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Immo Genics

Active
Private limited companyfounded 198937 yrs activeHertsbergsestraat 4, 8020 Oostkamp, BelgiumKBO/BCE: BE 0437.225.817

Immo Genics has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €724k and a net result of €138k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+2
Solvency100▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.3 in 2023; short-term debt: 11% and cash: 27.2% of total assets), and 22.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
77.7%
Return on assets
14.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
30 d early
2022
33 d early
2021
5 d early
2020
4 d late
2019
32 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€724k▲ 9.9%
2023 · €659k
2018: €1.08M 2019: €229k 2020: €317k 2021: €422k 2022: €553k 2023: €659k
2018 → 2024
Total assets
€932k▲ 5.3%
2023 · €885k
2018: €1.57M 2019: €1.45M 2020: €1.26M 2021: €1.15M 2022: €969k 2023: €885k
2018 → 2024
Net result
€138k▲ 16.2%
2023 · €119k
2018: €113k 2019: €98k 2020: €89k 2021: €106k 2022: €133k 2023: €119k
2018 → 2024
Working capital
€165k▲ 674%
2023 · €21k
2018: €-386k 2019: €-1.15M 2020: €-902k 2021: €-626k 2022: €-113k 2023: €21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€317k-€422k▲ 33.1%€553k▲ 31.2%€659k▲ 19.1%€724k▲ 9.9%
Operating result€101k-€120k▲ 19.1%€167k▲ 39.4%€159k▼ 4.5%€192k▲ 20.7%
Net result€89k-€106k▲ 19.3%€133k▲ 25.1%€119k▼ 11.0%€138k▲ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €101k€101kNet result 2020: €89k€89kOperating result 2021: €120k€120kNet result 2021: €106k€106kOperating result 2022: €167k€167kNet result 2022: €133k€133kOperating result 2023: €159k€159kNet result 2023: €119k€119kOperating result 2024: €192k€192kNet result 2024: €138k€138k20202021202220232024
The operating result recovers in 2024; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €932k
Fixed assets €664k▼ 16.2%
Current assets €268k▲ 189%
Equity and liabilities €932k
Equity €724k▲ 9.9%
Debt €208k▼ 8.2%
The debt ratio falls from 25.6% to 22.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€321k
2023 · €314k
Cash flow
€266k
2023 · €273k
Solvency
77.7%
2023 · 74.4%
Current ratio
2.61
2023 · 1.30
Quick ratio
2.61
2023 · 1.30
Debt / equity
0.29
2023 · 0.34
ROE
19.0%
2023 · 18.0%
ROA
14.8%
2023 · 13.4%
Interest coverage
108.48
2023 · 56.35
Debt
€208k
2023 · €226k
Debt ≤ 1 year
€103k
2023 · €71k
Debt > 1 year
€73k
2023 · €123k
Income taxes
€52k
2023 · €36k
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€885k€932k
Fixed assets21/28€792k€664k
Tangible fixed assets22/27€791k€663k
Land and buildings22€735k€619k
Furniture and vehicles24€56k€44k
Financial fixed assets28€923€923=
Current assets29/58€93k€268k
Amounts receivable within one year40/41€43k-
Other amounts receivable41€43k-
Cash at bank and in hand54/58€35k€254k
Deferred charges and accrued income490/1€14k€14k
Equity and liabilities
Total equity and liabilities10/49€885k€932k
Equity10/15€659k€724k
Contributions10/11€20k€20k=
Revaluation surpluses12€18k€18k=
Reserves13€620k€685k
Distributable reserves133€620k€685k
Amounts payable17/49€226k€208k
Amounts payable after more than one year17€123k€73k
Financial debts170/4€123k€73k
Amounts payable within one year42/48€71k€103k
Current portion of amounts payable after more than one year42€50k€50k
Trade debts44€10k€17k
Suppliers440/4€10k€17k
Taxes, remuneration and social security45€10k€29k
Taxes450/3€10k€29k
Remuneration and social security454/9-€670
Other amounts payable47/48€2k€5k
Accrued charges and deferred income492/3€31k€32k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154k€129k
Other operating charges640/8€34k€37k
Gross operating margin9900€348k€358k
Operating profit (loss)9901€159k€192k
Financial income75/76B€186€355
Recurring financial income75€186€355
Financial charges65/66B€6k€3k
Recurring financial charges65€6k€3k
Profit (loss) for the period before taxes9903€154k€190k
Income taxes67/77€36k€52k
Profit (loss) for the period9904€119k€138k
Profit (loss) for the period to be appropriated9905€119k€138k
Appropriation of the result
Profit (loss) to be appropriated9906€119k€138k
Transfer from equity791/2€2k€73k
Transfer to equity691/2€107k€138k
To other reserves6921€107k€138k
Profit to be distributed694/7€13k€73k
Return on contributions (dividend)694€13k€73k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €138k ▲16.2%
Operating result €192k, net result €138k, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.61
Current ratio from 1.30 to 2.61.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 1.30
Current ratio from 0.42 to 1.30; short-term debt falls from €195k to €71k.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €500kEq €553k ▲31.2%
5 profitable years in a row build equity to €553k.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial Weakest financial yearnet €89k ▼8.7%
Net result drops to €89k, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
01-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Oostkamp · 1 establishment unit since 1989
establishment The establishment unit on the map
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.

Hertsbergsestraat 48020 Oostkamp
Ground area
1,609 m²
Building footprint
916 m²
Volume, LiDAR
8,427 m³
2 parcels, Flanders · tallest building 25.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Tempeldreef 13A, 8470 Gistel
NACE 1588001
since 19892.043.153.758
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31403F0145/00C000 Flanders 818 m² 1 · 541 m² 25.9 m · 5 fl.
35005B0230/00K000 Flanders 791 m² 1 · 375 m² 6.2 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 87 companies in sector 10860 we hold annual accounts for 47. 26 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-1989
Fiscal year end31-12
Activities, NACEBEL
10860Manufacture of food products
49420Removal services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.