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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO K from Grobbendonk, company number BE0646673660, closed financial year 2025 with a result of € 72,676 after tax. For that financial year IMMO K recorded a gross margin of € 430,808 and equity of € 161,351. Compared with financial year 2024, the result moved from € 57,954 to € 72,676. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 161,351
▲ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,676
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 2,561
▼ 12% 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 € -18,649.
People and assets in 2025
€ 17,259
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▼ 6% vs 2024
€ 342,099 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 11,891
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,500
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 | € 326,372 | € 412,663 | € 415,606 | € 430,808 | ▲ 4% |
| Profit after taxes | € -5,408 | € 34,647 | € 57,954 | € 72,676 | ▲ 25% |
| Equity | € -3,926 | € 30,721 | € 88,675 | € 161,351 | ▲ 82% |
| Total debts | € 5,546,012 | € 5,358,190 | € 4,978,461 | € 4,650,362 | ▼ 7% |
| Cash | € 3,052 | € 2,992 | € 2,902 | € 2,561 | ▼ 12% |
| Land & buildings | € 5,496,160 | € 5,266,369 | € 5,013,544 | € 4,760,718 | ▼ 5% |
| Retained profit | € -183,926 | € -149,279 | € -91,325 | € -18,649 | ▲ € 72,676 |
| Bank debt | € 5,402,531 | € 5,299,420 | € 4,904,240 | € 4,587,811 | ▼ 6% |
| Balance sheet total | € 5,542,086 | € 5,388,911 | € 5,067,136 | € 4,811,713 | ▼ 5% |
Key figures of IMMO K, 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 K?
What happened at IMMO K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederick Jonckheere stepped down as director. NBB
- Pascal Kerkstoel stepped down as director. NBB
- Vincent Kerkstoel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 72,676 (▲ 25% vs 2024). Source: NBB ↗
- Frederick Jonckheere became a director. NBB
- Pascal Kerkstoel became a director. NBB
- Vincent Kerkstoel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,408 loss in 2022 to € 72,676 profit in 2025.
Paid € 6,500 in corporate taxes since 2022.
Best year ever: 2025, with € 72,676 profit.
Management
The stake of GROEP KERKSTOEL, KERKSTOEL 2000 + comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO KThe shares are held by GROEP KERKSTOEL (99%) and KERKSTOEL 2000 + (0%).
Directors
According to the 2025 annual accounts
Frederick Jonckheere
Gedelegeerd bestuurder
Also active at: KERKSTOEL 2000 +, KERKSTOEL BETON, BETTER MIX, GROEP KERKSTOEL, IMMO CATENBERG
since 2023 · until 2029
Pascal Kerkstoel
Gedelegeerd bestuurder
since 2023 · until 2029
Vincent Kerkstoel
Gedelegeerd bestuurder
Also active at: KERKSTOEL 2000 +, KERKSTOEL BETON, BETTER MIX, GROEP KERKSTOEL, IMMO CATENBERG
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 11
2280 Grobbendonk
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
- 0646.673.660
- VAT number
- BE 0646.673.660
- Registered office
- Industrieweg 11, 2280 Grobbendonk
- Names & denominations
- IMMO K
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2016
- Peppol
- Active · Active since 4 Jul 2024
- Activities · NACE
Verhuur en exploitatie van terreinen