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 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO BELINVEST from Merelbeke-Melle, company number BE0439689023, closed financial year 2025 with a result of € 875,181 after tax. For that financial year IMMO BELINVEST recorded a gross margin of € 2.1 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € -1.6 million to € 875,181. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 5.2 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 875,181
▲ still € 1.6 million loss in 2024
Profit after tax over the fiscal year.
€ 482,068
▲ € 481,850 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 102,826
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▼ 59% vs 2024
Loans from banks and other lenders, long and short.
€ 5,091
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 416
▼ 99% 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 | |
|---|---|---|---|---|---|
| Revenue | € 4,535,352 | € 0 | - | - | |
| Gross margin | - | - | € -195,269 | € 2,127,306 | ▲ € 2.3 million |
| Profit after taxes | € -704,534 | € -1,327,700 | € -1,599,764 | € 875,181 | ▲ € 2.5 million |
| Equity | € 7,222,778 | € 5,895,078 | € 4,295,314 | € 5,170,496 | ▲ 20% |
| Total debts | € 41,801,891 | € 42,162,375 | € 27,911,638 | € 24,902,575 | ▼ 11% |
| Cash | € 5,568,117 | € 607,595 | € 219 | € 482,068 | ▲ € 481,850 |
| Land & buildings | € 2,520,003 | € 2,488,541 | € 2,457,079 | € 0 | ▼ 100% |
| Retained profit | € 5,190,052 | € 3,862,351 | € 2,262,588 | € 3,137,769 | ▲ 39% |
| Bank debt | € 4,063,000 | € 5,713,000 | € 9,167,897 | € 3,801,185 | ▼ 59% |
| Balance sheet total | € 49,024,669 | € 48,057,453 | € 32,206,952 | € 30,073,071 | ▼ 7% |
Key figures of IMMO BELINVEST, 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 IMMO BELINVEST?
What happened at IMMO BELINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 875,181. filed late Source: NBB ↗
- Dirk De Cuyper stepped down as director. NBB
- Peter De Cuyper stepped down as director. NBB
- Annelies Goos stepped down as director. NBB
- Annelies Goos became a director. NBB
- Dirk De Cuyper became a director. NBB
- Peter De Cuyper became a director. NBB
- New establishment in Merelbeke-Melle. KBO
In short
From € 704,535 loss in 2022 to € 875,181 profit in 2025.
Paid € 20,183 in corporate taxes since 2022.
Best year ever: 2025, with € 875,181 profit.
Management
The stake of BELFIMA INVEST, TRADIDEC, TRADEC INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO BELINVESTThe shares are held by BELFIMA INVEST (33.5%), TRADIDEC (33.5%) and TRADEC INVEST (32.9%).
Directors
According to the 2025 annual accounts
Dirk De Cuyper
Managing director
Also active at: Ouverture Invest, IMMO TRADEC, RESILUX, TRADEC INVEST, TRADIDEC, Ecospenser Trading, Didec Management, VALUEDEC +4 more
since 2020 · until 2026
Peter De Cuyper
Managing director
since 2020 · until 2026
since 2023 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Collegebaan 2C
9090 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →IMMO TRADEC same network
€ -88,489 gross margin · 2025
TRADEC INVEST same network
€ -7,414 gross margin · 2025
TRADIDEC same network
€ -218,655 gross margin · 2025
BELFIMA INVEST same network
€ -1.2 million gross margin · 2025
Ecospenser Trading same network
€ -79,978 gross margin · 2025
+8 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
- 0439.689.023
- VAT number
- BE 0439.689.023
- Registered office
- Collegebaan 2C, 9090 Merelbeke-Melle
- Names & denominations
- IMMO BELINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1990
- Peppol
- Active · Active since 5 Aug 2024