Abeelimmo
ActiveSummary
Abeelimmo has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €973,787 and a net result of €101,163. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 52% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency59=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 4.16 against 0.68 in 2024; short-term debt: 10.9% and cash: 1.1% of total assets), but 66.5% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 →
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
33.5%
Return on assets
3.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
41 d early
2022
39 d early
2021
43 d early
2020
10 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 oldest company in Izegem, Real estate sector
Equity
€973,787▲ 0.1%
2024 · €972,624
Total assets
€2.9m▲ 0.6%
2024 · €2.9m
Net result
€101,163▼ 32.7%
2024 · €150,321
Working capital
€1.0m
2024 · -€611,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€299,628▼ 29.5%€239,783▼ 20.0%€225,782▼ 5.8%€169,549▼ 24.9%€100,855▼ 40.5%
Net result€293,335above the sector's middle half▼ 29.8%€234,695above the sector's middle half▼ 20.0%€213,819above the sector's middle half▼ 8.9%€150,321above the sector's middle half▼ 29.7%€101,163above the sector's middle half▼ 32.7%
Equity€972,089within the sector's middle half=€972,284within the sector's middle half=€972,303within the sector's middle half=€972,624within the sector's middle half=€973,787within the sector's middle half▲ 0.1%
Total assets€2.3mwithin the sector's middle half▼ 14.6%€2.6mwithin the sector's middle half▲ 15.3%€2.6mwithin the sector's middle half▼ 2.7%€2.9mwithin the sector's middle half▲ 12.4%€2.9mwithin the sector's middle half▲ 0.6%
Debt€1.3m▼ 22.9%€1.7m▲ 26.6%€1.6m▼ 4.3%€1.9m▲ 19.9%€1.9m▲ 0.9%
Working capital-€244,307below the sector's middle half▼ 79.7%-€409,049below the sector's middle half▼ 67.4%-€563,109below the sector's middle half▼ 37.7%-€611,187below the sector's middle half▼ 8.5%€1.0mabove the sector's middle half
Solvency42.4%within the sector's middle half▲ 6.2pp36.8%within the sector's middle half▼ 5.6pp37.8%within the sector's middle half▲ 1.0pp33.7%within the sector's middle half▼ 4.2pp33.5%within the sector's middle half▼ 0.2pp
Current ratio0.60within the sector's middle half▼ 0.210.69within the sector's middle half▲ 0.090.64within the sector's middle half▼ 0.050.68within the sector's middle half▲ 0.044.16above the sector's middle half▲ 3.48
Return on assets (ROA)12.8%above the sector's middle half▼ 2.8pp8.9%above the sector's middle half▼ 3.9pp8.3%above the sector's middle half▼ 0.6pp5.2%above the sector's middle half▼ 3.1pp3.5%within the sector's middle half▼ 1.7pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€1.6m ▼ 0.1%
Current assets
€1.3m ▲ 1.5%
Equity and liabilities €2.9m
Equity
€973,787 ▲ 0.1%
Debt
€1.9m ▲ 0.9%
Debt's share of the balance-sheet total rises from 66.3% to 66.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€102,112▼
2024 · €170,870
Cash flow
€102,420▼
2024 · €151,642
Quick ratio
0.12▲
2024 · 0.01
Debt to equity
1.98▲
2024 · 1.97
ROE
10.4%▼
2024 · 15.5%
Interest coverage
129.14▲
2024 · 8.57
Debt ≤ 1 year
€317,962▼
2024 · €1.9m
Debt > 1 year
€1.6m▲
2024 · €0
Income taxes
€436▲
2024 · €117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
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 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 | €1,599 | €1,470 | €1,392 | €1,321 | €1,257 | ▼ 4.8% |
| Other operating charges640/8 | - | €70,437 | €83,208 | €89,308 | €89,613 | ▲ 0.3% |
| Gross operating margin9900 | €369,155 | €311,689 | €310,381 | €260,178 | €191,725 | ▼ 26.3% |
| Operating profit (loss)9901 | €299,628 | €239,783 | €225,782 | €169,549 | €100,855 | ▼ 40.5% |
| Financial income75/76B | - | €5,984 | €3,436 | €826 | €1,535 | ▲ 85.8% |
| Recurring financial income75 | €8,539 | €5,984 | €3,436 | €826 | €1,535 | ▲ 85.8% |
| Financial charges65/66B | - | €11,001 | €15,393 | €19,937 | €791 | ▼ 96.0% |
| Recurring financial charges65 | €14,710 | €11,001 | €15,393 | €19,937 | €791 | ▼ 96.0% |
| Profit (loss) for the period before taxes9903 | €293,457 | €234,766 | €213,825 | €150,438 | €101,599 | ▼ 32.5% |
| Income taxes67/77 | €122 | €71 | €7 | €117 | €436 | ▲ 273% |
| Profit (loss) for the period9904 | €293,335 | €234,695 | €213,819 | €150,321 | €101,163 | ▼ 32.7% |
| Profit (loss) for the period to be appropriated9905 | €293,335 | €234,695 | €213,819 | €150,321 | €101,163 | ▼ 32.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.6m | €2.6m | €2.9m | €2.9m | ▲ 0.6% |
| Fixed assets21/28 | €1.9m | €1.7m | €1.6m | €1.6m | €1.6m | ▼ 0.1% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.1% |
| Land and buildings22 | - | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.1% |
| Financial fixed assets28 | €396,135 | €205,439 | €56,321 | €56,321 | €56,321 | = |
| Current assets29/58 | €362,281 | €905,606 | €983,756 | €1.3m | €1.3m | ▲ 1.5% |
| Stocks and contracts in progress3 | - | €520,049 | €798,879 | €1.3m | €1.3m | = |
| Stocks30/36 | - | €520,049 | €798,879 | €1.3m | €1.3m | = |
| Amounts receivable within one year40/41 | €328,130 | €354,589 | €177,535 | €2,670 | €3,005 | ▲ 12.5% |
| Trade receivables40 | - | €23,367 | €0 | - | - | - |
| Other amounts receivable41 | - | €331,222 | €177,535 | €2,670 | €3,005 | ▲ 12.5% |
| Cash at bank and in hand54/58 | €3,902 | €719 | €5,349 | €14,745 | €32,184 | ▲ 118% |
| Deferred charges and accrued income490/1 | - | €30,250 | €1,993 | €218 | €2,173 | ▲ 895% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.6m | €2.6m | €2.9m | €2.9m | ▲ 0.6% |
| Equity10/15 | €972,089 | €972,284 | €972,303 | €972,624 | €973,787 | ▲ 0.1% |
| Contributions10/11 | €380,000 | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Capital10 | - | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Issued capital100 | - | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Reserves13 | €592,089 | €592,284 | €592,303 | €592,624 | €593,787 | ▲ 0.2% |
| Non-distributable reserves130/1 | - | €38,000 | €38,000 | €38,000 | €38,000 | = |
| Legal reserve130 | - | €38,000 | €38,000 | €38,000 | €38,000 | = |
| Distributable reserves133 | - | €554,284 | €554,303 | €554,624 | €555,787 | ▲ 0.2% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.3m | €1.7m | €1.6m | €1.9m | €1.9m | ▲ 0.9% |
| Amounts payable after more than one year17 | €658,056 | €352,995 | €49,258 | €0 | €1.6m | - |
| Financial debts170/4 | - | €352,995 | €49,258 | €0 | - | - |
| Other amounts payable178/9 | - | - | - | - | €1.6m | - |
| Amounts payable within one year42/48 | €606,589 | €1.3m | €1.5m | €1.9m | €317,962 | ▼ 83.4% |
| Current portion of amounts payable after more than one year42 | - | €305,061 | €303,736 | €49,258 | €0 | ▼ 100% |
| Financial debts43 | - | €219,000 | €219,000 | €0 | - | - |
| Credit institutions430/8 | - | €219,000 | €219,000 | €0 | - | - |
| Trade debts44 | €11,017 | €171,439 | €126,019 | €249,226 | €216,375 | ▼ 13.2% |
| Suppliers440/4 | - | €171,439 | €126,019 | €249,226 | €216,375 | ▼ 13.2% |
| Taxes, remuneration and social security45 | - | €71 | €370 | €117 | €436 | ▲ 273% |
| Taxes450/3 | - | €71 | €370 | €117 | €436 | ▲ 273% |
| Other amounts payable47/48 | - | €619,085 | €897,739 | €1.6m | €101,152 | ▼ 93.7% |
| Accrued charges and deferred income492/3 | - | €1,331 | €480 | €19 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €293,335 | €234,695 | €213,819 | €150,321 | €101,163 | ▼ 32.7% |
| + Depreciation and write-downs630 | €1,599 | €1,470 | €1,392 | €1,321 | €1,257 | ▼ 4.8% |
| Operating cash flow (approximation) | €294,934 | €236,165 | €215,210 | €151,642 | €102,420 | ▼ 32.5% |
| Investment in fixed assets (approximation) | - | €190,696 | €149,118 | €0 | €0 | - |
| Change in cash | - | -€3,183 | €4,630 | €9,396 | €17,440 | ▲ 85.6% |
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
07-08
State Gazette act
Reappointments: BV Cottonwood, BV Sinvestments and 2 othersPermanent representatives: Ilse Sintobin, Pieter Sintobin and 2 others14 facts ▸
State Gazette act
Reappointments: BV Cottonwood, BV Sinvestments and 2 others
Permanent representatives: Ilse Sintobin, Pieter Sintobin and 2 others14 facts ▸
- Board meeting, 19-03-2026
- Director reappointment, BV Cottonwood (managing director)
- Director reappointment, BV Sinvestments (managing director)
- Permanent representative, Ilse Sintobin (permanent representative)
- Permanent representative, Pieter Sintobin (permanent representative)
- General meeting, 19-03-2026
- Director reappointment, Comm.V Sedes (director)
- Director reappointment, NV Twinvest (director)
- Director reappointment, BV Cottonwood (director)
- Director reappointment, BV Sinvestments (director)
- Permanent representative, Frederik Verfaillie (permanent representative)
- Permanent representative, Johan Sintobin (permanent representative)
- +2 further facts in this act
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €101,163 ▼32.7%
Net result drops to €101,163, the lowest in the series.
30-09
Financial
Liquidity times 6current ratio 4.16
Current ratio from 0.68 to 4.16; short-term debt falls from €1.9m to €317,962.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have 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
under verification, last change in 2026
This board is reconstructed from a single act (26101649). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 4
TWINVEST
CurrentManaging director and chair of the board · since 19-03-2026 · Public limited company · perm. rep.: Johan Sintobin
BV Cottonwood
CurrentDirector · Legal entity · perm. rep.: Ilse Sintobin
Comm. V Sedes
CurrentDirector · Legal entity · perm. rep.: Frederik Verfaillie
Sinvestments BV
CurrentDirector · Legal entity · perm. rep.: Pieter Sintobin
Day-to-day management 3
TWINVEST
CurrentManaging director and chair of the board · since 19-03-2026 · Public limited company · perm. rep.: Johan Sintobin
BV Cottonwood
CurrentManaging director · Legal entity · perm. rep.: Ilse Sintobin
Sinvestments BV
CurrentManaging director · Legal entity · perm. rep.: Pieter Sintobin
Permanent representatives 4
Johan Sintobin
CurrentPermanent representative · since 19-03-2026 · for TWINVEST
Frederik Verfaillie
CurrentPermanent representative · for Comm. V Sedes
Ilse Sintobin
CurrentPermanent representative · for BV Cottonwood
Pieter Sintobin
CurrentPermanent representative · for Sinvestments BV
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 1990
Ground area
1.6 ha
Building footprint
1.3 ha
Volume, LiDAR
66,993 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ABEELIMMO NV
since 19902.018.201.893
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0706/00E000 | Flanders | 1.6 ha | 1 · 1.3 ha | 12.5 m · 2 fl. |
| 36502B0555/00N002 | Flanders | 99 m² | 1 · 83 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
4 people since 2026, 4 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| TWINVEST |
|
| BV Cottonwood |
|
| Comm. V Sedes |
|
| Sinvestments BV |
|
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- TWINVEST
- Abeelimmo
Highest known parent: TWINVEST. The sources do not say who stands above it.
Owners 1
-
99.97%
Holdings 1
-
10%
According to the annual accounts to 30-09-2025 of Abeelimmo and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
4 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Similar companies · same sector, comparable size
FIEMAG
BE 0433.032.942
Antwerpen · Eq €973,791
LIEVENS
BE 0422.232.189
Londerzeel · Eq €973,687
Shopping Turnova
BE 0479.259.776
Turnhout · Eq €974,044
G.P.R.L. IMMO
BE 0788.243.378
Hannut · Eq €974,069
GUNIMO
BE 0427.878.282
Dilsen-Stokkem · Eq €973,340
Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 4,152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-11-1980
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421151531
Also
9925:BE0421151531
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.