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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
D.C. IMMO from Nivelles, company number BE0433079363, closed financial year 2025 with a result of € -37,945 after tax. For that financial year D.C. IMMO recorded a gross margin of € 64,885 and equity of € 100,546. Compared with financial year 2024, the result moved from € 21,102 to € -37,945. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 100,546
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,945
▼ still € 21,102 profit in 2024
Profit after tax over the fiscal year.
€ 365
▲ € 364 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 80,546.
Debts at end 2025
€ 479,388
▲ 53% vs 2024
€ 34,517 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 4,602
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,552
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,923 | € 61,877 | € 76,506 | € 64,885 | ▼ 15% |
| Profit after taxes | € -15,147 | € 4,195 | € 21,102 | € -37,945 | ▼ € 59,047 |
| Equity | € 113,194 | € 117,389 | € 138,491 | € 100,546 | ▼ 27% |
| Total debts | € 387,318 | € 335,818 | € 330,613 | € 655,849 | ▲ 98% |
| Cash | € 56,510 | € 1,189 | € 1 | € 365 | ▲ € 364 |
| Land & buildings | € 452,618 | € 420,725 | € 392,144 | € 758,162 | ▲ 93% |
| Retained profit | € 93,194 | € 97,389 | € 118,491 | € 80,546 | ▼ 32% |
| Bank debt | € 352,495 | € 328,653 | € 313,994 | € 479,388 | ▲ 53% |
| Balance sheet total | € 531,175 | € 482,005 | € 496,036 | € 781,461 | ▲ 58% |
Key figures of D.C. IMMO, 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 D.C. IMMO?
What happened at D.C. IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,945 (▼ € 59,047 vs 2024). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,147 loss in 2022 to € 37,945 loss in 2025.
Paid € 2,720 in corporate taxes since 2022.
Best year ever: 2024, with € 21,102 profit.
Management
Behind D.C. IMMO is Michel DECEULENER.
Directors
According to the 2025 annual accounts
Michel DECEULENER
Director
Establishments
Establishment units
Physical locations of this company
Avenue du Monde 120
1400 Nivelles
Rue du Messager-d'Anvers 2
1400 Nivelles
Active since 25 January 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.079.363
- VAT number
- BE 0433.079.363
- Registered office
- Avenue du Monde 120, 1400 Nivelles
- Names & denominations
- D.C. IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1987
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
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