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IGEFA

Active
Public limited companyfounded 1990active for 35 yearsArimont-Chemin de la Cense SN, 4960 Malmedy, BelgiumKBO/BCE: BE 0442.911.403
Summary

IGEFA has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,491 and a net result of €861. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 1,588 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Holiday cottages, homes and apartments
NACE 55203
7th oldest company in Malmedy, Accommodation and food service sector1 site
Size
≈ €280,000turnover 2025, estimated
Staff
≈ 0 FTE, estimated
Equity
€203,491
Profit
€861
Turnover estimated from the gross margin
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 26 days late1 of 4 deeds summarised
Why 92raises riskLiquidity: current ratio 0.08, cash €2,620, halvedlowers riskFounded in 1990Size: total assets €751,078Figures for financial year 2025 (filed 28-05-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 55, micro)
Financial strength · tick = 2024
Average
Solvency 52+3
equity 27.1% of total assets
Liquidity 50+1
short-term debt 9.6% · cash 0.3%
Profitability 50-40
return on assets 0.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (2,516 companies, NACE 55, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.2 percentage points vs 03-2025 05-2025: 1.1%▲ +0.5 percentage points vs 04-2025 06-2025: 1.4%▲ +0.3 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -1.3 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026 06-2026: 0.1%▼ -0.3 percentage points 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
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.08, compared with 0.28 in 2024, below 1; short-term debt: 9.6% and cash: 0.3% of total assets), and 72.9% 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 55, micro): better than 54% on solvency, 58% on liquidity, 39% on profitability and 48% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.08, cash €2,620, halved
NBB · annual accounts
lowers risk · Size: total assets €751,078
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-05-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €203,491
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-05-2026, 26 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 filings
Deviation from the deadline
2025
26 days late
2024
28 days late
2023
8 days late
2022
5 days late
2021
6 days late
2020
on the day
2019
27 days 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 14 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 9 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end28-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €139,830

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00122990.

Turnover
≈ €280,000
Estimated: probably between €190,000 and €490,000
Total assets
€751,078▼ 9.3%
2024 · €828,511
Net result
€861▼ 99.4%
2024 · €139,830
Working capital
-€66,289▲ 17.3%
2024 · -€80,185
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 87% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€24,154 2025 Net result€861 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 55, Accommodation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€22,304-€1,196▼ 94.6%-€8,889€23,734€11,054▼ 53.4%€190,650▲ 17×€24,154▼ 87.3%
Net result€6,066--€13,487within the sector's middle half-€24,365below the sector's middle half▼ 80.7%€9,343within the sector's middle half-€5,774within the sector's middle half€139,830above the sector's middle half€861within the sector's middle half▼ 99.4%
Equity€97,083-€83,597within the sector's middle half▼ 13.9%€59,232within the sector's middle half▼ 29.1%€68,574within the sector's middle half▲ 15.8%€62,800within the sector's middle half▼ 8.4%€202,630within the sector's middle half▲ 223%€203,491within the sector's middle half▲ 0.4%
Total assets€948,968-€904,320above the sector's middle half▼ 4.7%€899,605above the sector's middle half▼ 0.5%€943,933above the sector's middle half▲ 4.9%€893,947within the sector's middle half▼ 5.3%€828,511within the sector's middle half▼ 7.3%€751,078within the sector's middle half▼ 9.3%
Debt€851,885-€820,724▼ 3.7%€840,374▲ 2.4%€875,359▲ 4.2%€831,147▼ 5.1%€625,881▼ 24.7%€547,587▼ 12.5%
Working capital-€34,682--€36,748within the sector's middle half▼ 6.0%-€40,800within the sector's middle half▼ 11.0%-€72,206within the sector's middle half▼ 77.0%-€87,236within the sector's middle half▼ 20.8%-€80,185within the sector's middle half▲ 8.1%-€66,289within the sector's middle half▲ 17.3%
Solvency10.2%-9.2%within the sector's middle half▼ 1.0pp6.6%within the sector's middle half▼ 2.7pp7.3%within the sector's middle half▲ 0.7pp7.0%within the sector's middle half▼ 0.2pp24.5%within the sector's middle half▲ 17.4pp27.1%within the sector's middle half▲ 2.6pp
Current ratio0.55-0.53within the sector's middle half▼ 0.020.53within the sector's middle half=0.10below the sector's middle half▼ 0.430.07below the sector's middle half▼ 0.020.28within the sector's middle half▲ 0.210.08below the sector's middle half▼ 0.21
Return on assets (ROA)0.6%--1.5%within the sector's middle half▼ 2.1pp-2.7%within the sector's middle half▼ 1.2pp1.0%within the sector's middle half▲ 3.7pp-0.6%within the sector's middle half▼ 1.6pp16.9%above the sector's middle half▲ 17.5pp0.1%within the sector's middle half▼ 16.8pp
above within below the middle half of NACE 55, Accommodation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €751,078
Fixed assets €745,438 ▼ 6.4%
Current assets €5,640 ▼ 82.3%
Equity and liabilities €751,078
Equity €203,491 ▲ 0.4%
Debt €547,587 ▼ 12.5%
Debt's share of the balance-sheet total falls from 75.5% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€75,431▼
2024 · €244,039
Cash flow
€52,138▼
2024 · €193,219
Debt to equity
2.69▼
2024 · 3.09
ROE
0.4%▼
2024 · 69.0%
Interest coverage
3.68▼
2024 · 17.93
Debt ≤ 1 year
€71,929▼
2024 · €111,980
Debt > 1 year
€473,033▼
2024 · €513,901
Income taxes
€2,790▼
2024 · €37,211
Staff costs
€4
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€828,511€751,078▼
Fixed assets21/28€796,715€745,438▼
Tangible fixed assets22/27€796,715€745,438▼
Land and buildings22€774,158€731,378▼
Plant, machinery and equipment23€7,340€5,056▼
Furniture and vehicles24€15,217€9,004▼
Current assets29/58€31,796€5,640▼
Amounts receivable within one year40/41€5,075€1,541▼
Trade receivables40€4,087€1,541▼
Other amounts receivable41€988-
Current investments50/53€20,000-
Cash at bank and in hand54/58€5,252€2,620▼
Deferred charges and accrued income490/1€1,469€1,479▲
Equity and liabilities
Total equity and liabilities10/49€828,511€751,078▼
Equity10/15€202,630€203,491▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€117,084€117,084=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€110,884€110,884=
Profit (loss) carried forward14€23,546€24,407▲
Amounts payable17/49€625,881€547,587▼
Amounts payable after more than one year17€513,901€473,033▼
Financial debts170/4€344,145€313,857▼
Other amounts payable178/9€169,755€159,176▼
Amounts payable within one year42/48€111,980€71,929▼
Current portion of amounts payable after more than one year42€49,055€51,321▲
Trade debts44€10,441€9,776▼
Suppliers440/4€10,441€9,776▼
Advances received on contracts in progress46€13,992€4,398▼
Taxes, remuneration and social security45€37,492€6,434▼
Taxes450/3€37,492€6,434▼
Other amounts payable47/48€1,000-
Accrued charges and deferred income492/3-€2,625
Income statement Code20242025
Non-recurring operating income76A€246,768-
Remuneration, social security and pensions62-€4
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,389€51,277▼
Other operating charges640/8€13,109€18,517▲
Non-recurring operating charges66A€40,180-
Gross operating margin9900€297,329€93,952▼
Operating profit (loss)9901€190,650€24,154▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€13,610€20,503▲
Recurring financial charges65€13,610€20,503▲
Profit (loss) for the period before taxes9903€177,041€3,651▼
Income taxes67/77€37,211€2,790▼
Profit (loss) for the period9904€139,830€861▼
Profit (loss) for the period to be appropriated9905€139,830€861▼
Appropriation of the result
Profit (loss) to be appropriated9906€73,546€24,407▼
Profit (loss) brought forward from the previous period14P-€66,284€23,546▲
Transfer to equity691/2€50,000-
To other reserves6921€50,000-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€246,768--
Remuneration, social security and pensions62---€331--€4-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,102€45,133€50,122€57,986€54,633€53,389€51,277▼ 4.0%
Other operating charges640/8--€7,299€11,991€8,304€13,109€18,517▲ 41.3%
Non-recurring operating charges66A--€97-€85€40,180--
Gross operating margin9900€71,449€51,442€48,629€94,043€74,076€297,329€93,952▼ 68.4%
Operating profit (loss)9901€22,304€1,196-€8,889€23,734€11,054€190,650€24,154▼ 87.3%
Financial income75/76B---€2--€0-
Recurring financial income75-€24-€2--€0-
Financial charges65/66B--€15,359€14,355€16,696€13,610€20,503▲ 50.7%
Recurring financial charges65€16,124€14,661€15,359€14,355€16,696€13,610€20,503▲ 50.7%
Profit (loss) for the period before taxes9903€6,180-€13,441-€24,248€9,381-€5,643€177,041€3,651▼ 97.9%
Income taxes67/77€114€46€117€38€132€37,211€2,790▼ 92.5%
Profit (loss) for the period9904€6,066-€13,487-€24,365€9,343-€5,774€139,830€861▼ 99.4%
Profit (loss) for the period to be appropriated9905€6,066-€13,487-€24,365€9,343-€5,774€139,830€861▼ 99.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€948,968€904,320€899,605€943,933€893,947€828,511€751,078▼ 9.3%
Fixed assets21/28€906,731€862,417€853,516€936,181€887,160€796,715€745,438▼ 6.4%
Tangible fixed assets22/27€866,731€822,417€813,516€896,181€847,160€796,715€745,438▼ 6.4%
Land and buildings22--€770,285€862,617€821,737€774,158€731,378▼ 5.5%
Plant, machinery and equipment23--€1,980€1,718€2,924€7,340€5,056▼ 31.1%
Furniture and vehicles24--€41,250€31,846€22,499€15,217€9,004▼ 40.8%
Financial fixed assets28€40,000€40,000€40,000€40,000€40,000---
Current assets29/58€42,237€41,903€46,090€7,752€6,787€31,796€5,640▼ 82.3%
Amounts receivable within one year40/41€1,173€7,589€3,562€2,362€5,492€5,075€1,541▼ 69.6%
Trade receivables40--€3,508€2,362€5,246€4,087€1,541▼ 62.3%
Other amounts receivable41--€54-€246€988--
Current investments50/53€474€12,548---€20,000--
Cash at bank and in hand54/58€40,590€21,767€42,528€3,247-€5,252€2,620▼ 50.1%
Deferred charges and accrued income490/1---€2,143€1,295€1,469€1,479▲ 0.7%
Equity and liabilities
Total equity and liabilities10/49€948,968€904,320€899,605€943,933€893,947€828,511€751,078▼ 9.3%
Equity10/15€97,083€83,597€59,232€68,574€62,800€202,630€203,491▲ 0.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10--€62,000€62,000€62,000€62,000€62,000=
Issued capital100--€62,000€62,000€62,000€62,000€62,000=
Reserves13€67,084€67,084€67,084€67,084€67,084€117,084€117,084=
Non-distributable reserves130/1--€6,200€6,200€6,200€6,200€6,200=
Legal reserve130--€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133--€60,884€60,884€60,884€110,884€110,884=
Profit (loss) carried forward14-€32,001-€45,487-€69,853-€60,510-€66,284€23,546€24,407▲ 3.7%
Amounts payable17/49€851,885€820,724€840,374€875,359€831,147€625,881€547,587▼ 12.5%
Amounts payable after more than one year17€774,966€742,072€751,084€795,401€737,124€513,901€473,033▼ 8.0%
Financial debts170/4--€579,903€573,098€509,868€344,145€313,857▼ 8.8%
Other amounts payable178/9--€171,181€222,303€227,256€169,755€159,176▼ 6.2%
Amounts payable within one year42/48€76,919€78,652€86,890€79,958€94,024€111,980€71,929▼ 35.8%
Current portion of amounts payable after more than one year42--€55,521€62,120€63,231€49,055€51,321▲ 4.6%
Financial debts43----€17,793---
Credit institutions430/8----€17,793---
Trade debts44€15,972€14,927€12,170€9,859€7,219€10,441€9,776▼ 6.4%
Suppliers440/4--€12,170€9,859€7,219€10,441€9,776▼ 6.4%
Advances received on contracts in progress46--€18,971€7,501€5,500€13,992€4,398▼ 68.6%
Taxes, remuneration and social security45--€228€478€281€37,492€6,434▼ 82.8%
Taxes450/3--€228€478€281€37,492€6,434▼ 82.8%
Other amounts payable47/48-----€1,000--
Accrued charges and deferred income492/3--€2,400---€2,625-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€6,066-€13,487-€24,365€9,343-€5,774€139,830€861▼ 99.4%
+ Depreciation and write-downs630€45,102€45,133€50,122€57,986€54,633€53,389€51,277▼ 4.0%
Operating cash flow (approximation)€51,168€31,646€25,757€67,329€48,859€193,219€52,138▼ 73.0%
Investment in fixed assets (approximation)--€818-€41,221-€140,652-€5,612€37,056€0▼ 100%
Change in cash--€18,823€20,762-€39,281---€2,632-

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

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 26-05-2026 2026-00122990
30-09-2024 micro format 28-05-2025 2025-00114428
30-09-2023 micro format 08-05-2024 2024-00086176
30-09-2022 micro format 05-05-2023 2023-00080816
30-09-2021 micro format 06-05-2022 2022-20023123
30-09-2020 micro format 30-04-2021 2021-12900102
30-09-2019 micro format 27-05-2020 2020-13900270
30-09-2017 micro format 29-05-2018 2018-15600027
30-09-2016 full format 26-05-2017 2017-14800272
30-09-2015 full format 26-05-2016 2016-14100464

Show all 32 filings

Similar companies · same sector, comparable size

Of the 2,992 active companies whose main activity is holiday cottages, homes and apartments (NACE 55203), figures are known for 717. 513 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2024
FABRITIUS Nadine
Director (not named in the articles)
Current
GENTGES Carl
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
FABRITIUS Nadine
  • Director, until 05-01-2024
  • Director (not named in the articles), since before 05-01-2024
GENTGES Carl
  • Director, until 05-01-2024
  • Director (not named in the articles), since before 05-01-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 05-01-2024 Capital stated in the deed · €62,000 · 250 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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History

On 28 December 1990, IGEFA was incorporated.1 Total assets went from €948,968 in 2019 to €751,078 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
26-05
NBB filing Annual accounts filed
financial year 2025 · micro format · 26 days late
2025
28-05
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
30-09
Financial Back to profitnet €139,830
Net result €139,830 after one loss-making year.
30-09
Financial Equity above €200,000equity €202,630 ▲223%
Equity rises from €62,800 to €202,630.
08-05
NBB filing Annual accounts filed
financial year 2023 · micro format · 8 days late
05-01
Gazette deed Resignations: GENTGES Carl (director) and FABRITIUS Nadine (director)
Reappointments: GENTGES Carl (director) and FABRITIUS Nadine (director) · Permanent representative: GENTGES Carl · Amendment of the articles13 facts ▸
  • General meeting, 06-12-2023
  • Amendment of the articles (2 times)
  • Capital, €62,000
  • Director resignation, GENTGES Carl (director)
  • Director resignation, FABRITIUS Nadine (director)
  • Director reappointment, GENTGES Carl (director (not named in the articles))
  • Director reappointment, FABRITIUS Nadine (director (not named in the articles))
  • Director discharge, GENTGES Carl
  • Director discharge, FABRITIUS Nadine
  • Permanent representative, GENTGES Carl
  • Registered office clause, “4960 Malmedy/Arimont,Chemin de la Cense,27, adresse du siège” (deed in French)
  • Power of attorney
  • +1 further fact in this act
2023
05-05
NBB filing Annual accounts filed
financial year 2022 · micro format · 5 days late
2022
30-09
Financial Back to profitnet €9,343
Net result €9,343 after 2 loss-making years.
06-05
NBB filing Annual accounts filed
financial year 2021 · micro format · 6 days late
2021
30-09
Financial Weakest financial yearnet -€24,365
Net result drops to -€24,365, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
27-05
NBB filing Annual accounts filed
financial year 2019 · micro format · 27 days late
Show earlier events
2018
29-05
NBB filing Annual accounts filed
financial year 2017 · micro format · 29 days late
2017
26-05
NBB filing Annual accounts filed
financial year 2016 · full format · 26 days late
2016
26-05
NBB filing Annual accounts filed
financial year 2015 · full format · 26 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 32 annual accounts filed, the latest 10 are here; all 32 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded28-12-1990
Financial year end30-09
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442911403
Registered 14-10-2025

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

Register as of 28 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 1991
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.

Arimont-Chemin de la Cense SN4960 Malmedy
1 establishment unit
Arimont-Chemin de la Cense sn, 4960 Malmedy
Renting and operating of own or leased residential real estate, excluding social housing
since 1991unit no. 2.052.143.381

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“A) l'activité de conseil en matière financière, technique, commerciale ou administrative, au sens large, l'assistance et la fourniture de…” (deed in French)
11 activities (deed in French)
  1. A) l'activité de conseil en matière financière, technique, commerciale ou administrative, au sens large, l'assistance et la fourniture de services, directement ou indirectement, dans le domaine administratif et financier, dans les ventes, la production et la gestion en général;
  2. B) l'intervention en tant qu'intermédiaire lors de négociations, par la reprise partielle ou totale d'actions ou de parts, au sens le plus large, la participation à des opérations d'émission d'actions, de parts et de titre à revenus fixes, par voie de souscription, de cautionnement, d'achat et de vente ou autrement, ainsi que la réalisation de toutes opérations, quelle que soit leur nature, en matière de gestion de portefeuilles ou de capitaux;
  3. C) l'exercice de toutes missions d'administration et l'exercice de mandats et de fonctions dans d'autres sociétés;
  4. D) la gestion d'un patrimoine immobilier ainsi que toutes les opérations se rapportant directement et indirectement à cet objet et qui sont de nature à favoriser le rapport des biens immeubles, tels que l'entretien, le développement, l'embellissement et la location des biens; elle pourra également se porter caution des engagements contractés par des tiers qui auraient la jouissance des biens immeubles concernés;
  5. E) toute activité de production, de fourniture de services et de formation dans le domaine informatique et de gestion;
  6. F) d'agir comme intermédiaire dans le domaine des assurances, en qualité de courtier ou d'agent en assurances.
  7. L'exécution de toutes opérations commerciales, industrielles, immobilières, mobilières ou financières qui directement ou indirectement sont liées ou apparentées à son objet ou susceptibles d'en faciliter la réalisation.
  8. Elle peut s'intéresser, par voie d'apport, de participation, de fusion, de souscription ou par tout autre moyen, dans toutes sociétés, entreprises ou associations ayant un objet similaire ou connexe ou qui sont simplement utiles pour la réalisation partielle ou totale de son objet social.
  9. Cette énumération n'étant nullement limitative, elle doit être interprétée dans le sens le plus large du terme et la société pourra effectuer toutes les opérations susceptibles de quelque manière que ce soit, de favoriser la réalisation de son objet social.
  10. Elle pourra réaliser son objet, tant en Belgique qu'à l'étranger, de toutes les manière et suivant les modalités qui lui paraîtront les mieux
  11. Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession, la société subordonnera son action, en ce qui concerne la prestation de ces actes, à la réalisation de ces conditions.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
IGEFA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne” (deed in French)

deed of 05-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“6 ans, 3” (deed in French)
“Rémunération des administrateurs, si et dans quelle mesure mandat rémunéré par indemnité fixe ou variable” (deed in French)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 05-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Actions, usufruitier et nu-propriétaire inscrits séparément avec mention de leurs droits respectifs” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Sauf ce qui serait dit dans un pacte d'actionnaire” (deed in French)

deed of 05-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of March at 16:00

deed of 05-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Usufruitier et nu-propriétaire inscrits séparément avec indication de leurs droits respectifs, Nature des autres titres” (deed in French)
Other provision: “Indivisibilité des actions, suspension de l'exercice des droits jusqu'à désignation d'une seule personne comme propriétaire à l'égard de la…” (deed in French)
Other provision: “Présidence du conseil d'administration, élu par le conseil parmi ses membres” (deed in French)
Other provision: “Lieu indiqué dans la convocation, à défaut siège social, Convocation du conseil d'administration” (deed in French)
Other provision: “Tout administrateur peut donner mandat à un collègue pour réunion déterminée et y voter,par écrit ou tout autre moyen ayant support…” (deed in French)
Other provision: “Participation à distance au conseil d'administration par voie électronique, participer aux délibérations,poser questions,voter sur tous…” (deed in French)
Other provision: “Procès-verbaux du conseil d'administration, signées par au moins deux administrateurs” (deed in French)
Other provision: “Gestion journalière, en tout temps par conseil d'administration” (deed in French)
1 more provision in the deed, see the deed of 05-01-2024

deed of 05-01-2024