IMMO CAENEN
ActiveIMMO CAENEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €346k and a net result of €129k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 9098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.65 in 2024), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
13.5%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 12-05-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
39 d early
2023
49 d early
2022
19 d early
2021
18 d early
2020
28 d early
2019
55 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€346k▼ 4.5%
2024 · €362k
2018: €206k
2019: €160k
2020: €159k
2021: €261k
2022: €287k
2023: €319k
2024: €362k
2018 → 2025
Total assets
€953k▲ 12.1%
2024 · €851k
2018: €415k
2019: €402k
2020: €419k
2021: €593k
2022: €481k
2023: €593k
2024: €851k
2018 → 2025
Net result
€129k▲ 46.5%
2024 · €88k
2018: €-26k
2019: €-45k
2020: €-2k
2021: €102k
2022: €26k
2023: €32k
2024: €88k
2018 → 2025
Working capital
€295k▼ 6.5%
2024 · €316k
2018: €184k
2019: €147k
2020: €154k
2021: €255k
2022: €281k
2023: €299k
2024: €316k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€261k-€287k▲ 10.0%€319k▲ 11.2%€362k▲ 13.5%€346k▼ 4.5%
Operating result€114k-€39k▼ 66.2%€46k▲ 18.6%€122k▲ 165%€176k▲ 45.1%
Net result€102k-€26k▼ 74.5%€32k▲ 22.9%€88k▲ 175%€129k▲ 46.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 45% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €953k
Fixed assets
€52k▲ 12.3%
Current assets
€901k▲ 12.1%
Equity and liabilities €953k
Equity
€346k▼ 4.5%
Debt
€608k▲ 24.3%
The debt ratio rises from 57.5% to 63.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€185k▲
2024 · €128k
Cash flow
€137k▲
2024 · €95k
Solvency
36.3%▼
2024 · 42.5%
Current ratio
1.49▼
2024 · 1.65
Quick ratio
1.49▼
2024 · 1.65
Debt / equity
1.76▲
2024 · 1.35
ROE
37.3%▲
2024 · 24.3%
ROA
13.5%▲
2024 · 10.3%
Interest coverage
197.65▲
2024 · 159.34
Debt
€608k▲
2024 · €489k
Debt ≤ 1 year
€606k▲
2024 · €489k
Income taxes
€47k▲
2024 · €33k
Staff costs
€64k▲
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€851k€953k▲
Fixed assets21/28€46k€52k▲
Intangible fixed assets21€23k€20k▼
Tangible fixed assets22/27€24k€32k▲
Plant, machinery and equipment23€24k€32k▲
Current assets29/58€804k€901k▲
Amounts receivable within one year40/41€248k€286k▲
Trade receivables40€246k€284k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€555k€615k▲
Deferred charges and accrued income490/1€2k€745▼
Equity and liabilities
Total equity and liabilities10/49€851k€953k▲
Equity10/15€362k€346k▼
Contributions10/11€44k€44k=
Reserves13€315k€285k▼
Distributable reserves133€315k€285k▼
Profit (loss) carried forward14€3k€17k▲
Amounts payable17/49€489k€608k▲
Amounts payable within one year42/48€489k€606k▲
Trade debts44€68k€29k▼
Suppliers440/4€68k€29k▼
Taxes, remuneration and social security45€33k€23k▼
Taxes450/3€33k€17k▼
Remuneration and social security454/9€364€6k▲
Other amounts payable47/48€388k€554k▲
Accrued charges and deferred income492/3€171€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€63k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€116€136▲
Gross operating margin9900€192k€249k▲
Operating profit (loss)9901€122k€176k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€805€934▲
Recurring financial charges65€805€934▲
Profit (loss) for the period before taxes9903€121k€175k▲
Income taxes67/77€33k€47k▲
Profit (loss) for the period9904€88k€129k▲
Profit (loss) for the period to be appropriated9905€88k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€132k▲
Profit (loss) brought forward from the previous period14P-€3k
Transfer from equity791/2€45k€30k▼
Transfer to equity691/2€85k-
To other reserves6921€85k-
Profit to be distributed694/7€45k€145k▲
Return on contributions (dividend)694€45k€145k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Highest result since 2018net €129k ▲46.5%
Operating result €176k, net result €129k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Back to profitnet €102k
Net result €102k after 3 loss-making years.
31-10
Financial
Equity above €200kEq €261k ▲64.3%
Equity rises from €159k to €261k.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-10
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Middelkerke · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leopoldlaan 1508430 MiddelkerkeGround area
141 m²
Building footprint
163 m²
Volume, LiDAR
2,406 m³
Parcel 35011B0180/00Z086, Flanders · tallest building 24.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IMMO CAENEN
since 20042.142.430.486
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0180/00Z086 | Flanders | 141 m² | 1 · 163 m² | 24.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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INITIATIVE ET DEVELOPPEMENT
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IMMO X
BE 0450.607.065
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JKVS CONSULTING
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Antwerpen · Eq €346k
Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 4,992 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2004
Fiscal year end31-10
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.