Financials
Financial year 2024
Immobiliën De Swaef from Gent, company number BE0428890349, closed financial year 2024 with a result of € 1.7 million after tax. For that financial year Immobiliën De Swaef recorded a gross margin of € 2.5 million and equity of € 6 million. Compared with financial year 2023, the result moved from € -22,255 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 30, 2025.
€ 6 million
▲ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ still € 22,255 loss in 2023
Profit after tax over the fiscal year.
€ 245,647
▲ 200% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 258,379 paid out
15 % of the profit went to the shareholders, mostly to HIDE (99 % of the shares). That is where the money ends up.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 227,096
▼ 91% vs 2023
€ 42,988 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 206,111
▲ 128% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 273,508 | € 240,663 | € 181,459 | € 2,450,737 | ▲ € 2.3 million |
| Profit after taxes | € 34,562 | € 17,901 | € -22,255 | € 1,686,454 | ▲ € 1.7 million |
| Equity | € 4,537,385 | € 4,555,286 | € 4,533,031 | € 5,961,106 | ▲ 32% |
| Total debts | € 2,104,229 | € 1,753,307 | € 2,668,854 | € 1,753,726 | ▼ 34% |
| Cash | € 8,796 | € 19,300 | € 81,861 | € 245,647 | ▲ 200% |
| Land & buildings | € 4,234,235 | € 4,044,437 | € 3,860,686 | € 3,468,743 | ▼ 10% |
| Retained profit | € 2,878,885 | € 2,896,786 | € 2,874,531 | € 4,302,606 | ▲ 50% |
| Dividend | € 0 | € 0 | € 0 | € 258,379 | |
| Bank debt | € 1,809,111 | € 1,492,434 | € 2,433,776 | € 227,096 | ▼ 91% |
| Balance sheet total | € 7,500,835 | € 7,126,024 | € 7,977,525 | € 8,413,681 | ▲ 5% |
Key figures of Immobiliën De Swaef, 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 Immobiliën De Swaef?
What happened at Immobiliën De Swaef in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DSM Management BV stepped down as director. NBB
- Caral Management CommV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.7 million. Source: NBB ↗
- DSM Management BV became a director. NBB
- Caral Management CommV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,562 profit in 2021 to € 1.7 million profit in 2024.
Paid € 635,736 in corporate taxes since 2021.
Best year ever: 2024, with € 1.7 million profit.
Paid out € 258,379 in dividends to the owners in total.
Management
The stake of HIDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immobiliën De SwaefThe shares are held by HIDE (99.4%).
Directors
According to the 2024 annual accounts
Director · represented by Marc De Swaef
Also active at: SELECTA CARS DE SWAEF, Transport De Swaef, HIDE
since 2020 · until 2026
Director · represented by Delcorde ALAIN
Also active at: SELECTA CARS DE SWAEF, Transport De Swaef, HIDE
since 2020 · until 2026
Shareholders
99.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 18E
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0428.890.349
- VAT number
- BE 0428.890.349
- Registered office
- Industrieweg 18E, 9032 Gent
- Names & denominations
- Immobiliën De Swaef
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1986
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen