C.S.E.IMMO
C.S.E.IMMO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €537k and a net result of €149k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 19340 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €537k |
| Net result | €149k |
| Staff (FTE) | 1 |
| Better than sector | 77% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.5% | 31.1% | |
| Net result | €149k | €4k | |
| Equity | €537k | €87k | |
| Gross operating margin | €274k | €39k | |
| Staff costs | €27k | €30k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ | 2020 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | +50.7% | +11.7% | +133.3% | +1.0% | - |
| Net profit | +56.5% | +3.5% | +216.7% | +2.6% | - |
| Cash flow | +47.9% | +2.2% | +124.1% | +1.2% | - |
| Staff costs | +40.2% | +4.0% | +41.7% | - | - |
| Income taxes | +67.6% | +47.2% | +203.9% | +9.5% | - |
| Dividends | - | - | - | - | - |
| Total assets | +44.8% | +32.3% | +29.6% | -3.4% | - |
| Equity | +38.3% | +32.4% | +45.6% | +16.8% | - |
| Debt | +61.2% | +32.2% | +1.5% | -26.0% | - |
| of which ≤ 1y | +61.2% | +87.6% | +3.5% | -33.2% | - |
| of which > 1y | - | - | - | - | - |
| Working capital | +60.1% | +36.6% | +114.7% | +106.2% | - |
| Employees (FTE) | 0.0% | -47.4% | +11.8% | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 2.75 | 2.76 | 3.42 | 2.17 | 1.38 |
| Quick ratio | 2.75 | 2.76 | 3.42 | 2.17 | 1.38 |
| Working capital ratio | 55.1% | 49.9% | 48.3% | 29.2% | 13.7% |
| Solvency | 68.5% | 71.7% | 71.7% | 63.8% | 52.8% |
| Debt / equity | 0.46 | 0.39 | 0.40 | 0.57 | 0.06 |
| Long-term debt ratio | - | - | - | - | 0.06 |
| Interest coverage | 182.88 | 382.91 | 321.72 | 65.95 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 19.0% | 17.5% | 22.4% | 9.2% | 8.6% |
| ROE | 27.7% | 24.5% | 31.3% | 14.4% | 16.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €784k | €541k | €409k | €316k | €327k |
| Fixed assets | 21/28 | €105k | €118k | €130k | €145k | €164k |
| Intangible fixed assets | 21 | €82k | €98k | €114k | €131k | €147k |
| Tangible fixed assets | 22/27 | €23k | €20k | €15k | €13k | €16k |
| Financial fixed assets | 28 | €248 | €248 | €248 | €248 | €248 |
| Current assets | 29/58 | €679k | €423k | €279k | €171k | €163k |
| Amounts receivable within one year | 40/41 | €199k | €157k | €117k | €17k | €33k |
| Cash & bank | 54/58 | €474k | €264k | €158k | €152k | €129k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €784k | €541k | €409k | €316k | €327k |
| Equity | 10/15 | €537k | €388k | €293k | €201k | €172k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | €20k |
| Reserves | 13 | €425k | €276k | €181k | €181k | €152k |
| Accumulated profits (losses) | 14 | €92k | €92k | €92k | - | - |
| Amounts payable | 17/49 | €247k | €153k | €116k | €114k | €154k |
| Amounts payable after one year | 17 | - | - | - | - | €10k |
| Amounts payable within one year | 42/48 | €247k | €153k | €82k | €79k | €118k |
| Trade debts payable within one year | 44 | €145k | €95k | €47k | €18k | €40k |
| Income statement | ||||||
| Gross operating margin | 9900 | €274k | €183k | €166k | €77k | €63k |
| Operating result | 9901 | €217k | €138k | €121k | €40k | €39k |
| Financial income | 75 | €5k | - | €397 | - | €120 |
| Financial charges | 65 | €1k | €417 | €445 | €930 | €2k |
| Result before taxes | 9903 | €221k | €138k | €121k | €39k | €37k |
| Income taxes | 67/77 | €72k | €43k | €29k | €10k | €9k |
| Net result for the period | 9904 | €149k | €95k | €92k | €29k | €28k |
| Result to be appropriated | 9905 | €149k | €95k | €92k | €29k | €28k |
| NACE primary | Real estate agency activities(68310) |
| Legal form | Private limited company(610) |
| Incorporation | 26-08-2010 |
| Status | Active |
| Postal code | 1190 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0034/00R014 | Brussels | 175 m² | 1 · 110 m² | 17.4 m · 4 fl. |
| 21383B0048/00K009 | Brussels | 153 m² | 1 · 123 m² | 19.8 m · 6 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-02-2022 Capital increase of €22,000 to €0
- €22.000 → €0
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
"after_eur": 0.0,
"delta_eur": 22000.0,
"before_eur": 22000.0,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "suppress"
}
],
"notary": {
"name": "Val\u00E9rie BRUYAUX",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-02-18",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2022-01-20",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0828.760.575",
"name_full": "S.E. IMMO",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 Resonsabilit\u00E9 Limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"statuts"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameFR | C.S.E.IMMO |