IMMO 3&4
ActiveIMMO 3&4 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-13k. Equity is shrinking by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 1968 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -53 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-66
Growth58=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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 2025Age of the figures
Age of the figures
8 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
14 d late
2023
29 d late
2022
32 d early
2021
30 d late
2020
139 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-5k
2024 · €8k
2020: €31k
2021: €21k
2022: €23k
2023: €16k
2024: €8k
2020 → 2025
Total assets
€2k▼ 82.8%
2024 · €13k
2020: €31k
2021: €27k
2022: €30k
2023: €19k
2024: €13k
2020 → 2025
Net result
€-13k▼ 68.1%
2024 · €-8k
2020: €-19k
2021: €-10k
2022: €2k
2023: €-8k
2024: €-8k
2020 → 2025
Working capital
€-5k
2024 · €7k
2020: €24k
2021: €16k
2022: €19k
2023: €13k
2024: €7k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€23k▲ 10.2%€16k▼ 33.2%€8k▼ 48.6%€-5k
Operating result€-10k-€2k€-8k€-8k▲ 1.0%€-13k▼ 59.8%
Net result€-10k-€2k€-8k€-8k▲ 2.4%€-13k▼ 68.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €8k in 2024; the loss grows and 2025 is the lowest year so far.
Key figures and ratios
EBITDA
€-12k▼
2024 · €-6k
Cash flow
€-12k▼
2024 · €-6k
Interest coverage
-70.05▼
2024 · -46.37
Debt
€7k▲
2024 · €5k
Debt ≤ 1 year
€7k▲
2024 · €5k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13k€2k▼
Fixed assets21/28€612€0▼
Tangible fixed assets22/27€612€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€612€0▼
Current assets29/58€12k€2k▼
Amounts receivable within one year40/41€12k€2k▼
Trade receivables40€44€0▼
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€908€303▼
Equity and liabilities
Total equity and liabilities10/49€13k€2k▼
Equity10/15€8k€-5k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-42k€-55k▼
Amounts payable17/49€5k€7k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€558€713▲
Suppliers440/4€558€713▲
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€612▼
Other operating charges640/8€387€10k▲
Gross operating margin9900€-6k€-3k▲
Operating profit (loss)9901€-8k€-13k▼
Financial income75/76B€638€352▼
Recurring financial income75€638€352▼
Financial charges65/66B€136€175▲
Recurring financial charges65€136€175▲
Profit (loss) for the period before taxes9903€-8k€-13k▼
Profit (loss) for the period9904€-8k€-13k▼
Profit (loss) for the period to be appropriated9905€-8k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-55k▼
Profit (loss) brought forward from the previous period14P€-34k€-42k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 139 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Neupré · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue du Bois Impérial Rognac(N) 204121 NeupréGround area
2,636 m²
Building footprint
336 m²
Volume, LiDAR
1,838 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Herve 57, 4651 Herve
since 20192.330.615.238
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0136/00F003 | Wallonia | 2,414 m² | 1 · 243 m² | 6.7 m · 2 fl. |
| 63006C0038/00M000 | Wallonia | 222 m² | 1 · 93 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,657 companies in sector 90111 we hold annual accounts for 381. 234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2019
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.