ACTIVE

IMMOCOR

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Financial year 2025 · closed on 31/12/2025

Net result

25,9 k €

+32.9% YoY

Gross margin

-8,1 k €

Equity

739,3 k €

+3.6% YoY

Workforce

0,0 ETP

What does IMMOCOR do?

IMMOCOR is a Public limited company incorporated in 1988. Its main activity is: Development of building projects. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.499.118

Incorporation

07/10/1988

Legal form

Public limited company

Registered office

Kortrijksesteenweg 157
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

552 500,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41102Development of building projects 68122Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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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	-8,1 k €		–		–		–		-184,8 k €	+58.5%	-444,7 k €	-203%	431,1 k €	-63.8%	1,2 M €	+2170%	52,4 k €	-36.8%	83 k €	+8.4%	76,6 k €	+75.0%	43,8 k €	+281%	-24,1 k €	-65.4%	-14,6 k €	-134%	42,3 k €	-78.2%	194,4 k €	+2.9%	189 k €	-2.5%	193,8 k €	-2.4%	198,5 k €	+17.7%	168,6 k €
EBITDA	-10,5 k €	+51.6%	-21,8 k €	-44.0%	-15,1 k €	-7.1%	-14,1 k €	+92.5%	-187,7 k €	+58.1%	-447,7 k €	-210%	407,3 k €	-65.1%	1,2 M €	+3713%	30,6 k €	-50.3%	61,7 k €	+80.3%	34,2 k €	+53.6%	22,3 k €	+188%	-25,3 k €	+29.4%	-35,8 k €	-264%	21,8 k €	-87.5%	174,4 k €	+3.4%	168,6 k €	-3.2%	174,2 k €	-2.6%	179 k €	+6.9%	167,4 k €
Operating result	8,9 k €	+141%	-21,8 k €	+37.0%	-34,5 k €	-145%	-14,1 k €	+92.5%	-187,7 k €	+58.1%	-447,7 k €	-210%	407,3 k €	-65.1%	1,2 M €	+7508%	15,4 k €	-66.9%	46,4 k €	+145%	18,9 k €	-11.9%	21,5 k €	+182%	-26,1 k €	+49.8%	-51,9 k €	-1000%	5,8 k €	-96.4%	158,3 k €	+3.8%	152,5 k €	-3.5%	158,1 k €	-2.9%	162,9 k €	+7.6%	151,3 k €
Net result	25,9 k €	+32.9%	19,5 k €	+161%	-32 k €	-324%	14,3 k €	+108%	-188,5 k €	+58.6%	-455,1 k €	-267%	272,6 k €	-66.5%	814,6 k €	+10541%	7,7 k €	-85.6%	53,3 k €	+235%	15,9 k €	-71.6%	55,9 k €	+316%	-25,9 k €	+50.0%	-51,7 k €	-990%	5,8 k €	-94.8%	112,7 k €	-0.1%	112,8 k €	-1.2%	114,1 k €	-7.6%	123,5 k €	+28.8%	95,9 k €
Balance sheet
Equity	739,3 k €	+3.6%	713,5 k €	+2.8%	694 k €	-4.4%	726 k €	-34.7%	1,1 M €	-14.5%	1,3 M €	-25.9%	1,8 M €	+18.4%	1,5 M €	+122%	668,1 k €	+1.2%	660,4 k €	+8.8%	607,1 k €	+2.7%	591,2 k €	+10.4%	535,3 k €	-13.1%	615,6 k €	-7.7%	667,3 k €	+0.9%	661,5 k €	+20.5%	548,9 k €	-3.6%	569,5 k €	+2.5%	555,3 k €	-12.1%	631,8 k €
Total assets	745,3 k €	+4.0%	716,6 k €	+1.2%	707,8 k €	-3.6%	734 k €	-34.6%	1,1 M €	-47.6%	2,1 M €	-29.5%	3 M €	+53.4%	2 M €	+176%	717,8 k €	+8.7%	660,5 k €	+5.6%	625,2 k €	+2.9%	607,3 k €	+12.9%	537,8 k €	-13.0%	618,1 k €	-7.7%	669,8 k €	-3.0%	690,3 k €	-1.4%	700,4 k €	+2.2%	685 k €	-9.6%	757,5 k €	-0.1%	758,2 k €
Cash	436,1 €	-91.2%	5 k €	-89.6%	47,7 k €	-90.7%	510 k €	-2.3%	522,2 k €	+51.5%	344,6 k €	-18.6%	423,5 k €	-49.6%	839,6 k €	+330%	195,4 k €	+21.5%	160,8 k €	+20.2%	133,7 k €	+67.7%	79,8 k €	+748%	9,4 k €	-91.4%	109,8 k €	-16.6%	131,6 k €	-11.3%	148,4 k €	+1098%	12,4 k €	+89.5%	6,5 k €	-34.2%	9,9 k €	-69.2%	32,3 k €
Debts	6 k €	+89.2%	3,1 k €	-77.2%	13,8 k €	+72.8%	8 k €	-22.1%	10,2 k €	-98.8%	841,2 k €	-34.4%	1,3 M €	+158%	497,2 k €	+899%	49,7 k €	+43721%	113,5 €	-98.9%	10,6 k €	+22.7%	8,6 k €	+245%	2,5 k €	0.0%	2,5 k €	0.0%	2,5 k €	-81.2%	13,3 k €	-90.2%	136 k €	+25.9%	108 k €	-46.6%	202,2 k €	+69.6%	119,2 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

TICACONSULT

Director · since 01 septembre 2022 · until 15 juin 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Active

ViBel

Director · since 01 septembre 2022 · until 15 juin 2028 · 0657.793.127

Represented by Carl-Philip DE VILLEGAS DE CLERCAMP

Active

Ended mandates

TICACONSULT

Director · since 01 septembre 2022 · until 20 avril 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Ended

ViBel

Director · since 01 septembre 2022 · until 20 avril 2028 · 0657.793.127

Represented by Carl-Philip DE VILLEGAS DE CLERCAMP

Ended

STRACO RE

Managing director · since 21 avril 2022 · until 20 avril 2028 · 1007.578.491

Represented by Gino De Raedt

Ended

ELIAS WHEMAB

Managing director · since 21 juin 2019 · until 30 septembre 2022 · 0429.362.976

Represented by Bart ELIAS

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full model	Full model	Abridged 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	24/06/2026	17/07/2025	30/08/2024	18/12/2023	22/07/2022	23/07/2021
General meeting	18/06/2026	30/06/2025	28/06/2024	15/12/2023	21/04/2022	15/04/2021
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
Abridged model	31/12/2025	18/06/2026	24/06/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	15/12/2023	18/12/2023	Dutch	PDF
Abridged model	31/12/2021	21/04/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/04/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/04/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/04/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	19/04/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/04/2017	16/05/2017	Dutch	PDF
Abridged model	31/12/2015	26/04/2016	13/05/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/04/2014	24/04/2014	Dutch	PDF
Abridged model	31/12/2012	29/04/2013	28/05/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	01/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	27/04/2010	29/04/2010	Dutch	PDF
Abridged model	31/12/2008	13/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/04/2008	16/05/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	12/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 2 active · 16 ended

Active mandates

TICACONSULT

Director · since 01 septembre 2022 · until 15 juin 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Active

ViBel

Director · since 01 septembre 2022 · until 15 juin 2028 · 0657.793.127

Represented by Carl-Philip DE VILLEGAS DE CLERCAMP

Active

Ended mandates

TICACONSULT

Director · since 01 septembre 2022 · until 20 avril 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Ended

ViBel

Director · since 01 septembre 2022 · until 20 avril 2028 · 0657.793.127

Represented by Carl-Philip DE VILLEGAS DE CLERCAMP

Ended

STRACO RE

Managing director · since 21 avril 2022 · until 20 avril 2028 · 1007.578.491

Represented by Gino De Raedt

Ended

ELIAS WHEMAB

Managing director · since 21 juin 2019 · until 30 septembre 2022 · 0429.362.976

Represented by Bart ELIAS

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/07/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/09/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates27/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/01/2014
KAPITAAL - AANDELEN
PDF
Mandates25/11/2013
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 202525,9 k €↑
2024
Annual accounts 202419,5 k €↑
2023
Annual accounts 2023-32 k €↓
2022
Annual accounts 202214,3 k €↑
2021
Annual accounts 2021-188,5 k €↑
2020
Annual accounts 2020-455,1 k €↓
2019
Annual accounts 2019272,6 k €↓
2018
Annual accounts 2018814,6 k €↑
2017
Annual accounts 20177,7 k €↓
2016
Annual accounts 201653,3 k €↑
2015
Annual accounts 201515,9 k €↓
2014
Annual accounts 201455,9 k €↑
2013
Annual accounts 2013-25,9 k €↑
2012
Annual accounts 2012-51,7 k €↓
2011
Annual accounts 20115,8 k €↓
2010
Annual accounts 2010112,7 k €↓
2009
Annual accounts 2009112,8 k €↓
2008
Annual accounts 2008114,1 k €↓
2007
Annual accounts 2007123,5 k €↑
2006
Annual accounts 200695,9 k €
07/10/1988
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

IMMOCOR

Overview

What does IMMOCOR 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