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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO CONCEPT ETUDES & CONSTRUCTIONS from Morlanwelz, company number BE0643482558, closed financial year 2025 with a result of € -1,525 after tax. For that financial year IMMO CONCEPT ETUDES & CONSTRUCTIONS recorded a gross margin of € 8,936 and equity of € -1,102. Compared with financial year 2024, the result moved from € 79,090 to € -1,525. The company made a loss. 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 December 19, 2025.
€ -1,102
▼ € 1,525 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,525
▼ still € 79,090 profit in 2024
Profit after tax over the fiscal year.
€ 849
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,302.
People and assets in 2025
€ 680
▲ € 625 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.
€ 2,374
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 40,949
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,349
▼ 94% 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 | € 18,353 | € 21,449 | € 90,548 | € 8,936 | ▼ 90% |
| Profit after taxes | € -315 | € 3,514 | € 79,090 | € -1,525 | ▼ € 80,616 |
| Equity | € -82,181 | € -78,667 | € 424 | € -1,102 | ▼ € 1,525 |
| Total debts | € 303,351 | € 195,251 | € 304,850 | € 407,917 | ▲ 34% |
| Cash | € 10,574 | € 1,415 | € 1,105 | € 849 | ▼ 23% |
| Retained profit | € -88,381 | € -84,867 | € -5,776 | € -7,302 | ▼ € 1,525 |
| Bank debt | € 2,342 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 221,170 | € 116,585 | € 305,274 | € 406,815 | ▲ 33% |
Key figures of IMMO CONCEPT ETUDES & CONSTRUCTIONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to IMMO CONCEPT ETUDES & CONSTRUCTIONS?
What happened at IMMO CONCEPT ETUDES & CONSTRUCTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,525 (▼ € 80,616 vs 2024). Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 315 loss in 2022 to € 1,525 loss in 2025.
Paid € 1,467 in corporate taxes since 2022.
Best year ever: 2024, with € 79,090 profit.
Management
Behind IMMO CONCEPT ETUDES & CONSTRUCTIONS is GIUSEPPE MONACHINO.
Directors
According to the 2025 annual accounts
GIUSEPPE MONACHINO
Director
Establishments
Establishment units
Physical locations of this company
Rue des Droits de l'Homme(MLZ) 10
7140 Morlanwelz
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0643.482.558
- VAT number
- BE 0643.482.558
- Registered office
- Rue des Droits de l'Homme(MLZ) 10, 7140 Morlanwelz
- Names & denominations
- IMMO CONCEPT ETUDES & CONSTRUCTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2015
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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