Equity
IMMO-LAN paid out €113,298 in dividends. That is 140% of the 2025 profit.
IMMO-LAN paid out €113,298 in dividends. That is 140% of the 2025 profit.
The 2019 accounts came 7 days late. The other nine of the last ten were filed on time.
More equity than 90% of companies in head offices and management consultancy. Sector median €78,216 · 39,396 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
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 70, micro). It does better than 34% of them on solvency, 25% on liquidity, 27% on profitability and 32% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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, 6,049 companies had the same profile as IMMO-LAN has now. Each dot stands for 16 companies, two years later.
That fits the bankruptcy probability of IMMO-LAN 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 6,049 companies, not a prediction for IMMO-LAN. 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 insufficient, with a current ratio of 0.43 (0.48 in 2024), below 1. Short-term debt is 33.9% and cash 8.1% of total assets. 65.5% 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 12 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| IMMO-LAN Pajottegem | €1.7m | €215,592 | 34.5% | - |
| DUCHEMIN MGT Halle | €1.7m | €224,673 | 98.4% | - |
| MOUT 4 Diest | €1.8m | €205,342 | 3.5% | - |
| SUPERFARMA Diest | €1.9m | €233,104 | 51.7% | - |
| DS MANAGEMENT Merchtem | €1.6m | €238,762 | 64.6% | - |
| THUISVERPLEGING D'HOYE CAROLINE Affligem | €1.6m | €236,034 | 68.6% | - |
| Itrusd Overijse | €1.7m | €186,859 | 64.8% | - |
These companies have the same main activity as IMMO-LAN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.6m and €1.9m, founded between 2009 and 2011.
IMMO-LAN files the micro format. That format states no turnover. The gross margin rose from €56,963 in 2011 to €215,592 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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