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C-IMMO

Active
Private limited companyfounded 2016active for 10 yearsKuilstraat 47-49, 9420 Erpe-Mere, Belgium24 active companies are registered at this addressKBO/BCE: BE 0649.727.081
Summary

C-IMMO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€335,449) and a net result of €46,171. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
€221,384▲ 54.7%
2021 · €143,132
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€46,171▼ 64.1%
2024 · €128,506
Working capital
-€143,464▼ 9.4%
2024 · -€131,168
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 33% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0.2m 2022 Operating result€0.2m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.07m-€0.1m▲ 64.0%€0.1m▲ 26.6%€0.1m▲ 1.2%€0.2m▲ 54.7%
Operating result-€0.04m--€0.05m▼ 31.7%-€0.7m▼ 1,131%-€0.03m▲ 95.9%€0.8m€0.2m▼ 68.9%€0.3m▲ 10.6%€0.2m▼ 32.8%
Net result-€0.08m--€0.2m▼ 111%-€0.8m▼ 371%-€0.2m▲ 78.8%€0.6m€0.1mabove the sector's middle half▼ 81.0%€0.1mabove the sector's middle half▲ 6.9%€0.05mwithin the sector's middle half▼ 64.1%
Equity-€0.1m--€0.3m▼ 145%-€1.1m▼ 279%-€1.3m▼ 15.6%-€0.6m▲ 50.1%-€0.5mbelow the sector's middle half▲ 19.1%-€0.4mbelow the sector's middle half▲ 25.2%-€0.3mbelow the sector's middle half▲ 12.1%
Total assets€4.2m-€4.0m▼ 3.6%€4.0m▼ 0.8%€4.3m▲ 7.6%€3.6m▼ 16.5%€3.4mwithin the sector's middle half▼ 5.4%€3.4mwithin the sector's middle half▼ 1.7%€3.1mwithin the sector's middle half▼ 6.3%
Debt€4.3m-€4.3m▲ 0.5%€4.5m▲ 4.7%€5.0m▲ 10.4%€4.2m▼ 15.5%€3.9m▼ 7.4%€3.7m▼ 4.7%€3.5m▼ 6.9%
Working capital-€0.07m-€0.05m€0.1m▲ 95.5%€0.1m▲ 28.0%€0.1m▼ 21.6%-€0.1mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 9.7%-€0.1mwithin the sector's middle half▼ 9.4%
Solvency-2.8%--7.1%▼ 4.3pp-27.2%▼ 20.1pp-29.2%▼ 2.0pp-17.5%▲ 11.8pp-14.9%below the sector's middle half▲ 2.5pp-11.4%below the sector's middle half▲ 3.6pp-10.7%below the sector's middle half▲ 0.7pp
Current ratio0.71-1.42▲ 0.711.53▲ 0.114.44▲ 2.914.23▼ 0.210.38below the sector's middle half▼ 3.850.51within the sector's middle half▲ 0.130.38below the sector's middle half▼ 0.13
Return on assets (ROA)-1.9%--4.2%▼ 2.3pp-20.0%▼ 15.8pp-3.9%▲ 16.1pp17.5%▲ 21.5pp3.5%within the sector's middle half▼ 14.0pp3.8%within the sector's middle half▲ 0.3pp1.5%within the sector's middle half▼ 2.4pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets €3.1m ▼ 5.0%
Current assets €87,532 ▼ 35.6%
Equity and liabilities
Equity-€335,449
Debt€3.5m
Equity is negative: debt (€3.5m) exceeds the balance-sheet total (€3.1m).
Key figures and ratios
2025 value · change against 2024
EBITDA
€347,029▼
2024 · €434,243
Cash flow
€208,046▼
2024 · €287,093
Interest coverage
2.50▼
2024 · 2.95
Debt ≤ 1 year
€230,997▼
2024 · €267,022
Debt > 1 year
€3.2m▼
2024 · €3.4m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 522 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 93.7% are still going.

  • Small
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
3.8% went bankrupt
1.7% stopped otherwise
93.7% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 522 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.4m€3.1m▼
Fixed assets21/28€3.2m€3.1m▼
Tangible fixed assets22/27€3.2m€3.1m▼
Land and buildings22€3.2m€3.1m▼
Current assets29/58€0.1m€0.09m▼
Amounts receivable within one year40/41€0.04m€0.04m▼
Trade receivables40€0.03m€0.03m▼
Other amounts receivable41€0.009m€0.003m▼
Cash at bank and in hand54/58€0.09m€0.05m▼
Equity and liabilities
Total equity and liabilities10/49€3.4m€3.1m▼
Equity10/15-€0.4m-€0.3m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14-€0.4m-€0.4m▲
Amounts payable17/49€3.7m€3.5m▼
Amounts payable after more than one year17€3.4m€3.2m▼
Financial debts170/4€3.4m€3.2m▼
Other amounts payable178/9€0.009m€0.009m=
Amounts payable within one year42/48€0.3m€0.2m▼
Current portion of amounts payable after more than one year42€0.2m€0.2m▲
Trade debts44€0.04m€32▼
Suppliers440/4€0.04m€22▼
Bills of exchange payable441€0.003m€10▼
Taxes, remuneration and social security45€0.01m€0.008m▼
Taxes450/3€0.01m€0.008m▼
Accrued charges and deferred income492/3€0.03m€0.03m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.04m€0.04m▼
Gross operating margin9900€0.5m€0.4m▼
Operating profit (loss)9901€0.3m€0.2m▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0.1m€0.1m▼
Recurring financial charges65€0.1m€0.1m▼
Profit (loss) for the period before taxes9903€0.1m€0.05m▼
Profit (loss) for the period9904€0.1m€0.05m▼
Profit (loss) for the period to be appropriated9905€0.1m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.4m-€0.4m▲
Profit (loss) brought forward from the previous period14P-€0.5m-€0.4m▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€0.2m€1.1m----
Turnover70€0.07m€0.1m€0.1m€0.1m€0.2m----
Other operating income74---€0.09m€0.2m----
Non-recurring operating income76A----€0.7m----
Operating charges60/66A---€0.3m€0.3m----
Services and other goods61---€0.07m€0.06m----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 2.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.06m----
Other operating charges640/8---€0.04m€0.03m€0.03m€0.04m€0.04m▼ 5.6%
Gross operating margin9900-----€0.4m€0.5m€0.4m▼ 18.9%
Operating profit (loss)9901-€0.04m-€0.05m-€0.7m-€0.03m€0.8m€0.2m€0.3m€0.2m▼ 32.8%
Financial income75/76B---€0--€0--
Recurring financial income75-€0-€0--€0--
Other financial income752/9---€0-----
Financial charges65/66B---€0.1m€0.2m€0.1m€0.1m€0.1m▼ 5.6%
Recurring financial charges65€0.04m€0.1m€0.1m€0.1m€0.2m€0.1m€0.1m€0.1m▼ 5.6%
Debt charges650€0.04m€0.1m€0.1m€0.1m€0.2m----
Other financial charges652/9---€323€326----
Profit (loss) for the period before taxes9903-€0.08m-€0.2m-€0.8m-€0.2m€0.6m€0.1m€0.1m€0.05m▼ 64.1%
Profit (loss) for the period9904-€0.08m-€0.2m-€0.8m-€0.2m€0.6m€0.1m€0.1m€0.05m▼ 64.1%
Profit (loss) for the period to be appropriated9905-€0.08m-€0.2m-€0.8m-€0.2m€0.6m€0.1m€0.1m€0.05m▼ 64.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.2m€4.0m€4.0m€4.3m€3.6m€3.4m€3.4m€3.1m▼ 6.3%
Fixed assets21/28€4.0m€3.9m€3.7m€4.2m€3.5m€3.3m€3.2m€3.1m▼ 5.0%
Tangible fixed assets22/27€4.0m€3.9m€3.7m€3.6m€3.5m€3.3m€3.2m€3.1m▼ 5.0%
Land and buildings22---€3.6m€3.5m€3.3m€3.2m€3.1m▼ 5.0%
Financial fixed assets28---€0.5m-----
Other financial fixed assets284/8---€0.5m-----
Amounts receivable and cash guarantees285/8---€0.5m-----
Current assets29/58€0.2m€0.2m€0.3m€0.2m€0.1m€0.09m€0.1m€0.09m▼ 35.6%
Amounts receivable within one year40/41€0.1m€0.09m€0.1m€0.03m€0.001m€0.03m€0.04m€0.04m▼ 18.6%
Trade receivables40---€0.03m€0.001m€0.03m€0.03m€0.03m▼ 4.0%
Other amounts receivable41-----€0.002m€0.009m€0.003m▼ 71.5%
Cash at bank and in hand54/58€0.05m€0.07m€0.1m€0.1m€0.1m€0.02m€0.09m€0.05m▼ 43.6%
Deferred charges and accrued income490/1-----€0.03m---
Equity and liabilities
Total equity and liabilities10/49€4.2m€4.0m€4.0m€4.3m€3.6m€3.4m€3.4m€3.1m▼ 6.3%
Equity10/15-€0.1m-€0.3m-€1.1m-€1.3m-€0.6m-€0.5m-€0.4m-€0.3m▲ 12.1%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€0.1m-€0.3m-€1.1m-€1.3m-€0.6m-€0.5m-€0.4m-€0.4m▲ 11.5%
Provisions and deferred taxes16--€0.6m€0.6m-----
Provisions for liabilities and charges160/5---€0.6m-----
Major repairs and maintenance162---€0.6m-----
Amounts payable17/49€4.3m€4.3m€4.5m€5.0m€4.2m€3.9m€3.7m€3.5m▼ 6.9%
Amounts payable after more than one year17€4.1m€4.2m€4.4m€5.0m€4.2m€3.7m€3.4m€3.2m▼ 6.5%
Financial debts170/4-----€3.6m€3.4m€3.2m▼ 6.5%
Other amounts payable178/9---€5.0m€4.2m€0.009m€0.009m€0.009m=
Amounts payable within one year42/48€0.2m€0.1m€0.2m€0.04m€0.03m€0.2m€0.3m€0.2m▼ 13.5%
Current portion of amounts payable after more than one year42-----€0.2m€0.2m€0.2m▲ 4.0%
Trade debts44€0.2m€0.09m€0.1m€0.03m€0.03m€0.003m€0.04m€32▼ 99.9%
Suppliers440/4---€0.03m€0.03m€0.001m€0.04m€22▼ 99.9%
Bills of exchange payable441-----€0.002m€0.003m€10▼ 99.6%
Taxes, remuneration and social security45---€0.003m€0.003m€0.009m€0.01m€0.008m▼ 27.4%
Taxes450/3---€0.003m€0.003m€0.009m€0.01m€0.008m▼ 27.4%
Other amounts payable47/48-----€0.02m---
Accrued charges and deferred income492/3-----€0.04m€0.03m€0.03m▲ 7.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€80,974-€170,675-€803,932-€170,080€632,129€120,237€128,506€46,171▼ 64.1%
+ Depreciation and write-downs630€92,392€152,077€153,514€155,262€156,106€156,364€158,587€161,875▲ 2.1%
Operating cash flow (approximation)€11,417-€18,597-€650,418-€14,818€788,235€276,600€287,093€208,046▼ 27.5%
Investment in fixed assets (approximation)-€1,826-€8,043-€579,452€523,092€0-€55,118€0-
Change in cash-€18,553€74,257-€10,830-€8,299-€100,969€67,043-€40,171-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 abbreviated format 06-07-2026 2026-00265346
31-12-2024 abbreviated format 02-07-2025 2025-00256272
31-12-2023 abbreviated format 01-07-2024 2024-00197400
31-12-2022 unclassified schema 05-07-2023 2023-00220983
31-12-2021 unclassified schema 18-07-2022 2022-20208353
31-12-2020 unclassified schema 09-07-2021 2021-34900042
31-12-2019 full format 08-10-2020 2020-60300127
31-12-2018 full format 14-08-2019 2019-47400558
31-12-2017 full format 26-09-2018 2018-66400550
31-12-2016 full format 06-07-2017 2017-30900209

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 11,688 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 6,926. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.