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IMMO EEF

Active
Public limited companyfounded 2011active for 15 yearsHansweg 71, 3960 Bree, BelgiumKBO/BCE: BE 0838.921.128
Summary

The computed 12-month bankruptcy probability of IMMO EEF is 1.8% (moderate). The 2025 annual accounts show equity of €81,806 and a net result of -€11,817. Equity is growing by about 3.3% per year across the filed financial years. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€81,806▼ 12.6%
2024 · €93,623
Total assets
€97,268▲ 1.2%
2024 · €96,105
Net result
-€11,817
2024 · €3,005
Working capital
€63,026▼ 16.5%
2024 · €75,513
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €11,555 after €1,765 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€11,555 2025 Net result-€11,817 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€1,701-€1,962▲ 15.3%€1,922▼ 2.1%-€663€2,690€1,765▼ 34.4%-€11,555
Net result€2,349-€3,007▲ 28.0%€3,973▲ 32.1%€1,272▼ 68.0%€4,235▲ 233%€3,005▼ 29.0%-€11,817
Equity€78,132-€81,139▲ 3.8%€85,112▲ 4.9%€86,384▲ 1.5%€90,618▲ 4.9%€93,623▲ 3.3%€81,806▼ 12.6%
Total assets€79,212-€82,936▲ 4.7%€88,355▲ 6.5%€87,519▼ 0.9%€92,640▲ 5.9%€96,105▲ 3.7%€97,268▲ 1.2%
Debt€1,080-€1,797▲ 66.4%€3,243▲ 80.5%€1,135▼ 65.0%€2,021▲ 78.1%€2,481▲ 22.7%€15,462▲ 523%
Working capital€59,044-€62,461▲ 5.8%€66,433▲ 6.4%€67,296▲ 1.3%€71,531▲ 6.3%€75,513▲ 5.6%€63,026▼ 16.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97,268
Fixed assets €19,088 =
Current assets €78,180 ▲ 1.5%
Equity and liabilities €97,268
Equity €81,806 ▼ 12.6%
Debt €15,462 ▲ 523%
Debt's share of the balance-sheet total rises from 2.6% to 15.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
5.16▼
2024 · 51.21
Debt to equity
0.19▲
2024 · 0.03
ROE
-14.4%▼
2024 · 3.2%
ROA
-12.1%▼
2024 · 3.1%
Debt ≤ 1 year
€15,154▲
2024 · €1,504
Income taxes
€0▼
2024 · €1,504
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 4,805 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€96,105€97,268▲
Fixed assets21/28€19,088€19,088=
Tangible fixed assets22/27€19,088€19,088=
Land and buildings22€19,088€19,088=
Current assets29/58€77,017€78,180▲
Amounts receivable within one year40/41€76,006€76,716▲
Other amounts receivable41€76,006€76,716▲
Cash at bank and in hand54/58€299€431▲
Deferred charges and accrued income490/1€712€1,033▲
Equity and liabilities
Total equity and liabilities10/49€96,105€97,268▲
Equity10/15€93,623€81,806▼
Contributions10/11€71,000€71,000=
Capital10€71,000€71,000=
Issued capital100€71,000€71,000=
Reserves13€22,623€11,622▼
Non-distributable reserves130/1€7,100€7,100=
Legal reserve130€7,100€7,100=
Distributable reserves133€15,523€4,522▼
Profit (loss) carried forward14--€816
Amounts payable17/49€2,481€15,462▲
Amounts payable within one year42/48€1,504€15,154▲
Trade debts44-€1,438
Suppliers440/4-€1,438
Taxes, remuneration and social security45€1,504€65▼
Taxes450/3€1,504€65▼
Other amounts payable47/48-€13,652
Accrued charges and deferred income492/3€977€308▼
Income statement Code20242025
Other operating charges640/8€1,496€1,600▲
Gross operating margin9900€3,261-€9,954▼
Operating profit (loss)9901€1,765-€11,555▼
Financial income75/76B€2,791€0▼
Recurring financial income75€2,791€0▼
Financial charges65/66B€46€263▲
Recurring financial charges65€46€263▲
Profit (loss) for the period before taxes9903€4,509-€11,817▼
Income taxes67/77€1,504€0▼
Profit (loss) for the period9904€3,005-€11,817▼
Profit (loss) for the period to be appropriated9905€3,005-€11,817▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,005-€11,817▼
Transfer from equity791/2-€11,001
Transfer to equity691/2€3,005€0▼
To other reserves6921€3,005€0▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Other operating charges640/8---€1,595€1,647€1,496€1,600▲ 7.0%
Gross operating margin9900€2,951€3,230€3,248€933€4,337€3,261-€9,954-
Operating profit (loss)9901€1,701€1,962€1,922-€663€2,690€1,765-€11,555-
Financial income75/76B---€2,866€3,340€2,791€0▼ 100%
Recurring financial income75€1,767€2,468€3,632€2,866€3,340€2,791€0▼ 100%
Financial charges65/66B---€468€46€46€263▲ 468%
Recurring financial charges65€35€35€135€468€46€46€263▲ 468%
Profit (loss) for the period before taxes9903€3,433€4,395€5,419€1,735€5,983€4,509-€11,817-
Income taxes67/77€1,084€1,388€1,446€463€1,748€1,504€0▼ 100%
Profit (loss) for the period9904€2,349€3,007€3,973€1,272€4,235€3,005-€11,817-
Profit (loss) for the period to be appropriated9905€2,349€3,007€3,973€1,272€4,235€3,005-€11,817-
Line2019202020212022202320242025Change
Assets
Total assets20/58€79,212€82,936€88,355€87,519€92,640€96,105€97,268▲ 1.2%
Fixed assets21/28€19,088€19,088€19,088€19,088€19,088€19,088€19,088=
Tangible fixed assets22/27€19,088€19,088€19,088€19,088€19,088€19,088€19,088=
Land and buildings22---€19,088€19,088€19,088€19,088=
Current assets29/58€60,124€63,848€69,267€68,431€73,552€77,017€78,180▲ 1.5%
Amounts receivable within one year40/41€50,252€57,318€65,990€67,321€72,276€76,006€76,716▲ 0.9%
Other amounts receivable41---€67,321€72,276€76,006€76,716▲ 0.9%
Cash at bank and in hand54/58€8,277€5,776€2,493€316€253€299€431▲ 44.1%
Deferred charges and accrued income490/1---€794€1,023€712€1,033▲ 45.2%
Equity and liabilities
Total equity and liabilities10/49€79,212€82,936€88,355€87,519€92,640€96,105€97,268▲ 1.2%
Equity10/15€78,132€81,139€85,112€86,384€90,618€93,623€81,806▼ 12.6%
Contributions10/11€71,000€71,000€71,000€71,000€71,000€71,000€71,000=
Capital10---€71,000€71,000€71,000€71,000=
Issued capital100---€71,000€71,000€71,000€71,000=
Reserves13€18,101€18,101€18,101€18,101€19,618€22,623€11,622▼ 48.6%
Non-distributable reserves130/1---€7,100€7,100€7,100€7,100=
Legal reserve130---€7,100€7,100€7,100€7,100=
Distributable reserves133---€11,001€12,518€15,523€4,522▼ 70.9%
Profit (loss) carried forward14-€10,969-€7,963-€3,990-€2,718---€816-
Amounts payable17/49€1,080€1,797€3,243€1,135€2,021€2,481€15,462▲ 523%
Amounts payable within one year42/48€1,080€1,388€2,834€1,135€2,021€1,504€15,154▲ 908%
Trade debts44---€672€273-€1,438-
Suppliers440/4---€672€273-€1,438-
Taxes, remuneration and social security45---€463€1,748€1,504€65▼ 95.7%
Taxes450/3---€463€1,748€1,504€65▼ 95.7%
Other amounts payable47/48------€13,652-
Accrued charges and deferred income492/3-----€977€308▼ 68.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€2,349€3,007€3,973€1,272€4,235€3,005-€11,817-
Operating cash flow (approximation)€2,349€3,007€3,973€1,272€4,235€3,005-€11,817-
Investment in fixed assets (approximation)-€0€0€0€0€0€0-
Change in cash--€2,501-€3,283-€2,177-€63€46€132▲ 189%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
31-08-2025 micro format 04-03-2026 2026-00048318
31-08-2024 micro format 20-03-2025 2025-00052239
31-08-2023 micro format 18-03-2024 2024-00044443
31-08-2022 micro format 14-02-2023 2023-00027002
31-08-2021 micro format 30-03-2022 2022-09000544
31-08-2020 micro format 26-03-2021 2021-08500145
31-08-2019 micro format 12-03-2020 2020-06400456
31-08-2018 micro format 26-02-2019 2019-05700041
31-08-2017 micro format 27-03-2018 2018-08100008
31-08-2016 abbreviated format 27-02-2017 2017-05100291

Show all 15 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.