Equity
€3.9m ▼ 0.1%
CHARLES IMMO paid out €1.1m in dividends. That is 100% of the 2025 profit.
CHARLES IMMO
Lifetime
5 annual accounts with figures on one time axispeak €2.2m (2024)
-not published
peak €1.2m (2024)
€1.1m▼ 9.5%
peak €4.7m (2021)
€3.9m▼ 0.1%
€1.7m▲ 24.2%
peak 1.4 FTE (2023)
-not published
Board4 names since 2021
1 directorCAMPUS-RPF
Owners2 names in the annual accounts
100%REDECO and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Power of attorney: SOLID+ 10-07Reappointment: A&C - Bedrijfsrevisor BV (statutory auditor) 14-01Dividend €1.1mDebts from €1.3m to €1.7mCash from €31,736 to €1,048
Key points
from the 2025 annual accountsTurnover
≈ €2.4m estimated
The accounts state no turnover.
Investments
€4.5m 24.8 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts 1 late
The 2025 accounts came 27 days late. The other four were filed on time.
At the same address
14 companies
Position in the sector
€1.1m
Higher net result than 95% of companies in real estate. Sector median €9,988 · 11,280 companies.
Checked score
85
Excellent
Financially stronger than 63% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,998 companies (NACE 68, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.3%▼ -0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.3 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.83, cash €1,048, halved
Founded in 2021
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €5.6m
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, small). It does better than 81% of them on solvency, 31% on liquidity, 97% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as CHARLES IMMO has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of CHARLES IMMO itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,782 companies, not a prediction for CHARLES 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.
Credit verdict
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.83 (0.65 in 2024), below 1. Short-term debt is 29.8% and cash 0% of total assets. 29.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · 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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 days late
2024
29 days early
2023
22 days early
2022
25 days early
2021
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 17 days before 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: A&C - Bedrijfsrevisor BV (statutory auditor)
Permanent representative: De Cock Marc · General meeting of 14-06-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: Marc De Cock · Appointment: Campus RPF · Permanent representative: Marc De Cock · General meeting of 08-05-2023 · Gazette deed
Incorporation
Founding capital of €5,726,479.72, 100,000 shares · Demerger: A.B.M. INTERNATIONAL splits off to CHARLES IMMO · Founders: A.B.M. INTERNATIONAL, CHARLES DISTRIBUTIE, CASAVENTA and 1 other · published on 09-07-2021 · Gazette deed
First establishment
Industriepark-Noord 14, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CHARLES IMMO Sint-Niklaas | €5.6m | €1.9m | 70.1% | - |
| CronosF4C Kontich | €4.4m | €1.7m | -27.1% | 11.2 |
| INVEST 28 Bruges | €6.0m | €1.2m | 49.5% | 0.6 |
| AZ PRINT IMMO Grâce-Hollogne | €4.0m | €1.4m | 78.6% | - |
| TILLEGHEM INVEST Wichelen | €3.4m | €1.4m | 91.6% | - |
| MDA CONCEPT INVEST Etterbeek | €7.1m | €1.4m | -8.4% | - |
| SMARTUNIT DEVELOPMENT Aartselaar | €4.1m | €1.4m | 30.3% | - |
These companies have the same main activity as CHARLES IMMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.4m and €7.1m, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 07-07-2021Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2023
- Establishment unit
- 2.320.376.9869100 Sint-Niklaas, since 07-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on CHARLES IMMO
CHARLES IMMO has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €1.1m.
Equity has been stable since 2021 (±4.4% per year). Its solvency ranks better than 79% of 11,289 sector peers (NACE 68, financial year 2025).
The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CHARLES IMMO
- What is the company number of CHARLES IMMO?
- The company number of CHARLES IMMO is 0770.830.492. The VAT number is the same number with BE in front: BE 0770.830.492.
- Where is CHARLES IMMO based?
- The registered office is at Industriepark-Noord 14, 9100 Sint-Niklaas.Company details
- What does CHARLES IMMO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of CHARLES IMMO?
- CHARLES IMMO is a private limited company (BV).
- When was CHARLES IMMO founded?
- CHARLES IMMO was founded on 07-07-2021.
- Is CHARLES IMMO still active?
- Yes, CHARLES IMMO is an active enterprise in the KBO register.
- How many employees does CHARLES IMMO have?
- CHARLES IMMO had an average of 1.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does CHARLES IMMO fall under?
- In its 2023 annual accounts, CHARLES IMMO states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of CHARLES IMMO?
- The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.9m and 32 comparable companies (NACE 68203). It probably lies between €1.9m and €2.7m. In financial year 2024 turnover was €2.2m.
- Is CHARLES IMMO profitable?
- In financial year 2025, CHARLES IMMO made a profit of €1.1m.
- Where can I find the annual accounts of CHARLES IMMO?
- CHARLES IMMO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CHARLES IMMO due?
- CHARLES IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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