Equity
Equity rose in 2025 from €440,436 to €2.1m.
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 92% of them on solvency, 83% on liquidity, 75% on profitability and 97% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
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).
In July 2024, 1,639 companies had the same profile as IMMO INTERBORING has now. Each dot stands for 5 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IMMO INTERBORING itself: < 0.1% within 12 months.
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.
| 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 1,639 companies, not a prediction for IMMO INTERBORING. 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.
Liquidity is ample, with a current ratio of 3.08 (1.58 in 2024), above the usual 1.5. Short-term debt is 2.4% and cash 5.6% of total assets. 2.5% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| IMMO INTERBORING Zonhoven | - | - | 97.5% | 0 |
| VAN HAUTEGHEM IMMO Oudenaarde | €123,692 | 37.4% | 24.3% | 0 |
| PATRIMO RGO Bilzen-Hoeselt | - | - | 0.7% | 0 |
| 137L Forest | - | - | -6.7% | 0 |
| ELPIS Bredene | - | - | -5.7% | 0 |
| HOLDCO Westerlo | €44,628 | - | -53.4% | 0 |
| LOODSEN BRAEM Ghent | - | - | 25.4% | 0 |
These companies have the same main activity as IMMO INTERBORING: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.4m and €2.9m, founded between 2017 and 2021.
IMMO INTERBORING files the abbreviated format. That format states no turnover. The gross margin fell from €123,104 in 2019 to €112,131 in 2025.
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €120,000 and €240,000.
Higher than 95% of 11,299 companies in 2025.
Higher than 77% of 10,851 companies in 2025.
Higher than 58% of 11,184 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
2.2m | 570,261 | 590,838 | 580,150 | 504,936 | 480,443 | 490,668 | |
21/28 |
2.0m | 369,996 | 303,214 | 335,919 | 312,188 | 294,699 | 328,604 | |
22/27 |
2.0m | 369,996 | 303,214 | 335,919 | 312,188 | 294,699 | 328,604 | |
22 |
1.9m | 199,916 | 218,197 | 254,085 | 259,557 | 292,524 | 325,492 | |
23 |
86,730 | 95,606 | 78,398 | 72,290 | 39,957 | 1,560 | 2,087 | |
24 |
57,748 | 74,474 | 6,619 | 9,544 | 12,674 | 615 | 1,025 | |
29/58 |
164,189 | 200,265 | 287,624 | 244,231 | 192,749 | 185,744 | 162,064 | |
40/41 |
39,176 | 61,904 | 11,374 | 16,507 | 29,681 | 46,501 | 53,948 | |
40 |
38,132 | 54,891 | 11,244 | 16,135 | 24,841 | 45,984 | 53,066 | |
41 |
1,044 | 7,013 | 130 | 372 | 4,840 | 517 | 882 | |
54/58 |
122,617 | 135,741 | 273,833 | 225,577 | 161,011 | 137,471 | 106,719 | |
490/1 |
2,395 | 2,620 | 2,418 | 2,148 | 2,057 | 1,772 | 1,397 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
2.2m | 570,261 | 590,838 | 580,150 | 504,936 | 480,443 | 490,667 | |
10/15 |
2.1m | 440,436 | 523,601 | 524,592 | 480,845 | 447,395 | 413,632 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | - | |
10 |
- | - | - | - | - | - | 18,550 | |
100 |
- | - | - | - | - | - | 18,550 | |
12 |
1.7m | - | - | - | - | - | - | |
13 |
398,170 | 390,633 | 473,798 | 474,789 | 431,042 | 397,593 | 363,829 | |
130/1 |
- | 0 | 10,634 | 10,634 | 10,634 | 10,634 | - | |
130 |
- | - | - | - | - | - | 10,634 | |
1311 |
- | 0 | 10,634 | 10,634 | 10,634 | 10,634 | - | |
132 |
12,121 | 12,121 | 12,121 | 12,121 | 12,121 | 12,121 | 12,121 | |
133 |
386,049 | 378,512 | 451,042 | 452,033 | 408,286 | 374,837 | 341,074 | |
14 |
31,253 | 31,253 | 31,253 | 31,253 | 31,253 | 31,253 | 31,253 | |
16 |
- | - | - | 0 | 7,000 | 7,000 | 7,000 | |
160/5 |
- | - | - | 0 | 7,000 | 7,000 | 7,000 | |
162 |
- | - | - | 0 | 7,000 | 7,000 | 7,000 | |
17/49 |
54,331 | 129,825 | 67,237 | 55,559 | 17,092 | 26,047 | 70,035 | |
42/48 |
53,371 | 126,825 | 65,077 | 54,119 | 16,372 | 26,047 | 70,035 | |
44 |
9,224 | 25,107 | 12,827 | 41,578 | 264 | 7,461 | 5,614 | |
440/4 |
9,224 | 25,107 | 12,827 | 41,578 | 264 | 7,461 | 5,614 | |
45 |
12,072 | 5,515 | 10,644 | 12,541 | 16,107 | 18,586 | 64,421 | |
450/3 |
12,072 | 5,515 | 10,644 | 12,541 | 16,107 | 18,586 | 64,421 | |
47/48 |
32,075 | 96,203 | 41,606 | - | - | - | - | |
492/3 |
960 | 3,000 | 2,160 | 1,440 | 720 | - | - | |
| Income statement | ||||||||
9900 |
112,131 | 101,832 | 115,727 | 98,520 | 95,914 | 92,601 | 123,104 | |
62 |
- | - | - | - | - | - | 6,918 | |
630 |
42,376 | 63,156 | 45,265 | 42,842 | 38,070 | 33,904 | 43,198 | |
635/8 |
- | - | 0 | -7,000 | - | - | - | |
640/8 |
7,980 | 7,834 | 7,161 | 6,351 | 8,438 | 6,237 | 7,684 | |
66A |
0 | 2,719 | - | - | - | - | - | |
9901 |
61,776 | 28,124 | 63,301 | 56,327 | 49,406 | 52,460 | 65,304 | |
75/76B |
- | - | - | 0 | 7 | 1 | 119,507 | |
75 |
- | - | - | 0 | 7 | 1 | - | |
76B |
- | - | - | - | - | - | 119,507 | |
65/66B |
92 | 842 | 42 | 39 | 31 | 28 | 2 | |
65 |
92 | 842 | 42 | 39 | 31 | 28 | 2 | |
9903 |
61,684 | 27,282 | 63,259 | 56,288 | 49,382 | 52,432 | 184,809 | |
67/77 |
20,383 | 8,728 | 20,454 | 12,541 | 15,933 | 18,669 | 64,421 | |
9904 |
41,300 | 18,554 | 42,805 | 43,747 | 33,449 | 33,764 | 120,388 | |
9905 |
41,300 | 18,554 | 42,805 | 43,747 | 33,449 | 33,764 | 120,388 | |
| Appropriation of the result | ||||||||
9906 |
72,553 | 49,807 | 74,058 | 75,000 | 64,702 | 65,016 | 151,641 | |
14P |
31,253 | 31,253 | 31,253 | 31,253 | 31,253 | - | 31,253 | |
791/2 |
33,764 | 101,718 | 43,796 | - | - | - | - | |
691/2 |
41,300 | 18,554 | 42,805 | 43,747 | 33,449 | 33,764 | 120,387 | |
6921 |
41,300 | 18,554 | 42,805 | 43,747 | 33,449 | 33,764 | 120,387 | |
694/7 |
33,764 | 101,718 | 43,796 | - | - | - | - | |
694 |
33,764 | 101,718 | 43,796 | - | - | - | - | |
| Social balance sheet | ||||||||
9087 |
0 | 0 | - | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00111090 | |
| 30-09-2024 | abbreviated format | 25-04-2025 | 2025-00078356 | |
| 30-09-2023 | abbreviated format | 13-03-2024 | 2024-00043557 | |
| 30-09-2022 | abbreviated format | 30-03-2023 | 2023-00051365 | |
| 30-09-2021 | abbreviated format | 27-04-2022 | 2022-20009915 | |
| 30-09-2020 | abbreviated format | 28-04-2021 | 2021-12200408 | |
| 30-09-2019 | abbreviated format | 15-04-2020 | 2020-09400069 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 104,152 | 91,279 | 108,566 | 99,169 | 87,477 | 86,364 | 108,502 | ||
| 83,676 | 81,709 | 88,070 | 86,589 | 71,520 | 67,668 | 163,586 | ||
| 10,495 | 136,557 | 12,560 | 66,573 | 55,559 | -1 | 873,910 | ||
| -13,123 | -138,092 | 48,256 | 64,566 | 23,540 | 30,752 | - | ||
| 110,817 | 73,440 | 222,547 | 190,113 | 176,377 | 159,696 | 92,029 | ||
| 97.5% | 77.2% | 88.6% | 90.4% | 95.2% | 93.1% | 84.3% | ||
| 3.08 | 1.58 | 4.42 | 4.51 | 11.77 | 7.13 | 2.31 | ||
| 0.03 | 0.29 | 0.13 | 0.11 | 0.04 | 0.06 | 0.17 | ||
| 1.9% | 4.2% | 8.2% | 8.3% | 7.0% | 7.5% | 29.1% | ||
| 1.9% | 3.3% | 7.2% | 7.5% | 6.6% | 7.0% | 24.5% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,495 | €136,557 | €12,560 | €66,573 | €55,559 |
| €42,376 | €63,156 | €45,265 | €42,842 | €38,070 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 120% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 22.8% to 2.5%. Equity is higher and debt is lower.
IMMO INTERBORING has no parent and no holdings in its annual accounts. IMMO INTERBORING shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kneuterweg 13 registered office 3520 Zonhoven | 16-11-2018 | 2.282.980.221 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71442D0124/00X024 | 1,124 m² | 1 · 224 m² | 7.9 m · 2 |
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