IMMO LIZEE
ActiveSummary
IMMO LIZEE has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €7k. Equity is growing by ~93.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-12
Solvency40▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.76 in 2023; short-term debt: 38.8% and cash: 4.6% of total assets), and 84.9% 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+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
181 d late
2022
71 d late
2021
134 d late
2020
76 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€67k▲ 12.4%
2023 · €60k
2018: €-798
2019: €-11k▼ -1254% vs 2018lowest in 7 years
2020: €-2k▲ +82.2% vs 2019
2021: €17k▲ +968% vs 2020
2022: €34k▲ +103% vs 2021
2023: €60k▲ +76.8% vs 2022
2024: €67k▲ +12.4% vs 2023highest in 7 years
2018 → 2024
Total assets
€445k▼ 9.9%
2023 · €494k
2018: €637khighest in 7 years
2019: €590k▼ -7.4% vs 2018
2020: €554k▼ -6.1% vs 2019
2021: €529k▼ -4.5% vs 2020
2022: €511k▼ -3.4% vs 2021
2023: €494k▼ -3.3% vs 2022
2024: €445k▼ -9.9% vs 2023lowest in 7 years
2018 → 2024
Net result
€7k▼ 71.5%
2023 · €26k
2018: €4k
2019: €-10k▼ -365% vs 2018lowest in 7 years
2020: €9k▲ +189% vs 2019
2021: €19k▲ +109% vs 2020
2022: €17k▼ -7.5% vs 2021
2023: €26k▲ +51.3% vs 2022highest in 7 years
2024: €7k▼ -71.5% vs 2023
2018 → 2024
Working capital
€-79k▼ 118%
2023 · €-36k
2018: €-12k
2019: €-31k▼ -153% vs 2018
2020: €-32k▼ -4.1% vs 2019
2021: €-619▲ +98.1% vs 2020highest in 7 years
2022: €-13k▼ -2055% vs 2021
2023: €-36k▼ -171% vs 2022
2024: €-79k▼ -118% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€17k€34k▲ 103%€60k▲ 76.8%€67k▲ 12.4%
2020: €-2klowest in 5 years
2021: €17k▲ +968% vs 2020
2022: €34k▲ +103% vs 2021
2023: €60k▲ +76.8% vs 2022
2024: €67k▲ +12.4% vs 2023highest in 5 years
Operating result€23k-€67k▲ 190%€49k▼ 27.1%€57k▲ 17.7%€30k▼ 47.1%
2020: €23klowest in 5 years
2021: €67k▲ +190% vs 2020highest in 5 years
2022: €49k▼ -27.1% vs 2021
2023: €57k▲ +17.7% vs 2022
2024: €30k▼ -47.1% vs 2023
Net result€9k-€19k▲ 109%€17k▼ 7.5%€26k▲ 51.3%€7k▼ 71.5%
2020: €9k
2021: €19k▲ +109% vs 2020
2022: €17k▼ -7.5% vs 2021
2023: €26k▲ +51.3% vs 2022highest in 5 years
2024: €7k▼ -71.5% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €445k
Fixed assets
€351k ▼ 7.1%
Current assets
€94k ▼ 18.8%
Equity and liabilities €445k
Equity
€67k ▲ 12.4%
Debt
€378k ▼ 12.9%
Debt's share of the balance-sheet total falls from 87.9% to 84.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k▼
2023 · €85k
Cash flow
€34k▼
2023 · €53k
Current ratio
0.54▼
2023 · 0.76
Debt to equity
5.62▼
2023 · 7.25
ROE
11.0%▼
2023 · 43.4%
ROA
1.7%▼
2023 · 5.3%
Interest coverage
3.05▼
2023 · 3.93
Debt ≤ 1 year
€173k▲
2023 · €152k
Debt > 1 year
€205k▼
2023 · €282k
Income taxes
€4k▼
2023 · €10k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€494k€445k▼
Fixed assets21/28€378k€351k▼
Tangible fixed assets22/27€378k€351k▼
Land and buildings22€353k€334k▼
Plant, machinery and equipment23€25k€18k▼
Current assets29/58€115k€94k▼
Amounts receivable within one year40/41€95k€73k▼
Other amounts receivable41€95k€73k▼
Cash at bank and in hand54/58€21k€21k=
Deferred charges and accrued income490/1€180-
Equity and liabilities
Total equity and liabilities10/49€494k€445k▼
Equity10/15€60k€67k▲
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€29k€37k▲
Amounts payable17/49€434k€378k▼
Amounts payable after more than one year17€282k€205k▼
Financial debts170/4€282k€205k▼
Amounts payable within one year42/48€152k€173k▲
Current portion of amounts payable after more than one year42€82k€98k▲
Financial debts43€15k€13k▼
Credit institutions430/8€15k€13k▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€17k€14k▼
Taxes450/3€17k€14k▼
Other amounts payable47/48€34k€44k▲
Accrued charges and deferred income492/3€384-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€89k€62k▼
Operating profit (loss)9901€57k€30k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€22k€19k▼
Recurring financial charges65€22k€19k▼
Profit (loss) for the period before taxes9903€36k€12k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€26k€7k▼
Profit (loss) for the period to be appropriated9905€26k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€37k▲
Profit (loss) brought forward from the previous period14P€3k€29k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49k | €36k | €28k | €27k | €27k | ▼ 2.0% |
| Other operating charges640/8 | - | €4k | €5k | €4k | €5k | ▲ 12.5% |
| Gross operating margin9900 | €76k | €106k | €82k | €89k | €62k | ▼ 30.4% |
| Operating profit (loss)9901 | €23k | €67k | €49k | €57k | €30k | ▼ 47.1% |
| Financial income75/76B | - | €2k | - | €3 | €0 | ▼ 85.7% |
| Recurring financial income75 | - | €2k | - | €3 | €0 | ▼ 85.7% |
| Financial charges65/66B | - | €46k | €25k | €22k | €19k | ▼ 12.9% |
| Recurring financial charges65 | €14k | €46k | €25k | €22k | €19k | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | €9k | €22k | €24k | €36k | €12k | ▼ 67.8% |
| Income taxes67/77 | - | €4k | €7k | €10k | €4k | ▼ 57.8% |
| Profit (loss) for the period9904 | €9k | €19k | €17k | €26k | €7k | ▼ 71.5% |
| Profit (loss) for the period to be appropriated9905 | €9k | €19k | €17k | €26k | €7k | ▼ 71.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €554k | €529k | €511k | €494k | €445k | ▼ 9.9% |
| Fixed assets21/28 | €470k | €434k | €406k | €378k | €351k | ▼ 7.1% |
| Tangible fixed assets22/27 | €470k | €434k | €406k | €378k | €351k | ▼ 7.1% |
| Land and buildings22 | - | €393k | €373k | €353k | €334k | ▼ 5.6% |
| Plant, machinery and equipment23 | - | €41k | €33k | €25k | €18k | ▼ 29.0% |
| Current assets29/58 | €84k | €94k | €105k | €115k | €94k | ▼ 18.8% |
| Amounts receivable within one year40/41 | €62k | €72k | €84k | €95k | €73k | ▼ 22.8% |
| Other amounts receivable41 | - | €72k | €84k | €95k | €73k | ▼ 22.8% |
| Cash at bank and in hand54/58 | €21k | €21k | €21k | €21k | €21k | = |
| Deferred charges and accrued income490/1 | - | €2k | €941 | €180 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €554k | €529k | €511k | €494k | €445k | ▼ 9.9% |
| Equity10/15 | €-2k | €17k | €34k | €60k | €67k | ▲ 12.4% |
| Contributions10/11 | - | €19k | €19k | - | - | - |
| Reserves13 | €12k | €12k | €12k | €30k | €30k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €10k | €10k | €30k | €30k | = |
| Profit (loss) carried forward14 | €-32k | €-14k | €3k | €29k | €37k | ▲ 25.2% |
| Amounts payable17/49 | €556k | €512k | €477k | €434k | €378k | ▼ 12.9% |
| Amounts payable after more than one year17 | €440k | €417k | €359k | €282k | €205k | ▼ 27.2% |
| Financial debts170/4 | - | €417k | €359k | €282k | €205k | ▼ 27.2% |
| Amounts payable within one year42/48 | €116k | €95k | €118k | €152k | €173k | ▲ 13.8% |
| Current portion of amounts payable after more than one year42 | - | €58k | €58k | €82k | €98k | ▲ 19.5% |
| Financial debts43 | - | €14k | €15k | €15k | €13k | ▼ 14.4% |
| Credit institutions430/8 | - | €14k | €15k | €15k | €13k | ▼ 14.4% |
| Trade debts44 | €5k | €4k | €3k | €4k | €4k | ▲ 3.1% |
| Suppliers440/4 | - | €4k | €3k | €4k | €4k | ▲ 3.1% |
| Taxes, remuneration and social security45 | - | €4k | €11k | €17k | €14k | ▼ 15.9% |
| Taxes450/3 | - | €4k | €11k | €17k | €14k | ▼ 15.9% |
| Other amounts payable47/48 | - | €15k | €31k | €34k | €44k | ▲ 27.9% |
| Accrued charges and deferred income492/3 | - | - | - | €384 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €19k | €17k | €26k | €7k | ▼ 71.5% |
| + Depreciation and write-downs630 | €49k | €36k | €28k | €27k | €27k | ▼ 2.0% |
| Operating cash flow (approximation) | €58k | €54k | €46k | €53k | €34k | ▼ 35.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €0 | €0 | - |
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
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 181 days late
2023
31-12
Financial
Highest result since 2018net €26k ▲51.3%
Net result €26k, the highest in the series.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 134 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 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
2 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, Braine-le-Comte · 1 establishment unit since 1980
Ground area
3,080 m²
Building footprint
303 m²
Volume, LiDAR
1,018 m³
2 parcels, Brussels, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO LIZEE
since 19802.017.743.916
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55016B0531/00P002 | Wallonia | 2,386 m² | 1 · 188 m² | - |
| 21018B0119/00G010 | Brussels | 694 m² | 1 · 114 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded02-02-1970
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.