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I2M

Active
Private limited companyfounded 20206 yrs activeRue Georges Delhaye 3, 7033 Mons, BelgiumKBO/BCE: BE 0744.923.772
Summary

I2M has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€48,989) and a net result of -€20,316. Equity is shrinking by ~60.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-14
Solvency1▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 6.15 against 9.17 in 2024; short-term debt: 16.2% and cash: 61.1% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-23.9%
Return on assets
-9.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€48,989
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
17 d early
2024
38 d early
2023
21 d early
2022
35 d early
2021
11 d early
2020
24 d early
← 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 24 days before 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

I2M was incorporated on 10 March 2020 as a Private limited company.1 Total assets fell from EUR 237,085 in 2020 to EUR 205,083 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€20,316▼ 106%
2024 · -€9,858
Working capital
€171,762▼ 21.3%
2024 · €218,351
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-€2,894▲ 34.1%-€2,858▲ 1.3%-€2,864▼ 0.2%-€3,189▼ 11.4%-€41,682▼ 1,207%
Net result-€4,896within the sector's middle half▲ 2.5%-€5,187within the sector's middle half▼ 5.9%-€8,708within the sector's middle half▼ 67.9%-€9,858within the sector's middle half▼ 13.2%-€20,316below the sector's middle half▼ 106%
Equity-€4,919below the sector's middle half▼ 21,023%-€10,106below the sector's middle half▼ 105%-€18,815below the sector's middle half▼ 86.2%-€28,673below the sector's middle half▼ 52.4%-€48,989below the sector's middle half▼ 70.9%
Total assets€244,627below the sector's middle half▲ 3.2%€241,602below the sector's middle half▼ 1.2%€238,464below the sector's middle half▼ 1.3%€245,084below the sector's middle half▲ 2.8%€205,083below the sector's middle half▼ 16.3%
Debt€249,547▲ 5.2%€251,709▲ 0.9%€257,278▲ 2.2%€273,756▲ 6.4%€254,071▼ 7.2%
Working capital€242,104within the sector's middle half▲ 14.2%€236,917within the sector's middle half▼ 2.1%€228,209within the sector's middle half▼ 3.7%€218,351within the sector's middle half▼ 4.3%€171,762within the sector's middle half▼ 21.3%
Solvency-2.0%below the sector's middle half▼ 2.0pp-4.2%below the sector's middle half▼ 2.2pp-7.9%below the sector's middle half▼ 3.7pp-11.7%below the sector's middle half▼ 3.8pp-23.9%below the sector's middle half▼ 12.2pp
Current ratio96.96above the sector's middle half▲ 87.5251.57above the sector's middle half▼ 45.3923.25above the sector's middle half▼ 28.329.17above the sector's middle half▼ 14.096.15above the sector's middle half▼ 3.01
Return on assets (ROA)-2.0%below the sector's middle half▲ 0.1pp-2.1%below the sector's middle half▼ 0.1pp-3.7%below the sector's middle half▼ 1.5pp-4.0%below the sector's middle half▼ 0.4pp-9.9%below the sector's middle half▼ 5.9pp
Staff (FTE)0within the sector's middle half
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.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€2,894-€2,894Net result 2021: -€4,896-€4,896Operating result 2022: -€2,858-€2,858Net result 2022: -€5,187-€5,187Operating result 2023: -€2,864-€2,864Net result 2023: -€8,708-€8,708Operating result 2024: -€3,189-€3,189Net result 2024: -€9,858-€9,858Operating result 2025: -€41,682-€41,682Net result 2025: -€20,316-€20,31620212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€2,864-€2,860Net result 2023: -€8,708-€8,710Operating result 2024: -€3,189-€3,190Net result 2024: -€9,858-€9,860Operating result 2025: -€41,682-€41,700Net result 2025: -€20,316-€20,300202320242025
The operating result stays negative: a loss of €41,682 in 2025 against €3,189 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Quick ratio
3.76▲
2024 · 0.29
Debt to equity
-5.19▲
2024 · -9.55
Debt ≤ 1 year
€33,321▲
2024 · €26,733
Debt > 1 year
€220,750▼
2024 · €247,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
4.6% went bankrupt
5.5% stopped otherwise
88% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,570 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€245,084€205,083▼
Current assets29/58€245,084€205,083▼
Stocks and contracts in progress3€237,198€79,690▼
Stocks30/36€237,198€79,690▼
Amounts receivable within one year40/41€55€15▼
Other amounts receivable41€55€15▼
Cash at bank and in hand54/58€7,831€125,378▲
Equity and liabilities
Total equity and liabilities10/49€245,084€205,083▼
Equity10/15-€28,673-€48,989▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€33,673-€53,989▼
Amounts payable17/49€273,756€254,071▼
Amounts payable after more than one year17€247,000€220,750▼
Other amounts payable178/9€247,000€220,750▼
Amounts payable within one year42/48€26,733€33,321▲
Trade debts44€127€2,073▲
Suppliers440/4€127€2,073▲
Other amounts payable47/48€26,606€31,249▲
Accrued charges and deferred income492/3€24€0▼
Income statement Code20242025
Other operating charges640/8€1,164€847▼
Gross operating margin9900-€2,025-€40,835▼
Operating profit (loss)9901-€3,189-€41,682▼
Financial income75/76B-€26,250
Recurring financial income75-€26,250
Non-recurring financial income76B-€26,250
Financial charges65/66B€6,669€4,884▼
Recurring financial charges65€6,669€4,884▼
Profit (loss) for the period before taxes9903-€9,858-€20,316▼
Profit (loss) for the period9904-€9,858-€20,316▼
Profit (loss) for the period to be appropriated9905-€9,858-€20,316▼
Appropriation of the result
Profit (loss) to be appropriated9906-€33,673-€53,989▼
Profit (loss) brought forward from the previous period14P-€23,815-€33,673▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€1,013€1,209€1,131€1,164€847▼ 27.3%
Gross operating margin9900-€1,881-€1,649-€1,733-€2,025-€40,835▼ 1,916%
Operating profit (loss)9901-€2,894-€2,858-€2,864-€3,189-€41,682▼ 1,207%
Financial income75/76B----€26,250-
Recurring financial income75----€26,250-
Non-recurring financial income76B----€26,250-
Financial charges65/66B€2,002€2,329€5,844€6,669€4,884▼ 26.8%
Recurring financial charges65€2,002€2,329€5,844€6,669€4,884▼ 26.8%
Profit (loss) for the period before taxes9903-€4,896-€5,187-€8,708-€9,858-€20,316▼ 106%
Profit (loss) for the period9904-€4,896-€5,187-€8,708-€9,858-€20,316▼ 106%
Profit (loss) for the period to be appropriated9905-€4,896-€5,187-€8,708-€9,858-€20,316▼ 106%
Line20212022202320242025Change
Assets
Total assets20/58€244,627€241,602€238,464€245,084€205,083▼ 16.3%
Current assets29/58€244,627€241,602€238,464€245,084€205,083▼ 16.3%
Stocks and contracts in progress3€231,888€231,888€231,888€237,198€79,690▼ 66.4%
Stocks30/36€231,888€231,888€231,888€237,198€79,690▼ 66.4%
Amounts receivable within one year40/41€174€364€393€55€15▼ 72.9%
Other amounts receivable41€174€364€393€55€15▼ 72.9%
Cash at bank and in hand54/58€12,566€9,351€6,183€7,831€125,378▲ 1,501%
Equity and liabilities
Total equity and liabilities10/49€244,627€241,602€238,464€245,084€205,083▼ 16.3%
Equity10/15-€4,919-€10,106-€18,815-€28,673-€48,989▼ 70.9%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€9,919-€15,106-€23,815-€33,673-€53,989▼ 60.3%
Amounts payable17/49€249,547€251,709€257,278€273,756€254,071▼ 7.2%
Amounts payable after more than one year17€247,000€247,000€247,000€247,000€220,750▼ 10.6%
Other amounts payable178/9€247,000€247,000€247,000€247,000€220,750▼ 10.6%
Amounts payable within one year42/48€2,523€4,685€10,255€26,733€33,321▲ 24.6%
Trade debts44€103€29€36€127€2,073▲ 1,531%
Suppliers440/4€103€29€36€127€2,073▲ 1,531%
Other amounts payable47/48€2,420€4,656€10,218€26,606€31,249▲ 17.5%
Accrued charges and deferred income492/3€24€24€24€24€0▼ 99.4%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,896-€5,187-€8,708-€9,858-€20,316▼ 106%
Operating cash flow (approximation)-€4,896-€5,187-€8,708-€9,858-€20,316▼ 106%
Change in cash--€3,215-€3,167€1,648€117,547▲ 7,033%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-09
State Gazette act Resignation: Daniel Martens (director)
Power of attorney3 facts ▸
  • General meeting, 10-06-2025
  • Director resignation, Daniel Martens (director)
  • Power of attorney, SRL Roland, Bloquiau & associés
14-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€20,316
Net result drops to -€20,316, the lowest in the series.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity times 10current ratio 96.96
Current ratio from 9.45 to 96.96; short-term debt falls from €25,100 to €2,523.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
724 m²
Volume, LiDAR
3,256 m³
2 parcels, Wallonia · tallest building 5.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue des Sandrinettes 2, 7033 Mons
Real estate development
since 20202.301.532.460
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53019A0252/00A013 Wallonia 8,108 m² - -
53019A0252/00B009 Wallonia 3,275 m² 1 · 724 m² 5.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Daniel Martens
  • Director, until 28-09-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners

Chain of control

  1. RED INVESTISSEMENTS 100%
  2. I2M

Highest known parent: RED INVESTISSEMENTS. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2021 list no holdings, and no other source names one.

According to the 2021 annual accounts of I2M and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0744923772
Also 9925:BE0744923772
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.