Equity
€292,274 from €514,876 in 2016
Equity fell by 43% in 9 years.
IMMO - MAR
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €675,190 (2016)
€57,753▲ 17.4%
lowest -€75,924 (2018)
-€7,784▲ €16,333
peak €514,876 (2016)
€292,274▼ 2.6%
€359,140▼ 0.2%
Documentsfilings and deeds
17-08-202617 days late
2025abbreviated format
Gross margin from €49,176 to €57,753Loss of €7,784Cash from €3,042 to €13,430
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 43% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.2%▼ -0.2 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 17 days late; 1 of the last 3 accounts late
Liquidity: current ratio 0.11, cash €13,430
lowers risk
Size: total assets €799,913
Founded in 1989
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 54% of them on solvency, 39% on liquidity, 40% on profitability and 38% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as IMMO - MAR has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IMMO - MAR itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for IMMO - MAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.02 in 2024), below 1. Short-term debt is 21.5% and cash 1.7% of total assets. 63.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,784
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
17 days late
2024
31 days late
2023
2 days early
2022
on the day
2021
31 days early
2020
31 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436603334
General meeting · Other provision
Gazette deed
First establishment
IMMO-MAR, Marie-Josélaan 88, Antwerp
Incorporation
published on 18-02-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMMO - MAR Antwerp | €799,913 | €57,753 | 36.5% | - |
| L. M. & D. PROJECT Brasschaat | €761,079 | €66,671 | 26.0% | - |
| PECQ MANAGEMENT SYSTEMS Pecq | €828,630 | €55,610 | -23.7% | - |
| IMMO - PREJAMBES Andenne | €833,905 | €54,351 | 64.9% | 1 |
| Rolipa Oostkamp | €737,744 | €53,426 | 72.5% | - |
| IMMOBECA Namur | €750,460 | €63,559 | 93.5% | - |
| SATEF Namur | €797,287 | €57,051 | 69.1% | - |
These companies have the same main activity as IMMO - MAR: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €738,000 and €834,000, founded between 1984 and 1991.
Official details
Source: KBO- Status
- Active since 25-01-1989Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.042.146.0472600 Antwerp, since 16-02-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on IMMO - MAR
IMMO - MAR files the abbreviated format. That format states no turnover. The gross margin rose from €47,582 in 2007 to €57,753 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMMO - MAR
- What is the company number of IMMO - MAR?
- The company number of IMMO - MAR is 0436.603.334. The VAT number is the same number with BE in front: BE 0436.603.334.
- Where is IMMO - MAR based?
- The registered office is at Marie-Josélaan 88, 2600 Antwerp.Company details
- What does IMMO - MAR do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of IMMO - MAR?
- IMMO - MAR is a public limited company (NV).
- When was IMMO - MAR founded?
- IMMO - MAR was founded on 25-01-1989.
- Is IMMO - MAR still active?
- Yes, IMMO - MAR is an active enterprise in the KBO register.
- What is the turnover of IMMO - MAR?
- The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €57,753 and 45 comparable companies (NACE 682). It probably lies between €65,000 and €95,000.Financials
- Is IMMO - MAR profitable?
- In financial year 2025, IMMO - MAR made a loss of €7,784.
- Where can I find the annual accounts of IMMO - MAR?
- IMMO - MAR filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMMO - MAR due?
- IMMO - MAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.