ACTIVE

IMMOBILIERE RIGA

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Financial year 2025 · Closed on 30/06/2025

Net result-1,9 k €-117,8 %over 1 year
Gross margin8,2 k €-83,5 %over 1 year
Equity947,4 k €-0,2 %over 1 year

Identity

Source · BCE/KBO

IMMOBILIERE RIGA is a Public limited company incorporated in 1989. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.173.654
Incorporation
30/03/1989
Legal form
Public limited company
Registered office
Avenue des Volontaires 66
1040 Etterbeek · BruxellesSee on map
Contributed capital
79 179,42 €
Latest accounts
30/06/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin8,2 k €49,5 k €-42,4 k €-72 k €-72,3 k €
EBITDA5,4 k €46,6 k €-43,8 k €-73,3 k €-74,2 k €
Operating result-6,6 k €34,6 k €-61,3 k €-90,5 k €-89,9 k €
Net result-1,9 k €10,9 k €-110,4 k €-87,4 k €-86,7 k €
Balance sheet
Equity947,4 k €949,4 k €938,5 k €1 M €1,1 M €
Total assets1,2 M €1,2 M €1,3 M €1,4 M €1,5 M €
Cash220,2 k €261,2 k €176,9 k €316,8 k €418,5 k €
Debts219,1 k €241,4 k €346,2 k €367,4 k €382,7 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 30/06/2025

1 active · 22 ended

Active mandates

Fouad Rajan

Director · since 11 janvier 2024 · until 10 janvier 2030

Active

Ended mandates

Jehane RAJAN

Director · since 31 décembre 2019 · until 31 décembre 2026

Ended
Abdul Rajan

Director · since 30 octobre 2017 · until 30 octobre 2023

Ended
Fouad Frederick Rajan

Director · since 30 octobre 2017 · until 30 octobre 2023

Ended
Leipzig Anlagegesellschaft AG

Managing director · since 30 octobre 2017 · until 30 octobre 2023

Represented by René Faltz

Ended

Other companies at this address

Avenue des Volontaires 66 1040 Etterbeek
CompanyCBE no.
2CQ Consulting● Active
1037.753.114
Centre paramédical Pep's● Active
0772.298.756
Réseau panafricain de lutte contre la corruption● Active
0732.730.575
Société de Financement Importation et Exportation● Active
0416.169.986

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/03/202627/01/202612/06/202505/02/202512/04/202426/02/2021
General meeting09/03/202627/01/202606/06/202505/02/202511/04/202422/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202509/03/202609/03/2026FrenchPDF
Micro model30/06/202427/01/202627/01/2026FrenchPDF
Micro model30/06/202306/06/202512/06/2025FrenchPDF
Micro model30/06/202205/02/202505/02/2025FrenchPDF
Micro model30/06/202111/04/202412/04/2024FrenchPDF
Abridged model30/06/202022/01/202126/02/2021FrenchPDF
Abridged model30/06/201931/10/201907/07/2020FrenchPDF
Abridged model30/06/201814/12/201820/12/2018FrenchPDF
Abridged model30/06/201730/10/201705/12/2017FrenchPDF
Abridged model30/06/201614/12/201614/12/2016FrenchPDF
Abridged model30/06/201525/11/201526/01/2016FrenchPDF
Abridged model30/06/201429/01/201529/01/2015FrenchPDF
Abridged model30/06/201328/11/201328/11/2013FrenchPDF
Abridged model30/06/201226/04/201325/06/2013FrenchPDF
Abridged model30/06/201128/11/201130/11/2011FrenchPDF
Abridged model30/06/201009/12/201016/12/2010FrenchPDF
Abridged model30/06/200905/11/200927/11/2009FrenchPDF
Abridged model30/06/200823/12/200824/12/2008FrenchPDF
Abridged model30/06/200721/11/200727/11/2007FrenchPDF

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 30/06/2025

1 active · 22 ended

Active mandates

Fouad Rajan

Director · since 11 janvier 2024 · until 10 janvier 2030

Active

Ended mandates

Jehane RAJAN

Director · since 31 décembre 2019 · until 31 décembre 2026

Ended
Abdul Rajan

Director · since 30 octobre 2017 · until 30 octobre 2023

Ended
Fouad Frederick Rajan

Director · since 30 octobre 2017 · until 30 octobre 2023

Ended
Leipzig Anlagegesellschaft AG

Managing director · since 30 octobre 2017 · until 30 octobre 2023

Represented by René Faltz

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/01/2018
    CAPITAL, ACTIONS
    PDF
  • Mandates04/01/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/01/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/05/2013
    DIVERS
    PDF
  • Mandates29/04/2013
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,9 k €↓
  2. 2024
    Annual accounts 202410,9 k €↑
  3. 2023
    Annual accounts 2023-110,4 k €↓
  4. 2022
    Annual accounts 2022-87,4 k €↓
  5. 2021
    Annual accounts 2021-86,7 k €↑
  6. 2019
    Annual accounts 2019-174,7 k €↓
  7. 2018
    Annual accounts 2018441,7 k €↑
  8. 2017
    Annual accounts 2017-228 k €↓
  9. 2016
    Annual accounts 201658,2 k €↓
  10. 2015
    Annual accounts 2015176,4 k €↓
  11. 2014
    Annual accounts 2014182,8 k €↑
  12. 2013
    Annual accounts 2013171,8 k €↓
  13. 2012
    Annual accounts 2012214,6 k €↑
  14. 2011
    Annual accounts 2011179,9 k €↓
  15. 2010
    Annual accounts 2010186,6 k €↑
  16. 2009
    Annual accounts 2009152,9 k €↓
  17. 2008
    Annual accounts 2008180,6 k €↑
  18. 2007
    Annual accounts 200778,9 k €
  19. 30/03/1989
    IncorporationPublic limited company