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CIMMOB

Active
Private limited companyfounded 20188 yrs activeXhéneumont 12, 4651 Herve, BelgiumKBO/BCE: BE 0702.930.195
Summary

The computed 12-month bankruptcy probability of CIMMOB is 1.8% (moderate). The 2024 annual accounts show negative equity (-€6,038) and a net result of -€19,553. Equity is shrinking by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 9975 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability14▼-38
Solvency24▼-3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.07 against 2.52 in 2023; short-term debt: 48.1% and cash: 18.8% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-1.2%
Return on assets
-3.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · 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
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€6,038
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
29 d early
2022
45 d early
2021
4 d early
2020
26 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 7 September 2018, CIMMOB was incorporated.1 Total assets went from EUR 885,333 in 2019 to EUR 511,368 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€0
Total assets
€511,368▼ 8.5%
2023 · €558,882
Net result
-€19,553
2023 · €4,646
Working capital
€263,358▼ 21.8%
2023 · €336,832
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€0
Operating result€29,856▲ 470%€48,648▲ 62.9%-€67,915€7,248-€1,748
Net result€18,813within the sector's middle half€32,520above the sector's middle half▲ 72.9%-€72,328below the sector's middle half€4,646within the sector's middle half-€19,553below the sector's middle half
Equity€48,677within the sector's middle half▲ 63.0%€81,197within the sector's middle half▲ 66.8%€8,869below the sector's middle half▼ 89.1%€13,515within the sector's middle half▲ 52.4%-€6,038below the sector's middle half
Total assets€978,351above the sector's middle half▲ 10.5%€550,520above the sector's middle half▼ 43.7%€281,785within the sector's middle half▼ 48.8%€558,882above the sector's middle half▲ 98.3%€511,368above the sector's middle half▼ 8.5%
Debt€929,674▲ 8.7%€469,323▼ 49.5%€272,916▼ 41.8%€545,367▲ 99.8%€517,406▼ 5.1%
Working capital€650,754above the sector's middle half▲ 11.0%€186,575above the sector's middle half▼ 71.3%€6,090within the sector's middle half▼ 96.7%€336,832above the sector's middle half▲ 5,431%€263,358above the sector's middle half▼ 21.8%
Solvency5.0%below the sector's middle half▲ 1.6pp14.7%below the sector's middle half▲ 9.8pp3.1%below the sector's middle half▼ 11.6pp2.4%below the sector's middle half▼ 0.7pp-1.2%below the sector's middle half▼ 3.6pp
Current ratio3.06above the sector's middle half▼ 0.011.52within the sector's middle half▼ 1.531.02below the sector's middle half▼ 0.502.52within the sector's middle half▲ 1.502.07within the sector's middle half▼ 0.45
Return on assets (ROA)1.9%within the sector's middle half▲ 1.9pp5.9%within the sector's middle half▲ 4.0pp-25.7%below the sector's middle half▼ 31.6pp0.8%within the sector's middle half▲ 26.5pp-3.8%below the sector's middle half▼ 4.7pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2020: €29,856€29,856Net result 2020: €18,813€18,813Operating result 2021: €48,648€48,648Net result 2021: €32,520€32,520Operating result 2022: -€67,915-€67,915Net result 2022: -€72,328-€72,328Operating result 2023: €7,248€7,248Net result 2023: €4,646€4,646Operating result 2024: -€1,748-€1,748Net result 2024: -€19,553-€19,55320202021202220232024-€80,000-€60,000-€40,000-€20,000€0Operating result 2022: -€67,915-€67,900Net result 2022: -€72,328-€72,300Operating result 2023: €7,248€7,250Net result 2023: €4,646€4,650Operating result 2024: -€1,748-€1,750Net result 2024: -€19,553-€19,600202220232024
The operating result turns negative in 2024: a loss of €1,748 after €7,248 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €511,368
Fixed assets €1,854 ▲ 328%
Current assets €509,514 ▼ 8.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,076▼
2023 · €10,108
Cash flow
-€18,881▼
2023 · €7,507
Quick ratio
0.40▲
2023 · 0.17
Debt to equity
-85.70▼
2023 · 40.35
Interest coverage
-0.06▼
2023 · 3.89
Debt ≤ 1 year
€246,156▲
2023 · €221,617
Debt > 1 year
€271,250▼
2023 · €323,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,171 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.6% stopped otherwise
95% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,171 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€558,882€511,368▼
Fixed assets21/28€433€1,854▲
Tangible fixed assets22/27€253€1,674▲
Plant, machinery and equipment23€0€1,674▲
Furniture and vehicles24€253€0▼
Financial fixed assets28€180€180=
Current assets29/58€558,449€509,514▼
Stocks and contracts in progress3€520,146€410,000▼
Stocks30/36€498,426€410,000▼
Contracts in progress37€21,720€0▼
Amounts receivable within one year40/41€4,891€701▼
Trade receivables40€0€0=
Other amounts receivable41€4,891€701▼
Cash at bank and in hand54/58€33,188€96,288▲
Deferred charges and accrued income490/1€225€2,525▲
Equity and liabilities
Total equity and liabilities10/49€558,882€511,368▼
Equity10/15€13,515-€6,038▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€16,485-€36,038▼
Amounts payable17/49€545,367€517,406▼
Amounts payable after more than one year17€323,750€271,250▼
Financial debts170/4€323,750€271,250▼
Amounts payable within one year42/48€221,617€246,156▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€2,263€1,857▼
Suppliers440/4€2,263€1,857▼
Taxes, remuneration and social security45€0€0=
Taxes450/3€0€0=
Remuneration and social security454/9€0€0=
Other amounts payable47/48€219,354€244,299▲
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,861€672▼
Other operating charges640/8€597€2,096▲
Gross operating margin9900€10,705€1,020▼
Operating profit (loss)9901€7,248-€1,748▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2,601€17,805▲
Recurring financial charges65€2,601€17,805▲
Profit (loss) for the period before taxes9903€4,646-€19,553▼
Profit (loss) for the period9904€4,646-€19,553▼
Profit (loss) for the period to be appropriated9905€4,646-€19,553▼
Appropriation of the result
Profit (loss) to be appropriated9906-€16,485-€36,038▼
Profit (loss) brought forward from the previous period14P-€21,131-€16,485▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€0--
Goods, raw materials, services and sundry goods60/61---€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,578€4,356€4,164€2,861€672▼ 76.5%
Other operating charges640/8-€1,122€1,196€597€2,096▲ 251%
Gross operating margin9900€35,173€54,126-€62,555€10,705€1,020▼ 90.5%
Operating profit (loss)9901€29,856€48,648-€67,915€7,248-€1,748▼ 124%
Financial income75/76B--€0-€0-
Recurring financial income75€1-€0-€0-
Financial charges65/66B-€7,947€4,413€2,601€17,805▲ 584%
Recurring financial charges65€7,942€7,947€4,413€2,601€17,805▲ 584%
Profit (loss) for the period before taxes9903€21,914€40,701-€72,328€4,646-€19,553▼ 521%
Income taxes67/77€3,101€8,181----
Profit (loss) for the period9904€18,813€32,520-€72,328€4,646-€19,553▼ 521%
Profit (loss) for the period to be appropriated9905€18,813€32,520-€72,328€4,646-€19,553▼ 521%
Line20202021202220232024Change
Assets
Total assets20/58€978,351€550,520€281,785€558,882€511,368▼ 8.5%
Fixed assets21/28€11,054€6,699€3,294€433€1,854▲ 328%
Tangible fixed assets22/27€10,874€6,519€3,114€253€1,674▲ 561%
Plant, machinery and equipment23-€416€167€0€1,674-
Furniture and vehicles24-€6,102€2,948€253€0▼ 100%
Financial fixed assets28€180€180€180€180€180=
Current assets29/58€967,297€543,822€278,491€558,449€509,514▼ 8.8%
Stocks and contracts in progress3€862,685€519,185€0€520,146€410,000▼ 21.2%
Stocks30/36-€493,167€0€498,426€410,000▼ 17.7%
Contracts in progress37-€26,018€0€21,720€0▼ 100%
Amounts receivable within one year40/41€11,849€3,603€238,508€4,891€701▼ 85.7%
Trade receivables40-€2,028€238,378€0€0-
Other amounts receivable41-€1,575€129€4,891€701▼ 85.7%
Cash at bank and in hand54/58€23,875€20,658€39,894€33,188€96,288▲ 190%
Deferred charges and accrued income490/1-€376€90€225€2,525▲ 1,024%
Equity and liabilities
Total equity and liabilities10/49€978,351€550,520€281,785€558,882€511,368▼ 8.5%
Equity10/15€48,677€81,197€8,869€13,515-€6,038▼ 145%
Contributions10/11-€30,000€30,000€30,000€30,000=
Profit (loss) carried forward14€18,677€51,197-€21,131-€16,485-€36,038▼ 119%
Amounts payable17/49€929,674€469,323€272,916€545,367€517,406▼ 5.1%
Amounts payable after more than one year17€613,118€112,077€0€323,750€271,250▼ 16.2%
Financial debts170/4-€112,077€0€323,750€271,250▼ 16.2%
Amounts payable within one year42/48€316,543€357,246€272,402€221,617€246,156▲ 11.1%
Current portion of amounts payable after more than one year42-€3,716€3,452€0--
Trade debts44€431€2,312€491€2,263€1,857▼ 18.0%
Suppliers440/4-€2,312€491€2,263€1,857▼ 18.0%
Taxes, remuneration and social security45-€11,745€109,065€0€0-
Taxes450/3-€11,745€109,065€0€0-
Remuneration and social security454/9-€0€0€0€0-
Other amounts payable47/48-€339,474€159,394€219,354€244,299▲ 11.4%
Accrued charges and deferred income492/3-€0€515€0--
Line20202021202220232024Change
Profit (loss) for the period9904€18,813€32,520-€72,328€4,646-€19,553▼ 521%
+ Depreciation and write-downs630€4,578€4,356€4,164€2,861€672▼ 76.5%
Operating cash flow (approximation)€23,391€36,876-€68,164€7,507-€18,881▼ 352%
Investment in fixed assets (approximation)-€0-€760€0-€2,093-
Change in cash--€3,217€19,236-€6,706€63,100▲ 1,041%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €4,646
Net result €4,646 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.52
Current ratio from 1.02 to 2.52; short-term debt falls from €272,402 to €221,617.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€72,328
Net result drops to -€72,328, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2019net €32,520 ▲72.9%
Operating result €48,648, net result €32,520, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €18,813
Net result €18,813 after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Herve · 1 establishment unit since 2018
seat establishment approximate The establishment unit on the map
Ground area
493 m²
Building footprint
121 m²
Volume, LiDAR
663 m³
Parcel 63006C0136/00C000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CIMMOB
Xhéneumont 12, 4651 HerveReal estate development
since 20182.279.786.248
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63006C0136/00C000indicative
ProtectedSite or landscape
Wallonia 493 m² 1 · 121 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 10,364 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43910Bricklaying and masonry work
43990Other specialised construction activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0702930195
Also 9925:BE0702930195

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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