Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMOBILIERE RIGA from Etterbeek, company number BE0437173654, closed financial year 2025 with a result of € -1,945 after tax. For that financial year IMMOBILIERE RIGA recorded a gross margin of € 8,198 and equity of € 947,432. Compared with financial year 2024, the result moved from € 10,909 to € -1,945. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 947,432
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,945
▼ still € 10,909 profit in 2024
Profit after tax over the fiscal year.
€ 220,216
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 868,253.
Debts at end 2025
€ 213,181
▼ 7% vs 2024
€ 16,319 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 5,894
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -71,990 | € -42,418 | € 49,541 | € 8,198 | ▼ 83% |
| Profit after taxes | € -87,365 | € -110,420 | € 10,909 | € -1,945 | ▼ € 12,854 |
| Equity | € 1,048,888 | € 938,468 | € 949,377 | € 947,432 | |
| Total debts | € 376,750 | € 355,557 | € 250,727 | € 228,448 | ▼ 9% |
| Cash | € 316,761 | € 176,926 | € 261,227 | € 220,216 | ▼ 16% |
| Land & buildings | € 528,131 | € 529,299 | € 330,410 | € 318,372 | ▼ 4% |
| Retained profit | € 969,709 | € 859,289 | € 870,198 | € 868,253 | |
| Bank debt | € 352,034 | € 328,596 | € 228,568 | € 213,181 | ▼ 7% |
| Balance sheet total | € 1,425,638 | € 1,294,025 | € 1,200,104 | € 1,175,880 | ▼ 2% |
Key figures of IMMOBILIERE RIGA, 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 IMMOBILIERE RIGA?
What happened at IMMOBILIERE RIGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fouad Rajan stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,945 (▼ € 12,854 vs 2024). filed late Source: NBB ↗
- Fouad Rajan became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,365 loss in 2022 to € 1,945 loss in 2025.
Paid € 86,263 in corporate taxes since 2022.
Best year ever: 2024, with € 10,909 profit.
A new publication or filing at IMMOBILIERE RIGA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Fouad Rajan
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Vrijwilligerslaan 66
1040 Etterbeek
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
- 0437.173.654
- VAT number
- BE 0437.173.654
- Registered office
- Vrijwilligerslaan 66, 1040 Etterbeek
- Names & denominations
- IMMOBILIERE RIGA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1989
- Peppol
- Not registered