IMMO EE 59
ActiveIMMO EE 59 has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.26M and a net result of €85k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-80
Solvency40▼-3
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.25 in 2023), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.3%
Return on assets
1%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €2.3M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
105 d late
2022
57 d late
2021
153 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.26M▲ 3.9%
2023 · €2.17M
2018: €5.81M
2019: €6.18M
2020: €6.49M
2021: €1.59M
2022: €1.75M
2023: €2.17M
2018 → 2024
Total assets
€8.60M▼ 3.3%
2023 · €8.89M
2018: €9.72M
2019: €9.49M
2020: €9.36M
2021: €9.01M
2022: €8.87M
2023: €8.89M
2018 → 2024
Net result
€85k▼ 80.2%
2023 · €430k
2018: €285k
2019: €364k
2020: €316k
2021: €351k
2022: €151k
2023: €430k
2018 → 2024
Working capital
€-21k
2023 · €122k
2018: €-516k
2019: €-389k
2020: €-394k
2021: €-406k
2022: €-103k
2023: €122k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6.49M-€1.59M▼ 75.4%€1.75M▲ 9.5%€2.17M▲ 24.6%€2.26M▲ 3.9%
Operating result€465k-€543k▲ 16.8%€282k▼ 48.1%€646k▲ 130%€226k▼ 65.0%
Net result€316k-€351k▲ 11.1%€151k▼ 56.9%€430k▲ 184%€85k▼ 80.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.60M
Fixed assets
€8.12M▼ 1.9%
Current assets
€482k▼ 22.0%
Equity and liabilities €8.60M
Equity
€2.26M▲ 3.9%
Provisions
€243k▼ 7.0%
Debt
€6.10M▼ 5.5%
The debt ratio falls from 72.6% to 70.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€664k▼
2023 · €1.07M
Cash flow
€523k▼
2023 · €850k
Solvency
26.3%▲
2023 · 24.5%
Current ratio
0.96▼
2023 · 1.25
Quick ratio
0.96▼
2023 · 1.25
Debt / equity
2.70▼
2023 · 2.97
ROE
3.8%▼
2023 · 19.8%
ROA
1.0%▼
2023 · 4.8%
Interest coverage
5.67▼
2023 · 13.82
Debt
€6.10M▼
2023 · €6.46M
Debt ≤ 1 year
€503k▲
2023 · €497k
Debt > 1 year
€5.57M▼
2023 · €5.95M
Income taxes
€43k▼
2023 · €158k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8.89M€8.60M▼
Fixed assets21/28€8.27M€8.12M▼
Tangible fixed assets22/27€8.27M€8.12M▼
Land and buildings22€8.26M€8.11M▼
Furniture and vehicles24€10k€7k▼
Financial fixed assets28€141€141=
Current assets29/58€618k€482k▼
Amounts receivable within one year40/41€57k€100k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€55k€97k▲
Cash at bank and in hand54/58€522k€369k▼
Deferred charges and accrued income490/1€39k€13k▼
Equity and liabilities
Total equity and liabilities10/49€8.89M€8.60M▼
Equity10/15€2.17M€2.26M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.11M€2.20M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€475k€431k▼
Distributable reserves133€1.63M€1.76M▲
Provisions and deferred taxes16€261k€243k▼
Deferred taxes168€261k€243k▼
Amounts payable17/49€6.46M€6.10M▼
Amounts payable after more than one year17€5.95M€5.57M▼
Financial debts170/4€5.95M€5.57M▼
Amounts payable within one year42/48€497k€503k▲
Current portion of amounts payable after more than one year42€385k€385k=
Financial debts43€40k€38k▼
Credit institutions430/8€40k€38k▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€57k€67k▲
Taxes450/3€57k€67k▲
Other amounts payable47/48€13k€13k=
Accrued charges and deferred income492/3€8k€29k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€421k€438k▲
Other operating charges640/8€207k€206k▼
Gross operating margin9900€1.27M€871k▼
Operating profit (loss)9901€646k€226k▼
Financial income75/76B-€832
Recurring financial income75-€832
Financial charges65/66B€77k€117k▲
Recurring financial charges65€77k€117k▲
Profit (loss) for the period before taxes9903€569k€110k▼
Transfer from deferred taxes780€18k€18k=
Income taxes67/77€158k€43k▼
Profit (loss) for the period9904€430k€85k▼
Transfer from tax-exempt reserves789€44k€44k=
Profit (loss) for the period to be appropriated9905€473k€129k▼
Appropriation of the result
Profit (loss) to be appropriated9906€473k€129k▼
Transfer to equity691/2€473k€129k▼
To other reserves6921€473k€129k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 59 days late
2024
31-12
Financial
Weakest financial yearnet €85k ▼80.2%
Net result drops to €85k, the lowest in the series.
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 105 days late
2023
31-12
Financial
Highest result since 2018net €430k ▲184%
Operating result €646k, net result €430k, both a record.
31-12
Financial
Equity above €2MEq €2.17M ▲24.6%
6 profitable years in a row build equity to €2.17M.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 153 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Anderlecht · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luitenant Liedelstraat 381070 AnderlechtGround area
176 m²
Building footprint
179 m²
Volume, LiDAR
1,397 m³
Parcel 21308H0503/00L002, Brussels · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO EE 59 NV
since 19942.065.492.462
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0503/00L002 | Brussels | 176 m² | 1 · 179 m² | 15.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-11-1993
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.