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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HSA IMMO from Quiévrain, company number BE0433422130, closed financial year 2025 with a result of € 18,786 after tax. For that financial year HSA IMMO recorded a gross margin of € 78,093 and equity of € 535,702. Compared with financial year 2024, the result moved from € 17,561 to € 18,786. 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 January 30, 2026.
€ 535,702
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,786
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 132,553
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 23,263 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 180,767
▼ 10% vs 2024
€ 19,959 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,860
▲ € 2,831 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,496
▲ 19% 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 | € 260,658 | € 44,314 | € 73,290 | € 78,093 | ▲ 7% |
| Profit after taxes | € 180,403 | € 12,110 | € 17,561 | € 18,786 | ▲ 7% |
| Equity | € 541,054 | € 538,946 | € 534,836 | € 535,702 | |
| Total debts | € 208,707 | € 433,938 | € 416,942 | € 403,805 | ▼ 3% |
| Cash | € 228,034 | € 159,652 | € 130,392 | € 132,553 | ▲ 2% |
| Land & buildings | € 160,015 | € 443,252 | € 546,172 | € 532,158 | ▼ 3% |
| Retained profit | € 348,050 | € 340,601 | € 331,148 | € 326,672 | ▼ 1% |
| Dividend | € 0 | € 19,559 | € 27,014 | € 23,263 | ▼ 14% |
| Bank debt | € 0 | € 218,489 | € 199,985 | € 180,767 | ▼ 10% |
| Balance sheet total | € 802,261 | € 1,025,028 | € 1,001,236 | € 986,279 | ▼ 1% |
Key figures of HSA 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 30 January 2027.
What happened to HSA IMMO?
What happened at HSA IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,786 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Quiévrain. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,403 profit in 2022 to € 18,786 profit in 2025.
Paid € 47,963 in corporate taxes since 2022.
Best year ever: 2022, with € 180,403 profit.
Paid out € 69,836 in dividends to the owners in total.
Management
Behind HSA IMMO is Bertrand Deramaix. Bertrand Deramaix is also behind Dera Immo and FUNERAILLES DERAMAIX.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Wagnons 9
7380 Quiévrain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0433.422.130
- VAT number
- BE 0433.422.130
- Registered office
- Rue des Wagnons 9, 7380 Quiévrain
- Names & denominations
- HSA IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1988
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Verhuur en exploitatie van sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen