Immo Malpertuus
ActiveImmo Malpertuus has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230k and a net result of €86k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency34▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.09 in 2024; short-term debt: 12.8% and cash: 0.8% of total assets), and 90.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.2%
Return on assets
3.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €230k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 7 filingsDeviation from the deadline
2025
17 d late
2024
28 d late
2023
29 d late
2022
39 d early
2021
32 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€230k▲ 59.8%
2024 · €144k
2020: €307k
2021: €120k
2022: €81k
2023: €65k
2024: €144k
2020 → 2025
Total assets
€2.49M▼ 3.3%
2024 · €2.57M
2020: €1.09M
2021: €1.75M
2022: €1.87M
2023: €2.62M
2024: €2.57M
2020 → 2025
Net result
€86k▲ 9.4%
2024 · €79k
2020: €11k
2021: €-187k
2022: €-40k
2023: €-15k
2024: €79k
2020 → 2025
Working capital
€-298k▲ 8.0%
2024 · €-324k
2020: €-133k
2021: €-215k
2022: €-290k
2023: €-328k
2024: €-324k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€81k▼ 32.9%€65k▼ 19.1%€144k▲ 121%€230k▲ 59.8%
Operating result€-50k-€-2k▲ 96.9%€18k€110k▲ 521%€115k▲ 5.2%
Net result€-187k-€-40k▲ 78.8%€-15k▲ 61.0%€79k€86k▲ 9.4%
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 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.49M
Fixed assets
€2.47M▼ 2.8%
Current assets
€21k▼ 37.6%
Equity and liabilities €2.49M
Equity
€230k▲ 59.8%
Debt
€2.26M▼ 7.0%
The debt ratio falls from 94.4% to 90.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€187k▲
2024 · €181k
Cash flow
€158k▲
2024 · €150k
Solvency
9.2%▲
2024 · 5.6%
Current ratio
0.07▼
2024 · 0.09
Quick ratio
0.07▼
2024 · 0.09
Debt / equity
9.82▼
2024 · 16.87
ROE
37.4%▼
2024 · 54.7%
ROA
3.5%▲
2024 · 3.1%
Interest coverage
6.42▲
2024 · 5.87
Debt
€2.26M▼
2024 · €2.43M
Debt ≤ 1 year
€320k▼
2024 · €358k
Debt > 1 year
€1.94M▼
2024 · €2.07M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.57M€2.49M▼
Fixed assets21/28€2.54M€2.47M▼
Tangible fixed assets22/27€2.54M€2.47M▼
Land and buildings22€2.53M€2.46M▼
Plant, machinery and equipment23€9k€8k▼
Current assets29/58€34k€21k▼
Amounts receivable within one year40/41€622€1k▲
Trade receivables40€622€1k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€33k€20k▼
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.49M▼
Equity10/15€144k€230k▲
Contributions10/11€110k€110k=
Profit (loss) carried forward14€34k€120k▲
Amounts payable17/49€2.43M€2.26M▼
Amounts payable after more than one year17€2.07M€1.94M▼
Financial debts170/4€2.07M€1.94M▼
Amounts payable within one year42/48€358k€320k▼
Current portion of amounts payable after more than one year42€130k€132k▲
Trade debts44-€29
Suppliers440/4-€29
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€223k€183k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€72k▲
Other operating charges640/8€5k€9k▲
Gross operating margin9900€186k€196k▲
Operating profit (loss)9901€110k€115k▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Profit (loss) for the period before taxes9903€79k€86k▲
Profit (loss) for the period9904€79k€86k▲
Profit (loss) for the period to be appropriated9905€79k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€120k▲
Profit (loss) brought forward from the previous period14P€-45k€34k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Highest result since 2020net €86k ▲9.4%
Operating result €115k, net result €86k, both a record.
31-12
Financial
Equity above €200kEq €230k ▲59.8%
2 profitable years in a row build equity to €230k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €79k
Net result €79k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €144k ▲121%
Equity rises from €65k to €144k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-187k ▼1735%
Net result drops to €-187k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Destelbergen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leenstraat(HEU) 29070 DestelbergenGround area
3,784 m²
Building footprint
1,029 m²
Parcel 44028B0467/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Immo Malpertuus
since 20192.291.432.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0467/00M000 | Flanders | 3,783 m² | 1 · 1,029 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KARAKAS GRAPHIC COMMUNICATIONS
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GODSHUIS COMINES
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PANDOX ROYALE
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Helrud Export
BE 0429.584.393
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Immo SWI
BE 0673.735.076
Mons · Eq €230k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2019
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.