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Immo Grand Royal

Active
Public limited companyfounded 1989active for 37 yearsRue du Grand Royal 2, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0438.570.256
Summary

The annual accounts of Immo Grand Royal for financial year 2025 show a net loss of 866% of the equity at the start of that year. The 2025 annual accounts show equity of €660,561 and a net result of -€156,428. Equity has been shrinking by about 29% per year since 2019. The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-09-1989 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
No activity registered in the KBO
Establishment unit
2.053.474.162 1390 Grez-Doiceau, since 11-07-1991
Financial year end
30 September
Peppol
Reachable since 11-05-2026

Board and ownership

Board
Shareholders

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
-€71,705
Loss
€156,428
▲ 718%
Equity
€660,561
▲ 37×
Total assets
€789,281
▼ 27.9%
  • 2025 accounts filed 11 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €156,428, the second in a row (financial year 2025)lowers riskSize: total assets €789,281Equity €660,561 (83.7% of total assets)Liquidity: current ratio 3.71, cash €446,877Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 68% of micro companies without a NACE code
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100+73
equity 83.7% of total assets
Liquidity 96+65
short-term debt 16.3% · cash 56.6%
Profitability 0-33
return on assets -19.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.5% 01-2025: 2.6%▲ +0.1 percentage points vs 12-2024 02-2025: 3.0%▲ +0.4 percentage points vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.2%▲ +0.2 percentage points vs 03-2025highest value 05-2025: 1.1%▼ -2.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.2%▲ +0.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.6%▲ +0.4 percentage points vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.2 percentage points vs 03-2026 05-2026: 2.4%▲ +0.6 percentage points vs 04-2026 06-2026: 0.3%▼ -2.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €35,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 3.71 (0.41 in 2024), above the usual 1.5. Short-term debt is 16.3% and cash 56.6% of total assets. 16.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 87% on liquidity, 4% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €156,428, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €789,281
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €660,561 (83.7% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.71, cash €446,877
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €660,561
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
3 days early
2023
on the day
2022
111 days late
2021
476 days late
2020
789 days late
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 199 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 May (4 of the last 5 accounts filed within 100 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€156,428 View
  • Caution: Result fell in 2025from -€19,128 to -€156,428 ▼ 718% View

Recent changes

  1. · Gazette deed Company renamed from IMMOGIL to Immo Grand RoyalRegistered office moved within Grez-Doiceau · Appointment: Olivier MARTINOT (administrateur unique statutaire)
  2. · Gazette deed Dissolution of the companyAppointment: Dominique LEONARD (liquidateur judiciaire)
  3. · Bankruptcy Judicial dissolution, liquidator appointedEnterprise Court of Walloon Brabant · liquidator: Leonard Dominique · judgment of 13-04-2023
All 19 events

Key facts about Immo Grand Royal

What is the company number of Immo Grand Royal?
The company number of Immo Grand Royal is 0438.570.256. The VAT number is the same number with BE in front: BE 0438.570.256.
Where is Immo Grand Royal based?
The registered office is at Rue du Grand Royal 2, 1390 Grez-Doiceau.Company details
What is the legal form of Immo Grand Royal?
The legal form of Immo Grand Royal is Public limited company (NV).
When was Immo Grand Royal founded?
Immo Grand Royal was founded on 29-09-1989.
Is Immo Grand Royal still active?
Yes, Immo Grand Royal is an active enterprise in the KBO register.
What is the turnover of Immo Grand Royal?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Immo Grand Royal profitable?
In financial year 2025, Immo Grand Royal made a loss of €156,428.
Where can I find the annual accounts of Immo Grand Royal?
Immo Grand Royal filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Immo Grand Royal due?
Immo Grand Royal must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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