IMMA
ActiveIMMA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €-11k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
2
/ 100
Critical▼ -49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency22▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.59 in 2024), and 76.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 68
lower
← 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 · 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 2025Solvency, return and age of the figures
Solvency
23.2%
Return on assets
-4.6%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
34 d early
2022
21 d early
2021
22 d late
2020
30 d early
2019
34 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€53k▼ 16.6%
2024 · €64k
2018: €-29k
2019: €-62k
2020: €-59k
2021: €-43k
2022: €-12k
2023: €639
2024: €64k
2018 → 2025
Total assets
€229k▼ 20.0%
2024 · €286k
2018: €248k
2019: €214k
2020: €198k
2021: €194k
2022: €188k
2023: €188k
2024: €286k
2018 → 2025
Net result
€-11k
2024 · €63k
2018: €-36k
2019: €-34k
2020: €3k
2021: €16k
2022: €31k
2023: €13k
2024: €63k
2018 → 2025
Working capital
€-118k▼ 57.5%
2024 · €-75k
2018: €-13k
2019: €-46k
2020: €-229k
2021: €-232k
2022: €-196k
2023: €-181k
2024: €-75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-43k-€-12k▲ 72.0%€639€64k▲ 9,854%€53k▼ 16.6%
Operating result€24k-€40k▲ 63.3%€23k▼ 41.6%€77k▲ 228%€2k▼ 98.0%
Net result€16k-€31k▲ 88.4%€13k▼ 59.1%€63k▲ 397%€-11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€171k▼ 5.0%
Current assets
€58k▼ 45.3%
Equity and liabilities €229k
Equity
€53k▼ 16.6%
Debt
€176k▼ 20.9%
The debt ratio falls from 77.8% to 76.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€12k▼
2024 · €85k
Cash flow
€-593▼
2024 · €72k
Solvency
23.2%▲
2024 · 22.2%
Current ratio
0.33▼
2024 · 0.59
Quick ratio
0.33▼
2024 · 0.59
Debt / equity
3.31▼
2024 · 3.49
ROE
-19.9%▼
2024 · 99.0%
ROA
-4.6%▼
2024 · 22.0%
Interest coverage
0.92▼
2024 · 6.31
Debt
€176k▼
2024 · €222k
Debt ≤ 1 year
€176k▼
2024 · €181k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€286k€229k▼
Fixed assets21/28€180k€171k▼
Tangible fixed assets22/27€180k€171k▼
Land and buildings22€161k€155k▼
Plant, machinery and equipment23€8k€8k▼
Other tangible fixed assets26€10k€8k▼
Financial fixed assets28€25€25=
Current assets29/58€106k€58k▼
Amounts receivable within one year40/41€37k€2k▼
Trade receivables40€37k€972▼
Other amounts receivable41€310€593▲
Cash at bank and in hand54/58€69k€57k▼
Equity and liabilities
Total equity and liabilities10/49€286k€229k▼
Equity10/15€64k€53k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Profit (loss) carried forward14€-60k€-71k▼
Amounts payable17/49€222k€176k▼
Amounts payable within one year42/48€181k€176k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Other amounts payable47/48€177k€175k▼
Accrued charges and deferred income492/3€41k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€92k€18k▼
Operating profit (loss)9901€77k€2k▼
Financial income75/76B€0€423▲
Recurring financial income75€0€423▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€63k€-11k▼
Profit (loss) for the period9904€63k€-11k▼
Profit (loss) for the period to be appropriated9905€63k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-71k▼
Profit (loss) brought forward from the previous period14P€-123k€-60k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment2 facts ▸
- General meeting, 06/06/2026
- Director reappointment, Rita Verhaeghe (statutaire bestuurder)
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €63k ▲397%
Operating result €77k, net result €63k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Rita Verhaeghe
CurrentStatutaire bestuurder · since 06-06-2026
06-06-2026
Mandate renewed as Statutaire bestuurder
Location & real-estate footprint
Registered office, Kortrijk · 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 Crossroads Bank.
Zonnelaan(Kor) 98500 KortrijkGround area
1,043 m²
Building footprint
249 m²
Volume, LiDAR
1,364 m³
Parcel 34352C0395/00D006, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMA NV
since 19912.051.529.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0395/00D006 | Flanders | 1,043 m² | 1 · 249 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
3 connected companiesLinked via shared directors
viaRita Verhaeghe · Statutaire bestuurder
→
viaRita Verhaeghe · Director
former→
viaRita Verhaeghe · Director
former→
Similar companies · same sector, comparable size
GOLDEN SET
BE 0722.904.673
Destelbergen · Eq €53k
VDV IMMO
BE 0749.775.653
Assenede · Eq €53k
IMMO EPPAM
BE 0806.527.581
Geer · Eq €53k
CARRE - MEGA
BE 0462.776.112
Diest · Eq €53k
R&C Immo
BE 0687.819.377
Ukkel · Eq €53k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 3,401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-07-1990
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.