Result
-€1,748 -€1,748
From profit to loss in 2025, after a profit of €165,601 in 2024.
BELIMMO CONCEPT
Lifetime
8 annual accounts with figures on one time axispeak €228,369 (2024)
€3,433▼ 98.5%
lowest -€48,999 (2018)
-€1,748▼ €167,349
peak €215,108 (2024)
€213,360▼ 0.8%
€141,642▼ 69.5%
Board4 names since 2017
3 directorsINSALACO Vincenzo and 2 others
Documentsfilings and deeds
17-09-202648 days late
2025micro format
Gross margin from €228,369 to €3,433Loss of €1,748Debts from €464,009 to €141,642Cash from €365,162 to €8,246
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 49% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 48 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.91, cash €8,246, halved
Loss of €1,748 (financial year 2025)
lowers risk
Sector: Real estate activities (NACE 68)
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 (NACE 68, micro). It does better than 71% of them on solvency, 27% on liquidity, 55% on profitability and 42% 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, 3,440 companies had the same profile as BELIMMO CONCEPT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BELIMMO CONCEPT itself: 0.9% 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 3,440 companies, not a prediction for BELIMMO CONCEPT. 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
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91 (1.27 in 2024), above the usual 1.5. Short-term debt is 39.8% and cash 2.3% of total assets. 39.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 8 filingsDeviation from the deadline
2025
48 days late
2024
25 days late
2023
56 days late
2022
28 days late
2021
117 days late
2020
27 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 52 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed 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. The company usually files around 17 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683538313
1 director appointed, 2 reappointments
Reappointments: Vincenzo INSALACO (director) and JeanPhilippe GILLE (director) · Appointment: Caroline INSALACO · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-12-2023 · Gazette deed
Incorporation
Founders: INSALACO Vincenzo, GILLE Jean-Philippe Frederik Rose and INSALACO Caroline Giovanna Vinzenza · Founding capital of €18,600, 186 shares · Appointments: Jean-Philippe GILLE (manager) and INSALACO Vincenzo (manager) · published on 23-10-2017 · Gazette deed
First establishment
Rue de la Station 47, Clavier
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELIMMO CONCEPT Clavier | €355,002 | €3,433 | 60.1% | - |
| BEFREE Brecht | €411,749 | €4,033 | -5.6% | - |
| INVEST IMMO BE Léglise | €461,046 | €3,084 | 6.7% | - |
| CHABOTT Meise | €326,203 | €5,504 | 9.2% | - |
| LTS MANAGEMENT Sint-Martens-Latem | €336,754 | €2,485 | 76.4% | - |
| JANCASCO Ranst | €319,009 | €5,527 | 84.2% | - |
| AG Concepts Brussels | €343,672 | €4,388 | -19.6% | - |
These companies have the same main activity as BELIMMO CONCEPT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €319,000 and €461,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 19-10-2017Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.270.632.0224560 Clavier, since 19-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on BELIMMO CONCEPT
BELIMMO CONCEPT files the micro format. That format states no turnover. The gross margin rose from -€24,884 in 2018 to €3,433 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 BELIMMO CONCEPT
- What is the company number of BELIMMO CONCEPT?
- The company number of BELIMMO CONCEPT is 0683.538.313. The VAT number is the same number with BE in front: BE 0683.538.313.
- Where is BELIMMO CONCEPT based?
- The registered office is at Rue de la Station 47, 4560 Clavier.Company details
- What does BELIMMO CONCEPT do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of BELIMMO CONCEPT?
- BELIMMO CONCEPT is a private limited company (BV).
- When was BELIMMO CONCEPT founded?
- BELIMMO CONCEPT was founded on 19-10-2017.
- Is BELIMMO CONCEPT still active?
- Yes, BELIMMO CONCEPT is an active enterprise in the KBO register.
- What is the turnover of BELIMMO CONCEPT?
- The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €3,433 and 30 comparable companies (NACE 68110). It probably lies between €7,100 and €33,000. It is a rough estimate.Financials
- Is BELIMMO CONCEPT profitable?
- In financial year 2025, BELIMMO CONCEPT made a loss of €1,748.
- Where can I find the annual accounts of BELIMMO CONCEPT?
- BELIMMO CONCEPT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELIMMO CONCEPT due?
- BELIMMO CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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