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IMMO CAL

Active
Private limited companyfounded 20251 yr activeRoodebeeklaan 44, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1020.386.550
Summary

The computed 12-month bankruptcy probability of IMMO CAL is 3.2% (moderate). The 2025 annual accounts show equity of €12,426 and a net result of €1,676. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability47
Solvency30
Growth-
Track record67
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.13; short-term debt: 41.2% and cash: 5.5% of total assets), and 95.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.8%
Return on assets
0.6%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 25 February 2025, IMMO CAL was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€12,426
Total assets
€258,785
Net result
€1,676
Working capital
-€92,427

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €258,785
Fixed assets €244,463
Current assets €14,321
Equity and liabilities €258,785
Equity €12,426
Debt €246,359
Debt finances 95.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€10,650
Cash flow
€7,034
Current ratio
0.13
Debt to equity
19.83
ROE
13.5%
ROA
0.6%
Interest coverage
3.33
Debt ≤ 1 year
€106,749
Debt > 1 year
€139,610
Income taxes
€419

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 514 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€258,785
Fixed assets21/28€244,463
Tangible fixed assets22/27€244,463
Land and buildings22€244,463
Current assets29/58€14,321
Cash at bank and in hand54/58€14,321
Equity and liabilities
Total equity and liabilities10/49€258,785
Equity10/15€12,426
Contributions10/11€10,750
Profit (loss) carried forward14€1,676
Amounts payable17/49€246,359
Amounts payable after more than one year17€139,610
Financial debts170/4€139,610
Amounts payable within one year42/48€106,749
Current portion of amounts payable after more than one year42€13,719
Trade debts44€475
Suppliers440/4€475
Taxes, remuneration and social security45€419
Taxes450/3€419
Other amounts payable47/48€92,136
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,358
Other operating charges640/8€3,080
Gross operating margin9900€13,730
Operating profit (loss)9901€5,292
Financial charges65/66B€3,197
Recurring financial charges65€3,197
Profit (loss) for the period before taxes9903€2,095
Income taxes67/77€419
Profit (loss) for the period9904€1,676
Profit (loss) for the period to be appropriated9905€1,676
Appropriation of the result
Profit (loss) to be appropriated9906€1,676

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,358
Other operating charges640/8€3,080
Gross operating margin9900€13,730
Operating profit (loss)9901€5,292
Financial charges65/66B€3,197
Recurring financial charges65€3,197
Profit (loss) for the period before taxes9903€2,095
Income taxes67/77€419
Profit (loss) for the period9904€1,676
Profit (loss) for the period to be appropriated9905€1,676
Line2025
Assets
Total assets20/58€258,785
Fixed assets21/28€244,463
Tangible fixed assets22/27€244,463
Land and buildings22€244,463
Current assets29/58€14,321
Cash at bank and in hand54/58€14,321
Equity and liabilities
Total equity and liabilities10/49€258,785
Equity10/15€12,426
Contributions10/11€10,750
Profit (loss) carried forward14€1,676
Amounts payable17/49€246,359
Amounts payable after more than one year17€139,610
Financial debts170/4€139,610
Amounts payable within one year42/48€106,749
Current portion of amounts payable after more than one year42€13,719
Trade debts44€475
Suppliers440/4€475
Taxes, remuneration and social security45€419
Taxes450/3€419
Other amounts payable47/48€92,136
Line2025
Profit (loss) for the period9904€1,676
+ Depreciation and write-downs630€5,358
Operating cash flow (approximation)€7,034

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,194 m²
Building footprint
133 m²
Volume, LiDAR
2,592 m³
Parcel 21905C0149/00B013, Brussels · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
IMMO CAL
Roodebeeklaan 44, 1030 SchaarbeekRenting and operating of own or leased residential real estate, excluding social housing
since 20252.370.986.935
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21905C0149/00B013 Brussels 1,194 m² 1 · 133 m² 23.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded25-02-2025
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020386550
Also 9925:BE1020386550
Registered 08-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.