Financials
Financial year 2025
IMMO WEST-VLAANDEREN from Torhout, company number BE0871057129, closed financial year 2025 with a result of € 64,391 after tax. For that financial year IMMO WEST-VLAANDEREN recorded a gross margin of € 120,586 and equity of € 751,736. Compared with financial year 2024, the result moved from € 72,991 to € 64,391. The company is profitable. 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 July 6, 2026.
€ 751,736
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,391
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 148,256
▲ 120% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 72,440 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,447
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 137,241 | € 118,451 | € 127,028 | € 120,586 | ▼ 5% |
| Profit after taxes | € 79,876 | € 70,872 | € 72,991 | € 64,391 | ▼ 12% |
| Equity | € 777,768 | € 768,909 | € 759,785 | € 751,736 | ▼ 1% |
| Total debts | € 93,150 | € 81,080 | € 84,264 | € 74,032 | ▼ 12% |
| Cash | € 31,420 | € 72,113 | € 67,322 | € 148,256 | ▲ 120% |
| Retained profit | € 236,518 | € 227,659 | € 218,535 | € 210,486 | ▼ 4% |
| Dividend | € 89,860 | € 79,731 | € 82,115 | € 72,440 | ▼ 12% |
| Balance sheet total | € 884,668 | € 863,739 | € 857,799 | € 839,518 | ▼ 2% |
Key figures of IMMO WEST-VLAANDEREN, 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 WEST-VLAANDEREN?
What happened at IMMO WEST-VLAANDEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,391 (▼ 12% vs 2024). Source: NBB ↗
- BRAEM INVEST NV stepped down as director. NBB
- IMMOVAC NV stepped down as director. NBB
- BRAEM INVEST NV became a director. NBB
- IMMOVAC NV became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,876 profit in 2022 to € 64,391 profit in 2025.
Paid € 41,106 in corporate taxes since 2022.
Best year ever: 2022, with € 79,876 profit.
Paid out € 324,146 in dividends to the owners in total.
Management
The stake of Immovac, Braem Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO WEST-VLAANDERENThe shares are held by Immovac (50%) and Braem Invest (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by JOHAN BRAEM
Also active at: BRAEM, IMBRACO, MAN Brugge, Van & Truck Rental, TSE TRUCK SERVICE EUROPE, MAN WEST-VLAANDEREN
since 2020 · until 2026
Managing director · represented by CHRISTOPHE HOSTE
Also active at: BRAEM, IMBRACO, MAN Brugge, Van & Truck Rental, TSE TRUCK SERVICE EUROPE, MAN WEST-VLAANDEREN
since 2020 · until 2026
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noordlaan 1
8820 Torhout
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
- 0871.057.129
- VAT number
- BE 0871.057.129
- Registered office
- Noordlaan 1, 8820 Torhout
- Names & denominations
- IMMO WEST-VLAANDEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2005
- Peppol
- Active · Active since 1 Jan 2001