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IMMO-FOX

Active
Private limited companyfounded 198837 yrs activeEn Grande Foxhalle 81, 4040 Herstal, BelgiumKBO/BCE: BE 0435.932.054
Summary

IMMO-FOX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,148 and a net result of €8,155. Equity remains stable across the filed fiscal years (±2.4% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability93▲+21
Solvency87▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 10.85 in 2024; short-term debt: 37.9% and cash: 44.8% of total assets), and 38% 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 37 years 0 40 y
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
62%
Return on assets
19.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 filings
Deviation from the deadline
2025
19 d late
2024
11 d late
2023
1 d late
2022
13 d early
2021
33 d early
2020
5 d late
2019
7 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average on the deadline day; 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

IMMO-FOX was incorporated on 1 December 1988.1 Total assets fell from EUR 70,323 in 2018 to EUR 42,185 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€26,148▼ 12.8%
2024 · €29,987
Total assets
€42,185▲ 35.0%
2024 · €31,249
Net result
€8,155▲ 904%
2024 · €812
Working capital
€5,769▼ 53.6%
2024 · €12,433
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-€293€1,543-€1,945€768€11,000▲ 1,333%
Net result€359▼ 84.2%€1,701▲ 373%-€938€812€8,155▲ 904%
Equity€28,412▲ 1.3%€30,113▲ 6.0%€29,175▼ 3.1%€29,987▲ 2.8%€26,148▼ 12.8%
Total assets€40,321▼ 17.9%€35,852▼ 11.1%€31,781▼ 11.4%€31,249▼ 1.7%€42,185▲ 35.0%
Debt€4,617▼ 56.5%€1,356▼ 70.6%€874▼ 35.5%€1,262▲ 44.3%€16,037▲ 1,171%
Working capital€2,595€7,833▲ 202%€9,933▲ 26.8%€12,433▲ 25.2%€5,769▼ 53.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2021: -€293-€293Net result 2021: €359€359Operating result 2022: €1,543€1,543Net result 2022: €1,701€1,701Operating result 2023: -€1,945-€1,945Net result 2023: -€938-€938Operating result 2024: €768€768Net result 2024: €812€812Operating result 2025: €11,000€11,000Net result 2025: €8,155€8,15520212022202320242025-€5,000€0€5,000€10,000Operating result 2023: -€1,945-€1,940Net result 2023: -€938-€938Operating result 2024: €768€768Net result 2024: €812€812Operating result 2025: €11,000€11,000Net result 2025: €8,155€8,160202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,333% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42,185
Fixed assets €20,435 ▲ 16.4%
Current assets €21,750 ▲ 58.8%
Equity and liabilities €42,185
Equity €26,148 ▼ 12.8%
Debt €16,037 ▲ 1,171%
Debt's share of the balance-sheet total rises from 4.0% to 38.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,655▲
2024 · €8,766
Cash flow
€10,811▲
2024 · €8,811
Current ratio
1.36▼
2024 · 10.85
Debt to equity
0.61▲
2024 · 0.04
ROE
31.2%▲
2024 · 2.7%
ROA
19.3%▲
2024 · 2.6%
Interest coverage
75.77▲
2024 · 33.05
Debt ≤ 1 year
€15,981▲
2024 · €1,262
Income taxes
€2,718▲
2024 · €1,422
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% 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
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,340 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% 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 31,371 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€31,249€42,185▲
Fixed assets21/28€17,554€20,435▲
Tangible fixed assets22/27€17,554€20,435▲
Land and buildings22€4,499€4,499=
Plant, machinery and equipment23€12,320€15,456▲
Furniture and vehicles24€736€481▼
Current assets29/58€13,695€21,750▲
Amounts receivable within one year40/41€2,127€1,228▼
Trade receivables40€530€150▼
Other amounts receivable41€1,597€1,078▼
Cash at bank and in hand54/58€8,020€18,883▲
Deferred charges and accrued income490/1€3,548€1,639▼
Equity and liabilities
Total equity and liabilities10/49€31,249€42,185▲
Equity10/15€29,987€26,148▼
Contributions10/11€18,550€18,550=
Reserves13€7,598€7,598=
Non-distributable reserves130/1€161€161=
Reserves not available under the articles1311€161€161=
Distributable reserves133€7,437€7,437=
Profit (loss) carried forward14€3,839-
Amounts payable17/49€1,262€16,037▲
Amounts payable within one year42/48€1,262€15,981▲
Trade debts44€620€3,471▲
Suppliers440/4€620€3,471▲
Taxes, remuneration and social security45-€218
Taxes450/3-€218
Other amounts payable47/48€642€12,291▲
Accrued charges and deferred income492/3-€56
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,999€2,656▼
Other operating charges640/8€3,879€4,001▲
Gross operating margin9900€12,645€17,657▲
Operating profit (loss)9901€768€11,000▲
Financial income75/76B-€54
Recurring financial income75-€54
Financial charges65/66B€265€180▼
Recurring financial charges65€265€180▼
Profit (loss) for the period before taxes9903€503€10,874▲
Transfer from deferred taxes780€1,731-
Income taxes67/77€1,422€2,718▲
Profit (loss) for the period9904€812€8,155▲
Transfer from tax-exempt reserves789€3,515-
Profit (loss) for the period to be appropriated9905€4,327€8,155▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,839€11,995▲
Profit (loss) brought forward from the previous period14P-€488€3,839▲
Profit to be distributed694/7-€11,995
Return on contributions (dividend)694-€11,995

The notes to these accounts (10 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€11,829€11,012€10,616€7,999€2,656▼ 66.8%
Other operating charges640/8€2,438€3,411€4,020€3,879€4,001▲ 3.2%
Gross operating margin9900€13,974€15,967€12,691€12,645€17,657▲ 39.6%
Operating profit (loss)9901-€293€1,543-€1,945€768€11,000▲ 1,333%
Financial income75/76B€13---€54-
Recurring financial income75€13---€54-
Financial charges65/66B€303€184€163€265€180▼ 32.0%
Recurring financial charges65€303€184€163€265€180▼ 32.0%
Profit (loss) for the period before taxes9903-€583€1,360-€2,108€503€10,874▲ 2,063%
Transfer from deferred taxes780€3,157€2,910€2,651€1,731--
Income taxes67/77€2,214€2,569€1,481€1,422€2,718▲ 91.2%
Profit (loss) for the period9904€359€1,701-€938€812€8,155▲ 904%
Transfer from tax-exempt reserves789€6,409€5,908€5,381€3,515--
Profit (loss) for the period to be appropriated9905€6,769€7,609€4,443€4,327€8,155▲ 88.5%
Line20212022202320242025Change
Assets
Total assets20/58€40,321€35,852€31,781€31,249€42,185▲ 35.0%
Fixed assets21/28€33,454€26,707€20,973€17,554€20,435▲ 16.4%
Tangible fixed assets22/27€33,174€26,427€20,973€17,554€20,435▲ 16.4%
Land and buildings22€4,499€4,499€4,499€4,499€4,499=
Plant, machinery and equipment23€28,557€21,877€16,458€12,320€15,456▲ 25.5%
Furniture and vehicles24€119€51€17€736€481▼ 34.7%
Financial fixed assets28€280€280----
Current assets29/58€6,867€9,145€10,807€13,695€21,750▲ 58.8%
Amounts receivable within one year40/41€341€881€519€2,127€1,228▼ 42.3%
Trade receivables40€341€881-€530€150▼ 71.7%
Other amounts receivable41--€519€1,597€1,078▼ 32.5%
Cash at bank and in hand54/58€5,429€7,530€6,912€8,020€18,883▲ 135%
Deferred charges and accrued income490/1€1,097€734€3,377€3,548€1,639▼ 53.8%
Equity and liabilities
Total equity and liabilities10/49€40,321€35,852€31,781€31,249€42,185▲ 35.0%
Equity10/15€28,412€30,113€29,175€29,987€26,148▼ 12.8%
Contributions10/11€18,550€18,550€18,550€18,550€18,550=
Reserves13€22,402€16,494€11,113€7,598€7,598=
Non-distributable reserves130/1€161€161€161€161€161=
Reserves not available under the articles1311€161€161€161€161€161=
Tax-exempt reserves132€14,805€8,897€3,515---
Distributable reserves133€7,437€7,437€7,437€7,437€7,437=
Profit (loss) carried forward14-€12,540-€4,931-€488€3,839--
Provisions and deferred taxes16€7,292€4,382€1,731---
Deferred taxes168€7,292€4,382€1,731---
Amounts payable17/49€4,617€1,356€874€1,262€16,037▲ 1,171%
Amounts payable within one year42/48€4,272€1,311€874€1,262€15,981▲ 1,166%
Trade debts44€562€711€493€620€3,471▲ 459%
Suppliers440/4€562€711€493€620€3,471▲ 459%
Taxes, remuneration and social security45€3,375€283--€218-
Taxes450/3€3,375€283--€218-
Other amounts payable47/48€335€317€382€642€12,291▲ 1,816%
Accrued charges and deferred income492/3€345€45--€56-
Line20212022202320242025Change
Profit (loss) for the period9904€359€1,701-€938€812€8,155▲ 904%
+ Depreciation and write-downs630€11,829€11,012€10,616€7,999€2,656▼ 66.8%
Operating cash flow (approximation)€12,188€12,713€9,678€8,811€10,811▲ 22.7%
Investment in fixed assets (approximation)--€4,264-€4,883-€4,579-€5,536▼ 20.9%
Change in cash-€2,101-€618€1,108€10,863▲ 880%

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 31-07-2027
2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial Highest result since 2018net €8,155 ▲904%
Operating result €11,000, net result €8,155, both a record.
11-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial Back to profitnet €812
Net result €812 after one loss-making year.
01-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial Weakest financial yearnet -€938
Net result drops to -€938, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity quadruplescurrent ratio 6.97
Current ratio from 1.61 to 6.97; short-term debt falls from €4,272 to €1,311.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 1.61
Current ratio from 0.41 to 1.61; short-term debt falls from €10,570 to €4,272.
05-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
07-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
Show earlier events
2019
06-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Herstal · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
885 m²
Building footprint
229 m²
Volume, LiDAR
1,614 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Renardi 230, 4000 Liège
NACE 70201
since 19882.041.182.777
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62313E0539/00C005 Wallonia 757 m² 1 · 186 m² 8.7 m · 2 fl.
62812A1127/00L000 Wallonia 128 m² 1 · 43 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-12-1988
Fiscal year end31-12
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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