Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMOSTAR from Zemst, company number BE0448591643, closed financial year 2025 with a result of € -108,603 after tax. For that financial year IMMOSTAR recorded a gross margin of € -42,828 and equity of € 38,320. Compared with financial year 2024, the result moved from € -57,530 to € -108,603. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 38,320
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -108,603
▼ 89 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,415
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -101,680.
Debts at end 2025
€ 409,235
▼ 8% vs 2024
€ 35,685 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 21,186
▲ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,717 | € 39,118 | € 22,489 | € -42,828 | ▼ € 65,317 |
| Profit after taxes | € -11,651 | € 3,828 | € -57,530 | € -108,603 | ▼ € 51,073 |
| Equity | € 200,624 | € 204,452 | € 146,923 | € 38,320 | ▼ 74% |
| Total debts | € 24,219 | € 593,214 | € 599,443 | € 654,679 | ▲ 9% |
| Cash | € 52,640 | € 8,519 | € 2,652 | € 5,415 | ▲ 104% |
| Land & buildings | € 226,755 | € 840,635 | € 785,664 | € 757,809 | ▼ 4% |
| Retained profit | € 60,624 | € 64,452 | € 6,923 | € -101,680 | ▼ € 108,603 |
| Bank debt | € 12,950 | € 483,157 | € 444,335 | € 409,235 | ▼ 8% |
| Balance sheet total | € 313,280 | € 886,030 | € 832,049 | € 776,003 | ▼ 7% |
Key figures of IMMOSTAR, 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 IMMOSTAR?
What happened at IMMOSTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INGWER BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 108,603. filed late Source: NBB ↗
- INGWER BV became a director. NBB
- New establishment in Zemst. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,651 loss in 2022 to € 108,603 loss in 2025.
Best year ever: 2023, with € 3,828 profit.
Management
The stake of BEMAKO HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMOSTARThe shares are held by BEMAKO HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Maertens Igor
Also active at: BEMAKO HOLDING, ATINA, IMMOMASTER, C.E.G. PROJECTONTWIKKELAARS, ELEC. D.V.C., TAKELDIENST LIEBERT KURT, TECHNAUT, WEGELIGHT +1 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brouwershof 7
1980 Zemst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BEMAKO HOLDING same network
€ 146,332 gross margin · 2025
IMMOMASTER same network
€ 176,008 gross margin · 2025
INGWER same network
€ 91,806 gross margin · 2025
WEGELIGHT same network
€ 508,838 gross margin · 2025
TOPTEAM same network
€ 12,593 gross margin · 2025
+1 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
- 0448.591.643
- VAT number
- BE 0448.591.643
- Registered office
- Brouwershof 7, 1980 Zemst
- Names & denominations
- IMMOSTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1992
- Peppol
- Active · Active since 1 Jan 2001