Equity
€59,368 from €102,178 in 2014
Equity fell by 42% in 11 years.
REALIMMO GROUP WAREGEM
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1978Gross marginpeak €662,184 (2014)
€81,906▲ 13.4%
Resultlowest -€159,755 (2015)
€45,778▼ 22.0%
Equitypeak €102,178 (2014)
€59,368▲ 337%
Debts
€519,524▲ 34.1%
Staffpeak 2.9 FTE (2015)
0 FTE
Board2 names since 2019
2 directorsBalcaen Nicolas and 1 other
Owners2 names in the annual accounts
99.99%Realimmo Group
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €72,237 to €81,906Equity from €13,590 to €59,368Debts from €387,446 to €519,524Investments €146,223Cash from €29,311 to €96,327
Key points
from the 2025 annual accountsDebts
€519,524 90% of the balance sheet
Financial debts 74%Suppliers 3%Taxes and wages 3%Other 19%
€425,639 of the debts are secured on the company's own assets. In 2021 that was €193,837.
Investments
€146,223 7.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 41.5% higher than in 2024.
Checked score
96
Excellent
Financially stronger than 68% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Equity €59,368 (10.3% of total assets)
lowers risk
Size: total assets €578,892
Founded in 1977
Figures for financial year 2025 (filed on 29-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 31% of them on solvency, 75% on liquidity, 70% on profitability and 97% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as REALIMMO GROUP WAREGEM has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of REALIMMO GROUP WAREGEM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for REALIMMO GROUP WAREGEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.82 in 2024), below the usual 1.5. Short-term debt is 22.4% and cash 16.6% of total assets. 89.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
31 days early
2023
22 days early
2022
4 days early
2021
45 days early
2020
3 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BN
Balcaen Nicolas
Director, since 23-12-2020
VJ
Vercruysse Jensi
Director, since 23-12-2020
- Realimmo Group 99.99%score 88equity €112,690 (2026) · 31-03-2026 annual accounts of Realimmo Group
Recent changes
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Avelgem
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417406836
First establishment
Realimmo, Westerlaan 61, Waregem
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| REALIMMO GROUP WAREGEM Waregem | €578,892 | €81,906 | 10.3% | 0 |
| Eurimas Nieuwpoort | €604,697 | €61,073 | 32.5% | 0 |
| Imorox Knokke-Heist | €569,996 | €167,554 | 23.1% | 0 |
| IMMO ROBY Menen | €935,235 | €160,138 | 52.1% | 0 |
| ENEXAGO Dilbeek | €390,840 | €63,931 | 36.4% | 0 |
| Vande Charleroi | €326,944 | €71,810 | 64.3% | 0 |
| HOET Properties Ixelles | €816,312 | €130,055 | 36.6% | 0 |
These companies have the same main activity as REALIMMO GROUP WAREGEM: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €327,000 and €935,000, founded between 1964 and 1991.
Official details
Source: KBO- Status
- Active since 21-06-1977Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 1 other
- Establishment unit
- 2.035.339.6178790 Waregem, since 04-09-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2023
Annual accounts 2025
- Turnover
- ≈ €180,000estimated
- Total assets
- €578,892▲ 44.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on REALIMMO GROUP WAREGEM
REALIMMO GROUP WAREGEM files the abbreviated format. That format states no turnover. The gross margin rose from €20,021 in 2006 to €81,906 in 2025.
Realimmo Group holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about REALIMMO GROUP WAREGEM
- What is the company number of REALIMMO GROUP WAREGEM?
- The company number of REALIMMO GROUP WAREGEM is 0417.406.836. The VAT number is the same number with BE in front: BE 0417.406.836.
- Where is REALIMMO GROUP WAREGEM based?
- The registered office is at Westerlaan 61, 8790 Waregem.Company details
- What does REALIMMO GROUP WAREGEM do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of REALIMMO GROUP WAREGEM?
- REALIMMO GROUP WAREGEM is a private limited company (BV).
- When was REALIMMO GROUP WAREGEM founded?
- REALIMMO GROUP WAREGEM was founded on 21-06-1977.
- Is REALIMMO GROUP WAREGEM still active?
- Yes, REALIMMO GROUP WAREGEM is an active enterprise in the KBO register.
- How many employees does REALIMMO GROUP WAREGEM have?
- REALIMMO GROUP WAREGEM had an average of 1.9 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of REALIMMO GROUP WAREGEM?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €81,906 and 31 comparable companies (NACE 683). It probably lies between €110,000 and €230,000.
- Is REALIMMO GROUP WAREGEM profitable?
- In financial year 2025, REALIMMO GROUP WAREGEM made a profit of €45,778.
- Where can I find the annual accounts of REALIMMO GROUP WAREGEM?
- REALIMMO GROUP WAREGEM filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REALIMMO GROUP WAREGEM due?
- REALIMMO GROUP WAREGEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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