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 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO 167 from Watermaal-Bosvoorde, company number BE0466553766, closed financial year 2025 with a result of € 406,916 after tax. For that financial year IMMO 167 recorded a gross margin of € 1.3 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 369,562 to € 406,916. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 4.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 406,916
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 223,650
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 386,570 paid out
95 % of the profit went to the shareholders, mostly to SDI Real Estate (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 5,445
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▼ 14% vs 2024
€ 433,333 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 156,138
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,901
▲ 29% 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 | € 990,904 | € 1,168,881 | € 1,253,526 | € 1,313,273 | ▲ 5% |
| Profit after taxes | € 220,974 | € 368,362 | € 369,562 | € 406,916 | ▲ 10% |
| Equity | € 4,891,459 | € 5,259,821 | € 4,416,172 | € 4,436,518 | |
| Total debts | € 5,342,453 | € 4,441,229 | € 4,534,875 | € 4,111,676 | ▼ 9% |
| Cash | € 1,052,582 | € 1,123,797 | € 389,957 | € 223,650 | ▼ 43% |
| Land & buildings | € 8,798,936 | € 8,298,078 | € 7,943,175 | € 7,578,825 | ▼ 5% |
| Retained profit | € -328,592 | € 39,770 | € 196,121 | € 216,467 | ▲ 10% |
| Dividend | € 209,000 | € 0 | € 213,211 | € 386,570 | ▲ 81% |
| Bank debt | € 4,766,667 | € 4,333,333 | € 4,008,333 | € 3,466,667 | ▼ 14% |
| Balance sheet total | € 10,233,912 | € 9,701,051 | € 8,951,047 | € 8,548,194 | ▼ 5% |
Key figures of IMMO 167, 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 167?
What happened at IMMO 167 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Moerloose Kevin stepped down as director. NBB
- DTK CONSULTING stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 406,916 (▲ 10% vs 2024). Source: NBB ↗
- De Moerloose Kevin became a director. NBB
- DTK CONSULTING became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 220,974 profit in 2022 to € 406,916 profit in 2025.
Paid € 272,096 in corporate taxes since 2022.
Best year ever: 2025, with € 406,916 profit.
Paid out € 808,781 in dividends to the owners in total.
Management
The stake of SDI Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO 167The shares are held by SDI Real Estate (100%).
Directors
According to the 2025 annual accounts
De Moerloose Kevin
Director
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 177 box 20
1170 Watermaal-Bosvoorde
Terhulpsesteenweg 130 box 2
1000 Brussel
Active since 4 December 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Euroconseils
€ -776 gross margin · 2025
Chanic
€ 126,443 gross margin · 2025
VISHA
€ 164,650 gross margin · 2025
International Beverages Corporation
Pro Familia
+20 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
- 0466.553.766
- VAT number
- BE 0466.553.766
- Registered office
- Terhulpsesteenweg 177 bus 20, 1170 Watermaal-Bosvoorde
- Names & denominations
- IMMO 167
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1999
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van syndici van onroerend goed
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Ontwikkeling van residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis