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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO VELAINE from Andenne, company number BE0467962642, closed financial year 2025 with a result of € 14,436 after tax. For that financial year IMMO VELAINE recorded a gross margin of € 53,299 and equity of € 144,146. Compared with financial year 2024, the result moved from € 8,433 to € 14,436. 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 July 10, 2026.
€ 144,146
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,436
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 15,223
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 136,096.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 107,816
▼ 14% vs 2024
€ 14,056 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 12,864
▲ 167% 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 | € 45,512 | € 48,072 | € 42,772 | € 53,299 | ▲ 25% |
| Profit after taxes | € 12,164 | € 9,554 | € 8,433 | € 14,436 | ▲ 71% |
| Equity | € 111,723 | € 121,277 | € 129,710 | € 144,146 | ▲ 11% |
| Total debts | € 249,625 | € 222,221 | € 182,152 | € 160,131 | ▼ 12% |
| Cash | € 28,983 | € 40,970 | € 26,830 | € 15,223 | ▼ 43% |
| Land & buildings | € 122,273 | € 108,720 | € 95,166 | € 89,665 | ▼ 6% |
| Retained profit | € 105,526 | € 113,227 | € 121,660 | € 136,096 | ▲ 12% |
| Bank debt | € 156,421 | € 141,148 | € 125,616 | € 107,816 | ▼ 14% |
| Balance sheet total | € 365,193 | € 347,343 | € 315,335 | € 306,634 | ▼ 3% |
Key figures of IMMO VELAINE, 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 VELAINE?
What happened at IMMO VELAINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,436 (▲ 71% vs 2024). Source: NBB ↗
- New establishment in Andenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,164 profit in 2022 to € 14,436 profit in 2025.
Paid € 24,433 in corporate taxes since 2022.
Best year ever: 2025, with € 14,436 profit.
Management
Behind IMMO VELAINE is Michel NICKMANS. Michel NICKMANS is also behind NM MANAGEMENT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Velaine 164
5300 Andenne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.962.642
- VAT number
- BE 0467.962.642
- Registered office
- Rue de Velaine 164, 5300 Andenne
- Names & denominations
- IMMO VELAINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1999
- Peppol
- Active · Active since 10 Jul 2026