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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Immo Narviflex from Geel, company number BE0472353475, closed financial year 2025 with a result of € 149,433 after tax. For that financial year Immo Narviflex recorded a gross margin of € 518,173 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 105,550 to € 149,433. 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 15, 2026.
€ 1.3 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 149,433
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 32,913
▼ 50% 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 € 1.1 million.
Debts at end 2025
€ 2 million
▼ 12% vs 2024
€ 201,669 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 422
▲ € 369 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,808
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 | € 407,085 | € 480,110 | € 499,922 | € 518,173 | ▲ 4% |
| Profit after taxes | € 133,300 | € 61,548 | € 105,550 | € 149,433 | ▲ 42% |
| Equity | € 951,601 | € 1,013,149 | € 1,118,698 | € 1,268,132 | ▲ 13% |
| Total debts | € 1,739,910 | € 2,660,370 | € 2,426,190 | € 2,021,485 | ▼ 17% |
| Cash | € 229,788 | € 57,011 | € 65,977 | € 32,913 | ▼ 50% |
| Land & buildings | € 2,460,905 | € 3,597,967 | € 3,459,358 | € 3,251,663 | ▼ 6% |
| Retained profit | € 777,601 | € 839,149 | € 944,698 | € 1,094,132 | ▲ 16% |
| Bank debt | € 1,705,831 | € 2,603,385 | € 2,265,944 | € 1,994,221 | ▼ 12% |
| Balance sheet total | € 2,691,511 | € 3,673,519 | € 3,544,888 | € 3,289,616 | ▼ 7% |
Key figures of Immo Narviflex, 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 Narviflex?
What happened at Immo Narviflex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- G 4 G - Invest BV stepped down as director. NBB
- Donarco NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 149,433 (▲ 42% vs 2024). Source: NBB ↗
- G 4 G - Invest BV became a director. NBB
- Donarco NV became a director. NBB
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,300 profit in 2022 to € 149,433 profit in 2025.
Paid € 149,943 in corporate taxes since 2022.
Best year ever: 2025, with € 149,433 profit.
Management
The stake of DONARCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immo NarviflexThe shares are held by DONARCO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Geert Helsen
Also active at: NARVIFLEX, MINERAL COMPOSITE, TIP TOP BELTING, RINDUS, DONARCO
since 2021 · until 2027
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Liesdonk 7
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0472.353.475
- VAT number
- BE 0472.353.475
- Registered office
- Liesdonk 7, 2440 Geel
- Names & denominations
- Immo Narviflex
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2000
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen