Company profile

Immobel SA is the largest listed real estate developer in Belgium. The group, which dates back to 1863, specialises in innovative, metropolitan projects that fit the lifestyle of the contemporary user. Immobel SA develops mixed real estate with a variety of functions: living, working, shopping and leisure. Finally, it is also active in landbanking. With a stock market value of over EUR 650 million and a portfolio of more than 1,200,000 m2 of project development in 6 countries (Belgium, Grand Duchy of Luxembourg, Poland, France, Spain, Germany), Immobel SA occupies a leading position in the European real estate landscape. The group strives for sustainability in urban development.

Source: Cofisem - Last Update: 09 Jul 2020
Key Executives
Executive Chairman Marnix Galle
Chief Financial Officer Karel Breda
VP, Communication Lian Verhoeven
Source: Cofisem - Last Update: 09 Jul 2020
Key figures
Millenium 2019 2018 2017 2016 2015
Gross rental income 419,547 313,420 145,000 262,774 53,926
Income from ordinary activities 419,547 313,420 145,000 262,774 60,641
Charges directly allocated to real estate, contracts
Result from divestment of real estate
Operating income 4,985 65,178 21,917 67,696 7,083
Cost (net) of financial indebtedness -4,284 -3,116 -1,979 -7,103 -6,010
Equity-accounted companies' contribution to results 4,985 5,171 3,380
Net profit from discontinued activities
Net income 102,240 56,913 10,933 53,639 704
Net income (Group share) 102,436 56,814 11,035 52,474 738
Fiscal year end 12.19 12.18 12.17 12.16 12.15
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 09 Jul 2020
Shareholder information
A3 Capital NV 58.94 %
Group-owned stock 3.94 %
Source: Cofisem - Last Update: 09 Jul 2020

Financial analysis

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Address

Immobel NV

Rue de la RĂ©gence 58
BE-1000 Bruxelles, Bruxelles-Capitale
Belgium
Source: Cofisem - Last Update: 09 Jul 2020

Contact

Karel Breda
Phone number: +32 2 422 53 50
Source: Immobel NV - Last Update: 09 Jul 2020