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IMMO D. S. D.

Active
Public limited companyfounded 198937 years activeRue de la Molignée 1, 5537 Anhée, BelgiumKBO/BCE: BE 0437.972.816
Summary

IMMO D. S. D. has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177,084 and a net result of -€59,687. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 4,578 sector peers (NACE 56, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€465,773total assets 2025
Equity
€177,084
Loss
-€59,687
Net result +69%: other schema
Financial health
67 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.8%
Structure
Accounts filed 31 days late0 of 10 deeds read
Why 67- Sector Food and beverage service activities (NACE 56)- Loss of €59,687, the second in a row (FY 2025)- Latest accounts 31 days late; 1 of the last 3 late+ Founded in 1989Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 63-8
equity 38.0% of total assets
Liquidity 35-9
short-term debt 58.3% · cash 12.4%
Profitability 3+3
return on assets -12.8%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.5%▲ +0.4 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.1 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.51 in 2024; short-term debt: 58.3% and cash: 12.4% of total assets), and 62% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 58% on solvency, 30% on liquidity, 18% on profitability and 22% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Loss of €59,687, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€59,687
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
20 days early
2022
18 days late
2021
30 days early
2020
23 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€191,018

Key points

  • Caution: Among the weakest 9% on net resultsector median €10,391 · 4,571 companies -€59,687 View
  • Positive: Result rose in 2025different schema filed ▲ 68.8% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€59,687 View

By topic

Financials

Fiscal year
2025
Total assets
€465,773
Loss
-€59,687
Solvency
38.0%
Total assets▼ 9.0%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 11-07-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Liquidity quadruples
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Full-service restaurantsNACE 56111
Founded
11-07-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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