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 27 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO YMCO from Liège, company number BE0452196875, closed financial year 2025 with a result of € -6,582 after tax. For that financial year IMMO YMCO recorded a gross margin of € 16,441 and equity of € 449,078. Compared with financial year 2024, the result moved from € 58,553 to € -6,582. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 449,078
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,582
▼ still € 58,553 profit in 2024
Profit after tax over the fiscal year.
€ 2,064
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 387,104.
People and assets in 2025
€ 3,850
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 702,156
▲ 116% vs 2024
Loans from banks and other lenders, long and short.
€ 73,442
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,272
▼ 37% 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 | € -42,088 | € 248,413 | € 115,310 | € 16,441 | ▼ 86% |
| Profit after taxes | € -82,484 | € 156,551 | € 58,553 | € -6,582 | ▼ € 65,135 |
| Equity | € 240,555 | € 397,106 | € 455,659 | € 449,078 | ▼ 1% |
| Total debts | € 1,163,986 | € 975,374 | € 982,983 | € 879,364 | ▼ 11% |
| Cash | € 8,049 | € 255,919 | € 85,666 | € 2,064 | ▼ 98% |
| Retained profit | € 178,582 | € 335,133 | € 393,686 | € 387,104 | ▼ 2% |
| Bank debt | € 1,053,998 | € 834,595 | € 324,362 | € 702,156 | ▲ 116% |
| Balance sheet total | € 1,404,541 | € 1,380,855 | € 1,447,017 | € 1,336,816 | ▼ 8% |
Key figures of IMMO YMCO, 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 YMCO?
What happened at IMMO YMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,582 (▼ € 65,135 vs 2024). filed late Source: NBB ↗
- Renaud MESSENS became a director. NBB
- Laurent MASSILLON became a director. NBB
- New establishment in Ferrières. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,484 loss in 2022 to € 6,582 loss in 2025.
Paid € 60,921 in corporate taxes since 2022.
Best year ever: 2023, with € 156,551 profit.
Management
Behind IMMO YMCO are Renaud MESSENS and Laurent MASSILLON. The same people are also behind Notos IMMO. Renaud MESSENS is also behind LOW-E. Laurent MASSILLON is also behind YACHA IMMO, RM DEVELOPPEMENT, MH LOGISTICS, L.B-POST INVEST and IMMO JENA.
Directors
According to the 2025 annual accounts
since 2019
Laurent MASSILLON
Director
Also active at: YACHA IMMO, RM DEVELOPPEMENT, MH LOGISTICS, L.B-POST INVEST, Notos IMMO, IMMO JENA, LBMH
since 2019
Establishments
Establishment units
Physical locations of this company
Avenue Blonden 44 box 12
4000 Liège
Es Spita 5
4190 Ferrières
Active since 18 September 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →FE CONCEPT
€ -4,553 gross margin · 2025
YACHA IMMO same network
€ 19,875 gross margin · 2025
RM DEVELOPPEMENT same network
€ 67,288 gross margin · 2025
HAPPY Business Center
MH LOGISTICS same network
€ 552,681 gross margin · 2025
+6 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
- 0452.196.875
- VAT number
- BE 0452.196.875
- Registered office
- Avenue Blonden 44 bus 12, 4000 Liège
- Names & denominations
- IMMO YMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1994
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
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