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.
Financials
Financial year 2025
Immo Braem from Kortemark, company number BE0451511640, closed financial year 2025 with a result of € -40,726 after tax. For that financial year Immo Braem recorded a gross margin of € -22,197 and equity of € 135,925. Compared with financial year 2024, the result moved from € -17,670 to € -40,726. 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 August 31, 2026.
€ 135,925
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,726
▼ 130 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,019
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -149,649.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,375
▲ € 2,791 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,326 | € -17,864 | € -9,010 | € -22,197 | ▼ € 13,187 |
| Profit after taxes | € -15,685 | € -26,031 | € -17,670 | € -40,726 | ▼ € 23,056 |
| Equity | € 220,352 | € 194,321 | € 176,651 | € 135,925 | ▼ 23% |
| Total debts | € 3,269 | € 4,061 | € 583 | € 3,375 | ▲ € 2,791 |
| Cash | € 68,392 | € 43,281 | € 27,067 | € 5,019 | ▼ 81% |
| Land & buildings | € 152,075 | € 145,713 | € 139,352 | € 132,990 | ▼ 5% |
| Retained profit | € -65,221 | € -91,252 | € -108,923 | € -149,649 | ▼ € 40,726 |
| Balance sheet total | € 223,621 | € 198,382 | € 177,234 | € 139,299 | ▼ 21% |
Key figures of Immo Braem, 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 Braem?
What happened at Immo Braem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,726. filed late Source: NBB ↗
- Johan Braem stepped down as director. NBB
- Karin Braem stepped down as director. NBB
- Rose-Anne Braem stepped down as director. NBB
- Karin Braem became a director. NBB
- Johan Braem became a director. NBB
- Rose-Anne Braem became a director. NBB
- New establishment in Kortemark. KBO
In short
From € 15,685 loss in 2022 to € 40,726 loss in 2025.
Management
The stake of Immovac comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immo BraemThe shares are held by Immovac (20%).
Directors
According to the 2025 annual accounts
Johan Braem
Managing director
since 2022 · until 2026
Karin Braem
Director
since 2023 · until 2026
since 2022 · until 2026
Shareholders
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Handzaamse Nieuwstraat 7
8610 Kortemark
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0451.511.640
- VAT number
- BE 0451.511.640
- Registered office
- Handzaamse Nieuwstraat 7, 8610 Kortemark
- Names & denominations
- Immo Braem
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1993
- Peppol
- Active · Active since 24 Oct 2025