IMMO BB
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 36 filings
Every figure per financial year
The operating result for 2025 is 3% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,066 | €27,066 | €27,066 | €4,614 | €74 | €74 | €24 | ▼ 67.0% |
| Other operating charges640/8 | - | - | - | €2,513 | €2,590 | €2,763 | €2,845 | ▲ 3.0% |
| Gross operating margin9900 | €24,373 | €17,318 | €15,807 | €16,929 | €19,302 | €19,550 | €20,051 | ▲ 2.6% |
| Operating profit (loss)9901 | -€5,079 | -€11,016 | -€13,739 | €9,802 | €16,639 | €16,713 | €17,182 | ▲ 2.8% |
| Financial income75/76B | - | - | - | €2,318 | €4,261 | €5,183 | €7,144 | ▲ 37.8% |
| Recurring financial income75 | €727 | €2,295 | €1,711 | €2,318 | €4,261 | €5,183 | €7,144 | ▲ 37.8% |
| Financial charges65/66B | - | - | - | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €721 | €107 | €250 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€5,073 | -€8,829 | -€12,277 | €12,076 | €20,854 | €21,851 | €24,281 | ▲ 11.1% |
| Income taxes67/77 | - | - | - | - | - | - | €5,186 | - |
| Profit (loss) for the period9904 | -€5,073 | -€8,829 | -€12,277 | €12,076 | €20,854 | €21,851 | €19,095 | ▼ 12.6% |
| Profit (loss) for the period to be appropriated9905 | -€5,073 | -€8,829 | -€12,277 | €12,076 | €20,854 | €21,851 | €19,095 | ▼ 12.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €175,137 | €163,648 | €152,274 | €161,918 | €184,017 | €205,958 | €223,744 | ▲ 8.6% |
| Fixed assets21/28 | €153,116 | €126,050 | €98,984 | €94,371 | €94,297 | €94,224 | €94,200 | = |
| Tangible fixed assets22/27 | €153,116 | €126,050 | €98,984 | €94,371 | €94,297 | €94,224 | €94,200 | = |
| Land and buildings22 | - | - | - | €94,371 | €94,297 | €94,224 | €94,200 | = |
| Current assets29/58 | €22,021 | €37,598 | €53,290 | €67,547 | €89,720 | €111,734 | €129,544 | ▲ 15.9% |
| Amounts receivable within one year40/41 | €19,736 | €34,830 | €50,114 | €64,585 | €87,345 | €109,026 | €125,979 | ▲ 15.5% |
| Other amounts receivable41 | - | - | - | €64,585 | €87,345 | €109,026 | €125,979 | ▲ 15.5% |
| Cash at bank and in hand54/58 | €2,286 | €990 | €413 | €75 | €228 | €483 | €156 | ▼ 67.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2,887 | €2,146 | €2,225 | €3,410 | ▲ 53.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €175,137 | €163,648 | €152,274 | €161,918 | €184,017 | €205,958 | €223,744 | ▲ 8.6% |
| Equity10/15 | €169,274 | €160,445 | €148,168 | €160,244 | €181,098 | €202,949 | €222,044 | ▲ 9.4% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Capital10 | - | - | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Issued capital100 | - | - | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €94,274 | €85,445 | €73,168 | €85,244 | €106,098 | €127,949 | €147,044 | ▲ 14.9% |
| Non-distributable reserves130/1 | - | - | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Legal reserve130 | - | - | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Distributable reserves133 | - | - | - | €77,744 | €98,598 | €120,449 | €139,544 | ▲ 15.9% |
| Amounts payable17/49 | €5,863 | €3,203 | €4,106 | €1,674 | €2,919 | €3,009 | €1,700 | ▼ 43.5% |
| Amounts payable within one year42/48 | €4,363 | €1,703 | €2,606 | €174 | €1,419 | €1,315 | €0 | ▼ 100% |
| Trade debts44 | €4,363 | €1,703 | €2,606 | €174 | €1,419 | €1,315 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €174 | €1,419 | €1,315 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €1,500 | €1,500 | €1,694 | €1,700 | ▲ 0.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,073 | -€8,829 | -€12,277 | €12,076 | €20,854 | €21,851 | €19,095 | ▼ 12.6% |
| + Depreciation and write-downs630 | €27,066 | €27,066 | €27,066 | €4,614 | €74 | €74 | €24 | ▼ 67.0% |
| Operating cash flow (approximation) | €21,993 | €18,237 | €14,789 | €16,689 | €20,928 | €21,925 | €19,119 | ▼ 12.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,296 | -€576 | -€339 | €154 | €255 | -€327 | - |
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, 31,368 companies had the same profile as IMMO BB has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IMMO BB itself: 0.2% 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 31,368 companies, not a prediction for IMMO BB. 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.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2025-00588740 | |
| 30-06-2024 | micro format | 23-12-2024 | 2024-00623155 | |
| 30-06-2023 | micro format | 26-12-2023 | 2023-00537613 | |
| 30-06-2022 | micro format | 27-12-2022 | 2022-20546658 | |
| 30-06-2021 | micro format | 07-01-2022 | 2022-00600030 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03400030 | |
| 30-06-2019 | micro format | 29-01-2020 | 2020-02500158 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03100259 | |
| 30-06-2017 | micro format | 08-01-2018 | 2018-00500053 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02700158 |