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42 Immo

Active
Private limited companyfounded 20206 yrs activeVlieghavenlaan 71, 3140 Keerbergen, BelgiumKBO/BCE: BE 0750.836.220
Summary

The computed 12-month bankruptcy probability of 42 Immo is 3.5% (moderate). The 2024 annual accounts show negative equity (-€17,696) and a net result of €10,437. Equity is shrinking by ~11.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability50▲+25
Solvency14▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.26 in 2023; short-term debt: 107.2% and cash: 21.6% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-11.1%
Return on assets
6.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
45 d early
2024
28 d early
2023
26 d early
2022
7 d early
2021
12 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

42 Immo was incorporated on 17 July 2020 as a Private limited company.1 Total assets went from EUR 161,900 in 2021 to EUR 160,070 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
-€17,696▲ 37.1%
2023 · -€28,133
Total assets
€160,070▲ 2.8%
2023 · €155,647
Net result
€10,437
2023 · -€4,102
Working capital
-€114,483▲ 16.2%
2023 · -€136,599
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result-€6,470-€1,598€5,680▲ 255%€19,518▲ 244%
Net result-€21,088--€8,943▲ 57.6%-€4,102▲ 54.1%€10,437
Equity-€15,088--€24,031▼ 59.3%-€28,133▼ 17.1%-€17,696▲ 37.1%
Total assets€161,900-€169,476▲ 4.7%€155,647▼ 8.2%€160,070▲ 2.8%
Debt€176,987-€193,507▲ 9.3%€183,780▼ 5.0%€177,766▼ 3.3%
Working capital-€137,141--€137,931▼ 0.6%-€136,599▲ 1.0%-€114,483▲ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€6,470-€6,470Net result 2021: -€21,088-€21,088Operating result 2022: €1,598€1,598Net result 2022: -€8,943-€8,943Operating result 2023: €5,680€5,680Net result 2023: -€4,102-€4,102Operating result 2024: €19,518€19,518Net result 2024: €10,437€10,4372021202220232024-€10,000€0€10,000€20,000Operating result 2022: €1,598€1,600Net result 2022: -€8,943-€8,940Operating result 2023: €5,680€5,680Net result 2023: -€4,102-€4,100Operating result 2024: €19,518€19,500Net result 2024: €10,437€10,400202220232024
The operating result has risen three years in a row; 2024 is 244% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160,070
Fixed assets €103,031 ▼ 5.0%
Current assets €57,039 ▲ 20.9%
Equity and liabilities
Equity-€17,696
Debt€177,766
Equity is negative: debt (€177,766) exceeds the balance-sheet total (€160,070).
Key figures and ratios
2024 value · change against 2023
EBITDA
€24,953▲
2023 · €11,114
Cash flow
€15,872▲
2023 · €1,332
Solvency
-11.1%▲
2023 · -18.1%
Current ratio
0.33▲
2023 · 0.26
ROA
6.5%▲
2023 · -2.6%
Interest coverage
2.75▲
2023 · 1.14
Debt ≤ 1 year
€171,521▼
2023 · €183,780
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
89% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€155,647€160,070▲
Fixed assets21/28€108,466€103,031▼
Tangible fixed assets22/27€108,466€103,031▼
Land and buildings22€108,466€103,031▼
Current assets29/58€47,181€57,039▲
Amounts receivable within one year40/41€10,549€22,226▲
Trade receivables40€8,699€20,676▲
Other amounts receivable41€1,850€1,550▼
Cash at bank and in hand54/58€34,938€34,549▼
Deferred charges and accrued income490/1€1,694€264▼
Equity and liabilities
Total equity and liabilities10/49€155,647€160,070▲
Equity10/15-€28,133-€17,696▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€34,133-€23,696▲
Amounts payable17/49€183,780€177,766▼
Amounts payable within one year42/48€183,780€171,521▼
Trade debts44€33,780€22,121▼
Suppliers440/4€33,780€22,121▼
Other amounts payable47/48€150,000€149,400▼
Accrued charges and deferred income492/3-€6,244
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,435€5,435=
Other operating charges640/8€38,234€26,861▼
Gross operating margin9900€49,348€51,814▲
Operating profit (loss)9901€5,680€19,518▲
Financial charges65/66B€9,782€9,081▼
Recurring financial charges65€9,782€9,081▼
Profit (loss) for the period before taxes9903-€4,102€10,437▲
Profit (loss) for the period9904-€4,102€10,437▲
Profit (loss) for the period to be appropriated9905-€4,102€10,437▲
Appropriation of the result
Profit (loss) to be appropriated9906-€34,133-€23,696▲
Profit (loss) brought forward from the previous period14P-€30,031-€34,133▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,947€8,152€5,435€5,435=
Other operating charges640/8€29,973€46,320€38,234€26,861▼ 29.7%
Gross operating margin9900€26,450€56,070€49,348€51,814▲ 5.0%
Operating profit (loss)9901-€6,470€1,598€5,680€19,518▲ 244%
Financial charges65/66B€14,618€10,541€9,782€9,081▼ 7.2%
Recurring financial charges65€14,618€10,541€9,782€9,081▼ 7.2%
Profit (loss) for the period before taxes9903-€21,088-€8,943-€4,102€10,437▲ 354%
Profit (loss) for the period9904-€21,088-€8,943-€4,102€10,437▲ 354%
Profit (loss) for the period to be appropriated9905-€21,088-€8,943-€4,102€10,437▲ 354%
Line2021202220232024Change
Assets
Total assets20/58€161,900€169,476€155,647€160,070▲ 2.8%
Fixed assets21/28€122,053€113,901€108,466€103,031▼ 5.0%
Tangible fixed assets22/27€122,053€113,901€108,466€103,031▼ 5.0%
Land and buildings22€122,053€113,901€108,466€103,031▼ 5.0%
Current assets29/58€39,846€55,576€47,181€57,039▲ 20.9%
Amounts receivable within one year40/41€30,495€31,828€10,549€22,226▲ 111%
Trade receivables40€25,645€26,978€8,699€20,676▲ 138%
Other amounts receivable41€4,850€4,850€1,850€1,550▼ 16.2%
Cash at bank and in hand54/58€9,352€23,748€34,938€34,549▼ 1.1%
Deferred charges and accrued income490/1--€1,694€264▼ 84.4%
Equity and liabilities
Total equity and liabilities10/49€161,900€169,476€155,647€160,070▲ 2.8%
Equity10/15-€15,088-€24,031-€28,133-€17,696▲ 37.1%
Contributions10/11€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14-€21,088-€30,031-€34,133-€23,696▲ 30.6%
Amounts payable17/49€176,987€193,507€183,780€177,766▼ 3.3%
Amounts payable within one year42/48€176,987€193,507€183,780€171,521▼ 6.7%
Trade debts44€26,987€43,507€33,780€22,121▼ 34.5%
Suppliers440/4€26,987€43,507€33,780€22,121▼ 34.5%
Other amounts payable47/48€150,000€150,000€150,000€149,400▼ 0.4%
Accrued charges and deferred income492/3---€6,244-
Line2021202220232024Change
Profit (loss) for the period9904-€21,088-€8,943-€4,102€10,437▲ 354%
+ Depreciation and write-downs630€2,947€8,152€5,435€5,435=
Operating cash flow (approximation)-€18,141-€791€1,332€15,872▲ 1,091%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€14,396€11,190-€389▼ 103%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €10,437
Net result €10,437 after 3 loss-making years.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Keerbergen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
2,001 m²
Building footprint
291 m²
Volume, LiDAR
976 m³
Parcel 24472F0002/00M000, Flanders · tallest building 12.4 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
42 Immo
Vlieghavenlaan 71, 3140 KeerbergenAgents specialised in the wholesale of other particular products
since 20202.306.546.667
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24472F0002/00M000 Flanders 2,001 m² 1 · 291 m² 12.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded17-07-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0750836220
Also 9925:BE0750836220
Registered 30-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.