IMMO DVM
ActiveSummary
IMMO DVM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€487,414) and a net result of -€33,400. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability11▼-2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2023; short-term debt: 220.6% and cash: 4.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-155.7%
Return on assets
-10.7%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€487,414
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
2 d late
2022
23 d late
2021
30 d late
2020
30 d late
2019
69 d late
← 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 after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€487,414▼ 7.4%
2023 · -€454,014
Total assets
€313,022▼ 5.0%
2023 · €329,556
Net result
-€33,400▼ 2.4%
2023 · -€32,602
Working capital
-€677,183▼ 8.3%
2023 · -€625,360
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€11,128€6,803▼ 38.9%€1,337▼ 80.4%€8,711▲ 552%€17,100▲ 96.3%
Net result-€1,878below the sector's middle half▲ 92.1%-€4,939below the sector's middle half▼ 163%-€27,612below the sector's middle half▼ 459%-€32,602below the sector's middle half▼ 18.1%-€33,400below the sector's middle half▼ 2.4%
Equity-€388,861below the sector's middle half▼ 0.5%-€393,801below the sector's middle half▼ 1.3%-€421,413below the sector's middle half▼ 7.0%-€454,014below the sector's middle half▼ 7.7%-€487,414below the sector's middle half▼ 7.4%
Total assets€397,006within the sector's middle half▼ 5.0%€380,322within the sector's middle half▼ 4.2%€356,905within the sector's middle half▼ 6.2%€329,556within the sector's middle half▼ 7.7%€313,022within the sector's middle half▼ 5.0%
Debt€785,867▼ 2.4%€774,123▼ 1.5%€778,317▲ 0.5%€783,570▲ 0.7%€800,436▲ 2.2%
Working capital-€539,464below the sector's middle half▼ 1.2%-€549,385below the sector's middle half▼ 1.8%-€584,213below the sector's middle half▼ 6.3%-€625,360below the sector's middle half▼ 7.0%-€677,183below the sector's middle half▼ 8.3%
Solvency-97.9%below the sector's middle half▼ 5.4pp-103.5%below the sector's middle half▼ 5.6pp-118.1%below the sector's middle half▼ 14.5pp-137.8%below the sector's middle half▼ 19.7pp-155.7%below the sector's middle half▼ 17.9pp
Current ratio0.03below the sector's middle half=0.04below the sector's middle half▲ 0.010.04below the sector's middle half=0.03below the sector's middle half▼ 0.010.02below the sector's middle half▼ 0.01
Return on assets (ROA)-0.5%below the sector's middle half▲ 5.2pp-1.3%below the sector's middle half▼ 0.8pp-7.7%below the sector's middle half▼ 6.4pp-9.9%below the sector's middle half▼ 2.2pp-10.7%below the sector's middle half▼ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 96% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €313,022
Fixed assets
€299,555 ▼ 4.4%
Current assets
€13,467 ▼ 17.1%
Key figures and ratios
EBITDA
€30,849▼
2023 · €30,878
Cash flow
-€19,651▼
2023 · -€10,435
Debt to equity
-1.64▲
2023 · -1.73
Interest coverage
0.61▼
2023 · 0.75
Debt ≤ 1 year
€690,650▲
2023 · €641,612
Debt > 1 year
€109,137▼
2023 · €141,308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 6,906 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,231 | €22,230 | €22,230 | €22,167 | €13,749 | ▼ 38.0% |
| Other operating charges640/8 | - | €2,425 | €2,475 | €2,716 | €2,814 | ▲ 3.6% |
| Gross operating margin9900 | €35,769 | €31,459 | €26,043 | €33,594 | €33,663 | ▲ 0.2% |
| Operating profit (loss)9901 | €11,128 | €6,803 | €1,337 | €8,711 | €17,100 | ▲ 96.3% |
| Financial charges65/66B | - | €11,743 | €28,949 | €41,313 | €50,500 | ▲ 22.2% |
| Recurring financial charges65 | €13,006 | €11,743 | €28,949 | €41,313 | €50,500 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | -€1,878 | -€4,939 | -€27,612 | -€32,602 | -€33,400 | ▼ 2.4% |
| Profit (loss) for the period9904 | -€1,878 | -€4,939 | -€27,612 | -€32,602 | -€33,400 | ▼ 2.4% |
| Profit (loss) for the period to be appropriated9905 | -€1,878 | -€4,939 | -€27,612 | -€32,602 | -€33,400 | ▼ 2.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397,006 | €380,322 | €356,905 | €329,556 | €313,022 | ▼ 5.0% |
| Fixed assets21/28 | €379,932 | €357,701 | €335,471 | €313,304 | €299,555 | ▼ 4.4% |
| Tangible fixed assets22/27 | €379,932 | €357,701 | €335,471 | €313,304 | €299,555 | ▼ 4.4% |
| Land and buildings22 | - | €357,701 | €335,471 | €313,304 | €299,555 | ▼ 4.4% |
| Current assets29/58 | €17,075 | €22,621 | €21,434 | €16,252 | €13,467 | ▼ 17.1% |
| Amounts receivable within one year40/41 | - | €1,848 | €1,000 | €2,175 | €149 | ▼ 93.1% |
| Trade receivables40 | - | €1,848 | €1,000 | €2,175 | €149 | ▼ 93.1% |
| Cash at bank and in hand54/58 | €17,007 | €20,773 | €20,434 | €14,077 | €13,238 | ▼ 6.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €80 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397,006 | €380,322 | €356,905 | €329,556 | €313,022 | ▼ 5.0% |
| Equity10/15 | -€388,861 | -€393,801 | -€421,413 | -€454,014 | -€487,414 | ▼ 7.4% |
| Contributions10/11 | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Profit (loss) carried forward14 | -€395,161 | -€400,101 | -€427,713 | -€460,314 | -€493,714 | ▼ 7.3% |
| Amounts payable17/49 | €785,867 | €774,123 | €778,317 | €783,570 | €800,436 | ▲ 2.2% |
| Amounts payable after more than one year17 | €229,329 | €201,339 | €172,020 | €141,308 | €109,137 | ▼ 22.8% |
| Financial debts170/4 | - | €201,339 | €172,020 | €141,308 | €109,137 | ▼ 22.8% |
| Amounts payable within one year42/48 | €556,538 | €572,006 | €605,648 | €641,612 | €690,650 | ▲ 7.6% |
| Current portion of amounts payable after more than one year42 | - | €30,264 | €31,702 | €33,208 | €34,785 | ▲ 4.8% |
| Trade debts44 | €2,363 | €1,787 | €3,949 | €699 | €576 | ▼ 17.5% |
| Suppliers440/4 | - | €1,787 | €3,949 | €699 | €576 | ▼ 17.5% |
| Taxes, remuneration and social security45 | - | - | €2,517 | €2,190 | - | - |
| Taxes450/3 | - | - | €2,517 | €2,190 | - | - |
| Other amounts payable47/48 | - | €539,955 | €567,480 | €605,516 | €655,288 | ▲ 8.2% |
| Accrued charges and deferred income492/3 | - | €778 | €650 | €650 | €650 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,878 | -€4,939 | -€27,612 | -€32,602 | -€33,400 | ▼ 2.4% |
| + Depreciation and write-downs630 | €22,231 | €22,230 | €22,230 | €22,167 | €13,749 | ▼ 38.0% |
| Operating cash flow (approximation) | €20,353 | €17,291 | -€5,382 | -€10,435 | -€19,651 | ▼ 88.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,766 | -€339 | -€6,358 | -€838 | ▲ 86.8% |
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€33,400
Net result drops to -€33,400, the lowest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Waterloo · 1 establishment unit since 2009
Ground area
1,649 m²
Building footprint
158 m²
Volume, LiDAR
1,392 m³
Parcel 25764N0833/00C011, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Chemin des Baraques 44, 1410 Waterloo
since 20092.293.202.932
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0833/00C011 | Wallonia | 1,649 m² | 1 · 158 m² | 11.6 m · 3 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809005338
Also
9925:BE0809005338
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.