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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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO W. from Gent, company number BE0440498180, closed financial year 2025 with a result of € 192,060 after tax. For that financial year IMMO W. recorded a gross margin of € 170,687 and equity of € 19.1 million. Compared with financial year 2024, the result moved from € 180,466 to € 192,060. 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 June 4, 2026.
€ 19.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,060
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 23,778
▼ 7% 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 € 8.3 million.
People and assets in 2025
€ 2,438
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▲ 10% vs 2024
€ 233,882 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 61,466
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,462 | € 156,524 | € 264,902 | € 170,687 | ▼ 36% |
| Profit after taxes | € 160,211 | € 413,449 | € 180,466 | € 192,060 | ▲ 6% |
| Equity | € 18,269,332 | € 18,682,781 | € 18,863,247 | € 19,055,306 | ▲ 1% |
| Total debts | € 2,064,392 | € 3,582,920 | € 4,237,386 | € 4,629,011 | ▲ 9% |
| Cash | € 10,119 | € 5,660 | € 25,621 | € 23,778 | ▼ 7% |
| Land & buildings | € 8,348,615 | € 8,259,842 | € 7,100,716 | € 6,970,889 | ▼ 2% |
| Retained profit | € 7,535,529 | € 7,948,978 | € 8,129,444 | € 8,321,504 | ▲ 2% |
| Bank debt | € 2,058,003 | € 3,428,666 | € 4,139,941 | € 4,561,069 | ▲ 10% |
| Balance sheet total | € 21,368,168 | € 23,278,710 | € 23,985,672 | € 24,544,380 | ▲ 2% |
Key figures of IMMO W., fiscal years 2023 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 W.?
What happened at IMMO W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Urbain Bultinck stepped down as director. NBB
- Filip Bultinck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 192,060 (▲ 6% vs 2024). Source: NBB ↗
- Urbain Bultinck became a director. NBB
- Filip Bultinck became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,211 profit in 2023 to € 192,060 profit in 2025.
Best year ever: 2023, with € 413,449 profit.
A new publication or filing at IMMO W.? 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
The stake of URBAIN BULTINCK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO W.The shares are held by URBAIN BULTINCK (84%).
Directors
According to the 2025 annual accounts
Urbain Bultinck
Director
since 2023 · until 2029
Filip Bultinck
Managing director
Also active at: Financial Business Office, URBAIN BULTINCK, FB Constructions, Brembloem Immo, JVD CONSULTANCY, EVERGEM FB
since 2023 · until 2029
Shareholders
84%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stapelplein 70
9000 Gent
Stapelplein 70 box 100
9000 Gent
Active since 3 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →Financial Business Office same network
€ -14,869 gross margin · 2025
URBAIN BULTINCK same network
€ 459,462 gross margin · 2025
EPYC
€ 1.2 million gross margin · 2022
FB Constructions same network
€ 139,459 gross margin · 2025
Brembloem Immo same network
€ 1.3 million gross margin · 2025
+22 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
- 0440.498.180
- VAT number
- BE 0440.498.180
- Registered office
- Stapelplein 70, 9000 Gent
- Names & denominations
- IMMO W.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1990
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed
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Verhuur en exploitatie van terreinen
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