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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 2.4 to 1.
Financials
Financial year 2024
Immovas from Beersel, company number BE0419768191, closed financial year 2024 with a result of € -221,173 after tax. For that financial year Immovas recorded revenue of € 25,000 and equity of € -124,758. Compared with financial year 2023, the result moved from € 147,521 to € -221,173. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 12, 2025.
€ -124,758
▼ € 221,173 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -221,173
▼ still € 147,521 profit in 2023
Profit after tax over the fiscal year.
€ 89,252
▲ € 71,069 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -324,569.
People and assets in 2024
1
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 63,438
▲ 5% vs 2023
€ 63,400 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 245,786
▼ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 371 days on average.
€ 4,796
▲ 7% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 107,868 | € 119,839 | € 89,553 | € 25,000 | ▼ 72% |
| Profit after taxes | € -334,192 | € -779,363 | € 147,521 | € -221,173 | ▼ € 368,694 |
| Equity | € 728,257 | € -51,106 | € 96,415 | € -124,758 | ▼ € 221,173 |
| Total debts | € 4,768,168 | € 4,915,664 | € 6,327,472 | € 6,641,252 | ▲ 5% |
| Cash | € 1,948 | € 263 | € 18,183 | € 89,252 | ▲ € 71,069 |
| Land & buildings | € 1,725,326 | € 1,715,224 | € 1,702,004 | € 1,689,466 | ▼ 1% |
| Retained profit | € 528,446 | € -250,917 | € -103,396 | € -324,569 | ▼ € 221,173 |
| Balance sheet total | € 5,496,424 | € 4,864,558 | € 6,423,887 | € 6,516,494 | ▲ 1% |
| Employees (FTE) | 2.4 | 2.4 | 1.5 | 1 | ▼ 0.5 |
Key figures of Immovas, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Immovas?
What happened at Immovas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joseph Vastiau stepped down as director. NBB
- Agnes Van Obbergen stepped down as director. NBB
- Eric Vastiau stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 221,173 (▼ € 368,694 vs 2023). filed late Source: NBB ↗
- Joseph Vastiau became a director. NBB
- Agnes Van Obbergen became a director. NBB
- Eric Vastiau became a director. NBB
- New establishment in Beersel. KBO
In short
From € 334,192 loss in 2021 to € 221,173 loss in 2024.
Best year ever: 2023, with € 147,521 profit.
Management
The stake of VASAL, UP-DATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ImmovasThe shares are held by VASAL (97.7%) and UP-DATE (1.2%).
Directors
According to the 2024 annual accounts
Joseph Vastiau
Managing director
since 2021 · until 2027
Agnes Van Obbergen
Director
since 2021 · until 2027
Eric Vastiau
Managing director
Also active at: Immobilière Le Lido, DE VERENIGDE MEUBELFABRIEKEN, V.B.M., MEUBELEN VERBERCKMOES, INTERNATIONAL INTERIOR GROUP, UP-DATE
since 2021 · until 2027
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenweg naar Halle 1
1652 Beersel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Etablissementen Vastiau Godeau
€ 8.8 million revenue · 2022
Immobilière Le Lido same network
€ 20,103 gross margin · 2024
GEVETRA
€ 800,494 revenue · 2021
VASAL same network
€ 103,319 revenue · 2025
Groep V - G
+2 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
- 0419.768.191
- VAT number
- BE 0419.768.191
- Registered office
- Steenweg naar Halle 1, 1652 Beersel
- Names & denominations
- Immovas
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1979
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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