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IMMO GN

Active
Private limited companyfounded 2024active for 2 yearsRue Raikem 15, 4000 Liège, BelgiumKBO/BCE: BE 1012.276.261
Summary

IMMO GN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€148,283) and a net result of -€151,283. Its solvency ranks better than 10% of 17,012 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
-€148,283
Total assets
€884,871
Net result
-€151,283
Working capital
-€382,850

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €884,871
Fixed assets €881,095
Current assets €3,776
Equity and liabilities
Equity-€148,283
Debt€1.0m
Equity is negative: debt (€1.0m) exceeds the balance-sheet total (€884,871).
Key figures and ratios
2025 value
EBITDA
-€89,669
Cash flow
-€114,288
Solvency
-16.8%
Current ratio
0.01
ROA
-17.1%
Interest coverage
-3.64
Debt
€1.0m
Debt ≤ 1 year
€386,626
Debt > 1 year
€645,627
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
6.7% went bankrupt
3.9% stopped otherwise
88.8% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% 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 497,473 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 74.5% 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 490 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 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€0.9m
Fixed assets21/28€0.9m
Tangible fixed assets22/27€0.9m
Land and buildings22€0.9m
Current assets29/58€0.004m
Amounts receivable within one year40/41€0.002m
Other amounts receivable41€0.002m
Cash at bank and in hand54/58€0.001m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€0.9m
Equity10/15-€0.1m
Contributions10/11€0.003m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.0m
Amounts payable after more than one year17€0.6m
Financial debts170/4€0.6m
Amounts payable within one year42/48€0.4m
Current portion of amounts payable after more than one year42€0.03m
Trade debts44€0.005m
Suppliers440/4€0.005m
Other amounts payable47/48€0.4m
Accrued charges and deferred income492/3€0.001m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m
Other operating charges640/8€0.09m
Gross operating margin9900€0.001m
Operating profit (loss)9901-€0.1m
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€0.02m
Recurring financial charges65€0.02m
Profit (loss) for the period before taxes9903-€0.2m
Profit (loss) for the period9904-€0.2m
Profit (loss) for the period to be appropriated9905-€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,995
Other operating charges640/8€90,970
Gross operating margin9900€1,302
Operating profit (loss)9901-€126,664
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€24,621
Recurring financial charges65€24,621
Profit (loss) for the period before taxes9903-€151,283
Profit (loss) for the period9904-€151,283
Profit (loss) for the period to be appropriated9905-€151,283
Line2025
Assets
Total assets20/58€0.9m
Fixed assets21/28€0.9m
Tangible fixed assets22/27€0.9m
Land and buildings22€0.9m
Current assets29/58€0.004m
Amounts receivable within one year40/41€0.002m
Other amounts receivable41€0.002m
Cash at bank and in hand54/58€0.001m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€0.9m
Equity10/15-€0.1m
Contributions10/11€0.003m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.0m
Amounts payable after more than one year17€0.6m
Financial debts170/4€0.6m
Amounts payable within one year42/48€0.4m
Current portion of amounts payable after more than one year42€0.03m
Trade debts44€0.005m
Suppliers440/4€0.005m
Other amounts payable47/48€0.4m
Accrued charges and deferred income492/3€0.001m
Line2025
Profit (loss) for the period9904-€151,283
+ Depreciation and write-downs630€36,995
Operating cash flow (approximation)-€114,288

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-06-2026 2026-00182279

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 7,230 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,421. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.