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IMMO CENTRAL

Active
Public limited companyfounded 199233 yrs activeEuropark-Zuid 4, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0449.106.040
Summary

IMMO CENTRAL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.5m and a net result of €490,241. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 4814 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▲+10
Solvency60▲+1
Growth52▼-12
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.37 in 2023; short-term debt: 42.2% and cash: 2% of total assets), and 65.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
34.5%
Return on assets
6.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
139 d early
2022
41 d early
2021
47 d early
2020
45 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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 30 December 1992, IMMO CENTRAL was incorporated.1 Revenue went from EUR 384,534 in 2018 to EUR 152,619 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€152,619▼ 62.2%
2023 · €404,052
EBIT margin
423.0%▲ 301.2pp
2023 · 121.8%
Net result
€490,241▼ 21.3%
2023 · €623,223
Working capital
-€1.8m▼ 272%
2023 · -€473,741
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€384,630=€384,735=€385,927▲ 0.3%€404,052▲ 4.7%€152,619▼ 62.2%
Operating result€402,645▲ 46.1%€563,215▲ 39.9%€405,075▼ 28.1%€492,092▲ 21.5%€645,576▲ 31.2%
Net result€214,100above the sector's middle half▲ 258%€516,163above the sector's middle half▲ 141%€222,775above the sector's middle half▼ 56.8%€623,223above the sector's middle half▲ 180%€490,241above the sector's middle half▼ 21.3%
EBIT margin104.7%▲ 33.0pp146.4%▲ 41.7pp105.0%▼ 41.4pp121.8%▲ 16.8pp423.0%▲ 301.2pp
Equity€1.3mwithin the sector's middle half▲ 9.4%€1.6mwithin the sector's middle half▲ 23.9%€1.7mwithin the sector's middle half▲ 1.4%€2.2mwithin the sector's middle half▲ 31.5%€2.5mwithin the sector's middle half▲ 15.6%
Total assets€6.6mwithin the sector's middle half▼ 14.5%€6.8mwithin the sector's middle half▲ 3.0%€7.4mwithin the sector's middle half▲ 9.5%€6.4mwithin the sector's middle half▼ 14.3%€7.3mwithin the sector's middle half▲ 14.9%
Debt€5.2m▼ 18.9%€5.0m▼ 3.2%€5.7m▲ 12.5%€4.2m▼ 26.5%€4.8m▲ 14.5%
Working capital-€163,618▲ 90.8%-€745,947▼ 356%€407,450-€473,741-€1.8m▼ 272%
Solvency20.1%within the sector's middle half▲ 4.4pp24.2%within the sector's middle half▲ 4.1pp22.4%within the sector's middle half▼ 1.8pp34.3%within the sector's middle half▲ 12.0pp34.5%within the sector's middle half▲ 0.2pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2020: €402,645€402,645Net result 2020: €214,100€214,100Operating result 2021: €563,215€563,215Net result 2021: €516,163€516,163Operating result 2022: €405,075€405,075Net result 2022: €222,775€222,775Operating result 2023: €492,092€492,092Net result 2023: €623,223€623,223Operating result 2024: €645,576€645,576Net result 2024: €490,241€490,24120202021202220232024€0€200,000€400,000€600,000Operating result 2022: €405,075€405,000Net result 2022: €222,775€223,000Operating result 2023: €492,092€492,000Net result 2023: €623,223€623,000Operating result 2024: €645,576€646,000Net result 2024: €490,241€490,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.3m
Fixed assets €6.0m ▼ 1.6%
Current assets €1.3m ▲ 372%
Equity and liabilities €7.3m
Equity €2.5m ▲ 15.6%
Debt €4.8m ▲ 14.5%
Debt's share of the balance-sheet total falls from 65.7% to 65.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€846,552▲
2023 · €715,544
Cash flow
€691,217▼
2023 · €846,675
Current ratio
0.43▲
2023 · 0.37
Debt to equity
1.89▼
2023 · 1.91
ROE
19.4%▼
2023 · 28.5%
ROA
6.7%▼
2023 · 9.8%
Interest coverage
4.41▲
2023 · 2.21
Debt ≤ 1 year
€3.1m▲
2023 · €754,592
Debt > 1 year
€1.7m▼
2023 · €3.4m
Income taxes
€113,524▼
2023 · €122,819
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 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 1,552 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 · 2024 against 2023 · 77 lines
Balance sheet Code20232024
Assets
Total assets20/58€6.4m€7.3m▲
Fixed assets21/28€6.1m€6.0m▼
Tangible fixed assets22/27€3.5m€3.3m▼
Land and buildings22€3.5m€3.3m▼
Financial fixed assets28€2.6m€2.7m▲
Affiliated companies280/1€2.6m€2.7m▲
Participating interests280€2.6m€2.7m▲
Current assets29/58€280,851€1.3m▲
Amounts receivable after more than one year29-€99,593
Other amounts receivable291-€99,593
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€262,456€75,574▼
Trade receivables40€12,500€0▼
Other amounts receivable41€249,956€75,574▼
Current investments50/53-€1.0m
Own shares50-€1.0m
Cash at bank and in hand54/58€15,721€147,950▲
Deferred charges and accrued income490/1€2,674€2,886▲
Equity and liabilities
Total equity and liabilities10/49€6.4m€7.3m▲
Equity10/15€2.2m€2.5m▲
Contributions10/11€907,201€907,201=
Capital10€900,000€900,000=
Issued capital100€900,000€900,000=
Outside capital11€7,201€7,201=
Share premium1100/10€7,201€7,201=
Reserves13€1.3m€1.6m▲
Non-distributable reserves130/1€47,707€1.1m▲
Legal reserve130€47,700€72,212▲
Reserves not available under the articles1311€7€7=
Own shares acquired1312-€1.0m
Tax-exempt reserves132€0-
Distributable reserves133€1.2m€544,364▼
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€4.2m€4.8m▲
Amounts payable after more than one year17€3.4m€1.7m▼
Financial debts170/4€3.4m€1.7m▼
Credit institutions173€994,785€734,330▼
Other loans174€2.4m€960,000▼
Amounts payable within one year42/48€754,592€3.1m▲
Current portion of amounts payable after more than one year42€275,002€380,455▲
Trade debts44€16,442€12,478▼
Suppliers440/4€16,442€12,478▼
Taxes, remuneration and social security45€41,427€842,680▲
Taxes450/3€41,427€842,680▲
Other amounts payable47/48€421,720€1.9m▲
Accrued charges and deferred income492/3€2,131€1,752▼
Income statement Code20232024
Operating income70/76A€819,126€969,323▲
Turnover70€404,052€152,619▼
Other operating income74€415,074€816,704▲
Operating charges60/66A€327,034€323,747▼
Services and other goods61€34,041€50,982▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€223,452€200,976▼
Other operating charges640/8€69,541€71,789▲
Operating profit (loss)9901€492,092€645,576▲
Financial income75/76B€499,395€150,562▼
Recurring financial income75€499,395€150,562▼
Income from financial fixed assets750€498,514€149,670▼
Income from current assets751€881€892▲
Other financial income752/9€0€0▼
Financial charges65/66B€323,525€192,373▼
Recurring financial charges65€323,525€192,373▼
Debt charges650€323,374€192,147▼
Other financial charges652/9€151€226▲
Profit (loss) for the period before taxes9903€667,962€603,765▼
Transfer from deferred taxes780€78,081€0▼
Income taxes67/77€122,819€113,524▼
Taxes670/3€122,819€113,524▼
Profit (loss) for the period9904€623,223€490,241▼
Transfer from tax-exempt reserves789€234,242€0▼
Profit (loss) for the period to be appropriated9905€857,465€490,241▼
Appropriation of the result
Profit (loss) to be appropriated9906€857,465€490,241▼
Transfer to equity691/2€757,465€340,241▼
To the legal reserve6920-€24,512
To other reserves6921€757,465€315,729▼
Profit to be distributed694/7€100,000€150,000▲
Return on contributions (dividend)694€100,000€150,000▲

The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€1.0m€755,575€819,126€969,323▲ 18.3%
Turnover70€384,630€384,735€385,927€404,052€152,619▼ 62.2%
Other operating income74-€387,809€369,647€415,074€816,704▲ 96.8%
Non-recurring operating income76A-€247,613€0---
Operating charges60/66A-€456,942€350,499€327,034€323,747▼ 1.0%
Services and other goods61-€122,981€28,519€34,041€50,982▲ 49.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275,114€271,200€259,005€223,452€200,976▼ 10.1%
Other operating charges640/8-€62,761€62,975€69,541€71,789▲ 3.2%
Operating profit (loss)9901€402,645€563,215€405,075€492,092€645,576▲ 31.2%
Financial income75/76B-€199,344€40,058€499,395€150,562▼ 69.9%
Recurring financial income75€40,000€199,344€40,058€499,395€150,562▼ 69.9%
Income from financial fixed assets750-€199,340€40,000€498,514€149,670▼ 70.0%
Income from current assets751-€4€58€881€892▲ 1.3%
Other financial income752/9--€0€0€0▼ 100%
Financial charges65/66B-€161,615€162,052€323,525€192,373▼ 40.5%
Recurring financial charges65€172,586€161,615€162,052€323,525€192,373▼ 40.5%
Debt charges650€169,087€160,698€161,831€323,374€192,147▼ 40.6%
Other financial charges652/9-€917€221€151€226▲ 49.8%
Profit (loss) for the period before taxes9903€270,059€600,944€283,082€667,962€603,765▼ 9.6%
Transfer from deferred taxes780-€12,281€10,737€78,081€0▼ 100%
Transfer to deferred taxes680-€61,903€0---
Income taxes67/77€68,240€35,158€71,044€122,819€113,524▼ 7.6%
Taxes670/3-€35,158€71,044€122,819€113,524▼ 7.6%
Profit (loss) for the period9904€214,100€516,163€222,775€623,223€490,241▼ 21.3%
Transfer from tax-exempt reserves789-€26,880€27,231€234,242€0▼ 100%
Transfer to tax-exempt reserves689-€185,710€0---
Profit (loss) for the period to be appropriated9905€240,980€357,334€250,006€857,465€490,241▼ 42.8%
Line20202021202220232024Change
Assets
Total assets20/58€6.6m€6.8m€7.4m€6.4m€7.3m▲ 14.9%
Fixed assets21/28€6.0m€6.4m€6.3m€6.1m€6.0m▼ 1.6%
Tangible fixed assets22/27€3.4m€3.8m€3.7m€3.5m€3.3m▼ 5.7%
Land and buildings22-€3.8m€3.7m€3.5m€3.3m▼ 5.7%
Financial fixed assets28€2.6m€2.6m€2.6m€2.6m€2.7m▲ 3.8%
Affiliated companies280/1-€2.6m€2.6m€2.6m€2.7m▲ 3.8%
Participating interests280-€2.6m€2.6m€2.6m€2.7m▲ 3.8%
Current assets29/58€539,621€340,711€1.1m€280,851€1.3m▲ 372%
Amounts receivable after more than one year29----€99,593-
Other amounts receivable291----€99,593-
Stocks and contracts in progress3€0€0€0€0€0-
Amounts receivable within one year40/41€527,618€231,009€1.1m€262,456€75,574▼ 71.2%
Trade receivables40---€12,500€0▼ 100%
Other amounts receivable41-€231,009€1.1m€249,956€75,574▼ 69.8%
Current investments50/53----€1.0m-
Own shares50----€1.0m-
Cash at bank and in hand54/58€4,871€108,892€74,407€15,721€147,950▲ 841%
Deferred charges and accrued income490/1-€811€2,546€2,674€2,886▲ 8.0%
Equity and liabilities
Total equity and liabilities10/49€6.6m€6.8m€7.4m€6.4m€7.3m▲ 14.9%
Equity10/15€1.3m€1.6m€1.7m€2.2m€2.5m▲ 15.6%
Contributions10/11€900,000€907,201€907,201€907,201€907,201=
Capital10-€900,000€900,000€900,000€900,000=
Issued capital100-€900,000€900,000€900,000€900,000=
Outside capital11-€7,201€7,201€7,201€7,201=
Share premium1100/10-€7,201€7,201€7,201€7,201=
Reserves13€414,998€731,162€753,937€1.3m€1.6m▲ 26.6%
Non-distributable reserves130/1-€47,707€47,707€47,707€1.1m▲ 2,149%
Legal reserve130-€47,700€47,700€47,700€72,212▲ 51.4%
Reserves not available under the articles1311-€7€7€7€7=
Own shares acquired1312----€1.0m-
Tax-exempt reserves132-€261,473€234,242€0--
Distributable reserves133-€421,982€471,988€1.2m€544,364▼ 55.7%
Provisions and deferred taxes16€39,196€88,818€78,081€0--
Deferred taxes168-€88,818€78,081€0--
Amounts payable17/49€5.2m€5.0m€5.7m€4.2m€4.8m▲ 14.5%
Amounts payable after more than one year17€4.5m€3.9m€5.0m€3.4m€1.7m▼ 50.5%
Financial debts170/4-€3.9m€5.0m€3.4m€1.7m▼ 50.5%
Credit institutions173-€1.6m€1.3m€994,785€734,330▼ 26.2%
Other loans174-€2.4m€3.7m€2.4m€960,000▼ 60.4%
Amounts payable within one year42/48€703,238€1.1m€727,036€754,592€3.1m▲ 309%
Current portion of amounts payable after more than one year42-€352,123€313,559€275,002€380,455▲ 38.3%
Trade debts44€61,333€61,931€17,658€16,442€12,478▼ 24.1%
Suppliers440/4-€61,931€17,658€16,442€12,478▼ 24.1%
Taxes, remuneration and social security45-€247,748€11,044€41,427€842,680▲ 1,934%
Taxes450/3-€247,748€11,044€41,427€842,680▲ 1,934%
Other amounts payable47/48-€424,856€384,775€421,720€1.9m▲ 339%
Accrued charges and deferred income492/3-€21,009€1,246€2,131€1,752▼ 17.8%
Line20202021202220232024Change
Profit (loss) for the period9904€214,100€516,163€222,775€623,223€490,241▼ 21.3%
+ Depreciation and write-downs630€275,114€271,200€259,005€223,452€200,976▼ 10.1%
Operating cash flow (approximation)€489,214€787,364€481,780€846,675€691,217▼ 18.4%
Investment in fixed assets (approximation)--€668,157-€110,802-€15,634-€101,500▼ 549%
Change in cash-€104,021-€34,485-€58,686€132,229▲ 325%

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

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
14-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €623,223 ▲180%
Net result €623,223, the highest in the series.
31-12
Financial Equity above €2mEq €2.2m ▲31.5%
6 profitable years in a row build equity to €2.2m.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Liquidity times 5current ratio 1.56
Current ratio from 0.31 to 1.56; short-term debt falls from €1.1m to €727,036.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €59,770 ▼10.4%
Net result drops to €59,770, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Sint-Niklaas · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
6,493 m²
Building footprint
2,826 m²
Volume, LiDAR
17,621 m³
Parcel 46442C0417/00G000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
IMMO CENTRAL NV
Europark-Zuid 4, 9100 Sint-NiklaasInsurance, reinsurance and pension funding, except compulsory social security
since 19932.063.124.573
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0417/00G000 Flanders 6,493 m² 1 · 2,826 m² 9.6 m · 2 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.

Structure & network

Part of the group PROMOVIP 6 companies Group, risk and exposure

Owners and holdings

1 owner · 3 holdings · 4 subsidiaries in the tree

Chain of control

  1. PROMOVIP 76.6%
  2. IMMO CENTRAL

Highest known parent: PROMOVIP. The sources do not say who stands above it.

Owners 1

Holdings 3

All subsidiaries, including indirect ones 4

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of IMMO CENTRAL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

549300WFE38UYIRVFA93
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 3,413 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0449106040
Also 9925:BE0449106040
Registered 29-12-2025

Register as of 27 September 2026 · Peppol Directory

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