IMMO MAREE
ActiveSummary
IMMO MAREE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €248,030 and a net result of €46,955. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+48
Solvency100▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 6.9 against 2.84 in 2023; short-term debt: 10% and cash: 2.6% of total assets), and 23.1% of the assets are financed with debt.
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Signals
Four 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 →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
69 d late
2022
70 d late
2021
11 d late
2020
89 d late
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€330,663
EBIT margin
-0.7%
Net result
€46,955▲ 545%
2023 · €7,277
Working capital
€190,262▲ 21.3%
2023 · €156,880
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€330,663
Operating result€48,577▲ 193%€33,028▼ 32.0%€99,194▲ 200%-€2,225€64,835
Net result€44,495above the sector's middle half▲ 172%€27,177within the sector's middle half▼ 38.9%€59,570above the sector's middle half▲ 119%€7,277within the sector's middle half▼ 87.8%€46,955above the sector's middle half▲ 545%
EBIT margin-0.7%
Equity€109,960within the sector's middle half▲ 68.0%€137,136within the sector's middle half▲ 24.7%€196,706within the sector's middle half▲ 43.4%€201,075within the sector's middle half▲ 2.2%€248,030within the sector's middle half▲ 23.4%
Total assets€193,271within the sector's middle half▼ 0.8%€200,103within the sector's middle half▲ 3.5%€265,312within the sector's middle half▲ 32.6%€299,823within the sector's middle half▲ 13.0%€322,648within the sector's middle half▲ 7.6%
Debt€83,312▼ 35.6%€62,966▼ 24.4%€68,606▲ 9.0%€98,748▲ 43.9%€74,617▼ 24.4%
Working capital€168,487above the sector's middle half▼ 2.8%€130,121above the sector's middle half▼ 22.8%€186,603above the sector's middle half▲ 43.4%€156,880above the sector's middle half▼ 15.9%€190,262above the sector's middle half▲ 21.3%
Solvency56.9%within the sector's middle half▲ 23.3pp68.5%above the sector's middle half▲ 11.6pp74.1%above the sector's middle half▲ 5.6pp67.1%above the sector's middle half▼ 7.1pp76.9%above the sector's middle half▲ 9.8pp
Current ratio13.52above the sector's middle half▼ 0.223.15above the sector's middle half▼ 10.373.72above the sector's middle half▲ 0.572.84within the sector's middle half▼ 0.886.90above the sector's middle half▲ 4.06
Return on assets (ROA)23.0%above the sector's middle half▲ 14.6pp13.6%above the sector's middle half▼ 9.4pp22.5%above the sector's middle half▲ 8.9pp2.4%within the sector's middle half▼ 20.0pp14.6%above the sector's middle half▲ 12.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €64,835 after a loss of €2,225 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €322,648
Fixed assets
€100,149 ▲ 73.6%
Current assets
€222,499 ▼ 8.1%
Equity and liabilities €322,648
Equity
€248,030 ▲ 23.4%
Debt
€74,617 ▼ 24.4%
Debt's share of the balance-sheet total falls from 32.9% to 23.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69,867▲
2023 · €2,452
Cash flow
€51,987▲
2023 · €11,955
Debt to equity
0.30▼
2023 · 0.49
ROE
18.9%▲
2023 · 3.6%
Interest coverage
95.08▲
2023 · 2.95
Debt ≤ 1 year
€32,237▼
2023 · €85,263
Income taxes
€17,155▲
2023 · €1,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €330,663 | - | - |
| Non-recurring operating income76A | - | €69,850 | - | €11,108 | €479,114 | ▲ 4,213% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €309,896 | €394,733 | ▲ 27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €108 | €4,677 | €5,032 | ▲ 7.6% |
| Other operating charges640/8 | - | €223 | €8,274 | €29,423 | €14,515 | ▼ 50.7% |
| Gross operating margin9900 | €48,649 | €33,251 | €107,576 | €31,876 | €84,381 | ▲ 165% |
| Operating profit (loss)9901 | €48,577 | €33,028 | €99,194 | -€2,225 | €64,835 | ▲ 3,014% |
| Financial income75/76B | - | €10,621 | - | €12,230 | €10 | ▼ 99.9% |
| Recurring financial income75 | - | €10,621 | - | €12,230 | €10 | ▼ 99.9% |
| Financial charges65/66B | - | €2,681 | €1,902 | €830 | €735 | ▼ 11.5% |
| Recurring financial charges65 | €161 | €2,681 | €1,902 | €830 | €735 | ▼ 11.5% |
| Profit (loss) for the period before taxes9903 | €48,415 | €40,968 | €97,292 | €9,175 | €64,110 | ▲ 599% |
| Income taxes67/77 | €3,920 | €13,791 | €37,722 | €1,897 | €17,155 | ▲ 804% |
| Profit (loss) for the period9904 | €44,495 | €27,177 | €59,570 | €7,277 | €46,955 | ▲ 545% |
| Profit (loss) for the period to be appropriated9905 | €44,495 | €27,177 | €59,570 | €7,277 | €46,955 | ▲ 545% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,271 | €200,103 | €265,312 | €299,823 | €322,648 | ▲ 7.6% |
| Fixed assets21/28 | €11,323 | €9,400 | €10,104 | €57,680 | €100,149 | ▲ 73.6% |
| Intangible fixed assets21 | - | - | - | €36,121 | €71,902 | ▲ 99.1% |
| Tangible fixed assets22/27 | - | - | €704 | €3,160 | €2,347 | ▼ 25.7% |
| Furniture and vehicles24 | - | - | €704 | €3,160 | €2,347 | ▼ 25.7% |
| Financial fixed assets28 | €11,323 | €9,400 | €9,400 | €18,400 | €25,900 | ▲ 40.8% |
| Current assets29/58 | €181,948 | €190,703 | €255,208 | €242,143 | €222,499 | ▼ 8.1% |
| Amounts receivable after more than one year29 | - | €87,314 | €87,314 | €99,198 | - | - |
| Trade receivables290 | - | €87,314 | €87,314 | €99,198 | - | - |
| Amounts receivable within one year40/41 | €91,400 | €99,973 | €127,503 | €140,734 | €15,867 | ▼ 88.7% |
| Other amounts receivable41 | - | €99,973 | €127,503 | €140,734 | €15,867 | ▼ 88.7% |
| Current investments50/53 | - | - | - | - | €180,000 | - |
| Cash at bank and in hand54/58 | - | €3,416 | €40,325 | €1,211 | €8,247 | ▲ 581% |
| Deferred charges and accrued income490/1 | - | - | €67 | €1,000 | €18,385 | ▲ 1,738% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,271 | €200,103 | €265,312 | €299,823 | €322,648 | ▲ 7.6% |
| Equity10/15 | €109,960 | €137,136 | €196,706 | €201,075 | €248,030 | ▲ 23.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €181,860 | ▲ 9,677% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €181,860 | ▲ 9,677% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Own shares acquired1312 | - | - | - | - | €180,000 | - |
| Profit (loss) carried forward14 | €89,500 | €116,676 | €176,246 | €180,615 | €47,570 | ▼ 73.7% |
| Amounts payable17/49 | €83,312 | €62,966 | €68,606 | €98,748 | €74,617 | ▼ 24.4% |
| Amounts payable within one year42/48 | €13,462 | €60,581 | €68,606 | €85,263 | €32,237 | ▼ 62.2% |
| Trade debts44 | €1,897 | €42,945 | €25,845 | €26,493 | €16,412 | ▼ 38.1% |
| Suppliers440/4 | - | €42,945 | €25,845 | €26,493 | €16,412 | ▼ 38.1% |
| Taxes, remuneration and social security45 | - | €11,836 | €36,960 | €24,470 | €15,825 | ▼ 35.3% |
| Taxes450/3 | - | €10,965 | €36,960 | €24,470 | €15,825 | ▼ 35.3% |
| Remuneration and social security454/9 | - | €872 | - | - | - | - |
| Other amounts payable47/48 | - | €5,800 | €5,800 | €34,300 | - | - |
| Accrued charges and deferred income492/3 | - | €2,385 | - | €13,485 | €42,380 | ▲ 214% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,495 | €27,177 | €59,570 | €7,277 | €46,955 | ▲ 545% |
| + Depreciation and write-downs630 | - | - | €108 | €4,677 | €5,032 | ▲ 7.6% |
| Operating cash flow (approximation) | €44,495 | €27,177 | €59,678 | €11,955 | €51,987 | ▲ 335% |
| Investment in fixed assets (approximation) | - | €1,923 | -€812 | -€52,254 | -€47,500 | ▲ 9.1% |
| Change in cash | - | - | €36,909 | -€39,115 | €7,037 | ▲ 118% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 6.90
Current ratio from 2.84 to 6.90; short-term debt falls from €85,263 to €32,237.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €7,277 ▼87.8%
Net result drops to €7,277, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €201,075 ▲2.2%
6 profitable years in a row build equity to €201,075.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €59,570 ▲119%
Operating result €99,194, net result €59,570, both a record.
31-12
Financial
Equity above €150,000Eq €196,706 ▲43.4%
5 profitable years in a row build equity to €196,706.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Equity above €100,000Eq €109,960 ▲68%
3 profitable years in a row build equity to €109,960.
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Agatha-Berchem · 1 establishment unit since 2012
Ground area
379 m²
Building footprint
243 m²
Volume, LiDAR
1,835 m³
Parcel 21342B0108/00S000, Brussels · tallest building 14.4 m, ±1 floor. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
IMMO MAREE
since 20122.248.725.165
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0108/00S000 | Brussels | 379 m² | 1 · 243 m² | 14.4 m · 1 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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IMMOBELGEONNE
BE 0822.108.949
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VLB IMMOBILIERE
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Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 4,908 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
Founded18-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
Phone
0470/12.81.12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508503001
Also
9925:BE0508503001
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.