Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
IMMO N2E from Elsene, company number BE0743873402, closed financial year 2024 with a result of € 21,621 after tax. For that financial year IMMO N2E recorded a gross margin of € 101,990 and equity of € 243,168. Compared with financial year 2023, the result moved from € 74,496 to € 21,621. The company is profitable. 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 25, 2025.
€ 243,168
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,621
▼ 71% vs 2023
Profit after tax over the fiscal year.
€ 4,189
▲ € 3,160 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 183,168.
People and assets in 2024
€ 4,949
▼ 71% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 792,195
▼ 8% vs 2023
€ 220,369 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,898
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 37,119
▲ 11% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 125,650 | € 206,272 | € 234,591 | € 101,990 | ▼ 57% |
| Profit after taxes | € 15,755 | € 81,687 | € 74,496 | € 21,621 | ▼ 71% |
| Equity | € 65,364 | € 147,051 | € 221,547 | € 243,168 | ▲ 10% |
| Total debts | € 1,452,527 | € 2,932,967 | € 2,434,393 | € 2,313,563 | ▼ 5% |
| Cash | € 62,795 | € 9,915 | € 1,029 | € 4,189 | ▲ € 3,160 |
| Land & buildings | € 1,259,593 | € 1,031,773 | € 624,000 | € 597,353 | ▼ 4% |
| Retained profit | € 5,364 | € 87,051 | € 161,547 | € 183,168 | ▲ 13% |
| Bank debt | € 872,793 | € 1,522,175 | € 863,941 | € 792,195 | ▼ 8% |
| Balance sheet total | € 1,517,890 | € 3,080,017 | € 2,655,940 | € 2,556,731 | ▼ 4% |
Key figures of IMMO N2E, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IMMO N2E?
What happened at IMMO N2E in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 21,621 (▼ 71% vs 2023). Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,755 profit in 2021 to € 21,621 profit in 2024.
Paid € 41,831 in corporate taxes since 2021.
Best year ever: 2022, with € 81,687 profit.
Management
Behind IMMO N2E is Hakan MALKOC. Hakan MALKOC is also behind HKN 11 and SH IMMO.
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 11
1050 Elsene
Hendrik I-lei 14
1800 Vilvoorde
Active since 20 February 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0743.873.402
- VAT number
- BE 0743.873.402
- Registered office
- Louizalaan 65 bus 11, 1050 Elsene
- Names & denominations
- IMMO N2E
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2020
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen