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Immo Gevan

Active
Public limited companyfounded 197254 yrs activeThonissenlaan 63, 3500 Hasselt, BelgiumKBO/BCE: BE 0412.138.944

Immo Gevan has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.95M and a net result of €278k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-2
Solvency77▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 2.01 in 2023; short-term debt: 20.9% and cash: 0.2% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers 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 54 years 0 60 y
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 · 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 2024
Solvency, return and age of the figures
Solvency
51.6%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
211 d late
2022
61 d late
2021
2 d early
2020
2 d late
2019
61 d late
← 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, abbreviated schema

Equity
€6.95M▲ 4.2%
2023 · €6.68M
2018: €4.91M 2020: €5.52M 2021: €5.96M 2022: €6.35M 2023: €6.68M
2018 → 2024
Total assets
€13.46M▲ 40.3%
2023 · €9.60M
2018: €11.21M 2020: €10.60M 2021: €9.96M 2022: €10.14M 2023: €9.60M
2018 → 2024
Net result
€278k▼ 14.4%
2023 · €325k
2018: €95k 2020: €392k 2021: €439k 2022: €387k 2023: €325k
2018 → 2024
Working capital
€7.01M▲ 144%
2023 · €2.87M
2018: €-131k 2020: €1.01M 2021: €1.68M 2022: €2.28M 2023: €2.87M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€5.52M-€5.96M▲ 7.9%€6.35M▲ 6.5%€6.68M▲ 5.1%€6.95M▲ 4.2%
Operating result€672k-€740k▲ 10.2%€579k▼ 21.8%€494k▼ 14.7%€472k▼ 4.4%
Net result€392k-€439k▲ 11.8%€387k▼ 11.8%€325k▼ 16.0%€278k▼ 14.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2020: €672k€672kNet result 2020: €392k€392kOperating result 2021: €740k€740kNet result 2021: €439k€439kOperating result 2022: €579k€579kNet result 2022: €387k€387kOperating result 2023: €494k€494kNet result 2023: €325k€325kOperating result 2024: €472k€472kNet result 2024: €278k€278k20202021202220232024
The operating result has fallen three years in a row; 2024 is 4% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.46M
Fixed assets €3.65M▼ 6.0%
Current assets €9.82M▲ 71.8%
Equity and liabilities €13.46M
Equity €6.95M▲ 4.2%
Provisions €3k▼ 25.0%
Debt €6.51M▲ 123%
The debt ratio rises from 30.4% to 48.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€706k
2023 · €728k
Cash flow
€512k
2023 · €559k
Solvency
51.6%
2023 · 69.6%
Current ratio
3.50
2023 · 2.01
Quick ratio
0.43
2023 · 0.45
Debt / equity
0.94
2023 · 0.44
ROE
4.0%
2023 · 4.9%
ROA
2.1%
2023 · 3.4%
Interest coverage
6.17
2023 · 7.99
Debt
€6.51M
2023 · €2.92M
Debt ≤ 1 year
€2.81M
2023 · €2.84M
Debt > 1 year
€3.48M
Income taxes
€97k
2023 · €118k
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€9.60M€13.46M
Fixed assets21/28€3.88M€3.65M
Tangible fixed assets22/27€2.71M€2.47M
Land and buildings22€2.71M€2.47M
Financial fixed assets28€1.18M€1.18M=
Current assets29/58€5.71M€9.82M
Stocks and contracts in progress3€4.44M€8.60M
Stocks30/36€4.44M€8.60M
Amounts receivable within one year40/41€1.22M€1.16M
Trade receivables40€312k€409k
Other amounts receivable41€909k€755k
Cash at bank and in hand54/58€26k€23k
Deferred charges and accrued income490/1€29k€30k
Equity and liabilities
Total equity and liabilities10/49€9.60M€13.46M
Equity10/15€6.68M€6.95M
Contributions10/11€550k€550k=
Capital10€550k€550k=
Issued capital100€550k€550k=
Reserves13€6.13M€6.40M
Non-distributable reserves130/1€55k€55k=
Legal reserve130€55k€55k=
Tax-exempt reserves132€19k€17k
Distributable reserves133€6.05M€6.33M
Provisions and deferred taxes16€4k€3k
Deferred taxes168€4k€3k
Amounts payable17/49€2.92M€6.51M
Amounts payable after more than one year17-€3.48M
Financial debts170/4-€3.48M
Amounts payable within one year42/48€2.84M€2.81M
Financial debts43€544k€50k
Credit institutions430/8€544k€50k
Trade debts44€42k€51k
Suppliers440/4€42k€51k
Taxes, remuneration and social security45€89k€50k
Taxes450/3€89k€50k
Other amounts payable47/48€2.17M€2.66M
Accrued charges and deferred income492/3€77k€216k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€234k€234k=
Other operating charges640/8€115k€139k
Gross operating margin9900€843k€845k
Operating profit (loss)9901€494k€472k
Financial income75/76B€39k€17k
Recurring financial income75€39k€17k
Financial charges65/66B€91k€114k
Recurring financial charges65€91k€114k
Profit (loss) for the period before taxes9903€442k€375k
Transfer from deferred taxes780€962€962=
Income taxes67/77€118k€97k
Profit (loss) for the period9904€325k€278k
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€327k€280k
Appropriation of the result
Profit (loss) to be appropriated9906€327k€280k
Transfer to equity691/2€327k€280k
To other reserves6921€327k€280k

The notes to these accounts (6 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
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
27-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 211 days late
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €439k ▲11.8%
Operating result €740k, net result €439k, both a record.
02-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
31-12
Financial Equity above €5MEq €5.52M ▲12.5%
2 profitable years in a row build equity to €5.52M.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Hasselt · 1 establishment unit since 1972
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.

Thonissenlaan 633500 Hasselt
Ground area
962 m²
Building footprint
393 m²
Volume, LiDAR
7,157 m³
Parcel 71022H1379/00E002, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Thonissenlaan 63, 3500 Hasselt
Real estate development
since 19722.007.060.355
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H1379/00E002 Flanders 962 m² 1 · 393 m² 24.7 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 9,697 companies in sector 68121 we hold annual accounts for 7,378. 1,531 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-04-1972
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.