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 31 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMO CIMA from Sint-Pieters-Woluwe, company number BE0808147184, closed financial year 2025 with a result of € 11,787 after tax. For that financial year IMMO CIMA recorded a gross margin of € 43,621 and equity of € 66,920. Compared with financial year 2024, the result moved from € 19,147 to € 11,787. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 16, 2026.
€ 66,920
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,787
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 8,700
▲ 120% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7,500 paid out
64 % of the profit went to the shareholders, mostly to MRC INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 163,441
▲ 44% vs 2024
€ 12,872 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 48
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,798
▲ 15% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,999 | € 59,916 | € 47,325 | € 43,621 | ▼ 8% |
| Profit after taxes | € 13,587 | € 19,671 | € 19,147 | € 11,787 | ▼ 38% |
| Equity | € 63,015 | € 63,086 | € 62,633 | € 66,920 | ▲ 7% |
| Total debts | € 165,790 | € 166,343 | € 159,564 | € 186,441 | ▲ 17% |
| Cash | - | € 10,385 | € 3,950 | € 8,700 | ▲ 120% |
| Land & buildings | € 225,470 | € 216,405 | € 207,200 | € 242,978 | ▲ 17% |
| Retained profit | € 44,465 | € 44,536 | € 44,083 | € 48,370 | ▲ 10% |
| Dividend | € 0 | € 19,600 | € 19,600 | € 7,500 | ▼ 62% |
| Bank debt | € 148,690 | € 133,390 | € 113,538 | € 163,441 | ▲ 44% |
| Balance sheet total | € 228,805 | € 229,430 | € 222,197 | € 253,361 | ▲ 14% |
Key figures of IMMO CIMA, 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 CIMA?
What happened at IMMO CIMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,787 (▼ 38% vs 2024). Source: NBB ↗
- MRC INVEST became a director. NBB
- Michel Ergen became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,587 profit in 2022 to € 11,787 profit in 2025.
Paid € 22,539 in corporate taxes since 2022.
Best year ever: 2023, with € 19,671 profit.
Paid out € 46,700 in dividends to the owners in total.
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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 MRC INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO CIMABehind IMMO CIMA are Michel Ergen and MRC INVEST. The shares are held by MRC INVEST (100%).
Directors
According to the 2025 annual accounts
Michel Ergen
Administrator-manager
since 2024
Director · represented by Michel Ergen
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roger Vandendriesschelaan 22 box 19
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →DILAN CONSULT
€ 24,782 gross margin · 2025
CFAG
€ 150,226 gross margin · 2025
ERGEN INVEST
€ 90,214 gross margin · 2025
FIDOPFIN
CFAG INVEST
€ 17,335 gross margin · 2025
+7 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
- 0808.147.184
- VAT number
- BE 0808.147.184
- Registered office
- Roger Vandendriesschelaan 22 bus 19, 1150 Sint-Pieters-Woluwe
- Names & denominations
- IMMO CIMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2008
- Peppol
- Active · Active since 6 Jan 2025