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IMMO GHITO

Active
Private limited companyfounded 2008active for 17 yearsRue de la Gendarmerie 4, 1380 Lasne, BelgiumKBO/BCE: BE 0808.720.870

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472909.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 17 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,512▼ 69.0%
2024 · -€2,078
Working capital
-€20,512▼ 20.7%
2024 · -€16,999
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€3,427
▼ 70.8% 2025
20182025
Net result
-€3,512
▼ 69.0% 2025
20182025
Equity
€99,169
▼ 3.4% 2025
20182025
Total assets
€127,117
▲ 6.1% 2025
20182025
Debt
€27,948
▲ 63.7% 2025
20182025
Working capital
-€20,512
▼ 20.7% 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€1,895--€2,181▼ 15.1%-€420▲ 80.7%-€511▼ 21.7%-€1,255▼ 146%-€1,832▼ 45.9%-€2,006▼ 9.5%-€3,427▼ 70.8%
Net result-€1,832--€2,206▼ 20.4%-€445▲ 79.8%-€537▼ 20.6%-€1,262▼ 135%-€1,837▼ 45.5%-€2,078▼ 13.2%-€3,512▼ 69.0%
Equity€111,045-€108,839▼ 2.0%€108,394▼ 0.4%€107,858▼ 0.5%€106,596▼ 1.2%€104,760▼ 1.7%€102,681▼ 2.0%€99,169▼ 3.4%
Total assets€120,146-€120,056▼ 0.1%€120,880▲ 0.7%€121,035▲ 0.1%€119,957▼ 0.9%€119,952=€119,754▼ 0.2%€127,117▲ 6.1%
Debt€9,101-€11,216▲ 23.2%€12,486▲ 11.3%€13,177▲ 5.5%€13,361▲ 1.4%€15,192▲ 13.7%€17,073▲ 12.4%€27,948▲ 63.7%
Working capital-€8,635--€10,841▼ 25.5%-€11,286▼ 4.1%-€11,823▼ 4.8%-€13,085▼ 10.7%-€14,921▼ 14.0%-€16,999▼ 13.9%-€20,512▼ 20.7%

The operating result for 2025 is a loss of €3,427, larger than the loss of €2,006 in 2024. It is the lowest result since 2021.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127,117
Fixed assets €119,681 =
Current assets €7,436 ▲ 101×
Equity and liabilities €127,117
Equity €99,169 ▼ 3.4%
Debt €27,948 ▲ 63.7%
Debt's share of the balance-sheet total rises from 14.3% to 22.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.27▲
2024 · 0.00
Debt to equity
0.28▲
2024 · 0.17
ROE
-3.5%▼
2024 · -2.0%
ROA
-2.8%▼
2024 · -1.7%
Debt ≤ 1 year
€27,948▲
2024 · €17,073
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€119,754€127,117▲
Fixed assets21/28€119,681€119,681=
Tangible fixed assets22/27€119,681€119,681=
Land and buildings22€119,681€119,681=
Current assets29/58€74€7,436▲
Cash at bank and in hand54/58€74€7,436▲
Equity and liabilities
Total equity and liabilities10/49€119,754€127,117▲
Equity10/15€102,681€99,169▼
Contributions10/11€136,195€136,195=
Profit (loss) carried forward14-€33,514-€37,026▼
Amounts payable17/49€17,073€27,948▲
Amounts payable within one year42/48€17,073€27,948▲
Trade debts44€3,902€2,864▼
Suppliers440/4€3,902€2,864▼
Other amounts payable47/48€13,171€25,084▲
Income statement Code20242025
Other operating charges640/8-€174
Gross operating margin9900-€2,006-€3,252▼
Operating profit (loss)9901-€2,006-€3,427▼
Financial charges65/66B€73€86▲
Recurring financial charges65€73€86▲
Profit (loss) for the period before taxes9903-€2,078-€3,512▼
Profit (loss) for the period9904-€2,078-€3,512▼
Profit (loss) for the period to be appropriated9905-€2,078-€3,512▼
Appropriation of the result
Profit (loss) to be appropriated9906-€33,514-€37,026▼
Profit (loss) brought forward from the previous period14P-€31,435-€33,514▼

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20182019202020212022202320242025Change
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0-----
Other operating charges640/8---€348€348€540-€174-
Gross operating margin9900-€1,547-€1,833-€73-€163-€908-€1,292-€2,006-€3,252▼ 62.1%
Operating profit (loss)9901-€1,895-€2,181-€420-€511-€1,255-€1,832-€2,006-€3,427▼ 70.8%
Recurring financial income75€94--------
Financial charges65/66B---€26€7€5€73€86▲ 18.1%
Recurring financial charges65€31€25€25€26€7€5€73€86▲ 18.1%
Profit (loss) for the period before taxes9903-€1,832-€2,206-€445-€537-€1,262-€1,837-€2,078-€3,512▼ 69.0%
Profit (loss) for the period9904-€1,832-€2,206-€445-€537-€1,262-€1,837-€2,078-€3,512▼ 69.0%
Profit (loss) for the period to be appropriated9905-€1,832-€2,206-€445-€537-€1,262-€1,837-€2,078-€3,512▼ 69.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€120,146€120,056€120,880€121,035€119,957€119,952€119,754€127,117▲ 6.1%
Fixed assets21/28€119,681€119,681€119,681€119,681€119,681€119,681€119,681€119,681=
Tangible fixed assets22/27€119,681€119,681€119,681€119,681€119,681€119,681€119,681€119,681=
Land and buildings22---€119,681€119,681€119,681€119,681€119,681=
Current assets29/58€466€375€1,200€1,354€276€271€74€7,436▲ 101×
Amounts receivable within one year40/41--€1,191------
Cash at bank and in hand54/58€466€375€8€1,354€276€271€74€7,436▲ 101×
Equity and liabilities
Total equity and liabilities10/49€120,146€120,056€120,880€121,035€119,957€119,952€119,754€127,117▲ 6.1%
Equity10/15€111,045€108,839€108,394€107,858€106,596€104,760€102,681€99,169▼ 3.4%
Contributions10/11€136,195€136,195-€136,195€136,195€136,195€136,195€136,195=
Profit (loss) carried forward14-€25,150-€27,356-€27,801-€28,337-€29,599-€31,435-€33,514-€37,026▼ 10.5%
Amounts payable17/49€9,101€11,216€12,486€13,177€13,361€15,192€17,073€27,948▲ 63.7%
Amounts payable within one year42/48€9,101€11,216€12,486€13,177€13,361€15,192€17,073€27,948▲ 63.7%
Trade debts44-€1,116€0€91€275€2,107€3,902€2,864▼ 26.6%
Suppliers440/4---€91€275€2,107€3,902€2,864▼ 26.6%
Other amounts payable47/48---€13,086€13,086€13,086€13,171€25,084▲ 90.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,832-€2,206-€445-€537-€1,262-€1,837-€2,078-€3,512▼ 69.0%
Operating cash flow (approximation)-€1,832-€2,206-€445-€537-€1,262-€1,837-€2,078-€3,512▼ 69.0%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€90-€367€1,345-€1,078-€5-€197€7,363-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 6,908 companies had the same profile as IMMO GHITO has now. Two years later, 90.9% were still going and 1.1% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
90.9% was still going
7.8% stopped otherwise
1.1% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of IMMO GHITO itself is higher: 1.7% within 12 months. It rests on far more data about IMMO GHITO than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for IMMO GHITO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00472909 PDF
31-12-2024 full format 29-09-2025 2025-00519300 PDF
31-12-2023 full format 30-08-2024 2024-00457531 PDF
31-12-2022 full format 01-09-2023 2023-00437279 PDF
31-12-2021 micro format 05-04-2023 2023-00056898 PDF
31-12-2020 full format 21-06-2021 2021-22400273 PDF
31-12-2019 full format 31-08-2020 2020-48600375 PDF
31-12-2018 full format 02-07-2019 2019-27700078 PDF
31-12-2017 full format 13-07-2018 2018-33100597 PDF
31-12-2016 full format 14-06-2017 2017-18400547 PDF

Show all 17 filings

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