What is the address of Immobilière de la Sapinière?

The registered office of Immobilière de la Sapinière is located at Vleurgatse Steenweg 213, 1050 Elsene.

Is Immobilière de la Sapinière still active?

Yes. According to the CBE (29 October 2026) Immobilière de la Sapinière is active, legal situation “Normale toestand”, started on 14 March 1983.

Is Immobilière de la Sapinière registered on Peppol?

No, Immobilière de la Sapinière is currently not registered on the Peppol network.

What is the enterprise number of Immobilière de la Sapinière?

The enterprise number of Immobilière de la Sapinière is BE0423791020.

When was Immobilière de la Sapinière founded?

Immobilière de la Sapinière was founded on 14 March 1983.

Is Immobilière de la Sapinière a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 March 1983; 5 annual accounts filed, latest fiscal year 2025.

How much profit did Immobilière de la Sapinière make in 2025?

Immobilière de la Sapinière posted a profit after taxes of € 83,162 in financial year 2025.

What is the revenue of Immobilière de la Sapinière?

In its most recent annual accounts (2025), Immobilière de la Sapinière reported revenue of € 194,820.

Immobilière de la Sapinière (Public Limited) - Elsene

Dossier Immobilière de la Sapinière, printed on 29 October 2026 from databakkes.be/en/0423791020/immobiliere-de-la-sapiniere. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

Immobilière de la Sapinière from Elsene, company number BE0423791020, closed financial year 2025 with a result of € 83,162 after tax. For that financial year Immobilière de la Sapinière recorded revenue of € 194,820 and equity of € 434,083. Compared with financial year 2024, the result moved from € 86,078 to € 83,162. The company is profitable. 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 April 14, 2026.

What it is worth Growing

€ 434,083

▲ 24% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 83,162

▼ 3% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,889

▼ 41% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -1.4 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5,440

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 168,930 Revenue 2022: € 168,930 First fiscal year in the series	€ 180,780 Revenue 2023: € 180,780 ▲ 7% vs 2022 (€ 168,930) Favourable step	€ 188,130 Revenue 2024: € 188,130 ▲ 4% vs 2023 (€ 180,780) Favourable step	€ 194,820 Revenue 2025: € 194,820 ▲ 4% vs 2024 (€ 188,130) Favourable step	▲ 4%
Gross margin	€ 142,778 Gross margin 2022: € 142,778 First fiscal year in the series	€ 152,539 Gross margin 2023: € 152,539 ▲ 7% vs 2022 (€ 142,778) Favourable step	€ 158,867 Gross margin 2024: € 158,867 ▲ 4% vs 2023 (€ 152,539) Favourable step	€ 155,951 Gross margin 2025: € 155,951 ▼ 2% vs 2024 (€ 158,867) Unfavourable step	▼ 2%
Profit after taxes	€ 69,989 Profit after taxes 2022: € 69,989 First fiscal year in the series	€ 79,750 Profit after taxes 2023: € 79,750 ▲ 14% vs 2022 (€ 69,989) Favourable step	€ 86,078 Profit after taxes 2024: € 86,078 ▲ 8% vs 2023 (€ 79,750) Favourable step	€ 83,162 Profit after taxes 2025: € 83,162 ▼ 3% vs 2024 (€ 86,078) Unfavourable step	▼ 3%
Equity	€ 185,093 Equity 2022: € 185,093 First fiscal year in the series	€ 264,843 Equity 2023: € 264,843 ▲ 43% vs 2022 (€ 185,093) Favourable step	€ 350,921 Equity 2024: € 350,921 ▲ 33% vs 2023 (€ 264,843) Favourable step	€ 434,083 Equity 2025: € 434,083 ▲ 24% vs 2024 (€ 350,921) Favourable step	▲ 24%
Total debts	€ 672,377 Total debts 2022: € 672,377 First fiscal year in the series	€ 533,702 Total debts 2023: € 533,702 ▼ 21% vs 2022 (€ 672,377) Favourable step	€ 366,752 Total debts 2024: € 366,752 ▼ 31% vs 2023 (€ 533,702) Favourable step	€ 207,372 Total debts 2025: € 207,372 ▼ 43% vs 2024 (€ 366,752) Favourable step	▼ 43%
Cash	€ 2,533 Cash 2022: € 2,533 First fiscal year in the series	€ 16,397 Cash 2023: € 16,397 ▲ € 13,864 vs 2022 (€ 2,533) Favourable step	€ 8,318 Cash 2024: € 8,318 ▼ 49% vs 2023 (€ 16,397) Unfavourable step	€ 4,889 Cash 2025: € 4,889 ▼ 41% vs 2024 (€ 8,318) Unfavourable step	▼ 41%
Land & buildings	€ 854,934 Land & buildings 2022: € 854,934 First fiscal year in the series	€ 782,145 Land & buildings 2023: € 782,145 ▼ 9% vs 2022 (€ 854,934) Unchanged	€ 709,355 Land & buildings 2024: € 709,355 ▼ 9% vs 2023 (€ 782,145) Unchanged	€ 636,566 Land & buildings 2025: € 636,566 ▼ 10% vs 2024 (€ 709,355) Unchanged	▼ 10%
Retained profit	€ -1,671,907 Retained profit 2022: € -1,671,907 First fiscal year in the series	€ -1,592,157 Retained profit 2023: € -1,592,157 ▲ € 79,750 vs 2022 (€ -1,671,907) Favourable step	€ -1,506,079 Retained profit 2024: € -1,506,079 ▲ € 86,078 vs 2023 (€ -1,592,157) Favourable step	€ -1,422,917 Retained profit 2025: € -1,422,917 ▲ € 83,162 vs 2024 (€ -1,506,079) Favourable step	▲ € 83,162
Balance sheet total	€ 857,470 Balance sheet total 2022: € 857,470 First fiscal year in the series	€ 798,545 Balance sheet total 2023: € 798,545 ▼ 7% vs 2022 (€ 857,470) Unchanged	€ 717,673 Balance sheet total 2024: € 717,673 ▼ 10% vs 2023 (€ 798,545) Unchanged	€ 641,455 Balance sheet total 2025: € 641,455 ▼ 11% vs 2024 (€ 717,673) Unchanged	▼ 11%

Key figures of Immobilière de la Sapinière, 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 Immobilière de la Sapinière?

What happened at Immobilière de la Sapinière in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 14, 2026 New annual accounts for financial year 2025: profit of € 83,162 (▼ 3% vs 2024). Source: NBB ↗
Mar 14, 1983 New establishment in Elsene. KBO
Mar 14, 1983 Start of the company according to the CBE. KBO

In short

From € 69,989 profit in 2022 to € 83,162 profit in 2025.

Best year ever: 2024, with € 86,078 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Vleurgatse Steenweg 213

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0423.791.020
VAT number: BE 0423.791.020
Registered office: Vleurgatse Steenweg 213, 1050 Elsene
Names & denominations: Immobilière de la Sapinière
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 14 March 1983
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

Immobilière de la Sapinière