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IMMO ASSELBORN

Active
Public limited companyfounded 200025 yrs activeWaltzing, rue des Frênes 16, 6700 Arlon, BelgiumKBO/BCE: BE 0473.418.594
Summary

IMMO ASSELBORN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €539,314 and a net result of €537,919. Equity is shrinking by ~46.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+54
Solvency60▲+35
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 0.15 in 2023; short-term debt: 31.1% and cash: 9.4% of total assets), and 65% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
35%
Return on assets
34.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €539,314
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
55 d late
2023
91 d late
2022
60 d late
2021
89 d late
2020
30 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 64 days after 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMMO ASSELBORN was incorporated on 5 December 2000.1 Total assets went from EUR 1.6 million in 2018 to EUR 1.5 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€537,919
2023 · -€51,816
Working capital
€190,094
2023 · -€407,856
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€13,330▲ 64.7%€17,816-€25,443-€34,275▼ 34.7%€554,128
Net result-€34,551▲ 51.3%-€1,196▲ 96.5%-€43,306▼ 3,521%-€51,816▼ 19.7%€537,919
Equity€547,713▼ 5.9%€96,517▼ 82.4%€53,211▼ 44.9%€1,395▼ 97.4%€539,314▲ 38,573%
Total assets€1.5m▼ 1.9%€1.3m▼ 10.8%€1.2m▼ 8.8%€1.1m▼ 11.2%€1.5m▲ 44.9%
Debt€872,687▲ 1.0%€1.2m▲ 33.8%€1.1m▼ 6.0%€1.0m▼ 7.3%€958,609▼ 5.7%
Working capital-€13,015▲ 79.2%-€449,885▼ 3,357%-€384,759▲ 14.5%-€407,856▼ 6.0%€190,094
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2020: -€13,330-€13,330Net result 2020: -€34,551-€34,551Operating result 2021: €17,816€17,816Net result 2021: -€1,196-€1,196Operating result 2022: -€25,443-€25,443Net result 2022: -€43,306-€43,306Operating result 2023: -€34,275-€34,275Net result 2023: -€51,816-€51,816Operating result 2024: €554,128€554,128Net result 2024: €537,919€537,91920202021202220232024-€200,000€0€200,000€400,000€600,000Operating result 2022: -€25,443-€25,400Net result 2022: -€43,306-€43,300Operating result 2023: -€34,275-€34,300Net result 2023: -€51,816-€51,800Operating result 2024: €554,128€554,000Net result 2024: €537,919€538,000202220232024
The operating result returns to profit in 2024: €554,128 after a loss of €34,275 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €870,743 ▼ 12.2%
Current assets €669,867 ▲ 828%
Equity and liabilities €1.5m
Equity €539,314 ▲ 38,573%
Provisions €42,687 ▼ 5.4%
Debt €958,609 ▼ 5.7%
Debt's share of the balance-sheet total falls from 95.6% to 62.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€636,760▲
2023 · €70,851
Cash flow
€620,551▲
2023 · €53,310
Current ratio
1.40▲
2023 · 0.15
Debt to equity
1.78
ROE
99.7%
ROA
34.9%▲
2023 · -4.9%
Interest coverage
39.28▲
2023 · 4.04
Debt ≤ 1 year
€479,773▼
2023 · €480,028
Debt > 1 year
€478,836▼
2023 · €536,969
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 20,082 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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.5m▲
Fixed assets21/28€991,361€870,743▼
Tangible fixed assets22/27€991,361€870,743▼
Land and buildings22€990,186€870,050▼
Furniture and vehicles24€1,174€692▼
Current assets29/58€72,172€669,867▲
Amounts receivable within one year40/41€25,194€40,924▲
Trade receivables40€16,349€32,354▲
Other amounts receivable41€8,844€8,570▼
Current investments50/53-€480,000
Cash at bank and in hand54/58€41,312€144,304▲
Deferred charges and accrued income490/1€5,667€4,639▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.5m▲
Equity10/15€1,395€539,314▲
Contributions10/11€704,000€704,000=
Capital10€704,000€704,000=
Issued capital100€704,000€704,000=
Profit (loss) carried forward14-€702,605-€164,686▲
Provisions and deferred taxes16€45,141€42,687▼
Provisions for liabilities and charges160/5€45,141€42,687▼
Other liabilities and charges164/5€45,141€42,687▼
Amounts payable17/49€1.0m€958,609▼
Amounts payable after more than one year17€536,969€478,836▼
Financial debts170/4€536,969€478,836▼
Amounts payable within one year42/48€480,028€479,773▼
Current portion of amounts payable after more than one year42€56,726€58,133▲
Trade debts44€31,447€31,741▲
Suppliers440/4€31,447€31,741▲
Other amounts payable47/48€391,855€389,899▼
Income statement Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105,126€82,632▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2,454-€2,454=
Other operating charges640/8€39,205€37,237▼
Gross operating margin9900€107,602€671,542▲
Operating profit (loss)9901-€34,275€554,128▲
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€17,550€16,209▼
Recurring financial charges65€17,550€16,209▼
Profit (loss) for the period before taxes9903-€51,815€537,919▲
Income taxes67/77€2-
Profit (loss) for the period9904-€51,816€537,919▲
Profit (loss) for the period to be appropriated9905-€51,816€537,919▲
Appropriation of the result
Profit (loss) to be appropriated9906-€702,605-€164,686▲
Profit (loss) brought forward from the previous period14P-€650,789-€702,605▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€3,204-€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131,230€125,536€122,309€105,126€82,632▼ 21.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€2,454-€2,454-€2,454-€2,454=
Other operating charges640/8-€30,743€31,360€39,205€37,237▼ 5.0%
Non-recurring operating charges66A-€7,229€7,500---
Gross operating margin9900€145,404€178,871€133,271€107,602€671,542▲ 524%
Operating profit (loss)9901-€13,330€17,816-€25,443-€34,275€554,128▲ 1,717%
Financial income75/76B-€2€2€11--
Recurring financial income75€2€2€2€11--
Financial charges65/66B-€19,014€17,865€17,550€16,209▼ 7.6%
Recurring financial charges65€21,223€19,014€17,865€17,550€16,209▼ 7.6%
Profit (loss) for the period before taxes9903-€34,551-€1,196-€43,306-€51,815€537,919▲ 1,138%
Income taxes67/77---€2--
Profit (loss) for the period9904-€34,551-€1,196-€43,306-€51,816€537,919▲ 1,138%
Profit (loss) for the period to be appropriated9905-€34,551-€1,196-€43,306-€51,816€537,919▲ 1,138%
Line20202021202220232024Change
Assets
Total assets20/58€1.5m€1.3m€1.2m€1.1m€1.5m▲ 44.9%
Fixed assets21/28€1.3m€1.2m€1.1m€991,361€870,743▼ 12.2%
Tangible fixed assets22/27€1.3m€1.2m€1.1m€991,361€870,743▼ 12.2%
Land and buildings22-€1.2m€1.1m€990,186€870,050▼ 12.1%
Furniture and vehicles24-€1,499€2,229€1,174€692▼ 41.0%
Current assets29/58€211,866€122,649€118,696€72,172€669,867▲ 828%
Amounts receivable within one year40/41€14,368€18,427€16,770€25,194€40,924▲ 62.4%
Trade receivables40-€18,427€16,770€16,349€32,354▲ 97.9%
Other amounts receivable41---€8,844€8,570▼ 3.1%
Current investments50/53----€480,000-
Cash at bank and in hand54/58€177,649€89,660€92,390€41,312€144,304▲ 249%
Deferred charges and accrued income490/1-€14,562€9,536€5,667€4,639▼ 18.1%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.3m€1.2m€1.1m€1.5m▲ 44.9%
Equity10/15€547,713€96,517€53,211€1,395€539,314▲ 38,573%
Contributions10/11€1.2m€704,000€704,000€704,000€704,000=
Capital10-€704,000€704,000€704,000€704,000=
Issued capital100-€704,000€704,000€704,000€704,000=
Profit (loss) carried forward14-€606,287-€607,483-€650,789-€702,605-€164,686▲ 76.6%
Provisions and deferred taxes16€52,504€50,050€47,595€45,141€42,687▼ 5.4%
Provisions for liabilities and charges160/5-€50,050€47,595€45,141€42,687▼ 5.4%
Other liabilities and charges164/5-€50,050€47,595€45,141€42,687▼ 5.4%
Amounts payable17/49€872,687€1.2m€1.1m€1.0m€958,609▼ 5.7%
Amounts payable after more than one year17€647,807€594,718€593,695€536,969€478,836▼ 10.8%
Financial debts170/4-€594,718€593,695€536,969€478,836▼ 10.8%
Amounts payable within one year42/48€224,880€572,534€503,456€480,028€479,773▼ 0.1%
Current portion of amounts payable after more than one year42-€53,089€55,352€56,726€58,133▲ 2.5%
Trade debts44€5,238€3,050€1,984€31,447€31,741▲ 0.9%
Suppliers440/4-€3,050€1,984€31,447€31,741▲ 0.9%
Other amounts payable47/48-€516,395€446,119€391,855€389,899▼ 0.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€34,551-€1,196-€43,306-€51,816€537,919▲ 1,138%
+ Depreciation and write-downs630€131,230€125,536€122,309€105,126€82,632▼ 21.4%
Operating cash flow (approximation)€96,680€124,340€79,002€53,310€620,551▲ 1,064%
Investment in fixed assets (approximation)--€55,667-€10,400-€17,227€37,987▲ 321%
Change in cash--€87,989€2,729-€51,078€102,992▲ 302%

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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Timeline · acts, filings and financial milestones

2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
31-12
Financial Back to profitnet €537,919
Net result €537,919 after 5 loss-making years.
31-12
Financial Liquidity times 9current ratio 1.40
Current ratio from 0.15 to 1.40; short-term debt falls from €480,028 to €479,773.
31-12
Financial Equity above €500,000Eq €539,314 ▲38,573%
Equity rises from €1,395 to €539,314.
30-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
28-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial Weakest financial yearnet -€70,934
Net result drops to -€70,934, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Arlon · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
1,892 m²
Building footprint
251 m²
Volume, LiDAR
1,148 m³
Parcel 81006D2028/00C000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waltzing, rue des Frênes 16, 6700 Arlon
NACE 70201
since 20002.131.416.335
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
81006D2028/00C000 Wallonia 1,892 m² 1 · 251 m² 6.4 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. IMMOASS 100%
  2. IMMO ASSELBORN

Highest known parent: IMMOASS. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of IMMO ASSELBORN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

98450015812D48BAGB47
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded05-12-2000
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.