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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO CSC from Schaarbeek, company number BE0479478126, closed financial year 2025 with a result of € 52,208 after tax. For that financial year IMMO CSC recorded a gross margin of € 109,064 and equity of € -97,397. Compared with financial year 2024, the result moved from € 15,414 to € 52,208. 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 June 9, 2026.
€ -97,397
▲ € 52,208 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,208
▲ 239% vs 2024
Profit after tax over the fiscal year.
€ 3,223
▼ 37% 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 € -103,597.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,074
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,756 | € 97,416 | € 103,427 | € 109,064 | ▲ 5% |
| Profit after taxes | € 22,832 | € 11,185 | € 15,414 | € 52,208 | ▲ 239% |
| Equity | € -176,204 | € -165,019 | € -149,605 | € -97,397 | ▲ € 52,208 |
| Total debts | € 575,571 | € 520,480 | € 414,681 | € 331,625 | ▼ 20% |
| Cash | € 29,340 | € 38,889 | € 5,083 | € 3,223 | ▼ 37% |
| Land & buildings | € 169,798 | € 108,505 | € 53,168 | € 27,784 | ▼ 48% |
| Retained profit | € -182,404 | € -171,219 | € -155,805 | € -103,597 | ▲ € 52,208 |
| Bank debt | € 230,000 | € 170,000 | € 0 | € 0 | |
| Balance sheet total | € 399,367 | € 355,461 | € 265,076 | € 234,228 | ▼ 12% |
Key figures of IMMO CSC, 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 CSC?
What happened at IMMO CSC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,208 (▲ 239% vs 2024). Source: NBB ↗
- Bartholomeus van Emmerik became a director. NBB
- Theodorus van Drunen became a director. NBB
- New establishment in Schaarbeek. KBO
- Walter Devos became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,832 profit in 2022 to € 52,208 profit in 2025.
Best year ever: 2025, with € 52,208 profit.
Management
Behind IMMO CSC are Walter Devos, Bartholomeus van Emmerik and Theodorus van Drunen. It owns 100% of Brenco bv itself.
Directors
According to the 2025 annual accounts
Walter Devos
Director
Also active at: Sint-Jan Berchmans Seminarie, Résidence du Gésu - Residentie De Gésu, Hulp voor de Belgische Missionarissen van de Sociëteit van Jezus - Aide aux Missionnaires belges de la Compagnie de Jésus, Lessius vereniging, Ontwikkelingshulp van de Belgische Jezuieten aan de Derde Wereld
since 2003
Bartholomeus van Emmerik
Director
Also active at: Huis van Leliendaal, Lessius vereniging, BRENCO, CSC-Building
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Vooruitgangstraat 323
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Centrum ter Preventie van Zelfdoding
€ 1.6 million gross margin · 2025
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€ 338,332 gross margin · 2023
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BRENCO same network
€ 161,801 gross margin · 2025
+20 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
- 0479.478.126
- VAT number
- BE 0479.478.126
- Registered office
- Vooruitgangstraat 323, 1030 Schaarbeek
- Names & denominations
- IMMO CSC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2003
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen