ACTIVE

IMMO WM

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Financial year 2025 · closed on 31/03/2025

Net result

10,2 k €

-28.2% YoY

Gross margin

73,5 k €

-14.4% YoY

Equity

281,8 k €

+3.8% YoY

What does IMMO WM do?

IMMO WM is a Private limited company incorporated in 2008. Its main activity is: Development of building projects. Its registered office is in Balen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.514.805

Incorporation

27/10/2008

Legal form

Private limited company

Registered office

Poeierstraat 18
2490 Balen · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/03/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 43320Joinery installation 43320Joinery installation 43410Specialised construction activities 43910Roofing activities+4

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	73,5 k €	-14.4%	85,9 k €	+1.0%	85,1 k €	-0.9%	85,8 k €	-6.8%	92,1 k €	+6.3%	86,7 k €	-17.2%	104,7 k €	-44.2%	187,8 k €	+17.1%	160,4 k €	+10.1%	145,7 k €	+12.6%	129,3 k €	+33.7%	96,8 k €	-2.0%	98,7 k €	+881%	10,1 k €	+611%	-2,0 k €	-1431%	148,1 €
EBITDA	64,3 k €	-16.5%	77,1 k €	+0.8%	76,5 k €	-1.2%	77,4 k €	-7.6%	83,8 k €	+7.1%	78,2 k €	-19.8%	97,5 k €	-27.5%	134,4 k €	+15.3%	116,6 k €	+10.9%	105,2 k €	-13.8%	122,0 k €	+36.3%	89,5 k €	-8.1%	97,4 k €	+1137%	7,9 k €	+432%	-2,4 k €	-292%	-604,9 €
Operating result	12,4 k €	-50.7%	25,2 k €	+2.1%	24,7 k €	+4.3%	23,7 k €	+173%	8,7 k €	-65.0%	24,8 k €	-43.7%	44,1 k €	-36.3%	69,3 k €	+34.7%	51,4 k €	+28.7%	40,0 k €	-41.8%	68,6 k €	+90.1%	36,1 k €	-24.4%	47,7 k €	+262%	-29,6 k €	-40.0%	-21,1 k €	-3390%	-604,9 €
Net result	10,2 k €	-28.2%	14,2 k €	-16.8%	17,1 k €	-7.1%	18,4 k €	+52.9%	12,0 k €	-34.0%	18,2 k €	-39.1%	29,9 k €	-33.9%	45,2 k €	+42.3%	31,8 k €	+37.9%	23,0 k €	-47.6%	44,0 k €	+154%	17,3 k €	-50.4%	34,9 k €	+228%	-27,2 k €	-26.1%	-21,6 k €	-424%	-4,1 k €
Balance sheet
Equity	281,8 k €	+3.8%	271,6 k €	+5.5%	257,4 k €	+7.1%	240,4 k €	+8.3%	222,0 k €	+5.7%	210,0 k €	+8.6%	193,3 k €	+18.3%	163,4 k €	+38.3%	118,2 k €	+36.8%	86,4 k €	+36.4%	63,4 k €	+227%	19,4 k €	+841%	2,1 k €	+106%	-32,9 k €	-479%	-5,7 k €	-136%	15,9 k €
Total assets	537,7 k €	-6.1%	572,8 k €	-12.2%	652,1 k €	-7.2%	702,5 k €	-4.6%	736,5 k €	-5.5%	779,6 k €	-8.3%	850,1 k €	-10.8%	952,6 k €	-0.2%	954,8 k €	-5.1%	1,0 M €	-4.6%	1,1 M €	-0.8%	1,1 M €	-0.1%	1,1 M €	+20.5%	882,6 k €	+26.6%	697,3 k €	+254%	196,7 k €
Cash	4,8 k €	-43.4%	8,6 k €	-56.9%	19,9 k €	-10.3%	22,1 k €	+17.1%	18,9 k €	-19.1%	23,4 k €	-58.5%	56,4 k €		–		–		18,0 k €	-64.7%	51,0 k €	+792%	5,7 k €	-79.2%	27,4 k €		–		159,3 k €	+759%	18,6 k €
Debts	255,9 k €	-15.0%	301,2 k €	-23.4%	393,3 k €	-14.9%	461,9 k €	-10.2%	514,3 k €	-9.6%	569,1 k €	-13.3%	656,2 k €	-16.9%	789,2 k €	-5.7%	836,7 k €	-9.0%	919,7 k €	-7.2%	991,1 k €	-5.0%	1,0 M €	-1.7%	1,1 M €	+15.9%	915,5 k €	+30.2%	703,0 k €	+289%	180,9 k €
Other
Workforce	–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Wim Maerschalck

Director

Active

Ended mandates

Wim Maerschalck

Director · since 27 octobre 2008

Ended

WIM MAERSCHALCK

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Geerts betonstaal● Active	0445.072.721
Holding Geerts● Active	1031.755.841
JSG● Active	0798.867.947

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/10/2025	22/10/2024	16/10/2023	27/10/2022	03/11/2021	27/11/2020
General meeting	19/09/2025	20/09/2024	15/09/2023	16/09/2022	17/09/2021	18/09/2020
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	19/09/2025	14/10/2025	Dutch	PDF
Abridged model	31/03/2024	20/09/2024	22/10/2024	Dutch	PDF
Abridged model	31/03/2023	15/09/2023	16/10/2023	Dutch	PDF
Abridged model	31/03/2022	16/09/2022	27/10/2022	Dutch	PDF
Abridged model	31/03/2021	17/09/2021	03/11/2021	Dutch	PDF
Abridged model	31/03/2020	18/09/2020	27/11/2020	Dutch	PDF
Abridged model	31/03/2019	20/09/2019	27/11/2019	Dutch	PDF
Abridged model	31/03/2018	21/09/2018	26/11/2018	Dutch	PDF
Abridged model	31/03/2017	15/09/2017	30/09/2017	Dutch	PDF
Abridged model	31/03/2016	16/09/2016	10/10/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	04/10/2015	Dutch	PDF
Abridged model	31/03/2014	19/09/2014	24/09/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	12/10/2013	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	11/10/2012	Dutch	PDF
Abridged model	31/03/2011	16/09/2011	04/10/2011	Dutch	PDF
Abridged model	31/03/2010	17/09/2010	05/10/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/03/2025 · 1 active · 2 ended

Active mandates

Wim Maerschalck

Director

Active

Ended mandates

Wim Maerschalck

Director · since 27 octobre 2008

Ended

WIM MAERSCHALCK

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/09/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/08/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/04/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other10/11/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202510,2 k €↓
2024
Annual accounts 202414,2 k €↓
2023
Annual accounts 202317,1 k €↓
2022
Annual accounts 202218,4 k €↑
2021
Annual accounts 202112,0 k €↓
2020
Annual accounts 202018,2 k €↓
2019
Annual accounts 201929,9 k €↓
2018
Annual accounts 201845,2 k €↑
2017
Annual accounts 201731,8 k €↑
2016
Annual accounts 201623,0 k €↓
2015
Annual accounts 201544,0 k €↑
2014
Annual accounts 201417,3 k €↓
2013
Annual accounts 201334,9 k €↑
2012
Annual accounts 2012-27,2 k €↓
2011
Annual accounts 2011-21,6 k €↓
2010
Annual accounts 2010-4,1 k €
27/10/2008
IncorporationPrivate 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

IMMO WM

Overview

What does IMMO WM do?

Trend over 16 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