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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; 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 2024
IMMO BELINVEST from Merelbeke-Melle, company number BE0439689023, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year IMMO BELINVEST recorded a gross margin of € -195,269 and equity of € 4.3 million. Compared with financial year 2023, the result moved from € -1.3 million to € -1.6 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2025.
€ 4.3 million
▼ 27% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 20 % more loss than in 2023
Profit after tax over the fiscal year.
€ 219
▼ € 607,377 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.3 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 143,786
▲ € 110,435 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9.2 million
▲ 60% vs 2023
Loans from banks and other lenders, long and short.
€ 13,045
▼ 76% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 60,142
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 4,535,352 | € 0 | - | |
| Gross margin | - | - | - | € -195,269 | |
| Profit after taxes | € -664,886 | € -704,534 | € -1,327,700 | € -1,599,764 | ▼ € 272,064 |
| Equity | € 7,927,313 | € 7,222,778 | € 5,895,078 | € 4,295,314 | ▼ 27% |
| Total debts | € 39,249,199 | € 41,801,891 | € 42,162,375 | € 27,911,638 | ▼ 34% |
| Cash | € 81,331 | € 5,568,117 | € 607,595 | € 219 | ▼ € 607,377 |
| Land & buildings | € 2,551,466 | € 2,520,003 | € 2,488,541 | € 2,457,079 | ▼ 1% |
| Retained profit | € 5,894,586 | € 5,190,052 | € 3,862,351 | € 2,262,588 | ▼ 41% |
| Bank debt | € 7,601,195 | € 4,063,000 | € 5,713,000 | € 9,167,897 | ▲ 60% |
| Balance sheet total | € 47,176,511 | € 49,024,669 | € 48,057,453 | € 32,206,952 | ▼ 33% |
Key figures of IMMO BELINVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- Dirk De Cuyper stepped down as director. NBB
- Annelies Goos stepped down as director. NBB
- Peter De Cuyper stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1.6 million. Source: 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 € 664,886 loss in 2021 to € 1.6 million loss in 2024.
Paid € 20,389 in corporate taxes since 2021.
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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
The stake of TRADIDEC, BELFIMA INVEST, TRADEC INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO BELINVESTThe shares are held by TRADIDEC (33.5%), BELFIMA INVEST (33.5%) and TRADEC INVEST (32.9%).
Directors
According to the 2024 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
since 2023 · until 2026
Peter De Cuyper
Managing director
Also active at: IMMO TRADEC, RESILUX, TRADEC INVEST, BELFIMA INVEST, Fodec Management, VALUEDEC, QUVADEC, Poly Recycling West Europe +3 more
since 2020 · 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
€ -872,711 gross margin · 2024
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