IMMO BURST
ActiveSummary
IMMO BURST has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €414k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability55▼-3
Solvency39▼-9
Growth85▲+7
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity short (current ratio 0.01 against 0.0 in 2023; short-term debt: 25.2% and cash: 0% of total assets), and 86% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 dateAge against the risk zone
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2026, 293 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
293 d late
2023
658 d late
2022
315 d late
2021
30 d late
2020
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€124k▲ 37.8%
2023 · €90k
2023: €90k
2024: €124k▲ +37.8% vs 2023
2023 → 2024
EBIT margin
69.4%▲ 3.5pp
2023 · 65.9%
2023: 65.9%
2024: 69.4%▲ +5.3% vs 2023
2023 → 2024
Net result
€11k▼ 38.8%
2023 · €17k
2020: €-21klowest in 5 years
2021: €495▲ +102% vs 2020
2022: €-528▼ -207% vs 2021
2023: €17k▲ +3356% vs 2022highest in 5 years
2024: €11k▼ -38.8% vs 2023
2020 → 2024
Working capital
€-740k▼ 248%
2023 · €-213k
2020: €-15khighest in 5 years
2021: €-17k▼ -14.0% vs 2020
2022: €-19k▼ -12.2% vs 2021
2023: €-213k▼ -1029% vs 2022
2024: €-740k▼ -248% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€90k€124k▲ 37.8%
2023: €90k
2024: €124k▲ +37.8% vs 2023
Equity€-19k-€-18k▲ 2.6%€-19k▼ 2.9%€403k€414k▲ 2.6%
2020: €-19k
2021: €-18k▲ +2.6% vs 2020
2022: €-19k▼ -2.9% vs 2021lowest in 5 years
2023: €403k▲ +2239% vs 2022
2024: €414k▲ +2.6% vs 2023highest in 5 years
Operating result€-21k-€729€-330€59k€86k▲ 45.1%
2020: €-21klowest in 5 years
2021: €729▲ +103% vs 2020
2022: €-330▼ -145% vs 2021
2023: €59k▲ +18096% vs 2022
2024: €86k▲ +45.1% vs 2023highest in 5 years
Net result€-21k-€495€-528€17k€11k▼ 38.8%
2020: €-21klowest in 5 years
2021: €495▲ +102% vs 2020
2022: €-528▼ -207% vs 2021
2023: €17k▲ +3356% vs 2022highest in 5 years
2024: €11k▼ -38.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 45% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.95M
Fixed assets
€2.94M ▲ 65.5%
Current assets
€4k ▲ 728%
Equity and liabilities €2.95M
Equity
€414k ▲ 2.6%
Debt
€2.53M ▲ 84.1%
Debt's share of the balance-sheet total rises from 77.3% to 86.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116k▲
2023 · €84k
Cash flow
€41k▼
2023 · €42k
Current ratio
0.01▲
2023 · 0.00
Debt to equity
6.12▲
2023 · 3.41
ROE
2.5%▼
2023 · 4.3%
ROA
0.4%▼
2023 · 1.0%
Interest coverage
1.61▼
2023 · 1.96
Debt ≤ 1 year
€744k▲
2023 · €213k
Debt > 1 year
€1.79M▲
2023 · €1.16M
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.78M€2.95M▲
Fixed assets21/28€1.78M€2.94M▲
Tangible fixed assets22/27€1.78M€2.94M▲
Land and buildings22€1.78M€2.94M▲
Current assets29/58€454€4k▲
Amounts receivable within one year40/41-€3k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€454€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€2.95M▲
Equity10/15€403k€414k▲
Contributions10/11€408k€408k=
Capital10€408k€408k=
Issued capital100€408k€408k=
Reserves13-€6k
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Profit (loss) carried forward14€-4k-
Amounts payable17/49€1.38M€2.53M▲
Amounts payable after more than one year17€1.16M€1.79M▲
Financial debts170/4€1.16M€1.79M▲
Amounts payable within one year42/48€213k€744k▲
Current portion of amounts payable after more than one year42€71k€79k▲
Trade debts44€1k€385▼
Suppliers440/4€1k€385▼
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€141k€661k▲
Income statement
Code20232024
Turnover70€90k€124k▲
Goods, raw materials, services and sundry goods60/61€4k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€30k▲
Other operating charges640/8€2k€487▼
Gross operating margin9900€86k€117k▲
Operating profit (loss)9901€59k€86k▲
Financial income75/76B€631-
Recurring financial income75€631-
Financial charges65/66B€43k€72k▲
Recurring financial charges65€43k€72k▲
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€17k€11k▼
Profit (loss) for the period to be appropriated9905€17k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€6k▲
Profit (loss) brought forward from the previous period14P€-21k€-4k▲
Transfer to equity691/2-€6k
To the legal reserve6920-€6k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €90k | €124k | ▲ 37.8% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €4k | €7k | ▲ 75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €24k | €30k | ▲ 23.2% |
| Other operating charges640/8 | - | €101 | €477 | €2k | €487 | ▼ 76.6% |
| Gross operating margin9900 | €-21k | €830 | €147 | €86k | €117k | ▲ 36.0% |
| Operating profit (loss)9901 | €-21k | €729 | €-330 | €59k | €86k | ▲ 45.1% |
| Financial income75/76B | - | - | - | €631 | - | - |
| Recurring financial income75 | - | - | - | €631 | - | - |
| Financial charges65/66B | - | €234 | €198 | €43k | €72k | ▲ 68.6% |
| Recurring financial charges65 | €323 | €234 | €198 | €43k | €72k | ▲ 68.6% |
| Profit (loss) for the period before taxes9903 | €-21k | €495 | €-528 | €17k | €14k | ▼ 18.4% |
| Income taxes67/77 | - | - | - | - | €4k | - |
| Profit (loss) for the period9904 | €-21k | €495 | €-528 | €17k | €11k | ▼ 38.8% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €495 | €-528 | €17k | €11k | ▼ 38.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8k | €5k | €2k | €1.78M | €2.95M | ▲ 65.6% |
| Fixed assets21/28 | - | - | - | €1.78M | €2.94M | ▲ 65.5% |
| Tangible fixed assets22/27 | - | - | - | €1.78M | €2.94M | ▲ 65.5% |
| Land and buildings22 | - | - | - | €1.78M | €2.94M | ▲ 65.5% |
| Current assets29/58 | €8k | €5k | €2k | €454 | €4k | ▲ 728% |
| Amounts receivable within one year40/41 | €4k | €0 | - | - | €3k | - |
| Other amounts receivable41 | - | €0 | - | - | €3k | - |
| Cash at bank and in hand54/58 | €4k | €5k | €2k | €454 | €1k | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8k | €5k | €2k | €1.78M | €2.95M | ▲ 65.6% |
| Equity10/15 | €-19k | €-18k | €-19k | €403k | €414k | ▲ 2.6% |
| Contributions10/11 | - | €3k | €3k | €408k | €408k | = |
| Capital10 | - | - | - | €408k | €408k | = |
| Issued capital100 | - | - | - | €408k | €408k | = |
| Reserves13 | - | - | - | - | €6k | - |
| Non-distributable reserves130/1 | - | - | - | - | €6k | - |
| Legal reserve130 | - | - | - | - | €6k | - |
| Profit (loss) carried forward14 | €-21k | €-21k | €-21k | €-4k | - | - |
| Amounts payable17/49 | €26k | €24k | €20k | €1.38M | €2.53M | ▲ 84.1% |
| Amounts payable after more than one year17 | €4k | €2k | €0 | €1.16M | €1.79M | ▲ 53.9% |
| Financial debts170/4 | - | €2k | €0 | €1.16M | €1.79M | ▲ 53.9% |
| Amounts payable within one year42/48 | €22k | €22k | €20k | €213k | €744k | ▲ 249% |
| Current portion of amounts payable after more than one year42 | - | €3k | €2k | €71k | €79k | ▲ 11.9% |
| Trade debts44 | €5k | €2k | €1k | €1k | €385 | ▼ 72.5% |
| Suppliers440/4 | - | €2k | €1k | €1k | €385 | ▼ 72.5% |
| Taxes, remuneration and social security45 | - | €109 | €70 | - | €4k | - |
| Taxes450/3 | - | €109 | €70 | - | €4k | - |
| Other amounts payable47/48 | - | €18k | €18k | €141k | €661k | ▲ 369% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €495 | €-528 | €17k | €11k | ▼ 38.8% |
| + Depreciation and write-downs630 | - | - | - | €24k | €30k | ▲ 23.2% |
| Operating cash flow (approximation) | €-21k | €495 | €-528 | €42k | €41k | ▼ 2.4% |
| Investment in fixed assets (approximation) | - | - | - | - | €-1.19M | - |
| Change in cash | - | €2k | €-4k | €-1k | €712 | ▲ 167% |
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
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 293 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 658 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 315 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Equity above €200kEq €403k
Equity rises from €-19k to €403k.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €495
Net result €495 after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Herzele · 1 establishment unit since 2019
Ground area
4,220 m²
Building footprint
763 m²
Volume, LiDAR
4,872 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IMMO BURST
since 20192.291.154.846
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009B0400/00C000 | Flanders | 3,814 m² | 1 · 604 m² | 9.5 m · 2 fl. |
| 41027A0428/00M002 | Flanders | 406 m² | 1 · 159 m² | 9.9 m · 2 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.
Similar companies · same sector, comparable size
M.P.R. MARINE PACKING REPAIR
BE 0420.487.377
Wommelgem · Eq €413,873
PARTNERS IMMO
BE 0733.876.462
Verviers · Eq €414,046
LIVING OFFICES
BE 0899.848.214
Herentals · Eq €415,010
SEGERS INVEST
BE 0826.276.286
Retie · Eq €415,172
IMBU
BE 0891.857.491
Asse · Eq €415,336
Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
86995Nutrition and dietetics services
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
70200Business and other management consultancy
Contact
E-mail
philip_depondt@hotmail.com
Scores and ratios are computed by Checked and are not a credit decision.