ACTIVE

IMMOVAK

Financial year 2025 · Closed on 31/12/2025

Net result44,4 k €-51,4 %over 1 year

Gross margin92,4 k €-20,9 %over 1 year

Equity428,1 k €+11,6 %over 1 year

Identity

Source · BCE/KBO

IMMOVAK is a Public limited company incorporated in 1988. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Geel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0433.114.995
Incorporation: 08/01/1988
Legal form: Public limited company
Registered office: Wijdbos 25
2440 Geel · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	92,4 k €	-20.9%	116,9 k €	-6.8%	125,4 k €	+119%	57,1 k €	-10.2%	63,6 k €
EBITDA	91,9 k €	-20.6%	115,7 k €	+4.6%	110,7 k €	+147%	44,8 k €	-12.4%	51,2 k €
Operating result	67,6 k €	-27.0%	92,6 k €	+0.5%	92,1 k €	+250%	26,3 k €	-17.9%	32,1 k €
Net result	44,4 k €	-51.4%	91,4 k €	+38.9%	65,8 k €	+286%	17,1 k €	-17.1%	20,6 k €
Balance sheet
Equity	428,1 k €	+11.6%	383,6 k €	+31.3%	292,2 k €	+29.1%	226,3 k €	+8.2%	209,3 k €
Total assets	543,7 k €	+8.1%	503,2 k €	+28.5%	391,5 k €	-3.8%	406,9 k €	-0.0%	406,9 k €
Cash	4,5 k €	-8.6%	4,9 k €	-2.7%	5 k €	+90.9%	2,6 k €	+7.9%	2,4 k €
Debts	114,4 k €	-4.3%	119,6 k €	+20.4%	99,3 k €	-44.4%	178,7 k €	-9.6%	197,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

BELMIMMO

Director · 0445.203.373

Active

Nina Belmans

Director

Active

Ended mandates

BELMIMMO

Director · since 01 septembre 2015 · until 07 juin 2021 · 0445.203.373

Represented by Alexander Belmans

Ended

BELMIMMO

Director · since 01 septembre 2015 · until 07 juin 2021 · 0445.203.373

Represented by Alexander Belmans

Ended

BAG

Director · since 30 décembre 2014 · until 30 décembre 2020 · 0447.463.869

Represented by Alexander Belmans

Ended

BAG

Director · since 30 décembre 2014 · until 01 septembre 2015 · 0447.463.869

Represented by Alexander Belmans

Ended

Other companies at this address

Wijdbos 25 2440 Geel

Company	CBE no.
BAG● Active	0447.463.869
BELMIMMO● Active	0445.203.373
Groep Belmimmo● Active	0731.865.691

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	03/06/2024	30/05/2023	11/06/2022	31/05/2021
General meeting	30/06/2026	30/06/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	03/06/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	11/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	31/05/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	11/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	05/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	05/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

BELMIMMO

Director · 0445.203.373

Active

Nina Belmans

Director

Active

Ended mandates

BELMIMMO

Director · since 01 septembre 2015 · until 07 juin 2021 · 0445.203.373

Represented by Alexander Belmans

Ended

BELMIMMO

Director · since 01 septembre 2015 · until 07 juin 2021 · 0445.203.373

Represented by Alexander Belmans

Ended

BAG

Director · since 30 décembre 2014 · until 30 décembre 2020 · 0447.463.869

Represented by Alexander Belmans

Ended

BAG

Director · since 30 décembre 2014 · until 01 septembre 2015 · 0447.463.869

Represented by Alexander Belmans

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/05/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/11/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2003
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202544,4 k €↓
2024
Annual accounts 202491,4 k €↑
2023
Annual accounts 202365,8 k €↑
2022
Annual accounts 202217,1 k €↓
2021
Annual accounts 202120,6 k €↓
2020
Annual accounts 202038,8 k €↓
2019
Annual accounts 201953,8 k €↑
2018
Annual accounts 2018287,6 €↓
2017
Annual accounts 20172,6 k €↑
2016
Annual accounts 2016506 €↓
2015
Annual accounts 20156,7 k €↑
2014
Annual accounts 20146,3 k €↓
2013
Annual accounts 201312,7 k €↑
2012
Annual accounts 201211,2 k €↓
2011
Annual accounts 201114,7 k €↑
2010
Annual accounts 201010,4 k €↓
2009
Annual accounts 200911 k €↑
2008
Annual accounts 200811 k €↓
2007
Annual accounts 200711,3 k €↑
2006
Annual accounts 2006-9,7 k €
08/01/1988
IncorporationPublic limited company

IMMOVAK

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline