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 NAS from Court-Saint-Etienne, company number BE0454412435, closed financial year 2025 with a result of € -86,391 after tax. For that financial year IMMO NAS recorded a gross margin of € 5,546 and equity of € 144,298. Compared with financial year 2024, the result moved from € -13,367 to € -86,391. 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 July 9, 2026.
€ 144,298
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,391
▼ 546 % more loss than in 2024
Profit after tax over the fiscal year.
€ 198,045
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 125,706.
People and assets in 2025
€ 50,288
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 478,170
▼ 6% vs 2024
€ 13,326 is repaid this year. At this pace the long-term loan is gone in ≈ 36 years.
€ 3,921
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,311 | € 144,072 | € 13,275 | € 5,546 | ▼ 58% |
| Profit after taxes | € -2,903 | € 102,281 | € -13,367 | € -86,391 | ▼ € 73,024 |
| Equity | € 141,774 | € 244,055 | € 230,688 | € 144,298 | ▼ 37% |
| Total debts | € 561,786 | € 558,844 | € 518,254 | € 488,768 | ▼ 6% |
| Cash | € 18,798 | € 14,814 | € 107,517 | € 198,045 | ▲ 84% |
| Land & buildings | € 365,274 | € 347,345 | € 329,416 | € 311,488 | ▼ 5% |
| Retained profit | € 123,182 | € 225,463 | € 212,096 | € 125,706 | ▼ 41% |
| Bank debt | € 51,088 | € 39,414 | € 506,336 | € 478,170 | ▼ 6% |
| Balance sheet total | € 734,325 | € 832,477 | € 777,332 | € 660,268 | ▼ 15% |
Key figures of IMMO NAS, 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 NAS?
What happened at IMMO NAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Danièle Mathurin stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 86,391. Source: NBB ↗
- Danièle Mathurin became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Court-Saint-Etienne. KBO
In short
From € 2,903 loss in 2022 to € 86,391 loss in 2025.
Paid € 10,591 in corporate taxes since 2022.
Best year ever: 2023, with € 102,281 profit.
Management
It owns 50% of AD TIM itself.
Directors
According to the 2025 annual accounts
Danièle Mathurin
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Drève des Chevreuils 7
1490 Court-Saint-Etienne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.412.435
- VAT number
- BE 0454.412.435
- Registered office
- Drève des Chevreuils 7, 1490 Court-Saint-Etienne
- Names & denominations
- IMMO NAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1995
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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