Equity
€2.9m ▲ 3.1%
IMMO 4 has made a profit without a break since 2011.
IMMO 4
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €480,344 (2022)
€210,000▼ 5.0%
lowest -€67,893 (2009)
€88,233▲ 1.1%
peak €2.9m (2025)
€2.9m▲ 3.1%
€3.3m▼ 2.0%
Board2 names since 2021
2 directorsDEBLAERE Jean-Marie and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Cash from €8,663 to €5,174
Key points
from the 2025 annual accountsFilings
23 annual accounts since 2003
The last five annual accounts were filed 20 to 31 days before the end of the period.
Position in the sector
€2.9m
More equity than 95% of companies in real estate. Sector median €73,119 · 17,206 companies.
Checked score
87
Excellent
Financially stronger than 41% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.39, cash €5,174
lowers risk
Size: total assets €6.2m
Founded in 2001
Figures for financial year 2025 (filed on 06-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 66% of them on solvency, 22% on liquidity, 20% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as IMMO 4 has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of IMMO 4 itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for IMMO 4. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.3 in 2024), below the usual 1.5. Short-term debt is 45.3% and cash 0.1% of total assets. 52.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
24 days early
2023
20 days early
2022
31 days early
2021
30 days early
2020
39 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475606935
Changes of role: DEBLAERE Jean-Marie (director) and DEFRAEYE Sophie (director)
“Het waarnemen van alle bestuurders- en zaakvoerdersmandaten, het uitoefenen van opdrachten en functies die…” (deed in Dutch) · Gazette deed
Environmental permit refused
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Wingene
Registered office moved within Wingene
New registered office: Hertsbergeveldstraat 5, 8750 WINGENE · Previous registered office: Rozendalestraat 47, 8750 WINGENE · Board meeting of 15-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMMO 4 Wingene | €6.2m | €210,000 | 47.3% | - |
| VANDEKERCKHOVE JOHN Wevelgem | €4.9m | €222,986 | 44.4% | - |
| LOTAR VASTGOED ONTWIKKELING Lommel | €5.8m | €212,898 | 0.6% | 0.9 |
| PRIMABEL Dison | €6.2m | €217,441 | 20.0% | - |
| Alfa Omega Tielt-Winge | €6.9m | €214,676 | 25.2% | - |
| IMMO LEDUC DE HAMONT Bilzen-Hoeselt | €5.3m | €199,023 | 31.6% | - |
| midi developpement Uccle | €5.6m | €326,866 | 15.0% | - |
These companies have the same main activity as IMMO 4: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €4.9m and €6.9m, founded between 1998 and 2004.
Official details
Source: KBO- Status
- Active since 11-09-2001Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.095.384.8928750 Wingene, since 30-11-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- ≈ €380,000estimated
- €6.2m▲ 0.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on IMMO 4
IMMO 4 files the micro format. That format states no turnover. The gross margin rose from -€1,905 in 2007 to €210,000 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMMO 4
- What is the company number of IMMO 4?
- The company number of IMMO 4 is 0475.606.935. The VAT number is the same number with BE in front: BE 0475.606.935.
- Where is IMMO 4 based?
- The registered office is at Hertsbergeveldstraat 5, 8750 Wingene.Company details
- What does IMMO 4 do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of IMMO 4?
- IMMO 4 is a private limited company (BV).
- When was IMMO 4 founded?
- IMMO 4 was founded on 11-09-2001.
- Is IMMO 4 still active?
- Yes, IMMO 4 is an active enterprise in the KBO register.
- What is the turnover of IMMO 4?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €210,000 and 49 comparable companies (NACE 681). It probably lies between €280,000 and €700,000.Financials
- Is IMMO 4 profitable?
- In financial year 2025, IMMO 4 made a profit of €88,233.
- Where can I find the annual accounts of IMMO 4?
- IMMO 4 filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMMO 4 due?
- IMMO 4 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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