IMMO ADIMAR
ActiveSummary
IMMO ADIMAR has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336,011 and a net result of -€493. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
Activity not known1 site
How big
€575,137total assets 2025
- Equity
- €336,011
- Loss
- -€493
Turnover not published (abridged schema)
Who decides
- Board
- 2 members
Accounts 93 d early1 of 7 deeds read
Why 67- No NACE activity registered+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-1
Solvency83▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.31 in 2024; short-term debt: 33.2% and cash: 9.2% of total assets), and 41.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
36 d early
2023
37 d early
2022
41 d early
2021
26 d early
2020
43 d early
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Martine De Kerf (non-statutory director)Appointments: Angela Bauwmans (non-statutory director)…
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€493
Financials
Fiscal year 2025Total assets €575,137Loss -€493Solvency 58.4%Liquidity 0.30
Total assets
€575,137▼ 4.3%
2018 - 2025
Net result
-€493
2018 - 2025
Equity
€336,011▼ 0.1%
2018 - 2025
Solvency
58.4%▲ 2.4pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,639▲ 29.5%€9,466▲ 23.9%€8,119▼ 14.2%€10,159▲ 25.1%€2,429▼ 76.1%
Net result€2,975▲ 440%€5,243▲ 76.2%€3,399▼ 35.2%€5,398▲ 58.8%-€493
Equity€322,464▲ 0.9%€327,707▲ 1.6%€331,106▲ 1.0%€336,504▲ 1.6%€336,011▼ 0.1%
Total assets€643,447▼ 2.3%€634,286▼ 1.4%€611,977▼ 3.5%€600,716▼ 1.8%€575,137▼ 4.3%
Debt€319,347▼ 5.5%€304,942▼ 4.5%€279,234▼ 8.4%€262,575▼ 6.0%€237,489▼ 9.6%
Working capital-€157,376▲ 5.6%-€151,627▲ 3.7%-€144,253▲ 4.9%-€137,663▲ 4.6%-€133,202▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €575,137
Fixed assets
€517,178 ▼ 4.3%
Current assets
€57,959 ▼ 4.1%
Equity and liabilities €575,137
Equity
€336,011 ▼ 0.1%
Provisions
€1,637 =
Debt
€237,489 ▼ 9.6%
Debt's share of the balance-sheet total falls from 43.7% to 41.3%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€25,522▼
2024 · €33,539
Cash flow
€22,600▼
2024 · €28,778
Current ratio
0.30▼
2024 · 0.31
Debt to equity
0.71▼
2024 · 0.78
ROE
-0.1%▼
2024 · 1.6%
ROA
-0.1%▼
2024 · 0.9%
Interest coverage
10.54▼
2024 · 11.33
Debt ≤ 1 year
€191,161▼
2024 · €198,108
Debt > 1 year
€45,388▼
2024 · €63,569
Income taxes
€500▼
2024 · €1,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.6%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,687 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,436 | €22,435 | €22,943 | €23,380 | €23,093 | ▼ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,791 | - |
| Other operating charges640/8 | €6,515 | €6,124 | €7,286 | €7,546 | €6,791 | ▼ 10.0% |
| Gross operating margin9900 | €36,590 | €38,025 | €38,348 | €41,085 | €37,104 | ▼ 9.7% |
| Operating profit (loss)9901 | €7,639 | €9,466 | €8,119 | €10,159 | €2,429 | ▼ 76.1% |
| Financial charges65/66B | €4,664 | €4,011 | €3,483 | €2,961 | €2,422 | ▼ 18.2% |
| Recurring financial charges65 | €4,664 | €4,011 | €3,483 | €2,961 | €2,422 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €2,975 | €5,455 | €4,636 | €7,198 | €7 | ▼ 99.9% |
| Income taxes67/77 | - | €212 | €1,237 | €1,800 | €500 | ▼ 72.2% |
| Profit (loss) for the period9904 | €2,975 | €5,243 | €3,399 | €5,398 | -€493 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €2,975 | €5,243 | €3,399 | €5,398 | -€493 | ▼ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €643,447 | €634,286 | €611,977 | €600,716 | €575,137 | ▼ 4.3% |
| Fixed assets21/28 | €598,160 | €580,384 | €558,189 | €540,271 | €517,178 | ▼ 4.3% |
| Tangible fixed assets22/27 | €598,160 | €580,384 | €558,189 | €540,271 | €517,178 | ▼ 4.3% |
| Land and buildings22 | €598,160 | €580,384 | €558,189 | €540,271 | €517,178 | ▼ 4.3% |
| Current assets29/58 | €45,287 | €53,902 | €53,788 | €60,445 | €57,959 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €1,502 | €2,112 | €4,815 | €5,602 | €4,942 | ▼ 11.8% |
| Trade receivables40 | - | - | €24 | €24 | - | - |
| Other amounts receivable41 | €1,502 | €2,112 | €4,791 | €5,578 | €4,942 | ▼ 11.4% |
| Cash at bank and in hand54/58 | €43,785 | €51,790 | €48,973 | €54,843 | €53,017 | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €643,447 | €634,286 | €611,977 | €600,716 | €575,137 | ▼ 4.3% |
| Equity10/15 | €322,464 | €327,707 | €331,106 | €336,504 | €336,011 | ▼ 0.1% |
| Contributions10/11 | €318,500 | €318,500 | €318,500 | €318,500 | €318,500 | = |
| Reserves13 | €3,964 | €9,207 | €12,500 | €18,000 | €17,511 | ▼ 2.7% |
| Non-distributable reserves130/1 | €3,964 | €9,207 | - | - | - | - |
| Reserves not available under the articles1311 | €3,964 | €9,207 | - | - | - | - |
| Distributable reserves133 | - | - | €12,500 | €18,000 | €17,511 | ▼ 2.7% |
| Profit (loss) carried forward14 | - | - | €106 | €4 | - | - |
| Provisions and deferred taxes16 | €1,636 | €1,637 | €1,637 | €1,637 | €1,637 | = |
| Provisions for liabilities and charges160/5 | €1,636 | €1,637 | €1,637 | €1,637 | €1,637 | = |
| Major repairs and maintenance162 | €1,636 | €1,637 | €1,637 | €1,637 | €1,637 | = |
| Amounts payable17/49 | €319,347 | €304,942 | €279,234 | €262,575 | €237,489 | ▼ 9.6% |
| Amounts payable after more than one year17 | €114,843 | €98,279 | €81,193 | €63,569 | €45,388 | ▼ 28.6% |
| Financial debts170/4 | €114,843 | €98,279 | €81,193 | €63,569 | €45,388 | ▼ 28.6% |
| Amounts payable within one year42/48 | €202,663 | €205,529 | €198,041 | €198,108 | €191,161 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | €16,058 | €16,564 | €17,086 | €17,624 | €18,181 | ▲ 3.2% |
| Trade debts44 | €8,226 | €9,940 | - | - | - | - |
| Suppliers440/4 | €8,226 | €9,940 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €211 | €1,237 | - | - | - |
| Taxes450/3 | - | €211 | €1,237 | - | - | - |
| Other amounts payable47/48 | €178,379 | €178,814 | €179,718 | €180,484 | €172,980 | ▼ 4.2% |
| Accrued charges and deferred income492/3 | €1,841 | €1,134 | - | €898 | €940 | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,975 | €5,243 | €3,399 | €5,398 | -€493 | ▼ 109% |
| + Depreciation and write-downs630 | €22,436 | €22,435 | €22,943 | €23,380 | €23,093 | ▼ 1.2% |
| Operating cash flow (approximation) | €25,411 | €27,678 | €26,342 | €28,778 | €22,600 | ▼ 21.5% |
| Investment in fixed assets (approximation) | - | -€4,659 | -€748 | -€5,462 | €0 | ▲ 100% |
| Change in cash | - | €8,005 | -€2,817 | €5,870 | -€1,826 | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
2 directors
Directors
Directors
2 directors, last change in 2026
Angela Bauwmans
CurrentNon-statutory director · since 01-05-2026
Diego Bauwmans
CurrentNon-statutory director · since 01-05-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Angela Bauwmans |
|
| Diego Bauwmans |
|
| Martine De Kerf |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Timeline
12 eventsLatest 10-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
State Gazette act
Resignation: Martine De Kerf (non-statutory director)Appointments: Angela Bauwmans (non-statutory director) and Diego Bauwmans (non-statutory director) · Director discharge5 facts ▸
State Gazette act
Resignation: Martine De Kerf (non-statutory director)
Appointments: Angela Bauwmans (non-statutory director) and Diego Bauwmans (non-statutory director) · Director discharge5 facts ▸
- General meeting, 29-04-2026
- Director resignation, Martine De Kerf (non-statutory director)
- Director discharge, Martine De Kerf
- Director appointment, Angela Bauwmans (non-statutory director)
- Director appointment, Diego Bauwmans (non-statutory director)
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€493
Net result drops to -€493, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 24-04-2009Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-04-2009
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811369465
Also
9925:BE0811369465
Registered
05-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 10-07-2026
Read from the deeds: 1 provision, deed of 10-07-2026
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2009
Ground area
190 m²
Building footprint
83 m²
Volume, LiDAR
432 m³
Parcel 11813N0833/00Z005, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO ADIMAR
since 2009unit no. 2.263.720.870
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0833/00Z005 | Flanders | 190 m² | 1 · 83 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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