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IMMO LAFORCE

Active
Public limited companyfounded 2001active for 25 yearsVosseslag 20, 8420 De Haan, BelgiumKBO/BCE: BE 0474.022.172
Summary

IMMO LAFORCE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€3,297. Equity is shrinking by about 3% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €390,000
Estimated: probably between €260,000 and €600,000
Total assets
€3.5m▼ 4.0%
2024 · €3.7m
Net result
-€3,297
2024 · €143,880
Working capital
€1.1m▼ 23.2%
2024 · €1.4m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €122,127 after €136,501 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.1m 2025 Net result-€0.003m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.09m--€0.06m▲ 27.5%-€0.1m▼ 106%-€0.1m▼ 0.3%€0.05m€0.1m▲ 160%-€0.1m
Net result-€0.2m--€0.1m▲ 33.2%-€0.2m▼ 20.5%-€0.2m▲ 12.4%€0.002m€0.1m▲ 71×-€0.003m
Equity€2.0m-€1.9m▼ 7.3%€1.7m▼ 9.5%€1.5m▼ 9.1%€1.5m▲ 0.1%€1.7m▲ 9.3%€1.7m▼ 0.2%
Total assets€4.9m-€4.6m▼ 7.8%€4.3m▼ 5.2%€4.0m▼ 7.2%€3.7m▼ 8.6%€3.7m▲ 0.1%€3.5m▼ 4.0%
Debt€2.9m-€2.7m▼ 8.2%€2.6m▼ 2.3%€2.5m▼ 6.0%€2.1m▼ 14.1%€2.0m▼ 6.7%€1.8m▼ 7.3%
Working capital€1.9m-€1.8m▼ 4.8%€1.6m▼ 13.8%€1.4m▼ 10.9%€1.4m▼ 2.2%€1.4m▲ 3.8%€1.1m▼ 23.2%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets €1.8m ▼ 8.4%
Current assets €1.8m ▲ 0.8%
Equity and liabilities €3.5m
Equity €1.7m ▼ 0.2%
Debt €1.8m ▼ 7.3%
Debt's share of the balance-sheet total falls from 53.7% to 51.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€114,068▼
2024 · €368,489
Cash flow
€232,899▼
2024 · €375,868
Current ratio
2.64▼
2024 · 5.42
Debt to equity
1.08▼
2024 · 1.16
ROE
-0.2%▼
2024 · 8.5%
ROA
-0.1%▼
2024 · 3.9%
Interest coverage
1.23▼
2024 · 3.33
Debt ≤ 1 year
€666,415▲
2024 · €322,782
Debt > 1 year
€1.1m▼
2024 · €1.6m
Income taxes
€300▲
2024 · €51
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% 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 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.7m€3.5m▼
Fixed assets21/28€1.9m€1.8m▼
Tangible fixed assets22/27€1.9m€1.8m▼
Land and buildings22€1.8m€1.7m▼
Furniture and vehicles24€0.1m€0.08m▼
Financial fixed assets28€250€250=
Current assets29/58€1.7m€1.8m▲
Amounts receivable within one year40/41€0.4m€0.6m▲
Trade receivables40€0.007m€116▼
Other amounts receivable41€0.4m€0.6m▲
Current investments50/53€1.3m€1.2m▼
Cash at bank and in hand54/58€0.02m€0.03m▲
Deferred charges and accrued income490/1€0.02m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€3.7m€3.5m▼
Equity10/15€1.7m€1.7m▼
Contributions10/11€2.6m€2.6m=
Capital10€2.6m€2.6m=
Issued capital100€2.6m€2.6m=
Reserves13€0.004m€0.004m=
Non-distributable reserves130/1€0.004m€0.004m=
Legal reserve130€0.004m€0.004m=
Profit (loss) carried forward14-€0.9m-€0.9m▼
Amounts payable17/49€2.0m€1.8m▼
Amounts payable after more than one year17€1.6m€1.1m▼
Financial debts170/4€1.6m€1.1m▼
Amounts payable within one year42/48€0.3m€0.7m▲
Current portion of amounts payable after more than one year42€0.3m€0.6m▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€0.01m€0.09m▲
Suppliers440/4€0.01m€0.09m▲
Advances received on contracts in progress46€0.009m€0▼
Other amounts payable47/48€0.008m€0.008m=
Accrued charges and deferred income492/3€0.02m€0.02m▲
Income statement Code20242025
Non-recurring operating income76A€0.2m€0.009m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.04m€0.04m▲
Gross operating margin9900€0.4m€0.2m▼
Operating profit (loss)9901€0.1m-€0.1m▼
Financial income75/76B€0.1m€0.2m▲
Recurring financial income75€0.1m€0.2m▲
Financial charges65/66B€0.1m€0.09m▼
Recurring financial charges65€0.1m€0.09m▼
Profit (loss) for the period before taxes9903€0.1m-€0.003m▼
Income taxes67/77€51€300▲
Profit (loss) for the period9904€0.1m-€0.003m▼
Profit (loss) for the period to be appropriated9905€0.1m-€0.003m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.9m-€0.9m▼
Profit (loss) brought forward from the previous period14P-€1.0m-€0.9m▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€113,205€231,746€8,515▼ 96.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€308,981€264,863€266,958€260,545€241,866€231,988€236,196▲ 1.8%
Other operating charges640/8---€25,604€31,669€39,733€42,477▲ 6.9%
Gross operating margin9900€235,571€223,914€161,348€153,406€326,032€408,222€156,545▼ 61.7%
Operating profit (loss)9901-€88,768-€64,367-€132,394-€132,743€52,497€136,501-€122,127-
Financial income75/76B---€89,219€64,134€118,193€211,908▲ 79.3%
Recurring financial income75€17,103€59,618€63,180€89,219€64,134€118,193€211,908▲ 79.3%
Financial charges65/66B---€112,328€114,597€110,763€92,778▼ 16.2%
Recurring financial charges65€149,221€142,850€108,653€112,328€114,597€110,763€92,778▼ 16.2%
Profit (loss) for the period before taxes9903-€220,886-€147,598-€177,867-€155,851€2,034€143,931-€2,997-
Income taxes67/77-----€51€300▲ 490%
Profit (loss) for the period9904-€220,886-€147,598-€177,867-€155,851€2,034€143,880-€3,297-
Profit (loss) for the period to be appropriated9905-€220,886-€147,598-€177,867-€155,851€2,034€143,880-€3,297-
Line2019202020212022202320242025Change
Assets
Total assets20/58€4.9m€4.6m€4.3m€4.0m€3.7m€3.7m€3.5m▼ 4.0%
Fixed assets21/28€2.8m€2.5m€2.3m€2.1m€1.8m€1.9m€1.8m▼ 8.4%
Tangible fixed assets22/27€2.8m€2.5m€2.3m€2.1m€1.8m€1.9m€1.8m▼ 8.4%
Land and buildings22---€2.1m€1.8m€1.8m€1.7m▼ 7.7%
Furniture and vehicles24-----€0.1m€0.08m▼ 21.0%
Financial fixed assets28€0.001m€0.001m€250€250€250€250€250=
Current assets29/58€2.2m€2.1m€2.0m€1.9m€1.8m€1.7m€1.8m▲ 0.8%
Amounts receivable within one year40/41€0.5m€0.5m€0.5m€0.6m€0.5m€0.4m€0.6m▲ 32.8%
Trade receivables40-----€0.007m€116▼ 98.4%
Other amounts receivable41---€0.6m€0.5m€0.4m€0.6m▲ 35.1%
Current investments50/53€1.6m€1.5m€1.4m€1.3m€1.3m€1.3m€1.2m▼ 11.0%
Cash at bank and in hand54/58€0.08m€0.08m€0.08m€0.02m€0.02m€0.02m€0.03m▲ 51.5%
Deferred charges and accrued income490/1---€0.01m€0.007m€0.02m€0.02m▲ 46.6%
Equity and liabilities
Total equity and liabilities10/49€4.9m€4.6m€4.3m€4.0m€3.7m€3.7m€3.5m▼ 4.0%
Equity10/15€2.0m€1.9m€1.7m€1.5m€1.5m€1.7m€1.7m▼ 0.2%
Contributions10/11€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Capital10---€2.6m€2.6m€2.6m€2.6m=
Issued capital100---€2.6m€2.6m€2.6m€2.6m=
Reserves13€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Non-distributable reserves130/1---€0.004m€0.004m€0.004m€0.004m=
Legal reserve130---€0.004m€0.004m€0.004m€0.004m=
Profit (loss) carried forward14-€0.5m-€0.7m-€0.9m-€1.0m-€1.0m-€0.9m-€0.9m▼ 0.4%
Amounts payable17/49€2.9m€2.7m€2.6m€2.5m€2.1m€2.0m€1.8m▼ 7.3%
Amounts payable after more than one year17€2.6m€2.4m€2.2m€1.9m€1.7m€1.6m€1.1m▼ 30.0%
Financial debts170/4---€1.9m€1.7m€1.6m€1.1m▼ 30.0%
Amounts payable within one year42/48€0.3m€0.3m€0.4m€0.5m€0.4m€0.3m€0.7m▲ 106%
Current portion of amounts payable after more than one year42---€0.3m€0.3m€0.3m€0.6m▲ 94.2%
Financial debts43---€0.3m€0.1m€0--
Credit institutions430/8---€0.3m€0.1m€0--
Trade debts44€0.01m€0.004m€0.04m€0.001m€0.03m€0.01m€0.09m▲ 639%
Suppliers440/4---€0.001m€0.03m€0.01m€0.09m▲ 639%
Advances received on contracts in progress46-----€0.009m€0▼ 100%
Other amounts payable47/48---€0.009m€0.008m€0.008m€0.008m=
Accrued charges and deferred income492/3---€0.01m€0.01m€0.02m€0.02m▲ 5.0%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€220,886-€147,598-€177,867-€155,851€2,034€143,880-€3,297-
+ Depreciation and write-downs630€308,981€264,863€266,958€260,545€241,866€231,988€236,196▲ 1.8%
Operating cash flow (approximation)€88,095€117,265€89,091€104,693€243,900€375,868€232,899▼ 38.0%
Investment in fixed assets (approximation)-€34,358-€110,940-€26,986-€11,699-€307,616-€75,911▲ 75.3%
Change in cash--€3,161-€548-€58,437-€497€5,122€11,236▲ 119%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 29-01-2026 2026-00018237
30-06-2024 micro format 30-01-2025 2025-00016231
30-06-2023 micro format 29-01-2024 2024-00008892
30-06-2022 micro format 31-01-2023 2023-00012398
30-06-2021 micro format 31-01-2022 2022-02900341
30-06-2020 micro format 13-01-2021 2021-00800033
30-06-2019 micro format 14-01-2020 2020-00800066
30-06-2018 micro format 24-01-2019 2019-02000547
30-06-2017 micro format 08-01-2018 2018-00500026
30-06-2016 abbreviated format 19-12-2016 2016-70300286

Show all 24 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.