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IMMO BGC

Active
Private limited companyfounded 20206 yrs activeFélix Poelsstraat 7-9, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0754.566.859
Summary

The computed 12-month bankruptcy probability of IMMO BGC is 4.8% (elevated). The 2024 annual accounts show equity of €131,108 and a net result of €14,682. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability49▲+12
Solvency42▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.23 against 0.05 in 2023; short-term debt: 17.1% and cash: 0.7% of total assets), and 83.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
76 d late
2023
29 d late
2022
59 d late
2021
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 56 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 BGC was incorporated on 17 September 2020 as a Private limited company.1 Total assets rose from EUR 409,979 in 2021 to EUR 787,379 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€131,108▲ 12.6%
2023 · €116,426
Total assets
€787,379▲ 0.5%
2023 · €783,475
Net result
€14,682
2023 · -€3,542
Working capital
-€103,835▲ 5.4%
2023 · -€109,799
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
Line2021202220232024
Operating result-€9,072-€6,742€14,227▲ 111%€32,219▲ 126%
Net result-€17,212--€2,820▲ 83.6%-€3,542▼ 25.6%€14,682
Equity€122,788-€119,968▼ 2.3%€116,426▼ 3.0%€131,108▲ 12.6%
Total assets€409,979-€717,081▲ 74.9%€783,475▲ 9.3%€787,379▲ 0.5%
Debt€287,191-€597,113▲ 108%€667,048▲ 11.7%€656,270▼ 1.6%
Working capital-€23,976--€75,502▼ 215%-€109,799▼ 45.4%-€103,835▲ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€9,072-€9,072Net result 2021: -€17,212-€17,212Operating result 2022: €6,742€6,742Net result 2022: -€2,820-€2,820Operating result 2023: €14,227€14,227Net result 2023: -€3,542-€3,542Operating result 2024: €32,219€32,219Net result 2024: €14,682€14,6822021202220232024-€10,000€0€10,000€20,000€30,000Operating result 2022: €6,742€6,740Net result 2022: -€2,820-€2,820Operating result 2023: €14,227€14,200Net result 2023: -€3,542-€3,540Operating result 2024: €32,219€32,200Net result 2024: €14,682€14,700202220232024
The operating result has risen three years in a row; 2024 is 126% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €787,379
Fixed assets €756,178 ▼ 2.7%
Current assets €31,201 ▲ 401%
Equity and liabilities €787,379
Equity €131,108 ▲ 12.6%
Debt €656,270 ▼ 1.6%
Debt's share of the balance-sheet total falls from 85.1% to 83.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€59,354▲
2023 · €40,557
Cash flow
€41,816▲
2023 · €22,788
Current ratio
0.23▲
2023 · 0.05
Debt to equity
5.01▼
2023 · 5.73
ROE
11.2%▲
2023 · -3.0%
ROA
1.9%▲
2023 · -0.5%
Interest coverage
3.38▲
2023 · 2.28
Debt ≤ 1 year
€135,035▲
2023 · €116,022
Debt > 1 year
€519,694▼
2023 · €550,684
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 2,372 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 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€783,475€787,379▲
Fixed assets21/28€777,251€756,178▼
Tangible fixed assets22/27€777,251€756,178▼
Land and buildings22€777,251€756,178▼
Current assets29/58€6,223€31,201▲
Amounts receivable within one year40/41€5,000€25,000▲
Trade receivables40-€20,000
Other amounts receivable41€5,000€5,000=
Cash at bank and in hand54/58€93€5,845▲
Deferred charges and accrued income490/1€1,130€355▼
Equity and liabilities
Total equity and liabilities10/49€783,475€787,379▲
Equity10/15€116,426€131,108▲
Contributions10/11€140,000€140,000=
Outside capital11€140,000€140,000=
Other1109/19€140,000€140,000=
Profit (loss) carried forward14-€23,574-€8,892▲
Amounts payable17/49€667,048€656,270▼
Amounts payable after more than one year17€550,684€519,694▼
Financial debts170/4€550,684€519,694▼
Amounts payable within one year42/48€116,022€135,035▲
Current portion of amounts payable after more than one year42€31,696€32,503▲
Trade debts44€12,488€10,894▼
Suppliers440/4€12,488€10,894▼
Other amounts payable47/48€71,838€91,638▲
Accrued charges and deferred income492/3€342€1,541▲
Income statement Code20232024
Non-recurring operating income76A€0€300▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,330€27,135▲
Other operating charges640/8€3,802€1,322▼
Non-recurring operating charges66A€40-
Gross operating margin9900€44,399€60,676▲
Operating profit (loss)9901€14,227€32,219▲
Financial charges65/66B€17,768€17,537▼
Recurring financial charges65€17,768€17,537▼
Profit (loss) for the period before taxes9903-€3,542€14,682▲
Profit (loss) for the period9904-€3,542€14,682▲
Profit (loss) for the period to be appropriated9905-€3,542€14,682▲
Appropriation of the result
Profit (loss) to be appropriated9906-€23,574-€8,892▲
Profit (loss) brought forward from the previous period14P-€20,032-€23,574▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Non-recurring operating income76A--€0€300▲ 149,900%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,563€15,908€26,330€27,135▲ 3.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12,474----
Other operating charges640/8€1,242€6,005€3,802€1,322▼ 65.2%
Non-recurring operating charges66A€360€50€40--
Gross operating margin9900€18,567€28,705€44,399€60,676▲ 36.7%
Operating profit (loss)9901-€9,072€6,742€14,227€32,219▲ 126%
Financial charges65/66B€8,140€9,562€17,768€17,537▼ 1.3%
Recurring financial charges65€8,140€9,562€17,768€17,537▼ 1.3%
Profit (loss) for the period before taxes9903-€17,212-€2,820-€3,542€14,682▲ 515%
Profit (loss) for the period9904-€17,212-€2,820-€3,542€14,682▲ 515%
Profit (loss) for the period to be appropriated9905-€17,212-€2,820-€3,542€14,682▲ 515%
Line2021202220232024Change
Assets
Total assets20/58€409,979€717,081€783,475€787,379▲ 0.5%
Formation expenses20€554----
Fixed assets21/28€404,411€714,657€777,251€756,178▼ 2.7%
Tangible fixed assets22/27€404,411€714,657€777,251€756,178▼ 2.7%
Land and buildings22€404,411€714,657€777,251€756,178▼ 2.7%
Current assets29/58€5,013€2,424€6,223€31,201▲ 401%
Amounts receivable within one year40/41--€5,000€25,000▲ 400%
Trade receivables40---€20,000-
Other amounts receivable41--€5,000€5,000=
Cash at bank and in hand54/58€3,645€2,224€93€5,845▲ 6,199%
Deferred charges and accrued income490/1€1,369€200€1,130€355▼ 68.6%
Equity and liabilities
Total equity and liabilities10/49€409,979€717,081€783,475€787,379▲ 0.5%
Equity10/15€122,788€119,968€116,426€131,108▲ 12.6%
Contributions10/11€140,000€140,000€140,000€140,000=
Outside capital11€140,000€140,000€140,000€140,000=
Other1109/19€140,000€140,000€140,000€140,000=
Profit (loss) carried forward14-€17,212-€20,032-€23,574-€8,892▲ 62.3%
Amounts payable17/49€287,191€597,113€667,048€656,270▼ 1.6%
Amounts payable after more than one year17€255,502€518,820€550,684€519,694▼ 5.6%
Financial debts170/4€255,502€518,820€550,684€519,694▼ 5.6%
Amounts payable within one year42/48€28,989€77,926€116,022€135,035▲ 16.4%
Current portion of amounts payable after more than one year42€17,397€19,159€31,696€32,503▲ 2.5%
Trade debts44€2,782€6,277€12,488€10,894▼ 12.8%
Suppliers440/4€2,782€6,277€12,488€10,894▼ 12.8%
Other amounts payable47/48€8,810€52,490€71,838€91,638▲ 27.6%
Accrued charges and deferred income492/3€2,700€367€342€1,541▲ 351%
Line2021202220232024Change
Profit (loss) for the period9904-€17,212-€2,820-€3,542€14,682▲ 515%
+ Depreciation and write-downs630€13,563€15,908€26,330€27,135▲ 3.1%
Operating cash flow (approximation)-€3,649€13,088€22,788€41,816▲ 83.5%
Investment in fixed assets (approximation)--€326,154-€88,924-€6,061▲ 93.2%
Change in cash--€1,421-€2,131€5,753▲ 370%

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
15-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
31-12
Financial Back to profitnet €14,682
Net result €14,682 after 3 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
125 m²
Building footprint
109 m²
Volume, LiDAR
793 m³
Parcel 21019A0041/00D000, Brussels · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO BGC
Félix Poelsstraat 7-9, 1150 Sint-Pieters-WoluweRenting and operating of own or leased residential real estate, excluding social housing
since 20202.308.321.866
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21019A0041/00D000 Brussels 125 m² 1 · 109 m² 10.8 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Contact
E-mail IMMOBGC@hotmail.com
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.

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Register as of 29 September 2026 · Peppol Directory

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