ACTIVE

Immohel

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Financial year 2025 · closed on 31/03/2025

Net result

396,7 k €

+7703.5% YoY

Gross margin

761,2 k €

+316.5% YoY

Equity

1 M €

+59.7% YoY

What does Immohel do?

Immohel is a Public limited company incorporated in 1990. Its main activity is: Development of building projects. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.854.409

Incorporation

10/05/1990

Legal form

Public limited company

Registered office

Avenue Henri Elleboudt 11 box 7
1180 Uccle · BruxellesSee on map

Contributed capital

250 000,00 €

Latest accounts

31/03/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	761,2 k €	+316%	182,8 k €	+148%	73,8 k €	+19.1%	61,9 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	680,2 k €	+328%	158,8 k €	+192%	54,4 k €	+28.1%	42,4 k €	-17.0%	51,1 k €	+39.0%	36,8 k €	-91.6%	439,7 k €	+775%	50,3 k €	+4.7%	48 k €	-15.5%	56,8 k €	-4.4%	59,5 k €	+4.2%	57,1 k €	-4.7%	59,9 k €	-7.4%	64,7 k €	-45.2%	118 k €	+37.3%	85,9 k €	+13.7%	75,6 k €	+8.9%	69,4 k €	-15.3%	82 k €
Operating result	532,3 k €	+208033%	-256 €	-104%	6,7 k €	-54.7%	14,8 k €	-37.4%	23,6 k €	+189%	8,2 k €	-98.0%	410,6 k €	+2333%	16,9 k €	+21.7%	13,9 k €	-34.4%	21,1 k €	+11.2%	19 k €	+12.9%	16,8 k €	-19.7%	21 k €	-15.9%	25 k €	-69.2%	81 k €	+108%	39 k €	+34.7%	28,9 k €	+3.2%	28,1 k €	-22.1%	36 k €
Net result	396,7 k €	+7703%	5,1 k €	-63.8%	14,1 k €	+41.9%	9,9 k €	-33.1%	14,8 k €	+197%	5 k €	-98.8%	401,7 k €	+2861%	13,6 k €	+9.6%	12,4 k €	-29.0%	17,4 k €	+24.2%	14 k €	+83.8%	7,6 k €	-23.4%	10 k €	+15.7%	8,6 k €	-86.2%	62,6 k €	+258%	17,5 k €	-15.8%	20,8 k €	+217%	-17,8 k €	-991%	2 k €
Balance sheet
Equity	1 M €	+59.7%	647,4 k €	-1.3%	655,8 k €	+1.5%	646,1 k €	+1.1%	639,2 k €	+1.9%	627,4 k €	+12.1%	559,9 k €	+101%	278,6 k €	+3.4%	269,5 k €	+3.0%	261,7 k €	+5.2%	248,7 k €	+4.0%	239,2 k €	+3.5%	231,1 k €	+4.5%	221,1 k €	+4.1%	212,5 k €	+41.8%	149,9 k €	+13.2%	132,4 k €	+18.6%	111,6 k €	-14.1%	130 k €
Total assets	3,7 M €	-13.7%	4,3 M €	-1.3%	4,4 M €	+16.6%	3,7 M €	+34.6%	2,8 M €	+47.7%	1,9 M €	+73.6%	1,1 M €	+43.1%	759,2 k €	-2.7%	779,9 k €	-6.5%	834,3 k €	-2.4%	855 k €	-5.4%	904 k €	-1.7%	919,5 k €	-5.1%	968,8 k €	-2.3%	991,7 k €	-24.9%	1,3 M €	-4.0%	1,4 M €	-0.7%	1,4 M €	+14.5%	1,2 M €
Cash	430,1 k €	+846%	45,5 k €	-42.7%	79,4 k €	-84.6%	514,2 k €	+132%	221,8 k €	-28.1%	308,6 k €	-25.6%	414,7 k €	+1474%	26,4 k €	+175%	9,6 k €	-71.7%	33,9 k €	+141%	14,1 k €	+6.3%	13,2 k €	+120%	6 k €	-51.2%	12,3 k €	+167%	4,6 k €	-60.3%	11,6 k €	-47.2%	22 k €	+100%	11 k €	-26.6%	15 k €
Debts	2,4 M €	-32.5%	3,6 M €	-1.3%	3,6 M €	+20.6%	3 M €	+47.1%	2 M €	+77.8%	1,1 M €	+183%	402,1 k €	-15.1%	473,3 k €	-6.1%	504,3 k €	-10.9%	565,7 k €	-5.4%	598,1 k €	-9.5%	661 k €	-2.5%	677,9 k €	-8.0%	737,1 k €	-4.8%	774,3 k €	-33.6%	1,2 M €	-5.8%	1,2 M €	-2.5%	1,3 M €	+17.9%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 2 ended

Active mandates

Bernard Fischgrund

Mandate

Active

Joseph Fischgrund

Mandate

Active

Nadine Fischgrund

Mandate

Active

Ended mandates

BERNARD FISCHGRUND

Managing director

Ended

JOSEPH FISCHGRUND

Managing director

Ended

At this address

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Kurokuma● Active	0801.795.466
PROSPECTIVE CONSULT● Active	0444.650.770
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/11/2025	22/10/2024	13/03/2024	18/11/2022	24/11/2021	27/11/2020
General meeting	05/09/2025	06/09/2024	01/09/2023	02/09/2022	03/09/2021	04/09/2020
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	31/03/2025	05/09/2025	10/11/2025	French	PDF
Micro model	31/03/2024	06/09/2024	22/10/2024	French	PDF
Micro model	31/03/2023	01/09/2023	13/03/2024	French	PDF
Abridged model	31/03/2022	02/09/2022	18/11/2022	French	PDF
Full model	31/03/2021	03/09/2021	24/11/2021	French	PDF
Full model	31/03/2020	04/09/2020	27/11/2020	French	PDF
Full model	31/03/2019	06/09/2019	29/10/2019	French	PDF
Full model	31/03/2018	07/09/2018	19/11/2018	French	PDF
Full model	31/03/2017	29/09/2017	22/11/2017	French	PDF
Full model	31/03/2016	02/09/2016	23/11/2016	French	PDF
Full model	31/03/2015	04/09/2015	30/11/2015	French	PDF
Full model	31/03/2014	04/09/2014	26/11/2014	French	PDF
Full model	31/03/2013	06/09/2013	27/11/2013	French	PDF
Full model	31/03/2012	07/09/2012	30/11/2012	French	PDF
Full model	31/03/2011	02/09/2011	28/11/2011	French	PDF
Full model	31/03/2010	24/09/2010	19/11/2010	French	PDF
Full model	31/03/2009	20/11/2009	29/11/2009	French	PDF
Full model	31/03/2008	26/09/2008	27/11/2008	French	PDF
Full modelCorrection	31/03/2007	28/09/2007	28/12/2007	French	PDF
Full model	31/03/2007	28/09/2007	20/11/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 2 ended

Active mandates

Bernard Fischgrund

Mandate

Active

Joseph Fischgrund

Mandate

Active

Nadine Fischgrund

Mandate

Active

Ended mandates

BERNARD FISCHGRUND

Managing director

Ended

JOSEPH FISCHGRUND

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates19/11/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates02/07/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2006
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
PDF
Other24/12/2004
Par decision du Conseil d'Administration du 1
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 2025396,7 k €↑
2024
Annual accounts 20245,1 k €↓
2023
Annual accounts 202314,1 k €↑
2022
Annual accounts 20229,9 k €↓
2021
Annual accounts 202114,8 k €↑
2020
Annual accounts 20205 k €↓
2019
Annual accounts 2019401,7 k €↑
2018
Annual accounts 201813,6 k €↑
2017
Annual accounts 201712,4 k €↓
2016
Annual accounts 201617,4 k €↑
2015
Annual accounts 201514 k €↑
2014
Annual accounts 20147,6 k €↓
2013
Annual accounts 201310 k €↑
2012
Annual accounts 20128,6 k €↓
2011
Annual accounts 201162,6 k €↑
2010
Annual accounts 201017,5 k €↓
2009
Annual accounts 200920,8 k €↑
2008
Annual accounts 2008-17,8 k €↓
2007
Annual accounts 20072 k €
10/05/1990
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

Immohel

Overview

What does Immohel do?

Trend over 19 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