Immo Anthonis
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00551706.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 10 filings
Turnover
€764,793▼ 31.8%
2018 · €1.1m
EBIT margin
-1.4%▼ 3.4pp
2018 · 2.1%
Net result
-€4,860▼ 3,174%
2024 · -€148
Working capital
€7,911▼ 38.1%
2024 · €12,771
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
-€4,778
▼ 4,868%
2025
20182025
Net result
-€4,860
▼ 3,174%
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€7,216
▼ 40.2%
2025
lowest quarter of the sector
20182025
Total assets
€559,027
▲ 0.1%
2025
middle half of the sector
20182025
Debt
€551,811
▲ 1.0%
2025
20182025
Working capital
€7,911
▼ 38.1%
2025
middle half of the sector
20182025
Solvency
1.3%
▼ 0.9pp
2025
lowest quarter of the sector
20182025
Current ratio
1.01
▼ 0.01
2025
middle half of the sector
20182025
Return on assets (ROA)
-0.9%
▼ 0.8pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€1.1m-€0.8m▼ 31.8%
Operating result€0.02m--€0.01m€0.001m€0.003m▲ 300%-€0.006m-€0.002m▲ 60.2%-€96▲ 95.8%-€0.005m▼ 4,868%
Net result-€0.002m-€0.002m€0.001mwithin the sector's middle half▼ 60.6%€0.002mwithin the sector's middle half▲ 185%-€0.006mwithin the sector's middle half-€0.002mwithin the sector's middle half▲ 68.3%-€148within the sector's middle half▲ 92.2%-€0.005mwithin the sector's middle half▼ 3,174%
EBIT margin2.1%--1.4%▼ 3.4pp
Equity€0.02m-€0.02m▲ 13.6%€0.02mwithin the sector's middle half▲ 4.7%€0.02mwithin the sector's middle half▲ 12.8%€0.01mwithin the sector's middle half▼ 29.9%€0.01mwithin the sector's middle half▼ 13.5%€0.01mwithin the sector's middle half▼ 1.2%€0.007mbelow the sector's middle half▼ 40.2%
Total assets€0.9m-€0.08m▼ 90.2%€0.4mwithin the sector's middle half▲ 317%€0.5mwithin the sector's middle half▲ 36.1%€0.5mwithin the sector's middle half▲ 10.9%€0.6mwithin the sector's middle half▲ 6.7%€0.6mwithin the sector's middle half▼ 1.3%€0.6mwithin the sector's middle half▲ 0.1%
Debt€0.8m-€0.07m▼ 92.1%€0.3m▲ 397%€0.5m▲ 37.4%€0.5m▲ 12.7%€0.6m▲ 7.3%€0.5m▼ 1.3%€0.6m▲ 1.0%
Working capital-€0.08m-€0.01m€0.02mwithin the sector's middle half▲ 19.3%€0.01mwithin the sector's middle half▼ 20.8%€0.007mwithin the sector's middle half▼ 46.4%€0.009mwithin the sector's middle half▲ 26.5%€0.01mwithin the sector's middle half▲ 44.9%€0.008mwithin the sector's middle half▼ 38.1%
Solvency1.7%-20.3%▲ 18.5pp5.1%below the sector's middle half▼ 15.2pp4.2%below the sector's middle half▼ 0.9pp2.7%below the sector's middle half▼ 1.6pp2.2%below the sector's middle half▼ 0.5pp2.2%below the sector's middle half=1.3%below the sector's middle half▼ 0.9pp
Current ratio0.90-1.21▲ 0.301.05within the sector's middle half▼ 0.161.03within the sector's middle half▼ 0.021.01within the sector's middle half▼ 0.011.02within the sector's middle half=1.02within the sector's middle half▲ 0.011.01within the sector's middle half▼ 0.01
Return on assets (ROA)-0.2%-2.4%▲ 2.6pp0.2%within the sector's middle half▼ 2.2pp0.5%within the sector's middle half▲ 0.3pp-1.1%within the sector's middle half▼ 1.6pp-0.3%within the sector's middle half▲ 0.8pp0.0%within the sector's middle half▲ 0.3pp-0.9%within the sector's middle half▼ 0.8pp
Staff (FTE)1
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €4,778, larger than the loss of €96 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €559,027
Equity
€7,216 ▼ 40.2%
Debt
€551,811 ▲ 1.0%
Debt's share of the balance-sheet total rises from 97.8% to 98.7%. Equity is lower and debt is higher.
Key figures and ratios
Quick ratio
0.28▼
2024 · 0.29
Debt to equity
76.48▲
2024 · 45.25
ROE
-67.4%▼
2024 · -1.2%
Debt ≤ 1 year
€551,116▲
2024 · €545,792
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 |
|---|---|
| Average over the year, in full-time equivalents | 0.2 |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,275 | - | - | - | - |
| Depreciation and write-downs of the year | €5,226 | - | €3,758 | €3,758 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1.1m | €0.8m | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €0.02m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.08m | €0.1m | €0.002m | €0.005m | - | €0.004m | €0.004m | - | - |
| Other operating charges640/8 | - | - | - | €348 | €111 | €248 | €0.001m | - | - |
| Gross operating margin9900 | €0.1m | €0.09m | €0.004m | €0.009m | -€0.006m | €0.002m | €0.02m | -€0.005m | - |
| Operating profit (loss)9901 | €0.02m | -€0.01m | €0.001m | €0.003m | -€0.006m | -€0.002m | -€96 | -€0.005m | ▼ 4,868% |
| Financial income75/76B | - | - | - | - | - | - | €23 | - | - |
| Recurring financial income75 | - | - | - | - | - | - | €23 | - | - |
| Financial charges65/66B | - | - | - | €452 | €257 | - | €76 | €82 | ▲ 8.9% |
| Recurring financial charges65 | €0.02m | -€0.01m | €44 | €452 | €257 | - | €76 | €82 | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | -€0.002m | €0.002m | €0.001m | €0.003m | -€0.006m | -€0.002m | -€148 | -€0.005m | ▼ 3,174% |
| Income taxes67/77 | - | - | - | €0.001m | - | -€383 | - | - | - |
| Profit (loss) for the period9904 | -€0.002m | €0.002m | €0.001m | €0.002m | -€0.006m | -€0.002m | -€148 | -€0.005m | ▼ 3,174% |
| Profit (loss) for the period to be appropriated9905 | -€0.002m | €0.002m | €0.001m | €0.002m | -€0.006m | -€0.002m | -€148 | -€0.005m | ▼ 3,174% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €861,176 | €84,123 | €351,070 | €477,934 | €530,252 | €565,946 | €558,563 | €559,027 | ▲ 0.1% |
| Fixed assets21/28 | €98,243 | €3,318 | €1,468 | €7,517 | €7,517 | €3,758 | - | - | - |
| Tangible fixed assets22/27 | €98,243 | €3,318 | €1,468 | €7,517 | €7,517 | €3,758 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €7,517 | €7,517 | €3,758 | - | - | - |
| Current assets29/58 | €762,933 | €80,805 | €349,602 | €470,418 | €522,735 | €562,187 | €558,563 | €559,027 | ▲ 0.1% |
| Stocks and contracts in progress3 | €762,147 | €75,000 | €250,000 | €342,500 | €375,000 | €402,500 | €402,500 | €402,500 | = |
| Stocks30/36 | - | - | - | €250,000 | €250,000 | €277,500 | €277,500 | €277,500 | = |
| Contracts in progress37 | - | - | - | €92,500 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Amounts receivable within one year40/41 | - | - | €1,823 | €127,850 | €147,501 | €159,665 | €155,991 | €156,505 | ▲ 0.3% |
| Trade receivables40 | - | - | - | €102,850 | €118,338 | €129,416 | €129,416 | €129,416 | = |
| Other amounts receivable41 | - | - | - | €25,000 | €29,163 | €30,250 | €26,576 | €27,089 | ▲ 1.9% |
| Cash at bank and in hand54/58 | €786 | €5,805 | €279 | €68 | €234 | €22 | €72 | €22 | ▼ 69.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €861,176 | €84,123 | €351,070 | €477,934 | €530,252 | €565,946 | €558,563 | €559,027 | ▲ 0.1% |
| Equity10/15 | €15,025 | €17,071 | €17,876 | €20,169 | €14,138 | €12,224 | €12,076 | €7,216 | ▼ 40.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €243 | €243 | €243 | €1,569 | €1,569 | €1,569 | €1,569 | €1,569 | = |
| Non-distributable reserves130/1 | - | - | - | €200 | €200 | €200 | €200 | €200 | = |
| Reserves not available under the articles1311 | - | - | - | €200 | €200 | €200 | €200 | €200 | = |
| Distributable reserves133 | - | - | - | €1,369 | €1,369 | €1,369 | €1,369 | €1,369 | = |
| Profit (loss) carried forward14 | -€3,819 | -€1,772 | -€967 | - | -€6,032 | -€7,945 | -€8,093 | -€12,954 | ▼ 60.1% |
| Amounts payable17/49 | €846,151 | €67,053 | €333,194 | €457,765 | €516,114 | €553,721 | €546,487 | €551,811 | ▲ 1.0% |
| Amounts payable within one year42/48 | €844,424 | €67,053 | €333,194 | €457,418 | €515,767 | €553,374 | €545,792 | €551,116 | ▲ 1.0% |
| Trade debts44 | - | - | €5,000 | €46,814 | €63,258 | €99,379 | €103,766 | €98,746 | ▼ 4.8% |
| Suppliers440/4 | - | - | - | €46,814 | €63,258 | €99,379 | €103,766 | €98,746 | ▼ 4.8% |
| Taxes, remuneration and social security45 | - | - | - | €4,182 | €650 | €267 | €1,428 | €1 | ▼ 99.9% |
| Taxes450/3 | - | - | - | €4,182 | €650 | €267 | - | - | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | €1,428 | €1 | ▼ 99.9% |
| Other amounts payable47/48 | - | - | - | €406,422 | €451,859 | €453,728 | €440,599 | €452,369 | ▲ 2.7% |
| Accrued charges and deferred income492/3 | - | - | - | €348 | €348 | €348 | €695 | €695 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,583 | €2,046 | €805 | €2,293 | -€6,032 | -€1,913 | -€148 | -€4,860 | ▼ 3,174% |
| + Depreciation and write-downs630 | €79,535 | €96,392 | €1,851 | €5,226 | - | €3,758 | €3,758 | - | - |
| Operating cash flow (approximation) | €77,952 | €98,438 | €2,656 | €7,519 | -€6,032 | €1,845 | €3,610 | -€4,860 | - |
| Investment in fixed assets (approximation) | - | -€1,468 | €0 | -€11,275 | €0 | €0 | - | - | - |
| Change in cash | - | €5,019 | -€5,526 | -€211 | €166 | -€212 | €50 | -€50 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 912 companies had the same profile as Immo Anthonis has now. Two years later, 95.3% were still going and 2.4% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency under 10%
- a small loss
95.3%
was still going
2.1%
stopped otherwise
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Immo Anthonis itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 912 companies, not a prediction for Immo Anthonis. 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00551706 | |
| 31-12-2024 | micro format | 16-09-2025 | 2025-00499478 | |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00413678 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00426421 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20402363 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-65000336 | |
| 31-12-2019 | micro format | 22-09-2020 | 2020-54900002 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-55700235 | |
| 31-12-2017 | micro format | 09-07-2018 | 2018-30800176 | |
| 31-12-2016 | abbreviated format | 02-08-2017 | 2017-40600185 |