I'MMSPRO
ActiveSummary
I'MMSPRO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €607,401 and a net result of -€100,309. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▼-37
Solvency52▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 6.96 against 1.77 in 2024; short-term debt: 0.8% and cash: 5.7% of total assets), but 73.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 -€100,309
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
29 d late
2022
21 d late
2021
33 d early
2020
25 d late
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€100,309▼ 74.2%
2024 · -€57,568
Working capital
€112,228▲ 48.8%
2024 · €75,424
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€235,595▲ 5,592%€45,147▼ 80.8%€6,936▼ 84.6%-€49,295-€48,171▲ 2.3%
Net result€172,499above the sector's middle half▲ 6,093%€31,236within the sector's middle half▼ 81.9%€4,730within the sector's middle half▼ 84.9%-€57,568below the sector's middle half-€100,309below the sector's middle half▼ 74.2%
Equity€729,312within the sector's middle half▲ 324%€760,548within the sector's middle half▲ 4.3%€765,279within the sector's middle half▲ 0.6%€707,710within the sector's middle half▼ 7.5%€607,401within the sector's middle half▼ 14.2%
Total assets€2.4mwithin the sector's middle half▲ 472%€2.3mwithin the sector's middle half▼ 5.0%€2.1mwithin the sector's middle half▼ 9.6%€2.4mwithin the sector's middle half▲ 17.6%€2.3mwithin the sector's middle half▼ 6.6%
Debt€1.7m▲ 573%€1.5m▼ 9.0%€1.3m▼ 14.6%€1.7m▲ 32.2%€1.7m▼ 3.5%
Working capital-€485,494below the sector's middle half▼ 2,834%-€792,072below the sector's middle half▼ 63.1%-€1.2mbelow the sector's middle half▼ 49.0%€75,424within the sector's middle half€112,228within the sector's middle half▲ 48.8%
Solvency30.1%within the sector's middle half▼ 10.5pp33.1%within the sector's middle half▲ 3.0pp36.8%within the sector's middle half▲ 3.7pp29.0%within the sector's middle half▼ 7.9pp26.6%within the sector's middle half▼ 2.4pp
Current ratio0.68within the sector's middle half▼ 0.090.45below the sector's middle half▼ 0.230.08below the sector's middle half▼ 0.371.77within the sector's middle half▲ 1.696.96above the sector's middle half▲ 5.18
Return on assets (ROA)7.1%above the sector's middle half▲ 6.5pp1.4%within the sector's middle half▼ 5.8pp0.2%within the sector's middle half▼ 1.1pp-2.4%below the sector's middle half▼ 2.6pp-4.4%below the sector's middle half▼ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +6,093% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €48,171 in 2025 against €49,295 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€2.2m ▼ 5.2%
Current assets
€131,071 ▼ 24.2%
Equity and liabilities €2.3m
Equity
€607,401 ▼ 14.2%
Debt
€1.7m ▼ 3.5%
Debt's share of the balance-sheet total rises from 71.0% to 73.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€71,624▲
2024 · €64,866
Cash flow
€19,486▼
2024 · €56,593
Debt to equity
2.76▲
2024 · 2.45
ROE
-16.5%▼
2024 · -8.1%
Interest coverage
1.94▼
2024 · 7.84
Debt ≤ 1 year
€18,843▼
2024 · €97,490
Debt > 1 year
€1.6m=
2024 · €1.6m
Income taxes
€15,246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
1.0%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,423 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,327 | €55,006 | €85,317 | €114,162 | €119,795 | ▲ 4.9% |
| Other operating charges640/8 | €5,293 | €6,748 | €6,193 | €24,049 | €9,485 | ▼ 60.6% |
| Non-recurring operating charges66A | - | - | - | €4,706 | €3,068 | ▼ 34.8% |
| Gross operating margin9900 | €281,215 | €106,901 | €98,446 | €93,621 | €84,177 | ▼ 10.1% |
| Operating profit (loss)9901 | €235,595 | €45,147 | €6,936 | -€49,295 | -€48,171 | ▲ 2.3% |
| Financial income75/76B | - | €0 | €9 | - | - | - |
| Recurring financial income75 | - | €0 | €9 | - | - | - |
| Financial charges65/66B | €275 | €1,978 | €485 | €8,273 | €36,893 | ▲ 346% |
| Recurring financial charges65 | €275 | €1,978 | €485 | €8,273 | €36,893 | ▲ 346% |
| Profit (loss) for the period before taxes9903 | €235,320 | €43,168 | €6,461 | -€57,568 | -€85,063 | ▼ 47.8% |
| Income taxes67/77 | €62,822 | €11,932 | €1,730 | - | €15,246 | - |
| Profit (loss) for the period9904 | €172,499 | €31,236 | €4,730 | -€57,568 | -€100,309 | ▼ 74.2% |
| Profit (loss) for the period to be appropriated9905 | €172,499 | €31,236 | €4,730 | -€57,568 | -€100,309 | ▼ 74.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.3m | €2.1m | €2.4m | €2.3m | ▼ 6.6% |
| Fixed assets21/28 | €1.4m | €1.6m | €2.0m | €2.3m | €2.2m | ▼ 5.2% |
| Tangible fixed assets22/27 | €1.4m | €1.6m | €2.0m | €2.3m | €2.1m | ▼ 5.2% |
| Land and buildings22 | €1.4m | €1.5m | €1.8m | €2.1m | €2.0m | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €21,008 | €18,057 | €15,106 | €12,590 | ▼ 16.7% |
| Furniture and vehicles24 | €6,266 | €73,312 | €73,088 | €63,034 | €52,980 | ▼ 16.0% |
| Assets under construction and advance payments27 | €34,275 | €34,275 | €34,275 | €84,700 | €70,000 | ▼ 17.4% |
| Financial fixed assets28 | - | - | €2,476 | €2,476 | €2,476 | = |
| Current assets29/58 | €1.0m | €655,089 | €102,511 | €172,914 | €131,071 | ▼ 24.2% |
| Amounts receivable within one year40/41 | €60,674 | €10,719 | €97,950 | €64,640 | €1,588 | ▼ 97.5% |
| Trade receivables40 | €60,639 | €8,168 | €97,644 | €42,592 | €343 | ▼ 99.2% |
| Other amounts receivable41 | €35 | €2,552 | €305 | €22,047 | €1,245 | ▼ 94.4% |
| Cash at bank and in hand54/58 | €963,317 | €641,657 | €3,861 | €106,547 | €129,094 | ▲ 21.2% |
| Deferred charges and accrued income490/1 | €1,382 | €2,713 | €700 | €1,728 | €389 | ▼ 77.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.3m | €2.1m | €2.4m | €2.3m | ▼ 6.6% |
| Equity10/15 | €729,312 | €760,548 | €765,279 | €707,710 | €607,401 | ▼ 14.2% |
| Contributions10/11 | €446,191 | €446,191 | €446,191 | €446,191 | €446,191 | = |
| Capital10 | €446,191 | €446,191 | €446,191 | €446,191 | €446,191 | = |
| Issued capital100 | €446,191 | €446,191 | €446,191 | €446,191 | €446,191 | = |
| Reserves13 | €283,122 | €314,358 | €319,088 | €261,520 | €161,211 | ▼ 38.4% |
| Non-distributable reserves130/1 | €14,775 | €17,899 | €18,372 | €18,372 | €18,372 | = |
| Legal reserve130 | €14,775 | €17,899 | €18,372 | €18,372 | €18,372 | = |
| Distributable reserves133 | €268,347 | €296,459 | €300,717 | €243,148 | €142,839 | ▼ 41.3% |
| Amounts payable17/49 | €1.7m | €1.5m | €1.3m | €1.7m | €1.7m | ▼ 3.5% |
| Amounts payable after more than one year17 | €152,134 | - | - | €1.6m | €1.6m | = |
| Financial debts170/4 | - | - | - | €1.6m | €1.6m | = |
| Other amounts payable178/9 | €152,134 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.5m | €1.4m | €1.3m | €97,490 | €18,843 | ▼ 80.7% |
| Current portion of amounts payable after more than one year42 | €63,504 | - | - | - | - | - |
| Trade debts44 | €2,720 | €53,355 | €48,676 | €95,760 | €18,843 | ▼ 80.3% |
| Suppliers440/4 | €2,720 | €53,355 | €48,676 | €95,760 | €18,843 | ▼ 80.3% |
| Taxes, remuneration and social security45 | €76,222 | €115,118 | €40,191 | €1,730 | - | - |
| Taxes450/3 | €76,222 | €115,118 | €40,191 | €1,730 | - | - |
| Other amounts payable47/48 | €1.4m | €1.3m | €1.2m | - | - | - |
| Accrued charges and deferred income492/3 | €27,240 | €90,116 | €30,309 | €18,575 | €36,694 | ▲ 97.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €172,499 | €31,236 | €4,730 | -€57,568 | -€100,309 | ▼ 74.2% |
| + Depreciation and write-downs630 | €40,327 | €55,006 | €85,317 | €114,162 | €119,795 | ▲ 4.9% |
| Operating cash flow (approximation) | €212,826 | €86,242 | €90,047 | €56,593 | €19,486 | ▼ 65.6% |
| Investment in fixed assets (approximation) | - | -€303,561 | -€418,355 | -€409,250 | -€800 | ▲ 99.8% |
| Change in cash | - | -€321,660 | -€637,796 | €102,685 | €22,547 | ▼ 78.0% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet -€100,309
Net result drops to -€100,309, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 6.96
Current ratio from 1.77 to 6.96; short-term debt falls from €97,490 to €18,843.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Liquidity times 22current ratio 1.77
Current ratio from 0.08 to 1.77; short-term debt falls from €1.3m to €97,490.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €172,499 ▲6,093%
Operating result €235,595, net result €172,499, both a record.
31-12
Financial
Equity above €500,000Eq €729,312 ▲324%
4 profitable years in a row build equity to €729,312.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
Show earlier events
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk
Ground area
2,030 m²
Building footprint
382 m²
Volume, LiDAR
1,383 m³
Parcel 71016I1323/00C000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1323/00C000 | Flanders | 2,030 m² | 1 · 382 m² | 8.9 m · 1 fl. |
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 12,042 companies in sector 68203 we hold annual accounts for 6,005. 4,381 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891885504
Registered
16-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.