Losses
-€35,601 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
COMMAS IMMO
Lifetime
2 annual accounts with figures on one time axispeak €32,976 (2025)
€32,976▲ €33,058
lowest -€18,318 (2025)
-€18,318▼ €1,034
peak €21,717 (2024)
€3,399▼ 84.3%
€255,541▼ 5.6%
Board1 name since 2024
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Gross margin from -€82 to €32,976Loss of €18,318Equity from €21,717 to €3,399Cash from €567 to €2,746
Key points
from the 2025 annual accountsTurnover
≈ €54,000 estimated
The abbreviated format states no turnover.
Debts
€255,541 99% of the balance sheet
Financial debts 85%Suppliers 0%Taxes and wages 0%Other 14%
Of this, €37,948 falls due within a year.
Payment terms
9 days to suppliers
COMMAS IMMO pays its suppliers 27 days earlier than in 2024.
Starting capital
€39,000 100 shares
Position in the sector
€3,399
Less equity than 82% of companies in real estate. Sector median €300,024 · 11,302 companies.
Checked score
54
Fair
Financially stronger than 22% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.7%
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026highest value
08-2026: 0.7%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Founded in 2024
Liquidity: current ratio 0.25, cash €2,746
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €258,940
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 21% of them on solvency, 45% on liquidity, 14% on profitability and 7% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 1,301 companies had the same profile as COMMAS IMMO has now. Each dot stands for 4 companies, two years later.
92.5%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COMMAS IMMO itself is lower: 0.7% within 12 months. It rests on far more data about COMMAS IMMO than the profile alone.
Test of the method
The method was tested on the 497,448 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 1,301 companies, not a prediction for COMMAS 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.25 (0.17 in 2024), below 1. Short-term debt is 14.7% and cash 1.1% of total assets. 98.7% 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
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€18,318
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 11297 sector peers (2025).
NBB · sector comparisonPosition among 11297 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 days early
2024
122 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 73 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COMMAS Renan Maxence Marcel Jacques Ghislain 100 sharesdeed of 17-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010341904
First establishment
Thier des Bruyères 11, Oupeye
Incorporation
Founding capital of €39,000, 100 shares · Founder: COMMAS Renan Maxence Marcel Jacques Ghislain · Appointment: COMMAS Renan Maxence Marcel Jacques Ghislain (director) · published on 17-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COMMAS IMMO Oupeye | €258,940 | €32,976 | 1.3% | - |
| Immo-ycx Kasterlee | €308,727 | €31,116 | 0.6% | - |
| PASGUIMMO Tournai | €237,555 | €27,806 | 7.4% | - |
| ALTTEC IMMO Bilzen-Hoeselt | €288,636 | €27,405 | 3.9% | - |
| ZAZOU.IMMO Anderlecht | €291,016 | €26,058 | 1.9% | - |
| Mojo-Invest Lochristi | €318,754 | €32,666 | 24.2% | - |
| IMMO BW Olne | €253,196 | €23,564 | -11.9% | - |
These companies have the same main activity as COMMAS IMMO: 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 €238,000 and €319,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-06-2024Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.363.290.3804684 Oupeye, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- €258,940▼ 11.4%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on COMMAS IMMO
The annual accounts of COMMAS IMMO for financial year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €3,399 and a net result of -€18,318.
Its solvency ranks better than 19% of 11,297 sector peers (NACE 68, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.7% (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 COMMAS IMMO
- What is the company number of COMMAS IMMO?
- The company number of COMMAS IMMO is 1010.341.904. The VAT number is the same number with BE in front: BE 1010.341.904.
- Where is COMMAS IMMO based?
- The registered office is at Thier des Bruyères 11, 4684 Oupeye.Company details
- What does COMMAS IMMO 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 COMMAS IMMO?
- COMMAS IMMO is a private limited company (BV).
- When was COMMAS IMMO founded?
- COMMAS IMMO was founded on 13-06-2024.
- Is COMMAS IMMO still active?
- Yes, COMMAS IMMO is an active enterprise in the KBO register.
- How many employees does COMMAS IMMO have?
- COMMAS IMMO had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of COMMAS IMMO?
- The turnover in financial year 2025 is ≈ €54,000. This figure is estimated from the gross margin of €32,976 and 51 comparable companies (NACE 682). It probably lies between €40,000 and €78,000.
- Is COMMAS IMMO profitable?
- In financial year 2025, COMMAS IMMO made a loss of €18,318.
- Where can I find the annual accounts of COMMAS IMMO?
- COMMAS IMMO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COMMAS IMMO due?
- COMMAS IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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