ACTIVE

IMMO BELINVEST

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Financial year 2025 · Closed on 31/12/2025

Net result875,2 k €+154,7 %over 1 year

Gross margin2,1 M €+1 189,4 %over 1 year

Equity5,2 M €+20,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

IMMO BELINVEST is a Public limited company incorporated in 1990. Its registered office is in Merelbeke-Melle.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.689.023
Incorporation: 07/02/1990
Legal form: Public limited company
Registered office: Collegebaan 2C
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital: 2 032 726,90 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	+1189%	-195,3 k €		–		–		–
EBITDA	2 M €	+970%	-234,2 k €	-321%	-55,6 k €	-112%	454,8 k €	+184%	160,1 k €
Operating result	2 M €	+779%	-293,8 k €	-195%	-99,5 k €	-124%	411 k €	+253%	116,3 k €
Net result	875,2 k €	+155%	-1,6 M €	-20.5%	-1,3 M €	-88.5%	-704,5 k €	-6.0%	-664,9 k €
Balance sheet
Equity	5,2 M €	+20.4%	4,3 M €	-27.1%	5,9 M €	-18.4%	7,2 M €	-8.9%	7,9 M €
Total assets	30,1 M €	-6.6%	32,2 M €	-33.0%	48,1 M €	-2.0%	49 M €	+3.9%	47,2 M €
Cash	482,1 k €	+220314%	218,7 €	-100.0%	607,6 k €	-89.1%	5,6 M €	+6746%	81,3 k €
Debts	24,1 M €	-12.1%	27,4 M €	-23.1%	35,6 M €	+4.9%	34 M €	+10.6%	30,7 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Goos	Director22/12/2023 → 25/05/2026
Dirk De Cuyper	Managing director19/06/2020 → 25/05/2026Gedelegeerd bestuurder19/06/2020 → 2022 accountsendedDirector27/05/2002 → 2018 accountsended
Peter De Cuyper	Managing director26/05/2008 → 25/05/2026Gedelegeerd bestuurder19/06/2020 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alex De Cuyper	Managing director19/06/2020 → 28/12/2020
BELFIMA INVEST0466.014.328Represented by Peter De Cuyper	Director22/05/2017 → 2019 accounts
TRADIDEC0464.996.422Represented by Dirk De Cuyper	Director22/05/2017 → 27/05/2019

Other companies at this address

Collegebaan 2C 9090 Merelbeke-Melle

Company	CBE no.
BELFIMA INVEST● Active	0466.014.328
Bird Larsen● Active	0773.960.129
Didec Management● Active	0726.607.006
Ecospenser Technologies● Active	0807.674.161
Ecospenser Trading● Active	0676.518.184
EMDEC● Active	0743.959.217
Fodec Management● Active	0726.607.303
IMMO TRADEC● Active	0439.777.214
JUDEC● Active	0792.918.184
Primmodec● Active	1015.944.940
TRADEC INVEST● Active	0453.976.133
TRADIDEC● Active	0464.996.422
VALUEDEC● Active	0780.548.112

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full 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	12/10/2026	23/07/2025	27/06/2024	13/07/2023	19/07/2022	27/07/2021
General meeting	25/05/2026	23/06/2025	14/06/2024	30/06/2023	11/07/2022	30/06/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	12/10/2026	Dutch	PDF
Abridged model	31/12/2024	23/06/2025	23/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	13/07/2023	Dutch	PDF
Full model	31/12/2021	11/07/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	27/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	19/06/2020	26/10/2020	Dutch	PDF
Full model	31/12/2019	19/06/2020	14/07/2020	Dutch	PDF
Full model	31/12/2018	27/05/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	28/05/2018	25/07/2018	Dutch	PDF
Full model	31/12/2016	22/05/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	23/05/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Goos	Director22/12/2023 → 25/05/2026
Dirk De Cuyper	Managing director19/06/2020 → 25/05/2026Gedelegeerd bestuurder19/06/2020 → 2022 accountsendedDirector27/05/2002 → 2018 accountsended
Peter De Cuyper	Managing director26/05/2008 → 25/05/2026Gedelegeerd bestuurder19/06/2020 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alex De Cuyper	Managing director19/06/2020 → 28/12/2020
BELFIMA INVEST0466.014.328Represented by Peter De Cuyper	Director22/05/2017 → 2019 accounts
TRADIDEC0464.996.422Represented by Dirk De Cuyper	Director22/05/2017 → 27/05/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/04/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2012
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Annelies Goos

Dirk De Cuyper

Peter De Cuyper

Alex De Cuyper

TRADIDEC

BELFIMA INVEST

Gerda Thomson

Gerda Thomsen

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

IMMO BELINVEST

Collegebaan 2/C, 9090 Merelbeke-MelleCollegebaan 2C, 9090 Merelbeke-Melle

Director

Managing directorGedelegeerd bestuurderDirector

Managing directorGedelegeerd bestuurder

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Collegebaan 2C, 9090 Merelbeke-MelleCurrent		CBE
Collegebaan 2 bte C, 9090 Merelbeke-Melle	accounts 2025	Accounts 2025 · 2026-00555872
Collegebaan 2/C, 9090 Merelbeke-Melle	accounts 2023 → 2024	Accounts 2024 · 2025-00324452
Collegebaan 2C, 9090 Merelbeke-Melle	accounts 2021 → 2022	Accounts 2022 · 2023-00247365

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
IMMO BELINVESTCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00555872

Events

2025
Annual accounts 2025875,2 k €↑
2024
Annual accounts 2024-1,6 M €↓
2023
Annual accounts 2023-1,3 M €↓
2022
Annual accounts 2022-704,5 k €↓
2021
Annual accounts 2021-664,9 k €↓
2013
Annual accounts 2013613,6 k €↑
2012
Annual accounts 2012273,3 k €↓
2011
Annual accounts 20111,8 M €↑
2010
Annual accounts 2010-497,7 k €↓
2009
Annual accounts 2009-469,7 k €↓
2008
Annual accounts 20085,2 M €↑
2007
Annual accounts 2007-758,6 k €↓
2006
Annual accounts 2006935,8 k €
07/02/1990
IncorporationPublic limited company

IMMO BELINVEST

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

Registered offices

Company names

Events