Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMOVATA from Aalter, company number BE0442354642, closed financial year 2025 with a result of € 40,532 after tax. For that financial year IMMOVATA recorded a gross margin of € 911,008 and equity of € 2 million. Compared with financial year 2024, the result moved from € 30,582 to € 40,532. 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 July 30, 2026.
€ 2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,532
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 23,301
▼ 53% 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 € 2 million.
People and assets in 2025
7.5
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 343,207
▼ 4% vs 2024
€ 45,800 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.
€ 14,722
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 171,888
▲ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 16,424
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,461
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,708,878 | € 690,687 | € 666,531 | € 911,008 | ▲ 37% |
| Profit after taxes | € 666,258 | € 37,748 | € 30,582 | € 40,532 | ▲ 33% |
| Equity | € 1,932,489 | € 1,970,237 | € 2,000,819 | € 2,041,351 | ▲ 2% |
| Total debts | € 2,212,789 | € 2,028,700 | € 3,022,458 | € 4,547,872 | ▲ 50% |
| Cash | € 920,167 | € 39,434 | € 49,453 | € 23,301 | ▼ 53% |
| Land & buildings | € 3,346,742 | € 3,123,195 | € 5,094,553 | € 6,462,016 | ▲ 27% |
| Retained profit | € 1,869,989 | € 1,907,737 | € 1,938,319 | € 1,978,851 | ▲ 2% |
| Bank debt | € 390,358 | € 235,482 | € 118,535 | € 171,888 | ▲ 45% |
| Balance sheet total | € 4,363,279 | € 4,215,144 | € 5,236,317 | € 6,795,807 | ▲ 30% |
| Employees (FTE) | 9.1 | - | 5.9 | 7.5 | ▲ 1.6 |
Key figures of IMMOVATA, 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 IMMOVATA?
What happened at IMMOVATA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Van Der Elst stepped down as director. NBB
- Jean Van Der Elst stepped down as director. NBB
- Ruben Van Der Elst stepped down as director. NBB
- Paula Taghon stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 40,532 (▲ 33% vs 2024). Source: NBB ↗
- Steven Van Der Elst became a director. NBB
- Jean Van Der Elst became a director. NBB
- Ruben Van Der Elst became a director. NBB
In short
From € 666,258 profit in 2022 to € 40,532 profit in 2025.
Paid € 68,677 in corporate taxes since 2022.
Best year ever: 2022, with € 666,258 profit.
On average € 121,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Steven Van Der Elst
Director
since 2021 · until 2027
Jean Van Der Elst
Managing director
since 2021 · until 2027
Ruben Van Der Elst
Director
since 2021 · until 2027
Paula Taghon
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Brugstraat 188
9880 Aalter
Meir 80
2000 Antwerpen
Active since 17 May 2006
Boulevard Joseph Tirou 109
6000 Charleroi
Active since 17 May 2006
Kapelstraat 100
9100 Sint-Niklaas
Active since 20 August 2007
Bredabaan 967
2900 Schoten
Active since 1 February 2011
Koning Albertstraat 46-50
3500 Hasselt
Active since 17 November 2014
Steenstraat 13
8000 Brugge
Active since 6 February 2012
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.
Details
- Company number
- 0442.354.642
- VAT number
- BE 0442.354.642
- Registered office
- Brugstraat 188, 9880 Aalter
- Names & denominations
- IMMOVATA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1990
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
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