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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO STUBBE from Zonnebeke, company number BE0474056420, closed financial year 2025 with a result of € 514,892 after tax. For that financial year IMMO STUBBE recorded a gross margin of € 972,943 and equity of € 7 million. Compared with financial year 2024, the result moved from € 591,318 to € 514,892. The company is profitable. 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 October 16, 2025.
€ 7 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 514,892
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 454,946
▼ 81% 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 € 3.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 298,026
▼ 53% vs 2024
Loans from banks and other lenders, long and short.
€ 70,703
▲ € 68,748 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,400
▼ 67% 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 | € 827,101 | € 876,877 | € 1,083,203 | € 972,943 | ▼ 10% |
| Profit after taxes | € 373,390 | € 404,085 | € 591,318 | € 514,892 | ▼ 13% |
| Equity | € 4,445,554 | € 4,849,639 | € 6,440,957 | € 6,955,849 | ▲ 8% |
| Total debts | € 1,231,411 | € 929,685 | € 1,209,348 | € 972,006 | ▼ 20% |
| Cash | € 196,883 | € 584,483 | € 2,456,075 | € 454,946 | ▼ 81% |
| Land & buildings | € 4,634,817 | € 4,344,509 | € 4,834,931 | € 5,127,684 | ▲ 6% |
| Retained profit | € 1,574,554 | € 1,978,639 | € 2,569,957 | € 3,084,849 | ▲ 20% |
| Dividend | € 250,288 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,231,411 | € 924,935 | € 639,934 | € 298,026 | ▼ 53% |
| Balance sheet total | € 5,676,964 | € 5,779,324 | € 7,650,305 | € 7,927,855 | ▲ 4% |
Key figures of IMMO STUBBE, 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 October 2026.
What happened to IMMO STUBBE?
What happened at IMMO STUBBE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 514,892 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 373,390 profit in 2022 to € 514,892 profit in 2025.
Paid € 589,212 in corporate taxes since 2022.
Best year ever: 2024, with € 591,318 profit.
Paid out € 250,288 in dividends to the owners in total.
Management
The stake of DE VELDHOEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO STUBBEBehind IMMO STUBBE are De Veldhoek BV and Goedele Masschelein. The shares are held by DE VELDHOEK (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Lieven Stubbe
Also active at: FLANDRIA - Tabak, sigaren en sigarettenfabriek, TABAKSBEDRIJF STUBBE, STUBBE TOBACCO TRADING, AllPhi Group
Goedele Masschelein
Managing director
Also active at: FLANDRIA - Tabak, sigaren en sigarettenfabriek, TABAKSBEDRIJF STUBBE, DE VELDHOEK, STUBBE TOBACCO TRADING
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Plasstraat 6
8980 Zonnebeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0474.056.420
- VAT number
- BE 0474.056.420
- Registered office
- Plasstraat 6, 8980 Zonnebeke
- Names & denominations
- IMMO STUBBE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2001
- Peppol
- Active · Active since 11 Jun 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen