Immobel SA

Brussels Stock Exchange IMMO.BR

Immobel SA Interest Coverage Ratio for the year ending December 31, 2023: -1.57

Immobel SA Interest Coverage Ratio is -1.57 for the year ending December 31, 2023, a 37.57% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Immobel SA Interest Coverage Ratio for the year ending December 31, 2022 was -2.51, a -171.56% change year over year.
Immobel SA Interest Coverage Ratio for the year ending December 31, 2021 was 3.51, a 17.14% change year over year.
Immobel SA Interest Coverage Ratio for the year ending December 31, 2020 was 3.00, a -67.51% change year over year.
Immobel SA Interest Coverage Ratio for the year ending December 31, 2019 was 9.22, a 58.00% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Brussels Stock Exchange: IMMO.BR

Immobel SA

CEO	Mr. Marnix Galle
IPO Date	Jan. 4, 2000
Location	Belgium
Headquarters	Rue de la Régence 58
Employees	145
Sector	Real Estate
Industries Office REITs Diversified REITs

Description

Immobel SA engages in the real estate development business in Belgium, Luxemburg, France, Germany, Poland, and Spain. The company undertakes office, residential, and retail projects, as well as develops real estate projects for living, working, and recreational activities. It also provides project management and leasing services. The company was formerly known as Allfin NV and changed its name to Immobel SA in June 2016. Immobel SA was incorporated in 1863 and is headquartered in Brussels, Belgium.

Key trends

Past 5 years