Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO 4GM from Sint-Martens-Latem, company number BE0733950401, closed financial year 2025 with a result of € -50,690 after tax. For that financial year IMMO 4GM recorded a gross margin of € -46,850 and equity of € -306,119. Compared with financial year 2024, the result moved from € -34,310 to € -50,690. 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 May 27, 2026.
€ -306,119
▼ € 50,690 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,690
▼ 48 % more loss than in 2024
Profit after tax over the fiscal year.
€ 44,554
▲ € 41,847 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -316,119.
People and assets in 2025
€ 6,576
▼ 11% 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.
€ 69,000
▲ 250% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -38,247 | € -137,763 | € 5,292 | € -46,850 | ▼ € 52,142 |
| Profit after taxes | € -50,149 | € -241,032 | € -34,310 | € -50,690 | ▼ € 16,380 |
| Equity | € 19,912 | € -221,120 | € -255,429 | € -306,119 | ▼ € 50,690 |
| Total debts | € 93,367 | € 942,659 | € 430,480 | € 776,764 | ▲ 80% |
| Cash | € 31,988 | - | € 2,708 | € 44,554 | ▲ € 41,847 |
| Land & buildings | € 11,288 | € 701,853 | - | - | |
| Retained profit | € 9,912 | € -231,120 | € -265,429 | € -316,119 | ▼ € 50,690 |
| Bank debt | € 0 | € 624,580 | € 0 | € 0 | |
| Balance sheet total | € 113,280 | € 721,539 | € 175,051 | € 470,645 | ▲ 169% |
Key figures of IMMO 4GM, 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 4GM?
What happened at IMMO 4GM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,690. Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Raf Vleugels became a director. NBB
- Kurt Laceur became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 50,149 loss in 2022 to € 50,690 loss in 2025.
Paid € 796 in corporate taxes since 2022.
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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
The stake of VVM-Consult, MARA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO 4GMBehind IMMO 4GM are Raf Vleugels and Kurt Laceur. The shares are held by VVM-Consult (90%) and MARA (5%).
Directors
According to the 2025 annual accounts
since 2019
since 2019
Shareholders
90%
5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Blaupoort 6
9830 Sint-Martens-Latem
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
- 0733.950.401
- VAT number
- BE 0733.950.401
- Registered office
- De Blaupoort 6, 9830 Sint-Martens-Latem
- Names & denominations
- IMMO 4GM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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