IMMO LABB
ActiveSummary
IMMO LABB has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,239) and a net result of €23,380. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency20▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.19 in 2024; short-term debt: 72.6% and cash: 14.6% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.6%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 14462 sector peers (2025).
NBB · sector comparisonPosition among 14462 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
24 d late
2024
20 d late
2023
1 d early
2022
5 d early
2021
19 d late
2020
25 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
-€22,239▲ 51.2%
2024 · -€45,619
Total assets
€483,707▲ 0.1%
2024 · €482,993
Net result
€23,380▲ 14.8%
2024 · €20,359
Working capital
-€259,713▲ 7.9%
2024 · -€282,098
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€853▲ 82.1%€7,913€9,571▲ 21.0%€23,140▲ 142%€26,068▲ 12.6%
Net result-€4,795within the sector's middle half▲ 46.8%€4,512within the sector's middle half€6,477within the sector's middle half▲ 43.6%€20,359within the sector's middle half▲ 214%€23,380within the sector's middle half▲ 14.8%
Equity-€76,967below the sector's middle half▼ 6.6%-€72,455below the sector's middle half▲ 5.9%-€65,978below the sector's middle half▲ 8.9%-€45,619below the sector's middle half▲ 30.9%-€22,239below the sector's middle half▲ 51.2%
Total assets€516,723within the sector's middle half▼ 4.8%€499,770within the sector's middle half▼ 3.3%€484,639within the sector's middle half▼ 3.0%€482,993within the sector's middle half▼ 0.3%€483,707within the sector's middle half▲ 0.1%
Debt€593,690▼ 3.5%€572,226▼ 3.6%€550,617▼ 3.8%€528,612▼ 4.0%€505,946▼ 4.3%
Working capital-€282,703below the sector's middle half▼ 7.4%-€295,812below the sector's middle half▼ 4.6%-€301,638below the sector's middle half▼ 2.0%-€282,098below the sector's middle half▲ 6.5%-€259,713below the sector's middle half▲ 7.9%
Solvency-14.9%below the sector's middle half▼ 1.6pp-14.5%below the sector's middle half▲ 0.4pp-13.6%below the sector's middle half▲ 0.9pp-9.4%below the sector's middle half▲ 4.2pp-4.6%below the sector's middle half▲ 4.8pp
Current ratio0.07below the sector's middle half▲ 0.020.10below the sector's middle half▲ 0.030.13below the sector's middle half▲ 0.030.19below the sector's middle half▲ 0.060.26below the sector's middle half▲ 0.07
Return on assets (ROA)-0.9%within the sector's middle half▲ 0.7pp0.9%within the sector's middle half▲ 1.8pp1.3%within the sector's middle half▲ 0.4pp4.2%within the sector's middle half▲ 2.9pp4.8%within the sector's middle half▲ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483,707
Fixed assets
€392,363 ▼ 5.6%
Current assets
€91,344 ▲ 35.6%
Equity and liabilities
Equity-€22,239
Debt€505,946
Equity is negative: debt (€505,946) exceeds the balance-sheet total (€483,707).
Key figures and ratios
EBITDA
€49,333▲
2024 · €46,255
Cash flow
€46,645▲
2024 · €43,473
Interest coverage
18.36▲
2024 · 15.33
Debt ≤ 1 year
€351,057▲
2024 · €349,463
Debt > 1 year
€154,889▼
2024 · €179,149
Staff costs
€4,639▲
2024 · €4,632
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €235 | - | - | - | €235 | - |
| Remuneration, social security and pensions62 | €4,632 | €4,632 | €4,632 | €4,632 | €4,639 | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,252 | €29,672 | €27,298 | €23,114 | €23,265 | ▲ 0.7% |
| Other operating charges640/8 | €2,233 | €2,280 | €2,552 | €2,591 | €2,672 | ▲ 3.1% |
| Gross operating margin9900 | €38,264 | €44,496 | €44,053 | €53,477 | €56,643 | ▲ 5.9% |
| Operating profit (loss)9901 | -€853 | €7,913 | €9,571 | €23,140 | €26,068 | ▲ 12.6% |
| Financial income75/76B | - | €235 | €235 | €235 | - | - |
| Recurring financial income75 | - | €235 | €0 | €235 | - | - |
| Non-recurring financial income76B | - | €235 | €235 | €235 | - | - |
| Financial charges65/66B | €3,942 | €3,637 | €3,329 | €3,017 | €2,688 | ▼ 10.9% |
| Recurring financial charges65 | €3,942 | €3,637 | €3,329 | €3,017 | €2,688 | ▼ 10.9% |
| Profit (loss) for the period before taxes9903 | -€4,795 | €4,512 | €6,477 | €20,359 | €23,380 | ▲ 14.8% |
| Profit (loss) for the period9904 | -€4,795 | €4,512 | €6,477 | €20,359 | €23,380 | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | -€4,795 | €4,512 | €6,477 | €20,359 | €23,380 | ▲ 14.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €516,723 | €499,770 | €484,639 | €482,993 | €483,707 | ▲ 0.1% |
| Fixed assets21/28 | €495,712 | €466,040 | €438,742 | €415,628 | €392,363 | ▼ 5.6% |
| Tangible fixed assets22/27 | €495,712 | €466,040 | €438,742 | €415,628 | €392,363 | ▼ 5.6% |
| Land and buildings22 | €495,712 | €466,040 | €438,742 | €415,628 | €392,363 | ▼ 5.6% |
| Current assets29/58 | €21,011 | €33,730 | €45,897 | €67,365 | €91,344 | ▲ 35.6% |
| Amounts receivable within one year40/41 | €211 | €435 | €644 | €650 | €354 | ▼ 45.5% |
| Trade receivables40 | - | - | €254 | €363 | €109 | ▼ 69.9% |
| Other amounts receivable41 | €211 | €435 | €391 | €287 | €245 | ▼ 14.6% |
| Cash at bank and in hand54/58 | €20,801 | €24,874 | €36,341 | €49,143 | €70,671 | ▲ 43.8% |
| Deferred charges and accrued income490/1 | - | €8,421 | €8,911 | €17,572 | €20,318 | ▲ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €516,723 | €499,770 | €484,639 | €482,993 | €483,707 | ▲ 0.1% |
| Equity10/15 | -€76,967 | -€72,455 | -€65,978 | -€45,619 | -€22,239 | ▲ 51.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€83,167 | -€78,655 | -€72,178 | -€51,819 | -€28,439 | ▲ 45.1% |
| Amounts payable17/49 | €593,690 | €572,226 | €550,617 | €528,612 | €505,946 | ▼ 4.3% |
| Amounts payable after more than one year17 | €289,975 | €242,683 | €203,082 | €179,149 | €154,889 | ▼ 13.5% |
| Financial debts170/4 | €249,975 | €226,683 | €203,082 | €179,149 | €154,889 | ▼ 13.5% |
| Other amounts payable178/9 | €40,000 | €16,000 | - | - | - | - |
| Amounts payable within one year42/48 | €303,715 | €329,542 | €347,535 | €349,463 | €351,057 | ▲ 0.5% |
| Current portion of amounts payable after more than one year42 | €22,978 | €23,292 | €23,602 | €23,933 | €24,260 | ▲ 1.4% |
| Trade debts44 | - | €1 | €172 | €257 | €5 | ▼ 98.1% |
| Suppliers440/4 | - | €1 | €172 | €257 | €5 | ▼ 98.1% |
| Taxes, remuneration and social security45 | €3,701 | €3,701 | €3,701 | €3,694 | €3,701 | ▲ 0.2% |
| Taxes450/3 | €1,441 | €1,441 | €1,441 | €1,441 | €1,441 | = |
| Remuneration and social security454/9 | €2,260 | €2,260 | €2,260 | €2,253 | €2,260 | ▲ 0.3% |
| Other amounts payable47/48 | €277,036 | €302,548 | €320,060 | €321,579 | €323,091 | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,795 | €4,512 | €6,477 | €20,359 | €23,380 | ▲ 14.8% |
| + Depreciation and write-downs630 | €32,252 | €29,672 | €27,298 | €23,114 | €23,265 | ▲ 0.7% |
| Operating cash flow (approximation) | €27,456 | €34,183 | €33,775 | €43,473 | €46,645 | ▲ 7.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €4,073 | €11,467 | €12,802 | €21,528 | ▲ 68.2% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €23,380 ▲14.8%
Operating result €26,068, net result €23,380, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,512
Net result €4,512 after 4 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Weakest financial yearnet -€13,822
Net result drops to -€13,822, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Flémalle
Ground area
613 m²
Building footprint
89 m²
Parcel 62083C0087/00X000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62083C0087/00X000 | Wallonia | 613 m² | 1 · 89 m² | - |
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,040 companies in this sector we hold annual accounts for 6,007. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671877329
Also
9925:BE0671877329
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.