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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Immo M&B from Genk, company number BE0848114847, closed financial year 2025 with a result of € -4,607 after tax. For that financial year Immo M&B recorded a gross margin of € -4,134 and equity of € 29,915. Compared with financial year 2024, the result moved from € -254 to € -4,607. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 29,915
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,607
▼ 1716 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,717
▲ € 1,500 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,085.
Debts at end 2025
€ 528,000
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 1,995
▲ 219% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -849 | € -1,352 | € -33 | € -4,134 | ▼ € 4,101 |
| Profit after taxes | € -1,035 | € -1,620 | € -254 | € -4,607 | ▼ € 4,354 |
| Equity | € 36,396 | € 34,776 | € 34,522 | € 29,915 | ▼ 13% |
| Total debts | € 919,885 | € 920,304 | € 919,929 | € 846,537 | ▼ 8% |
| Cash | € 346 | € 345 | € 217 | € 1,717 | ▲ € 1,500 |
| Retained profit | € -3,604 | € -5,224 | € -5,478 | € -10,085 | ▼ € 4,607 |
| Bank debt | € 603,000 | € 603,000 | € 603,045 | € 528,000 | ▼ 12% |
| Balance sheet total | € 956,280 | € 955,079 | € 954,451 | € 876,452 | ▼ 8% |
Key figures of Immo M&B, 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 M&B?
What happened at Immo M&B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,607. filed late Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
- Mohamed Farchiche became a director. NBB
- Benaissa El Bouazzaoui became a director. NBB
In short
From € 1,035 loss in 2022 to € 4,607 loss in 2025.
Management
Behind Immo M&B are Mohamed Farchiche and Benaissa El Bouazzaoui. It owns 100% of Fagotex nv itself.
Directors
According to the 2025 annual accounts
since 2012
since 2012
Establishments
Establishment units
Physical locations of this company
Martelarenstraat 20
3600 Genk
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
- 0848.114.847
- VAT number
- BE 0848.114.847
- Registered office
- Martelarenstraat 20, 3600 Genk
- Names & denominations
- Immo M&B
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 2012
- Peppol
- Not registered