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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMOGOV from Wichelen, company number BE0450262320, closed financial year 2025 with a result of € -16,415 after tax. For that financial year IMMOGOV recorded a gross margin of € 155,514 and equity of € 310,903. Compared with financial year 2024, the result moved from € -3,091 to € -16,415. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 310,903
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,415
▼ 431 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27,142
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 248,903.
People and assets in 2025
€ 149
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 17% vs 2024
€ 133,794 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,979
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,732
▲ 41% 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 | € 119,320 | € 194,321 | € 151,748 | € 155,514 | ▲ 2% |
| Profit after taxes | € -17,910 | € 51,206 | € -3,091 | € -16,415 | ▼ € 13,323 |
| Equity | € 279,203 | € 330,409 | € 327,317 | € 310,903 | ▼ 5% |
| Total debts | € 2,251,446 | € 2,178,954 | € 2,212,073 | € 2,485,172 | ▲ 12% |
| Cash | € 94,570 | € 3,514 | € 20,437 | € 27,142 | ▲ 33% |
| Land & buildings | € 2,293,764 | € 2,276,228 | € 2,498,150 | € 2,425,899 | ▼ 3% |
| Retained profit | € 217,203 | € 268,409 | € 265,317 | € 248,903 | ▼ 6% |
| Bank debt | € 1,344,770 | € 1,135,793 | € 1,004,963 | € 1,172,449 | ▲ 17% |
| Balance sheet total | € 2,653,202 | € 2,624,558 | € 2,648,699 | € 2,899,497 | ▲ 9% |
Key figures of IMMOGOV, 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 IMMOGOV?
What happened at IMMOGOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Inge Govaert stepped down as director. NBB
- Ignace Govaert stepped down as director. NBB
- Kristof Govaert stepped down as director. NBB
- Willy Govaert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 16,415. Source: NBB ↗
- Inge Govaert became a director. NBB
- Ignace Govaert became a director. NBB
- Kristof Govaert became a director. NBB
In short
From € 17,910 loss in 2022 to € 16,415 loss in 2025.
Best year ever: 2023, with € 51,206 profit.
Management
The stake of Govimmo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMOGOVThe shares are held by Govimmo (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Ignace Govaert
Director
Also active at: BECAUS, ROAD SWEEPER RENTING, AQUAMELLA, A 2, IRCOM, TRAFIC-SIGNALISATION-SECURITE, REGOMEF, MARQUISE DE MOULBAIX +7 more
since 2023 · until 2029
Kristof Govaert
Director
Also active at: WILLER, A.B.O.G., IGOV, BECAUS, ROAD SWEEPER RENTING, AQUAMELLA, DKH, A 2 +10 more
since 2023 · until 2029
Willy Govaert
Managing director
Also active at: A.B.O.G., MOULBAIX CONSULTING, A-GROUP, GovEst, Govimmo
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolfgat 14
9260 Wichelen
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
- 0450.262.320
- VAT number
- BE 0450.262.320
- Registered office
- Wolfgat 14, 9260 Wichelen
- Names & denominations
- IMMOGOV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 1993
- Peppol
- Active · Active since 25 Nov 2025