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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
IMMO M.D. from Stekene, company number BE0446197723, closed financial year 2026 with a result of € -29,678 after tax. For that financial year IMMO M.D. recorded a gross margin of € -1,514 and equity of € 289,294. Compared with financial year 2025, the result moved from € 13,066 to € -29,678. 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 October 1, 2026.
€ 289,294
▼ 9% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,678
▼ still € 13,066 profit in 2025
Profit after tax over the fiscal year.
€ 7,196
▼ 66% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 227,294.
People and assets in 2026
€ 61
▼ 50% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,669 | € -2,479 | € -21,644 | € -1,514 | ▲ € 20,130 |
| Profit after taxes | € -27,721 | € -33,225 | € 13,066 | € -29,678 | ▼ € 42,744 |
| Equity | € 339,131 | € 305,906 | € 318,972 | € 289,294 | ▼ 9% |
| Total debts | € 231,528 | € 255,802 | € 166,252 | € 157,513 | ▼ 5% |
| Cash | € 2,258 | € 907 | € 21,386 | € 7,196 | ▼ 66% |
| Land & buildings | € 704,282 | € 688,681 | € 463,556 | € 429,848 | ▼ 7% |
| Retained profit | € 277,131 | € 243,906 | € 256,972 | € 227,294 | ▼ 12% |
| Balance sheet total | € 707,546 | € 690,916 | € 485,224 | € 446,807 | ▼ 8% |
Key figures of IMMO M.D., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to IMMO M.D.?
What happened at IMMO M.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 29,678 (▼ € 42,744 vs 2025). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,721 loss in 2023 to € 29,678 loss in 2026.
Paid € 129,610 in corporate taxes since 2023.
Best year ever: 2025, with € 13,066 profit.
Establishments
Establishment units
Physical locations of this company
Polken(STE) 14
9190 Stekene
Gentstraat(SP) 24
9170 Sint-Gillis-Waas
Active since 31 January 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
- 0446.197.723
- VAT number
- BE 0446.197.723
- Registered office
- Polken(STE) 14, 9190 Stekene
- Names & denominations
- IMMO M.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1991
- Peppol
- Not registered