Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
IMMO B.C. from Middelkerke, company number BE0440345356, closed financial year 2026 with a result of € -65,189 after tax. For that financial year IMMO B.C. recorded a gross margin of € 308,270 and equity of € 401,800. Compared with financial year 2025, the result moved from € -88,385 to € -65,189. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2026.
€ 401,800
▼ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,189
▲ 26 % less loss than in 2025
Profit after tax over the fiscal year.
€ 140,006
▲ 113% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 383,200.
People and assets in 2026
6.2
▲ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 141,525
▼ 1% vs 2025
€ 22,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 66,906
▼ 42% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 343,755
▼ 11% vs 2025
€ 44,065 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 146,991
▲ 49% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 12,434
▼ 20% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 266,840 | € 276,942 | € 270,196 | € 308,270 | ▲ 14% |
| Profit after taxes | € -81,089 | € 2,252 | € -88,385 | € -65,189 | ▲ € 23,196 |
| Equity | € 553,122 | € 555,374 | € 466,989 | € 401,800 | ▼ 14% |
| Total debts | € 1,812,898 | € 1,694,843 | € 1,560,930 | € 1,527,275 | ▼ 2% |
| Cash | € 85,074 | € 119,336 | € 65,862 | € 140,006 | ▲ 113% |
| Land & buildings | € 1,277,791 | € 1,214,366 | € 1,182,622 | € 1,118,126 | ▼ 5% |
| Retained profit | € 534,522 | € 536,774 | € 448,389 | € 383,200 | ▼ 15% |
| Bank debt | € 465,883 | € 426,809 | € 386,106 | € 343,755 | ▼ 11% |
| Balance sheet total | € 2,416,211 | € 2,250,217 | € 2,027,919 | € 1,929,076 | ▼ 5% |
| Employees (FTE) | 4.8 | 6.7 | 5.7 | 6.2 | ▲ 0.5 |
Key figures of IMMO B.C., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to IMMO B.C.?
What happened at IMMO B.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 65,189. Source: NBB ↗
- New establishment in Middelkerke. KBO
- New establishment in Middelkerke. KBO
- New establishment in Middelkerke. KBO
- New establishment in Middelkerke. KBO
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,089 loss in 2023 to € 65,189 loss in 2026.
Paid € 10,988 in corporate taxes since 2023.
Best year ever: 2024, with € 2,252 profit.
On average € 49,700 of value added per employee in 2026.
Management
Behind IMMO B.C. are BC INVEST NV and Veerle Dobbelaere. It owns 33.3% of B & D Construct itself.
Directors
According to the 2026 annual accounts
Director · represented by Christophe Bouve
Also active at: B & D CONSTRUCT, B&D Promotions
Establishments
Establishment units
Physical locations of this company
Meeuwenlaan 32
8434 Middelkerke
Meeuwenlaan 30
8434 Middelkerke
Active since 5 February 2002
Henri Jasparlaan 16
8434 Middelkerke
Active since 1 January 2009
Doornstraat 2
8434 Middelkerke
Active since 1 April 2017
Henri Jasparlaan 18
8434 Middelkerke
Active since 1 July 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0440.345.356
- VAT number
- BE 0440.345.356
- Registered office
- Meeuwenlaan 32, 8434 Middelkerke
- Names & denominations
- IMMO B.C. · Belcasa Hotels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1990
- Peppol
- Active · Active since 17 Jul 2026
- Contact
- immobc.be
- Activities · NACE
Hotels en dergelijke accommodatie
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Gastenkamers
Ontwikkeling van residentiële bouwprojecten
Gites, vakantiewoningen en -appartementen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis