ACTIVE

IMMO SECO

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Financial year 2025 · closed on 31/12/2025
Net result
-60,3 k €
-121.0% YoY
Gross margin
1,1 M €
-13.5% YoY
Equity
6,5 M €
-0.9% YoY

What does IMMO SECO do?

IMMO SECO is a Public limited company incorporated in 2017. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Machelen (Brab.).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.461.370
Incorporation
31/05/2017
Legal form
Public limited company
Registered office
Hermeslaan 9
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
6 000 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
68201Rental and operating of own or leased real estate· main68201Rental and operating of own or leased real estate68310Real estate agencies68311Real estate agencies68312Real estate agencies68321Management of real estate on a fee or contract basis+2
Signals
Solid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin1,1 M €1,2 M €1,1 M €1,3 M €680,6 k €682,6 k €10,6 M €
EBITDA780,5 k €1,2 M €1,1 M €1,2 M €301,2 k €270,7 k €10,2 M €
Operating result120,6 k €490,8 k €343,4 k €631,1 k €246,9 k €270,7 k €9,8 M €
Net result-60,3 k €287 k €430,6 k €30,3 k €-110,5 k €125,2 k €6,9 M €
Balance sheet
Equity6,5 M €6,6 M €6,5 M €12,6 M €12,9 M €13 M €12,9 M €
Total assets15,8 M €16,8 M €25 M €28,6 M €34,4 M €28,9 M €16,3 M €
Cash376,9 k €900,1 k €2 M €3,1 M €9,2 M €1,5 M €846,8 k €
Debts9,3 M €10,2 M €18,4 M €13,2 M €18,6 M €13 M €564,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

B.H. GROUP

Director · since 06 juin 2024 · until 06 juin 2030 · 0883.343.465

Represented by Bernard Heiderscheidt

Active
B GLOBAL MANAGEMENT

Director · since 07 juin 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Active
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Active
Philippe WETZEL

Director · since 13 juin 2022 · until 04 juin 2026

Active

Ended mandates

B.H. Group SA

Director · since 06 juin 2024 · until 06 juin 2030

Represented by Bernard Heiderscheidt

Ended
B GLOBAL MANAGEMENT

Director · since 07 juin 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Ended
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Ended
EREINDI

Director · since 03 juin 2021 · until 03 juin 2027 · 0669.649.495

Represented by Erik Van Celst

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date15/06/202624/06/202517/06/202405/07/202328/06/202228/07/2021
General meeting04/06/202605/06/202506/06/202407/06/202313/06/202203/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202615/06/2026DutchPDF
Abridged model31/12/202405/06/202524/06/2025FrenchPDF
Abridged model31/12/202306/06/202417/06/2024FrenchPDF
Abridged model31/12/202207/06/202305/07/2023FrenchPDF
Abridged model31/12/202113/06/202228/06/2022FrenchPDF
Abridged model31/12/202003/06/202128/07/2021FrenchPDF
Abridged model31/12/201904/06/202030/06/2020FrenchPDF
Abridged model31/12/201806/06/201912/07/2019FrenchPDF
Full model31/12/201707/06/201821/06/2018FrenchPDF
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.

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 · 4 active · 19 ended

Active mandates

B.H. GROUP

Director · since 06 juin 2024 · until 06 juin 2030 · 0883.343.465

Represented by Bernard Heiderscheidt

Active
B GLOBAL MANAGEMENT

Director · since 07 juin 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Active
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Active
Philippe WETZEL

Director · since 13 juin 2022 · until 04 juin 2026

Active

Ended mandates

B.H. Group SA

Director · since 06 juin 2024 · until 06 juin 2030

Represented by Bernard Heiderscheidt

Ended
B GLOBAL MANAGEMENT

Director · since 07 juin 2023 · until 07 juin 2029 · 0552.883.667

Represented by Stéphane Burton

Ended
LSQUARE ARCHITECTURE

Director · since 07 juin 2023 · until 07 juin 2029 · 0899.477.337

Represented by Renaud Chevalier

Ended
EREINDI

Director · since 03 juin 2021 · until 03 juin 2027 · 0669.649.495

Represented by Erik Van Celst

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office20/02/2025
    SIEGE SOCIAL
    PDF
  • Mandates26/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/07/2022
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2022
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    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 2025-60,3 k €↓
  2. 2024
    Annual accounts 2024287 k €↓
  3. 2023
    Annual accounts 2023430,6 k €↑
  4. 2022
    Annual accounts 202230,3 k €↑
  5. 2021
    Annual accounts 2021-110,5 k €↓
  6. 2020
    Annual accounts 2020125,2 k €↓
  7. 2019
    Annual accounts 20196,9 M €
  8. 31/05/2017
    IncorporationPublic limited company