Liquidity
9.34 was 4.66 in 2024
Short-term debts fell from €39,634 to €26,083.
ERNST IMMO
Lifetime
4 annual accounts with figures on one time axispeak €123,013 (2024)
€121,285▼ 1.4%
lowest -€384 (2022)
€39,850▲ 10.8%
peak €672,245 (2025)
€672,245▲ 6.3%
€54,570▼ 33.6%
Board2 names since 2022
1 directorLAGASSE DE LOCHT PHILIPPE
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Debts from €82,145 to €54,570Cash from €170,310 to €107,112
Key points
from the 2025 annual accountsFilings
4 annual accounts 4 late
The 2022 accounts came latest: 30 days after the end of the period.
Position in the sector
92.5%
Higher solvency than 92% of companies in real estate. Sector median 30.7% · 11,299 companies.
Checked score
97
Excellent
Financially stronger than 75% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged 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: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
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 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €726,815
Figures for financial year 2025 (filed on 28-08-2026)
Liquidity: current ratio 9.34, cash €107,112
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 91% of them on solvency, 79% on liquidity, 71% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 3,127 companies had the same profile as ERNST IMMO has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of ERNST IMMO itself: < 0.1% 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 3,127 companies, not a prediction for ERNST 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 €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.34 (4.66 in 2024), above the usual 1.5. Short-term debt is 3.6% and cash 14.7% of total assets. 7.5% 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 · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 days late
2024
29 days late
2023
28 days late
2022
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 29 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 29 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0789465083
Appointment: Lagasse de Locht Quentin (director)
General meeting of 02-01-2024 · Gazette deed
Incorporation
published on 22-08-2022 · Gazette deed
First establishment
Route de Parfondvaux 110, Blegny
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERNST IMMO Blegny | €0.7m | €121,285 | 92.5% | - |
| Conynenberg Kapellen | €0.7m | €122,572 | 28.3% | - |
| QINVEST Kalmthout | €0.6m | €127,385 | 99.8% | - |
| Schoofs Construct Genk | €0.7m | €114,852 | 16.3% | - |
| IMMOLAIRE Walcourt | €0.7m | €124,848 | -12.7% | 1.3 |
| QUADRILATERE SERVICES CENTER Chaudfontaine | €0.8m | €83,352 | 3.5% | - |
| G.P.R.L. IMMO Hannut | €1.1m | €151,578 | 91.0% | - |
These companies have the same main activity as ERNST 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 €623,000 and €1.1m, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 08-08-2022Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.335.471.2754671 Blegny, since 08-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on ERNST IMMO
ERNST IMMO files the abbreviated format. That format states no turnover. The gross margin rose from €40,080 in 2022 to €121,285 in 2025.
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 ERNST IMMO
- What is the company number of ERNST IMMO?
- The company number of ERNST IMMO is 0789.465.083. The VAT number is the same number with BE in front: BE 0789.465.083.
- Where is ERNST IMMO based?
- The registered office is at Route de Parfondvaux 110, 4671 Blegny.Company details
- What does ERNST 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 ERNST IMMO?
- ERNST IMMO is a private limited company (BV).
- When was ERNST IMMO founded?
- ERNST IMMO was founded on 08-08-2022.
- Is ERNST IMMO still active?
- Yes, ERNST IMMO is an active enterprise in the KBO register.
- What is the turnover of ERNST IMMO?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €121,285 and 37 comparable companies (NACE 68203). It probably lies between €130,000 and €260,000.Financials
- Is ERNST IMMO profitable?
- In financial year 2025, ERNST IMMO made a profit of €39,850.
- Where can I find the annual accounts of ERNST IMMO?
- ERNST IMMO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ERNST IMMO due?
- ERNST IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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