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BMT IMMO

Active
Private limited companyfounded 2025active for 1 yearNouvelle Route 27, 4831 Limbourg, BelgiumKBO/BCE: BE 1020.189.877

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-02-2026 at the NBB

Equity
€17,486
Total assets
€287,110
Net result
-€2,514
Working capital
-€21,223

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €287,110
Fixed assets €282,974
Current assets €4,137
Equity and liabilities €287,110
Equity €17,486
Debt €269,624
Debt's share of the balance-sheet total is 93.9%.
Key figures and ratios
2025 value
Current ratio
0.16
Debt to equity
15.42
ROE
-14.4%
ROA
-0.9%
Debt ≤ 1 year
€25,360
Debt > 1 year
€244,225

Investments

fixed assets acquired
Item2025
Tangible fixed assets€282,974
Financial fixed assets€0

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€287,110
Fixed assets21/28€282,974
Tangible fixed assets22/27€282,974
Assets under construction and advance payments27€282,974
Current assets29/58€4,137
Amounts receivable within one year40/41€257
Other amounts receivable41€257
Cash at bank and in hand54/58€3,880
Equity and liabilities
Total equity and liabilities10/49€287,110
Equity10/15€17,486
Contributions10/11€20,000
Profit (loss) carried forward14-€2,514
Amounts payable17/49€269,624
Amounts payable after more than one year17€244,225
Other amounts payable178/9€244,225
Amounts payable within one year42/48€25,360
Trade debts44€25,360
Suppliers440/4€25,360
Accrued charges and deferred income492/3€40
Income statement Code2025
Gross operating margin9900-€2,461
Operating profit (loss)9901-€2,461
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903-€2,514
Profit (loss) for the period9904-€2,514
Profit (loss) for the period to be appropriated9905-€2,514
Appropriation of the result
Profit (loss) to be appropriated9906-€2,514

The notes to these accounts have 7 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 24-02-2026.

Line2025
Gross operating margin9900-€2,461
Operating profit (loss)9901-€2,461
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903-€2,514
Profit (loss) for the period9904-€2,514
Profit (loss) for the period to be appropriated9905-€2,514
Line2025
Assets
Total assets20/58€287,110
Fixed assets21/28€282,974
Tangible fixed assets22/27€282,974
Assets under construction and advance payments27€282,974
Current assets29/58€4,137
Amounts receivable within one year40/41€257
Other amounts receivable41€257
Cash at bank and in hand54/58€3,880
Equity and liabilities
Total equity and liabilities10/49€287,110
Equity10/15€17,486
Contributions10/11€20,000
Profit (loss) carried forward14-€2,514
Amounts payable17/49€269,624
Amounts payable after more than one year17€244,225
Other amounts payable178/9€244,225
Amounts payable within one year42/48€25,360
Trade debts44€25,360
Suppliers440/4€25,360
Accrued charges and deferred income492/3€40
Line2025
Profit (loss) for the period9904-€2,514
Operating cash flow (approximation)-€2,514

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 280 companies had the same profile as BMT IMMO has now. Two years later, 95.7% were still going and 1.1% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
95.7% was still going
3.2% stopped otherwise
1.1% went bankrupt

That fits the bankruptcy probability of BMT IMMO itself: 0.5% 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.

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 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 280 companies, not a prediction for BMT 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 (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-02-2026 2026-00042730 PDF

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