What does IMMOWELL do?

IMMOWELL is a property company in Dendermonde. Public Limited, started on 6 May 1987, 1 establishment.

What is the address of IMMOWELL?

The registered office of IMMOWELL is located at Oude baan (OUD) 120, 9200 Dendermonde.

Is IMMOWELL still active?

Yes. According to the CBE (29 October 2026) IMMOWELL is active, legal situation “Normale toestand”, started on 6 May 1987.

Is IMMOWELL registered on Peppol?

Yes, IMMOWELL is registered on the Peppol network with ID 0208:0431101850.

What is the enterprise number of IMMOWELL?

The enterprise number of IMMOWELL is BE0431101850.

When was IMMOWELL founded?

IMMOWELL was founded on 6 May 1987.

Who are the directors of IMMOWELL?

According to the 2025 annual accounts, the directors of IMMOWELL are: PIERRE MACHARIS, FINCOPRO NV.

Is IMMOWELL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 May 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did IMMOWELL make in 2025?

IMMOWELL posted a profit after taxes of € 7,004,590 in financial year 2025.

What is the revenue of IMMOWELL?

As a small company, IMMOWELL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 380,657.

IMMOWELL (Public Limited) - Dendermonde - BE0431101850

Dossier IMMOWELL, printed on 29 October 2026 from databakkes.be/en/0431101850/immowell. 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.

Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

IMMOWELL from Dendermonde, company number BE0431101850, closed financial year 2025 with a result of € 7 million after tax. For that financial year IMMOWELL recorded a gross margin of € 380,657 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 494,655 to € 7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.

What it is worth Growing

€ 1.9 million

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

Profit Growing

€ 7 million

▲ € 6.5 million vs 2024

Profit after tax over the fiscal year.

Where the profit goes Pays out

€ 7 million paid out

100 % of the profit went to the shareholders, mostly to VPK Packaging NV (100 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 1.1 million

▲ € 1.1 million vs 2024

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

Taxes

€ 10,627

▼ 60% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 678,867 Gross margin 2022: € 678,867 First fiscal year in the series	€ 678,793 Gross margin 2023: € 678,793 Unchanged (€ 678,867) Unfavourable step	€ 677,855 Gross margin 2024: € 677,855 Unchanged (€ 678,793) Unfavourable step	€ 380,657 Gross margin 2025: € 380,657 ▼ 44% vs 2024 (€ 677,855) Unfavourable step	▼ 44%
Profit after taxes	€ 483,562 Profit after taxes 2022: € 483,562 First fiscal year in the series	€ 499,717 Profit after taxes 2023: € 499,717 ▲ 3% vs 2022 (€ 483,562) Favourable step	€ 494,655 Profit after taxes 2024: € 494,655 ▼ 1% vs 2023 (€ 499,717) Unfavourable step	€ 7,004,590 Profit after taxes 2025: € 7,004,590 ▲ € 6.5 million vs 2024 (€ 494,655) Favourable step	▲ € 6.5 million
Equity	€ 2,685,990 Equity 2022: € 2,685,990 First fiscal year in the series	€ 2,185,708 Equity 2023: € 2,185,708 ▼ 19% vs 2022 (€ 2,685,990) Unfavourable step	€ 1,930,363 Equity 2024: € 1,930,363 ▼ 12% vs 2023 (€ 2,185,708) Unfavourable step	€ 1,934,953 Equity 2025: € 1,934,953 Unchanged (€ 1,930,363) Favourable step
Total debts	€ 537,698 Total debts 2022: € 537,698 First fiscal year in the series	€ 1,037,682 Total debts 2023: € 1,037,682 ▲ 93% vs 2022 (€ 537,698) Unfavourable step	€ 798,548 Total debts 2024: € 798,548 ▼ 23% vs 2023 (€ 1,037,682) Favourable step	€ 8,095,388 Total debts 2025: € 8,095,388 ▲ € 7.3 million vs 2024 (€ 798,548) Unfavourable step	▲ € 7.3 million
Land & buildings	€ 165,817 Land & buildings 2022: € 165,817 First fiscal year in the series	€ 163,364 Land & buildings 2023: € 163,364 ▼ 1% vs 2022 (€ 165,817) Unchanged	€ 160,911 Land & buildings 2024: € 160,911 ▼ 2% vs 2023 (€ 163,364) Unchanged	€ 158,458 Land & buildings 2025: € 158,458 ▼ 2% vs 2024 (€ 160,911) Unchanged	▼ 2%
Retained profit	€ 1,557,990 Retained profit 2022: € 1,557,990 First fiscal year in the series	€ 1,057,708 Retained profit 2023: € 1,057,708 ▼ 32% vs 2022 (€ 1,557,990) Unfavourable step	€ 802,363 Retained profit 2024: € 802,363 ▼ 24% vs 2023 (€ 1,057,708) Unfavourable step	€ 806,953 Retained profit 2025: € 806,953 ▲ 1% vs 2024 (€ 802,363) Favourable step	▲ 1%
Dividend	€ 500,000 Dividend 2022: € 500,000 First fiscal year in the series	€ 1,000,000 Dividend 2023: € 1,000,000 ▲ 100% vs 2022 (€ 500,000) Unchanged	€ 750,000 Dividend 2024: € 750,000 ▼ 25% vs 2023 (€ 1,000,000) Unchanged	€ 7,000,000 Dividend 2025: € 7,000,000 ▲ € 6.3 million vs 2024 (€ 750,000) Unchanged	▲ € 6.3 million
Balance sheet total	€ 3,223,688 Balance sheet total 2022: € 3,223,688 First fiscal year in the series	€ 3,223,390 Balance sheet total 2023: € 3,223,390 Unchanged (€ 3,223,688) Unchanged	€ 2,728,911 Balance sheet total 2024: € 2,728,911 ▼ 15% vs 2023 (€ 3,223,390) Unchanged	€ 10,030,341 Balance sheet total 2025: € 10,030,341 ▲ 268% vs 2024 (€ 2,728,911) Unchanged	▲ 268%

Key figures of IMMOWELL, 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 IMMOWELL?

What happened at IMMOWELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 PIERRE MACHARIS stepped down as director. NBB
2029 FINCOPRO NV stepped down as director. NBB
Jun 9, 2026 New annual accounts for financial year 2025: profit of € 7 million (▲ € 6.5 million vs 2024). Source: NBB ↗
2023 PIERRE MACHARIS became a director. NBB
2023 FINCOPRO NV became a director. NBB
Mar 13, 2001 New establishment in Dendermonde. KBO
May 6, 1987 Start of the company according to the CBE. KBO

In short

From € 483,562 profit in 2022 to € 7 million profit in 2025.

Paid € 585,290 in corporate taxes since 2022.

Best year ever: 2025, with € 7 million profit.

Paid out € 9.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VPK Packaging NV 100%

VPK Group 99.6%

The stake of VPK Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

IMMOWELL

The shares are held by VPK Packaging NV (100%) and VPK Group (99.6%).

Directors

According to the 2025 annual accounts

PIERRE MACHARIS

Director

Also active at: ARGON, ECOFORMER, SMART PACKAGING SOLUTIONS, CARTONNERIES DE WALLONIE, Lion Privak, COREX HOLDING

since 2023 · until 2029

FINCOPRO NV

Director · represented by ERIK PEETERS

Also active at: COREX Belgium, ARGON, ECOFORMER, SMART PACKAGING SOLUTIONS, VPK SERVICES, Febex Invest, COREX HOLDING, VPK FINANCE

since 2023 · until 2029

Shareholders

VPK Packaging NV

100%

VPK Group

99.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oude baan (OUD) 120

9200 Dendermonde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

VPK Group same network

ECOFORMER same network

€ 1.6 million gross margin · 2025

Sociaal Fonds VPK

VPK Paper

€ 222.8 million revenue · 2025

VPK PACKAGING same network

€ 348.3 million revenue · 2025

+8 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

0431.101.850

VAT number

BE 0431.101.850

Registered office

Oude baan (OUD) 120, 9200 Dendermonde

Names & denominations

IMMOWELL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 May 1987

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur van niet-residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

IMMOWELL

Warning lights

Financials

What happened to IMMOWELL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions