ACTIVE

IMMO MAX

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Financial year 2025 · closed on 31/12/2025
Net result
526,6 k €
+96.9% YoY
Gross margin
-35,6 k €
-132.6% YoY
Equity
110,8 k €
-75.0% YoY

What does IMMO MAX do?

IMMO MAX is a Public limited company incorporated in 1989. Its main activity is: Development of building projects. Its registered office is in Schaerbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0437.905.411
Incorporation
22/06/1989
Legal form
Public limited company
Registered office
Avenue de Roodebeek 24
1030 Schaerbeek · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate
Signals
ProfitableSolid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-35,6 k €109,3 k €17,8 k €–––––––––––––––––
EBITDA-38,7 k €103,6 k €12 k €-537,5 €-2,6 k €30,9 k €908,6 k €-299,2 k €2,8 M €4,5 M €750,8 k €500,2 k €529,1 k €445 k €308,1 k €313,1 k €585,4 k €2,9 M €442,1 k €829,7 k €
Operating result697,4 k €356,9 k €23,1 k €-537,5 €-2,6 k €30,9 k €908,6 k €38,4 k €1,6 M €4,2 M €538,5 k €285,2 k €315,5 k €231,4 k €190,5 k €195,4 k €456,7 k €2,8 M €389,7 k €776,5 k €
Net result526,6 k €267,4 k €5,4 k €141,8 €-1,5 k €-19,9 k €772,8 k €-34,4 k €1 M €2,7 M €309,2 k €74,7 k €83,7 k €14,7 k €6,5 k €-1,3 k €353,9 k €1 M €82,6 k €458,3 k €
Balance sheet
Equity110,8 k €442,7 k €727,3 k €721,9 k €721,8 k €723,3 k €743,2 k €970,3 k €3,3 M €3,9 M €3,2 M €2,9 M €2,9 M €2,8 M €2,8 M €2,8 M €3,4 M €3 M €2 M €1,9 M €
Total assets224,9 k €1,3 M €1,6 M €1,6 M €1,8 M €2 M €2,3 M €2,8 M €5,5 M €10,1 M €17 M €14,2 M €11,3 M €13,9 M €10,3 M €10,4 M €12,2 M €23 M €12 M €9,7 M €
Cash108,1 k €120,8 k €2,3 k €11 k €148,2 k €407,4 k €619,7 k €295,5 k €1,1 M €1,2 M €206,9 k €234,8 k €285,3 k €60 k €40,1 k €231,3 k €2,1 M €3,5 M €9,1 k €178,6 k €
Debts114,1 k €852,3 k €834,9 k €851,9 k €1 M €1,3 M €1,5 M €1,8 M €2,2 M €6,2 M €13,4 M €10,9 M €8,1 M €10,7 M €7,2 M €7,4 M €8,5 M €19,6 M €9,7 M €7,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Claudia DE CESCO

Director · until 08 mai 2029

Active
Giacomo MARTELLO

Director · until 08 mai 2029

Active
Maurice de MONTJOYE

Director · until 08 mai 2029

Active

Ended mandates

Claudia DE CESCO

Director · until 31 mai 2007

Ended
Claudia DE CESCO

Director · until 31 mai 2013

Ended
Claudia DE CESCO

Director · until 31 mai 2019

Ended
Claudia DE CESCO

Director · until 14 mai 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202607/07/202512/07/202418/07/202313/07/202227/07/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202610/07/2026FrenchPDF
Abridged model31/12/202413/05/202507/07/2025FrenchPDF
Abridged model31/12/202314/05/202412/07/2024FrenchPDF
Full model31/12/202209/05/202318/07/2023FrenchPDF
Full model31/12/202110/05/202213/07/2022FrenchPDF
Full model31/12/202011/05/202127/07/2021FrenchPDF
Full model31/12/201912/05/202017/07/2020FrenchPDF
Full model31/12/201814/05/201919/07/2019FrenchPDF
Full model31/12/201708/05/201819/07/2018FrenchPDF
Full model31/12/201609/05/201714/06/2017FrenchPDF
Full model31/12/201510/05/201604/07/2016FrenchPDF
Full model31/12/201412/05/201515/06/2015FrenchPDF
Full model31/12/201313/05/201430/06/2014FrenchPDF
Full model31/12/201214/05/201317/06/2013FrenchPDF
Full model31/12/201108/05/201211/06/2012FrenchPDF
Full model31/12/201010/05/201130/06/2011FrenchPDF
Full model31/12/200911/05/201016/06/2010FrenchPDF
Full model31/12/200812/05/200907/07/2009FrenchPDF
Full model31/12/200713/05/200818/06/2008FrenchPDF
Full model31/12/200608/05/200714/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 17 ended

Active mandates

Claudia DE CESCO

Director · until 08 mai 2029

Active
Giacomo MARTELLO

Director · until 08 mai 2029

Active
Maurice de MONTJOYE

Director · until 08 mai 2029

Active

Ended mandates

Claudia DE CESCO

Director · until 31 mai 2007

Ended
Claudia DE CESCO

Director · until 31 mai 2013

Ended
Claudia DE CESCO

Director · until 31 mai 2019

Ended
Claudia DE CESCO

Director · until 14 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares09/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates14/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/05/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/04/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/07/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring13/09/2012
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring19/06/2012
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    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

Timeline

  1. 2025
    Annual accounts 2025526,6 k €↑
  2. 2024
    Annual accounts 2024267,4 k €↑
  3. 2023
    Annual accounts 20235,4 k €↑
  4. 2022
    Annual accounts 2022141,8 €↑
  5. 2021
    Annual accounts 2021-1,5 k €↑
  6. 2020
    Annual accounts 2020-19,9 k €↓
  7. 2019
    Annual accounts 2019772,8 k €↑
  8. 2018
    Annual accounts 2018-34,4 k €↓
  9. 2017
    Annual accounts 20171 M €↓
  10. 2016
    Annual accounts 20162,7 M €↑
  11. 2015
    Annual accounts 2015309,2 k €↑
  12. 2014
    Annual accounts 201474,7 k €↓
  13. 2013
    Annual accounts 201383,7 k €↑
  14. 2012
    Annual accounts 201214,7 k €↑
  15. 2011
    Annual accounts 20116,5 k €↑
  16. 2010
    Annual accounts 2010-1,3 k €↓
  17. 2009
    Annual accounts 2009353,9 k €↓
  18. 2008
    Annual accounts 20081 M €↑
  19. 2007
    Annual accounts 200782,6 k €↓
  20. 2006
    Annual accounts 2006458,3 k €
  21. 22/06/1989
    IncorporationPublic limited company