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Immobel S.A. (IMMO.BR)
EUR21.60
+0.00 (+0.00%)
BE BRU Real Estate Real Estate - Development
Address
Rue de la Régence 58 1000
Brussels, BE
Brussels, BE
CEO
Adel Yahia
Website
immobelgroup.com
IPO
2000-01-04
ISIN BE0003599108
Also trades on
Euronext Brussels · IMMO.BR (EUR)
London Stock Exchange · 0NC0.L (EUR)
Description
Immobel SA functions as a property development enterprise, conducting its operations across Belgium, Luxembourg, France, Germany, Poland, and Spain. The company's development scope encompasses the creation of office buildings, residential complexes, and retail spaces. It also devises and executes real estate projects designed for living, working, and leisure activities. Beyond its core development work, Immobel also extends services in project management and property leasing. Founded in 1863, the firm was previously known as Allfin NV until its official rebranding to Immobel SA in June 2016. Its primary corporate headquarters are located in Brussels, Belgium.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
EUR21.60
+0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
3.0K
Beta
0.95
Float Shares
4.13M
Free Float %
40.4%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.46% | +0.94% | -2.71% | -16.34% | -5.29% | -8.51% | +18.52% | -45.50% | -70.06% | -54.86% | -61.61% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
21.60
Ratings Trend (MoM)
75% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.11
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Real Estate - Development: +9.7%-12.9% Q4'25: +137.1% (vs Q4'23)
-
EPS growth Real Estate - Development: +20.5%+150.7% ★ Q4'25: +146.2% (vs Q4'23)
-
FCF margin FCF growth · Real Estate - Development: +16.2%+40.0% ★ Q4'25: +54.6% (vs Q4'23)
-
EBIT margin Real Estate - Development: +19.8%+7.7% Q4'25: +4.3% (vs Q4'23)
-
ROIC Real Estate - Development: +3.2%+2.3% Q4'25: +1.9% (vs Q4'23)
-
Share dilution Real Estate - Development: +0.0%+2.0% Q4'25: +2.8% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Real Estate - Development: 1.93×27.09× Q4'25: 20.30× (vs Q4'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 1998 actual |
Dec 1999 actual |
Dec 2000 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 3 Rev. Ana. 2 EPS Ana. |
Dec 2028 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
822.15M
est.
|
249.09M
est.
|
239.03M
est.
|
53.85M
est: 53.79M (+0.1%)
|
31.61M
est: 52.78M (-40.1%)
|
53.93M
est: 52.00M (+3.7%)
|
262.17M
est: 294.17M (-10.9%)
|
145.00M
est: 158.90M (-8.7%)
|
313.42M
est: 365.80M (-14.3%)
|
408.78M
est: 493.00M (-17.1%)
|
364.48M
est: 371.72M (-1.9%)
|
388.88M
est: 540.20M (-28.0%)
|
236.31M
est: 504.85M (-53.2%)
|
156.38M
est: 186.17M (-16.0%)
|
377.51M
est: 321.62M (+17.4%)
|
328.68M
est: 401.15M (-18.1%)
|
477.50M
409.98M – 545.02M
+19.0% YoY
|
441.35M
349.00M – 554.28M
-7.6% YoY
|
342.30M
282.82M – 409.39M
-22.4% YoY
|
| EBITDA |
-25.05M
est.
|
-7.44M
est.
|
-7.14M
est.
|
10.94M
est: -1.61M (+780.8%)
|
10.22M
est: -1.58M (+748.3%)
|
11.51M
est: -1.58M (+827.2%)
|
32.28M
est: -10.54M (+406.4%)
|
22.41M
est: -4.84M (+563.3%)
|
66.90M
est: 34.17M (+95.8%)
|
119.22M
est: 95.79M (+24.5%)
|
50.09M
est: 81.93M (-38.9%)
|
60.62M
est: 123.67M (-51.0%)
|
-43.62M
est: 180.96M (-124.1%)
|
-10.57M
est: -7.54M (-40.2%)
|
-73.04M
est: -13.03M (-460.6%)
|
28.67M
est: -16.25M (+276.4%)
|
-19.35M
-22.08M – -16.61M
-19.0% YoY
|
-17.88M
-22.46M – -14.14M
+7.6% YoY
|
-13.87M
-16.59M – -11.46M
+22.4% YoY
|
| EBIT |
-38.98M
est.
|
-11.58M
est.
|
-11.11M
est.
|
10.54M
est: -2.50M (+521.6%)
|
29.94M
est: -2.45M (+1,320.7%)
|
8.87M
est: -2.46M (+460.3%)
|
72.21M
est: 27.79M (+159.9%)
|
26.69M
est: -7.53M (+454.6%)
|
66.48M
est: 52.93M (+25.6%)
|
118.53M
est: 103.14M (+14.9%)
|
46.56M
est: 83.93M (-44.5%)
|
56.04M
est: 126.68M (-55.8%)
|
-49.78M
est: 185.37M (-126.9%)
|
-15.46M
est: -10.70M (-44.5%)
|
-75.26M
est: -18.49M (-307.0%)
|
25.42M
est: -23.06M (+210.2%)
|
-27.45M
-31.33M – -23.57M
-19.0% YoY
|
-25.37M
-31.86M – -20.06M
+7.6% YoY
|
-19.68M
-23.54M – -16.26M
+22.4% YoY
|
| Net Income |
32.26M
est.
|
40.07M
est.
|
42.31M
est.
|
1.47M
est: 2.24M (-34.4%)
|
20.04M
est: 60.38M (-66.8%)
|
738.0K
est: 2.41M (-69.4%)
|
52.47M
est: 50.16M (+4.6%)
|
11.04M
est: 21.98M (-49.8%)
|
56.81M
est: 23.09M (+146.1%)
|
102.44M
est: 83.30M (+23.0%)
|
33.27M
est: 73.51M (-54.7%)
|
92.15M
est: 110.95M (-16.9%)
|
10.72M
est: -1.21M (+988.4%)
|
-38.42M
est: -124.77M (+69.2%)
|
-93.70M
est: -12.61M (-642.9%)
|
48.45M
est: 48.45M (+0.0%)
|
47.55M
35.57M – 71.46M
-1.9% YoY
|
69.24M
37.24M – 69.61M
+45.6% YoY
|
36.35M
27.74M – 44.96M
-47.5% YoY
|
| SGA |
107.11M
est.
|
31.81M
est.
|
30.53M
est.
|
—
est: 6.87M (-100.0%)
|
—
est: 6.74M (-100.0%)
|
8.07M
est: 7.14M (+13.0%)
|
15.36M
est: 35.02M (-56.2%)
|
20.37M
est: 20.68M (-1.5%)
|
25.63M
est: 20.26M (+26.5%)
|
36.17M
est: 15.54M (+132.8%)
|
32.76M
est: 8.00M (+309.2%)
|
27.25M
est: 12.08M (+125.5%)
|
40.92M
est: 17.68M (+131.4%)
|
41.59M
est: 22.95M (+81.2%)
|
19.77M
est: 38.37M (-48.5%)
|
18.05M
est: 49.46M (-63.5%)
|
58.87M
50.54M – 67.19M
+19.0% YoY
|
54.41M
43.03M – 68.34M
-7.6% YoY
|
42.20M
34.87M – 50.47M
-22.4% YoY
|
| EPS |
3.21
est.
|
3.98
est.
|
4.17
est.
|
0.36
est: 0.22 (+60.4%)
|
4.86
est: 6.04 (-19.5%)
|
0.18
est: 0.24 (-25.0%)
|
5.99
est: 5.00 (+19.8%)
|
1.26
est: 2.19 (-42.5%)
|
6.48
est: 7.40 (-12.5%)
|
11.66
est: 12.09 (-3.6%)
|
3.58
est: 3.55 (+0.9%)
|
9.25
est: 7.78 (+18.9%)
|
1.08
est: 4.64 (-76.7%)
|
-3.85
est: -12.47 (+69.1%)
|
-9.33
est: -1.21 (-669.3%)
|
4.73
est: 4.96 (-4.5%)
|
5.22
3.47 – 6.97
+5.3% YoY
|
4.78
3.63 – 6.79
-8.4% YoY
|
3.50
2.71 – 4.39
-26.9% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-28 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-27 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-26 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-25 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-22 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-21 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-20 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-19 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-18 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-15 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-14 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-13 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-12 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-11 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-08 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-07 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-06 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-04 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
187.88M
OE per share TTM
18.32
Owner's Yield
85.63%
Maintenance CapEx ratio
18.13%
Maint CapEx / Avg PPE
2.9%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 2 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Dimensional - International Core Equity 2 ETF DFIC | 0.00% | 57.3K | 0.22% |
| 2 | Avantis International Equity ETF AVDE | 0.00% | 1.5K | 0.23% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
169.5K
Shares Outstanding
10.23M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Marnix Galle | Executive President & Executive Chairman | 1M | male |
| Adel Yahia | Chief Executive Officer | 1M | male |
| Alfred Galle | Chief Investment Officer | — | male |
| Hans Van Audenaerde | Head of Acquisitions, Investments & Financial Advisory | — | male |
| Karel Didier Hugo Breda | Chief Financial Officer | — | male |
| Katrien Huygens | Head of Marketing & Chief Editor | — | — |
| Marnix Mellaerts | Head of Sales | — | male |
| Stephanie De Wilde | Chief Editor, Compliance Officer & Chief Legal Officer | — | female |
| Wim Smekens | Chief Technical Officer | — | male |
| Alain Delvaulx | Head of Financial Planning & Analysis | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for IMMO.BR
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
