IMMO - BENELUX
ActiveIMMO - BENELUX has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.81M and a net result of €209k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+61
Solvency74▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.01 in 2023; short-term debt: 8.1% and cash: 0.7% of total assets), and 51.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.6%
Return on assets
5.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
82 d late
2022
74 d early
2021
4 d early
2020
72 d late
2019
102 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.81M▲ 13.1%
2023 · €1.60M
2018: €1.48M
2019: €1.49M
2020: €1.58M
2021: €1.70M
2022: €1.69M
2023: €1.60M
2018 → 2024
Total assets
€3.71M▼ 16.1%
2023 · €4.42M
2018: €5.33M
2019: €4.83M
2020: €4.72M
2021: €4.41M
2022: €4.41M
2023: €4.42M
2018 → 2024
Net result
€209k
2023 · €-121k
2018: €-67k
2019: €14k
2020: €2k
2021: €-26k
2022: €-20k
2023: €-121k
2018 → 2024
Working capital
€-264k▲ 77.1%
2023 · €-1.15M
2018: €-2.12M
2019: €-1.85M
2020: €-1.70M
2021: €-1.73M
2022: €-1.81M
2023: €-1.15M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.58M-€1.70M▲ 7.8%€1.69M▼ 0.8%€1.60M▼ 5.6%€1.81M▲ 13.1%
Operating result€46k-€-51k€5k€-86k€295k
Net result€2k-€-26k€-20k▲ 22.9%€-121k▼ 507%€209k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €295k after a loss of €86k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.71M
Fixed assets
€3.68M▼ 16.6%
Current assets
€35k▲ 171%
Equity and liabilities €3.71M
Equity
€1.81M▲ 13.1%
Provisions
€62k▼ 4.0%
Debt
€1.85M▼ 33.2%
The debt ratio falls from 62.5% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€328k▲
2023 · €-55k
Cash flow
€241k▲
2023 · €-90k
Solvency
48.6%▲
2023 · 36.1%
Current ratio
0.12▲
2023 · 0.01
Quick ratio
0.12▲
2023 · 0.01
Debt / equity
1.02▼
2023 · 1.73
ROE
11.6%▲
2023 · -7.6%
ROA
5.6%▲
2023 · -2.7%
Interest coverage
6.11▲
2023 · -0.88
Debt
€1.85M▼
2023 · €2.76M
Debt ≤ 1 year
€299k▼
2023 · €1.17M
Debt > 1 year
€1.55M▼
2023 · €1.60M
Income taxes
€35k▲
2023 · €431
Staff costs
€44k▲
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.42M€3.71M▼
Fixed assets21/28€4.41M€3.68M▼
Intangible fixed assets21€2.64M€2.64M=
Tangible fixed assets22/27€1.76M€1.03M▼
Land and buildings22€1.76M€1.03M▼
Furniture and vehicles24€1k€569▼
Financial fixed assets28€10k€10k=
Current assets29/58€13k€35k▲
Amounts receivable within one year40/41€35€7k▲
Trade receivables40-€7k
Other amounts receivable41€35€42▲
Cash at bank and in hand54/58€12k€27k▲
Deferred charges and accrued income490/1€1k€353▼
Equity and liabilities
Total equity and liabilities10/49€4.42M€3.71M▼
Equity10/15€1.60M€1.81M▲
Contributions10/11€676k€676k=
Capital10€676k€676k=
Issued capital100€676k€676k=
Revaluation surpluses12€2.65M€2.65M=
Reserves13€200k€193k▼
Tax-exempt reserves132€193k€186k▼
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-1.93M€-1.71M▲
Provisions and deferred taxes16€64k€62k▼
Deferred taxes168€64k€62k▼
Amounts payable17/49€2.76M€1.85M▼
Amounts payable after more than one year17€1.60M€1.55M▼
Financial debts170/4€1.47M€1.43M▼
Other amounts payable178/9€122k€122k=
Amounts payable within one year42/48€1.17M€299k▼
Financial debts43€1.11M€214k▼
Credit institutions430/8€1.11M€214k▼
Trade debts44€27k€8k▼
Suppliers440/4€27k€8k▼
Taxes, remuneration and social security45€17k€56k▲
Taxes450/3€9k€36k▲
Remuneration and social security454/9€8k€20k▲
Other amounts payable47/48€9k€20k▲
Income statement
Code20232024
Non-recurring operating income76A€3k€307k▲
Remuneration, social security and pensions62€30k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€21k€24k▲
Gross operating margin9900€-3k€395k▲
Operating profit (loss)9901€-86k€295k▲
Financial income75/76B€26k€0▼
Recurring financial income75€674€0▼
Non-recurring financial income76B€25k-
Financial charges65/66B€63k€54k▼
Recurring financial charges65€63k€54k▼
Profit (loss) for the period before taxes9903€-123k€242k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€431€35k▲
Profit (loss) for the period9904€-121k€209k▲
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€-113k€217k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.93M€-1.71M▲
Profit (loss) brought forward from the previous period14P€-1.82M€-1.93M▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €209k
Net result €209k after 3 loss-making years.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Weakest financial yearnet €-121k
Net result drops to €-121k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 146 days late
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 148 days late
2016
04-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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, Elsene · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 3671050 ElseneGround area
460 m²
Building footprint
437 m²
Volume, LiDAR
3,746 m³
2 parcels, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Citroenbomenlaan 1, 1020 Brussel
since 19892.042.738.539
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
| 21818A0003/00P071 | Brussels | 194 m² | 1 · 172 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VLIEGEN
BE 0451.753.942
Beringen · Eq €1.80M
PARAPH'S
BE 0806.657.839
Mont-Saint-Guibert · Eq €1.80M
SOLID INVESTMENTS BELGIUM
BE 0426.509.196
Herentals · Eq €1.81M
WAW-CONSTRUCT
BE 0681.778.752
Waregem · Eq €1.81M
C-INVEST
BE 0445.387.673
Bree · Eq €1.81M
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 3,123 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-01-1989
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70111
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.