BEM IMMO
ActiveSummary
BEM IMMO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €513,452 and a net result of €2,864. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 94% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+56
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 15.14 against 13.03 in 2023; short-term debt: 6% and cash: 0.4% of total assets), and 6% 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+raises risk○neutral
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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94%
Return on assets
0.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
52 d late
2023
121 d late
2022
11 d late
2021
24 d late
2020
33 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 34 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€513,452▲ 0.6%
2023 · €510,588
Total assets
€546,404▼ 0.4%
2023 · €548,650
Net result
€2,864
2023 · -€25,155
Working capital
€465,903▲ 1.8%
2023 · €457,814
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
Line20202021202220232024
Operating result€13,877▼ 37.5%€8,927▼ 35.7%€26,008▲ 191%-€24,863€3,071
Net result€11,901within the sector's middle half▼ 27.5%€5,790within the sector's middle half▼ 51.3%€18,176within the sector's middle half▲ 214%-€25,155below the sector's middle half€2,864within the sector's middle half
Equity€511,777above the sector's middle half▲ 2.4%€517,567above the sector's middle half▲ 1.1%€535,743above the sector's middle half▲ 3.5%€510,588above the sector's middle half▼ 4.7%€513,452above the sector's middle half▲ 0.6%
Total assets€550,430within the sector's middle half▲ 1.2%€564,313within the sector's middle half▲ 2.5%€575,822within the sector's middle half▲ 2.0%€548,650within the sector's middle half▼ 4.7%€546,404within the sector's middle half▼ 0.4%
Debt€38,653▼ 11.9%€46,745▲ 20.9%€40,079▼ 14.3%€38,061▼ 5.0%€32,951▼ 13.4%
Working capital€450,127▲ 3.7%€461,294▲ 2.5%€480,394▲ 4.1%€457,814▼ 4.7%€465,903▲ 1.8%
Solvency93.0%above the sector's middle half▲ 1.0pp91.7%above the sector's middle half▼ 1.3pp93.0%above the sector's middle half▲ 1.3pp93.1%above the sector's middle half=94.0%above the sector's middle half▲ 0.9pp
Staff (FTE)1.5within the sector's middle half▲ 7.1%2▲ 33.3%2=2=2=
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3,071 after a loss of €24,863 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €546,404
Fixed assets
€47,549 ▼ 9.9%
Current assets
€498,854 ▲ 0.6%
Equity and liabilities €546,404
Equity
€513,452 ▲ 0.6%
Debt
€32,951 ▼ 13.4%
Debt's share of the balance-sheet total falls from 6.9% to 6.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,296▲
2023 · -€18,147
Cash flow
€8,089▲
2023 · -€18,440
Current ratio
15.14▲
2023 · 13.03
Debt to equity
0.06▼
2023 · 0.07
ROE
0.6%▲
2023 · -4.9%
ROA
0.5%▲
2023 · -4.6%
Interest coverage
35.84▲
2023 · -58.15
Debt ≤ 1 year
€32,951▼
2023 · €38,061
Staff costs
€79,137▼
2023 · €82,331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 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% | 1.6% |
| 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 74% 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 16,986 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €68,057 | €73,449 | €82,331 | €79,137 | ▼ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,047 | €11,407 | €7,052 | €6,715 | €5,225 | ▼ 22.2% |
| Other operating charges640/8 | - | €1,139 | €1,151 | €1,291 | €2,375 | ▲ 84.0% |
| Gross operating margin9900 | €75,737 | €89,530 | €107,660 | €65,475 | €89,808 | ▲ 37.2% |
| Operating profit (loss)9901 | €13,877 | €8,927 | €26,008 | -€24,863 | €3,071 | ▲ 112% |
| Financial income75/76B | - | - | - | €28 | €24 | ▼ 14.1% |
| Recurring financial income75 | €0 | - | - | €28 | €24 | ▼ 14.1% |
| Financial charges65/66B | - | €593 | €828 | €312 | €231 | ▼ 25.8% |
| Recurring financial charges65 | €779 | €593 | €828 | €312 | €231 | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €13,097 | €8,334 | €25,180 | -€25,147 | €2,864 | ▲ 111% |
| Income taxes67/77 | €1,197 | €2,544 | €7,004 | €8 | - | - |
| Profit (loss) for the period9904 | €11,901 | €5,790 | €18,176 | -€25,155 | €2,864 | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €11,901 | €5,790 | €18,176 | -€25,155 | €2,864 | ▲ 111% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €550,430 | €564,313 | €575,822 | €548,650 | €546,404 | ▼ 0.4% |
| Formation expenses20 | - | €0 | €0 | - | - | - |
| Fixed assets21/28 | €77,949 | €66,542 | €59,490 | €52,774 | €47,549 | ▼ 9.9% |
| Intangible fixed assets21 | €1,037 | €641 | €244 | - | - | - |
| Tangible fixed assets22/27 | €76,912 | €65,901 | €59,246 | €52,774 | €47,549 | ▼ 9.9% |
| Land and buildings22 | - | €43,381 | €41,221 | €39,061 | €36,901 | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €21,902 | €17,808 | €13,714 | €10,649 | ▼ 22.3% |
| Furniture and vehicles24 | - | €618 | €217 | - | - | - |
| Current assets29/58 | €472,481 | €497,771 | €516,333 | €495,875 | €498,854 | ▲ 0.6% |
| Amounts receivable after more than one year29 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Trade receivables290 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Amounts receivable within one year40/41 | €109,825 | €153,387 | €202,801 | €194,678 | €196,095 | ▲ 0.7% |
| Trade receivables40 | - | €11,387 | €31,801 | €23,278 | €24,683 | ▲ 6.0% |
| Other amounts receivable41 | - | €142,000 | €171,000 | €171,400 | €171,412 | = |
| Cash at bank and in hand54/58 | €62,490 | €43,711 | €12,976 | €558 | €2,105 | ▲ 277% |
| Deferred charges and accrued income490/1 | - | €673 | €556 | €639 | €654 | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €550,430 | €564,313 | €575,822 | €548,650 | €546,404 | ▼ 0.4% |
| Equity10/15 | €511,777 | €517,567 | €535,743 | €510,588 | €513,452 | ▲ 0.6% |
| Contributions10/11 | - | €148,000 | €148,000 | €148,000 | €148,000 | = |
| Reserves13 | €319,133 | €319,133 | €319,133 | €319,133 | €319,133 | = |
| Non-distributable reserves130/1 | - | €4,000 | €4,000 | €4,000 | - | - |
| Reserves not available under the articles1311 | - | €4,000 | €4,000 | €4,000 | - | - |
| Distributable reserves133 | - | €315,133 | €315,133 | €315,133 | €319,133 | ▲ 1.3% |
| Profit (loss) carried forward14 | €44,644 | €50,434 | €68,610 | €43,455 | €46,319 | ▲ 6.6% |
| Amounts payable17/49 | €38,653 | €46,745 | €40,079 | €38,061 | €32,951 | ▼ 13.4% |
| Amounts payable after more than one year17 | €16,299 | €10,269 | €4,141 | - | - | - |
| Financial debts170/4 | - | €10,269 | €4,141 | - | - | - |
| Amounts payable within one year42/48 | €22,354 | €36,477 | €35,939 | €38,061 | €32,951 | ▼ 13.4% |
| Current portion of amounts payable after more than one year42 | - | €6,030 | €6,128 | €4,141 | - | - |
| Trade debts44 | €2,774 | €1,374 | €1,082 | €2,696 | €2,235 | ▼ 17.1% |
| Suppliers440/4 | - | €1,374 | €1,082 | €2,696 | €2,235 | ▼ 17.1% |
| Taxes, remuneration and social security45 | - | €28,839 | €28,362 | €30,859 | €30,668 | ▼ 0.6% |
| Taxes450/3 | - | €11,166 | €15,008 | €13,644 | €4,514 | ▼ 66.9% |
| Remuneration and social security454/9 | - | €17,673 | €13,354 | €17,215 | €26,153 | ▲ 51.9% |
| Other amounts payable47/48 | - | €234 | €366 | €366 | €49 | ▼ 86.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,901 | €5,790 | €18,176 | -€25,155 | €2,864 | ▲ 111% |
| + Depreciation and write-downs630 | €11,047 | €11,407 | €7,052 | €6,715 | €5,225 | ▼ 22.2% |
| Operating cash flow (approximation) | €22,948 | €17,197 | €25,228 | -€18,440 | €8,089 | ▲ 144% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€18,779 | -€30,735 | -€12,418 | €1,547 | ▲ 112% |
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
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
31-12
Financial
Back to profitnet €2,864
Net result €2,864 after one loss-making year.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-12
Financial
Weakest financial yearnet -€25,155
Net result drops to -€25,155, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €18,176 ▲214%
Operating result €26,008, net result €18,176, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500,000Eq €511,777 ▲2.4%
2 profitable years in a row build equity to €511,777.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €16,424
Net result €16,424 after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2005
Ground area
42 m²
Building footprint
83 m²
Volume, LiDAR
806 m³
Parcel 63049C0550/00A000, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BEM IMMO
since 20052.144.955.654
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049C0550/00A000 | Wallonia | 41 m² | 1 · 83 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- ALCE
- BEM IMMO
Highest known parent: ALCE. The sources do not say who stands above it.
Owners 1
- ALCEparentSourceaccounts ALCE 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,907. 4,557 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2005
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
71121Engineering and related technical consultancy, excluding land surveyors
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0871331204
Also
9925:BE0871331204
Registered
17-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.