IMMO "M"
ActiveSummary
IMMO "M" has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€7,317) and a net result of -€8,495. Equity is shrinking by ~35.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
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Signals
This company filed its last 6 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,291 | €10,291 | €10,291 | €10,291 | €11,371 | ▲ 10.5% |
| Other operating charges640/8 | - | €2,491 | €2,647 | €2,916 | €3,055 | ▲ 4.8% |
| Gross operating margin9900 | €8,809 | €9,029 | €6,034 | €6,083 | €5,931 | ▼ 2.5% |
| Operating profit (loss)9901 | -€3,956 | -€3,753 | -€6,905 | -€7,124 | -€8,495 | ▼ 19.3% |
| Financial charges65/66B | - | €67 | €69 | €69 | - | - |
| Recurring financial charges65 | €60 | €67 | €69 | €69 | - | - |
| Profit (loss) for the period before taxes9903 | -€4,016 | -€3,820 | -€6,974 | -€7,193 | -€8,495 | ▼ 18.1% |
| Profit (loss) for the period9904 | -€4,016 | -€3,820 | -€6,974 | -€7,193 | -€8,495 | ▼ 18.1% |
| Profit (loss) for the period to be appropriated9905 | -€4,016 | -€3,820 | -€6,974 | -€7,193 | -€8,495 | ▼ 18.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €281,347 | €277,528 | €271,504 | €263,632 | €264,917 | ▲ 0.5% |
| Fixed assets21/28 | €261,885 | €251,594 | €241,303 | €231,013 | €257,187 | ▲ 11.3% |
| Tangible fixed assets22/27 | €261,885 | €251,594 | €241,303 | €231,013 | €257,187 | ▲ 11.3% |
| Land and buildings22 | - | €251,594 | €241,303 | €231,013 | €257,187 | ▲ 11.3% |
| Current assets29/58 | €19,463 | €25,934 | €30,201 | €32,619 | €7,730 | ▼ 76.3% |
| Amounts receivable within one year40/41 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €19,463 | €25,934 | €30,201 | €32,619 | €7,730 | ▼ 76.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €281,347 | €277,528 | €271,504 | €263,632 | €264,917 | ▲ 0.5% |
| Equity10/15 | €19,164 | €15,344 | €8,371 | €1,178 | -€7,317 | ▼ 721% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Issued capital100 | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Reserves13 | €371 | €371 | €371 | €371 | €371 | = |
| Non-distributable reserves130/1 | - | €371 | €371 | €371 | €371 | = |
| Legal reserve130 | - | €371 | €371 | €371 | €371 | = |
| Profit (loss) carried forward14 | -€61,207 | -€65,026 | -€72,000 | -€79,192 | -€87,688 | ▼ 10.7% |
| Amounts payable17/49 | €262,183 | €262,183 | €263,133 | €262,454 | €272,234 | ▲ 3.7% |
| Amounts payable within one year42/48 | €262,183 | €262,183 | €262,183 | €262,454 | €272,168 | ▲ 3.7% |
| Trade debts44 | - | - | - | €270 | €534 | ▲ 97.3% |
| Suppliers440/4 | - | - | - | €270 | €534 | ▲ 97.3% |
| Other amounts payable47/48 | - | €262,183 | €262,183 | €262,183 | €271,634 | ▲ 3.6% |
| Accrued charges and deferred income492/3 | - | - | €950 | - | €66 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,016 | -€3,820 | -€6,974 | -€7,193 | -€8,495 | ▼ 18.1% |
| + Depreciation and write-downs630 | €10,291 | €10,291 | €10,291 | €10,291 | €11,371 | ▲ 10.5% |
| Operating cash flow (approximation) | €6,274 | €6,471 | €3,317 | €3,098 | €2,876 | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€37,545 | - |
| Change in cash | - | €6,471 | €4,267 | €2,418 | -€24,889 | ▼ 1,129% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015A0385/00B000 | Flanders | 187 m² | 1 · 151 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.