Dashboard
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Operating profit has grown by an annual rate -200.65% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Capital Employed (avg) of 1.28% signifying low profitability per unit of total capital (equity and debt)
2
Risky -
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-11.52%
0%
-11.52%
6 Months
23.37%
0%
23.37%
1 Year
36.94%
0%
36.94%
2 Years
-21.49%
0%
-21.49%
3 Years
-52.81%
0%
-52.81%
4 Years
-68.89%
0%
-68.89%
5 Years
-65.05%
0%
-65.05%
Immobel SA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-1.90%
EBIT Growth (5y)
-200.65%
EBIT to Interest (avg)
-0.38
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
1.98%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.28%
ROE (avg)
6.55%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.57
EV to EBIT
-11.75
EV to EBITDA
-12.27
EV to Capital Employed
0.85
EV to Sales
2.67
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-7.23%
ROE (Latest)
-22.68%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'22
Dec'22
Dec'21
Change(%)
Net Sales
227.20
379.50
-40.13%
Operating Profit (PBDIT) excl Other Income
-16.40
45.80
-135.81%
Interest
4.30
6.60
-34.85%
Exceptional Items
-43.80
0.00
Consolidate Net Profit
10.40
92.30
-88.73%
Operating Profit Margin (Excl OI)
-99.30%
108.60%
-20.79%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2022 is -40.13% vs 4.12% in Dec 2021
Consolidated Net Profit
YoY Growth in year ended Dec 2022 is -88.73% vs 171.47% in Dec 2021
About Immobel SA 
Immobel SA
Realty
Compagnie Immobiliere de Belgique SA (Immobel) is a Belgium-based company active in the real estate development sector. The Company operates in three lines of business in Belgium, Luxembourg and Poland, such as office properties, the residential sector and land banking. Its clients include: the state, the European Union (EU) and/or institutional investors for office complexes; private clients for residential property and land purchases, as well as private clients looking to invest in housing. The Company’s main projects in Belgium include Belair, Black Pearl, Parc Seny, Gateway, Bella Vita and Chastre Rue Du Chene. Its main projects in Luxembourg include Westside Village, Green Hill and Galerie Kons. Finally its main projects in Poland include Cedet, CBD One and Okraglak.
Company Coordinates 
Company Details
Rue de la Regence 58 , BRUXELLES None : 1000
Registrar Details






