A5 IMMO
ActiveA5 IMMO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €57k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-11
Solvency45▼-21
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.97 in 2024; short-term debt: 21.7% and cash: 1% of total assets), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.8%
Return on assets
5.6%
Age of the figures
9 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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
15 d early
2024
56 d early
2023
36 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57k▼ 33.0%
2024 · €85k
2023: €119k
2024: €85k
2023 → 2025
Working capital
€-196k▼ 3,795%
2024 · €-5k
2023: €147k
2024: €-5k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€260k-€245k▼ 5.7%€202k▼ 17.5%
Operating result€152k-€104k▼ 31.8%€88k▼ 15.5%
Net result€119k-€85k▼ 28.5%€57k▼ 33.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€996k▲ 122%
Current assets
€26k▼ 82.0%
Equity and liabilities €1.02M
Equity
€202k▼ 17.5%
Debt
€820k▲ 134%
The debt ratio rises from 58.8% to 80.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€135k▲
2024 · €119k
Cash flow
€104k▲
2024 · €101k
Solvency
19.8%▼
2024 · 41.2%
Current ratio
0.12▼
2024 · 0.97
Quick ratio
0.12▼
2024 · 0.97
Debt / equity
4.06▲
2024 · 1.43
ROE
28.2%▼
2024 · 34.8%
ROA
5.6%▼
2024 · 14.3%
Interest coverage
11.51▼
2024 · 78.85
Debt
€820k▲
2024 · €350k
Debt ≤ 1 year
€222k▲
2024 · €150k
Debt > 1 year
€598k▲
2024 · €199k
Income taxes
€19k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€595k€1.02M▲
Fixed assets21/28€449k€996k▲
Tangible fixed assets22/27€449k€996k▲
Land and buildings22€449k€996k▲
Current assets29/58€145k€26k▼
Amounts receivable within one year40/41€102k€4k▼
Trade receivables40€40k-
Other amounts receivable41€62k€4k▼
Cash at bank and in hand54/58€43k€10k▼
Deferred charges and accrued income490/1€868€12k▲
Equity and liabilities
Total equity and liabilities10/49€595k€1.02M▲
Equity10/15€245k€202k▼
Contributions10/11€86k€86k=
Reserves13€36k€36k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€122k€79k▼
Amounts payable17/49€350k€820k▲
Amounts payable after more than one year17€199k€598k▲
Financial debts170/4€199k€546k▲
Other amounts payable178/9-€52k
Amounts payable within one year42/48€150k€222k▲
Current portion of amounts payable after more than one year42€47k€68k▲
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Other amounts payable47/48€100k€141k▲
Accrued charges and deferred income492/3-€177
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€47k▲
Other operating charges640/8€16k€17k▲
Gross operating margin9900€136k€152k▲
Operating profit (loss)9901€104k€88k▼
Financial charges65/66B€2k€12k▲
Recurring financial charges65€2k€12k▲
Profit (loss) for the period before taxes9903€102k€76k▼
Income taxes67/77€17k€19k▲
Profit (loss) for the period9904€85k€57k▼
Profit (loss) for the period to be appropriated9905€85k€57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€222k€179k▼
Profit (loss) brought forward from the previous period14P€137k€122k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €57k ▼33%
Net result drops to €57k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Andenne · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Rouvroy 2975300 AndenneGround area
5,763 m²
Building footprint
249 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
A5 IMMO
since 20222.339.416.108
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92018A0041/00Z013 | Wallonia | 4,996 m² | 1 · 174 m² | - |
| 92018A0041/00P013 | Wallonia | 767 m² | 1 · 75 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
LoSyTech Engineering
BE 0874.926.142
Roeselare · Eq €202k
LBJM Développements
BE 0533.750.418
Comines-Warneton · Eq €202k
PHILIM
BE 0446.030.744
Herve · Eq €202k
ORK
BE 0441.620.511
Koekelberg · Eq €202k
GREGAMON
BE 0444.922.766
Lievegem · Eq €202k
Of 9,134 companies in sector 68201 we hold annual accounts for 6,763. 4,794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2022
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:philippe.andre@btg.be
Phone:+32474527988