What does IMMOBEL Project Management do?

IMMOBEL Project Management is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 27 September 2001, 1 establishment.

What is the address of IMMOBEL Project Management?

The registered office of IMMOBEL Project Management is located at Anspachlaan 1, 1000 Brussel.

Is IMMOBEL Project Management still active?

Yes. According to the CBE (29 October 2026) IMMOBEL Project Management is active, legal situation “Normale toestand”, started on 27 September 2001.

Is IMMOBEL Project Management registered on Peppol?

Yes, IMMOBEL Project Management is registered on the Peppol network with ID 0208:0475729174.

What is the enterprise number of IMMOBEL Project Management?

The enterprise number of IMMOBEL Project Management is BE0475729174.

When was IMMOBEL Project Management founded?

IMMOBEL Project Management was founded on 27 September 2001.

Who are the directors of IMMOBEL Project Management?

According to the 2025 annual accounts, the directors of IMMOBEL Project Management are: Adel Yahia Consult BV, AG Investment Management BV, Lady At Work BV, Queen-K BV, A³ Management BV.

Is IMMOBEL Project Management a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 September 2001; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did IMMOBEL Project Management make in 2025?

IMMOBEL Project Management posted a profit after taxes of € 749,669 in financial year 2025.

What is the revenue of IMMOBEL Project Management?

In its most recent annual accounts (2025), IMMOBEL Project Management reported revenue of € 11,101,941.

How much does an employee at IMMOBEL Project Management earn?

The average wage cost per full-time employee at IMMOBEL Project Management was € 96,100 in 2025: staff costs of € 1.7 million for 17.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IMMOBEL Project Management have?

According to the 2025 annual accounts, IMMOBEL Project Management has 17.7 full-time equivalents (FTE).

IMMOBEL Project Management (Public Limited) - Brussel

Dossier IMMOBEL Project Management, printed on 29 October 2026 from databakkes.be/en/0475729174/immobel-project-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

92 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

IMMOBEL Project Management from Brussel, company number BE0475729174, closed financial year 2025 with a result of € 749,669 after tax. For that financial year IMMOBEL Project Management recorded revenue of € 11.1 million and equity of € -4.1 million. Compared with financial year 2024, the result moved from € -4.6 million to € 749,669. Profitable, and profit is growing. 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 September 28, 2026.

What it is worth Caution

€ -4.1 million

▲ € 749,669 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 749,669

▲ still € 4.6 million loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4.2 million.

People and assets in 2025

Full-time equivalents

17.7

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 7.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.7 million

▲ 1% vs 2024

€ 96,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 476

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 12.6 million

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 542 days on average.

Taxes and wages

€ 292,010

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 13,412,113 Revenue 2024: € 13,412,113 First fiscal year in the series	€ 11,101,941 Revenue 2025: € 11,101,941 ▼ 17% vs 2024 (€ 13,412,113) Unfavourable step	▼ 17%
Gross margin	€ -3,970,797 Gross margin 2022: € -3,970,797 First fiscal year in the series	€ 2,912,346 Gross margin 2023: € 2,912,346 ▲ € 6.9 million vs 2022 (€ -3,970,797) Favourable step	-	-
Profit after taxes	€ -5,258,250 Profit after taxes 2022: € -5,258,250 First fiscal year in the series	€ -165,410 Profit after taxes 2023: € -165,410 ▲ € 5.1 million vs 2022 (€ -5,258,250) Favourable step	€ -4,623,641 Profit after taxes 2024: € -4,623,641 ▼ € 4.5 million vs 2023 (€ -165,410) Unfavourable step	€ 749,669 Profit after taxes 2025: € 749,669 ▲ € 5.4 million vs 2024 (€ -4,623,641) Favourable step	▲ € 5.4 million
Equity	€ -44,740 Equity 2022: € -44,740 First fiscal year in the series	€ -210,150 Equity 2023: € -210,150 ▼ € 165,410 vs 2022 (€ -44,740) Unfavourable step	€ -4,833,791 Equity 2024: € -4,833,791 ▼ € 4.6 million vs 2023 (€ -210,150) Unfavourable step	€ -4,084,122 Equity 2025: € -4,084,122 ▲ € 749,669 vs 2024 (€ -4,833,791) Favourable step	▲ € 749,669
Total debts	€ 49,869,802 Total debts 2022: € 49,869,802 First fiscal year in the series	€ 53,609,064 Total debts 2023: € 53,609,064 ▲ 7% vs 2022 (€ 49,869,802) Unfavourable step	€ 62,753,743 Total debts 2024: € 62,753,743 ▲ 17% vs 2023 (€ 53,609,064) Unfavourable step	€ 70,586,860 Total debts 2025: € 70,586,860 ▲ 12% vs 2024 (€ 62,753,743) Unfavourable step	▲ 12%
Cash	€ 9,225,090 Cash 2022: € 9,225,090 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 9,225,090) Unfavourable step	-	-
Retained profit	€ -145,740 Retained profit 2022: € -145,740 First fiscal year in the series	€ -311,150 Retained profit 2023: € -311,150 ▼ € 165,410 vs 2022 (€ -145,740) Unfavourable step	€ -4,934,791 Retained profit 2024: € -4,934,791 ▼ € 4.6 million vs 2023 (€ -311,150) Unfavourable step	€ -4,185,122 Retained profit 2025: € -4,185,122 ▲ € 749,669 vs 2024 (€ -4,934,791) Favourable step	▲ € 749,669
Balance sheet total	€ 49,825,061 Balance sheet total 2022: € 49,825,061 First fiscal year in the series	€ 53,398,914 Balance sheet total 2023: € 53,398,914 ▲ 7% vs 2022 (€ 49,825,061) Unchanged	€ 57,919,953 Balance sheet total 2024: € 57,919,953 ▲ 8% vs 2023 (€ 53,398,914) Unchanged	€ 66,502,739 Balance sheet total 2025: € 66,502,739 ▲ 15% vs 2024 (€ 57,919,953) Unchanged	▲ 15%
Employees (FTE)	9.9 Employees (FTE) 2022: 9.9 First fiscal year in the series	17.3 Employees (FTE) 2023: 17.3 ▲ 7.4 vs 2022 (9.9) Unchanged	18.1 Employees (FTE) 2024: 18.1 ▲ 0.8 vs 2023 (17.3) Unchanged	17.7 Employees (FTE) 2025: 17.7 ▼ 0.4 vs 2024 (18.1) Unchanged	▼ 0.4

Key figures of IMMOBEL Project Management, 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 IMMOBEL Project Management?

What happened at IMMOBEL Project Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 AG Investment Management BV stepped down as director. NBB
2028 Lady At Work BV stepped down as director. NBB
2027 Queen-K BV stepped down as director. NBB
2027 A³ Management BV stepped down as director. NBB
Sep 28, 2026 New annual accounts for financial year 2025: profit of € 749,669. filed late Source: NBB ↗
2026 Adel Yahia Consult BV stepped down as director. NBB
2026 AG Investment Management BV became a director. NBB
2025 Adel Yahia Consult BV became a director. NBB

In short

From € 5.3 million loss in 2022 to € 749,669 profit in 2025.

Paid € 143,507 in corporate taxes since 2022.

Best year ever: 2025, with € 749,669 profit.

On average € 168,300 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Immobel 100%

IMMOBEL Project Management

Immobel Lux 100%

The shares are held by Immobel (100%). It owns 100% of Immobel Lux itself.

Directors

According to the 2025 annual accounts

Adel Yahia Consult BV

Director · represented by Adel Yahia

Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, Entreprises et Gestion Immobilières, Lotinvest Development, QUOMAGO S.A., COSIMO, VELDIMMO, LES JARDINS DU NORD - NOORDWARANDE +45 more

since 2025 · until 2026

AG Investment Management BV

Director · represented by Alfred Galle

Also active at: Lebeau Residential, Isala Living, Green Office Justice

since 2026 · until 2029

Lady At Work BV

Director · represented by Stéphanie de Wilde

Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, Entreprises et Gestion Immobilières, Lotinvest Development, QUOMAGO S.A., VELDIMMO, ILOT ECLUSE, LES JARDINS DU NORD - NOORDWARANDE +54 more

since 2024 · until 2028

Queen-K BV

Director · represented by Olivier Thiel

Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, QUOMAGO S.A., COSIMO, VELDIMMO, LES JARDINS DU NORD - NOORDWARANDE, ESPACE NIVELLES, 'T Park Development +29 more

since 2023 · until 2027

A³ Management BV

Director · represented by Marnix Galle

Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Entreprises et Gestion Immobilières, GOODWAYS, "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", QUOMAGO S.A., VELDIMMO, ILOT ECLUSE, LES JARDINS DU NORD - NOORDWARANDE +24 more

since 2023 · until 2027

Shareholders

Immobel

100%

Participations

Immobel Lux

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Anspachlaan 1

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 92 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0475.729.174

VAT number

BE 0475.729.174

Registered office

Anspachlaan 1, 1000 Brussel

Names & denominations

IMMOBEL Project Management · IMMOBEL P.M.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 September 2001

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor kantoorbouw

Ontwikkeling van niet-residentiële bouwprojecten

Handel in eigen onroerend goed

Handel in onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗