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Immo Ellimac

Active
Public limited companyfounded 199332 yrs activeBurgemeester Gerard Bijnenslaan 12, 3600 Genk, BelgiumKBO/BCE: BE 0451.474.919
Summary

Immo Ellimac has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,818 and a net result of €34,088. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▲+14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.21 against 36.4 in 2024; short-term debt: 15.7% and cash: 66.2% of total assets), and 20.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.9%
Return on assets
13%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
57 d early
2023
49 d early
2022
50 d early
2021
6 d early
2020
10 d late
2019
34 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 13 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 December 1993, Immo Ellimac was incorporated.1 Total assets went from EUR 210,278 in 2019 to EUR 261,404 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€208,818=
2024 · €208,730
Total assets
€261,404▲ 16.9%
2024 · €223,601
Net result
€34,088▲ 595%
2024 · €4,904
Working capital
€131,938▲ 1.9%
2024 · €129,522
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€8,441€2,049▼ 75.7%€3,129▲ 52.8%€6,533▲ 109%€42,586▲ 552%
Net result€8,395€1,965▼ 76.6%€2,455▲ 24.9%€4,904▲ 99.8%€34,088▲ 595%
Equity€199,406▲ 4.4%€201,371▲ 1.0%€203,826▲ 1.2%€208,730▲ 2.4%€208,818=
Total assets€202,641▲ 2.6%€210,091▲ 3.7%€207,343▼ 1.3%€223,601▲ 7.8%€261,404▲ 16.9%
Debt€3,236▼ 50.5%€8,720▲ 169%€3,517▼ 59.7%€14,871▲ 323%€52,586▲ 254%
Working capital€72,597▲ 47.1%€89,547▲ 23.3%€100,019▲ 11.7%€129,522▲ 29.5%€131,938▲ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2021: €8,441€8,441Net result 2021: €8,395€8,395Operating result 2022: €2,049€2,049Net result 2022: €1,965€1,965Operating result 2023: €3,129€3,129Net result 2023: €2,455€2,455Operating result 2024: €6,533€6,533Net result 2024: €4,904€4,904Operating result 2025: €42,586€42,586Net result 2025: €34,088€34,08820212022202320242025€0€20,000€40,000Operating result 2023: €3,129€3,130Net result 2023: €2,455€2,450Operating result 2024: €6,533€6,530Net result 2024: €4,904€4,900Operating result 2025: €42,586€42,600Net result 2025: €34,088€34,100202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 552% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261,404
Fixed assets €88,311 ▼ 2.3%
Current assets €173,093 ▲ 30.0%
Equity and liabilities €261,404
Equity €208,818 =
Debt €52,586 ▲ 254%
Debt's share of the balance-sheet total rises from 6.7% to 20.1%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,285▲
2024 · €19,919
Cash flow
€48,788▲
2024 · €18,290
Current ratio
4.21▼
2024 · 36.40
Debt to equity
0.25▲
2024 · 0.07
ROE
16.3%▲
2024 · 2.3%
ROA
13.0%▲
2024 · 2.2%
Interest coverage
187.00▲
2024 · 59.51
Debt ≤ 1 year
€41,155▲
2024 · €3,659
Income taxes
€11,456▲
2024 · €1,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% 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 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€223,601€261,404▲
Fixed assets21/28€90,420€88,311▼
Tangible fixed assets22/27€90,420€88,311▼
Land and buildings22€89,147€86,309▼
Furniture and vehicles24€1,273€2,002▲
Current assets29/58€133,181€173,093▲
Amounts receivable within one year40/41€591-
Other amounts receivable41€591-
Cash at bank and in hand54/58€132,589€172,968▲
Deferred charges and accrued income490/1-€125
Equity and liabilities
Total equity and liabilities10/49€223,601€261,404▲
Equity10/15€208,730€208,818=
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€146,730€146,818▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€140,530€140,618▲
Amounts payable17/49€14,871€52,586▲
Amounts payable within one year42/48€3,659€41,155▲
Trade debts44€858€345▼
Suppliers440/4€858€345▼
Taxes, remuneration and social security45€2,801€4,269▲
Taxes450/3€301€506▲
Remuneration and social security454/9€2,500€3,764▲
Other amounts payable47/48-€36,541
Accrued charges and deferred income492/3€11,213€11,431▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,386€14,699▲
Other operating charges640/8€8,296€8,612▲
Gross operating margin9900€28,215€65,897▲
Operating profit (loss)9901€6,533€42,586▲
Financial income75/76B€10€3,265▲
Recurring financial income75€10€3,265▲
Financial charges65/66B€335€306▼
Recurring financial charges65€335€306▼
Profit (loss) for the period before taxes9903€6,208€45,544▲
Income taxes67/77€1,304€11,456▲
Profit (loss) for the period9904€4,904€34,088▲
Profit (loss) for the period to be appropriated9905€4,904€34,088▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,904€34,088▲
Transfer to equity691/2€4,904€88▼
To other reserves6921€4,904€88▼
Profit to be distributed694/7-€34,000
Return on contributions (dividend)694-€34,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,836€15,508€14,835€13,386€14,699▲ 9.8%
Other operating charges640/8-€7,672€8,091€8,296€8,612▲ 3.8%
Non-recurring operating charges66A--€540---
Gross operating margin9900€32,728€25,229€26,596€28,215€65,897▲ 134%
Operating profit (loss)9901€8,441€2,049€3,129€6,533€42,586▲ 552%
Financial income75/76B-€1€55€10€3,265▲ 31,660%
Recurring financial income75-€1€55€10€3,265▲ 31,660%
Financial charges65/66B-€84€203€335€306▼ 8.5%
Recurring financial charges65€46€84€203€335€306▼ 8.5%
Profit (loss) for the period before taxes9903€8,395€1,965€2,982€6,208€45,544▲ 634%
Income taxes67/77--€527€1,304€11,456▲ 778%
Profit (loss) for the period9904€8,395€1,965€2,455€4,904€34,088▲ 595%
Profit (loss) for the period to be appropriated9905€8,395€1,965€2,455€4,904€34,088▲ 595%
Line20212022202320242025Change
Assets
Total assets20/58€202,641€210,091€207,343€223,601€261,404▲ 16.9%
Fixed assets21/28€126,809€116,824€103,806€90,420€88,311▼ 2.3%
Tangible fixed assets22/27€126,809€116,824€103,806€90,420€88,311▼ 2.3%
Land and buildings22-€116,824€103,806€89,147€86,309▼ 3.2%
Furniture and vehicles24---€1,273€2,002▲ 57.3%
Current assets29/58€75,833€93,267€103,536€133,181€173,093▲ 30.0%
Amounts receivable within one year40/41€2,000€1,500-€591--
Other amounts receivable41-€1,500-€591--
Cash at bank and in hand54/58€73,833€91,767€103,536€132,589€172,968▲ 30.5%
Deferred charges and accrued income490/1----€125-
Equity and liabilities
Total equity and liabilities10/49€202,641€210,091€207,343€223,601€261,404▲ 16.9%
Equity10/15€199,406€201,371€203,826€208,730€208,818=
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€137,406€139,371€141,826€146,730€146,818▲ 0.1%
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Distributable reserves133-€133,171€135,626€140,530€140,618▲ 0.1%
Amounts payable17/49€3,236€8,720€3,517€14,871€52,586▲ 254%
Amounts payable within one year42/48€3,236€3,720€3,517€3,659€41,155▲ 1,025%
Trade debts44€1,423€730-€858€345▼ 59.8%
Suppliers440/4-€730-€858€345▼ 59.8%
Taxes, remuneration and social security45-€2,990€3,517€2,801€4,269▲ 52.4%
Taxes450/3--€527€301€506▲ 68.0%
Remuneration and social security454/9-€2,990€2,990€2,500€3,764▲ 50.5%
Other amounts payable47/48----€36,541-
Accrued charges and deferred income492/3-€5,000-€11,213€11,431▲ 2.0%
Line20212022202320242025Change
Profit (loss) for the period9904€8,395€1,965€2,455€4,904€34,088▲ 595%
+ Depreciation and write-downs630€16,836€15,508€14,835€13,386€14,699▲ 9.8%
Operating cash flow (approximation)€25,231€17,474€17,290€18,290€48,788▲ 167%
Investment in fixed assets (approximation)--€5,524-€1,817€0-€12,591-
Change in cash-€17,934€11,770€29,053€40,378▲ 39.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2019net €34,088 ▲595%
Operating result €42,586, net result €34,088, both a record.
2024
05-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
13-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Equity above €200,000Eq €201,371 ▲1%
2 profitable years in a row build equity to €201,371.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Back to profitnet €8,395
Net result €8,395 after 2 loss-making years.
30-06
Financial Liquidity triplescurrent ratio 23.44
Current ratio from 8.55 to 23.44; short-term debt falls from €6,540 to €3,236.
10-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
30-06
Financial Liquidity doublescurrent ratio 8.55
Current ratio from 3.49 to 8.55; short-term debt falls from €15,837 to €6,540.
05-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
Show earlier events
2019
08-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Genk · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
8,192 m²
Building footprint
153 m²
Volume, LiDAR
1,938 m³
Parcel 71016I1074/00L000, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
IMMO ELLIMAC NV
Burgemeester Gerard Bijnenslaan 12, 3600 GenkFinancial service activities, except insurance and pension funding
since 19942.064.956.190
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71016I1074/00L000 Flanders 8,192 m² 1 · 153 m² 16.7 m · 4 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.

Identification & contact

Identification
Legal formPublic limited company
Founded28-12-1993
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.