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Immo

Active
Private limited company (pre-2019)founded 1968active for 58 yearsDistelvinklei 15, 2900 Schoten, BelgiumKBO/BCE: BE 0404.159.111
Summary

Immo has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €41,289, of which €59,000 non-recurring income. Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €170,000
Estimated: probably between €110,000 and €300,000
Total assets
€6.4m▲ 0.6%
2024 · €6.4m
Net result
€41,289▲ 192×
2024 · €215
Working capital
€165,878▲ 54.7%
2024 · €107,237
Trend over the years

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

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 216 times 2024 and is the highest result in the available series.

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

Operating result€0.06m 2025 Net result€0.04m 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.001m-€0.002m▲ 213%-€0.001m-€0.001m▼ 13.7%€67€260▲ 288%€0.06m▲ 216×
Net result€395-€0.001m▲ 227%-€0.001m-€0.001m▼ 13.1%€22€215▲ 878%€0.04m▲ 192×
Equity€3.5m-€3.5m=€3.5m=€3.5m=€3.5m=€3.5m=€3.5m▲ 0.6%
Total assets€6.4m-€6.4m=€6.4m=€6.4m=€6.4m=€6.4m▲ 0.1%€6.4m▲ 0.6%
Debt€2.9m-€2.9m=€2.9m=€2.9m=€2.9m=€2.9m▲ 0.2%€2.9m▲ 0.6%
Working capital€0.1m-€0.1m▲ 1.1%€0.1m▼ 0.9%€0.1m▼ 1.0%€0.1m▲ 0.1%€0.1m▲ 0.2%€0.2m▲ 54.7%
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 €6.4m
Fixed assets €3.4m ▼ 1.1%
Current assets €3.1m ▲ 2.5%
Equity and liabilities €6.4m
Equity €3.5m ▲ 0.6%
Debt €2.9m ▲ 0.6%
Debt's share of the balance-sheet total stays at 45.3%.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.06▲
2024 · 1.04
Debt to equity
0.83=
2024 · 0.83
ROE
1.2%▲
2024 · 0.0%
ROA
0.6%▲
2024 · 0.0%
Debt ≤ 1 year
€2.9m▲
2024 · €2.9m
Income taxes
€14,797
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,887 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97.9% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
97.9% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 1,887 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 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.4m€6.4m▲
Fixed assets21/28€3.4m€3.4m▼
Tangible fixed assets22/27€3.4m€3.4m▼
Land and buildings22€3.4m€3.4m▼
Current assets29/58€3.0m€3.1m▲
Amounts receivable within one year40/41€3.0m€3.1m▲
Other amounts receivable41€3.0m€3.1m▲
Cash at bank and in hand54/58€0.007m€0.008m▲
Deferred charges and accrued income490/1-€45
Equity and liabilities
Total equity and liabilities10/49€6.4m€6.4m▲
Equity10/15€3.5m€3.5m▲
Contributions10/11€1.5m€1.5m=
Revaluation surpluses12€2.2m€2.1m▼
Reserves13€0.003m€0.003m=
Non-distributable reserves130/1€0.001m€0.001m=
Reserves not available under the articles1311€0.001m€0.001m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14-€0.1m-€0.08m▲
Amounts payable17/49€2.9m€2.9m▲
Amounts payable within one year42/48€2.9m€2.9m▲
Trade debts44€172€0.003m▲
Suppliers440/4€172€0.003m▲
Taxes, remuneration and social security45-€0.01m
Taxes450/3-€0.01m
Other amounts payable47/48€2.9m€2.9m=
Accrued charges and deferred income492/3€55€55=
Income statement Code20242025
Non-recurring operating income76A-€0.06m
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.001m€0.06m▲
Operating profit (loss)9901€260€0.06m▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€215€0.06m▲
Income taxes67/77-€0.01m
Profit (loss) for the period9904€215€0.04m▲
Profit (loss) for the period to be appropriated9905€215€0.04m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.08m▲
Profit (loss) brought forward from the previous period14P-€0.1m-€0.1m▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€59,000-
Other operating charges640/8---€1,069€1,046€1,171€1,211▲ 3.4%
Gross operating margin9900€1,748€2,103€146€41€1,113€1,431€57,342▲ 40×
Operating profit (loss)9901€616€1,929-€904-€1,028€67€260€56,131▲ 216×
Financial charges65/66B---€45€45€45€45=
Recurring financial charges65€39€39€45€45€45€45€45=
Profit (loss) for the period before taxes9903€577€1,890-€949-€1,073€22€215€56,086▲ 261×
Income taxes67/77€182€597----€14,797-
Profit (loss) for the period9904€395€1,293-€949-€1,073€22€215€41,289▲ 192×
Profit (loss) for the period to be appropriated9905€395€1,293-€949-€1,073€22€215€41,289▲ 192×
Line2019202020212022202320242025Change
Assets
Total assets20/58€6.4m€6.4m€6.4m€6.4m€6.4m€6.4m€6.4m▲ 0.6%
Fixed assets21/28€3.4m€3.4m€3.4m€3.4m€3.4m€3.4m€3.4m▼ 1.1%
Tangible fixed assets22/27€3.4m€3.4m€3.4m€3.4m€3.4m€3.4m€3.4m▼ 1.1%
Land and buildings22---€3.4m€3.4m€3.4m€3.4m▼ 1.1%
Current assets29/58€3.0m€3.0m€3.0m€3.0m€3.0m€3.0m€3.1m▲ 2.5%
Amounts receivable within one year40/41€3.0m€3.0m€3.0m€3.0m€3.0m€3.0m€3.1m▲ 2.5%
Other amounts receivable41---€3.0m€3.0m€3.0m€3.1m▲ 2.5%
Cash at bank and in hand54/58€0.002m€0.004m€0.002m€0.001m€0.002m€0.007m€0.008m▲ 7.4%
Deferred charges and accrued income490/1------€45-
Equity and liabilities
Total equity and liabilities10/49€6.4m€6.4m€6.4m€6.4m€6.4m€6.4m€6.4m▲ 0.6%
Equity10/15€3.5m€3.5m€3.5m€3.5m€3.5m€3.5m€3.5m▲ 0.6%
Contributions10/11€1.5m€1.5m-€1.5m€1.5m€1.5m€1.5m=
Revaluation surpluses12---€2.2m€2.2m€2.2m€2.1m▼ 1.0%
Reserves13€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m=
Non-distributable reserves130/1---€0.001m€0.001m€0.001m€0.001m=
Reserves not available under the articles1311---€0.001m€0.001m€0.001m€0.001m=
Distributable reserves133---€0.002m€0.002m€0.002m€0.002m=
Profit (loss) carried forward14-€0.1m-€0.1m-€0.1m-€0.1m-€0.1m-€0.1m-€0.08m▲ 33.0%
Amounts payable17/49€2.9m€2.9m€2.9m€2.9m€2.9m€2.9m€2.9m▲ 0.6%
Amounts payable within one year42/48€2.9m€2.9m€2.9m€2.9m€2.9m€2.9m€2.9m▲ 0.6%
Trade debts44€0.001m€0.001m€172€172€172€172€0.003m▲ 17×
Suppliers440/4---€172€172€172€0.003m▲ 17×
Taxes, remuneration and social security45------€0.01m-
Taxes450/3------€0.01m-
Other amounts payable47/48---€2.9m€2.9m€2.9m€2.9m=
Accrued charges and deferred income492/3----€40€55€55=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€395€1,293-€949-€1,073€22€215€41,289▲ 192×
Operating cash flow (approximation)€395€1,293-€949-€1,073€22€215€41,289▲ 192×
Investment in fixed assets (approximation)-€0€0€0€0€0€38,000-
Change in cash-€1,674-€1,536-€1,123€527€5,553€539▼ 90.3%

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 48 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 22-12-2025 2025-00587012
30-06-2024 micro format 31-01-2025 2025-00018679
30-06-2023 micro format 20-02-2024 2024-00031855
30-06-2022 micro format 30-12-2022 2023-20551005
30-06-2021 micro format 30-12-2021 2021-82100013
30-06-2020 micro format 24-12-2020 2020-77000466
30-06-2019 micro format 17-01-2020 2020-01400455
30-06-2018 micro format 01-02-2019 2019-03600107
30-06-2017 micro format 23-01-2018 2018-01900245
30-06-2016 abbreviated format 25-01-2017 2017-01800600

Show all 48 filings

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