IMMO ASSET
ActiveSummary
The computed 12-month bankruptcy probability of IMMO ASSET is 2.4% (moderate). The 2025 annual accounts show equity of €84,355 and a net result of -€26,565. Equity is growing by ~4.9% per year across the filed fiscal years. The company has been active since 1999 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-38
Solvency86▼-14
Growth52▼-26
Track record84
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 4.0 in 2024; short-term debt: 36.4% and cash: 25% of total assets), and 39.3% of the assets are financed with debt.
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Signals
Nine 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
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 2025Solvency, return and age of the figures
Solvency
60.7%
Return on assets
-19.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 filingsDeviation from the deadline
2025
29 d late
2024
196 d late
2023
561 d late
2022
812 d late
2021
1177 d late
2020
157 d late
2019
502 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 491 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
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 12 February (4 of the last 5 filed years within 533 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€84,355▼ 23.9%
2024 · €110,920
Total assets
€139,083▲ 4.8%
2024 · €132,658
Net result
-€26,565
2024 · €20,588
Working capital
€4,069▼ 92.3%
2024 · €52,779
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€13,836▲ 1,857%-€6,211€26,968€28,852▲ 7.0%€6,147▼ 78.7%
Net result€9,105-€5,942€14,468€20,588▲ 42.3%-€26,565
Equity€81,807▲ 12.5%€75,865▼ 7.3%€90,332▲ 19.1%€110,920▲ 22.8%€84,355▼ 23.9%
Total assets€98,552▼ 4.2%€96,095▼ 2.5%€115,182▲ 19.9%€132,658▲ 15.2%€139,083▲ 4.8%
Debt€16,745▼ 44.5%€20,231▲ 20.8%€24,850▲ 22.8%€21,739▼ 12.5%€54,728▲ 152%
Working capital€9,266-€364€20,789€52,779▲ 154%€4,069▼ 92.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,083
Fixed assets
€84,440 ▲ 35.6%
Current assets
€54,642 ▼ 22.3%
Equity and liabilities €139,083
Equity
€84,355 ▼ 23.9%
Debt
€54,728 ▲ 152%
Debt's share of the balance-sheet total rises from 16.4% to 39.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20,744▼
2024 · €36,101
Cash flow
-€11,968▼
2024 · €27,836
Current ratio
1.08▼
2024 · 4.00
Debt to equity
0.65▲
2024 · 0.20
ROE
-31.5%▼
2024 · 18.6%
ROA
-19.1%▼
2024 · 15.5%
Interest coverage
443.06▲
2024 · 343.82
Debt ≤ 1 year
€50,574▲
2024 · €17,585
Income taxes
€33,193▲
2024 · €8,160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,340 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €25,232 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,441 | €10,640 | €7,385 | €7,248 | €14,597 | ▲ 101% |
| Other operating charges640/8 | €1,231 | €5,109 | €2,035 | €50 | - | - |
| Non-recurring operating charges66A | - | - | €8,760 | - | - | - |
| Gross operating margin9900 | €27,509 | €9,538 | €45,148 | €36,151 | €20,744 | ▼ 42.6% |
| Operating profit (loss)9901 | €13,836 | -€6,211 | €26,968 | €28,852 | €6,147 | ▼ 78.7% |
| Financial income75/76B | - | €766 | €1 | - | €528 | - |
| Recurring financial income75 | - | €766 | €1 | - | €528 | - |
| Financial charges65/66B | €513 | €322 | €2,862 | €105 | €47 | ▼ 55.4% |
| Recurring financial charges65 | €513 | €322 | €2,862 | €105 | €47 | ▼ 55.4% |
| Profit (loss) for the period before taxes9903 | €13,324 | -€5,767 | €24,106 | €28,747 | €6,628 | ▼ 76.9% |
| Income taxes67/77 | €4,219 | €175 | €9,639 | €8,160 | €33,193 | ▲ 307% |
| Profit (loss) for the period9904 | €9,105 | -€5,942 | €14,468 | €20,588 | -€26,565 | ▼ 229% |
| Profit (loss) for the period to be appropriated9905 | €9,105 | -€5,942 | €14,468 | €20,588 | -€26,565 | ▼ 229% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,552 | €96,095 | €115,182 | €132,658 | €139,083 | ▲ 4.8% |
| Fixed assets21/28 | €73,240 | €76,928 | €69,543 | €62,294 | €84,440 | ▲ 35.6% |
| Tangible fixed assets22/27 | €73,240 | €76,928 | €69,543 | €62,294 | €84,440 | ▲ 35.6% |
| Land and buildings22 | €64,748 | €60,008 | €56,249 | €52,626 | €49,003 | ▼ 6.9% |
| Plant, machinery and equipment23 | €276 | - | - | - | - | - |
| Furniture and vehicles24 | €8,217 | €16,920 | €13,294 | €9,668 | €35,437 | ▲ 267% |
| Current assets29/58 | €25,312 | €19,167 | €45,639 | €70,364 | €54,642 | ▼ 22.3% |
| Amounts receivable within one year40/41 | - | €10,262 | €6,431 | €32,592 | €19,891 | ▼ 39.0% |
| Trade receivables40 | - | - | - | €24,000 | €9,000 | ▼ 62.5% |
| Other amounts receivable41 | - | €10,262 | €6,431 | €8,592 | €10,891 | ▲ 26.8% |
| Cash at bank and in hand54/58 | €25,081 | €8,770 | €39,208 | €37,773 | €34,752 | ▼ 8.0% |
| Deferred charges and accrued income490/1 | €231 | €135 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,552 | €96,095 | €115,182 | €132,658 | €139,083 | ▲ 4.8% |
| Equity10/15 | €81,807 | €75,865 | €90,332 | €110,920 | €84,355 | ▼ 23.9% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €1,034 | €1,034 | €1,034 | €1,034 | €1,034 | = |
| Non-distributable reserves130/1 | €1,034 | €1,034 | €1,034 | €1,034 | €1,034 | = |
| Reserves not available under the articles1311 | €1,034 | €1,034 | €1,034 | €1,034 | €1,034 | = |
| Profit (loss) carried forward14 | €18,800 | €12,857 | €27,325 | €47,912 | €21,348 | ▼ 55.4% |
| Amounts payable17/49 | €16,745 | €20,231 | €24,850 | €21,739 | €54,728 | ▲ 152% |
| Amounts payable after more than one year17 | €699 | €699 | - | - | - | - |
| Financial debts170/4 | €699 | €699 | - | - | - | - |
| Amounts payable within one year42/48 | €16,046 | €19,532 | €24,850 | €17,585 | €50,574 | ▲ 188% |
| Current portion of amounts payable after more than one year42 | €5,808 | - | - | - | - | - |
| Trade debts44 | €4,088 | €4,280 | €4,134 | €5,000 | €4,796 | ▼ 4.1% |
| Suppliers440/4 | €4,088 | €4,280 | €4,134 | €5,000 | €4,796 | ▼ 4.1% |
| Taxes, remuneration and social security45 | €4,277 | €4,452 | €9,916 | €1,785 | €34,978 | ▲ 1,860% |
| Taxes450/3 | €4,277 | €4,452 | €9,916 | €1,785 | €34,978 | ▲ 1,860% |
| Other amounts payable47/48 | €1,873 | €10,800 | €10,800 | €10,800 | €10,800 | = |
| Accrued charges and deferred income492/3 | - | - | - | €4,154 | €4,154 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,105 | -€5,942 | €14,468 | €20,588 | -€26,565 | ▼ 229% |
| + Depreciation and write-downs630 | €12,441 | €10,640 | €7,385 | €7,248 | €14,597 | ▲ 101% |
| Operating cash flow (approximation) | €21,546 | €4,698 | €21,853 | €27,836 | -€11,968 | ▼ 143% |
| Investment in fixed assets (approximation) | - | -€14,328 | €0 | €0 | -€36,743 | - |
| Change in cash | - | -€16,311 | €30,439 | -€1,436 | -€3,021 | ▼ 110% |
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
27-02
KBO administration
Strikeout withdrawn
event 12-02-2026
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 196 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 561 days late
2025
31-12
Financial
Weakest financial yearnet -€26,565
Net result drops to -€26,565, the lowest in the series.
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 812 days late
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1177 days late
08-09
KBO administration
Late accounts filing
2024
31-12
Financial
Highest result since 2018net €20,588 ▲42.3%
Operating result €28,852, net result €20,588, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.00
Current ratio from 1.84 to 4.00; short-term debt falls from €24,850 to €17,585.
31-12
Financial
Equity above €100,000Eq €110,920 ▲22.8%
2 profitable years in a row build equity to €110,920.
2023
31-12
Financial
Back to profitnet €14,468
Net result €14,468 after one loss-making year.
Show earlier events
2022
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 157 days late
2021
31-12
Financial
Back to profitnet €9,105
Net result €9,105 after one loss-making year.
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 502 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 637 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1002 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
SignalFinancial 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, Chaudfontaine · 1 establishment unit since 2003
Ground area
1,092 m²
Building footprint
112 m²
Volume, LiDAR
822 m³
2 parcels, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Boulevard de l'Ourthe 76, 4032 Liège
since 20032.114.233.675
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104D0319/00G011 | Wallonia | 737 m² | 1 · 60 m² | 8.6 m · 2 fl. |
| 62023B0040/00R029 | Wallonia | 356 m² | 1 · 52 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1999
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0469216615
Also
9925:BE0469216615
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.