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IMMO V.B.

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Financial year 2025 · closed on 31/12/2025

Net result

31,8 k €

-6.3% YoY

Gross margin

63,6 k €

-0.7% YoY

Equity

277,8 k €

+2.5% YoY

What does IMMO V.B. do?

IMMO V.B. is a Public limited company incorporated in 1988. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.533.868

Incorporation

03/06/1988

Legal form

Public limited company

Registered office

Rijselsestraat(Kor) 33 box 41
8500 Kortrijk · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	63,6 k €	-0.7%	64,1 k €	+2.6%	62,4 k €	+5.4%	59,3 k €	+18.9%	49,8 k €	+7.9%	46,2 k €	-12.3%	52,7 k €	-1.6%	53,5 k €	-1.7%	54,4 k €	+1.7%	53,5 k €	-0.1%	53,6 k €	+2.7%	52,2 k €	+9.2%	47,8 k €	-8.7%	52,4 k €	+40.4%	37,3 k €	-34.4%	56,9 k €	-1.4%	57,7 k €	+8.3%	53,2 k €	-4.3%	55,6 k €	-7.2%	60 k €
EBITDA	47 k €	-2.5%	48,2 k €	+5.5%	45,7 k €	+2.5%	44,6 k €	+30.8%	34,1 k €	+14.2%	29,9 k €	-24.5%	39,5 k €	-3.0%	40,8 k €	-3.1%	42,1 k €	+2.1%	41,2 k €	-0.3%	41,3 k €	+4.0%	39,8 k €	+14.9%	34,6 k €	-3.2%	35,8 k €	+43.9%	24,9 k €	-44.8%	45 k €	-2.1%	46 k €	+11.9%	41,1 k €	+1.1%	40,6 k €	-17.8%	49,4 k €
Operating result	46,8 k €	-2.5%	48 k €	+5.5%	45,5 k €	+2.5%	44,4 k €	+31.0%	33,9 k €	+14.3%	29,7 k €	-24.6%	39,3 k €	-3.1%	40,6 k €	+2.7%	39,5 k €	+66.2%	23,8 k €	-0.5%	23,9 k €	+22.3%	19,5 k €	+82.4%	10,7 k €	+19.8%	8,9 k €	+1074%	-918 €	-105%	17,4 k €	-14.5%	20,4 k €	+28.8%	15,8 k €	-13.2%	18,2 k €	-37.2%	29 k €
Net result	31,8 k €	-6.3%	33,9 k €	+11.4%	30,4 k €	+0.8%	30,2 k €	+30.8%	23,1 k €	+14.3%	20,2 k €	-18.8%	24,9 k €	-5.5%	26,3 k €	+4.6%	25,1 k €	+36.5%	18,4 k €	+69.0%	10,9 k €	-28.7%	15,3 k €	+39.0%	11 k €	-7.2%	11,8 k €	-73.3%	44,4 k €	+182%	15,8 k €	-12.7%	18,1 k €	+24.1%	14,5 k €	-1.0%	14,7 k €	-26.6%	20 k €
Balance sheet
Equity	277,8 k €	+2.5%	270,9 k €	+14.3%	237 k €	+7.7%	220,1 k €	+8.8%	202,3 k €	+3.3%	195,8 k €	-1.3%	198,5 k €	+5.1%	188,9 k €	+7.7%	175,3 k €	+7.6%	162,9 k €	+3.6%	157,3 k €	+7.4%	146,4 k €	-59.5%	361,1 k €	+3.1%	350,1 k €	+3.5%	338,2 k €	+15.1%	293,8 k €	+5.7%	278,1 k €	+6.9%	260 k €	+5.9%	245,5 k €	+6.4%	230,8 k €
Total assets	282,9 k €	+3.1%	274,3 k €	+5.1%	260,9 k €	+9.2%	239 k €	+8.0%	221,2 k €	-3.0%	228,2 k €	+3.9%	219,5 k €	+1.7%	215,7 k €	+6.5%	202,5 k €	+10.2%	183,8 k €	+10.9%	165,8 k €	+8.4%	152,9 k €	-58.0%	363,9 k €	+3.5%	351,6 k €	-2.1%	359,1 k €	+20.6%	297,8 k €	+5.6%	282,1 k €	+1.1%	279 k €	+3.8%	268,7 k €	-0.4%	269,9 k €
Cash	224,4 k €	+158%	87,1 k €	-56.5%	200,5 k €	+12.4%	178,4 k €	+11.2%	160,4 k €	+257%	44,9 k €	+24.5%	36,1 k €	+12.4%	32,1 k €	-53.2%	68,7 k €	+44.6%	47,5 k €	-23.5%	62 k €	+135%	26,4 k €	-5.5%	28 k €	-85.4%	191,1 k €	-3.5%	198 k €	+137%	83,5 k €	+48.4%	56,3 k €	+22.4%	46 k €	+81.9%	25,3 k €	+41.3%	17,9 k €
Debts	5,1 k €	+50.9%	3,4 k €	-85.8%	23,9 k €	+26.4%	18,9 k €	-0.0%	18,9 k €	-41.5%	32,3 k €	+53.7%	21,1 k €	-21.6%	26,9 k €	-1.1%	27,2 k €	+30.1%	20,9 k €	+145%	8,5 k €	+29.9%	6,6 k €	+137%	2,8 k €	+86.9%	1,5 k €	-92.9%	20,8 k €	+423%	4 k €	0.0%	4 k €	-79.0%	19 k €	-18.4%	23,2 k €	-38.4%	37,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

Brice VERHEUST

Managing director

Active

Vincent VERHEUST

Managing director

Active

Xavier VERHEUST

Director

Active

At this address

Other companies at this address

Company	CBE no.
Vereniging van mede-eigenaars, Stad Kortrijk, Rijselsestraat 33, Jan Persijnstraat 4 "Residentie Manderley"● Active	0839.180.751

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	15/04/2026	04/04/2025	13/05/2024	29/09/2023	22/06/2022	30/08/2021
General meeting	31/03/2026	22/03/2025	10/05/2024	26/04/2023	13/05/2022	15/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/03/2026	15/04/2026	Dutch	PDF
Micro model	31/12/2024	22/03/2025	04/04/2025	Dutch	PDF
Micro model	31/12/2023	10/05/2024	13/05/2024	Dutch	PDF
Micro model	31/12/2022	26/04/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	13/05/2022	22/06/2022	Dutch	PDF
Micro model	31/12/2020	15/05/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	16/05/2020	14/07/2020	Dutch	PDF
Micro model	31/12/2018	16/05/2019	17/07/2020	Dutch	PDF
Micro model	31/12/2017	19/05/2018	30/05/2018	Dutch	PDF
Micro model	31/12/2016	02/07/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/07/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	18/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	22/07/2007	24/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active

Active mandates

Brice VERHEUST

Managing director

Active

Vincent VERHEUST

Managing director

Active

Xavier VERHEUST

Director

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202531,8 k €↓
2024
Annual accounts 202433,9 k €↑
2023
Annual accounts 202330,4 k €↑
2022
Annual accounts 202230,2 k €↑
2021
Annual accounts 202123,1 k €↑
2020
Annual accounts 202020,2 k €↓
2019
Annual accounts 201924,9 k €↓
2018
Annual accounts 201826,3 k €↑
2017
Annual accounts 201725,1 k €↑
2016
Annual accounts 201618,4 k €↑
2015
Annual accounts 201510,9 k €↓
2014
Annual accounts 201415,3 k €↑
2013
Annual accounts 201311 k €↓
2012
Annual accounts 201211,8 k €↓
2011
Annual accounts 201144,4 k €↑
2010
Annual accounts 201015,8 k €↓
2009
Annual accounts 200918,1 k €↑
2008
Annual accounts 200814,5 k €↓
2007
Annual accounts 200714,7 k €↓
2006
Annual accounts 200620 k €
03/06/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMMO V.B.

Overview

What does IMMO V.B. do?

Trend over 20 financial years

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