B.Immo
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 70 days after the deadline Filed on 9 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00553463.
Annual accounts 2025 filed on 09-10-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €4,228, against €42,059 in 2023. Comparable figures for the intervening years are unavailable.
Staff
| Item | 31-12-2022 |
|---|---|
| Employees at the balance-sheet date | 1 |
| part-time | 1 |
| in full-time equivalents | 0.5 |
| Average over the year, in full-time equivalents | 0.4 |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €100,920 | €20,733 | €12,643 | - |
| Depreciation and write-downs of the year | €2,132 | €3,276 | €3,833 | €3,833 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €7,085 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €9,459 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €12,586 | €11,650 | €2,912 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,132 | €3,276 | €3,833 | €3,833 | - |
| Other operating charges640/8 | €494 | €857 | €600 | €2,420 | - |
| Gross operating margin9900 | -€2,394 | €12,274 | €58,143 | €4,938 | - |
| Operating profit (loss)9901 | -€5,021 | -€4,445 | €42,059 | -€4,228 | - |
| Financial income75/76B | €3 | €0 | - | €0 | - |
| Recurring financial income75 | €3 | €0 | - | €0 | - |
| Financial charges65/66B | €517 | €1,822 | €2,753 | €2,222 | - |
| Recurring financial charges65 | €517 | €1,822 | €2,753 | €2,222 | - |
| Profit (loss) for the period before taxes9903 | -€5,535 | -€6,267 | €39,307 | -€6,450 | - |
| Income taxes67/77 | - | - | €9,239 | - | - |
| Profit (loss) for the period9904 | -€5,535 | -€6,267 | €30,068 | -€6,450 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,535 | -€6,267 | €30,068 | -€6,450 | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €117,837 | €131,064 | €232,889 | €131,185 | - |
| Fixed assets21/28 | €98,788 | €116,244 | €125,054 | €117,387 | - |
| Tangible fixed assets22/27 | €98,788 | €116,244 | €125,054 | €117,387 | - |
| Land and buildings22 | €98,788 | €116,244 | €125,054 | €117,387 | - |
| Current assets29/58 | €19,049 | €14,820 | €107,835 | €13,798 | - |
| Amounts receivable within one year40/41 | €2,514 | €1,264 | €100,424 | €10,793 | - |
| Trade receivables40 | €194 | €319 | €9,268 | €9,610 | - |
| Other amounts receivable41 | €2,320 | €945 | €91,155 | €1,183 | - |
| Cash at bank and in hand54/58 | €10,414 | €5,638 | €2,079 | €3,005 | - |
| Deferred charges and accrued income490/1 | €6,121 | €7,918 | €5,332 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €117,837 | €131,064 | €232,889 | €131,185 | - |
| Equity10/15 | €44,465 | €38,198 | €68,266 | €65,681 | - |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | - |
| Profit (loss) carried forward14 | -€5,535 | -€11,802 | €18,266 | €15,681 | - |
| Amounts payable17/49 | €73,372 | €92,866 | €164,623 | €65,505 | - |
| Amounts payable after more than one year17 | €63,843 | €74,407 | €71,819 | €36,498 | - |
| Financial debts170/4 | €49,558 | €64,571 | €71,538 | €36,217 | - |
| Other amounts payable178/9 | €14,285 | €9,836 | €281 | €281 | - |
| Amounts payable within one year42/48 | €9,529 | €18,459 | €43,589 | €27,941 | - |
| Current portion of amounts payable after more than one year42 | €5,610 | €11,110 | €11,873 | €4,851 | - |
| Trade debts44 | €2,353 | €5,873 | €8,617 | €5,377 | - |
| Suppliers440/4 | €2,353 | €5,873 | €8,617 | €5,377 | - |
| Taxes, remuneration and social security45 | - | €1,476 | €23,100 | €9,827 | - |
| Taxes450/3 | - | - | €20,968 | €9,061 | - |
| Remuneration and social security454/9 | - | €1,476 | €2,132 | €766 | - |
| Other amounts payable47/48 | €1,566 | - | - | €7,887 | - |
| Accrued charges and deferred income492/3 | - | - | €49,214 | €1,065 | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,535 | -€6,267 | €30,068 | -€6,450 | - |
| + Depreciation and write-downs630 | €2,132 | €3,276 | €3,833 | €3,833 | - |
| Operating cash flow (approximation) | -€3,403 | -€2,991 | €33,901 | -€2,616 | - |
| Investment in fixed assets (approximation) | - | -€20,733 | -€12,643 | - | - |
| Change in cash | - | -€4,776 | -€3,558 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,440 companies had the same profile as B.Immo has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B.Immo itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,440 companies, not a prediction for B.Immo. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-10-2026 | 2026-00553463 | |
| 31-12-2024 | micro format | 01-09-2026 | 2026-00498775 | |
| 31-12-2023 | micro format | 01-09-2026 | 2026-00496614 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00254520 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20228886 |