IMMO-MANAGEMENT
ActiveSummary
IMMO-MANAGEMENT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-122k) and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▲+16
Solvency3=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.22 in 2023; short-term debt: 9.2% and cash: 1.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-22.4%
Return on assets
5.2%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 19356 sector peers (2024).
NBB · sector comparisonPosition among 19356 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
2 d early
2022
11 d late
2021
1 d late
2020
19 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-122k▲ 18.7%
2023 · €-151k
Total assets
€546k▼ 19.7%
2023 · €679k
Net result
€28k▲ 278%
2023 · €7k
Working capital
€-39k▲ 6.2%
2023 · €-41k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-12k€-82k▼ 604%€-68k▲ 16.5%€20k€40k▲ 102%
Net result€-14k€-90k▼ 556%€-81k▲ 10.1%€7k€28k▲ 278%
Equity€14k▼ 50.5%€-77k€-158k▼ 106%€-151k▲ 4.7%€-122k▲ 18.7%
Total assets€171k▲ 298%€457k▲ 167%€747k▲ 63.4%€679k▼ 9.0%€546k▼ 19.7%
Debt€158k▲ 900%€534k▲ 238%€905k▲ 69.5%€830k▼ 8.3%€668k▼ 19.5%
Working capital€-18k€-402k▼ 2,122%€-694k▼ 72.7%€-41k▲ 94.0%€-39k▲ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 102% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €546k
Fixed assets
€534k ▼ 20.0%
Current assets
€11k ▼ 3.5%
Key figures and ratios
EBITDA
€61k▲
2023 · €45k
Cash flow
€49k▲
2023 · €32k
Solvency
-22.4%▼
2023 · -22.2%
Current ratio
0.23▲
2023 · 0.22
Debt to equity
-5.45▲
2023 · -5.51
ROA
5.2%▲
2023 · 1.1%
Interest coverage
4.94▲
2023 · 3.57
Debt ≤ 1 year
€50k▼
2023 · €53k
Debt > 1 year
€618k▼
2023 · €775k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €202 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €5k | €20k | €25k | €21k | ▼ 15.8% |
| Other operating charges640/8 | - | €44k | €48k | €746 | €10k | ▲ 1,212% |
| Gross operating margin9900 | €14k | €-33k | €412 | €46k | €71k | ▲ 55.6% |
| Operating profit (loss)9901 | €-12k | €-82k | €-68k | €20k | €40k | ▲ 102% |
| Financial income75/76B | - | €552 | €0 | €67 | €267 | ▲ 300% |
| Recurring financial income75 | €71 | €552 | €0 | €67 | €267 | ▲ 300% |
| Financial charges65/66B | - | €9k | €13k | €13k | €12k | ▼ 1.4% |
| Recurring financial charges65 | €2k | €9k | €13k | €13k | €12k | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €-14k | €-90k | €-81k | €7k | €28k | ▲ 278% |
| Income taxes67/77 | - | €450 | - | - | - | - |
| Profit (loss) for the period9904 | €-14k | €-90k | €-81k | €7k | €28k | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €-90k | €-81k | €7k | €28k | ▲ 278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171k | €457k | €747k | €679k | €546k | ▼ 19.7% |
| Fixed assets21/28 | €151k | €438k | €690k | €667k | €534k | ▼ 20.0% |
| Tangible fixed assets22/27 | €151k | €437k | €689k | €666k | €534k | ▼ 19.8% |
| Land and buildings22 | - | €146k | €689k | €666k | €534k | ▼ 19.8% |
| Furniture and vehicles24 | - | €954 | €498 | €166 | - | - |
| Assets under construction and advance payments27 | - | €291k | - | - | - | - |
| Financial fixed assets28 | €210 | €1k | €1k | €1k | - | - |
| Current assets29/58 | €21k | €19k | €56k | €12k | €11k | ▼ 3.5% |
| Amounts receivable within one year40/41 | €4k | €2k | €50k | €8k | €5k | ▼ 38.2% |
| Trade receivables40 | - | €8 | €48k | €8k | €4k | ▼ 44.8% |
| Other amounts receivable41 | - | €2k | €2k | €321 | €707 | ▲ 120% |
| Cash at bank and in hand54/58 | €16k | €16k | €7k | €4k | €6k | ▲ 67.0% |
| Deferred charges and accrued income490/1 | - | €1k | €161 | - | €23 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171k | €457k | €747k | €679k | €546k | ▼ 19.7% |
| Equity10/15 | €14k | €-77k | €-158k | €-151k | €-122k | ▲ 18.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €9k | €9k | €9k | €9k | €9k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €7k | €7k | €7k | €7k | = |
| Profit (loss) carried forward14 | €-14k | €-104k | €-185k | €-178k | €-150k | ▲ 15.9% |
| Amounts payable17/49 | €158k | €534k | €905k | €830k | €668k | ▼ 19.5% |
| Amounts payable after more than one year17 | €118k | €113k | €153k | €775k | €618k | ▼ 20.3% |
| Financial debts170/4 | - | €113k | €153k | €775k | €618k | ▼ 20.3% |
| Amounts payable within one year42/48 | €39k | €420k | €750k | €53k | €50k | ▼ 5.6% |
| Current portion of amounts payable after more than one year42 | - | €384k | €700k | €39k | €33k | ▼ 16.1% |
| Trade debts44 | €8k | €2k | €47k | €7k | €12k | ▲ 55.7% |
| Suppliers440/4 | - | €2k | €47k | €7k | €12k | ▲ 55.7% |
| Taxes, remuneration and social security45 | - | €34k | €2k | €2k | €1k | ▼ 17.8% |
| Taxes450/3 | - | €34k | €2k | €2k | €1k | ▼ 17.8% |
| Other amounts payable47/48 | - | €275 | €653 | €5k | €4k | ▼ 11.3% |
| Accrued charges and deferred income492/3 | - | €645 | €2k | €2k | €3 | ▼ 99.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €-90k | €-81k | €7k | €28k | ▲ 278% |
| + Depreciation and write-downs630 | €3k | €5k | €20k | €25k | €21k | ▼ 15.8% |
| Operating cash flow (approximation) | €-11k | €-86k | €-61k | €32k | €49k | ▲ 51.8% |
| Investment in fixed assets (approximation) | - | €-292k | €-272k | €-2k | €112k | ▲ 5,016% |
| Change in cash | - | €-814 | €-9k | €-3k | €3k | ▲ 191% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €42k ▲2,585%
Operating result €54k, net result €42k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.71
Current ratio from 0.93 to 2.71; short-term debt falls from €102k to €16k.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Beaumont · 1 establishment unit since 2011
Ground area
810 m²
Building footprint
112 m²
Volume, LiDAR
696 m³
Parcel 56004D0015/00H000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Grottes(BAR) 15, 6500 Beaumont
since 20112.203.346.090
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56004D0015/00H000 | Wallonia | 810 m² | 1 · 112 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 3,499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
info@immo-management.be
Scores and ratios are computed by Checked and are not a credit decision.