IMMO 2021

Active

Private limited company (pre-2019)founded 20179 yrs activeTieltsteenweg 12, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0674.614.709

Summary

The annual accounts of IMMO 2021 for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €12,712 and a net result of -€15,726. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 16759 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

IMMO 2021ActiveChecked score 54/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121Real estate development NACE 41101

1 site

Size

€338,773total assets 2025

Equity: €12,712
Loss: -€15,726

Turnover not published (abridged schema)

Financial health

54 Fair Checked score 2025

Bankruptcy chance 12 m: 0.2%

Structure

Accounts on time0 of 1 deed read

Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Equity €12,712 (3.8% of total assets)+ Size: total assets €338,773+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 0.75, cash €150,168Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 32% of its sector peers (NACE 68, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 29-4

equity 3.8% of total assets

Liquidity 69-1

short-term debt 59.3% · cash 44.3%

Profitability 13-60

return on assets -4.6%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -2.1% vs 12-2024 02-2025: 0.1%▼ -1.1% vs 01-2025lowest value 03-2025: 0.1%▲ +1.1% vs 02-2025 04-2025: 0.1%▲ +15.1% vs 03-2025 05-2025: 0.2%▲ +82.2% vs 04-2025 06-2025: 0.2%▼ -21.0% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%▼ -1.9% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▲ +9.9% vs 12-2025 02-2026: 0.2%▲ +1.8% vs 01-2026 03-2026: 0.2%▼ -3.0% vs 02-2026 04-2026: 0.2%▲ +19.5% vs 03-2026 05-2026: 0.4%▲ +78.6% vs 04-2026highest value 06-2026: 0.2%▼ -46.9% vs 05-2026 07-2026: 0.2%● 0.0% vs 06-2026 08-2026: 0.2%▼ -0.5% vs 07-2026 09-2026: 0.2%● 0.0% vs 08-2026 10-2026: 0.2%▼ -1.6% vs 09-2026

Size: total assets €338,773 lowers the probability for this profile
Sector Real estate activities (NACE 68) lowers the probability
Equity €12,712 (3.8% of total assets) raises the probability
Liquidity: current ratio 0.75, cash €150,168 lowers the probability

Credit up to €500 at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.75 against 0.81 in 2024; short-term debt: 59.3% and cash: 44.3% of total assets), and 96.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 24%, liquidity 79%, profitability 15%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €338,773

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Sector Real estate activities (NACE 68)

In the bankruptcy model this factor lowers the probability.

KBO

Equity €12,712 (3.8% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Liquidity: current ratio 0.75, cash €150,168

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

on the day

2024

on the day

2023

1 d early

2022

5 d early

2021

37 d early

2020

30 d early

2019

1 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 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)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 close06-10-2026 today30-04-2027 deadline

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

30-04-26 Annual accounts filedfiscal year 2025 · micro…
30-09-25 Weakest financial yearnet -€15,726
30-04-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Caution: Among the weakest 19% on net resultsector median €5,956 · 16,753 companies -€15,726 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Total assets 20256 fiscal years filed €338,773 View