Immasy
ActiveSummary
Immasy has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,343 and a net result of €50,519. Equity is growing by ~70.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-11
Solvency35▼-10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.35 in 2024; short-term debt: 22.9% and cash: 0.6% of total assets), and 89.6% 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
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 dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
4.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 11 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 10 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#10 company by total assets in Mettet, Real estate sector
Equity
€117,343▲ 75.6%
2024 · €66,825
Total assets
€1.1m▲ 240%
2024 · €331,024
Net result
€50,519▲ 15.9%
2024 · €43,584
Working capital
-€143,541▼ 103%
2024 · -€70,574
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
Line202320242025
Operating result€28,978-€61,055▲ 111%€72,891▲ 19.4%
Net result€18,240within the sector's middle half-€43,584above the sector's middle half▲ 139%€50,519above the sector's middle half▲ 15.9%
Equity€23,240within the sector's middle half-€66,825within the sector's middle half▲ 188%€117,343within the sector's middle half▲ 75.6%
Total assets€263,930within the sector's middle half-€331,024within the sector's middle half▲ 25.4%€1.1mabove the sector's middle half▲ 240%
Debt€240,690-€264,199▲ 9.8%€1.0m▲ 282%
Working capital-€56,671within the sector's middle half--€70,574within the sector's middle half▼ 24.5%-€143,541below the sector's middle half▼ 103%
Solvency8.8%within the sector's middle half-20.2%within the sector's middle half▲ 11.4pp10.4%within the sector's middle half▼ 9.8pp
Current ratio0.30below the sector's middle half-0.35below the sector's middle half▲ 0.060.44within the sector's middle half▲ 0.09
Return on assets (ROA)6.9%within the sector's middle half-13.2%above the sector's middle half▲ 6.3pp4.5%within the sector's middle half▼ 8.7pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€1.0m ▲ 246%
Current assets
€114,298 ▲ 199%
Equity and liabilities €1.1m
Equity
€117,343 ▲ 75.6%
Debt
€1.0m ▲ 282%
Debt's share of the balance-sheet total rises from 79.8% to 89.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€83,120▲
2024 · €71,868
Cash flow
€60,747▲
2024 · €54,398
Debt to equity
8.60▲
2024 · 3.95
ROE
43.1%▼
2024 · 65.2%
Interest coverage
8.77▼
2024 · 10.03
Debt ≤ 1 year
€257,839▲
2024 · €108,849
Debt > 1 year
€750,023▲
2024 · €154,157
Income taxes
€12,898▲
2024 · €10,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,337 | €10,813 | €10,228 | ▼ 5.4% |
| Other operating charges640/8 | €3,787 | €2,115 | €1,579 | ▼ 25.3% |
| Gross operating margin9900 | €64,102 | €73,983 | €84,699 | ▲ 14.5% |
| Operating profit (loss)9901 | €28,978 | €61,055 | €72,891 | ▲ 19.4% |
| Financial income75/76B | €40 | €0 | - | - |
| Recurring financial income75 | €40 | €0 | - | - |
| Financial charges65/66B | €6,152 | €7,168 | €9,475 | ▲ 32.2% |
| Recurring financial charges65 | €6,152 | €7,168 | €9,475 | ▲ 32.2% |
| Profit (loss) for the period before taxes9903 | €22,866 | €53,886 | €63,417 | ▲ 17.7% |
| Income taxes67/77 | €4,626 | €10,302 | €12,898 | ▲ 25.2% |
| Profit (loss) for the period9904 | €18,240 | €43,584 | €50,519 | ▲ 15.9% |
| Profit (loss) for the period to be appropriated9905 | €18,240 | €43,584 | €50,519 | ▲ 15.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €263,930 | €331,024 | €1.1m | ▲ 240% |
| Fixed assets21/28 | €240,041 | €292,749 | €1.0m | ▲ 246% |
| Tangible fixed assets22/27 | €240,041 | €292,749 | €312,583 | ▲ 6.8% |
| Land and buildings22 | €225,746 | €237,432 | €306,888 | ▲ 29.3% |
| Assets under construction and advance payments27 | €14,295 | €55,316 | €5,695 | ▼ 89.7% |
| Financial fixed assets28 | - | - | €700,057 | - |
| Current assets29/58 | €23,889 | €38,275 | €114,298 | ▲ 199% |
| Amounts receivable within one year40/41 | €15,067 | €35,838 | €106,613 | ▲ 197% |
| Trade receivables40 | €13,136 | €35,838 | €106,613 | ▲ 197% |
| Other amounts receivable41 | €1,931 | €0 | - | - |
| Cash at bank and in hand54/58 | €8,403 | €2,000 | €7,218 | ▲ 261% |
| Deferred charges and accrued income490/1 | €419 | €438 | €467 | ▲ 6.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €263,930 | €331,024 | €1.1m | ▲ 240% |
| Equity10/15 | €23,240 | €66,825 | €117,343 | ▲ 75.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €18,000 | €60,000 | €110,000 | ▲ 83.3% |
| Distributable reserves133 | €18,000 | €60,000 | €110,000 | ▲ 83.3% |
| Profit (loss) carried forward14 | €240 | €1,825 | €2,343 | ▲ 28.4% |
| Amounts payable17/49 | €240,690 | €264,199 | €1.0m | ▲ 282% |
| Amounts payable after more than one year17 | €160,130 | €154,157 | €750,023 | ▲ 387% |
| Financial debts170/4 | €160,130 | €154,157 | €749,273 | ▲ 386% |
| Other amounts payable178/9 | - | - | €750 | - |
| Amounts payable within one year42/48 | €80,560 | €108,849 | €257,839 | ▲ 137% |
| Current portion of amounts payable after more than one year42 | €5,728 | €6,459 | €97,412 | ▲ 1,408% |
| Trade debts44 | €15,747 | €3,407 | €29,530 | ▲ 767% |
| Suppliers440/4 | €15,747 | €3,407 | €29,530 | ▲ 767% |
| Taxes, remuneration and social security45 | €10,155 | €25,674 | €32,044 | ▲ 24.8% |
| Taxes450/3 | €10,155 | €25,674 | €32,044 | ▲ 24.8% |
| Other amounts payable47/48 | €48,930 | €73,309 | €98,853 | ▲ 34.8% |
| Accrued charges and deferred income492/3 | - | €1,193 | €1,733 | ▲ 45.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,240 | €43,584 | €50,519 | ▲ 15.9% |
| + Depreciation and write-downs630 | €31,337 | €10,813 | €10,228 | ▼ 5.4% |
| Operating cash flow (approximation) | €49,577 | €54,398 | €60,747 | ▲ 11.7% |
| Investment in fixed assets (approximation) | - | -€63,521 | -€730,120 | ▼ 1,049% |
| Change in cash | - | -€6,403 | €5,218 | ▲ 181% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2023net €50,519 ▲15.9%
Operating result €72,891, net result €50,519, both a record.
31-12
Financial
Equity above €100,000Eq €117,343 ▲75.6%
3 profitable years in a row build equity to €117,343.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mettet · 1 establishment unit since 2022
Ground area
1,675 m²
Building footprint
125 m²
Volume, LiDAR
1,114 m³
Parcel 92087I0200/00A008, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Immasy SRL
since 20222.339.598.824
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92087I0200/00A008 | Wallonia | 1,675 m² | 1 · 125 m² | 9.7 m · 3 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.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
METTET MATERIAUX 100%1 subsidiary
- SDD CHASSIS 100%
According to the 2025 annual accounts of Immasy 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, comparable size
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IMMO CAPITALE SERVICES
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NATAL PATRIMONIA
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Of 3,762 companies in sector 68321 we hold annual accounts for 1,394. 1,002 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0793969843
Also
9925:BE0793969843
Registered
17-02-2026
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.