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 17 % 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 935 from Ukkel, company number BE0535744955, closed financial year 2025 with a result of € 138,902 after tax. For that financial year IMMO 935 recorded a gross margin of € 333,264 and equity of € 657,810. Compared with financial year 2024, the result moved from € 130,076 to € 138,902. Profitable, and profit is growing. 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 May 31, 2026.
€ 657,810
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 138,902
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 122,101
▲ 13% 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 € 637,810.
Debts at end 2025
€ 453,740
▼ 25% vs 2024
€ 156,069 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,676
▲ 128% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 295,943 | € 313,682 | € 319,403 | € 333,264 | ▲ 4% |
| Profit after taxes | € 121,986 | € 78,634 | € 130,076 | € 138,902 | ▲ 7% |
| Equity | € 310,198 | € 388,832 | € 518,908 | € 657,810 | ▲ 27% |
| Total debts | € 1,608,061 | € 1,451,658 | € 1,218,983 | € 1,002,445 | ▼ 18% |
| Cash | € 112,498 | € 124,265 | € 108,393 | € 122,101 | ▲ 13% |
| Land & buildings | € 1,610,716 | € 1,540,685 | € 1,470,654 | € 1,400,623 | ▼ 5% |
| Retained profit | € 290,198 | € 368,832 | € 498,908 | € 637,810 | ▲ 28% |
| Bank debt | € 896,680 | € 753,128 | € 605,519 | € 453,740 | ▼ 25% |
| Balance sheet total | € 1,918,260 | € 1,840,491 | € 1,737,891 | € 1,660,255 | ▼ 4% |
Key figures of IMMO 935, 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 935?
What happened at IMMO 935 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 138,902 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Franck PAPAZIAN became a director. NBB
- Khalil LADHA became a director. NBB
In short
From € 121,986 profit in 2022 to € 138,902 profit in 2025.
Paid € 167,683 in corporate taxes since 2022.
Best year ever: 2025, with € 138,902 profit.
A new publication or filing at IMMO 935? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind IMMO 935 are Franck PAPAZIAN and Khalil LADHA.
Directors
According to the 2025 annual accounts
Franck PAPAZIAN
Manager
since 2013
Khalil LADHA
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 935
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0535.744.955
- VAT number
- BE 0535.744.955
- Registered office
- Waterloosesteenweg 935, 1180 Ukkel
- Names & denominations
- IMMO 935
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2013
- Peppol
- Not registered