Immo Kevjernic
ActiveSummary
The annual accounts of Immo Kevjernic for fiscal year 2025 show a net loss of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €1.32M and a net result of €-159k. Equity is shrinking by ~20% per year across the filed fiscal years. Its solvency ranks better than 49% of 14128 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-24
Solvency53▲+21
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.02 against 0.07 in 2024; short-term debt: 56.3% and cash: 0.3% of total assets), and 72.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.7%
Return on assets
-3.3%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.32M
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
31 d early
2023
12 d late
2022
30 d late
2021
28 d late
2020
5 d late
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.32M▲ 465%
2024 · €233k
2018: €934k
2019: €777k▼ -16.8% vs 2018
2020: €680k▼ -12.6% vs 2019
2021: €558k▼ -18.0% vs 2020
2022: €391k▼ -30.0% vs 2021
2023: €299k▼ -23.5% vs 2022
2024: €233k▼ -22.0% vs 2023lowest in 8 years
2025: €1.32M▲ +465% vs 2024highest in 8 years
2018 → 2025
Total assets
€4.75M▲ 49.1%
2024 · €3.18M
2018: €2.29M
2019: €2.50M▲ +9.0% vs 2018
2020: €2.10M▼ -15.9% vs 2019lowest in 8 years
2021: €2.33M▲ +10.7% vs 2020
2022: €2.70M▲ +15.8% vs 2021
2023: €2.78M▲ +3.0% vs 2022
2024: €3.18M▲ +14.7% vs 2023
2025: €4.75M▲ +49.1% vs 2024highest in 8 years
2018 → 2025
Net result
€-159k▼ 142%
2024 · €-66k
2018: €187khighest in 8 years
2019: €-157k▼ -184% vs 2018
2020: €-98k▲ +37.6% vs 2019
2021: €-122k▼ -24.7% vs 2020
2022: €-167k▼ -36.8% vs 2021lowest in 8 years
2023: €-92k▲ +45.0% vs 2022
2024: €-66k▲ +28.6% vs 2023
2025: €-159k▼ -142% vs 2024
2018 → 2025
Working capital
€-2.61M▼ 34.6%
2024 · €-1.94M
2018: €185khighest in 8 years
2019: €-273k▼ -247% vs 2018
2020: €-580k▼ -112% vs 2019
2021: €-799k▼ -37.8% vs 2020
2022: €-1.52M▼ -90.4% vs 2021
2023: €-1.79M▼ -17.7% vs 2022
2024: €-1.94M▼ -8.3% vs 2023
2025: €-2.61M▼ -34.6% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€558k-€391k▼ 30.0%€299k▼ 23.5%€233k▼ 22.0%€1.32M▲ 465%
2021: €558k
2022: €391k▼ -30.0% vs 2021
2023: €299k▼ -23.5% vs 2022
2024: €233k▼ -22.0% vs 2023lowest in 5 years
2025: €1.32M▲ +465% vs 2024highest in 5 years
Operating result€-105k-€-148k▼ 41.6%€-70k▲ 52.5%€-46k▲ 35.1%€-118k▼ 159%
2021: €-105k
2022: €-148k▼ -41.6% vs 2021lowest in 5 years
2023: €-70k▲ +52.5% vs 2022
2024: €-46k▲ +35.1% vs 2023highest in 5 years
2025: €-118k▼ -159% vs 2024
Net result€-122k-€-167k▼ 36.8%€-92k▲ 45.0%€-66k▲ 28.6%€-159k▼ 142%
2021: €-122k
2022: €-167k▼ -36.8% vs 2021lowest in 5 years
2023: €-92k▲ +45.0% vs 2022
2024: €-66k▲ +28.6% vs 2023highest in 5 years
2025: €-159k▼ -142% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €118k in 2025 against €46k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.75M
Fixed assets
€4.68M ▲ 54.1%
Current assets
€64k ▼ 56.0%
Equity and liabilities €4.75M
Equity
€1.32M ▲ 465%
Debt
€3.43M ▲ 16.2%
Debt's share of the balance-sheet total falls from 92.7% to 72.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €78k
Cash flow
€-22k▼
2024 · €58k
Current ratio
0.02▼
2024 · 0.07
Debt to equity
2.60▼
2024 · 12.66
ROE
-12.0%▲
2024 · -28.2%
ROA
-3.3%▼
2024 · -2.1%
Interest coverage
0.43▼
2024 · 3.09
Debt ≤ 1 year
€2.67M▲
2024 · €2.08M
Debt > 1 year
€757k▼
2024 · €867k
Income taxes
€260▼
2024 · €331
Staff costs
€-63▼
2024 · €-5
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.18M€4.75M▲
Fixed assets21/28€3.04M€4.68M▲
Tangible fixed assets22/27€3.03M€4.67M▲
Land and buildings22€3.02M€4.67M▲
Furniture and vehicles24€13k€6k▼
Financial fixed assets28€10k€9k▼
Current assets29/58€146k€64k▼
Amounts receivable within one year40/41€51k€44k▼
Trade receivables40€6k€0▼
Other amounts receivable41€44k€44k=
Cash at bank and in hand54/58€91k€16k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€3.18M€4.75M▲
Equity10/15€233k€1.32M▲
Contributions10/11€519k€519k=
Revaluation surpluses12-€1.24M
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-337k€-496k▼
Amounts payable17/49€2.95M€3.43M▲
Amounts payable after more than one year17€867k€757k▼
Financial debts170/4€867k€757k▼
Amounts payable within one year42/48€2.08M€2.67M▲
Current portion of amounts payable after more than one year42€108k€110k▲
Financial debts43€356k€799k▲
Credit institutions430/8€356k€799k▲
Trade debts44€9k€127k▲
Suppliers440/4€9k€127k▲
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€1.60M€1.63M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€-5€-63▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€137k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€84k€25k▼
Operating profit (loss)9901€-46k€-118k▼
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€25k€43k▲
Recurring financial charges65€25k€43k▲
Profit (loss) for the period before taxes9903€-65k€-158k▼
Income taxes67/77€331€260▼
Profit (loss) for the period9904€-66k€-159k▼
Profit (loss) for the period to be appropriated9905€-66k€-159k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-337k€-496k▼
Profit (loss) brought forward from the previous period14P€-272k€-337k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €2k | €6k | €0 | €-5 | €-63 | ▼ 1,052% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94k | €158k | €121k | €124k | €137k | ▲ 10.3% |
| Other operating charges640/8 | €6k | €5k | €6k | €6k | €7k | ▲ 17.8% |
| Gross operating margin9900 | €-2k | €20k | €57k | €84k | €25k | ▼ 70.0% |
| Operating profit (loss)9901 | €-105k | €-148k | €-70k | €-46k | €-118k | ▼ 159% |
| Financial income75/76B | €0 | €42 | €305 | €6k | €3k | ▼ 46.0% |
| Recurring financial income75 | €0 | €42 | €305 | €6k | €3k | ▼ 46.0% |
| Financial charges65/66B | €17k | €18k | €21k | €25k | €43k | ▲ 71.0% |
| Recurring financial charges65 | €17k | €18k | €21k | €25k | €43k | ▲ 71.0% |
| Profit (loss) for the period before taxes9903 | €-122k | €-167k | €-92k | €-65k | €-158k | ▼ 143% |
| Income taxes67/77 | €298 | €276 | €260 | €331 | €260 | ▼ 21.7% |
| Profit (loss) for the period9904 | €-122k | €-167k | €-92k | €-66k | €-159k | ▼ 142% |
| Profit (loss) for the period to be appropriated9905 | €-122k | €-167k | €-92k | €-66k | €-159k | ▼ 142% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.33M | €2.70M | €2.78M | €3.18M | €4.75M | ▲ 49.1% |
| Fixed assets21/28 | €2.19M | €2.62M | €2.69M | €3.04M | €4.68M | ▲ 54.1% |
| Tangible fixed assets22/27 | €2.18M | €2.61M | €2.68M | €3.03M | €4.67M | ▲ 54.3% |
| Land and buildings22 | €2.16M | €2.58M | €2.66M | €3.02M | €4.67M | ▲ 54.8% |
| Furniture and vehicles24 | €14k | €28k | €20k | €13k | €6k | ▼ 49.2% |
| Financial fixed assets28 | €10k | €10k | €10k | €10k | €9k | ▼ 2.9% |
| Current assets29/58 | €141k | €73k | €86k | €146k | €64k | ▼ 56.0% |
| Amounts receivable within one year40/41 | €91k | €57k | €61k | €51k | €44k | ▼ 12.8% |
| Trade receivables40 | €56k | €10k | €6k | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | €35k | €47k | €55k | €44k | €44k | = |
| Cash at bank and in hand54/58 | €51k | €17k | €20k | €91k | €16k | ▼ 82.2% |
| Deferred charges and accrued income490/1 | €0 | - | €4k | €4k | €4k | ▼ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.33M | €2.70M | €2.78M | €3.18M | €4.75M | ▲ 49.1% |
| Equity10/15 | €558k | €391k | €299k | €233k | €1.32M | ▲ 465% |
| Contributions10/11 | €519k | €519k | €519k | €519k | €519k | = |
| Revaluation surpluses12 | - | - | - | - | €1.24M | - |
| Reserves13 | €52k | €52k | €52k | €52k | €52k | = |
| Non-distributable reserves130/1 | €52k | €52k | €0 | - | - | - |
| Reserves not available under the articles1311 | €52k | €52k | €0 | - | - | - |
| Distributable reserves133 | - | - | €52k | €52k | €52k | = |
| Profit (loss) carried forward14 | €-13k | €-180k | €-272k | €-337k | €-496k | ▼ 47.0% |
| Amounts payable17/49 | €1.77M | €2.31M | €2.48M | €2.95M | €3.43M | ▲ 16.2% |
| Amounts payable after more than one year17 | €828k | €712k | €600k | €867k | €757k | ▼ 12.7% |
| Financial debts170/4 | €828k | €712k | €600k | €867k | €757k | ▼ 12.7% |
| Amounts payable within one year42/48 | €940k | €1.59M | €1.88M | €2.08M | €2.67M | ▲ 28.3% |
| Current portion of amounts payable after more than one year42 | €115k | €117k | €112k | €108k | €110k | ▲ 1.4% |
| Financial debts43 | €100k | €100k | €100k | €356k | €799k | ▲ 125% |
| Credit institutions430/8 | €100k | €100k | €100k | €356k | €799k | ▲ 125% |
| Trade debts44 | €40k | €31k | €24k | €9k | €127k | ▲ 1,269% |
| Suppliers440/4 | €40k | €31k | €24k | €9k | €127k | ▲ 1,269% |
| Advances received on contracts in progress46 | €1k | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €1k | €4k | €8k | €11k | €5k | ▼ 54.9% |
| Taxes450/3 | €1k | €4k | €8k | €11k | €5k | ▼ 54.9% |
| Remuneration and social security454/9 | €166 | €498 | €0 | - | - | - |
| Other amounts payable47/48 | €682k | €1.34M | €1.63M | €1.60M | €1.63M | ▲ 2.0% |
| Accrued charges and deferred income492/3 | €2k | €0 | €1k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-122k | €-167k | €-92k | €-66k | €-159k | ▼ 142% |
| + Depreciation and write-downs630 | €94k | €158k | €121k | €124k | €137k | ▲ 10.3% |
| Operating cash flow (approximation) | €-28k | €-9k | €29k | €58k | €-22k | ▼ 138% |
| Investment in fixed assets (approximation) | - | €-594k | €-189k | €-472k | €-1.78M | ▼ 277% |
| Change in cash | - | €-34k | €4k | €71k | €-75k | ▼ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €1MEq €1.32M ▲465%
Equity rises from €233k to €1.32M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-167k
Net result drops to €-167k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2007
Ground area
3,230 m²
Building footprint
424 m²
Volume, LiDAR
3,863 m³
Parcel 31332E1011/00B000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Immo Kevjernic
since 20072.166.792.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E1011/00B000 | Flanders | 3,230 m² | 1 · 424 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 3,579 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.