Losses
-€58,880 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
HELLO IMMO
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €501,650 (2020)
€123,293▲ 878%
lowest -€61,905 (2006)
-€31,758▼ €4,637
peak €748,870 (2020)
€453,439▼ 6.5%
€1.9m▲ 57.6%
peak 2.3 FTE (2019)
-not published
Board5 names since 2019
1 directorMichaël DE SMET
Owners2 names in the annual accounts
Documentsfilings and deeds
28-04-202694 days before the deadline
2025financial year
Gross margin from €12,607 to €123,293Loss of €31,758Debts from €1.2m to €1.9mInvestments €883,557Cash from €105,698 to €9,520
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The accounts state no turnover.
Debts
€1.9m 79% of the balance sheet
Financial debts 76%Suppliers 1%Taxes and wages 0%Other 23%
Of this, €449,834 falls due within a year.
Investments
€889,586 8.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 47.5% higher than in 2024.
Liquidity
0.03 was 1.86 in 2024
Short-term debts rose from €63,290 to €449,834.
Filings
34 annual accounts since 1992
Five of the last ten came late. The 2017 accounts came latest: 108 days after the end of the period.
Checked score
92
Excellent
Financially stronger than 35% of small 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: 0.1% across 6,995 companies (NACE 68, small).
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: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
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%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.03, cash €9,520, halved
lowers risk
Size: total assets €2.4m
Figures for financial year 2025 (filed on 28-04-2026)
Founded in 1991
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, small). It does better than 38% of them on solvency, 42% on liquidity, 32% on profitability and 26% 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, 2,507 companies had the same profile as HELLO IMMO has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HELLO IMMO itself is lower: 0.1% within 12 months. It rests on far more data about HELLO IMMO than the profile alone.
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 2,507 companies, not a prediction for HELLO 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 €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.03 (1.86 in 2024), below 1. Short-term debt is 18.4% and cash 0.4% of total assets. 81.4% 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
Six 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
1819202122232425
2018 to 2025 · latest year -€31,758
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 days early
2024
31 days early
2023
8 days late
2022
14 days early
2021
17 days early
2020
17 days late
2019
53 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 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. The company usually files around 14 July (4 of the last 5 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
Board and ownership
- BRASSERIE DES TILLEULS 100%score 97equity €4.7m (2025) · annual accounts 2022
Recent changes
Registered office moved from Warcoing to Hérinnes
New registered office: Chemin de l'Anglée, 525 7742 Hérinnes · Previous registered office: Rue des Tilleuls, 18 à 7740 Warcoing · Resignation: SA BRASSERIE DES TILLEULS (sole director) · General meeting of 22-09-2023 · Gazette deed
Company renamed to Hello Immo
Registered office moved to Pecq · New name: Hello Immo · New registered office: rue des Tilleuls numéro 18, 7740 Pecq (Warcoing) · General meeting of 18-12-2020 · Gazette deed
New manager
Michaël DE SMET appointed, LINEA RECTA resigned · Permanent representative: Koen VANDENBUSSCHE · Director discharge: LINEA RECTA · General meeting of 03-04-2019 · Gazette deed
Appointment: Linea Recta (manager)
Permanent representative: Vandenbussche Koen · General meeting of 07-07-2017 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as HELLO 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 €2.2m and €2.7m, founded between 1988 and 1994.
Official details
Source: KBO- Status
- Active since 11-02-1991Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Joint committees
- 201Independent retail
- 302Hotels and catering · annual accounts 2021
- Establishment unit
- 2.051.874.9497742 Pecq, since 13-03-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €2.4m▲ 37.9%
- Filing
- Filed on 28-04-2026, 94 days before the end of the filing period
Companies linked to HELLO IMMO
Parent and group
Insights on HELLO IMMO
HELLO IMMO has existed since 1991. The present size dates from 2025. The gross margin rose that year from €12,607 to €123,293.
The gross margin has grown every year since 2022. Solvency fell in 2025 from 27.4% to 18.6% because of the loss and higher long-term debts.
BRASSERIE DES TILLEULS holds all the shares.
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 HELLO IMMO
- What is the company number of HELLO IMMO?
- The company number of HELLO IMMO is 0443.289.604. The VAT number is the same number with BE in front: BE 0443.289.604.
- Where is HELLO IMMO based?
- The registered office is at Chemin de l'Anglée 525, 7742 Pecq.Company details
- What does HELLO 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 HELLO IMMO?
- HELLO IMMO is a private limited company (BV).
- When was HELLO IMMO founded?
- HELLO IMMO was founded on 11-02-1991.
- Is HELLO IMMO still active?
- Yes, HELLO IMMO is an active enterprise in the KBO register.
- How many employees does HELLO IMMO have?
- HELLO IMMO had an average of 1.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does HELLO IMMO fall under?
- In its 2021 annual accounts, HELLO IMMO states joint committees 201 (Independent retail) and 302 (Hotels and catering).
- What is the turnover of HELLO IMMO?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €123,293 and 37 comparable companies (NACE 68203). It probably lies between €130,000 and €260,000.
- Is HELLO IMMO profitable?
- In financial year 2025, HELLO IMMO made a loss of €31,758.
- Where can I find the annual accounts of HELLO IMMO?
- HELLO IMMO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HELLO IMMO due?
- HELLO IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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