Checked.be
Active
BE 0466.552.479Public limited company
Immo - Dessables
Avenue Thomas Edison 188 ·1402 Nivelles, Belgium· 27 yrs active
Sector: Support activities for crop production
(01610)
Conclusion
Immo - Dessables has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.86M and a net result of €-1.16M. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 461 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €17.86M |
| Net result | €-1.16M |
| Better than sector | 95% |
| Active | 27 yrs |
Financial profile
64
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
70
Profitability
0
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1999, 27 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
70
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1.25M
estimate, not credit advice
Score history
81
2022
100
2023
86
2024
70
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 311.84 (≥ 1.5)
+10
Quick ratio
Quick ratio 311.84 (≥ 1.0)
+5
Leverage
Debt/equity 0.00 (< 1.0)
+10
Profitability
Negatieve ROE -7%
-10
Interest coverage
Interest coverage 437.0× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~5.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 01, Crop and animal production, hunting and related service activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.6% | 45.0% | |
| Net result | €-1.16M | €60k | |
| Equity | €17.86M | €810k | |
| Gross operating margin | €35k | €293k | |
| Total assets | €17.93M | €2.29M |
€32k
-75.6%
22-25
€-1.16M
-
22-25
€-1.11M
-
22-25
€17.93M
-8.0%
22-25
€17.86M
-6.1%
22-25
€9.62M
-10.7%
22-25
€1.73M
+1945.0%
22-25
€34k
-92.1%
22-25
€31k
-92.6%
22-25
€3k
0.0%
22-25
311.84
+1072.2%
22-25
311.84
+1072.2%
22-25
99.6%
+2.0%
22-25
0.00
-91.5%
22-25
-6.5%
-
22-25
-6.5%
-
22-25
437.05
+4549.0%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €32k | €129k | €6.19M | €86k |
| Net profit | €-1.16M | €189k | €6.20M | €106k |
| Cash flow | €-1.11M | €246k | €6.26M | €164k |
| Staff costs | - | - | - | - |
| Income taxes | €1.73M | €85k | €37k | €41k |
| Dividends | - | - | - | - |
| Total assets | €17.93M | €19.48M | €20.77M | €14.84M |
| Equity | €17.86M | €19.02M | €18.83M | €12.63M |
| Debt | €34k | €427k | €1.90M | €2.17M |
| of which ≤ 1y | €31k | €421k | €671k | €676k |
| of which > 1y | €3k | €3k | €1.23M | €1.49M |
| Working capital | €9.62M | €10.77M | €11.61M | €4.33M |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 311.84 | 26.60 | 18.30 | 7.40 |
| Quick ratio | 311.84 | 26.60 | 18.30 | 7.40 |
| Working capital ratio | 53.7% | 55.3% | 55.9% | 29.1% |
| Solvency | 99.6% | 97.6% | 90.7% | 85.1% |
| Debt / equity | 0.00 | 0.02 | 0.10 | 0.17 |
| Long-term debt ratio | 0.00 | 0.00 | 0.07 | 0.12 |
| Interest coverage | 437.05 | 9.40 | 89.75 | 2.01 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -6.5% | 1.0% | 29.8% | 0.7% |
| ROE | -6.5% | 1.0% | 32.9% | 0.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €17.93M | €19.48M | €20.77M | €14.84M |
| Fixed assets | 21/28 | €8.28M | €8.30M | €8.49M | €9.84M |
| Tangible fixed assets | 22/27 | €6.78M | €6.83M | €6.90M | €8.20M |
| Financial fixed assets | 28 | €1.50M | €1.47M | €1.59M | €1.65M |
| Current assets | 29/58 | €9.65M | €11.19M | €12.28M | €5.00M |
| Amounts receivable within one year | 40/41 | €5.12M | €4.98M | €4.75M | €4.68M |
| Investments | 50/53 | €250k | €250k | €250k | €250k |
| Cash & bank | 54/58 | €4.28M | €5.96M | €7.28M | €74k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17.93M | €19.48M | €20.77M | €14.84M |
| Equity | 10/15 | €17.86M | €19.02M | €18.83M | €12.63M |
| Contributions / capital | 10/11 | €1.29M | €1.29M | €1.29M | €1.29M |
| Reserves | 13 | €308k | €312k | €122k | €126k |
| Accumulated profits (losses) | 14 | €16.26M | €17.42M | €17.42M | €11.22M |
| Provisions & deferred taxes | 16 | €35k | €36k | €37k | €39k |
| Amounts payable | 17/49 | €34k | €427k | €1.90M | €2.17M |
| Amounts payable after one year | 17 | €3k | €3k | €1.23M | €1.49M |
| Amounts payable within one year | 42/48 | €31k | €421k | €671k | €676k |
| Trade debts payable within one year | 44 | - | - | €11k | €19k |
| Income statement | |||||
| Gross operating margin | 9900 | €35k | €144k | €6.21M | €100k |
| Operating result | 9901 | €-25k | €72k | €6.13M | €29k |
| Financial income | 75 | €231k | €214k | €174k | €160k |
| Financial charges | 65 | €72 | €14k | €69k | €43k |
| Result before taxes | 9903 | €563k | €272k | €6.23M | €146k |
| Income taxes | 67/77 | €1.73M | €85k | €37k | €41k |
| Net result for the period | 9904 | €-1.16M | €189k | €6.20M | €106k |
| Result to be appropriated | 9905 | €-1.16M | €193k | €6.20M | €110k |
Legal Structure
| NACE primary | Support activities for crop production(01610) |
| Legal form | Public limited company(014) |
| Incorporation | 15-07-1999 |
| Status | Active |
| Postal code | 1402 |
Establishment units
IMMO-DESSABLES
since 20082.174.077.232
Real-estate footprint
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063D0150/00F000 | Wallonia | 1.0 ha | 1 · 103 m² | - |
| 25099D0012/00X002 | Wallonia | 744 m² | 1 · 231 m² | 7.7 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet €-1.16M ▼716%
Net result drops to €-1.16M, the lowest in the series.
30-09
Financial
Liquidity times 12current ratio 311.84
Current ratio from 26.60 to 311.84; short-term debt falls from €421k to €31k.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 15 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Highest result since 2022net €6.20M ▲5725%
Operating result €6.13M, net result €6.20M, both a record.
30-09
Financial
Liquidity doublescurrent ratio 18.30
Current ratio from 7.40 to 18.30; short-term debt falls from €676k to €671k.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 15 days late
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Support activities for crop production01610Growing of cereals (except rice), leguminous crops and oil seeds01110
Names & trade names
| Legal nameFR | Immo - Dessables |
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