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Immersimmo

Active
Private limited companyfounded 20215 yrs activeKempische Kaai 75, 3500 Hasselt, BelgiumKBO/BCE: BE 0772.652.213
Summary

Immersimmo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393,254 and a net result of -€8,277. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 32% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+5
Solvency38=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.23 against 0.23 in 2024; short-term debt: 82.6% and cash: 2.1% of total assets), and 87.1% of the assets are financed with debt.
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Signals

Four 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 5 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€8,277
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
29 d early
2024
35 d early
2023
29 d early
2022
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 28 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 3 July (4 of the last 4 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

Immersimmo was incorporated on 18 August 2021 as a Private limited company.1 Total assets rose from EUR 557,995 in 2022 to EUR 3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€393,254▼ 2.1%
2024 · €401,531
Total assets
€3.0m▼ 0.4%
2024 · €3.1m
Net result
-€8,277▲ 61.5%
2024 · -€21,506
Working capital
-€1.9m▲ 0.1%
2024 · -€1.9m
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
Line2022202320242025
Operating result-€4,520-€1,596€33,795▲ 2,017%€32,400▼ 4.1%
Net result-€4,520within the sector's middle half-€1,549within the sector's middle half-€21,506below the sector's middle half-€8,277within the sector's middle half▲ 61.5%
Equity€421,488within the sector's middle half-€423,037within the sector's middle half▲ 0.4%€401,531within the sector's middle half▼ 5.1%€393,254within the sector's middle half▼ 2.1%
Total assets€557,995below the sector's middle half-€3.1mwithin the sector's middle half▲ 448%€3.1mwithin the sector's middle half▼ 0.3%€3.0mwithin the sector's middle half▼ 0.4%
Debt€2,474-€2.5m▲ 101,117%€2.5m▲ 0.8%€2.5m▲ 0.1%
Working capital€555,522within the sector's middle half--€1.9mbelow the sector's middle half-€1.9mbelow the sector's middle half=-€1.9mbelow the sector's middle half▲ 0.1%
Solvency75.5%above the sector's middle half-13.8%within the sector's middle half▼ 61.7pp13.2%within the sector's middle half▼ 0.7pp12.9%within the sector's middle half▼ 0.2pp
Current ratio0.23below the sector's middle half0.23below the sector's middle half=0.23below the sector's middle half=
Return on assets (ROA)-0.8%within the sector's middle half-0.1%within the sector's middle half▲ 0.9pp-0.7%within the sector's middle half▼ 0.8pp-0.3%within the sector's middle half▲ 0.4pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2022: -€4,520-€4,520Net result 2022: -€4,520-€4,520Operating result 2023: €1,596€1,596Net result 2023: €1,549€1,549Operating result 2024: €33,795€33,795Net result 2024: -€21,506-€21,506Operating result 2025: €32,400€32,400Net result 2025: -€8,277-€8,2772022202320242025-€40,000-€20,000€0€20,000€40,000Operating result 2023: €1,596€1,600Net result 2023: €1,549€1,550Operating result 2024: €33,795€33,800Net result 2024: -€21,506-€21,500Operating result 2025: €32,400€32,400Net result 2025: -€8,277-€8,280202320242025
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets €2.5m ▼ 1.0%
Current assets €582,638 ▲ 1.8%
Equity and liabilities €3.0m
Equity €393,254 ▼ 2.1%
Provisions €120,134 ▼ 5.3%
Debt €2.5m ▲ 0.1%
Debt's share of the balance-sheet total rises from 82.7% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94,350▼
2024 · €95,746
Cash flow
€53,674▲
2024 · €40,445
Debt to equity
6.42▲
2024 · 6.29
ROE
-2.1%▲
2024 · -5.4%
Interest coverage
2.14▲
2024 · 1.54
Debt ≤ 1 year
€2.5m▲
2024 · €2.5m
Income taxes
€3,255
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 747 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
1.2% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 747 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.1m€3.0m▼
Fixed assets21/28€2.5m€2.5m▼
Tangible fixed assets22/27€2.5m€2.5m▼
Land and buildings22€2.5m€2.5m▼
Current assets29/58€572,313€582,638▲
Amounts receivable within one year40/41€515,291€515,291=
Other amounts receivable41€515,291€515,291=
Cash at bank and in hand54/58€54,682€64,957▲
Deferred charges and accrued income490/1€2,340€2,389▲
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.0m▼
Equity10/15€401,531€393,254▼
Contributions10/11€23,908€23,908=
Reserves13€380,509€360,403▼
Tax-exempt reserves132€380,509€360,403▼
Profit (loss) carried forward14-€2,885€8,943▲
Provisions and deferred taxes16€126,836€120,134▼
Deferred taxes168€126,836€120,134▼
Amounts payable17/49€2.5m€2.5m▲
Amounts payable within one year42/48€2.5m€2.5m▲
Financial debts43€2.0m€2.0m=
Credit institutions430/8€2.0m€2.0m=
Taxes, remuneration and social security45-€3,255
Taxes450/3-€3,255
Other amounts payable47/48€501,085€506,085▲
Accrued charges and deferred income492/3€23,203€16,622▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61,951€61,951=
Other operating charges640/8€62€62=
Gross operating margin9900€95,808€94,412▼
Operating profit (loss)9901€33,795€32,400▼
Financial charges65/66B€62,003€44,123▼
Recurring financial charges65€62,003€44,123▼
Profit (loss) for the period before taxes9903-€28,207-€11,723▲
Transfer from deferred taxes780€6,702€6,702=
Income taxes67/77-€3,255
Profit (loss) for the period9904-€21,506-€8,277▲
Transfer from tax-exempt reserves789€20,105€20,105=
Profit (loss) for the period to be appropriated9905-€1,401€11,828▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,885€8,943▲
Profit (loss) brought forward from the previous period14P-€1,484-€2,885▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,679€61,951€61,951=
Other operating charges640/8€62€62€62€62=
Non-recurring operating charges66A€2,047----
Gross operating margin9900-€2,412€6,337€95,808€94,412▼ 1.5%
Operating profit (loss)9901-€4,520€1,596€33,795€32,400▼ 4.1%
Financial income75/76B-€0---
Recurring financial income75-€0---
Financial charges65/66B-€543€62,003€44,123▼ 28.8%
Recurring financial charges65-€543€62,003€44,123▼ 28.8%
Profit (loss) for the period before taxes9903-€4,520€1,053-€28,207-€11,723▲ 58.4%
Transfer from deferred taxes780-€496€6,702€6,702=
Income taxes67/77---€3,255-
Profit (loss) for the period9904-€4,520€1,549-€21,506-€8,277▲ 61.5%
Transfer from tax-exempt reserves789-€1,487€20,105€20,105=
Profit (loss) for the period to be appropriated9905-€4,520€3,036-€1,401€11,828▲ 944%
Line2022202320242025Change
Assets
Total assets20/58€557,995€3.1m€3.1m€3.0m▼ 0.4%
Fixed assets21/28-€2.5m€2.5m€2.5m▼ 1.0%
Tangible fixed assets22/27-€2.5m€2.5m€2.5m▼ 1.0%
Land and buildings22-€2.5m€2.5m€2.5m▼ 1.0%
Current assets29/58€557,995€574,890€572,313€582,638▲ 1.8%
Amounts receivable within one year40/41€557,995€557,995€515,291€515,291=
Other amounts receivable41€557,995€557,995€515,291€515,291=
Cash at bank and in hand54/58-€16,894€54,682€64,957▲ 18.8%
Deferred charges and accrued income490/1--€2,340€2,389▲ 2.1%
Equity and liabilities
Total equity and liabilities10/49€557,995€3.1m€3.1m€3.0m▼ 0.4%
Equity10/15€421,488€423,037€401,531€393,254▼ 2.1%
Contributions10/11€23,908€23,908€23,908€23,908=
Reserves13€402,101€400,614€380,509€360,403▼ 5.3%
Tax-exempt reserves132€402,101€400,614€380,509€360,403▼ 5.3%
Profit (loss) carried forward14-€4,520-€1,484-€2,885€8,943▲ 410%
Provisions and deferred taxes16€134,034€133,538€126,836€120,134▼ 5.3%
Deferred taxes168€134,034€133,538€126,836€120,134▼ 5.3%
Amounts payable17/49€2,474€2.5m€2.5m€2.5m▲ 0.1%
Amounts payable within one year42/48€2,474€2.5m€2.5m€2.5m▲ 0.3%
Financial debts43-€2.0m€2.0m€2.0m=
Credit institutions430/8-€2.0m€2.0m€2.0m=
Trade debts44€348----
Suppliers440/4€348----
Taxes, remuneration and social security45---€3,255-
Taxes450/3---€3,255-
Other amounts payable47/48€2,126€503,789€501,085€506,085▲ 1.0%
Accrued charges and deferred income492/3--€23,203€16,622▼ 28.4%
Line2022202320242025Change
Profit (loss) for the period9904-€4,520€1,549-€21,506-€8,277▲ 61.5%
+ Depreciation and write-downs630-€4,679€61,951€61,951=
Operating cash flow (approximation)-€4,520€6,228€40,445€53,674▲ 32.7%
Investment in fixed assets (approximation)---€56,818-€38,323▲ 32.6%
Change in cash--€37,788€10,275▼ 72.8%

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
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€21,506
Net result drops to -€21,506, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €1,549
Net result €1,549 after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
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, Hasselt · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
7,392 m²
Building footprint
1,703 m²
Volume, LiDAR
33,467 m³
Parcel 71327G0279/00Z002, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
30 companies at this address See who is registered here
1 establishment unit
Immersimmo
Kempische Kaai 75, 3500 HasseltReal estate development
since 20212.353.988.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0279/00Z002 Flanders 7,392 m² 1 · 1,703 m² 23.4 m · 6 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 owner

Chain of control

  1. STEPS INVEST 99.95%
  2. Immersimmo

Highest known parent: STEPS INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 4,955 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
Founded18-08-2021
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 0208:0772652213
Registered 15-10-2025

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.