IMMO-BUSCH
ActiveSummary
The computed 12-month bankruptcy probability of IMMO-BUSCH is 1.6% (moderate). The 2024 annual accounts show negative equity (-€90,228) and a net result of €1,632. Equity remains stable across the filed fiscal years (±2.1% per year). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 25 days before 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)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 1,381 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,381 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €30,000 | €30,000 | €30,000 | €30,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €3,808 | €4,123 | €10,067 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,000 | €12,000 | €12,000 | €12,000 | €12,170 | ▲ 1.4% |
| Other operating charges640/8 | - | €3,764 | €3,856 | - | €4,397 | - |
| Gross operating margin9900 | €26,172 | €26,192 | €25,877 | €19,933 | €25,758 | ▲ 29.2% |
| Operating profit (loss)9901 | €10,269 | €10,427 | €10,020 | €7,933 | €9,191 | ▲ 15.9% |
| Financial charges65/66B | - | €15,524 | €7,559 | €7,574 | €7,559 | ▼ 0.2% |
| Recurring financial charges65 | €15,524 | €15,524 | €7,559 | €7,574 | €7,559 | ▼ 0.2% |
| Profit (loss) for the period before taxes9903 | -€5,255 | -€5,097 | €2,462 | €358 | €1,632 | ▲ 355% |
| Profit (loss) for the period9904 | -€5,255 | -€5,097 | €2,462 | €358 | €1,632 | ▲ 355% |
| Profit (loss) for the period to be appropriated9905 | -€5,255 | -€5,097 | €2,462 | €358 | €1,632 | ▲ 355% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211,182 | €213,575 | €215,537 | €220,395 | €291,466 | ▲ 32.2% |
| Fixed assets21/28 | €192,000 | €180,000 | €168,000 | €156,000 | €150,703 | ▼ 3.4% |
| Tangible fixed assets22/27 | €192,000 | €180,000 | €168,000 | €156,000 | €150,703 | ▼ 3.4% |
| Land and buildings22 | - | €180,000 | €168,000 | €156,000 | €150,703 | ▼ 3.4% |
| Current assets29/58 | €19,182 | €33,575 | €47,537 | €64,395 | €140,763 | ▲ 119% |
| Amounts receivable within one year40/41 | €5,000 | €30,000 | €30,000 | €60,000 | €90,000 | ▲ 50.0% |
| Trade receivables40 | - | €30,000 | €30,000 | €60,000 | €90,000 | ▲ 50.0% |
| Cash at bank and in hand54/58 | €14,182 | €3,575 | €17,537 | €4,395 | €50,763 | ▲ 1,055% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211,182 | €213,575 | €215,537 | €220,395 | €291,466 | ▲ 32.2% |
| Equity10/15 | -€89,584 | -€94,681 | -€92,219 | -€91,860 | -€90,228 | ▲ 1.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€108,184 | -€113,281 | -€110,819 | -€110,460 | -€108,828 | ▲ 1.5% |
| Amounts payable17/49 | €300,766 | €308,255 | €307,755 | €312,255 | €381,694 | ▲ 22.2% |
| Amounts payable after more than one year17 | €282,641 | €275,756 | €252,267 | €236,767 | €221,266 | ▼ 6.5% |
| Financial debts170/4 | - | €118,011 | €94,521 | €79,021 | €63,521 | ▼ 19.6% |
| Other amounts payable178/9 | - | €157,745 | €157,745 | €157,745 | €157,745 | = |
| Amounts payable within one year42/48 | €18,125 | €32,499 | €55,489 | €75,489 | €160,428 | ▲ 113% |
| Current portion of amounts payable after more than one year42 | - | €7,510 | €15,500 | €15,500 | €15,500 | = |
| Other amounts payable47/48 | - | €24,989 | €39,989 | €59,989 | €144,928 | ▲ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,255 | -€5,097 | €2,462 | €358 | €1,632 | ▲ 355% |
| + Depreciation and write-downs630 | €12,000 | €12,000 | €12,000 | €12,000 | €12,170 | ▲ 1.4% |
| Operating cash flow (approximation) | €6,745 | €6,903 | €14,462 | €12,358 | €13,802 | ▲ 11.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€6,873 | - |
| Change in cash | - | -€10,607 | €13,962 | -€13,142 | €46,368 | ▲ 453% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51042B0743/00C000 | Wallonia | 1,733 m² | 1 · 578 m² | 5.8 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.