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IMMO 353

Active
Private limited companyfounded 2025active for 1 yearAvenue du Parc 9, 4650 Herve, BelgiumKBO/BCE: BE 1019.504.147
Summary

IMMO 353 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,182 and a net result of €3,632. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471922.

Turnover
≈ €180,000
Estimated: probably between €110,000 and €330,000
Total assets
€245,581
Net result
€3,632
Working capital
€65,763

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
Assets €245,581
Fixed assets €179,020
Current assets €66,562
Equity and liabilities €245,581
Equity €225,182
Debt €20,399
Debt finances 8.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€39,900
Cash flow
€39,144
Current ratio
83.32
Debt to equity
0.09
ROE
1.6%
ROA
1.5%
Interest coverage
over 100
Debt ≤ 1 year
€799
Debt > 1 year
€19,600
Income taxes
€833

Peer companies

Historical observation

Of the 185 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 98.9% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
0.5% stopped otherwise
98.9% 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 185 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€245,581
Fixed assets21/28€179,020
Tangible fixed assets22/27€179,020
Land and buildings22€176,766
Plant, machinery and equipment23€2,253
Current assets29/58€66,562
Cash at bank and in hand54/58€61,684
Deferred charges and accrued income490/1€4,877
Equity and liabilities
Total equity and liabilities10/49€245,581
Equity10/15€225,182
Contributions10/11€8,798
Reserves13€191,675
Tax-exempt reserves132€8,880
Distributable reserves133€182,795
Profit (loss) carried forward14€24,709
Amounts payable17/49€20,399
Amounts payable after more than one year17€19,600
Other amounts payable178/9€19,600
Amounts payable within one year42/48€799
Taxes, remuneration and social security45€799
Taxes450/3€799
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,512
Other operating charges640/8€5,526
Gross operating margin9900€45,426
Operating profit (loss)9901€4,387
Financial income75/76B€115
Recurring financial income75€115
Financial charges65/66B€38
Recurring financial charges65€38
Profit (loss) for the period before taxes9903€4,465
Income taxes67/77€833
Profit (loss) for the period9904€3,632
Profit (loss) for the period to be appropriated9905€3,632
Appropriation of the result
Profit (loss) to be appropriated9906€24,709
Profit (loss) brought forward from the previous period14P€21,078

The notes to these accounts (9 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€35,512
Other operating charges640/8€5,526
Gross operating margin9900€45,426
Operating profit (loss)9901€4,387
Financial income75/76B€115
Recurring financial income75€115
Financial charges65/66B€38
Recurring financial charges65€38
Profit (loss) for the period before taxes9903€4,465
Income taxes67/77€833
Profit (loss) for the period9904€3,632
Profit (loss) for the period to be appropriated9905€3,632
Line2025
Assets
Total assets20/58€245,581
Fixed assets21/28€179,020
Tangible fixed assets22/27€179,020
Land and buildings22€176,766
Plant, machinery and equipment23€2,253
Current assets29/58€66,562
Cash at bank and in hand54/58€61,684
Deferred charges and accrued income490/1€4,877
Equity and liabilities
Total equity and liabilities10/49€245,581
Equity10/15€225,182
Contributions10/11€8,798
Reserves13€191,675
Tax-exempt reserves132€8,880
Distributable reserves133€182,795
Profit (loss) carried forward14€24,709
Amounts payable17/49€20,399
Amounts payable after more than one year17€19,600
Other amounts payable178/9€19,600
Amounts payable within one year42/48€799
Taxes, remuneration and social security45€799
Taxes450/3€799
Line2025
Profit (loss) for the period9904€3,632
+ Depreciation and write-downs630€35,512
Operating cash flow (approximation)€39,144

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00471922

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