Immo Alay
ActiveSummary
The computed 12-month bankruptcy probability of Immo Alay is 1.9% (moderate). For Immo Alay, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €154k and a net result of €47k. Equity is growing by ~54.1% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability73▲+2
Solvency36=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
10.5%
Return on assets
3.2%
Age of the figures
39 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 31-01-2024, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
on the day
2021
51 d late
2020
28 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€154k▲ 44.2%
2022 · €107k
2019: €28klowest in 5 years
2020: €44k▲ +56.7% vs 2019
2021: €88k▲ +99.1% vs 2020
2022: €107k▲ +21.4% vs 2021
2023: €154k▲ +44.2% vs 2022highest in 5 years
2019 → 2023
Total assets
€1.46M▲ 48.6%
2022 · €984k
2019: €377klowest in 5 years
2020: €402k▲ +6.5% vs 2019
2021: €661k▲ +64.5% vs 2020
2022: €984k▲ +48.9% vs 2021
2023: €1.46M▲ +48.6% vs 2022highest in 5 years
2019 → 2023
Net result
€47k▲ 151%
2022 · €19k
2019: €6klowest in 5 years
2020: €16k▲ +184% vs 2019
2021: €44k▲ +174% vs 2020
2022: €19k▼ -57.1% vs 2021
2023: €47k▲ +151% vs 2022highest in 5 years
2019 → 2023
Working capital
€-616k▼ 66.1%
2022 · €-371k
2019: €-313k
2020: €-284k▲ +9.1% vs 2019highest in 5 years
2021: €-334k▼ -17.6% vs 2020
2022: €-371k▼ -10.9% vs 2021
2023: €-616k▼ -66.1% vs 2022lowest in 5 years
2019 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€28k-€44k▲ 56.7%€88k▲ 99.1%€107k▲ 21.4%€154k▲ 44.2%
2019: €28klowest in 5 years
2020: €44k▲ +56.7% vs 2019
2021: €88k▲ +99.1% vs 2020
2022: €107k▲ +21.4% vs 2021
2023: €154k▲ +44.2% vs 2022highest in 5 years
Operating result€9k-€23k▲ 158%€70k▲ 202%€31k▼ 55.4%€83k▲ 164%
2019: €9klowest in 5 years
2020: €23k▲ +158% vs 2019
2021: €70k▲ +202% vs 2020
2022: €31k▼ -55.4% vs 2021
2023: €83k▲ +164% vs 2022highest in 5 years
Net result€6k-€16k▲ 184%€44k▲ 174%€19k▼ 57.1%€47k▲ 151%
2019: €6klowest in 5 years
2020: €16k▲ +184% vs 2019
2021: €44k▲ +174% vs 2020
2022: €19k▼ -57.1% vs 2021
2023: €47k▲ +151% vs 2022highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 164% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.46M
Fixed assets
€1.21M ▲ 27.1%
Current assets
€255k ▲ 631%
Equity and liabilities €1.46M
Equity
€154k ▲ 44.2%
Debt
€1.31M ▲ 49.1%
Debt's share of the balance-sheet total rises from 89.2% to 89.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▲
2022 · €63k
Cash flow
€92k▲
2022 · €51k
Current ratio
0.29▲
2022 · 0.09
Debt to equity
8.51▲
2022 · 8.24
ROE
30.7%▲
2022 · 17.6%
ROA
3.2%▲
2022 · 1.9%
Interest coverage
21.69▲
2022 · 20.23
Debt ≤ 1 year
€871k▲
2022 · €406k
Debt > 1 year
€438k▼
2022 · €472k
Income taxes
€30k▲
2022 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet
Code20222023
Assets
Total assets20/58€984k€1.46M▲
Fixed assets21/28€949k€1.21M▲
Tangible fixed assets22/27€949k€1.21M▲
Land and buildings22€949k€1.21M▲
Current assets29/58€35k€255k▲
Amounts receivable within one year40/41-€162k
Trade receivables40-€162k
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€15k€49k▲
Deferred charges and accrued income490/1€15k€40k▲
Equity and liabilities
Total equity and liabilities10/49€984k€1.46M▲
Equity10/15€107k€154k▲
Contributions10/11€35k€35k=
Outside capital11€35k€35k=
Other1109/19€35k€35k=
Reserves13€72k€119k▲
Distributable reserves133€72k€119k▲
Amounts payable17/49€878k€1.31M▲
Amounts payable after more than one year17€472k€438k▼
Financial debts170/4€472k€438k▼
Amounts payable within one year42/48€406k€871k▲
Current portion of amounts payable after more than one year42€37k€36k▼
Trade debts44€4k€356k▲
Suppliers440/4€4k€356k▲
Taxes, remuneration and social security45€32k€25k▼
Taxes450/3€32k€25k▼
Other amounts payable47/48€333k€455k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€45k▲
Other operating charges640/8€49k€17k▼
Gross operating margin9900€113k€145k▲
Operating profit (loss)9901€31k€83k▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€28k€77k▲
Income taxes67/77€9k€30k▲
Profit (loss) for the period9904€19k€47k▲
Profit (loss) for the period to be appropriated9905€19k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€47k▲
Transfer to equity691/2€19k€47k▲
To other reserves6921€19k€47k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €16k | €27k | €32k | €45k | ▲ 39.7% |
| Other operating charges640/8 | - | - | - | €49k | €17k | ▼ 65.0% |
| Gross operating margin9900 | €28k | €39k | €98k | €113k | €145k | ▲ 28.6% |
| Operating profit (loss)9901 | €9k | €23k | €70k | €31k | €83k | ▲ 164% |
| Financial charges65/66B | - | - | - | €3k | €6k | ▲ 87.6% |
| Recurring financial charges65 | €3k | €338 | €4k | €3k | €6k | ▲ 87.6% |
| Profit (loss) for the period before taxes9903 | €6k | €23k | €67k | €28k | €77k | ▲ 173% |
| Income taxes67/77 | - | €7k | €23k | €9k | €30k | ▲ 215% |
| Profit (loss) for the period9904 | €6k | €16k | €44k | €19k | €47k | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | €6k | €16k | €44k | €19k | €47k | ▲ 151% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €377k | €402k | €661k | €984k | €1.46M | ▲ 48.6% |
| Fixed assets21/28 | €341k | €328k | €592k | €949k | €1.21M | ▲ 27.1% |
| Tangible fixed assets22/27 | €341k | €328k | €592k | €949k | €1.21M | ▲ 27.1% |
| Land and buildings22 | - | - | - | €949k | €1.21M | ▲ 27.1% |
| Current assets29/58 | €36k | €73k | €69k | €35k | €255k | ▲ 631% |
| Amounts receivable within one year40/41 | - | - | €4k | - | €162k | - |
| Trade receivables40 | - | - | - | - | €162k | - |
| Current investments50/53 | - | - | €5k | €5k | €5k | = |
| Cash at bank and in hand54/58 | €36k | €43k | €53k | €15k | €49k | ▲ 228% |
| Deferred charges and accrued income490/1 | - | - | - | €15k | €40k | ▲ 161% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €377k | €402k | €661k | €984k | €1.46M | ▲ 48.6% |
| Equity10/15 | €28k | €44k | €88k | €107k | €154k | ▲ 44.2% |
| Contributions10/11 | €35k | €35k | - | €35k | €35k | = |
| Outside capital11 | - | - | - | €35k | €35k | = |
| Other1109/19 | - | - | - | €35k | €35k | = |
| Reserves13 | - | €9k | €53k | €72k | €119k | ▲ 65.9% |
| Distributable reserves133 | - | - | - | €72k | €119k | ▲ 65.9% |
| Profit (loss) carried forward14 | €-7k | €-12k | €-7k | - | - | - |
| Amounts payable17/49 | €349k | €358k | €573k | €878k | €1.31M | ▲ 49.1% |
| Amounts payable after more than one year17 | - | - | €169k | €472k | €438k | ▼ 7.3% |
| Financial debts170/4 | - | - | - | €472k | €438k | ▼ 7.3% |
| Amounts payable within one year42/48 | €349k | €358k | €404k | €406k | €871k | ▲ 115% |
| Current portion of amounts payable after more than one year42 | - | - | - | €37k | €36k | ▼ 2.0% |
| Trade debts44 | €8k | €8k | €10k | €4k | €356k | ▲ 8,553% |
| Suppliers440/4 | - | - | - | €4k | €356k | ▲ 8,553% |
| Taxes, remuneration and social security45 | - | - | - | €32k | €25k | ▼ 20.1% |
| Taxes450/3 | - | - | - | €32k | €25k | ▼ 20.1% |
| Other amounts payable47/48 | - | - | - | €333k | €455k | ▲ 36.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €16k | €44k | €19k | €47k | ▲ 151% |
| + Depreciation and write-downs630 | €19k | €16k | €27k | €32k | €45k | ▲ 39.7% |
| Operating cash flow (approximation) | €25k | €32k | €71k | €51k | €92k | ▲ 80.9% |
| Investment in fixed assets (approximation) | - | €-3k | €-290k | €-390k | €-303k | ▲ 22.4% |
| Change in cash | - | €6k | €10k | €-38k | €34k | ▲ 191% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €47k ▲151%
Operating result €83k, net result €47k, both a record.
30-06
Financial
Equity above €150kEq €154k ▲44.2%
5 profitable years in a row build equity to €154k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €100kEq €107k ▲21.4%
4 profitable years in a row build equity to €107k.
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 51 days late
2021
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 28 days late
2020
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 289 days late
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Genk · 1 establishment unit since 2016
Ground area
1,551 m²
Building footprint
530 m²
Volume, LiDAR
2,954 m³
Parcel 71302A0002/00F031, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Immo Alay
since 20162.253.131.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00F031 | Flanders | 1,551 m² | 1 · 530 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-05-2016
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.