€ 3.6 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 245,011
▲ € 219,305 vs 2024
Profit after tax over the fiscal year.
€ 61,595
▲ 33% 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 € 1.9 million.
People and assets in 2025
2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 91,147
▲ 21% vs 2024
€ 45,600 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.
€ 4,408
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▼ 13% vs 2024
€ 511,751 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 409,310
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 71,165
▲ 114% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,125,382 | € 647,976 | € 414,499 | € 427,563 | ▲ 3% |
| Profit after taxes | € 849,729 | € -135,880 | € 25,706 | € 245,011 | ▲ € 219,305 |
| Equity | € 3,701,153 | € 3,565,273 | € 3,344,627 | € 3,589,638 | ▲ 7% |
| Total debts | € 5,775,077 | € 5,237,879 | € 4,812,824 | € 4,868,348 | ▲ 1% |
| Cash | € 35,746 | € 31,538 | € 46,140 | € 61,595 | ▲ 33% |
| Land & buildings | € 7,050,059 | € 6,390,247 | € 6,241,398 | € 6,212,802 | |
| Retained profit | € 1,876,472 | € 1,740,592 | € 1,634,470 | € 1,879,481 | ▲ 15% |
| Bank debt | € 4,933,600 | € 4,595,155 | € 4,084,067 | € 3,563,497 | ▼ 13% |
| Balance sheet total | € 9,836,006 | € 9,162,927 | € 8,517,226 | € 8,817,761 | ▲ 4% |
| Employees (FTE) | 3 | 2.1 | 2.1 | 2 | ▼ 0.1 |
Key figures of IMMO - 47, 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 IMMO - 47?
What happened at IMMO - 47 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 245,011 (▲ € 219,305 vs 2024). filed late Source: NBB ↗
- Christophe Engels stepped down as director. NBB
- Cédric Engels stepped down as director. NBB
- ENGELS B&E BV stepped down as director. NBB
- Cédric Engels became a director. NBB
- Christophe Engels became a director. NBB
- ENGELS B&E BV became a director. NBB
- New establishment in Lokeren. KBO
In short
From € 849,729 profit in 2022 to € 245,011 profit in 2025.
Paid € 377,880 in corporate taxes since 2022.
Best year ever: 2022, with € 849,729 profit.
On average € 213,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Christophe Engels
Managing director
Also active at: EDMOND, COCOCINEL, CASTIBO, ENGELS BRUGGE, ENGELS, EOS, SONHOUSE GROUP
since 2005 · until 2026
Cédric Engels
Director
Also active at: ENGELS WOOD FACTORY, EDMOND, Sonhouse Flanders, Avista Aluminium, COCOCINEL, HERMANO, THINK TOMATO, Sonhouse Wallonie +1 more
since 2008 · until 2026
Managing director · represented by Engels Didier
Also active at: ENGELS WOOD FACTORY, DM, Avista Aluminium, AC WINDOWS, COCOCINEL, CASTIBO, SDW Windows, EWG +3 more
since 2005 · until 2026
Establishments
Establishment units
Physical locations of this company
Gentse Steenweg 136
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ENGELS WOOD FACTORY same network
€ 7.7 million revenue · 2025
DM same network
€ -8,788 gross margin · 2025
ENGELS GROEP
Peppy
€ 233,057 gross margin · 2025
SDW Windows same network
€ -6,116 gross margin · 2025
+4 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
- 0417.908.662
- VAT number
- BE 0417.908.662
- Registered office
- Gentse Steenweg 136, 9160 Lokeren
- Names & denominations
- IMMO - 47
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1978
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ondersteunende diensten in verband met de bosbouw
Diensten verwant aan de bosbouw en de bosexploitatie