A.T. IMMO
ActiveSummary
The annual accounts of A.T. IMMO for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €9,219 and a net result of -€29,517. Equity is shrinking by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 14284 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▼-9
Solvency26▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.0 against 0.2 in 2024; short-term debt: 4% and cash: 0% of total assets), and 99% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
1%
Return on assets
-3.3%
Age of the figures
9 mo
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
2122232425
2021 to 2025 · latest year -€29,517
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 14284 sector peers (2025).
NBB · sector comparisonPosition among 14284 sector peers
Solvency
better than 22%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
4 d early
2024
13 d early
2023
7 d early
2022
81 d early
2021
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€9,219▼ 76.2%
2024 · €38,736
Total assets
€888,963▼ 6.3%
2024 · €948,258
Net result
-€29,517▼ 199%
2024 · -€9,859
Working capital
-€35,124▼ 11.6%
2024 · -€31,469
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,982-€2,126€5,763▲ 171%€9,806▲ 70.2%€14,064▲ 43.4%
Net result-€7,844below the sector's middle half--€3,295within the sector's middle half▲ 58.0%-€266within the sector's middle half▲ 91.9%-€9,859within the sector's middle half▼ 3,606%-€29,517below the sector's middle half▼ 199%
Equity€52,156within the sector's middle half-€48,861within the sector's middle half▼ 6.3%€48,595within the sector's middle half▼ 0.5%€38,736within the sector's middle half▼ 20.3%€9,219within the sector's middle half▼ 76.2%
Total assets€247,381within the sector's middle half-€244,726within the sector's middle half▼ 1.1%€230,215within the sector's middle half▼ 5.9%€948,258within the sector's middle half▲ 312%€888,963within the sector's middle half▼ 6.3%
Debt€195,225-€195,865▲ 0.3%€181,620▼ 7.3%€909,522▲ 401%€879,744▼ 3.3%
Working capital-€27,826within the sector's middle half--€23,027within the sector's middle half▲ 17.2%-€20,293within the sector's middle half▲ 11.9%-€31,469within the sector's middle half▼ 55.1%-€35,124within the sector's middle half▼ 11.6%
Solvency21.1%within the sector's middle half-20.0%within the sector's middle half▼ 1.1pp21.1%within the sector's middle half▲ 1.1pp4.1%below the sector's middle half▼ 17.0pp1.0%below the sector's middle half▼ 3.0pp
Current ratio0.04below the sector's middle half-0.05below the sector's middle half▲ 0.010.05below the sector's middle half=0.20below the sector's middle half▲ 0.150.00below the sector's middle half▼ 0.20
Return on assets (ROA)-3.2%below the sector's middle half--1.3%within the sector's middle half▲ 1.8pp-0.1%within the sector's middle half▲ 1.2pp-1.0%within the sector's middle half▼ 0.9pp-3.3%below the sector's middle half▼ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €888,963
Fixed assets
€888,962 ▼ 5.4%
Current assets
€1 ▼ 100.0%
Equity and liabilities €888,963
Equity
€9,219 ▼ 76.2%
Debt
€879,744 ▼ 3.3%
Debt's share of the balance-sheet total rises from 95.9% to 99.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€65,668▲
2024 · €42,801
Cash flow
€22,087▼
2024 · €23,136
Debt to equity
95.43▲
2024 · 23.48
ROE
-320.2%▼
2024 · -25.5%
Interest coverage
1.51▼
2024 · 2.18
Debt ≤ 1 year
€35,125▼
2024 · €39,161
Debt > 1 year
€819,079▼
2024 · €861,842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
1.8%
went bankrupt
3.3%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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%.
| 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 819 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,695 | €13,601 | €14,386 | €32,995 | €51,604 | ▲ 56.4% |
| Other operating charges640/8 | €838 | €564 | €490 | €1,231 | €3,666 | ▲ 198% |
| Gross operating margin9900 | €5,551 | €16,291 | €20,639 | €44,032 | €69,334 | ▲ 57.5% |
| Operating profit (loss)9901 | -€2,982 | €2,126 | €5,763 | €9,806 | €14,064 | ▲ 43.4% |
| Financial charges65/66B | €4,862 | €5,421 | €6,029 | €19,665 | €43,581 | ▲ 122% |
| Recurring financial charges65 | €4,862 | €5,421 | €6,029 | €19,665 | €43,581 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | -€7,844 | -€3,295 | -€266 | -€9,859 | -€29,517 | ▼ 199% |
| Profit (loss) for the period9904 | -€7,844 | -€3,295 | -€266 | -€9,859 | -€29,517 | ▼ 199% |
| Profit (loss) for the period to be appropriated9905 | -€7,844 | -€3,295 | -€266 | -€9,859 | -€29,517 | ▼ 199% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €247,381 | €244,726 | €230,215 | €948,258 | €888,963 | ▼ 6.3% |
| Formation expenses20 | - | - | - | €1,130 | - | - |
| Fixed assets21/28 | €246,311 | €243,598 | €229,212 | €939,436 | €888,962 | ▼ 5.4% |
| Intangible fixed assets21 | €4,520 | €3,390 | €2,260 | - | - | - |
| Tangible fixed assets22/27 | €241,791 | €240,208 | €226,952 | €939,436 | €888,962 | ▼ 5.4% |
| Land and buildings22 | €241,791 | €240,208 | €226,952 | €939,436 | €888,962 | ▼ 5.4% |
| Current assets29/58 | €1,070 | €1,128 | €1,003 | €7,692 | €1 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €1,070 | €1,128 | €1,003 | €7,692 | €1 | ▼ 100.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €247,381 | €244,726 | €230,215 | €948,258 | €888,963 | ▼ 6.3% |
| Equity10/15 | €52,156 | €48,861 | €48,595 | €38,736 | €9,219 | ▼ 76.2% |
| Contributions10/11 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | -€7,844 | -€11,139 | -€11,405 | -€21,264 | -€50,781 | ▼ 139% |
| Amounts payable17/49 | €195,225 | €195,865 | €181,620 | €909,522 | €879,744 | ▼ 3.3% |
| Amounts payable after more than one year17 | €166,329 | €171,710 | €157,683 | €861,842 | €819,079 | ▼ 5.0% |
| Financial debts170/4 | €131,677 | €122,875 | €113,857 | €584,247 | €564,099 | ▼ 3.4% |
| Other amounts payable178/9 | €34,652 | €48,835 | €43,826 | €277,595 | €254,980 | ▼ 8.1% |
| Amounts payable within one year42/48 | €28,896 | €24,155 | €21,296 | €39,161 | €35,125 | ▼ 10.3% |
| Current portion of amounts payable after more than one year42 | €8,582 | €8,802 | €9,018 | €33,966 | €30,055 | ▼ 11.5% |
| Trade debts44 | €19,379 | €14,660 | €11,212 | €2,237 | €2,421 | ▲ 8.2% |
| Suppliers440/4 | €19,379 | €14,660 | €11,212 | €2,237 | €2,421 | ▲ 8.2% |
| Advances received on contracts in progress46 | - | - | - | €2,958 | €2,649 | ▼ 10.4% |
| Taxes, remuneration and social security45 | €935 | €693 | €1,066 | - | - | - |
| Taxes450/3 | €935 | €693 | €1,066 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €2,641 | €8,519 | €25,540 | ▲ 200% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,844 | -€3,295 | -€266 | -€9,859 | -€29,517 | ▼ 199% |
| + Depreciation and write-downs630 | €7,695 | €13,601 | €14,386 | €32,995 | €51,604 | ▲ 56.4% |
| Operating cash flow (approximation) | -€149 | €10,306 | €14,120 | €23,136 | €22,087 | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | -€10,888 | €0 | -€743,219 | -€1,130 | ▲ 99.8% |
| Change in cash | - | €58 | -€125 | €6,689 | -€7,691 | ▼ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€29,517
Net result drops to -€29,517, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grâce-Hollogne · 1 establishment unit since 2020
Ground area
116 m²
Building footprint
63 m²
Volume, LiDAR
622 m³
Parcel 62054B0520/00T000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Rue de l'Hôtel Communal 57, 4460 Grâce-Hollogne
since 20202.309.592.170
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62054B0520/00T000 | Wallonia | 116 m² | 1 · 63 m² | 11.5 m · 3 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.
Similar companies · same sector, comparable size
CleMaSo
BE 0436.349.946
Herent · Eq €9,213
CET Invest
BE 1002.341.580
Chaumont-Gistoux · Eq €9,159
Mario Jonck
BE 1002.915.563
Dilsen-Stokkem · Eq €9,291
Alberts Invest
BE 0770.520.587
De Panne · Eq €9,138
CABANES URBAINES
BE 0786.440.069
Nandrin · Eq €9,131
Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 1,825 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754964460
Also
9925:BE0754964460
Registered
22-09-2026
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.