Skip to content

IDEL IMMO

Active Private limited companyfounded 2013active for 13 yearsTerhulpsesteenweg 166, 1170 Watermael-BoitsfortKBO/BCE: BE 0536.789.783 subsidiary of THE KEYS MANAGEMENT

Lifetime

12 annual accounts with figures on one time axis
peak €15,234 (2021)
€6,709▲ 33×
lowest -€6,442 (2014)
€4,828▲ €5,536
peak €19,009 (2025)
€19,009▲ 34.0%
€4,580▲ 162%
Board5 names since 2013
2 directorsTHE KEYS MANAGEMENT and 1 other
Owners
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from €203 to €6,709Back to profit: €4,828Equity from €14,181 to €19,009Debts from €1,750 to €4,580Cash from €15,596 to €21,706

Key points

from the 2025 annual accounts

Turnover

≈ €29,000 estimated

The accounts state no turnover.

Liquidity

5.15 was 9.10 in 2024

Short-term debts rose from €1,750 to €4,580.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2018 accounts came latest: 21 days after the end of the period.

Board

1 left

A director left. Latest change 13-03-2026 · 1 in office.

Position in the sector

80.6%

Higher solvency than 86% of companies in real estate. Sector median 28.9% · 17,185 companies.

Checked score

98
Excellent
Financially stronger than 88% of micro 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: 0.2% across 26,625 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%highest value 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: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged 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 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 80.6% of total assets
94-5short-term debt 19.4% · cash 92.0%
89+63return on assets 20.5%

Score breakdown

raises risk
Size: total assets €23,589
lowers risk
Liquidity: current ratio 5.15, cash €21,706
Equity €19,009 (80.6% of total assets)
Figures for financial year 2025 (filed on 13-06-2026)
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, micro). It does better than 91% of them on solvency, 93% on liquidity, 85% on profitability and 82% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 34,693 companies had the same profile as IDEL IMMO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of IDEL IMMO itself: < 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for IDEL 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 €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.15 (9.1 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 92% of total assets. 19.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.15, cash €21,706
NBB · annual accounts
lowers risk · Equity €19,009 (80.6% of total assets)
NBB · annual accounts
raises risk · Size: total assets €23,589
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 13-06-2026)
NBB · annual accounts
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
49 days early
2023
48 days early
2022
53 days early
2021
52 days early
2020
39 days early
2019
10 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 40 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 11 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TK
Director, CHOPIN Amaury, since 30-06-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0536789783
Resignation: CHARLES BOURG MANAGEMENT SCOMM (director) Permanent representative: Amaury CHOPIN · Director discharge: CHARLES BOURG MANAGEMENT SCOMM · General meeting of 27-05-2026 · Gazette deed
1 director resigning ACLT MANAGEMENT Scomm · Permanent representatives: Adrian THORP and Gaëtan CHOPIN · Director discharge: ACLT MANAGEMENT Scomm · General meeting of 19-06-2024 · Gazette deed
3 directors appointed, 1 resignation Resignation: THORP Adrian · Appointments: THE KEYS MANAGEMENT, CHARLES BOURG MANAGEMENT and ACLT MANAGEMENT · Permanent representatives: CHOPIN Amaury, CHOPIN Gaëtan and THORP Adrian · General meeting of 24-02-2023 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
IDEL IMMO Watermael-Boitsfort €23,589 €6,709 80.6% -
Mór Estates Ostend €24,628 €5,333 91.9% -
DDA Properties Woluwe-Saint-Lambert €31,071 €9,505 45.3% -
5TH CORNER Brussels €36,841 €5,331 81.5% -
Açai du Nord Forest €41,025 €7,240 8.5% -
BEAUX VILLAGES Chimay €32,913 €6,488 39.1% -
Square Invest Rixensart €21,289 €9,862 69.0% -

These companies have the same main activity as IDEL IMMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €21,300 and €41,000, founded between 2012 and 2015.

Official details

Source: KBO
Status
Active since 18-07-2013Normal situation
Registered office
190 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Real estate agency activitiesNACE 68310and 2 others
Establishment unit
2.222.442.2241170 Watermael-Boitsfort, since 18-07-2013
Financial year end
31 December
Peppol
Reachable since 23-09-2026
Company details

Annual accounts 2025

€23,589▲ 48.1%
Filing
Filed on 11-06-2026, 50 days before the end of the filing period
Financials

Insights on IDEL IMMO

IDEL IMMO files the micro format. That format states no turnover. The gross margin rose from €3,604 in 2014 to €6,709 in 2025.

THE KEYS MANAGEMENT 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 IDEL IMMO

What is the company number of IDEL IMMO?
The company number of IDEL IMMO is 0536.789.783. The VAT number is the same number with BE in front: BE 0536.789.783.
Where is IDEL IMMO based?
The registered office is at Terhulpsesteenweg 166, 1170 Watermael-Boitsfort.Company details
What does IDEL IMMO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of IDEL IMMO?
IDEL IMMO is a private limited company (BV).
When was IDEL IMMO founded?
IDEL IMMO was founded on 18-07-2013.
Is IDEL IMMO still active?
Yes, IDEL IMMO is an active enterprise in the KBO register.
What is the turnover of IDEL IMMO?
The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €6,709 and 37 comparable companies (NACE 68310). It probably lies between €9,700 and €49,000. It is a rough estimate.Financials
Is IDEL IMMO profitable?
In financial year 2025, IDEL IMMO made a profit of €4,828.
Where can I find the annual accounts of IDEL IMMO?
IDEL IMMO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IDEL IMMO due?
IDEL IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.