Immo M41
0466.101.034 · rovalta.com · 22/09/2026
ACTIVE
Immo M41
Financial year 2025 · closed on 30/09/2025
Net result
-15 k €
+76.3% YoY
Gross margin
-1,5 k €
-110.0% YoY
Equity
534,2 k €
+1027.4% YoY
Overview
What does Immo M41 do?
Immo M41 is a Private limited company incorporated in 1999. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Heusden-Zolder.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.101.034
Incorporation
21/05/1999
Legal form
Private limited company
Registered office
Nieuwstraat 160
3550 Heusden-Zolder · FlandreSee on map
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
Signals
Solid equity
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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 | -1,5 k € | -110% | 15,3 k € | -32.4% | 22,6 k € | +4.5% | 21,6 k € | +2.6% | 21,1 k € | +11.5% | 18,9 k € | +65.4% | 11,4 k € | -21.4% | 14,5 k € | -43.4% | 25,7 k € | +19.8% | 21,4 k € | -27.9% | 29,7 k € | -0.1% | 29,7 k € | +1.8% | 29,2 k € | +42.6% | 20,5 k € | +1.7% | 20,1 k € | -11.2% | 22,7 k € | +1.3% | 22,4 k € | +3.8% | 21,6 k € | -8.2% | 23,5 k € |
| EBITDA | -1,9 k € | -113% | 15,2 k € | -32.5% | 22,5 k € | +4.5% | 21,5 k € | +2.9% | 20,9 k € | +10.8% | 18,9 k € | +66.2% | 11,4 k € | -10.9% | 12,8 k € | -44.1% | 22,8 k € | +7.5% | 21,2 k € | -28.4% | 29,7 k € | -0.1% | 29,7 k € | +1.8% | 29,2 k € | +42.8% | 20,4 k € | +1.7% | 20,1 k € | -11.2% | 22,6 k € | +1.3% | 22,3 k € | +3.9% | 21,5 k € | -8.3% | 23,4 k € |
| Operating result | -6,5 k € | -291% | 3,4 k € | -68.1% | 10,7 k € | +9.9% | 9,8 k € | +6.7% | 9,2 k € | -2.4% | 9,4 k € | +39.4% | 6,7 k € | -17.2% | 8,1 k € | -55.4% | 18,2 k € | +9.6% | 16,6 k € | -33.7% | 25 k € | -0.1% | 25 k € | +6.7% | 23,5 k € | +59.2% | 14,7 k € | +2.3% | 14,4 k € | -15.0% | 16,9 k € | +1.7% | 16,6 k € | +5.2% | 15,8 k € | -10.9% | 17,8 k € |
| Net result | -15 k € | +76.3% | -63,4 k € | -21745% | 293 € | +405% | 58 € | +287% | 15 € | +25.0% | 12 € | -98.9% | 1,1 k € | +191% | -1,2 k € | -113% | 9,2 k € | +87.0% | 4,9 k € | -60.1% | 12,4 k € | +24.0% | 10 k € | -22.2% | 12,9 k € | +744% | 1,5 k € | -36.6% | 2,4 k € | +114% | 1,1 k € | +161% | -1,8 k € | +56.3% | -4,2 k € | -27.7% | -3,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 534,2 k € | +1027% | 47,4 k € | -57.2% | 110,8 k € | +0.3% | 110,5 k € | +0.1% | 110,5 k € | +0.0% | 110,4 k € | +0.0% | 110,4 k € | +1.0% | 109,3 k € | -1.1% | 110,5 k € | +9.1% | 101,3 k € | +5.1% | 96,4 k € | +14.8% | 84 k € | +13.5% | 74 k € | +21.0% | 61,1 k € | +2.6% | 59,6 k € | +4.2% | 57,2 k € | +2.0% | 56,1 k € | -3.2% | 57,9 k € | -6.8% | 62,1 k € |
| Total assets | 587,6 k € | +118% | 269,2 k € | -35.2% | 415,2 k € | -2.0% | 423,6 k € | -2.2% | 433,1 k € | -2.6% | 444,9 k € | +85.4% | 239,9 k € | -1.9% | 244,5 k € | -1.9% | 249,2 k € | -2.9% | 256,5 k € | -1.7% | 261 k € | -1.7% | 265,4 k € | -1.6% | 269,6 k € | -2.0% | 275,1 k € | -1.9% | 280,5 k € | -1.8% | 285,7 k € | -5.6% | 302,5 k € | -6.1% | 322,1 k € | -5.5% | 341 k € |
| Cash | 3,6 k € | – | 4,3 k € | +162% | 1,6 k € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||
| Debts | 53,4 k € | -75.2% | 215,5 k € | -29.2% | 304,4 k € | -2.8% | 313,1 k € | -2.9% | 322,6 k € | -3.5% | 334,4 k € | +158% | 129,5 k € | -4.3% | 135,2 k € | -2.4% | 138,6 k € | -10.7% | 155,3 k € | -5.7% | 164,6 k € | -9.3% | 181,4 k € | -7.3% | 195,6 k € | -8.6% | 214 k € | -3.2% | 221 k € | -3.3% | 228,5 k € | -7.3% | 246,5 k € | -6.7% | 264,2 k € | -5.2% | 278,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 2 ended
Active mandates
Active
Marc Picard
ActiveEnded mandates
Marc PICARD
EndedMarc PICARD
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
JETA● Active | 0669.788.166 |
JETA Btw-eenheid● Active | 0763.598.153 |
VACAY HAVEN● Active | 1000.303.788 |
Financials
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 | 27/04/2026 | 18/03/2025 | 22/04/2024 | 31/03/2023 | 23/05/2022 | 30/03/2021 |
| General meeting | 31/03/2026 | 28/02/2025 | 28/02/2024 | 28/02/2023 | 28/02/2022 | 28/02/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 31/03/2026 | 27/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 28/02/2025 | 18/03/2025 | Dutch | |
| Micro model | 30/09/2023 | 28/02/2024 | 22/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 28/02/2023 | 31/03/2023 | Dutch | |
| Micro model | 30/09/2021 | 28/02/2022 | 23/05/2022 | Dutch | |
| Micro model | 30/09/2020 | 28/02/2021 | 30/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 28/02/2020 | 09/03/2020 | Dutch | |
| Abridged model | 30/09/2018 | 28/02/2019 | 11/03/2019 | Dutch | |
| Abridged model | 30/09/2017 | 28/02/2018 | 12/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 06/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 29/02/2016 | 25/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 13/03/2015 | 16/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 17/03/2014 | 18/03/2014 | Dutch | |
| Abridged model | 30/09/2012 | 22/03/2013 | 27/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 28/02/2012 | 20/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 28/02/2011 | 21/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 01/03/2010 | 02/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 18/03/2009 | 20/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 28/02/2008 | 17/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 28/02/2007 | 14/03/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 2 ended
Active mandates
Active
Marc Picard
ActiveEnded mandates
Marc PICARD
EndedMarc PICARD
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-15 k €↑
- 2025Name changeImmo M41
- 2024Annual accounts 2024-63,4 k €↓
- 2023Annual accounts 2023293 €↑
- 2022Annual accounts 202258 €↑
- 2021Annual accounts 202115 €↑
- 2021Name changeBRUFAM
- 2020Annual accounts 202012 €↓
- 2019Annual accounts 20191,1 k €↑
- 2018Annual accounts 2018-1,2 k €↓
- 2017Annual accounts 20179,2 k €↑
- 2016Annual accounts 20164,9 k €↓
- 2015Annual accounts 201512,4 k €↑
- 2014Annual accounts 201410 k €↓
- 2013Annual accounts 201312,9 k €↑
- 2012Annual accounts 20121,5 k €↓
- 2011Annual accounts 20112,4 k €↑
- 2010Annual accounts 20101,1 k €↑
- 2009Annual accounts 2009-1,8 k €↑
- 2008Annual accounts 2008-4,2 k €↓
- 2007Annual accounts 2007-3,3 k €
- 21/05/1999IncorporationPrivate limited company