ACTIVE

IMMO FEEST EN CULTUURPALEIS OOSTENDE

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Financial year 2024 · Closed on 31/12/2024

Net result-413,6 k €-40,9 %over 1 year
Revenue1,3 M €-11,0 %over 1 year
Equity14,3 M €-2,8 %over 1 year

Identity

Source · BCE/KBO

IMMO FEEST EN CULTUURPALEIS OOSTENDE is a Public limited company incorporated in 2006. Its main activity is: Buying and selling of own real estate. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0882.845.005
Incorporation
03/08/2006
Legal form
Public limited company
Registered office
Avenue Louise 54
1050 Ixelles · BruxellesSee on map
Contributed capital
16 368 725,08 €
Latest accounts
31/12/2024
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20242023202220212019
Income statement
Revenue1,3 M €1,4 M €1,2 M €1,3 M €1,9 M €
EBITDA770,8 k €922,3 k €557,9 k €775,3 k €1,4 M €
Operating result-216,5 k €-78,9 k €-325,4 k €-278 k €348,4 k €
Net result-413,6 k €-293,6 k €-552,4 k €-480,4 k €101,8 k €
Balance sheet
Equity14,3 M €14,7 M €15 M €15,5 M €16,6 M €
Total assets25 M €25,2 M €26,6 M €28 M €29,4 M €
Cash2,1 M €1,4 M €1,6 M €2,7 M €1,3 M €
Debts10,4 M €10,2 M €11,3 M €12,1 M €12,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 57 ended

Active mandates

Laurence Simillion

Director · since 28 juin 2024 · until 14 juin 2030

Active
Marc Gärtner

Director · since 28 juin 2024 · until 14 juin 2030

Active
Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 18 août 2025

Active

Ended mandates

Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 13 juin 2025

Ended
Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 13 juin 2025

Ended
Laurence Simillion

Director · since 23 juillet 2018 · until 14 juin 2024

Ended
Laurence Simillon

Director · since 23 juillet 2018 · until 14 juin 2024

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202503/07/202401/08/202306/07/202213/07/202125/08/2020
General meeting18/08/202528/06/202418/07/202330/06/202230/06/202131/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202418/08/202520/08/2025DutchPDF
Full model31/12/202328/06/202403/07/2024DutchPDF
Full model31/12/202218/07/202301/08/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Full model31/12/202030/06/202113/07/2021DutchPDF
Full model31/12/201931/07/202025/08/2020DutchPDF
Full model31/12/201826/07/201921/08/2019DutchPDF
Full model31/12/201723/07/201803/08/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF
Full model31/12/201524/08/201630/08/2016DutchPDF
Full model31/12/201407/05/201510/11/2015DutchPDF
Full model31/12/201302/05/201423/06/2014DutchPDF
Full model31/12/201202/05/201327/05/2013DutchPDF
Full model31/12/201103/05/201212/06/2012DutchPDF
Full model31/12/201005/05/201130/05/2011DutchPDF
Full model31/12/200906/05/201025/05/2010DutchPDF
Full model31/12/200822/06/200913/07/2009DutchPDF
Full model31/12/200717/06/200810/07/2008DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 57 ended

Active mandates

Laurence Simillion

Director · since 28 juin 2024 · until 14 juin 2030

Active
Marc Gärtner

Director · since 28 juin 2024 · until 14 juin 2030

Active
Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 18 août 2025

Active

Ended mandates

Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 13 juin 2025

Ended
Alex Hugo Ceusters

Director · since 26 novembre 2019 · until 13 juin 2025

Ended
Laurence Simillion

Director · since 23 juillet 2018 · until 14 juin 2024

Ended
Laurence Simillon

Director · since 23 juillet 2018 · until 14 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates14/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/05/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/11/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-413,6 k €↓
  2. 2023
    Annual accounts 2023-293,6 k €↑
  3. 2022
    Annual accounts 2022-552,4 k €↓
  4. 2021
    Annual accounts 2021-480,4 k €↓
  5. 2019
    Annual accounts 2019101,8 k €↓
  6. 2018
    Annual accounts 2018296,3 k €↓
  7. 2017
    Annual accounts 2017403,5 k €↓
  8. 2016
    Annual accounts 2016582 k €↓
  9. 2015
    Annual accounts 2015623,1 k €↑
  10. 2014
    Annual accounts 2014310,8 k €↑
  11. 2013
    Annual accounts 2013-11,2 k €↓
  12. 2012
    Annual accounts 2012483,1 k €↑
  13. 2011
    Annual accounts 2011466,2 k €↓
  14. 2010
    Annual accounts 2010524 k €↑
  15. 2009
    Annual accounts 2009288 k €↑
  16. 2008
    Annual accounts 2008-205,5 k €↑
  17. 2007
    Annual accounts 2007-360 k €
  18. 03/08/2006
    IncorporationPublic limited company