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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO-BOURBON from Brussel, company number BE0887224455, closed financial year 2025 with a result of € 1,783 after tax. For that financial year IMMO-BOURBON recorded a gross margin of € 35,015 and equity of € 58,950. Compared with financial year 2024, the result moved from € 1,342 to € 1,783. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 58,950
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,783
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 542
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -241,050.
Debts at end 2025
€ 49,509
▼ 41% vs 2024
€ 35,004 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 13,965
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,285 | € 50,445 | € 38,679 | € 35,015 | ▼ 9% |
| Profit after taxes | € -64,908 | € 7,947 | € 1,342 | € 1,783 | ▲ 33% |
| Equity | € 47,878 | € 55,825 | € 57,167 | € 58,950 | ▲ 3% |
| Total debts | € 379,599 | € 344,952 | € 322,556 | € 300,913 | ▼ 7% |
| Cash | € 303 | € 0 | € 493 | € 542 | ▲ 10% |
| Land & buildings | € 420,945 | € 395,094 | € 376,548 | € 350,639 | ▼ 7% |
| Retained profit | € -252,122 | € -244,175 | € -242,833 | € -241,050 | ▲ € 1,783 |
| Bank debt | € 154,521 | € 122,586 | € 84,513 | € 49,509 | ▼ 41% |
| Balance sheet total | € 427,476 | € 400,777 | € 379,724 | € 359,864 | ▼ 5% |
Key figures of IMMO-BOURBON, 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-BOURBON?
What happened at IMMO-BOURBON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,783 (▲ 33% vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- Carine SCHECK became a director. NBB
- Thierry SMETS became a director. NBB
In short
From € 64,908 loss in 2022 to € 1,783 profit in 2025.
Best year ever: 2023, with € 7,947 profit.
Management
Behind IMMO-BOURBON are Carine SCHECK and Thierry SMETS. The same people are also behind SMETS CONCEPT STORE BRUSSELS. Thierry SMETS is also behind CONCORDE 68, CLUTCH and COSMETICARY.
Directors
According to the 2025 annual accounts
since 2007
Thierry SMETS
Director
Also active at: CONCORDE 68, SMETS CONCEPT STORE BRUSSELS, CLUTCH, COSMETICARY
since 2007
Establishments
Establishment units
Physical locations of this company
Emile Duraylaan 66
1000 Brussel
Emile Duraylaan 66
1050 Elsene
Active since 14 February 2008
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
- 0887.224.455
- VAT number
- BE 0887.224.455
- Registered office
- Emile Duraylaan 66, 1000 Brussel
- Names & denominations
- IMMO-BOURBON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2007
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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