Financials
- Financial year
- 2024
- Total assets
- €476,542
- Loss
- -€78,688
- Solvency
- 5.8%
Total assets▼ 19.0%
Net result
20182024
GOVIMMO
ActiveSummary
The computed 12-month bankruptcy probability of GOVIMMO is 7.5% (elevated). The annual accounts of GOVIMMO for financial year 2024 show a net loss of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €27,636 and a net result of -€78,688. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 23% of 9,639 sector peers (NACE 68, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110Real estate agency activities NACE 68310
1 site
Size
€476,542total assets 2024
- Staff
- 0.8 FTE
- Equity
- €27,636
- Loss
- -€78,688
Turnover not published (abbreviated or micro format)
Structure
- Holdings
- 1
Accounts 85 days overdue1 of 3 deeds read
Why 32raises riskLiquidity: current ratio 1.03, cash €99, halved1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 77 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 16-10-2025)Show the evidence
Checked score
Score 2024
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 10% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Weak
Solvency
31-12
equity 5.8% of total assets
Liquidity
0-37
short-term debt 94.2% · cash 0.0%
Profitability
0-16
return on assets -16.5%
Bankruptcy probability, 12 months
7.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.4%▼ -0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025lowest value
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.1 percentage points vs 07-2025
09-2025: 0.7%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.1 percentage points vs 09-2025
11-2025: 4.4%▲ +3.6 percentage points vs 10-2025
12-2025: 6.4%▲ +2.0 percentage points vs 11-2025
01-2026: 6.4%● unchanged vs 12-2025
02-2026: 6.4%● unchanged vs 01-2026
03-2026: 6.4%● unchanged vs 02-2026
04-2026: 6.3%▼ -0.1 percentage points vs 03-2026
05-2026: 5.7%▼ -0.6 percentage points vs 04-2026
06-2026: 5.5%▼ -0.2 percentage points vs 05-2026
07-2026: 5.4%▼ -0.1 percentage points vs 06-2026
08-2026: 5.7%▲ +0.3 percentage points vs 07-2026
09-2026: 6.2%▲ +0.5 percentage points vs 08-2026
10-2026: 7.5%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03, compared with 1.16 in 2023, below the usual 1.5; short-term debt: 94.2% and cash: 0% of total assets), and 94.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 27% on solvency, 1% on liquidity, 4% on profitability and 8% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Eight signals.
raises riskneutral
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
18192021222324
2018 to 2024 · latest year -€78,688
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9639 sector peers (2024).
NBB · sector comparisonPosition among 9639 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 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 filingsDeviation from the deadline
2025
not filed
2024
77 days late
2023
30 days late
2022
75 days late
2021
78 days late
2020
89 days late
2019
92 days late
← 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 74 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Key points
- Risk: 4 loss-making years in a rowloss financial year 2024 -€78,688 View
- Caution: Result fell in 2024from -€12,765 to -€78,688 ▼ 516% View
- Caution: Among the weakest 15% on net resultsector median €13,519 · 9,634 companies -€78,688 View
- Caution: Accounts not fileddeadline was 31-07-2026 85 days late View
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 26
- Since
- 2004
- 14-10-2023Annual accounts filed
- 31-12-2022Weakest financial year
- 17-10-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 28-04-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GOVIMMO
- What is the company number of GOVIMMO?
- 0480.112.386. In Belgium the VAT number is the company number with BE in front: BE 0480.112.386.
- Where is GOVIMMO based?
- The registered office is at Heidestraat 2, 3500 Hasselt.Company details
- What does GOVIMMO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of GOVIMMO?
- Private limited company (BV).
- When was GOVIMMO founded?
- On 28-04-2003.
- Is GOVIMMO still active?
- Yes, GOVIMMO is an active enterprise in the KBO register.
- How many employees does GOVIMMO have?
- On average 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GOVIMMO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is GOVIMMO profitable?
- In financial year 2024, GOVIMMO made a loss of €78,688.
- Where can I find the annual accounts of GOVIMMO?
- GOVIMMO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to GOVIMMO
Subsidiaries and holdings
- CASA CONCEPT50%
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- ROMOS IMMOSaint-Ghislain
- B.L.T.Zedelgem
- FORT BOISOudergem
- MC BIRDIzegem
- IMMO KRISKortenaken
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