IMMO CHALLENGE
ActiveThe computed 12-month bankruptcy probability of IMMO CHALLENGE is 4.4% (elevated). The 2024 annual accounts show negative equity (€-64k) and a net result of €-5k. Equity is growing by ~10.8% per year across the filed fiscal years. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
14
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-64k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
61 d late
2022
86 d late
2021
60 d late
2020
91 d late
2019
80 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-64k▼ 9.3%
2023 · €-59k
2018: €-118k
2019: €-93k
2020: €-84k
2021: €-77k
2022: €-72k
2023: €-59k
2018 → 2024
Total assets
€2k▼ 72.2%
2023 · €8k
2018: €35k
2019: €28k
2020: €1k
2021: €7k
2022: €2k
2023: €8k
2018 → 2024
Net result
€-5k
2023 · €13k
2018: €449
2019: €24k
2020: €10k
2021: €7k
2022: €6k
2023: €13k
2018 → 2024
Working capital
€-65k▼ 8.2%
2023 · €-60k
2018: €-135k
2019: €-96k
2020: €-83k
2021: €-78k
2022: €-71k
2023: €-60k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-84k-€-77k▲ 7.8%€-72k▲ 7.5%€-59k▲ 17.7%€-64k▼ 9.3%
Operating result€13k-€8k▼ 36.4%€10k▲ 24.4%€22k▲ 108%€-5k
Net result€10k-€7k▼ 32.0%€6k▼ 11.4%€13k▲ 120%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €22k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2k
Fixed assets
€597▼ 48.4%
Current assets
€2k▼ 76.4%
Key figures and ratios
EBITDA
€-4k▼
2023 · €22k
Cash flow
€-5k▼
2023 · €13k
Interest coverage
-6.77▼
2023 · 96.83
Debt
€66k▼
2023 · €67k
Debt ≤ 1 year
€66k▼
2023 · €67k
Income taxes
€42▼
2023 · €9k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8k€2k▼
Fixed assets21/28€1k€597▼
Tangible fixed assets22/27€1k€597▼
Plant, machinery and equipment23€183-
Other tangible fixed assets26€975€597▼
Current assets29/58€7k€2k▼
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40-€1k
Other amounts receivable41€6k€303▼
Cash at bank and in hand54/58€8€39▲
Deferred charges and accrued income490/1€139-
Equity and liabilities
Total equity and liabilities10/49€8k€2k▼
Equity10/15€-59k€-64k▼
Contributions10/11€8k€8k=
Reserves13€5k-
Tax-exempt reserves132€5k-
Profit (loss) carried forward14€-72k€-72k▼
Amounts payable17/49€67k€66k▼
Amounts payable within one year42/48€67k€66k▼
Financial debts43€285-
Credit institutions430/8€285-
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€19k€42▼
Taxes450/3€19k€42▼
Other amounts payable47/48€44k€65k▲
Income statement
Code20232024
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€744€560▼
Other operating charges640/8€384€387▲
Gross operating margin9900€27k€-4k▼
Operating profit (loss)9901€22k€-5k▼
Financial income75/76B€153-
Recurring financial income75€153-
Financial charges65/66B€231€627▲
Recurring financial charges65€231€627▲
Profit (loss) for the period before taxes9903€22k€-5k▼
Income taxes67/77€9k€42▼
Profit (loss) for the period9904€13k€-5k▼
Transfer from tax-exempt reserves789-€5k
Profit (loss) for the period to be appropriated9905€13k€-602▼
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-72k▼
Profit (loss) brought forward from the previous period14P€-84k€-72k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼143%
Net result drops to €-5k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Highest result since 2018net €24k ▲5293%
Operating result €26k, net result €24k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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-Jans-Molenbeek · 1 establishment unit since 2002
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.
Elegiestraat 81080 Sint-Jans-MolenbeekGround area
496 m²
Building footprint
177 m²
Volume, LiDAR
1,206 m³
2 parcels, Brussels · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kerkstraat 8, 1082 Sint-Agatha-Berchem
since 20022.099.095.242
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0128/00Z002 | Brussels | 288 m² | 1 · 87 m² | 7.5 m · 1 fl. |
| 21524C0264/00S000 | Brussels | 208 m² | 1 · 89 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2002
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.