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 5 % 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
IMMOCG from Gedinne, company number BE0685857405, closed financial year 2025 with a result of € -6,692 after tax. For that financial year IMMOCG recorded a gross margin of € -1,770 and equity of € 6,945. Compared with financial year 2024, the result moved from € 8,583 to € -6,692. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 6,945
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,692
▼ still € 8,583 profit in 2024
Profit after tax over the fiscal year.
€ 7,344
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 745.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 137,636
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,942 | € -2,651 | € 16,502 | € -1,770 | ▼ € 18,272 |
| Profit after taxes | € 6,514 | € -8,455 | € 8,583 | € -6,692 | ▼ € 15,275 |
| Equity | € 13,509 | € 5,054 | € 13,636 | € 6,945 | ▼ 49% |
| Total debts | € 183,922 | € 187,449 | € 194,433 | € 158,596 | ▼ 18% |
| Cash | € 7,453 | € 2,525 | € 49,873 | € 7,344 | ▼ 85% |
| Retained profit | € 7,309 | € -1,146 | € 7,436 | € 745 | ▼ 90% |
| Bank debt | € 177,636 | € 177,636 | € 177,636 | € 137,636 | ▼ 23% |
| Balance sheet total | € 197,431 | € 192,503 | € 208,069 | € 165,540 | ▼ 20% |
Key figures of IMMOCG, 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 IMMOCG?
What happened at IMMOCG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,692 (▼ € 15,275 vs 2024). Source: NBB ↗
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,514 profit in 2022 to € 6,692 loss in 2025.
Paid € 1,813 in corporate taxes since 2022.
Best year ever: 2024, with € 8,583 profit.
Management
Behind IMMOCG is Xavier MICHAUX. Xavier MICHAUX is also behind EMIXEM, Brasserie Station 16 and Essential Real Estate.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Station 16
5575 Gedinne
Rue du Parc Industriel d'Achêne 22
5590 Ciney
Active since 12 December 2017
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
- 0685.857.405
- VAT number
- BE 0685.857.405
- Registered office
- Station 16, 5575 Gedinne
- Names & denominations
- IMMOCG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2017
- Peppol
- Not registered