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 36 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Immo Toffee from Gent, company number BE0787149060, closed financial year 2026 with a result of € 202,424 after tax. For that financial year Immo Toffee recorded a gross margin of € 344,461 and equity of € 361,333. Compared with financial year 2025, the result moved from € 97,419 to € 202,424. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 361,333
▲ 127% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 202,424
▲ 108% vs 2025
Profit after tax over the fiscal year.
€ 23,071
▼ 38% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 121,333.
Debts at end 2026
€ 930,006
▼ 8% vs 2025
€ 50,519 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 3,655
▲ € 2,987 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 57,281
▲ 214% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € 125,122 | € 188,877 | € 344,461 | ▲ 82% |
| Profit after taxes | € -178,509 | € 97,419 | € 202,424 | ▲ 108% |
| Equity | € 61,491 | € 158,909 | € 361,333 | ▲ 127% |
| Total debts | € 1,108,531 | € 1,572,385 | € 1,269,207 | ▼ 19% |
| Cash | € 9,182 | € 37,319 | € 23,071 | ▼ 38% |
| Land & buildings | € 1,122,372 | € 1,074,322 | € 1,026,272 | ▼ 4% |
| Retained profit | € -178,509 | € -81,091 | € 121,333 | ▲ € 202,424 |
| Bank debt | € 1,056,454 | € 1,015,427 | € 930,006 | ▼ 8% |
| Balance sheet total | € 1,170,022 | € 1,731,294 | € 1,630,540 | ▼ 6% |
Key figures of Immo Toffee, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Immo Toffee?
What happened at Immo Toffee in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katrien Vander Bauwhede stepped down as director. NBB
- Renaat Tack stepped down as director. NBB
- Michael Tack stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 202,424 (▲ 108% vs 2025). Source: NBB ↗
- Katrien Vander Bauwhede became a director. NBB
- Renaat Tack became a director. NBB
- New establishment in Gent. KBO
- Michael Tack became a director. NBB
In short
From € 178,509 loss in 2024 to € 202,424 profit in 2026.
Paid € 33,896 in corporate taxes since 2024.
Best year ever: 2026, with € 202,424 profit.
Management
The stake of AXIO, Cobuz, GREEN ZEBRA, Vincerò comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immo ToffeeThe shares are held by AXIO (25%), Cobuz (25%), GREEN ZEBRA (12.5%) and Vincerò (12.5%). It owns 100% of Toffee itself.
Directors
According to the 2026 annual accounts
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Emile Braunplein 13
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0787.149.060
- VAT number
- BE 0787.149.060
- Registered office
- Emile Braunplein 13, 9000 Gent
- Names & denominations
- Immo Toffee
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2022
- Peppol
- Active · Active since 12 Jan 2025
- Activities · NACE
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