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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO LR from Tongeren-Borgloon, company number BE0597944226, closed financial year 2025 with a result of € 1,997 after tax. For that financial year IMMO LR recorded a gross margin of € 108,411 and equity of € -14,900. Compared with financial year 2024, the result moved from € -25,875 to € 1,997. 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 August 28, 2026.
€ -14,900
▲ € 1,997 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,997
▲ still € 25,875 loss in 2024
Profit after tax over the fiscal year.
€ 4,625
▼ 61% 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 € -33,500.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 85,512
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 53,962
▼ 17% vs 2024
€ 11,024 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 10,711
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,902
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,357 | € 67,401 | € 79,553 | € 108,411 | ▲ 36% |
| Profit after taxes | € -1,886 | € -18,595 | € -25,875 | € 1,997 | ▲ € 27,872 |
| Equity | € 27,573 | € 8,977 | € -16,897 | € -14,900 | ▲ € 1,997 |
| Total debts | € 129,053 | € 126,974 | € 125,921 | € 105,746 | ▼ 16% |
| Cash | € 13,355 | € 11,543 | € 11,810 | € 4,625 | ▼ 61% |
| Land & buildings | € 129,033 | € 111,383 | € 93,733 | € 76,083 | ▼ 19% |
| Retained profit | € 8,973 | € -9,623 | € -35,497 | € -33,500 | ▲ € 1,997 |
| Bank debt | € 101,818 | € 83,586 | € 65,326 | € 53,962 | ▼ 17% |
| Balance sheet total | € 156,626 | € 135,952 | € 109,023 | € 90,846 | ▼ 17% |
| Employees (FTE) | 0.8 | 0.9 | 1 | - |
Key figures of IMMO LR, 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 LR?
What happened at IMMO LR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,997. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 1,886 loss in 2022 to € 1,997 profit in 2025.
Paid € 2,306 in corporate taxes since 2022.
Best year ever: 2025, with € 1,997 profit.
On average € 79,600 of value added per employee in 2024.
Management
Behind IMMO LR is Rik Castermans.
Directors
According to the 2025 annual accounts
Rik Castermans
Director
Establishments
Establishment units
Physical locations of this company
Henisstraat 13
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.944.226
- VAT number
- BE 0597.944.226
- Registered office
- Henisstraat 13, 3700 Tongeren-Borgloon
- Names & denominations
- IMMO LR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2015
- Peppol
- Active · Active since 17 Oct 2025
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