IMMO FRANCIS DE MEESTER
ActiveThe annual accounts of IMMO FRANCIS DE MEESTER for fiscal year 2025 show a net loss of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €26k and a net result of €-67k. Equity is shrinking by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 9183 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+44
Solvency26▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.96 against 0.97 in 2024; short-term debt: 93.3% and cash: 7.8% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-67k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9183 sector peers (2025).
NBB · sector comparisonPosition among 9183 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
22 d early
2022
34 d early
2021
30 d early
2020
37 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26k▼ 72.2%
2024 · €93k
2018: €299k
2019: €883k
2020: €945k
2021: €816k
2022: €174k
2023: €177k
2024: €93k
2018 → 2025
Total assets
€1.77M▼ 21.4%
2024 · €2.25M
2018: €2.62M
2019: €1.90M
2020: €1.53M
2021: €1.51M
2022: €3.15M
2023: €2.60M
2024: €2.25M
2018 → 2025
Net result
€-67k▲ 19.6%
2024 · €-84k
2018: €258k
2019: €584k
2020: €62k
2021: €-129k
2022: €408k
2023: €353k
2024: €-84k
2018 → 2025
Working capital
€-68k▼ 19.4%
2024 · €-57k
2018: €96k
2019: €662k
2020: €775k
2021: €595k
2022: €18k
2023: €-40k
2024: €-57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€816k-€174k▼ 78.7%€177k▲ 1.9%€93k▼ 47.3%€26k▼ 72.2%
Operating result€-119k-€537k€507k▼ 5.5%€-46k€350k
Net result€-129k-€408k€353k▼ 13.4%€-84k€-67k▲ 19.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €350k after a loss of €46k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€186k▼ 23.2%
Current assets
€1.58M▼ 21.2%
Equity and liabilities €1.77M
Equity
€26k▼ 72.2%
Provisions
€92k=
Debt
€1.65M▼ 20.1%
The debt ratio rises from 91.7% to 93.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€406k▲
2024 · €24k
Cash flow
€-11k▲
2024 · €-15k
Solvency
1.5%▼
2024 · 4.2%
Current ratio
0.96▼
2024 · 0.97
Quick ratio
0.16▼
2024 · 0.44
Debt / equity
63.43▲
2024 · 22.06
ROE
-259.8%▼
2024 · -89.8%
ROA
-3.8%▼
2024 · -3.7%
Interest coverage
6.70▲
2024 · 0.66
Debt
€1.65M▼
2024 · €2.06M
Debt ≤ 1 year
€1.65M▼
2024 · €2.06M
Income taxes
€365k▲
2024 · €3k
Staff costs
€292k▲
2024 · €290k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.25M€1.77M▼
Fixed assets21/28€243k€186k▼
Tangible fixed assets22/27€243k€186k▼
Land and buildings22€58k€55k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€102k€65k▼
Other tangible fixed assets26€80k€63k▼
Current assets29/58€2.00M€1.58M▼
Stocks and contracts in progress3€1.09M€1.31M▲
Stocks30/36€1.09M€1.31M▲
Amounts receivable within one year40/41€257k€124k▼
Trade receivables40€78k€109k▲
Other amounts receivable41€179k€15k▼
Cash at bank and in hand54/58€647k€138k▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.25M€1.77M▼
Equity10/15€93k€26k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Profit (loss) carried forward14€-43k€-110k▼
Provisions and deferred taxes16€92k€92k=
Provisions for liabilities and charges160/5€92k€92k=
Pensions and similar obligations160€92k€92k=
Amounts payable17/49€2.06M€1.65M▼
Amounts payable within one year42/48€2.06M€1.65M▼
Financial debts43€96€403k▲
Credit institutions430/8€96€403k▲
Trade debts44€93k€69k▼
Suppliers440/4€93k€69k▼
Advances received on contracts in progress46€56k€46k▼
Taxes, remuneration and social security45€40k€116k▲
Taxes450/3€14k€85k▲
Remuneration and social security454/9€26k€31k▲
Other amounts payable47/48€1.87M€1.01M▼
Income statement
Code20242025
Non-recurring operating income76A€4k€2k▼
Remuneration, social security and pensions62€290k€292k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€56k▼
Other operating charges640/8€7k€143k▲
Gross operating margin9900€321k€842k▲
Operating profit (loss)9901€-46k€350k▲
Financial income75/76B€594€8k▲
Recurring financial income75€594€8k▲
Financial charges65/66B€36k€61k▲
Recurring financial charges65€36k€61k▲
Profit (loss) for the period before taxes9903€-81k€298k▲
Income taxes67/77€3k€365k▲
Profit (loss) for the period9904€-84k€-67k▲
Profit (loss) for the period to be appropriated9905€-84k€-67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-110k▼
Profit (loss) brought forward from the previous period14P€41k€-43k▼
Social balance
Average headcount (FTE)90874.24.2=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment2 facts ▸
- General meeting, 2026-03-01
- Director reappointment, DEFRABO (bestuurder)
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €408k
Net result €408k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-129k ▼308%
Net result drops to €-129k, the lowest in the series; recovery starts the following year.
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €584k ▲126%
Operating result €873k, net result €584k, both a record.
30-09
Financial
Equity above €500kEq €883k ▲196%
2 profitable years in a row build equity to €883k.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
DEFRABO
CurrentDirector · since 01-03-2026 · Private limited company
01-03-2026
Mandate renewed as Director
Location & real-estate footprint
Registered office, Waregem · 3 establishment units since 2002
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.
Holstraat 328790 WaregemGround area
1,871 m²
Building footprint
1,250 m²
Volume, LiDAR
8,336 m³
3 parcels, Flanders · tallest building 37.4 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
IMMO FRANCIS DE MEESTER
since 20022.101.736.909
IMMO FRANCIS DE MEESTER
since 20022.101.736.711
IMMO FRANCIS DE MEESTER
since 20022.101.736.810
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0559/00E000 | Flanders | 1,476 m² | 1 · 988 m² | 37.4 m · 1 fl. |
| 34040C1016/00A002 | Flanders | 282 m² | 1 · 149 m² | 16.4 m · 3 fl. |
| 44804D2479/00F002 ProtectedMonument · Townscape or village viewNeoclassicistisch huizenblok: burgerhuis (gevel en dak)Source ↗ |
Flanders | 113 m² | 1 · 113 m² | 21.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
IMMO FRANCIS DE MEESTERBE 0477.052.829
Recognitions · licences · registrations
Legal Entity Identifier
875500WH54M50IJL5Q32
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-03-2002
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
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
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.