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 22 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
IMMO WM from Balen, company number BE0807514805, closed financial year 2026 with a result of € -28,362 after tax. For that financial year IMMO WM recorded a gross margin of € 11,689 and equity of € 253,442. Compared with financial year 2025, the result moved from € 10,197 to € -28,362. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 253,442
▼ 10% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,362
▼ still € 10,197 profit in 2025
Profit after tax over the fiscal year.
€ 14,219
▲ 193% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 233,442.
Debts at end 2026
€ 2,500
Loans from banks and other lenders, long and short.
€ 250
Supplier invoices still open on the last day of the fiscal year.
€ 22,328
▲ € 19,766 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 85,061 | € 85,947 | € 73,539 | € 11,689 | ▼ 84% |
| Profit after taxes | € 17,057 | € 14,196 | € 10,197 | € -28,362 | ▼ € 38,559 |
| Equity | € 257,412 | € 271,608 | € 281,804 | € 253,442 | ▼ 10% |
| Total debts | € 394,649 | € 301,218 | € 255,911 | € 280,428 | ▲ 10% |
| Cash | € 19,856 | € 8,565 | € 4,847 | € 14,219 | ▲ 193% |
| Land & buildings | € 603,928 | € 553,256 | € 501,350 | € 470,888 | ▼ 6% |
| Retained profit | € 237,412 | € 251,608 | € 261,804 | € 233,442 | ▼ 11% |
| Bank debt | € 181,515 | € 89,465 | € 2,500 | € 2,500 | |
| Balance sheet total | € 652,061 | € 572,825 | € 537,715 | € 533,870 | ▼ 1% |
Key figures of IMMO WM, fiscal years 2023 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 WM?
What happened at IMMO WM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 28,362 (▼ € 38,559 vs 2025). Source: NBB ↗
- Joey Geerts became a director. NBB
- Ludo Geerts became a director. NBB
- Jesse Geerts became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,057 profit in 2023 to € 28,362 loss in 2026.
Paid € 16,512 in corporate taxes since 2023.
Best year ever: 2023, with € 17,057 profit.
Management
Behind IMMO WM are Joey Geerts, Ludo Geerts, Wim Maerschalck and Jesse Geerts. Joey Geerts is also behind Geerts betonstaal and JG Management. Wim Maerschalck is also behind WM CONSTRUCT and HTM. Jesse Geerts is also behind Geerts betonstaal and JSG.
Directors
According to the 2026 annual accounts
since 2026
Ludo Geerts
Director
since 2026
since 2026
Establishments
Establishment units
Physical locations of this company
Poeierstraat 18
2490 Balen
Poeierstraat 39
2490 Balen
Active since 31 October 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0807.514.805
- VAT number
- BE 0807.514.805
- Registered office
- Poeierstraat 18, 2490 Balen
- Names & denominations
- IMMO WM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2008
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Dakwerkzaamheden
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)