FIRMWARE Immo
InactiveInactive since 18-07-2026; last annual accounts for fiscal year 2024. Dissolved and wound up in a single deed; no liquidator appointed; books and records kept in Mont-de-l'Enclus.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year -€8,820
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 08-07-2025, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
26 d late
2022
7 d early
2021
30 d late
2020
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Renting and operating of own or leased residential real estate, excluding social housing sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€33,327▼ 20.9%
2023 · €42,147
Total assets
€379,442▼ 4.4%
2023 · €397,109
Net result
-€8,820▼ 13.5%
2023 · -€7,773
Working capital
-€15,208▼ 24.2%
2023 · -€12,245
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€14,723-€18,425€9,101▼ 50.6%-€4,587-€5,875▼ 28.1%
Net result-€20,510-€14,756€5,674▼ 61.5%-€7,773-€8,820▼ 13.5%
Equity€29,490-€44,246▲ 50.0%€49,920▲ 12.8%€42,147▼ 15.6%€33,327▼ 20.9%
Total assets€442,402-€430,735▼ 2.6%€416,090▼ 3.4%€397,109▼ 4.6%€379,442▼ 4.4%
Debt€412,912-€386,489▼ 6.4%€366,170▼ 5.3%€354,961▼ 3.1%€346,115▼ 2.5%
Working capital-€14,261--€10,131▲ 29.0%-€10,592▼ 4.6%-€12,245▼ 15.6%-€15,208▼ 24.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,875 in 2024 against €4,587 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €379,442
Fixed assets
€374,508 ▼ 3.9%
Current assets
€4,934 ▼ 31.5%
Equity and liabilities €379,442
Equity
€33,327 ▼ 20.9%
Debt
€346,115 ▼ 2.5%
Debt's share of the balance-sheet total rises from 89.4% to 91.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,517▼
2023 · €10,806
Cash flow
€6,573▼
2023 · €7,620
Current ratio
0.24▼
2023 · 0.37
Debt to equity
10.39▲
2023 · 8.42
ROE
-26.5%▼
2023 · -18.4%
ROA
-2.3%▼
2023 · -2.0%
Interest coverage
3.23▼
2023 · 3.39
Debt ≤ 1 year
€20,143▲
2023 · €19,453
Debt > 1 year
€325,972▼
2023 · €335,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,814 | €15,393 | €15,393 | €15,393 | €15,393 | = |
| Other operating charges640/8 | - | €270 | €1,452 | €1,610 | €1,672 | ▲ 3.8% |
| Gross operating margin9900 | €13,204 | €34,088 | €25,946 | €12,416 | €11,189 | ▼ 9.9% |
| Operating profit (loss)9901 | -€14,723 | €18,425 | €9,101 | -€4,587 | -€5,875 | ▼ 28.1% |
| Financial charges65/66B | - | €3,669 | €3,427 | €3,186 | €2,944 | ▼ 7.6% |
| Recurring financial charges65 | €5,787 | €3,669 | €3,427 | €3,186 | €2,944 | ▼ 7.6% |
| Profit (loss) for the period before taxes9903 | -€20,510 | €14,756 | €5,674 | -€7,773 | -€8,820 | ▼ 13.5% |
| Profit (loss) for the period9904 | -€20,510 | €14,756 | €5,674 | -€7,773 | -€8,820 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | -€20,510 | €14,756 | €5,674 | -€7,773 | -€8,820 | ▼ 13.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €442,402 | €430,735 | €416,090 | €397,109 | €379,442 | ▼ 4.4% |
| Fixed assets21/28 | €436,078 | €420,686 | €405,293 | €389,901 | €374,508 | ▼ 3.9% |
| Tangible fixed assets22/27 | €436,078 | €420,686 | €405,293 | €389,901 | €374,508 | ▼ 3.9% |
| Land and buildings22 | - | €420,686 | €405,293 | €389,901 | €374,508 | ▼ 3.9% |
| Current assets29/58 | €6,323 | €10,049 | €10,797 | €7,208 | €4,934 | ▼ 31.5% |
| Amounts receivable within one year40/41 | €1,186 | €3,183 | €3,031 | €2,280 | €1,644 | ▼ 27.9% |
| Trade receivables40 | - | €3,025 | €3,025 | €1,644 | €1,644 | = |
| Other amounts receivable41 | - | €158 | €6 | €635 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €2,200 | €6,866 | €7,767 | €4,928 | €3,290 | ▼ 33.2% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €442,402 | €430,735 | €416,090 | €397,109 | €379,442 | ▼ 4.4% |
| Equity10/15 | €29,490 | €44,246 | €49,920 | €42,147 | €33,327 | ▼ 20.9% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€20,510 | -€5,754 | -€80 | -€7,853 | -€16,673 | ▼ 112% |
| Amounts payable17/49 | €412,912 | €386,489 | €366,170 | €354,961 | €346,115 | ▼ 2.5% |
| Amounts payable after more than one year17 | €392,327 | €363,808 | €344,780 | €335,508 | €325,972 | ▼ 2.8% |
| Financial debts170/4 | - | €238,368 | €219,340 | €200,067 | €180,531 | ▼ 9.8% |
| Other amounts payable178/9 | - | €125,441 | €125,441 | €135,441 | €145,441 | ▲ 7.4% |
| Amounts payable within one year42/48 | €20,584 | €20,180 | €21,390 | €19,453 | €20,143 | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €18,779 | €19,028 | €19,272 | €19,536 | ▲ 1.4% |
| Trade debts44 | €2,009 | €1,401 | €1,295 | €0 | - | - |
| Suppliers440/4 | - | €1,401 | €1,295 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €0 | €1,067 | €181 | €607 | ▲ 235% |
| Taxes450/3 | - | €0 | €1,067 | €181 | €607 | ▲ 235% |
| Accrued charges and deferred income492/3 | - | €2,500 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,510 | €14,756 | €5,674 | -€7,773 | -€8,820 | ▼ 13.5% |
| + Depreciation and write-downs630 | €27,814 | €15,393 | €15,393 | €15,393 | €15,393 | = |
| Operating cash flow (approximation) | €7,304 | €30,149 | €21,067 | €7,620 | €6,573 | ▼ 13.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €4,666 | €901 | -€2,838 | -€1,638 | ▲ 42.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-07
State Gazette act
End & cessationNet-asset statement · Auditor report · Dissolution17 facts ▸
State Gazette act
End & cessation
Net-asset statement · Auditor report · Dissolution17 facts ▸
- General meeting, 06-07-2026
- Other statement, 29-06-2026
- Net-asset statement, 29-06-2026
- Auditor report, Wevelgem, 83626.79
- Other statement, verslagen en formaliteiten, eenparigheid
- Dissolution, bijzondere omstandigheden,eenvoud vereffening, derde besluit
- Other statement, 29-06-2026, verslag bestuursorgaan met staat actief en passief
- Other statement, erelonen accountant,externe accountant,notaris,aktekosten notaris, liquidatiekosten
- Other statement, bestuurders, vereffenaar van rechtswege
- Other statement, aandeelhouders, som terugbetaalde inbreng en aandeel vereffeningssaldo ontvangen voor of bij sluiting
- Liquidation distribution, voorstel van verdelingsplan, helft
- Liquidation distribution, voorstel van verdelingsplan, helft
- +5 further facts in this act
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €14,756
Net result €14,756 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte
Ground area
1,997 m²
Building footprint
433 m²
Parcel 44048F0185/00E002, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048F0185/00E002 | Flanders | 1,997 m² | 1 · 433 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 2,820 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
Founded15-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.