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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
30 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO 55 from Genappe, company number BE0419071969, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year IMMO 55 recorded a gross margin of € 344,396 and equity of € 938,578. Compared with financial year 2024, the result moved from € -91,542 to € -1.3 million. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 938,578
▼ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ 1274 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,212
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
Debts at end 2025
€ 10.5 million
▲ 214% vs 2024
€ 219,760 is repaid this year. At this pace the long-term loan is gone in ≈ 47 years.
€ 119,000
▲ € 93,980 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,023 | € 217,026 | € 246,450 | € 344,396 | ▲ 40% |
| Profit after taxes | € -176,086 | € -168,792 | € -91,542 | € -1,257,900 | ▼ € 1.2 million |
| Equity | € -243,187 | € -411,980 | € 2,196,478 | € 938,578 | ▼ 57% |
| Total debts | € 3,693,226 | € 3,810,344 | € 3,598,725 | € 11,292,306 | ▲ 214% |
| Cash | € 8,436 | € 83,444 | € 9,979 | € 8,212 | ▼ 18% |
| Land & buildings | € 3,426,884 | € 3,271,099 | € 5,769,373 | € 12,114,462 | ▲ 110% |
| Retained profit | € -305,687 | € -474,480 | € -566,022 | € -1,823,922 | ▼ € 1.3 million |
| Bank debt | € 3,337,467 | € 3,459,314 | € 3,339,141 | € 10,468,834 | ▲ 214% |
| Balance sheet total | € 3,450,038 | € 3,398,364 | € 5,795,203 | € 12,230,884 | ▲ 111% |
Key figures of IMMO 55, 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 55?
What happened at IMMO 55 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AXIAL INVEST SA stepped down as director. NBB
- Frédéric DAWANS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- AXIAL INVEST SA became a director. NBB
- Frédéric DAWANS became a director. NBB
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 176,087 loss in 2022 to € 1.3 million loss in 2025.
Management
The stake of SERIE, AXIAL INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO 55The shares are held by SERIE (100%) and AXIAL INVEST.
Directors
According to the 2025 annual accounts
Director · represented by Hélène EVRARD
Also active at: SERIE, Ristorit, CONTINENTAL PROPERTIES, STRAUVEN, BELLIM, SEGONNES, MICHEL ANGELO VASTGOED MAATSCHAPPIJ, CHARITY TWO +9 more
since 2017 · until 2027
Frédéric DAWANS
Managing director
Also active at: SERIE, Ristorit, Tricorne, COMPAGNIE FRANCOIS DE GESTION, CONTINENTAL PROPERTIES, STRAUVEN, CESAR, AXIAL INVEST +16 more
since 2017 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Forge 10
1470 Genappe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
All companies at this address →D4-INVEST
€ 261,589 gross margin · 2025
SERIE same network
€ 1 million gross margin · 2025
Ristorit same network
€ 2 million gross margin · 2025
Tricorne same network
€ -6,146 gross margin · 2025
MAESTRIA OFFICE
€ 2.7 million gross margin · 2025
+25 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
- 0419.071.969
- VAT number
- BE 0419.071.969
- Registered office
- Rue de la Forge 10, 1470 Genappe
- Names & denominations
- IMMO 55
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1979
- Peppol
- Active · Active since 4 Jan 2026