The file of IMMO - IBIS - SUD contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of IMMO - IBIS - SUD as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €4.7m and a net result of €24,456. Equity remains stable across the filed financial years (±0.8% per year).
Writing about this reorganisation? Embed the IMMO - IBIS - SUD company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
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Overview
Activity
“La constitution, la gestion l'exploitation, la mise en valeur d'un patrimoine immobilier, et pour…” (deed in French)
From the articles, 6 activitiesNo NACE code in the KBO yet1 site
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Parent
Immo - Sambre · 99.99%
Auditor: F.C.G. REVISEURS D'ENTREPRISESAccounts filed 20 days late3 of 10 deeds read
Signalsraises riskIn judicial reorganisationneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
24/ 100
Critical
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Strong
Solvency100=
equity 82.2% of total assets
Liquidity48+1
short-term debt 13.3% · cash 0.0%
Profitability69-1
return on assets 0.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.02, compared with 0.0 in 2024, below 1; short-term debt: 13.3% and cash: 0% of total assets), and 17.8% of the assets are financed with debt and provisions.
Signals
Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring. The KBO register also records: special situation.
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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.
This company filed its last 7 accounts on average 18 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 20 August (4 of the last 5 filed years within 41 days of that day).