Equity
-€61,229
Debts exceed assets in financial year 2025.
AMITIMMO
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€6,200 (2025)
-€6,200▲ €3,417
lowest -€38,996 (2025)
-€38,996▼ €13,762
peak -€22,234 (2024)
-€61,229▼ €38,996
€1.1m▲ 193%
Board1 name since 2024
1 directorVN CONSTRUCT
Owners
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from -€9,617 to -€6,200Loss of €38,996Equity from -€22,234 to -€61,229Debts from €383,865 to €1.1mCash from €27,058 to €4,189
Key points
from the 2025 annual accountsLosses
-€64,229 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€1.1m 106% of the balance sheet
Financial debts 99%Suppliers 0%
Of this, €5,615 falls due within a year.
2025 accounts filed 31 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 19% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 2.5%
05-2025: 2.6%▲ +0.1 percentage points vs 04-2025
06-2025: 2.6%● unchanged vs 05-2025
07-2025: 3.2%▲ +0.6 percentage points vs 06-2025
08-2025: 3.2%● unchanged vs 07-2025
09-2025: 3.5%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 0.8%▼ -2.7 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 137.63, cash €4,189, halved
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €1.1m
No main activity registered
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 (no NACE code, micro). It does better than 13% of them on solvency, 41% on liquidity, 20% on profitability and 2% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 1,251 companies had the same profile as AMITIMMO has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AMITIMMO itself: 0.8% 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 1,251 companies, not a prediction for AMITIMMO. 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
No credit on open account
Short-term debt is 0.5% and cash 0.4% of total assets. Equity is negative.
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
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€61,229
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 days late
2024
40 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 2 accounts on average 36 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EPSILON PROJECT 50%score 58equity €153,827 (2024) · 2024 annual accounts of EPSILON PROJECT
Recent changes
Incorporation
Founders: EPSILON PROJECT and VN CONSTRUCT · 30 shares · Appointment: VN CONSTRUCT (director) · published on 19-03-2024 · Gazette deed
First establishment
Tervurenlaan 197, Woluwe-Saint-Pierre
Official details
Source: KBO- Status
- Active since 15-03-2024Normal situation
- Registered office
- 25 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- “La promotion immobilière résidentielle” (deed in French)From the articles, 19 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.357.803.3481150 Woluwe-Saint-Pierre, since 15-03-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- -€6,200▲ 35.5%
- €38,996▲ 54.5%
- -€61,229▼ 175%
- €1.1m▲ 194%
- Filing
- Filed on 31-08-2026
Insights on AMITIMMO
AMITIMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€61,229) and a net result of -€38,996.
The computed 12-month bankruptcy probability is 0.8% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 31-08-2026, 31 days late-€6,200
▲ €3,417
-€6,587
▲ €3,648
-€38,996
▼ €13,762
€767,115
▲ 11×
-5.8%
▲ 0.4 percentage points
-
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €1.1m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
1.1m | 361,631 | |
21/28 |
291,442 | 291,442 | |
22/27 |
291,442 | 291,442 | |
22 |
291,442 | 291,442 | |
29/58 |
772,729 | 70,189 | |
40/41 |
768,541 | 43,131 | |
41 |
768,541 | 43,131 | |
54/58 |
4,189 | 27,058 | |
| Balance sheet: equity and liabilities | |||
10/49 |
1.1m | 361,631 | |
10/15 |
-61,229 | -22,234 | |
10/11 |
3,000 | 3,000 | |
14 |
-64,229 | -25,234 | |
17/49 |
1.1m | 383,865 | |
17 |
1.1m | 380,000 | |
170/4 |
1.1m | 380,000 | |
42/48 |
5,615 | 2,807 | |
44 |
5,615 | 2,807 | |
440/4 |
5,615 | 2,807 | |
492/3 |
2,847 | 1,058 | |
| Income statement | |||
9900 |
-6,200 | -9,617 | |
640/8 |
387 | 618 | |
9901 |
-6,587 | -10,235 | |
65/66B |
32,408 | 14,998 | |
65 |
32,408 | 14,998 | |
9903 |
-38,996 | -25,234 | |
9904 |
-38,996 | -25,234 | |
9905 |
-38,996 | -25,234 | |
| Appropriation of the result | |||
9906 |
-64,229 | -25,234 | |
14P |
-25,234 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00490741.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| - | 291,442 | ||
| -22,869 | - | ||
| 767,115 | 67,382 | ||
| -5.8% | -6.1% | ||
| - | 25.00 | ||
| -3.7% | -7.0% |
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity -€61,229).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €291,442 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on AMITIMMO
The operating result for 2025 is a loss of €6,587, smaller than the loss of €10,235 in 2024.
Equity is negative. Debt (€1.1m) exceeds the balance-sheet total (€1.1m).
Board & ownership
Board
1 director, since incorporationVN CONSTRUCT BVBA
Director (not named in the articles), permanent representative STETCO Nicoara
appointed by deed of 19-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit en défendant. Il peut déléguer des…”deed of 19-03-2024
Permanent representatives 1
Mandates through the years
1 name, the dashed line is todayVN CONSTRUCT
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VN CONSTRUCT
- Director (not named in the articles), appointed by deed of 19-03-2024, still in office
Control
Shareholder
Equity €153,827
Profit €65,522 in 2024 (profit €83,305 in 2023)
Checked score 58
Source: accounts EPSILON PROJECT 2024
50%
This company
AMITIMMO
Equity -€61,229
Loss €38,996 in 2025
Capital
- Contribution
- €3,000
- Shares
- 30
- Contribution per share
- €100
- Equity per share
- -€2,041 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 19-03-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Wednesday of June
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 19-03-2024 ↗
- EPSILON PROJECT (BE 0794.273.810) founder
- VN CONSTRUCT (BE 0643.664.977) founder
Capital over time
- 19-03-2024 Incorporation · 30 shares
Network & group
No group
AMITIMMO has no parent and no holdings in its annual accounts. VN CONSTRUCT is the only director.
At the same address
Tervurenlaan 197, 1150 Woluwe-Saint-Pierre · 24 other companies| GOELO REAL-ESTATE BELGIUM
establishment since 13-06-2006 · founded in 2006 · group WIGNAC |
total assets €9.4m (2025) 0881.574.107 |
| OWL ADVISORY BELGIUM
establishment since 03-03-2020 · founded in 2020 |
total assets €1.2m (2025) 0744.654.449 |
| SIGMA PROJECT
registered office since 18-03-2024 · founded in 2024 · negative equity (2025) |
total assets €810,895 (2025) 1007.222.759 |
| MERCURY 42
establishment since 09-12-2019 · founded in 2019 |
total assets €551,972 (2025) 0738.876.021 |
| WE ADVISE YOU BELGIUM
establishment since 11-03-2015 · founded in 2015 |
3.1 FTE (2025) 0600.879.861 |
| FINCHE & COMPANY
establishment since 05-11-2018 · founded in 2018 |
total assets €487,733 (2025) 0712.823.702 |
| NEOSHORE
establishment since 27-08-2019 · founded in 2019 |
total assets €352,580 (2025) 0732.916.855 |
| EPSILON PROJECT
registered office since 01-12-2022 · founded in 2022 · accounts filed late |
total assets €192,156 (2024) 0794.273.810 |
| Vincent THYRION
establishment since 23-02-2018 · founded in 2018 |
total assets €175,266 (2025) 0690.891.210 |
| BY-OCTO
establishment since 13-07-2022 · founded in 2022 · negative equity (2026) · group NEXTGEN INVESTMENT GROUP |
total assets €51,133 (2026) 0788.532.202 |
Connections & network
1 current directorThe network starts from the directors of AMITIMMO. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
5 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 31 days late
2025
Liquidity more than 5 times current ratio 137.63 The current ratio rises from 25.00 to 137.63.
Annual accounts 2024 filed PDFmicro format · 40 days late
2024
IncorporationFounders: EPSILON PROJECT and VN CONSTRUCT · 30 shares · Appointment: VN CONSTRUCT (director) · published on 19-03-20246 points ▸
- Registered office clause, Woluwe-Saint-Pierre (1150–Bruxelles), avenue de Tervuren 197
- Director appointment, VN CONSTRUCT (director (not named in the articles))
- Permanent representative, STETCO Nicoara
- Founder, EPSILON PROJECT
- Founder, VN CONSTRUCT
- 30 shares
- The deed holds 4 more points.
First establishment Tervurenlaan 197, Woluwe-Saint-Pierre
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 15 March 2024, AMITIMMO was incorporated as a private limited company by EPSILON PROJECT and VN CONSTRUCT.12 VN CONSTRUCT is director of the company, appointed by deed of 19-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1007.183.365
- VAT number
- BE 1007.183.365
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Wednesday of Junedeed of 19-03-2024 (in French)
- Peppol
- Not found in the Peppol Directory
- Name
- AMITIMMO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-03-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 19-03-2024 (in French)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La promotion immobilière résidentielle; La promotion immobilière de maisons d'habitation neuves ou de travaux de rénovation; La promotion…”deed of 19-03-2024 (in French)
19 activities
- La promotion immobilière résidentielle
- La promotion immobilière de maisons d'habitation neuves ou de travaux de rénovation
- La promotion immobilière d'immeubles résidentiels
- La promotion immobilière non résidentielle
- La promotion immobilière de bureaux
- La promotion immobilière de : centres commerciaux et industriels, hôtels, zones d'activités et marchés, ports de plaisance, autoroutes, stations de sports d'hiver, etc.
- L'aménagement ou la rénovation de zones urbaines par voie de promotion
- Les activités des marchands de biens immobiliers
- Les activités de transactions sur biens immobiliers tels que : immeubles résidentiels et maisons d'habitation, immeubles non résidentiels, terres et terrains
- La location et l’exploitation de biens immobiliers résidentiels propres ou loués, sauf logements sociaux
- L'exploitation de biens immobiliers en multipropriété
- La promotion immobilière à objectif locatif par des sociétés de logements sociaux
- La location et l’exploitation de biens immobiliers non résidentiels propres ou loués, sauf terrains
- Intermédiation en achat, vente et location de biens immobiliers pour compte de tiers
- Agences immobilières et intermédiaires en achat, vente et location de biens immobiliers
- Estimation et évaluation de biens immobiliers pour compte de tiers
- Estimation et évaluation de biens immobiliers
- Administration de biens immobiliers résidentiels pour compte de tiers
- Administration de biens immobiliers non résidentiels pour compte de tiers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Tervurenlaan 197 registered office 1150 Woluwe-Saint-Pierre 68110 Buying and selling of own real estate | 15-03-2024 | 2.357.803.348 |
Buildings and parcels at the address
- Ground area
- 222 m²
- Buildings
- 127 m²
- Volume, LiDAR
- 2,304 m³
- Tallest building
- 25.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21019A0215/00D007 | 222 m² | 1 · 127 m² | 25.7 m · 7 |