Financials
Financial year 2025
Immo North I from Wemmel, company number BE0452460755, closed financial year 2025 with a result of € 175,439 after tax. For that financial year Immo North I recorded revenue of € 739,500 and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 273,716 to € 175,439. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 4.4 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,439
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 84,542
▲ € 84,335 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 11.3 million
▲ 121% vs 2024
€ 619,319 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 109,411
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,930
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,341,805 | € 41,396,267 | € 739,499 | € 739,500 | |
| Profit after taxes | € -506,676 | € 256,012 | € 273,716 | € 175,439 | ▼ 36% |
| Equity | € 2,880,572 | € 3,136,584 | € 4,447,662 | € 4,373,101 | ▼ 2% |
| Total debts | € 11,277,196 | € 12,020,430 | € 6,926,773 | € 11,568,345 | ▲ 67% |
| Cash | € 376,731 | € 1,198,218 | € 207 | € 84,542 | ▲ € 84,335 |
| Land & buildings | € 6,577,635 | € 6,523,836 | € 10,727,754 | € 10,590,397 | ▼ 1% |
| Retained profit | € 1,581,058 | € 1,837,070 | € 2,468,060 | € 2,393,499 | ▼ 3% |
| Dividend | € 0 | € 0 | € 250,000 | € 250,000 | |
| Bank debt | € 4,000,000 | € 5,244,988 | € 5,120,000 | € 11,301,005 | ▲ 121% |
| Balance sheet total | € 14,157,768 | € 15,157,014 | € 11,387,601 | € 15,954,612 | ▲ 40% |
| Employees (FTE) | 19.5 | 23.9 | - | - |
Key figures of Immo North I, 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 North I?
What happened at Immo North I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antoine de Harlez stepped down as director. NBB
- IMMO 73 SA stepped down as director. NBB
- Benoit Catelin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 175,439 (▼ 36% vs 2024). Source: NBB ↗
- IMMO 73 SA became a director. NBB
- Antoine de Harlez became a director. NBB
- Benoit Catelin became a director. NBB
- New establishment in Wemmel. KBO
In short
From € 506,676 loss in 2022 to € 175,439 profit in 2025.
Paid € 194,666 in corporate taxes since 2022.
Best year ever: 2024, with € 273,716 profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The stake of SAAEM Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immo North IThe shares are held by SAAEM Belgium (100%).
Directors
According to the 2025 annual accounts
Antoine de Harlez
Managing director
Also active at: CARDENIS, Star Mobility Center, Maurin Immo East I, SAAEM Belgium, SNAB
since 2024 · until 2029
IMMO 73 SA
Managing director · represented by Caroline Maurin
Also active at: IMMO WEST 1, Maurin Immo East II, CARDENIS, Maurin Immo West II, Maurin Immo East III
since 2026 · until 2029
Benoit Catelin
Managing director
Also active at: IMMO WEST 1, GARAGE MODERN, GH Real Estate I, GARAGE PAUWELS, Maurin Immo East II, REVISIEBEDRIJF CLAES & ZONEN, EURO-TRUCKS CLAES, EURO-TRUCKS RENTING +22 more
since 2024 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenweg op Brussel 253
1780 Wemmel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.460.755
- VAT number
- BE 0452.460.755
- Registered office
- Steenweg op Brussel 253, 1780 Wemmel
- Names & denominations
- Immo North I
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1994
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van terreinen
Activiteiten van holdings