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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Immo Cordeel-Aertssen from Stabroek, company number BE0475228437, closed financial year 2025 with a result of € -442,362 after tax. For that financial year Immo Cordeel-Aertssen recorded a gross margin of € -231,279 and equity of € 4.2 million. Compared with financial year 2024, the result moved from € -279,820 to € -442,362. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 4.2 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -442,362
▼ 58 % more loss than in 2024
Profit after tax over the fiscal year.
€ 84,900
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 161,756.
Debts at end 2025
€ 3.3 million
▼ 36% vs 2024
Loans from banks and other lenders, long and short.
€ 250,276
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,967 | € -146,349 | € 52,712 | € -231,279 | ▼ € 283,991 |
| Profit after taxes | € -408,777 | € -505,627 | € -279,820 | € -442,362 | ▼ € 162,542 |
| Equity | € 5,389,564 | € 4,883,937 | € 4,604,118 | € 4,161,756 | ▼ 10% |
| Total debts | € 12,399,624 | € 9,067,748 | € 5,521,839 | € 3,558,274 | ▼ 36% |
| Cash | € 413,947 | € 235,422 | € 814,558 | € 84,900 | ▼ 90% |
| Retained profit | € 1,389,564 | € 883,937 | € 604,118 | € 161,756 | ▼ 73% |
| Bank debt | € 11,035,228 | € 8,547,138 | € 5,151,803 | € 3,307,999 | ▼ 36% |
| Balance sheet total | € 17,789,188 | € 13,951,686 | € 10,125,957 | € 7,720,030 | ▼ 24% |
Key figures of Immo Cordeel-Aertssen, 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 Cordeel-Aertssen?
What happened at Immo Cordeel-Aertssen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bert Weemaes BV stepped down as director. NBB
- Gregorius Aertssen stepped down as director. NBB
- Nova Laga BV stepped down as director. NBB
- Walter Wesenbeek stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 442,362. Source: NBB ↗
- Nova Laga BV became a director. NBB
- Bert Weemaes BV became a director. NBB
- Gregorius Aertssen became a director. NBB
In short
From € 408,777 loss in 2022 to € 442,362 loss in 2025.
Paid € 1 in corporate taxes since 2022.
Management
The stake of VLAECO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immo Cordeel-AertssenThe shares are held by VLAECO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Weemaes
Also active at: IMTECH BELGIE, C-Tech Holding, C-LIVING, IMMO MOTCHES, VITA HORECA TEMSE, CORDEEL GROUP, BERNARD CONSTRUCTION, DEMCOR +41 more
since 2023 · until 2028
Gregorius Aertssen
Director
Also active at: NEWMO HAREN, Aertssen Infra, NEWMO, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, AERTSSEN GROUP, Smeyers +27 more
since 2022 · until 2028
Director · represented by Laurence Gacoin
Also active at: C-FIRE, C-LIVING, SOBELTEC, IMMO MOTCHES, C-Energy, VITA HORECA TEMSE, CORDEEL GROUP, VLAECO +37 more
since 2025 · until 2028
Walter Wesenbeek
Director
Also active at: NEWMO HAREN, Aertssen Infra, NEWMO, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, Smeyers, ENVI +20 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Laageind 91
2940 Stabroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →NEWMO HAREN same network
€ -16,432 gross margin · 2025
Aertssen Infra same network
€ 199.1 million revenue · 2025
NEWMO same network
€ 1.1 million gross margin · 2025
AERTSSEN SERVICES same network
€ 37.9 million revenue · 2025
AERTSSEN TRANSPORT same network
€ 21.3 million revenue · 2025
+36 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
- 0475.228.437
- VAT number
- BE 0475.228.437
- Registered office
- Laageind 91, 2940 Stabroek
- Names & denominations
- Immo Cordeel-Aertssen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed