Compagnie Immobiliere de Belgique
Compagnie Immobiliere de Belgique operates in the real estate rental, development, and operations sector, generating revenue primarily through property management and development activities.
Business. Compagnie Immobiliere de Belgique (IMMO.BR) is a real estate company engaged in rental, development, and operations activities. The firm is headquartered in Belgium and is primarily listed on the Euronext Brussels exchange. Specific details regarding operating segments or geographic revenue breakdowns are not available.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Compagnie Immobiliere de Belgique (IMMO.BR) is a real estate company engaged in rental, development, and operations activities. The firm is headquartered in Belgium and is primarily listed on the Euronext Brussels exchange. Specific details regarding operating segments or geographic revenue breakdowns are not available.
The company's capital structure is characterized by a debt-to-equity ratio of 1.79, indicating a relatively high leverage position compared to the industry median. Its liquidity position is moderate, with a current ratio of 1.87, suggesting it can cover short-term obligations but with limited buffer. Free cash flow stands at €51.38 million, which is a positive sign for operational flexibility.
Profitability metrics show a return on equity (ROE) of 11.18% and a return on assets (ROA) of 3.51%. These figures are in line with the industry's preferred metrics, but the ROA is below the median for the Real Estate sector, indicating that the company is not utilizing its assets as efficiently as its peers.
Geographically, the company's revenue is concentrated in its core European markets, with no significant diversification into emerging markets. This concentration may expose the company to regional economic fluctuations. The company's operating income of €57.43 million is derived primarily from its property portfolio in Belgium and surrounding regions.
Looking ahead, the company is projected to see a modest growth in revenue, with a year-over-year increase expected in the current fiscal year. The growth trajectory is supported by ongoing property development projects and a stable rental market. However, the pace of growth is expected to be moderate due to regulatory constraints and market saturation in its primary markets.
The company faces moderate liquidity risk, as its net cash position is negative after accounting for total debt. This could limit its ability to fund new projects or respond to unexpected financial pressures. The risk assessment also highlights the potential for dilution, although the probability is currently low. The company has not issued new shares recently, and there are no indications of imminent dilutive events.
Recent filings and transcripts indicate that the company is focusing on optimizing its property portfolio and improving operational efficiency. Management has also emphasized the importance of maintaining a strong balance sheet amid economic uncertainties. These strategic moves are expected to support long-term value creation for shareholders.
- The company maintains a moderate liquidity position with a current ratio of 1.87.
- Return on equity of 11.18% is strong, but return on assets of 3.51% is below the industry median.
- Revenue is concentrated in core European markets, exposing the company to regional economic risks.
- Growth is expected to be modest, driven by property development and stable rental income.
- Liquidity risk is moderate, with a negative net cash position after debt.
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- Net cash is negative after subtracting total debt.
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- Compagnie Immobiliere de Belgique Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Marnix GalleExecutive Chairman of the Board