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Immersive Projects

Active
Private limited companyfounded 20242 yrs activeMariënvillestraat (Nm) 18, 2920 Kalmthout, BelgiumKBO/BCE: BE 1009.472.763
Summary

Immersive Projects has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€120,247) and a net result of -€123,247. Its solvency ranks better than 9% of 639 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16; short-term debt: 123.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-92%
Return on assets
-94.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 1 filing
Deviation from the deadline
2025
19 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Immersive Projects was incorporated on 17 May 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Equity
-€120,247
Total assets
€130,640
Net result
-€123,247
Working capital
-€135,801

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €130,640
Fixed assets €105,487
Current assets €25,153
Key figures and ratios
2025 value
EBITDA
-€88,031
Cash flow
-€95,510
Solvency
-92.0%
Current ratio
0.16
Debt to equity
-2.09
ROA
-94.3%
Interest coverage
-11.77
Debt
€250,887
Debt ≤ 1 year
€160,954
Debt > 1 year
€89,933

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 74% 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 7,663 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€130,640
Fixed assets21/28€105,487
Tangible fixed assets22/27€105,487
Plant, machinery and equipment23€4,548
Leasing and similar rights25€85,600
Other tangible fixed assets26€15,339
Current assets29/58€25,153
Amounts receivable within one year40/41€25,153
Trade receivables40€23,995
Other amounts receivable41€1,158
Equity and liabilities
Total equity and liabilities10/49€130,640
Equity10/15-€120,247
Contributions10/11€3,000
Profit (loss) carried forward14-€123,247
Amounts payable17/49€250,887
Amounts payable after more than one year17€89,933
Financial debts170/4€89,933
Amounts payable within one year42/48€160,954
Current portion of amounts payable after more than one year42€29,395
Financial debts43€11,289
Other loans439€11,289
Trade debts44€16,224
Suppliers440/4€16,224
Other amounts payable47/48€104,047
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,737
Other operating charges640/8€120
Gross operating margin9900-€87,911
Operating profit (loss)9901-€115,767
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€7,480
Recurring financial charges65€7,480
Profit (loss) for the period before taxes9903-€123,247
Profit (loss) for the period9904-€123,247
Profit (loss) for the period to be appropriated9905-€123,247
Appropriation of the result
Profit (loss) to be appropriated9906-€123,247
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,737
Other operating charges640/8€120
Gross operating margin9900-€87,911
Operating profit (loss)9901-€115,767
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€7,480
Recurring financial charges65€7,480
Profit (loss) for the period before taxes9903-€123,247
Profit (loss) for the period9904-€123,247
Profit (loss) for the period to be appropriated9905-€123,247
Line2025
Assets
Total assets20/58€130,640
Fixed assets21/28€105,487
Tangible fixed assets22/27€105,487
Plant, machinery and equipment23€4,548
Leasing and similar rights25€85,600
Other tangible fixed assets26€15,339
Current assets29/58€25,153
Amounts receivable within one year40/41€25,153
Trade receivables40€23,995
Other amounts receivable41€1,158
Equity and liabilities
Total equity and liabilities10/49€130,640
Equity10/15-€120,247
Contributions10/11€3,000
Profit (loss) carried forward14-€123,247
Amounts payable17/49€250,887
Amounts payable after more than one year17€89,933
Financial debts170/4€89,933
Amounts payable within one year42/48€160,954
Current portion of amounts payable after more than one year42€29,395
Financial debts43€11,289
Other loans439€11,289
Trade debts44€16,224
Suppliers440/4€16,224
Other amounts payable47/48€104,047
Line2025
Profit (loss) for the period9904-€123,247
+ Depreciation and write-downs630€27,737
Operating cash flow (approximation)-€95,510

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

2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
NBB filing
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, Kalmthout · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
248 m²
Volume, LiDAR
1,181 m³
Parcel 11662C0015/00R000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immersive Projects
Mariënvillestraat (Nm) 18, 2920 KalmthoutPrinting and reproduction of recorded media
since 20242.360.069.485
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662C0015/00R000 Flanders 1.4 ha 1 · 248 m² 8.7 m · 2 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

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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009472763
Registered 31-03-2026

Register as of 27 September 2026 · Peppol Directory

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