ACTIVE

IMMOSAL

Financial year 2025 · closed on 31/12/2025
Net result
18 k €
+5.7% YoY
Gross margin
65 k €
+1.4% YoY
Equity
106,9 k €
+20.2% YoY

What does IMMOSAL do?

IMMOSAL is a Private limited company incorporated in 2018. Its main activity is: Legal activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0707.919.559
Incorporation
08/10/2018
Legal form
Private limited company
Registered office
Rue Louvrex 55-57
4000 Liège · WallonieSee on map
Contributed capital
22 493,90 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin65 k €64,2 k €62,1 k €69,2 k €68 k €33,7 k €44,6 k €
EBITDA59,1 k €58,4 k €56,4 k €64,4 k €63,1 k €31,3 k €41,9 k €
Operating result30,7 k €30 k €27,1 k €35,2 k €34,5 k €3,1 k €11,2 k €
Net result18 k €17 k €14,5 k €18,9 k €20,8 k €-6,4 k €3,6 k €
Balance sheet
Equity106,9 k €88,9 k €71,9 k €57,4 k €38,5 k €17,7 k €22,2 k €
Total assets426,6 k €426,9 k €448,4 k €476,9 k €496,1 k €514,7 k €539,4 k €
Cash47,4 k €25,1 k €9,6 k €17,6 k €14,8 k €19,3 k €13,4 k €
Debts319,7 k €337,9 k €376,5 k €419,4 k €457,7 k €497 k €517,2 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 · 13 active · 6 ended

Active mandates

Cécile DELFORGE

Managing director · since 01 janvier 2023

Active
Philippe MOINEAU

Director · since 01 janvier 2023

Active
Sibylle COURBE

Director · since 01 janvier 2023

Active
Vincent MARCELLE

Director · since 01 janvier 2023

Active
Cécile DELFORGE

Director · since 08 octobre 2018

Active
Charlotte REMICHE

Director · since 08 octobre 2018

Active
Joëlle DECHARNEUX

Managing director · since 08 octobre 2018

Active
Laurent SCHREIBER

Director · since 08 octobre 2018

Active
Manuel GUSTIN

Managing director · since 08 octobre 2018

Active
Marc LEVAUX

Managing director · since 08 octobre 2018

Active
Pascale BABILONE

Director · since 08 octobre 2018

Active
Pierre PICHAULT

Director · since 08 octobre 2018

Active
Roman AYDOGDU

Director · since 08 octobre 2018

Active

Ended mandates

Joëlle DECHARNEUX

Director · since 08 octobre 2018

Ended
Manuel GUSTIN

Director · since 08 octobre 2018

Ended
Marc LEVAUX

Director · since 08 octobre 2018

Ended
Paul CRAHAY

Director · since 08 octobre 2018

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 date25/08/202626/08/202526/08/202429/08/202329/08/202223/08/2021
General meeting30/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202625/08/2026FrenchPDF
Abridged model31/12/202430/06/202526/08/2025FrenchPDF
Abridged model31/12/202324/06/202426/08/2024FrenchPDF
Abridged model31/12/202226/06/202329/08/2023FrenchPDF
Abridged model31/12/202127/06/202229/08/2022FrenchPDF
Abridged model31/12/202028/06/202123/08/2021FrenchPDF
Abridged model31/12/201929/06/202030/09/2020FrenchPDF
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 · 13 active · 6 ended

Active mandates

Cécile DELFORGE

Managing director · since 01 janvier 2023

Active
Philippe MOINEAU

Director · since 01 janvier 2023

Active
Sibylle COURBE

Director · since 01 janvier 2023

Active
Vincent MARCELLE

Director · since 01 janvier 2023

Active
Cécile DELFORGE

Director · since 08 octobre 2018

Active
Charlotte REMICHE

Director · since 08 octobre 2018

Active
Joëlle DECHARNEUX

Managing director · since 08 octobre 2018

Active
Laurent SCHREIBER

Director · since 08 octobre 2018

Active
Manuel GUSTIN

Managing director · since 08 octobre 2018

Active
Marc LEVAUX

Managing director · since 08 octobre 2018

Active
Pascale BABILONE

Director · since 08 octobre 2018

Active
Pierre PICHAULT

Director · since 08 octobre 2018

Active
Roman AYDOGDU

Director · since 08 octobre 2018

Active

Ended mandates

Joëlle DECHARNEUX

Director · since 08 octobre 2018

Ended
Manuel GUSTIN

Director · since 08 octobre 2018

Ended
Marc LEVAUX

Director · since 08 octobre 2018

Ended
Paul CRAHAY

Director · since 08 octobre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/09/2026
    PDF
  • Mandates20/12/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2023
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates21/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Court decision09/02/2023
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates20/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/02/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other20/12/2018
    DIVERS
    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 202518 k €
  2. 2024
    Annual accounts 202417 k €
  3. 2023
    Annual accounts 202314,5 k €
  4. 2022
    Annual accounts 202218,9 k €
  5. 2021
    Annual accounts 202120,8 k €
  6. 2020
    Annual accounts 2020-6,4 k €
  7. 2019
    Annual accounts 20193,6 k €
  8. 08/10/2018
    IncorporationPrivate limited company