Immo-DeBu Construct
ActiveSummary
Immo-DeBu Construct has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€108,867) and a net result of -€12,300. Equity is shrinking by about 9.9% per year across the filed financial years. Its solvency ranks better than 10% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Equity
- -€108,867
- Loss
- -€12,300
Why 54raises riskCapped at 59: negative equityNegative equity -€108,867Liquidity: current ratio 0.43, cash €5,788lowers riskSize: total assets €520,512Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 10% on solvency, 12% on liquidity, 41% on profitability and 26% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 6 accounts on average 2 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €9,166 in 2025 against €1,695 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94.9% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 1,167 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,100 | €0 | €24,866 | €19,150 | €19,548 | €21,003 | ▲ 7.4% |
| Other operating charges640/8 | - | - | €434 | €5,849 | €4,271 | €4,379 | ▲ 2.5% |
| Gross operating margin9900 | -€62,673 | -€22,902 | €19,322 | €24,044 | €22,125 | €16,215 | ▼ 26.7% |
| Operating profit (loss)9901 | -€68,300 | -€25,979 | -€5,978 | -€955 | -€1,695 | -€9,166 | ▼ 441% |
| Financial charges65/66B | - | - | €4,519 | €3,532 | €3,623 | €3,133 | ▼ 13.5% |
| Recurring financial charges65 | €343 | €242 | €4,519 | €3,532 | €3,623 | €3,133 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | -€68,643 | -€26,222 | -€10,497 | -€4,487 | -€5,318 | -€12,300 | ▼ 131% |
| Profit (loss) for the period9904 | -€68,643 | -€26,222 | -€10,497 | -€4,487 | -€5,318 | -€12,300 | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | -€68,643 | -€26,222 | -€10,497 | -€4,487 | -€5,318 | -€12,300 | ▼ 131% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €188,741 | €392,276 | €382,073 | €352,066 | €492,216 | €520,512 | ▲ 5.7% |
| Fixed assets21/28 | €7,954 | €370,105 | €356,857 | €335,861 | €319,079 | €354,674 | ▲ 11.2% |
| Tangible fixed assets22/27 | €7,954 | €370,105 | €356,857 | €335,861 | €319,079 | €354,674 | ▲ 11.2% |
| Land and buildings22 | - | - | €356,857 | €335,861 | €319,079 | €354,674 | ▲ 11.2% |
| Current assets29/58 | €180,787 | €22,170 | €25,216 | €16,205 | €173,138 | €165,838 | ▼ 4.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €150,000 | €150,000 | = |
| Other amounts receivable291 | - | - | - | - | €150,000 | €150,000 | = |
| Amounts receivable within one year40/41 | €32,463 | €5,871 | €11,413 | €5,461 | €14,401 | €10,050 | ▼ 30.2% |
| Trade receivables40 | - | - | €5,595 | €4,703 | €14,244 | €10,050 | ▼ 29.4% |
| Other amounts receivable41 | - | - | €5,818 | €758 | €156 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €148,324 | €15,989 | €13,682 | €10,639 | €8,737 | €5,788 | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | - | €121 | €105 | €0 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €188,741 | €392,276 | €382,073 | €352,066 | €492,216 | €520,512 | ▲ 5.7% |
| Equity10/15 | -€50,043 | -€76,265 | -€86,762 | -€91,249 | -€96,567 | -€108,867 | ▼ 12.7% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€68,643 | -€94,865 | -€105,362 | -€109,849 | -€115,167 | -€127,467 | ▼ 10.7% |
| Amounts payable17/49 | €238,784 | €468,540 | €468,835 | €443,315 | €588,783 | €629,379 | ▲ 6.9% |
| Amounts payable after more than one year17 | - | €310,750 | €279,209 | €264,936 | €250,504 | €240,666 | ▼ 3.9% |
| Financial debts170/4 | - | - | €278,459 | €264,186 | €249,754 | €235,161 | ▼ 5.8% |
| Other amounts payable178/9 | - | - | €750 | €750 | €750 | €5,505 | ▲ 634% |
| Amounts payable within one year42/48 | €238,556 | €157,617 | €189,626 | €167,013 | €326,044 | €382,106 | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | €14,115 | €14,273 | €14,432 | €17,011 | ▲ 17.9% |
| Trade debts44 | €3,676 | €7,846 | €1,905 | €884 | €11,928 | €607 | ▼ 94.9% |
| Suppliers440/4 | - | - | €1,905 | €884 | €11,928 | €607 | ▼ 94.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,809 | €5,904 | ▲ 22.8% |
| Taxes450/3 | - | - | - | - | €4,809 | €5,904 | ▲ 22.8% |
| Other amounts payable47/48 | - | - | €173,605 | €151,856 | €294,875 | €358,584 | ▲ 21.6% |
| Accrued charges and deferred income492/3 | - | - | €0 | €11,366 | €12,235 | €6,607 | ▼ 46.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€68,643 | -€26,222 | -€10,497 | -€4,487 | -€5,318 | -€12,300 | ▼ 131% |
| + Depreciation and write-downs630 | €4,100 | €0 | €24,866 | €19,150 | €19,548 | €21,003 | ▲ 7.4% |
| Operating cash flow (approximation) | -€64,543 | -€26,222 | €14,369 | €14,663 | €14,231 | €8,703 | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | -€362,151 | -€11,618 | €1,847 | -€2,766 | -€56,599 | ▼ 1,946% |
| Change in cash | - | -€132,335 | -€2,308 | -€3,042 | -€1,902 | -€2,949 | ▼ 55.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00022893 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00020949 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00018519 |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00009915 |
| 30-06-2021 | micro format | 14-02-2022 | 2022-05500340 |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03600460 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DESTROOPER Bert |
|
Owners and capital
Capital and shareholders
- 08-12-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
3 connected companiesHistory
Acts, filings and financial milestones
08-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: DESTROOPER Bert (director) · Reappointment: DESTROOPER Bert (director) · Incorporation14 facts ▸
- Incorporation, 18-10-2018
- Registered-office move, Elzendreef 4,8020 Oostkamp
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
- Capital
- Power of attorney, Daphne Vandevelde
- Director resignation, DESTROOPER Bert (director)
- Director reappointment, DESTROOPER Bert (director (not named in the articles))
- Director discharge, DESTROOPER Bert
- Registered office clause, “8020 Oostkamp,Elzendreef 4” (deed in Dutch)
- Power of attorney, DESTROOPER Bert
- Amendment of the articles, 1. 1.
- +2 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0711.890.819
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31009D0977/02L002 | Flanders | 9,540 m² | 1 · 354 m² | 22.3 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle verrichtingen betreffende kopen,verkopen,bouwen,omvormen,inrichten,huren,verhuren,in erfpacht of opstal nemen of geven,in leasing nemen…” (deed in Dutch)
7 activities (deed in Dutch)
- Alle verrichtingen betreffende kopen,verkopen,bouwen,omvormen,inrichten,huren,verhuren,in erfpacht of opstal nemen of geven,in leasing nemen en geven,rechtstreeks of onrechtstreeks uitbaten of doen uitbaten,ruilen,horizontaal en verticaal verdelen,verkavelen,onder het stelsel van mede-eigendom plaatsen,en in het algemeen alles doen wat rechtsreeks of onrechtstreeks in verband staat met het commercieel,technisch en/of administratief beheer en met het doen opbrengen,voor zichzelf,van alle onroerende al dan niet bebouwde eigendommen,alle studies en waarderingen uitvoeren,alle administratieve toestemmingen vragen,lastenkohieren opstellen,architecten- en ondernemingscontracten sluiten.
- Het aannemen,het bouwen,het verbouwen en renoveren van woningen en andere gebouwen zowel in particuliere,openbare als industriële sector. Dit omvat alle activiteiten nodig voor het volledig afwerken van hoger vermelde bouwwerken: de algemene bouwonderneming,onderneming voor het optrekken van gebouwen en onder dak zetten,de coördinatie van de andere aan onderaannemers toevertrouwde en door deze uitgevoerde voltooiingswerken van gebouwen,restauratie- en renovatiewerken,slopingswerken,bouwen van stallingen alsmede het invoegen en reinigen van gevels,voor het plaatsen van ijzerwerk,metalen luiken en metalen schrijnwerk,voor het plaatsen van ruiten,glas,spiegelglas,gekleurde ramen en het aanwenden van alle doorschijnend en doorzichtig materieel,chapewerken,plaatsen van vloeren en tegels,isolatiewerken,bezettingswerken,montage van hangars,loodsen,schuren en silo’s,bouw van bruggen en tunnels en viaducten,bouwen van tunnels voor spoorweg- en autoverkeer en overige ondergrondse doorgangen,elektrotechnische installatiewerken,installatie van verlichtings- en signaleringssystemen,loodgieterij,installatie reparatie en onderhoud verwarmingsinstallaties,klimaatregeling en ventilatie,stukadoorswerken,schrijnwerk. Uitvoeren van studies en verlenen van advies in verband met stedenbouwkundige planning en landschapsarchitectuur. Ontwerpen van tuinen en parken. Landschapsverzorging. Plaatsen van behang,vloerbedekking en wandbekleding van hout en andere materialen.
- Het uitvoeren van opdrachten in het kader van aanneming op het gebied van administratie,management,management development,innovatie,bedrijfsorganisatie,strategisch beheer,personeel,verzekeringen,finance,beheerscontrole,juridisch advies,marketing.
- Het aanvaarden en waarnemen van bestuursmandaten in vennootschappen,verenigingen en maatschappen.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm; in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen. Zij mag alle werkzaamheden en rechtshandelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar doel. De vennootschap mag al deze verrichtingen uitvoeren in België of in het buitenland,voor eigen rekening of voor rekening van derden,in de meest uitgebreide zin. Zij mag kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of pand te geven.
- Het deelnemen bij wijze van inbreng,fusie,inschrijving of andere tussenkomst aan alle bestaande of op te richten vennootschappen,zowel in België als in het buitenland.
- De uitbouw van een onroerend vermogen en het beheer,huur,verhuur en onderverhuur van onroerende goederen van alle aard,ongeacht de bestemming ervan.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Immo-DeBu Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 1. 2.” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bestuurders kunnen in deze hoedanigheid niet door een arbeidsovereenkomst met de vennootschap zijn verbonden. Wanneer een rechtspersoon…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking” (deed in Dutch)“Vaste of evenredige vergoeding indien bezoldigd, algemene vergadering beslist of mandaat bestuurder bezoldigd wordt” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft overdrager en helft koper(s),naar evenredigheid aantal bij meerdere kopers, bestuursorgaan” (deed in Dutch)“Geheel of deel van aandelen vrij overdraagbaar, vennootschap telt maar één aandeelhouder meer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of December at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening en ontbinding in één akte, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)