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 62 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMO D&M from Scherpenheuvel-Zichem, company number BE0476936726, closed financial year 2025 with a result of € 6,204 after tax. For that financial year IMMO D&M recorded a gross margin of € 36,661 and equity of € 305,524. Compared with financial year 2024, the result moved from € 11,053 to € 6,204. 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 June 24, 2026.
€ 305,524
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,204
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 29,545
▼ 21% 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 € 80,524.
Debts at end 2025
€ 213,516
▼ 14% vs 2024
€ 15,364 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 5,802
▲ 263% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,800
▼ 74% 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 | € 42,566 | € 44,967 | € 45,424 | € 36,661 | ▼ 19% |
| Profit after taxes | € 5,516 | € 7,262 | € 11,053 | € 6,204 | ▼ 44% |
| Equity | € 281,005 | € 288,267 | € 299,320 | € 305,524 | ▲ 2% |
| Total debts | € 319,709 | € 299,170 | € 286,365 | € 254,267 | ▼ 11% |
| Cash | € 9,482 | € 17,364 | € 37,444 | € 29,545 | ▼ 21% |
| Land & buildings | € 542,554 | € 520,810 | € 499,625 | € 480,541 | ▼ 4% |
| Retained profit | € 56,005 | € 63,267 | € 74,320 | € 80,524 | ▲ 8% |
| Bank debt | € 98,171 | € 83,522 | € 248,638 | € 213,516 | ▼ 14% |
| Balance sheet total | € 600,714 | € 587,437 | € 585,686 | € 559,791 | ▼ 4% |
Key figures of IMMO D&M, 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 D&M?
What happened at IMMO D&M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elena Ushakova stepped down as director. NBB
- Raphael Frederickx stepped down as director. NBB
- Luc Frederickx stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,204 (▼ 44% vs 2024). Source: NBB ↗
- Elena Ushakova became a director. NBB
- Raphael Frederickx became a director. NBB
- Luc Frederickx became a director. NBB
- New establishment in Scherpenheuvel-Zichem. KBO
In short
From € 5,516 profit in 2022 to € 6,204 profit in 2025.
Paid € 9,608 in corporate taxes since 2022.
Best year ever: 2024, with € 11,053 profit.
Management
It owns 35% of Verzekeringen Frederickx bv and 26% of Adafi Software bv itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Raphael Frederickx
Director
Also active at: Adafi Software, Verzekeringen Frederickx, SCHOENEN JANSSENS
since 2022 · until 2028
Luc Frederickx
Director
Also active at: LURA, Verzekeringen Frederickx, Peach.ELD, SCHOENEN JANSSENS
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Houwaartstraat 200
3270 Scherpenheuvel-Zichem
Houwaartstraat 200 box 1
3270 Scherpenheuvel-Zichem
Active since 25 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0476.936.726
- VAT number
- BE 0476.936.726
- Registered office
- Houwaartstraat 200, 3270 Scherpenheuvel-Zichem
- Names & denominations
- IMMO D&M
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2002
- Peppol
- Not registered