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 1 of the last 3 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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ABAK IMMO from Esneux, company number BE0785421272, closed financial year 2025 with a result of € -234,240 after tax. For that financial year ABAK IMMO recorded a gross margin of € -1,949 and equity of € -115,434. Compared with financial year 2024, the result moved from € -179,556 to € -234,240. 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 August 24, 2026.
€ -115,434
▼ € 234,240 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -234,240
▼ 30 % more loss than in 2024
Profit after tax over the fiscal year.
€ 54,555
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -440,434.
Debts at end 2025
€ 3.4 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 125,493
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,701
▲ 152% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -11,649 | € -2,411 | € -1,949 | ▲ € 462 |
| Profit after taxes | € -26,638 | € -179,556 | € -234,240 | ▼ € 54,684 |
| Equity | € 298,362 | € 118,806 | € -115,434 | ▼ € 234,240 |
| Total debts | € 1,703,736 | € 6,534,476 | € 8,700,084 | ▲ 33% |
| Cash | € 5,625 | € 295,085 | € 54,555 | ▼ 82% |
| Retained profit | € -26,638 | € -206,194 | € -440,434 | ▼ € 234,240 |
| Bank debt | € 600,000 | € 3,567,794 | € 3,408,805 | ▼ 4% |
| Balance sheet total | € 2,002,098 | € 6,653,282 | € 8,584,650 | ▲ 29% |
Key figures of ABAK IMMO, fiscal years 2023 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 ABAK IMMO?
What happened at ABAK IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 234,240. filed late Source: NBB ↗
- LUC TONNEAU SRL became a director. NBB
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,638 loss in 2023 to € 234,240 loss in 2025.
Management
The stake of Real Estate Investment Opportunities Fund, TPAGS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ABAK IMMOBehind ABAK IMMO are LUC TONNEAU SRL, C.G. INVEST, REGO PARTNERS SRL and M L CONCEPT 2.000. The shares are held by Real Estate Investment Opportunities Fund (75%) and TPAGS (25%).
Directors
According to the 2025 annual accounts
Director · represented by Luc TONNEAU
Also active at: Elitis Real Estate, PRODEFIN, Real Estate Investment Opportunities Fund, RIO FINANCE, SEQUOIA IMMO, DEVLOP Bomel Land, RiOak 1, RiOak 2 +7 more
since 2024
Director · represented by Christophe GEOFFROY
Also active at: IMMOBILIERE DU FAWEUX, SCAPE, SPIRIT, TPAGS, SEQUOIA IMMO
Director · represented by Benedict PEETERS
Also active at: Real Estate Investment Opportunities Fund, SEQUOIA IMMO, REAL ESTATE INVESTMENT OPPORTUNITIES II FUND, Eeklo Land, Eeklo Constructie
Director · represented by Marc LOGNARD
Also active at: TPAGS, SEQUOIA IMMO, CLOS DU PARC INVEST, CLOS DU PARC IMMO
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Montefiore 65
4130 Esneux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →CG INVEST same network
€ 236,348 gross margin · 2025
SCAPE same network
€ -773 gross margin · 2025
SPIRIT same network
€ 71,700 revenue · 2025
TPAGS same network
€ 12,000 revenue · 2025
SEQUOIA IMMO same network
€ 315,866 revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.421.272
- VAT number
- BE 0785.421.272
- Registered office
- Avenue Montefiore 65, 4130 Esneux
- Names & denominations
- ABAK IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2022
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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