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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMO SAPP from Thuin, company number BE0447742102, closed financial year 2025 with a result of € -3,455 after tax. For that financial year IMMO SAPP recorded a gross margin of € 32,312 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € -33,127 to € -3,455. 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 July 2, 2026.
€ 2.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,455
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 65,153
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2025
€ 698
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 33
▼ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,720 | € 1,766,841 | € 383 | € 32,312 | ▲ € 31,928 |
| Profit after taxes | € -477,357 | € 1,272,151 | € -33,127 | € -3,455 | ▲ € 29,672 |
| Equity | € 1,554,227 | € 2,826,379 | € 2,793,252 | € 2,789,797 | |
| Total debts | € 1,728,224 | € 32,746 | € 37,728 | € 33,142 | ▼ 12% |
| Cash | € 142,817 | € 778,776 | € 41,404 | € 65,153 | ▲ 57% |
| Land & buildings | € 2,977,993 | € 792,526 | € 772,347 | € 750,024 | ▼ 3% |
| Retained profit | € 702,667 | € 1,974,818 | € 1,941,691 | € 1,938,236 | |
| Bank debt | € 1,293,974 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 3,335,057 | € 2,864,754 | € 2,836,271 | € 2,827,891 |
Key figures of IMMO SAPP, 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 IMMO SAPP?
What happened at IMMO SAPP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anthony STAMATIADIS stepped down as director. NBB
- Paolo STAMATIADIS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3,455. Source: NBB ↗
- Giuseppina CAZZATO stepped down as director. NBB
- Stelios STAMATIADIS stepped down as director. NBB
- Stelios STAMATIADIS became a director. NBB
- Anthony STAMATIADIS became a director. NBB
- Giuseppina CAZZATO became a director. NBB
In short
From € 477,357 loss in 2022 to € 3,455 loss in 2025.
Paid € 446,829 in corporate taxes since 2022.
Best year ever: 2023, with € 1.3 million profit.
Management
It owns TOPPER COMPANY and GROUP IMMO SM itself.
Directors
According to the 2025 annual accounts
Stelios STAMATIADIS
Director
since 2024 · until 2025
Anthony STAMATIADIS
Director
since 2021 · until 2027
Giuseppina CAZZATO
Director
since 2021 · until 2025
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue Capitaine Schirmeyer(GOZ) 3
6534 Thuin
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
- 0447.742.102
- VAT number
- BE 0447.742.102
- Registered office
- Rue Capitaine Schirmeyer(GOZ) 3, 6534 Thuin
- Names & denominations
- IMMO SAPP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1992
- Peppol
- Not registered