ACTIVE

IMMOFFICE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

53,4 k €

-76.1% YoY

Gross margin

142,3 k €

-61.8% YoY

Equity

2 M €

+2.8% YoY

What does IMMOFFICE do?

IMMOFFICE is a Public limited company incorporated in 1993. Its main activity is: Development of building projects. Its registered office is in Zemst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.839.757

Incorporation

28/12/1993

Legal form

Public limited company

Registered office

Kluisweg 5
1980 Zemst · FlandreSee on map

Contributed capital

743 700,00 €

Latest accounts

30/09/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	142,3 k €	-61.8%	372,9 k €	+234%	111,7 k €	+21.7%	91,8 k €	+1087%	7,7 k €	-91.8%	94,2 k €	-29.8%	134,1 k €	+50.6%	89 k €	-15.9%	105,9 k €	+140%	44,1 k €	+85.1%	23,8 k €	-38.2%	38,5 k €	-78.7%	180,5 k €	+150%	72,1 k €	-3.9%	75 k €	+124%	33,5 k €	-13.7%	38,8 k €
EBITDA	115,7 k €	-66.5%	345,8 k €	+308%	84,7 k €	+9.2%	77,5 k €	+1130%	-7,5 k €	-109%	82,6 k €	-26.4%	112,3 k €	+65.7%	67,7 k €	-22.9%	87,9 k €	+317%	21,1 k €	+3572%	574,8 €	-97.5%	22,9 k €	-83.9%	142,9 k €	+151%	56,8 k €	-7.4%	61,4 k €	+207%	20 k €	-25.2%	26,7 k €
Operating result	43,3 k €	-84.7%	283,5 k €	+1552%	17,2 k €	+64.8%	10,4 k €	+114%	-72,5 k €	-447%	20,9 k €	-59.5%	51,6 k €	+3224%	-1,7 k €	+87.2%	-12,9 k €	+35.1%	-19,9 k €	+30.5%	-28,6 k €	-1638%	-1,6 k €	-101%	119 k €	+708%	14,7 k €	-53.2%	31,5 k €	+330%	-13,7 k €	-204%	-4,5 k €
Net result	53,4 k €	-76.1%	223,6 k €	+3113%	7 k €	+2.8%	6,8 k €	+111%	-63 k €	-7020%	-884,8 €	-102%	42,1 k €	-38.2%	68,1 k €	+76.3%	38,6 k €	+16.3%	33,2 k €	+71.5%	19,4 k €	-35.7%	30,1 k €	-96.1%	775 k €	+5196%	14,6 k €	+169%	5,4 k €	+182%	1,9 k €	+124%	-8,2 k €
Balance sheet
Equity	2 M €	+2.8%	1,9 M €	+11.5%	1,7 M €	-2.2%	1,8 M €	+0.4%	1,8 M €	+5.3%	1,7 M €	+4.1%	1,6 M €	+4.3%	1,5 M €	+2.2%	1,5 M €	-0.8%	1,5 M €	+2.2%	1,5 M €	-2.0%	1,5 M €	+2.0%	1,5 M €	+110%	704,8 k €	+2.1%	690,2 k €	+0.8%	684,7 k €	+0.3%	682,8 k €
Total assets	2,5 M €	-1.0%	2,5 M €	+5.4%	2,3 M €	-3.2%	2,4 M €	-3.9%	2,5 M €	+6.5%	2,4 M €	-0.6%	2,4 M €	-1.9%	2,4 M €	-6.0%	2,6 M €	+36.3%	1,9 M €	-0.2%	1,9 M €	-1.8%	1,9 M €	+0.8%	1,9 M €	+140%	798,8 k €	+8.7%	734,9 k €	-2.1%	750,9 k €	-2.6%	771,1 k €
Cash	40,8 k €	-79.9%	203,2 k €	+920%	19,9 k €	+50.0%	13,3 k €	+55.0%	8,6 k €	-84.9%	56,6 k €	-80.6%	291,4 k €	+347%	65,2 k €	-57.6%	153,8 k €	-76.1%	643,9 k €	+257%	180,2 k €	-78.1%	822,3 k €	+3.9%	791,2 k €	+839%	84,2 k €	+169%	31,3 k €	+1813%	1,6 k €	-94.7%	31,1 k €
Debts	241,1 k €	-22.3%	310,5 k €	-25.4%	416,4 k €	-3.8%	432,6 k €	-19.8%	539,7 k €	+33.9%	403,1 k €	-12.7%	461,6 k €	-17.0%	556,3 k €	-25.7%	748,9 k €	+1726%	41 k €	-45.8%	75,6 k €	-4.7%	79,4 k €	-18.2%	97,1 k €	+5.5%	92 k €	+115%	42,7 k €	-33.4%	64,2 k €	-20.1%	80,3 k €

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 30/09/2025 · 4 active · 29 ended

Active mandates

Herwig Frans THIRION

Managing director

Active

Jens THIRION

Director

Active

Lars Thirion

Director

Active

Martine Pissens

Director

Active

Ended mandates

Lars Thirion

Director · since 30 avril 2021 · until 15 mars 2027

Ended

Jens Thirion

Director · since 01 avril 2017 · until 15 mars 2021

Ended

Jens Thirion

Director · since 01 avril 2017

Ended

Lars Thirion

Director · since 01 janvier 2016 · until 15 mars 2021

Ended

At this address

Other companies at this address

Company	CBE no.
JELA● Active	0724.716.890

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2026	16/04/2025	15/03/2024	24/03/2023	04/05/2022	27/05/2021
General meeting	15/05/2026	31/03/2025	15/03/2024	15/03/2023	30/04/2022	30/04/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	15/05/2026	25/06/2026	Dutch	PDF
Micro model	30/09/2024	31/03/2025	16/04/2025	Dutch	PDF
Micro model	30/09/2023	15/03/2024	15/03/2024	Dutch	PDF
Micro model	30/09/2022	15/03/2023	24/03/2023	Dutch	PDF
Micro model	30/09/2021	30/04/2022	04/05/2022	Dutch	PDF
Micro model	30/09/2020	30/04/2021	27/05/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	27/04/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	28/03/2019	Dutch	PDF
Abridged model	30/09/2017	15/03/2018	10/04/2018	Dutch	PDF
Abridged model	30/09/2016	29/03/2017	26/04/2017	Dutch	PDF
Abridged model	30/09/2015	31/03/2016	11/04/2016	Dutch	PDF
Abridged model	30/09/2014	31/03/2015	30/04/2015	Dutch	PDF
Abridged model	30/09/2013	23/04/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	31/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	30/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	15/03/2011	13/07/2011	Dutch	PDF
Abridged model	30/09/2009	15/03/2010	31/03/2010	Dutch	PDF
Abridged model	30/09/2008	16/03/2009	07/08/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	07/04/2008	Dutch	PDF
Abridged model	30/09/2006	15/03/2007	29/10/2007	Dutch	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 30/09/2025 · 4 active · 29 ended

Active mandates

Herwig Frans THIRION

Managing director

Active

Jens THIRION

Director

Active

Lars Thirion

Director

Active

Martine Pissens

Director

Active

Ended mandates

Lars Thirion

Director · since 30 avril 2021 · until 15 mars 2027

Ended

Jens Thirion

Director · since 01 avril 2017 · until 15 mars 2021

Ended

Jens Thirion

Director · since 01 avril 2017

Ended

Lars Thirion

Director · since 01 janvier 2016 · until 15 mars 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/03/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/05/2004
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 202553,4 k €↓
2024
Annual accounts 2024223,6 k €↑
2023
Annual accounts 20237 k €↑
2022
Annual accounts 20226,8 k €↑
2021
Annual accounts 2021-63 k €↓
2018
Annual accounts 2018-884,8 €↓
2017
Annual accounts 201742,1 k €↓
2015
Annual accounts 201568,1 k €↑
2014
Annual accounts 201438,6 k €↑
2013
Annual accounts 201333,2 k €↑
2012
Annual accounts 201219,4 k €↓
2011
Annual accounts 201130,1 k €↓
2010
Annual accounts 2010775 k €↑
2009
Annual accounts 200914,6 k €↑
2008
Annual accounts 20085,4 k €↑
2007
Annual accounts 20071,9 k €↑
2006
Annual accounts 2006-8,2 k €
28/12/1993
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

IMMOFFICE

Overview

What does IMMOFFICE do?

Trend over 17 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