KAIZEN IMMO
ActiveSummary
The computed 12-month bankruptcy probability of KAIZEN IMMO is 2.9% (moderate). The annual accounts of KAIZEN IMMO for financial year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €2,952 and a net result of -€7,812. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 37% of 17,145 sector peers (NACE 68, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-11-2008 Normal situation
- Activity
- Property management for co-owned buildings (syndics) NACE 68321and 3 others
- Establishment units
- 2.174.185.219 2610 Antwerpen, since 13-11-2008
- 2.365.373.209 1315 Incourt, since 01-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Board and ownership
- SCHLOMER Thierry André Claude ChristianeDirector · since 04-11-2008
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.9%
- Gross margin
- -€3,661
- Loss
- €7,812
- Equity
- €2,952
- ▼ 72.6%
- Total assets
- €20,430
- ▼ 15.3%
Score breakdownraises risk2 changes of registered office in 24 monthsLoss of €7,812 (financial year 2025)Equity €2,952 (14.4% of total assets)lowers riskSize: total assets €20,430Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 35% of them on solvency, 14% on liquidity, 4% on profitability and 8% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 33 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 17 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €6,583, after a profit of €10,969 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €905 | - |
| Depreciation and write-downs of the year | - | - | - | €1,581 | €2,165 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,394 | €2,291 | €1,009 | - | - | - | €1,581 | €2,165 | ▲ 36.9% |
| Other operating charges640/8 | - | - | - | €6,754 | - | €1,355 | €895 | €757 | ▼ 15.4% |
| Gross operating margin9900 | €7,769 | -€5,378 | -€1,807 | €2,070 | -€8,470 | €6,452 | €13,445 | -€3,661 | - |
| Operating profit (loss)9901 | €409 | -€8,748 | -€10,400 | -€4,684 | -€8,470 | €5,097 | €10,969 | -€6,583 | - |
| Financial income75/76B | - | - | - | - | €1 | €3 | €1 | - | - |
| Recurring financial income75 | €834 | €674 | €255 | - | €1 | €3 | €1 | - | - |
| Financial charges65/66B | - | - | - | €1,392 | €1,106 | €1,396 | €248 | €1,229 | ▲ 395% |
| Recurring financial charges65 | €541 | €943 | €1,408 | €1,392 | €1,106 | €1,396 | €248 | €1,229 | ▲ 395% |
| Profit (loss) for the period before taxes9903 | €702 | -€9,016 | -€11,552 | -€6,076 | -€9,575 | €3,704 | €10,721 | -€7,812 | - |
| Income taxes67/77 | - | - | €1,167 | €249 | €330 | - | - | - | - |
| Profit (loss) for the period9904 | €702 | -€9,016 | -€12,719 | -€6,325 | -€9,905 | €3,704 | €10,721 | -€7,812 | - |
| Profit (loss) for the period to be appropriated9905 | €702 | -€9,016 | -€12,719 | -€6,325 | -€9,905 | €3,704 | €10,721 | -€7,812 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €38,358 | €32,884 | €40,113 | €30,695 | €24,803 | €19,647 | €24,121 | €20,430 | ▼ 15.3% |
| Formation expenses20 | - | - | - | - | - | - | €5,452 | €4,088 | ▼ 25.0% |
| Fixed assets21/28 | €4,240 | €1,949 | €940 | €940 | €940 | €940 | €1,631 | €830 | ▼ 49.1% |
| Tangible fixed assets22/27 | €4,240 | €1,949 | €940 | €940 | €940 | €940 | €1,631 | €830 | ▼ 49.1% |
| Plant, machinery and equipment23 | - | - | - | €940 | €940 | €940 | €140 | - | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,491 | €830 | ▼ 44.3% |
| Current assets29/58 | €34,118 | €30,935 | €39,172 | €29,755 | €23,863 | €18,706 | €17,037 | €15,512 | ▼ 9.0% |
| Stocks and contracts in progress3 | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | - | - | - |
| Stocks30/36 | - | - | - | €2,400 | €2,400 | €2,400 | - | - | - |
| Amounts receivable within one year40/41 | €17,834 | €24,915 | €33,153 | €23,735 | €17,654 | €3,848 | €4,902 | €13,258 | ▲ 170% |
| Trade receivables40 | - | - | - | €22,663 | €15,550 | €2,936 | €2,936 | €13,258 | ▲ 352% |
| Other amounts receivable41 | - | - | - | €1,073 | €2,104 | €912 | €1,966 | - | - |
| Cash at bank and in hand54/58 | €1,860 | €3,620 | €3,620 | €3,620 | €3,809 | €12,458 | €12,135 | €2,254 | ▼ 81.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €38,358 | €32,884 | €40,113 | €30,695 | €24,803 | €19,647 | €24,121 | €20,430 | ▼ 15.3% |
| Equity10/15 | €28,104 | €19,088 | €12,569 | €6,244 | -€3,661 | €43 | €10,764 | €2,952 | ▼ 72.6% |
| Contributions10/11 | €12,400 | €12,400 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €13,844 | €4,828 | -€7,891 | -€14,216 | -€24,121 | -€20,417 | -€9,696 | -€17,508 | ▼ 80.6% |
| Amounts payable17/49 | €10,254 | €13,796 | €27,544 | €24,451 | €28,464 | €19,604 | €13,356 | €17,478 | ▲ 30.9% |
| Amounts payable within one year42/48 | €10,254 | €13,796 | €27,544 | €24,451 | €28,464 | €19,604 | €13,356 | €17,478 | ▲ 30.9% |
| Financial debts43 | - | - | - | €9,796 | €9,796 | - | - | €3,544 | - |
| Credit institutions430/8 | - | - | - | €9,796 | €9,796 | - | - | - | - |
| Other loans439 | - | - | - | - | - | - | - | €3,544 | - |
| Trade debts44 | €866 | €727 | €642 | €9,269 | €5,653 | €10,468 | €9,508 | €9,431 | ▼ 0.8% |
| Suppliers440/4 | - | - | - | €9,269 | €5,653 | €10,468 | €9,508 | €9,431 | ▼ 0.8% |
| Taxes, remuneration and social security45 | - | - | - | €1,752 | €1,059 | €2,916 | - | - | - |
| Taxes450/3 | - | - | - | €1,752 | €1,059 | €2,916 | - | - | - |
| Other amounts payable47/48 | - | - | - | €3,634 | €11,957 | €6,220 | €3,849 | €4,503 | ▲ 17.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €702 | -€9,016 | -€12,719 | -€6,325 | -€9,905 | €3,704 | €10,721 | -€7,812 | - |
| + Depreciation and write-downs630 | €2,394 | €2,291 | €1,009 | - | - | - | €1,581 | €2,165 | ▲ 36.9% |
| Operating cash flow (approximation) | €3,096 | -€6,726 | -€11,710 | -€6,325 | -€9,905 | €3,704 | €12,303 | -€5,647 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€2,273 | -€1,364 | ▲ 40.0% |
| Change in cash | - | €1,760 | €0 | €0 | €189 | €8,649 | -€323 | -€9,881 | ▼ 2,960% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,294 companies had the same profile as KAIZEN IMMO has now. Two years later, 4.1% had gone bankrupt and 89.6% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KAIZEN IMMO itself: 2.9% 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.
| 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 1,294 companies, not a prediction for KAIZEN 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00320438 | |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00178626 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00392082 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00407753 | |
| 31-12-2021 | micro format | 27-12-2022 | 2022-20548427 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-49800144 | |
| 31-12-2019 | micro format | 17-09-2020 | 2020-53900349 | |
| 31-12-2018 | abbreviated format | 25-11-2019 | 2019-74400222 | |
| 31-12-2017 | abbreviated format | 29-03-2019 | 2019-08700490 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-57800250 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 15-01-2024 Converted to unavailable equity
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Sans recours,rachat exigible des opposants au prix notifié ou contestation prix fixé par expert commun accord ou président tribunal de…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Droit au débiteur-gagiste, au moins quinze jours”
Articles of association, deed of 27-05-2026 (in French)
Network & group
KAIZEN IMMO shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of KAIZEN IMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-05
Gazette deed
Registered office moved from Antwerpen to Roux-MiroirAmendment of the articles3 points ▸
- General meeting, 20-05-2026
- Registered-office move, 1315 Roux-Miroir (Incourt), rue de Patruange 5
- Amendment of the articles
15-01
Gazette deed
Reappointment: SCHLOMER Thierry André Claude Christiane (director)Capital conversion · Reserve release · Purpose change8 points ▸
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, algemene vergadering” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Director reappointment, SCHLOMER Thierry André Claude Christiane (director)
- Purpose change
- Amendment of the articles
- Capital
- Other provision, “beknopt uittreksel en neerlegging, vóór registratie ter neerlegging op Griffie Ondernemingsrechtbank” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 2610 Antwerpen (Wilrijk) until the act of 27-05-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11051B0369/00E000 | Flanders | 8,919 m² | 1 · 1,000 m² | 44.3 m · 13 |
| 25093C0126/00C000 | Wallonia | 531 m² | 1 · 52 m² | 8.8 m · 3 |