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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMOPHAR from Rotselaar, company number BE0444934545, closed financial year 2025 with a result of € -49,723 after tax. For that financial year IMMOPHAR recorded a gross margin of € 6,655 and equity of € 382,930. Compared with financial year 2024, the result moved from € -36,855 to € -49,723. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 382,930
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,723
▼ 35 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 320,957.
Debts at end 2025
€ 124,512
▼ 17% vs 2024
€ 34,886 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,176
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,762 | € 14,166 | € 13,479 | € 6,655 | ▼ 51% |
| Profit after taxes | € -10,757 | € -20,432 | € -36,855 | € -49,723 | ▼ € 12,867 |
| Equity | € 489,940 | € 469,508 | € 432,652 | € 382,930 | ▼ 11% |
| Total debts | € 276,567 | € 405,543 | € 422,711 | € 436,843 | ▲ 3% |
| Cash | € 374,109 | € 1,200 | € 0 | - | |
| Land & buildings | € 391,506 | € 783,709 | € 854,395 | € 819,706 | ▼ 4% |
| Retained profit | € 427,967 | € 407,535 | € 370,679 | € 320,957 | ▼ 13% |
| Bank debt | € 210,039 | € 180,408 | € 150,584 | € 124,512 | ▼ 17% |
| Balance sheet total | € 766,507 | € 875,051 | € 855,363 | € 819,773 | ▼ 4% |
Key figures of IMMOPHAR, 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 IMMOPHAR?
What happened at IMMOPHAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,723. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,757 loss in 2022 to € 49,723 loss in 2025.
Paid € 6,387 in corporate taxes since 2022.
Management
Behind IMMOPHAR are Herman Schurmans and Linda Coppejans.
Directors
According to the 2025 annual accounts
Herman Schurmans
Director
Linda Coppejans
Director
Establishments
Establishment units
Physical locations of this company
Zwaluwlaan 13
3110 Rotselaar
Blaesstraat 250
1000 Brussel
Active since 7 February 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.934.545
- VAT number
- BE 0444.934.545
- Registered office
- Zwaluwlaan 13, 3110 Rotselaar
- Names & denominations
- IMMOPHAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 1991
- Peppol
- Active · Active since 17 Dec 2024
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen