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 48 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMOVELD from Knokke-Heist, company number BE0437860374, closed financial year 2025 with a result of € 3.3 million after tax. For that financial year IMMOVELD recorded a gross margin of € 4.2 million and equity of € 62.8 million. Compared with financial year 2024, the result moved from € 637,639 to € 3.3 million. 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 July 17, 2026.
€ 62.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▲ € 2.7 million vs 2024
Profit after tax over the fiscal year.
€ 43
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 60.7 million.
Debts at end 2025
€ 32.2 million
▼ 4% vs 2024
€ 960,000 is repaid this year. At this pace the long-term loan is gone in ≈ 34 years.
€ 301,188
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,663
▲ 1% 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 | € 2,186,260 | € 2,328,564 | € 1,853,429 | € 4,195,416 | ▲ 126% |
| Profit after taxes | € 1,177,207 | € 885,310 | € 637,639 | € 3,301,458 | ▲ € 2.7 million |
| Equity | € 58,694,437 | € 59,579,747 | € 60,217,385 | € 62,839,531 | ▲ 4% |
| Total debts | € 17,419,803 | € 24,496,459 | € 35,026,749 | € 33,916,362 | ▼ 3% |
| Cash | € 43 | € 43 | € 43 | € 43 | |
| Land & buildings | € 7,784,201 | € 7,290,611 | € 6,800,052 | € 4,979,324 | ▼ 27% |
| Retained profit | € 56,562,553 | € 57,447,863 | € 58,085,501 | € 60,707,646 | ▲ 5% |
| Bank debt | € 16,112,203 | € 14,741,639 | € 33,389,841 | € 32,180,000 | ▼ 4% |
| Balance sheet total | € 76,249,131 | € 84,185,930 | € 95,328,692 | € 97,494,598 | ▲ 2% |
Key figures of IMMOVELD, 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 IMMOVELD?
What happened at IMMOVELD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Athelean NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.3 million (▲ € 2.7 million vs 2024). Source: NBB ↗
- Athelean NV became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 3.3 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.3 million profit.
Management
The stake of VERLING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMOVELDThe shares are held by VERLING (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Frank Van Leemput
Also active at: Immobilière du Meir, S & T VERHOOGEN, VERLING, FRANK'S, VAN GESTEL & C° IMMOBILIËN, STEENSTAETE, BELTAINE, DIAM +3 more
since 2020 · until 2032
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zeehelling 2 box 16
8300 Knokke-Heist
Vitsdam(BOR) 63
2880 Bornem
Active since 23 February 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →COLPAERT
€ -2,707 gross margin · 2025
ATHELEAN same network
€ 5.7 million gross margin · 2025
FRANK'S same network
€ 841,594 gross margin · 2025
R. RAMMANT
€ 179,509 gross margin · 2025
RAMSES
€ 447,587 gross margin · 2025
+6 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
- 0437.860.374
- VAT number
- BE 0437.860.374
- Registered office
- Zeehelling 2 bus 16, 8300 Knokke-Heist
- Names & denominations
- IMMOVELD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1989
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen