Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
IMMOCEL from Heusden-Zolder, company number BE0461657048, closed financial year 2024 with a result of € 47,857 after tax. For that financial year IMMOCEL recorded a gross margin of € 297,773 and equity of € 187,130. Compared with financial year 2023, the result moved from € 9,597 to € 47,857. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ 187,130
▲ 34% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,857
▲ € 38,261 vs 2023
Profit after tax over the fiscal year.
€ 27,659
▲ € 21,545 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -292,370.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 22,695
▼ 42% vs 2023
€ 22,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,853
▼ 67% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.5 million
▼ 11% vs 2023
€ 304,336 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 123,610
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,048
▼ 11% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 288,814 | € 373,559 | € 510,569 | € 297,773 | ▼ 42% |
| Profit after taxes | € -64,745 | € 20,798 | € 9,597 | € 47,857 | ▲ € 38,261 |
| Equity | € 108,879 | € 129,677 | € 139,273 | € 187,130 | ▲ 34% |
| Total debts | € 4,506,545 | € 4,269,672 | € 4,075,754 | € 3,843,362 | ▼ 6% |
| Cash | € 35,069 | € 38,965 | € 6,114 | € 27,659 | ▲ € 21,545 |
| Land & buildings | € 4,357,971 | € 4,261,450 | € 4,060,855 | € 3,896,605 | ▼ 4% |
| Retained profit | € -370,621 | € -349,823 | € -340,227 | € -292,370 | ▲ € 47,857 |
| Bank debt | € 3,374,260 | € 3,087,158 | € 2,794,422 | € 2,496,088 | ▼ 11% |
| Balance sheet total | € 4,615,425 | € 4,399,349 | € 4,330,027 | € 4,057,734 | ▼ 6% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of IMMOCEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IMMOCEL?
What happened at IMMOCEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- C-TALK BV stepped down as director. NBB
- NEWBUILD BV stepped down as director. NBB
- COAST MANAGEMENT & CONSTRUCT BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 47,857 (▲ € 38,261 vs 2023). Source: NBB ↗
- New establishment in Westerlo. KBO
- C-TALK BV became a director. NBB
- COAST MANAGEMENT & CONSTRUCT BV became a director. NBB
- NEWBUILD BV became a director. NBB
In short
From € 64,745 loss in 2021 to € 47,857 profit in 2024.
Paid € 539 in corporate taxes since 2021.
Best year ever: 2024, with € 47,857 profit.
On average € 297,800 of value added per employee in 2024.
A new publication or filing at IMMOCEL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Managing director · represented by Claes NINA
Also active at: GROEP GENCOM, BUILDING & PARTNERS, SONISON, IMMOBILIERE VAN EYCK, BRUSSELS EAST PROPERTY PARTNERS, COAST MANAGEMENT & CONSTRUCT, FIX, House of Construction +2 more
since 2016 · until 2028
Managing director · represented by Claes PAUL
Also active at: GROEP GENCOM, SONISON, COAST MANAGEMENT & CONSTRUCT, The Sunshine Club
since 2015 · until 2028
COAST MANAGEMENT & CONSTRUCT BV
Managing director · represented by Houben ELLY
Also active at: BUILDING & PARTNERS, FIX, House of Construction
since 2016 · until 2028
Establishments
Establishment units
Physical locations of this company
Obbeekstraat 20
3550 Heusden-Zolder
Snelwegstraat 11
2260 Westerlo
Active since 1 July 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.657.048
- VAT number
- BE 0461.657.048
- Registered office
- Obbeekstraat 20, 3550 Heusden-Zolder
- Names & denominations
- IMMOCEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1997
- Peppol
- Active · Active since 21 Mar 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen