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BEL'IMMO

Active Private limited companyfounded 2017active for 9 yearsRue Victor-Croisier 19, 4000 LiègeKBO/BCE: BE 0674.707.353

Lifetime

9 annual accounts with figures on one time axis
peak €78,853 (2021)
€860▲ €6,868
lowest -€29,227 (2024)
-€18,777▲ €10,450
peak €80,453 (2023)
€32,449▼ 36.7%
€392,873▼ 6.4%
Board6 names since 2017
3 directors and 2 others
Documentsfilings and deeds
18-07-202613 days before the deadline
2025micro format
Gross margin from -€6,008 to €860Loss of €18,777Equity from €51,226 to €32,449Cash from €22,312 to €30,110

Key points

from the 2025 annual accounts

Overdue debts

€6,624 on 31-12-2025

The annual accounts state €6,624 of overdue tax debts on 31-12-2025.

Equity

€32,449 from €80,453 in 2023

Equity fell by 60% in 2 years.

Losses

-€48,004 in two years
-29,2272024-18,7772025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€392,873 92% of the balance sheet
Financial debts 80%Suppliers 2%Taxes and wages 2%Other 16%

Of this, €392,312 falls due within a year.

Filings

9 annual accounts 3 late
AprilJune31 JulyOctober20202025

The 2024 accounts came latest: 28 days after the end of the period.

Position in the sector

-€18,777

Lower net result than 82% of companies in real estate. Sector median €5,854 · 19,790 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 849 companies had the same profile as BEL'IMMO has now. Each dot stands for 3 companies, two years later.

91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 849 companies, not a prediction for BEL'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.

Credit verdict

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Signals

Board and ownership

Director, since 31-01-2019
Director, since 24-02-2021
Director, since 24-02-2021
  • deed of 07-05-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0674707353
Changes of role: (director) and (director) General meeting of 29-12-2023 · Gazette deed
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 24-02-2021 · Gazette deed
New manager appointed, resigned · Transfer of shares from to · Director discharge: (manager) · General meeting of 15-04-2019 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
BEL'IMMO Liège €425,322 €860 7.6% -
COLIMMO Oupeye €432,003 -€27,690 22.3% -
LES RECOLLECTINES Herve €418,665 -€4,173 97.0% -
MV Promotion immobilière Visé €451,064 -€19,014 99.4% -
INN INVEST Ans €333,404 -€23,826 -7.2% -
IP-INVEST Zottegem €417,493 -€29,273 3.7% -
SEB Development Brussels €416,523 -€69,706 73.6% -

These companies have the same main activity as BEL'IMMO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €333,000 and €451,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 21-04-2017Normal situation
Activity
Development of residential building projectsNACE 68121and 5 others
Establishment unit
2.263.781.4464000 Liège, since 04-05-2017
Financial year end
31 December
Peppol
Reachable since 12-11-2025
Company details

Annual accounts 2025

≈ €3,600estimated
€425,322▼ 9.7%
Filing
Filed on 18-07-2026, 13 days before the end of the filing period
Financials

Insights on BEL'IMMO

BEL'IMMO files the micro format. That format states no turnover. The gross margin rose from -€4,505 in 2017 to €860 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BEL'IMMO

What is the company number of BEL'IMMO?
The company number of BEL'IMMO is 0674.707.353. The VAT number is the same number with BE in front: BE 0674.707.353.
Where is BEL'IMMO based?
The registered office is at Rue Victor-Croisier 19, 4000 Liège.Company details
What does BEL'IMMO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of BEL'IMMO?
BEL'IMMO is a private limited company (BV).
When was BEL'IMMO founded?
BEL'IMMO was founded on 21-04-2017.
Is BEL'IMMO still active?
Yes, BEL'IMMO is an active enterprise in the KBO register.
What is the turnover of BEL'IMMO?
The turnover in financial year 2025 is ≈ €3,600. This figure is estimated from the gross margin of €860 and 48 comparable companies (NACE 68121). It probably lies between €1,800 and €11,000. It is a rough estimate.Financials
Is BEL'IMMO profitable?
In financial year 2025, BEL'IMMO made a loss of €18,777.
Where can I find the annual accounts of BEL'IMMO?
BEL'IMMO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BEL'IMMO due?
BEL'IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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