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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
LOUISIMMO from Ukkel, company number BE0472504618, closed financial year 2024 with a result of € -323,320 after tax. For that financial year LOUISIMMO recorded a gross margin of € 466,962 and equity of € -2.6 million. Compared with financial year 2023, the result moved from € -255,354 to € -323,320. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ -2.6 million
▼ € 323,320 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -323,320
▼ 27 % more loss than in 2023
Profit after tax over the fiscal year.
€ 14,205
▲ € 12,363 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 5.9 million
▼ 3% vs 2023
€ 3.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 202,987
▲ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 243,557
▲ 95% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 477,545 | € 494,431 | € 452,598 | - | |
| Gross margin | - | - | - | € 466,962 | |
| Profit after taxes | € -1,316,573 | € -1,526,294 | € -255,354 | € -323,320 | ▼ € 67,966 |
| Equity | € -479,802 | € -2,006,096 | € -2,261,450 | € -2,584,770 | ▼ € 323,320 |
| Total debts | € 6,544,595 | € 6,419,272 | € 6,435,449 | € 6,408,511 | |
| Cash | - | € 3,550 | € 1,841 | € 14,205 | ▲ € 12,363 |
| Land & buildings | € 2,065,450 | € 1,965,520 | € 1,860,053 | € 1,754,586 | ▼ 6% |
| Retained profit | € -1,679,802 | € -3,206,096 | € -3,461,450 | € -3,784,770 | ▼ € 323,320 |
| Bank debt | € 6,448,985 | € 6,240,105 | € 6,104,080 | € 5,906,123 | ▼ 3% |
| Balance sheet total | € 6,064,794 | € 4,413,176 | € 4,173,999 | € 3,823,740 | ▼ 8% |
Key figures of LOUISIMMO, 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 LOUISIMMO?
What happened at LOUISIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 323,320. filed late Source: NBB ↗
- MANAGEMENT GESTION & SERVICES 'M.G.S.' became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million loss in 2021 to € 323,320 loss in 2024.
Paid € 194,991 in corporate taxes since 2021.
Management
The stake of SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE, BELFOCA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOUISIMMOBehind LOUISIMMO is MANAGEMENT GESTION & SERVICES 'M.G.S.'. The shares are held by SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (54.7%) and BELFOCA (45.3%). It owns 57.7% of Favos itself.
Directors
According to the 2024 annual accounts
MANAGEMENT GESTION & SERVICES 'M.G.S.'
Director · represented by Gérald Hibert
Also active at: Immobilière de la Toison d'Or, Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS +35 more
since 2023
Shareholders
Participations
57.7%
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Immobilière de la Toison d'Or same network
€ 1.4 million revenue · 2024
Société d'Etudes et de Réalisations de la Galerie Louise same network
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
+53 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
- 0472.504.618
- VAT number
- BE 0472.504.618
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- LOUISIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 2000
- Peppol
- Active · Active since 11 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen