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Immo D&C

Active
Private limited companyfounded 20188 yrs activeGrensweg 22, 3690 Zutendaal, BelgiumKBO/BCE: BE 0687.812.845
Summary

Immo D&C has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,617 and a net result of €12,706. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
59 / 100
Fair
The figures in the accounts for fiscal year 2025 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+4
Solvency26▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
short-term debt: 25.2% of total assets, and 98.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
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
1.1%
Return on assets
1.8%
Age of the figures
15 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-08-2026, 191 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 · 7 filings
Deviation from the deadline
2025
191 d late
2024
53 d late
2023
37 d late
2022
45 d late
2021
28 d early
2020
92 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 17 March (4 of the last 5 filed years within 73 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
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

Immo D&C was incorporated on 11 January 2018.1 Total assets fell from EUR 923,627 in 2019 to EUR 698,294 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€7,617
2024 · -€5,090
Total assets
€698,294▼ 5.0%
2024 · €734,950
Net result
€12,706▲ 31.8%
2024 · €9,637
Working capital
-€252,051▲ 3.8%
2022 · -€261,916
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€16,264€20,610▲ 26.7%€19,886▼ 3.5%€25,382▲ 27.6%€32,506▲ 28.1%
Net result-€1,902▲ 92.5%€3,453€3,662▲ 6.0%€9,637▲ 163%€12,706▲ 31.8%
Equity-€21,842▼ 9.5%-€18,389▲ 15.8%-€14,727▲ 19.9%-€5,090▲ 65.4%€7,617
Total assets€871,084▼ 3.1%€809,504▼ 7.1%€771,714▼ 4.7%€734,950▼ 4.8%€698,294▼ 5.0%
Debt€892,926▼ 2.8%€827,893▼ 7.3%€786,441▼ 5.0%€740,040▼ 5.9%€690,677▼ 6.7%
Working capital-€270,764▲ 1.9%-€261,916▲ 3.3%-€252,051▲ 3.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: €16,264€16,264Net result 2021: -€1,902-€1,902Operating result 2022: €20,610€20,610Net result 2022: €3,453€3,453Operating result 2023: €19,886€19,886Net result 2023: €3,662€3,662Operating result 2024: €25,382€25,382Net result 2024: €9,637€9,637Operating result 2025: €32,506€32,506Net result 2025: €12,706€12,70620212022202320242025€0€10,000€20,000€30,000Operating result 2023: €19,886€19,900Net result 2023: €3,662€3,660Operating result 2024: €25,382€25,400Net result 2024: €9,637€9,640Operating result 2025: €32,506€32,500Net result 2025: €12,706€12,700202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €698,294
Equity €7,617
Debt €690,677
Debt finances 98.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,161▲
2024 · €62,038
Cash flow
€49,362▲
2024 · €46,293
Debt to equity
90.68
ROE
166.8%
ROA
1.8%▲
2024 · 1.3%
Interest coverage
4.36▲
2024 · 3.94
Debt ≤ 1 year
€176,150▼
2024 · €237,631
Debt > 1 year
€514,466▲
2024 · €502,106
Income taxes
€3,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96% still going

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

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,340 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 1,603 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 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€734,950€698,294▼
Formation expenses20-€0
Fixed assets21/28€734,950€698,294▼
Tangible fixed assets22/27€734,950€698,294▼
Land and buildings22€734,950€698,294▼
Equity and liabilities
Total equity and liabilities10/49€734,950€698,294▼
Equity10/15-€5,090€7,617▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€11,290€1,417▲
Amounts payable17/49€740,040€690,677▼
Amounts payable after more than one year17€502,106€514,466▲
Financial debts170/4€502,106€514,466▲
Amounts payable within one year42/48€237,631€176,150▼
Current portion of amounts payable after more than one year42€32,176€33,074▲
Other amounts payable47/48€205,456€143,075▼
Accrued charges and deferred income492/3€303€61▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,656€36,656=
Other operating charges640/8€4,129€2,911▼
Gross operating margin9900€66,167€72,072▲
Operating profit (loss)9901€25,382€32,506▲
Financial charges65/66B€15,745€15,847▲
Recurring financial charges65€15,745€15,847▲
Profit (loss) for the period before taxes9903€9,637€16,659▲
Income taxes67/77-€3,953
Profit (loss) for the period9904€9,637€12,706▲
Profit (loss) for the period to be appropriated9905€9,637€12,706▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,290€1,417▲
Profit (loss) brought forward from the previous period14P-€20,927-€11,289▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,656€36,656€36,656€36,656€36,656=
Other operating charges640/8-€3,651€3,624€4,129€2,911▼ 29.5%
Gross operating margin9900€56,727€60,917€60,165€66,167€72,072▲ 8.9%
Operating profit (loss)9901€16,264€20,610€19,886€25,382€32,506▲ 28.1%
Financial charges65/66B-€17,157€16,224€15,745€15,847▲ 0.6%
Recurring financial charges65€18,166€17,157€16,224€15,745€15,847▲ 0.6%
Profit (loss) for the period before taxes9903-€1,902€3,453€3,662€9,637€16,659▲ 72.9%
Income taxes67/77----€3,953-
Profit (loss) for the period9904-€1,902€3,453€3,662€9,637€12,706▲ 31.8%
Profit (loss) for the period to be appropriated9905-€1,902€3,453€3,662€9,637€12,706▲ 31.8%
Line20212022202320242025Change
Assets
Total assets20/58€871,084€809,504€771,714€734,950€698,294▼ 5.0%
Formation expenses20----€0-
Fixed assets21/28€844,916€808,261€771,605€734,950€698,294▼ 5.0%
Tangible fixed assets22/27€844,916€808,261€771,605€734,950€698,294▼ 5.0%
Land and buildings22-€808,261€771,605€734,950€698,294▼ 5.0%
Current assets29/58€26,167€1,243€108---
Amounts receivable within one year40/41€25,100-----
Cash at bank and in hand54/58€1,067€1,243€108---
Equity and liabilities
Total equity and liabilities10/49€871,084€809,504€771,714€734,950€698,294▼ 5.0%
Equity10/15-€21,842-€18,389-€14,727-€5,090€7,617▲ 250%
Contributions10/11-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€28,042-€24,589-€20,927-€11,290€1,417▲ 113%
Amounts payable17/49€892,926€827,893€786,441€740,040€690,677▼ 6.7%
Amounts payable after more than one year17€595,995€564,734€534,282€502,106€514,466▲ 2.5%
Financial debts170/4-€564,734€534,282€502,106€514,466▲ 2.5%
Amounts payable within one year42/48€296,931€263,159€252,159€237,631€176,150▼ 25.9%
Current portion of amounts payable after more than one year42-€31,261€31,261€32,176€33,074▲ 2.8%
Trade debts44€2,958€0----
Suppliers440/4-€0----
Other amounts payable47/48-€231,898€220,898€205,456€143,075▼ 30.4%
Accrued charges and deferred income492/3---€303€61▼ 79.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,902€3,453€3,662€9,637€12,706▲ 31.8%
+ Depreciation and write-downs630€36,656€36,656€36,656€36,656€36,656=
Operating cash flow (approximation)€34,754€40,109€40,317€46,293€49,362▲ 6.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€176-€1,135---

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 191 days late
2025
30-06
Financial Highest result since 2019net €12,706 ▲31.8%
Operating result €32,506, net result €12,706, both a record.
25-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
08-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
17-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
30-06
Financial Back to profitnet €3,453
Net result €3,453 after 3 loss-making years.
03-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 92 days late
2020
30-06
Financial Weakest financial yearnet -€25,509
Net result drops to -€25,509, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Zutendaal · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
935 m²
Volume, LiDAR
4,430 m³
Parcel 71582C0311/00L004, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
IMMO D & C
Grensweg 22, 3690 ZutendaalFinancial service activities, except insurance and pension funding
since 20182.272.775.425
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71582C0311/00L004 Flanders 1.0 ha 1 · 935 m² 8.1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0687812845
Also 9925:BE0687812845
Registered 03-11-2025

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

Register as of 30 September 2026 · Peppol Directory

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