IMMO DENIS
ActiveSummary
IMMO DENIS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244,983 and a net result of -€11,417. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 9.88 against 2.23 in 2024; short-term debt: 1.4% and cash: 12.8% of total assets), and 1.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€11,417
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 6 filingsDeviation from the deadline
2025
3 d late
2024
4 d late
2023
1 d early
2022
95 d early
2021
4 d early
2020
33 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 21 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 (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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€42,000
EBIT margin
11.8%
Net result
-€11,417▼ 22.4%
2024 · -€9,327
Working capital
€29,874▲ 105%
2024 · €14,572
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€3,812▼ 23.2%€6,612▲ 73.5%-€9,196-€7,357▲ 20.0%-€10,101▼ 37.3%
Net result-€407within the sector's middle half€1,625within the sector's middle half-€10,856below the sector's middle half-€9,327within the sector's middle half▲ 14.1%-€11,417below the sector's middle half▼ 22.4%
EBIT margin
Equity€303,529within the sector's middle half▼ 0.1%€276,583within the sector's middle half▼ 8.9%€265,727within the sector's middle half▼ 3.9%€256,400within the sector's middle half▼ 3.5%€244,983within the sector's middle half▼ 4.5%
Total assets€318,854within the sector's middle half▼ 1.2%€345,696within the sector's middle half▲ 8.4%€291,606within the sector's middle half▼ 15.6%€270,642within the sector's middle half▼ 7.2%€248,597within the sector's middle half▼ 8.1%
Debt€15,325▼ 18.1%€69,113▲ 351%€25,879▼ 62.6%€14,242▼ 45.0%€3,614▼ 74.6%
Working capital€23,417within the sector's middle half▲ 85.0%-€4,099within the sector's middle half€4,425within the sector's middle half€14,572within the sector's middle half▲ 229%€29,874within the sector's middle half▲ 105%
Solvency95.2%above the sector's middle half▲ 1.0pp80.0%above the sector's middle half▼ 15.2pp91.1%above the sector's middle half▲ 11.1pp94.7%above the sector's middle half▲ 3.6pp98.5%above the sector's middle half▲ 3.8pp
Current ratio2.53within the sector's middle half▲ 0.850.91within the sector's middle half▼ 1.611.32within the sector's middle half▲ 0.402.23within the sector's middle half▲ 0.929.88above the sector's middle half▲ 7.65
Return on assets (ROA)-0.1%within the sector's middle half▼ 0.1pp0.5%within the sector's middle half▲ 0.6pp-3.7%below the sector's middle half▼ 4.2pp-3.4%below the sector's middle half▲ 0.3pp-4.6%below the sector's middle half▼ 1.1pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,101 in 2025 against €7,357 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248,597
Fixed assets
€215,359 ▼ 11.8%
Current assets
€33,238 ▲ 26.0%
Equity and liabilities €248,597
Equity
€244,983 ▼ 4.5%
Debt
€3,614 ▼ 74.6%
Debt's share of the balance-sheet total falls from 5.3% to 1.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18,803▼
2024 · €21,543
Cash flow
€17,487▼
2024 · €19,574
Debt to equity
0.01▼
2024 · 0.06
ROE
-4.7%▼
2024 · -3.6%
Interest coverage
107.35▲
2024 · 73.21
Debt ≤ 1 year
€3,364▼
2024 · €11,806
Debt > 1 year
€0▼
2024 · €1,705
Income taxes
€1,140▼
2024 · €1,675
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.3%
went bankrupt
7.5%
stopped otherwise
90%
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 0.8% 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%.
| 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 3,441 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,072 | €28,093 | €29,419 | €28,901 | €28,904 | = |
| Other operating charges640/8 | €6,967 | €9,177 | €7,137 | €7,356 | €7,530 | ▲ 2.4% |
| Gross operating margin9900 | €26,851 | €43,882 | €27,360 | €28,899 | €26,333 | ▼ 8.9% |
| Operating profit (loss)9901 | €3,812 | €6,612 | -€9,196 | -€7,357 | -€10,101 | ▼ 37.3% |
| Financial charges65/66B | €66 | €507 | €456 | €294 | €175 | ▼ 40.5% |
| Recurring financial charges65 | €66 | €507 | €456 | €294 | €175 | ▼ 40.5% |
| Profit (loss) for the period before taxes9903 | €3,745 | €6,105 | -€9,652 | -€7,652 | -€10,276 | ▼ 34.3% |
| Income taxes67/77 | €4,152 | €4,480 | €1,204 | €1,675 | €1,140 | ▼ 31.9% |
| Profit (loss) for the period9904 | -€407 | €1,625 | -€10,856 | -€9,327 | -€11,417 | ▼ 22.4% |
| Profit (loss) for the period to be appropriated9905 | -€407 | €1,625 | -€10,856 | -€9,327 | -€11,417 | ▼ 22.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,854 | €345,696 | €291,606 | €270,642 | €248,597 | ▼ 8.1% |
| Fixed assets21/28 | €280,112 | €302,583 | €273,164 | €244,263 | €215,359 | ▼ 11.8% |
| Tangible fixed assets22/27 | €280,112 | €302,583 | €273,164 | €244,263 | €215,359 | ▼ 11.8% |
| Land and buildings22 | €279,050 | €262,791 | €246,531 | €230,272 | €214,009 | ▼ 7.1% |
| Furniture and vehicles24 | €1,061 | €39,792 | €26,633 | €13,992 | €1,351 | ▼ 90.3% |
| Current assets29/58 | €38,742 | €43,113 | €18,442 | €26,378 | €33,238 | ▲ 26.0% |
| Amounts receivable within one year40/41 | €157 | €187 | €2,136 | €238 | €625 | ▲ 163% |
| Other amounts receivable41 | €157 | €187 | €2,136 | €238 | €625 | ▲ 163% |
| Cash at bank and in hand54/58 | €36,940 | €41,677 | €15,556 | €25,361 | €31,784 | ▲ 25.3% |
| Deferred charges and accrued income490/1 | €1,646 | €1,248 | €750 | €780 | €829 | ▲ 6.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,854 | €345,696 | €291,606 | €270,642 | €248,597 | ▼ 8.1% |
| Equity10/15 | €303,529 | €276,583 | €265,727 | €256,400 | €244,983 | ▼ 4.5% |
| Contributions10/11 | €2,684 | €2,684 | €2,684 | €2,684 | €2,684 | = |
| Revaluation surpluses12 | €244,518 | €229,240 | €213,961 | €198,683 | €183,405 | ▼ 7.7% |
| Reserves13 | €33,501 | €44,659 | €49,082 | €55,033 | €58,895 | ▲ 7.0% |
| Distributable reserves133 | €33,501 | €44,659 | €49,082 | €55,033 | €58,895 | ▲ 7.0% |
| Profit (loss) carried forward14 | €22,826 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €15,325 | €69,113 | €25,879 | €14,242 | €3,614 | ▼ 74.6% |
| Amounts payable after more than one year17 | - | €21,901 | €11,862 | €1,705 | €0 | ▼ 100% |
| Financial debts170/4 | - | €21,901 | €11,862 | €1,705 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €15,325 | €47,212 | €14,017 | €11,806 | €3,364 | ▼ 71.5% |
| Current portion of amounts payable after more than one year42 | - | €9,921 | €10,038 | €10,158 | €1,705 | ▼ 83.2% |
| Trade debts44 | €6,036 | €1,739 | €1,099 | €977 | €730 | ▼ 25.3% |
| Suppliers440/4 | €6,036 | €1,739 | €1,099 | €977 | €730 | ▼ 25.3% |
| Taxes, remuneration and social security45 | €9,096 | €6,132 | €1,980 | €260 | €175 | ▼ 32.6% |
| Taxes450/3 | €9,096 | €6,132 | €1,980 | €260 | €175 | ▼ 32.6% |
| Other amounts payable47/48 | €192 | €29,421 | €900 | €411 | €754 | ▲ 83.5% |
| Accrued charges and deferred income492/3 | - | - | - | €731 | €250 | ▼ 65.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€407 | €1,625 | -€10,856 | -€9,327 | -€11,417 | ▼ 22.4% |
| + Depreciation and write-downs630 | €16,072 | €28,093 | €29,419 | €28,901 | €28,904 | = |
| Operating cash flow (approximation) | €15,665 | €29,719 | €18,563 | €19,574 | €17,487 | ▼ 10.7% |
| Investment in fixed assets (approximation) | - | -€50,564 | €0 | €0 | €0 | - |
| Change in cash | - | €4,738 | -€26,122 | €9,805 | €6,424 | ▼ 34.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet -€11,417
Net result drops to -€11,417, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 9.88
Current ratio from 2.23 to 9.88; short-term debt falls from €11,806 to €3,364.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,625
Net result €1,625 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Oupeye · 1 establishment unit since 2020
Ground area
1,621 m²
Building footprint
94 m²
Volume, LiDAR
498 m³
Parcel 62079A0616/00A000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO DENIS
since 20202.307.371.068
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62079A0616/00A000 | Wallonia | 1,621 m² | 1 · 94 m² | 6.6 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.
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Of 12,041 companies in sector 68203 we hold annual accounts for 6,007. 4,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751861747
Registered
04-11-2025
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.