IMMO DLM
ActiveSummary
IMMO DLM has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,395 and a net result of -€1,599. Equity has been shrinking by about 4.2% per year since 2018. Its solvency ranks better than 93% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-04-2003 Normal situation
- Registered office
- 18 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.127.013.624 6183 Courcelles, since 07-05-2003
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€655
- ▲ 63.0%
- Loss
- €1,599
- ▼ 84.8%
- Equity
- €108,395
- ▼ 1.5%
- Total assets
- €115,158
- ▼ 0.2%
Score breakdownraises riskLiquidity: current ratio 17.02lowers riskFounded in 2003Legal form: public limited companyEquity €108,395 (94.1% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 91% of them on solvency, 98% on liquidity, 19% on profitability and 40% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 22 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,055, smaller than the loss of €2,592 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,198 | - | - |
| Depreciation and write-downs of the year | - | - | €349 | €399 | €399 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €285 | €285 | €217 | - | - | €349 | €399 | €399 | = |
| Other operating charges640/8 | - | - | - | €814 | €1,422 | €407 | €422 | - | - |
| Gross operating margin9900 | €10,411 | €6,382 | €1,539 | €2,571 | -€2,234 | €3,495 | -€1,770 | -€655 | ▲ 63.0% |
| Operating profit (loss)9901 | €9,326 | €5,049 | €739 | €1,758 | -€3,657 | €2,739 | -€2,592 | -€1,055 | ▲ 59.3% |
| Financial income75/76B | - | - | - | - | - | €2,599 | - | - | - |
| Recurring financial income75 | €2 | €1 | €55 | - | - | €2,599 | - | - | - |
| Financial charges65/66B | - | - | - | €608 | €358 | €2,494 | €7,875 | €544 | ▼ 93.1% |
| Recurring financial charges65 | €209 | €4,283 | €1,084 | €608 | €358 | €2,494 | €7,875 | €544 | ▼ 93.1% |
| Profit (loss) for the period before taxes9903 | €9,119 | €768 | -€290 | €1,150 | -€4,014 | €2,843 | -€10,467 | -€1,599 | ▲ 84.7% |
| Income taxes67/77 | €953 | €353 | €139 | €139 | €9 | - | €21 | - | - |
| Profit (loss) for the period9904 | €8,166 | €414 | -€428 | €1,011 | -€4,024 | €2,843 | -€10,488 | -€1,599 | ▲ 84.8% |
| Profit (loss) for the period to be appropriated9905 | €8,166 | €414 | -€428 | €1,011 | -€4,024 | €2,843 | -€10,488 | -€1,599 | ▲ 84.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €317,994 | €334,553 | €164,142 | €161,769 | €162,393 | €152,373 | €115,433 | €115,158 | ▼ 0.2% |
| Fixed assets21/28 | €502 | €217 | - | - | - | €849 | €450 | €50 | ▼ 88.8% |
| Tangible fixed assets22/27 | €502 | €217 | - | - | - | €849 | €450 | €50 | ▼ 88.8% |
| Furniture and vehicles24 | - | - | - | - | - | €849 | €450 | €50 | ▼ 88.8% |
| Current assets29/58 | €317,492 | €334,336 | €164,142 | €161,769 | €162,393 | €151,524 | €114,984 | €115,108 | ▲ 0.1% |
| Stocks and contracts in progress3 | €157,969 | €157,969 | €157,969 | €157,969 | €157,969 | €114,171 | €114,171 | €114,171 | = |
| Stocks30/36 | - | - | - | €157,969 | €157,969 | €114,171 | €114,171 | €114,171 | = |
| Amounts receivable within one year40/41 | €157,150 | €174,704 | €6,170 | €3,800 | €4,424 | €37,353 | €813 | €937 | ▲ 15.2% |
| Trade receivables40 | - | - | - | €3,800 | €4,300 | €36,890 | €813 | - | - |
| Other amounts receivable41 | - | - | - | - | €124 | €463 | €0 | €937 | - |
| Cash at bank and in hand54/58 | €2,373 | €1,663 | €3 | - | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €317,994 | €334,553 | €164,142 | €161,769 | €162,393 | €152,373 | €115,433 | €115,158 | ▼ 0.2% |
| Equity10/15 | €308,666 | €309,081 | €120,652 | €121,663 | €117,639 | €120,482 | €109,994 | €108,395 | ▼ 1.5% |
| Contributions10/11 | €250,000 | €250,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Non-distributable reserves130/1 | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €58,666 | €34,081 | €33,652 | €34,663 | €30,639 | €33,482 | €22,994 | €21,395 | ▼ 7.0% |
| Amounts payable17/49 | €9,328 | €25,472 | €43,490 | €40,106 | €44,754 | €31,890 | €5,439 | €6,762 | ▲ 24.3% |
| Amounts payable within one year42/48 | €9,328 | €19,803 | €43,490 | €40,106 | €44,754 | €31,890 | €5,439 | €6,762 | ▲ 24.3% |
| Financial debts43 | - | - | - | €24 | €44 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €24 | €44 | - | - | - | - |
| Trade debts44 | €7,619 | €17,809 | €22,135 | €14,883 | €17,353 | €384 | €0 | - | - |
| Suppliers440/4 | - | - | - | €14,883 | €17,353 | €384 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €278 | €149 | €149 | €170 | €323 | ▲ 90.1% |
| Taxes450/3 | - | - | - | €278 | €149 | €149 | €170 | €323 | ▲ 90.1% |
| Other amounts payable47/48 | - | - | - | €24,921 | €27,209 | €31,357 | €5,269 | €6,440 | ▲ 22.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,166 | €414 | -€428 | €1,011 | -€4,024 | €2,843 | -€10,488 | -€1,599 | ▲ 84.8% |
| + Depreciation and write-downs630 | €285 | €285 | €217 | - | - | €349 | €399 | €399 | = |
| Operating cash flow (approximation) | €8,450 | €699 | -€211 | €1,011 | -€4,024 | €3,192 | -€10,089 | -€1,200 | ▲ 88.1% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | €0 | €0 | - |
| Change in cash | - | -€710 | -€1,660 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as IMMO DLM has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IMMO DLM itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for IMMO DLM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00357651 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00383955 | |
| 31-12-2023 | micro format | 05-08-2024 | 2024-00331238 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00412032 | |
| 31-12-2021 | micro format | 02-10-2022 | 2022-20450084 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-62300171 | |
| 31-12-2019 | micro format | 26-09-2020 | 2020-56400320 | |
| 31-12-2018 | micro format | 28-09-2019 | 2019-67200301 | |
| 31-12-2017 | micro format | 31-10-2018 | 2018-71800306 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59500401 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
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. Use the enterprise number 0479.999.352
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52045A0524/00L003 | Wallonia | 2,082 m² | 1 · 1,174 m² | 7.1 m · 2 |
| 52066B0216/00R000 | Wallonia | 126 m² | 1 · 162 m² | 9.7 m · 2 |