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IMMO HILL

Active Public limited companyfounded 1985active for 41 yearsKalfstraat 43, 8300 Knokke-HeistKBO/BCE: BE 0427.066.749 #9 oldest company in Knokke-Heist, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 39 filings since 1986
peak €2.0m (2020)
-€14,918▼ €4,864
lowest -€145,525 (2007)
€75,992▼ 74.6%
peak €4.8m (2025)
€4.8m▲ 1.6%
€1.6m▼ 6.6%
peak 1.2 FTE (2009)
0.7 FTEunchanged
Board5 names since 2019
3 directorsDavid HILLEWAERE and 2 others
Owners
  
Documentsfilings and deeds
19-03-2026134 days before the deadline
2025abbreviated format
Gross margin from -€10,054 to -€14,918Result from €298,766 to €75,9921 establishment registered

Key points

from the 2025 annual accounts

Equity

€4.8m ▲ 1.6%

IMMO HILL has made a profit without a break since 2018.

Result

€75,992 ▼ 74.6%
€299,0002024€76,0002025

The result fell in 2025 from €298,766 to €75,992.

Filings

39 annual accounts since 1986
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 67 to 149 days before the end of the period.

Turnover not published (abbreviated format)

Checked score

94
Excellent
Financially stronger than 51% of micro companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).

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

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

100+1equity 75.3% of total assets
43+1short-term debt 23.2% · cash 1.1%
20-5return on assets 1.2%

Score breakdown

raises risk
Liquidity: current ratio 2.01, cash €72,356
lowers risk
Founded in 1985
Size: 0.7 FTE, total assets €6.4m
Figures for financial year 2025 (filed on 19-03-2026)
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 (NACE 77, micro). It does better than 92% of them on solvency, 44% on liquidity, 20% on profitability and 47% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as IMMO HILL has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

That fits the bankruptcy probability of IMMO HILL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 17,041 companies, not a prediction for IMMO HILL. 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.

Credit verdict

Credit of up to €450,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.01 (1.81 in 2024), above the usual 1.5. Short-term debt is 23.2% and cash 1.1% of total assets. 24.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 0.7 FTE, total assets €6.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.01, cash €72,356
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 19-03-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
134 days early
2024
149 days early
2023
119 days early
2022
88 days early
2021
67 days early
2020
57 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 95 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 April (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DH
Managing director
  • IMMO HILL 350 sharesdeed of 06-07-2022

Shares in 4 companies, including DHR PROJECTS and VERABOUW

Board & ownership

Recent changes

New establishment in Ixelles Louizalaan 290
Registered in the Peppol Directory Reachable for e-invoices through 0208:0427066749
Capital decrease of €40,988.26 to €263,261.74 Capital from €304,250 to €263,261.74 · Transfer of 350 shares from DHR PROJECTS to IMMO HILL · Resignation: HILLEWAERE Roland (director) · Gazette deed
1 director appointed, 1 resignation, 2 reappointments Resignation: DHR PROJECTS · Permanent representative: David Hillewaere · Reappointments: Nathalie Vanden Eynde (managing director) and David Hillewaere (managing director) · General meeting of 23-12-2019 · Gazette deed
All 54 events

Comparable companies

same main activity, similar in size and age
Company
IMMO HILL Knokke-Heist €6.4m -€14,918 75.3% 0.7
KAAI 22 Roeselare €7.4m -€645,275 62.5% 1
CANDELAS IMMO Wortegem-Petegem €5.8m -€56,719 50.3% 0
EUROPEES GARANTIE AGENTSCHAP INTERNATIONAAL, EUROPEAN GUARANTEE AGENCY INTERNATIONAL, AGENCE EUROPEENNE INTERNATIONALE DE GARANTIE Schoten €5.3m -€32,494 67.0% 0
DEVLEMINCK AIR SERVICE Saint-Ghislain €1.6m -€200,351 -58.6% -
ALVERO KANTOORMEUBELVERHUUR Antwerp €1.4m -€38,833 84.1% -
LAVATRA Menen €11.0m - 96.3% 5.9

These companies have the same main activity as IMMO HILL: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €1.4m and €11m, founded between 1977 and 2001.

Official details

Source: KBO
Status
Active since 21-02-1985Normal situation
Activity
Renting and leasing of other machinery, equipment and tangible goodsNACE 77399and 3 others
Joint committee
323Building management, estate agents and domestic staff · annual accounts 2021
Establishment units
2.026.904.8728300 Knokke-Heist, since 18-04-1985
2.375.425.8721050 Ixelles, since 01-07-2025
Financial year end
31 December
Peppol
Reachable since 27-03-2025
Company details

Annual accounts 2025

€6.4m▼ 0.5%
Employeeson 31-12-2025
1=
Filing
Filed on 19-03-2026, 134 days before the end of the filing period
Financials

Companies linked to IMMO HILL

Insights on IMMO HILL

IMMO HILL files the abbreviated format. That format states no turnover. The gross margin fell from €847,987 in 2006 to -€14,918 in 2025.

In July 2022, the Official Gazette published the appointment of VANDEN EYNDE Nathalie Joseph Denise as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IMMO HILL

What is the company number of IMMO HILL?
The company number of IMMO HILL is 0427.066.749. The VAT number is the same number with BE in front: BE 0427.066.749.
Where is IMMO HILL based?
The registered office is at Kalfstraat 43, 8300 Knokke-Heist.Company details
What does IMMO HILL do?
According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of IMMO HILL?
IMMO HILL is a public limited company (NV).
When was IMMO HILL founded?
IMMO HILL was founded on 21-02-1985.
Is IMMO HILL still active?
Yes, IMMO HILL is an active enterprise in the KBO register.
How many employees does IMMO HILL have?
IMMO HILL had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IMMO HILL fall under?
In its 2021 annual accounts, IMMO HILL states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of IMMO HILL?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
Is IMMO HILL profitable?
In financial year 2025, IMMO HILL made a profit of €75,992.
Where can I find the annual accounts of IMMO HILL?
IMMO HILL filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMMO HILL due?
IMMO HILL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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