Financials
Financial year 2025
Immorank en Co from Elsene, company number BE0423008684, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year Immorank en Co recorded a gross margin of € 2.5 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 110,466 to € 1.7 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 July 15, 2026.
€ 3.2 million
▲ 119% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ € 1.6 million vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ € 1.6 million 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 € 2.8 million.
People and assets in 2025
€ 42,113
▼ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 42,219
▲ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 121,488
▼ 16% vs 2024
€ 24,228 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 11,624
▲ 153% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,106
▲ 10% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,428 | € 103,440 | € 224,275 | € 2,543,599 | ▲ € 2.3 million |
| Profit after taxes | € 845,227 | € -86,868 | € 110,466 | € 1,722,202 | ▲ € 1.6 million |
| Equity | € 3,029,696 | € 2,942,828 | € 1,453,294 | € 3,175,497 | ▲ 119% |
| Total debts | € 223,575 | € 192,346 | € 1,168,408 | € 187,233 | ▼ 84% |
| Cash | € 681,596 | € 600,995 | € 442,611 | € 2,009,486 | ▲ € 1.6 million |
| Land & buildings | € 2,648,999 | € 2,635,918 | € 2,194,458 | € 2,013,229 | ▼ 8% |
| Retained profit | € 2,669,011 | € 2,582,143 | € 1,092,609 | € 2,814,812 | ▲ 158% |
| Dividend | € 0 | € 0 | € 1,600,000 | € 0 | ▼ 100% |
| Bank debt | € 191,468 | € 168,584 | € 145,260 | € 121,488 | ▼ 16% |
| Balance sheet total | € 3,562,780 | € 3,431,721 | € 2,866,224 | € 4,274,996 | ▲ 49% |
| Employees (FTE) | 1.1 | - | - | - |
Key figures of Immorank en Co, 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 Immorank en Co?
What happened at Immorank en Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ € 1.6 million vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 845,227 profit in 2022 to € 1.7 million profit in 2025.
Paid € 683 in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
On average € 81,300 of value added per employee in 2022.
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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 stake of UNIVERSAL EXPORT CORPORATION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immorank en CoBehind Immorank en Co is Richard Karayan. The shares are held by UNIVERSAL EXPORT CORPORATION (99.9%).
Directors
According to the 2025 annual accounts
Richard Karayan
Managing director
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Washingtonstraat 85
1050 Elsene
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
- 0423.008.684
- VAT number
- BE 0423.008.684
- Registered office
- Washingtonstraat 85, 1050 Elsene
- Names & denominations
- Immorank en Co
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1982
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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