Skip to content

Immo Braem

Active
Public limited companyfounded 199332 yrs activeHandzaamse Nieuwstraat 7, 8610 Kortemark, BelgiumKBO/BCE: BE 0451.511.640
Summary

Immo Braem has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,925 and a net result of -€40,726. Equity is shrinking by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
Immo BraemActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€139,299total assets 2025
Equity
€135,925
Loss
-€40,726
Financial health
81 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Largest shareholder
Immovac · 20%
Board
3 members
Accounts filed 31 d late1 of 7 deeds read
Why 81- Loss of €40,726, the second in a row (FY 2025)- Latest accounts 31 days late; 1 of the last 3 late+ Size: total assets €139,299+ Founded in 1993Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Better than 38% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 97.6% of total assets
Liquidity 55-14
short-term debt 2.4% · cash 3.6%
Profitability 0-6
return on assets -29.2%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +1.6% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▲ +7.8% vs 02-2025 04-2025: 0.1%▲ +3.6% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.2%▲ +15.3% vs 05-2025 07-2025: 0.2%▲ +6.6% vs 06-2025 08-2025: 0.1%▼ -59.9% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▲ +2.8% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -15.1% vs 02-2026 04-2026: 0.1%▲ +1.6% vs 03-2026 05-2026: 0.1%▼ -9.5% vs 04-2026lowest value 06-2026: 0.1%▲ +19.3% vs 05-2026 07-2026: 0.1%▲ +2.9% vs 06-2026 08-2026: 0.1%▲ +81.4% vs 07-2026 09-2026: 0.5%▲ +285% vs 08-2026highest value 10-2026: 0.5%● 0.0% vs 09-2026highest value
  • Size: total assets €139,299 lowers the probability for this profile
  • Loss of €40,726, the second in a row (FY 2025) raises the probability
  • Founded in 1993 lowers the probability for this profile
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 64.94 in 2024; short-term debt: 2.4% and cash: 3.6% of total assets), and 2.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 50%, profitability 4%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €139,299
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €40,726, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€40,726
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
7 d early
2023
23 d late
2022
3 d early
2021
30 d late
2020
34 d late
2019
11 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 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 (2)
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 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Reappointments: Karin Braem, Rose-Anne Braem and…State Gazette act
  2. Annual accounts filedfiscal year 2025 · full…
  3. Weakest financial yearnet -€40,726

Key points

  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€40,726 View
  • Active since 1993founded 01-12-1993 32 years View
  • Board3 directors in office 3 View

By topic

Financials

Fiscal year
2025
Total assets
€139,299
Loss
-€40,726
Solvency
97.6%
Total assets▼ 21.4%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Reappointments: Karin Braem, Rose-Anne Braem and Johan…
  2. 31-08-2026Annual accounts filed
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
01-12-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure