Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO-SPHERE from Enghien, company number BE0875289002, closed financial year 2025 with a result of € -675,098 after tax. For that financial year IMMO-SPHERE recorded a gross margin of € -331,231 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -6,572 to € -675,098. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -1.1 million
▼ € 675,098 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -675,098
▼ 10173 % more loss than in 2024
Profit after tax over the fiscal year.
€ 388,011
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 121,943
▲ 5% vs 2024
€ 121,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,267
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
▼ 42% vs 2024
€ 2.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 176,230
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,447
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -288,404 | € 637,271 | € 549,865 | € -331,231 | ▼ € 881,096 |
| Profit after taxes | € -479,503 | € 246,371 | € -6,572 | € -675,098 | ▼ € 668,527 |
| Equity | € -622,319 | € -375,948 | € -382,520 | € -1,057,618 | ▼ € 675,098 |
| Total debts | € 5,029,135 | € 7,140,263 | € 7,940,158 | € 5,072,625 | ▼ 36% |
| Cash | € 415,903 | € 165,147 | € 488,432 | € 388,011 | ▼ 21% |
| Retained profit | € -647,319 | € -403,448 | € -410,020 | € -1,085,118 | ▼ € 675,098 |
| Bank debt | € 3,120,097 | € 4,670,875 | € 5,274,756 | € 3,083,783 | ▼ 42% |
| Balance sheet total | € 4,406,816 | € 6,764,315 | € 7,557,638 | € 4,015,007 | ▼ 47% |
| Employees (FTE) | 0.9 | 1 | 1 | 1 |
Key figures of IMMO-SPHERE, 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-SPHERE?
What happened at IMMO-SPHERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 675,098. filed late Source: NBB ↗
- New establishment in Enghien. KBO
- Start of the company according to the CBE. KBO
In short
From € 479,503 loss in 2022 to € 675,098 loss in 2025.
Paid € 1,378 in corporate taxes since 2022.
Best year ever: 2023, with € 246,371 profit.
On average € 549,900 of value added per employee in 2024.
Management
The stake of AJF PATRIMOINE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO-SPHEREBehind IMMO-SPHERE are Alain Fontenelle and Thierry Demolie. The shares are held by AJF PATRIMOINE (50%).
Directors
According to the 2025 annual accounts
Thierry Demolie
Director
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kastanjedreef(P.E.) 14
7850 Enghien
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0875.289.002
- VAT number
- BE 0875.289.002
- Registered office
- Kastanjedreef(P.E.) 14, 7850 Enghien
- Names & denominations
- IMMO-SPHERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 2005
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Handel in eigen onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Ontwikkeling van residentiële bouwprojecten