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IMMO MARMA

Active Private limited companyfounded 2011active for 15 yearsAugust De Feyterstraat 45, 1740 TernatKBO/BCE: BE 0839.015.950 subsidiary of MOBILITY IN MOTION

Lifetime

14 annual accounts with figures on one time axis
peak €129,437 (2017)
€104,694▲ 2.9%
lowest -€164,789 (2016)
€62,255▲ 8.1%
peak €1.7m (2025)
€1.7m▲ 270%
€237,796▼ 15.7%
peak 0 FTE (2022)
-not published
Board1 name since 2016
Owners
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Equity from €448,809 to €1.7mDebts from €282,158 to €237,796Investments €1.2mCash from €54,462 to €108,829

Key points

from the 2025 annual accounts

Equity

€1.7m ▲ 270%
€449,0002024€1.7m2025

Equity rose in 2025 from €448,809 to €1.7m.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Six of the last ten came late. The 2021 accounts came latest: 61 days after the end of the period.

Position in the sector

87.5%

Higher solvency than 89% of companies in real estate. Sector median 30.7% · 11,297 companies.

Checked score

98
Excellent
Financially stronger than 80% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%▼ -0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026highest value 03-2026: 0.2%▼ -0.4 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+14equity 87.5% of total assets
57+8short-term debt 9.0% · cash 5.7%
73-6return on assets 3.3%

Score breakdown

raises risk
No registered site in the KBO
lowers risk
Size: total assets €1.9m
Figures for financial year 2025 (filed on 16-06-2026)
Equity €1.7m (87.5% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 68% on liquidity, 65% on profitability and 96% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as IMMO MARMA has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of IMMO MARMA itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,049 companies, not a prediction for IMMO MARMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.64 (0.39 in 2024), below 1. Short-term debt is 9% and cash 5.7% of total assets. 12.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-06-2026)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Equity €1.7m (87.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
44 days early
2023
30 days late
2022
60 days late
2021
61 days late
2020
17 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 75 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MI
Director, Massagé Martine, since 01-04-2016
Board & ownership

Recent changes

Capital conversion · Amendment of the articles · Resignations & appointments Reappointment: MOBILITY IN MOTION (director) · Permanent representative: Massagé Martine · 5,763 shares · General meeting of 02-04-2024 · Gazette deed
Registered office moved from Dilbeek to Ternat New registered office: August de Feyterstraat 45, 1740 Ternat · Previous registered office: Ninoofseteenweg 1107, 1703 Dilbeek · Permanent representative: Massagé Martine · General meeting of 05-12-2023 · Gazette deed
Incorporation published on 15-09-2011 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
IMMO MARMA Ternat €1.9m €104,694 87.5% -
Dr. Zahra Javdani, oftalmologie Oud-Heverlee €1.7m €94,527 33.9% -
KB & BB Lochristi €2.1m €103,297 55.8% -
MAMO Koksijde €2.0m €97,359 16.1% -
V&V INVEST Diepenbeek €2.0m €117,191 11.7% -
SINAB Waterloo €2.1m €101,460 38.2% -
GOVAR INVEST Ardooie €1.9m €93,527 76.1% 0

These companies have the same main activity as IMMO MARMA: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.7m and €2.1m, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 05-09-2011Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €140,000estimated
€1.9m▲ 160%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on IMMO MARMA

IMMO MARMA files the abbreviated format. That format states no turnover. The gross margin rose from €13,626 in 2012 to €104,694 in 2025.

The balance sheet grew most in 2025 through fixed assets.

MOBILITY IN MOTION holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IMMO MARMA

What is the company number of IMMO MARMA?
The company number of IMMO MARMA is 0839.015.950. The VAT number is the same number with BE in front: BE 0839.015.950.
Where is IMMO MARMA based?
The registered office is at August De Feyterstraat 45, 1740 Ternat.Company details
What does IMMO MARMA do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of IMMO MARMA?
IMMO MARMA is a private limited company (BV).
When was IMMO MARMA founded?
IMMO MARMA was founded on 05-09-2011.
Is IMMO MARMA still active?
Yes, IMMO MARMA is an active enterprise in the KBO register.
What is the turnover of IMMO MARMA?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €104,694 and 37 comparable companies (NACE 68203). It probably lies between €110,000 and €220,000.Financials
Is IMMO MARMA profitable?
In financial year 2025, IMMO MARMA made a profit of €62,255.
Where can I find the annual accounts of IMMO MARMA?
IMMO MARMA filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMMO MARMA due?
IMMO MARMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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