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COMPAGNIE IMMOBILIERE ANONYME

Active Public limited companyfounded 1992active for 34 yearsRue de Hermée 171, 4040 HerstalKBO/BCE: BE 0447.657.671 subsidiary of BUSINESS INVEST GESTION S.A.#6 oldest company in Herstal, Real estate sector
Part of the group BUSINESS INVEST GESTION S.A. 11 companies
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Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €2.1m (2025)
€2.1m▲ 216%
lowest -€317,955 (2020)
€1.6m▲ 24×
peak €3.3m (2025)
€3.3m▲ 92.3%
€3.9m▼ 8.3%
peak 1 FTE (2009)
-not published
Board4 names since 2020
Owners3 names in the annual accounts
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Gross margin from €674,537 to €2.1mResult from €65,545 to €1.6mRegistered office moved from Vivegnis to Herstal 23-06Equity from €1.7m to €3.3m

Key points

from the 2025 annual accounts

Equity

€3.3m ▲ 92.3%
€1.7m2024€3.3m2025

Equity rose in 2025 from €1.7m to €3.3m.

Turnover

≈ €2.1m estimated

The accounts state no turnover.

Liquidity

2.55 was 0.16 in 2024

Short-term debts rose from €1.4m to €1.5m.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2020 accounts came latest: 30 days after the end of the period.

Position in the sector

€1.6m

Higher net result than 94% of companies in real estate. Sector median €20,526 · 5,817 companies.

Net result +2,304%: one-off income

Checked score

92
Excellent
Financially stronger than 73% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.6 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

70+17equity 45.2% of total assets
44-40short-term debt 20.1% · cash 0.2%
96+47return on assets 21.7%

Score breakdown

raises risk
Liquidity: current ratio 2.55, cash €12,396
1 change of registered office in 24 months
lowers risk
Size: total assets €7.3m
Founded in 1992
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 64% of them on solvency, 40% on liquidity, 97% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 1,579 companies had the same profile as COMPAGNIE IMMOBILIERE ANONYME has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of COMPAGNIE IMMOBILIERE ANONYME itself: 0.2% 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.

The companies in ten equal groups, from the lowest to the 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% 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 1,579 companies, not a prediction for COMPAGNIE IMMOBILIERE ANONYME. 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 €300,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.55 (0.16 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 0.2% of total assets. However, 54.8% 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 risk
raises risk · Liquidity: current ratio 2.55, cash €12,396
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €7.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
25 days late
2023
22 days late
2022
22 days late
2021
22 days late
2020
30 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 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)
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 23 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BI
Director, Serge Warnier, since 26-05-2025

Shares in 1 company, IMMOFI

Board & ownership

Recent changes

Registered office moved from Vivegnis to Herstal New registered office: rue de Hermée, 171 à B-4040 HERSTAL · Previous registered office: rue Pierre Michaux, 76 à 4683 VIVEGNIS · Resignation: COMPAGNIE DES VALEURS PATRIMONIALES (director) · General meeting of 26-05-2025 · Gazette deed
Merger: COMPAGNIE IMMOBILIÈRE ANONYME, S.A takes over LOSER 122 new shares · Change of role: COMPAGNIE DE VALEURS PATRIMONIALES, from director to sole director · Resignation: SOLISPIR (director) · General meeting of 14-05-2020 · Gazette deed
Resignations & appointments General meeting of 28-06-2019 · Gazette deed
First establishment Rue Pierre Michaux 76, Oupeye
All 50 events

Comparable companies

same main activity, similar in size and age
Company
COMPAGNIE IMMOBILIERE ANONYME Herstal €7.3m €2.1m 45.2% -
SWENNEN Genk €6.6m €2.2m 42.2% -
DANNIMMO Damme €8.2m €2.4m 91.3% 1
Profitramen Lint €5.9m €2.2m 44.0% 12.7
DEFIMMO Uccle €9.1m €2.1m 83.6% 0.5
SOCIETE DE GESTION ET DE PROMOTION IMMOBILIERE INTERNATIONALE Seraing €10.1m €1.8m 35.1% 1.9
R. et J. COLSON Liège €5.1m €1.9m 83.0% 0.5

These companies have the same main activity as COMPAGNIE IMMOBILIERE ANONYME: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.1m and €10m, founded between 1986 and 1992.

Official details

Source: KBO
Status
Active since 19-06-1992Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
Establishment unit
2.058.981.8814683 Oupeye, since 25-09-1992
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€7.3m▲ 20.1%
Filing
Filed on 24-08-2026
Financials

Insights on COMPAGNIE IMMOBILIERE ANONYME

COMPAGNIE IMMOBILIERE ANONYME has existed since 1992. The present size dates from 2025. The gross margin rose that year from €674,537 to €2.1m.

The gross margin has grown every year since 2020. Solvency rose in 2025 from 28.3% to 45.2% because of the retained profit.

BUSINESS INVEST GESTION S.A. holds all the shares.

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 COMPAGNIE IMMOBILIERE ANONYME

What is the company number of COMPAGNIE IMMOBILIERE ANONYME?
The company number of COMPAGNIE IMMOBILIERE ANONYME is 0447.657.671. The VAT number is the same number with BE in front: BE 0447.657.671.
Where is COMPAGNIE IMMOBILIERE ANONYME based?
The registered office is at Rue de Hermée 171, 4040 Herstal.Company details
What does COMPAGNIE IMMOBILIERE ANONYME do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of COMPAGNIE IMMOBILIERE ANONYME?
COMPAGNIE IMMOBILIERE ANONYME is a public limited company (NV).
When was COMPAGNIE IMMOBILIERE ANONYME founded?
COMPAGNIE IMMOBILIERE ANONYME was founded on 19-06-1992.
Is COMPAGNIE IMMOBILIERE ANONYME still active?
Yes, COMPAGNIE IMMOBILIERE ANONYME is an active enterprise in the KBO register.
What is the turnover of COMPAGNIE IMMOBILIERE ANONYME?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €2.1m and 31 comparable companies (NACE 68201). It probably lies between €2.0m and €2.4m.Financials
Is COMPAGNIE IMMOBILIERE ANONYME profitable?
In financial year 2025, COMPAGNIE IMMOBILIERE ANONYME made a profit of €1.6m.
Where can I find the annual accounts of COMPAGNIE IMMOBILIERE ANONYME?
COMPAGNIE IMMOBILIERE ANONYME filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COMPAGNIE IMMOBILIERE ANONYME due?
COMPAGNIE IMMOBILIERE ANONYME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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