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IMMO DES

Judicial reorganisation
Private limited company (pre-2019)founded 20188 yrs activeVenelle Gaspard 25, 1300 Wavre, BelgiumKBO/BCE: BE 0696.799.597
Summary

The file of IMMO DES contains 3 judicial reorganisation notices, as published in the Belgian State Gazette. The KBO register records for IMMO DES the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€14,057) and a net result of -€6,255. Equity is shrinking by ~12.9% per year across the filed fiscal years.

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Walloon Brabant
Opened
22 July 2026
Track
Reorganisation by transfer under court supervision
Docket number
20260016
Moratorium until
17 December 2026
Delegated judge
Thierry Percy
Official Gazette
28-07-2026 (pdf) ↗search the document for 2026/133179

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it; creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 17 December 2026, unless the court extends or ends it earlier.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known1 site
Size
€71,618turnover 2025
Equity
-€14,057
Loss
-€6,255
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts filed 61 d late0 of 1 deed read
Why 24- Negative equity- In judicial reorganisationFiled after the deadlineShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian State Gazette caps the score at 24. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 24=
equity -1.4% of total assets
Liquidity 47-3
short-term debt 15.9% · cash 0.2%
Profitability 60-8
return on assets -0.6%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.7 against 0.69 in 2024; short-term debt: 15.9% and cash: 0.2% of total assets), and equity is negative.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€14,057
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring. The KBO register also records: special situation.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 7 filings
Deviation from the deadline
2025
61 d late
2024
61 d late
2023
27 d late
2022
31 d late
2021
61 d late
2020
317 d late
2019
341 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 128 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. ExtensionTribunal de l’entreprise du Brabant…
  3. Transfer under judicial authorityTribunal de l’entreprise du Brabant…

Key points

  • Risk: In judicial reorganisationcreditors: see the procedure below 22-07-2026 View
  • Risk: Negative equityfiscal year 2025: debts exceed assets -€14,057 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 d View

By topic

Financials

Fiscal year
2025
Turnover
€71,618
Loss
-€6,255
Solvency
-1.4%
Turnover▲ 10.9%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2021
Next accounts
by 31-07-2027
  1. 30-09-2026Annual accounts filed
  2. 28-07-2026Extension
  3. 01-04-2026Transfer under judicial authority
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
25-05-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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