CHARLES IMMO

Active

Private limited companyfounded 20215 yrs activeIndustriepark-Noord 14, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0770.830.492

Summary

CHARLES IMMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.91M and a net result of €1.06M. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 79% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

77 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability93▼-5

Solvency95▼-4

Growth72=

Track record94

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €300k at 30 days acceptable

Liquidity short (current ratio 0.83 against 0.65 in 2024; short-term debt: 29.8% and cash: 0% of total assets), and 29.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

70.1%

Return on assets

19%

Age of the figures

9 mo

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 5 filings

Deviation from the deadline

2025

27 d late

2024

29 d early

2023

22 d early

2022

25 d early

2021

34 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€2.22M▲ 4.9%

2023 · €2.12M

2021: €1.29M 2022: €2.00M 2023: €2.12M

2021 → 2024

EBIT margin

70.5%▲ 8.9pp

2023 · 61.6%

2021: 49.6% 2022: 66.9% 2023: 61.6%

2021 → 2024

Net result

€1.06M▼ 9.5%

2024 · €1.17M

2021: €449k 2022: €977k 2023: €988k 2024: €1.17M

2021 → 2025

Working capital

€-290k▲ 37.9%

2024 · €-467k

2021: €-710k 2022: €-1.12M 2023: €-636k 2024: €-467k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€1.29M-€2.00M▲ 55.3%€2.12M▲ 6.1%€2.22M▲ 4.9%

Equity€4.68M-€3.93M▼ 16.0%€3.91M▼ 0.3%€3.92M=€3.91M▼ 0.1%

Operating result€637k-€1.34M▲ 110%€1.30M▼ 2.3%€1.56M▲ 19.9%€1.54M▼ 1.7%

Net result€449k-€977k▲ 117%€988k▲ 1.2%€1.17M▲ 18.6%€1.06M▼ 9.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 2% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €5.58M

75.4%

24.6%

Fixed assets €4.20M ▼ 4.1%

Current assets €1.37M ▲ 57.1%

Equity and liabilities €5.58M

70.1%

29.9%

Equity €3.91M ▼ 0.1%

Debt €1.66M ▲ 24.2%

Debt's share of the balance-sheet total rises from 25.5% to 29.9%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.72M▼

2024 · €1.75M

Cash flow

€1.24M▼

2024 · €1.35M

Current ratio

0.83▲

2024 · 0.65

Debt to equity

0.43▲

2024 · 0.34

ROE

27.1%▼

2024 · 29.9%

ROA

19.0%▼

2024 · 22.3%

Interest coverage

537.20▼

2024 · 6549.85

Debt ≤ 1 year

€1.66M▲

2024 · €1.34M

Income taxes

€515k▲

2024 · €418k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines

Balance sheet Code20242025

Assets

Total assets20/58€5.26M€5.58M▲

Fixed assets21/28€4.38M€4.20M▼

Tangible fixed assets22/27€4.38M€4.20M▼

Land and buildings22€3.39M€3.24M▼

Other tangible fixed assets26€991k€959k▼

Current assets29/58€874k€1.37M▲

Amounts receivable within one year40/41€842k€1.37M▲

Trade receivables40€41k€537k▲

Other amounts receivable41€801k€835k▲

Cash at bank and in hand54/58€32k€1k▼

Equity and liabilities

Total equity and liabilities10/49€5.26M€5.58M▲

Equity10/15€3.92M€3.91M▼

Contributions10/11€3.40M€3.40M=

Reserves13€505k€505k=

Non-distributable reserves130/1€487k€487k=

Financial assistance1313€487k€487k=

Tax-exempt reserves132€19k€19k=

Profit (loss) carried forward14€10k€5k▼

Amounts payable17/49€1.34M€1.66M▲

Amounts payable within one year42/48€1.34M€1.66M▲

Financial debts43€100k€251k▲

Credit institutions430/8€100k€251k▲

Trade debts44€647€100k▲

Suppliers440/4€647€100k▲

Taxes, remuneration and social security45€70k€247k▲

Taxes450/3€70k€247k▲

Other amounts payable47/48€1.17M€1.07M▼

Accrued charges and deferred income492/3-€2k

Income statement Code20242025

Operating income70/76A€2.27M-

Turnover70€2.22M-

Other operating income74€48k-

Operating charges60/66A€704k-

Services and other goods61€396k-

Remuneration, social security and pensions62€-8k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181k€180k▼

Other operating charges640/8€135k€216k▲

Gross operating margin9900-€1.93M

Operating profit (loss)9901€1.56M€1.54M▼

Financial income75/76B€25k€40k▲

Recurring financial income75€25k€40k▲

Income from current assets751€25k-

Financial charges65/66B€266€3k▲

Recurring financial charges65€266€3k▲

Other financial charges652/9€266-

Profit (loss) for the period before taxes9903€1.59M€1.57M▼

Income taxes67/77€418k€515k▲

Taxes670/3€418k-

Profit (loss) for the period9904€1.17M€1.06M▼

Profit (loss) for the period to be appropriated9905€1.17M€1.06M▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.18M€1.07M▼

Profit (loss) brought forward from the previous period14P€8k€10k▲

Profit to be distributed694/7€1.17M€1.07M▼

Return on contributions (dividend)694€1.17M€1.07M▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 27 days late

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2021net €1.17M ▲18.6%

Operating result €1.56M, net result €1.17M, both a record.

09-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

06-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

27-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Sint-Niklaas · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Industriepark-Noord 149100 Sint-Niklaas

Ground area

2.5 ha

Building footprint

1.5 ha

Volume, LiDAR

88,109 m³

Parcel 46442C0726/00A002, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Industriepark-Noord 14, 9100 Sint-Niklaas

Renting and operating of own or leased non-residential real estate, excluding land

since 20212.320.376.986

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46442C0726/00A002	Flanders	2.5 ha	1 · 1.5 ha	10.7 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

LEMBREGHTS IMPORT

BE 0434.762.908

Westerlo · Eq €3,909,893

BELENUS

BE 0859.663.389

Antwerpen · Eq €3,904,484

ETIMAR

BE 0479.728.247

Liedekerke · Eq €3,904,298

KIEVITPLEIN SHOPPING

BE 0873.967.228

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AISELA 10

BE 0639.748.157

Elsene · Eq €3,921,189

Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 2,945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-07-2021

Fiscal year end31-12

Activities, NACEBEL 2025

68203Renting and operating of own or leased non-residential real estate, excluding land

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.