Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMOBILIERE ET ASSURANCES NIVELLOISES from Brussel, company number BE0435412214, closed financial year 2025 with a result of € -28,072 after tax. For that financial year IMMOBILIERE ET ASSURANCES NIVELLOISES recorded revenue of € 1,855 and equity of € -48,539. Compared with financial year 2024, the result moved from € -29,932 to € -28,072. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -48,539
▼ € 28,072 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,072
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 127
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -110,039.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,147
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,120 | € 683 | € 10,087 | € 1,855 | ▼ 82% |
| Gross margin | € 8,407 | € -28,458 | € -21,771 | € -18,460 | ▲ € 3,311 |
| Profit after taxes | € -22,053 | € -35,833 | € -29,932 | € -28,072 | ▲ € 1,860 |
| Equity | € 45,299 | € 9,465 | € -20,467 | € -48,539 | ▼ € 28,072 |
| Total debts | € 1,866 | € 26,200 | € 52,468 | € 74,461 | ▲ 42% |
| Cash | € 5,806 | € 1,609 | € 1,729 | € 127 | ▼ 93% |
| Land & buildings | € 39,100 | € 34,008 | € 28,916 | € 23,823 | ▼ 18% |
| Retained profit | € -16,201 | € -52,035 | € -81,967 | € -110,039 | ▼ € 28,072 |
| Balance sheet total | € 47,164 | € 35,665 | € 32,002 | € 25,922 | ▼ 19% |
Key figures of IMMOBILIERE ET ASSURANCES NIVELLOISES, 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 IMMOBILIERE ET ASSURANCES NIVELLOISES?
What happened at IMMOBILIERE ET ASSURANCES NIVELLOISES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xavier François Azan stepped down as director. NBB
- François-Pierre HELLMANN stepped down as director. NBB
- Jean-Jacques Makarian stepped down as director. NBB
- Alexis François-Poncet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,072. Source: NBB ↗
- Jean-Jacques Makarian became a director. NBB
- Alexis François-Poncet became a director. NBB
- Xavier François Azan became a director. NBB
In short
From € 22,053 loss in 2022 to € 28,072 loss in 2025.
Paid € 23 in corporate taxes since 2022.
Management
The shares are held by IRR MULTI POLY SRL (100%).
Directors
According to the 2025 annual accounts
Xavier François Azan
Director
since 2020 · until 2032
François-Pierre HELLMANN
Director
Also active at: LIMBURGSE VASTGOED ONTWIKKELINGEN, AARSCHOT LOGISTICS, REDIVEST, WATERLUM, Top Log, LVO Holding, IRR Multi Poly, IMMO AC
since 2020 · until 2032
Alexis François-Poncet
Director
Also active at: LIMBURGSE VASTGOED ONTWIKKELINGEN, EUROPEAN TRANSPORTS LOGISTICS, GOLDIE, PHILEOG Benelux, WATERLUM, Top Log, LVO Holding, IRR Multi Poly +1 more
since 2021 · until 2027
since 2022 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 380
1050 Brussel
Square Gabrielle-Petit 13
1400 Nivelles
Active since 22 November 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →LIMBURGSE VASTGOED ONTWIKKELINGEN same network
€ 617,154 gross margin · 2025
Raoul Renaux et Compagnie
Union des Classes Moyennes National
€ 945 revenue · 2025
EUROPEAN TRANSPORTS LOGISTICS same network
€ 239,105 gross margin · 2025
Grosvenor Belgium
+34 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
- 0435.412.214
- VAT number
- BE 0435.412.214
- Registered office
- Louizalaan 380, 1050 Brussel
- Names & denominations
- IMMOBILIERE ET ASSURANCES NIVELLOISES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1988
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen