"IMMO MISCAR"
ActiveSummary
"IMMO MISCAR" has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,675 and a net result of -€28,915. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-32
Solvency28▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.82 in 2023; short-term debt: 11.9% and cash: 0% of total assets), and 96.9% of the assets are financed with debt.
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Signals
Six 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
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
3.1%
Return on assets
-1.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 19364 sector peers (2024).
NBB · sector comparisonPosition among 19364 sector peers
Solvency
better than 23%
← 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
70 d late
2022
29 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 26 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
Equity
€54,675▼ 34.6%
2023 · €83,590
Total assets
€1.8m▲ 14.1%
2023 · €1.6m
Net result
-€28,915
2023 · €52,227
Working capital
-€47,663▼ 42.1%
2023 · -€33,531
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
Line2021202220232024
Operating result€21,833-€46,727▲ 114%€82,580▲ 76.7%-€454
Net result€7,232-€22,132▲ 206%€52,227▲ 136%-€28,915
Equity€9,232-€31,363▲ 240%€83,590▲ 167%€54,675▼ 34.6%
Total assets€1.1m-€1.2m▲ 10.4%€1.6m▲ 27.0%€1.8m▲ 14.1%
Debt€1.1m-€1.2m▲ 8.5%€1.5m▲ 23.4%€1.7m▲ 16.9%
Working capital-€82,774--€212,786▼ 157%-€33,531▲ 84.2%-€47,663▼ 42.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €454 after €82,580 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.6m ▲ 15.0%
Current assets
€164,185 ▲ 6.2%
Equity and liabilities €1.8m
Equity
€54,675 ▼ 34.6%
Debt
€1.7m ▲ 16.9%
Debt's share of the balance-sheet total rises from 94.7% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€82,733▼
2023 · €139,948
Cash flow
€54,271▼
2023 · €109,595
Current ratio
0.78▼
2023 · 0.82
Debt to equity
31.64▲
2023 · 17.71
ROE
-52.9%▼
2023 · 62.5%
ROA
-1.6%▼
2023 · 3.3%
Interest coverage
2.92▼
2023 · 8.33
Debt ≤ 1 year
€211,848▲
2023 · €188,129
Debt > 1 year
€1.5m▲
2023 · €1.3m
Income taxes
€149▼
2023 · €14,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,803 | €65,566 | €57,369 | €83,186 | ▲ 45.0% |
| Other operating charges640/8 | €2,807 | €3,516 | €4,817 | €9,072 | ▲ 88.3% |
| Non-recurring operating charges66A | - | €5,110 | €0 | - | - |
| Gross operating margin9900 | €77,442 | €120,919 | €144,766 | €91,804 | ▼ 36.6% |
| Operating profit (loss)9901 | €21,833 | €46,727 | €82,580 | -€454 | ▼ 101% |
| Financial income75/76B | - | €7 | €451 | €0 | ▼ 100% |
| Recurring financial income75 | - | €7 | €451 | €0 | ▼ 100% |
| Financial charges65/66B | €11,286 | €17,054 | €16,799 | €28,313 | ▲ 68.5% |
| Recurring financial charges65 | €11,286 | €17,054 | €16,799 | €28,313 | ▲ 68.5% |
| Profit (loss) for the period before taxes9903 | €10,547 | €29,679 | €66,232 | -€28,767 | ▼ 143% |
| Income taxes67/77 | €3,315 | €7,548 | €14,005 | €149 | ▼ 98.9% |
| Profit (loss) for the period9904 | €7,232 | €22,132 | €52,227 | -€28,915 | ▼ 155% |
| Profit (loss) for the period to be appropriated9905 | €7,232 | €22,132 | €52,227 | -€28,915 | ▼ 155% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.1m | €1.2m | €1.6m | €1.8m | ▲ 14.1% |
| Fixed assets21/28 | €1.1m | €1.2m | €1.4m | €1.6m | ▲ 15.0% |
| Tangible fixed assets22/27 | €1.1m | €1.2m | €1.4m | €1.6m | ▲ 15.0% |
| Land and buildings22 | €1.0m | €1.1m | €1.3m | €1.4m | ▲ 8.4% |
| Plant, machinery and equipment23 | - | €49,088 | €69,799 | €78,519 | ▲ 12.5% |
| Furniture and vehicles24 | €20,273 | €12,940 | €5,608 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | - | €96,583 | - |
| Current assets29/58 | €63,014 | €79,094 | €154,598 | €164,185 | ▲ 6.2% |
| Amounts receivable within one year40/41 | €3,892 | €25,698 | €147,547 | €160,839 | ▲ 9.0% |
| Trade receivables40 | - | - | €48,466 | €126,877 | ▲ 162% |
| Other amounts receivable41 | €3,892 | €25,698 | €99,082 | €33,962 | ▼ 65.7% |
| Cash at bank and in hand54/58 | €57,689 | €51,832 | €5,367 | €227 | ▼ 95.8% |
| Deferred charges and accrued income490/1 | €1,433 | €1,564 | €1,684 | €3,118 | ▲ 85.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.6m | €1.8m | ▲ 14.1% |
| Equity10/15 | €9,232 | €31,363 | €83,590 | €54,675 | ▼ 34.6% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €7,232 | €29,363 | €81,590 | €52,675 | ▼ 35.4% |
| Amounts payable17/49 | €1.1m | €1.2m | €1.5m | €1.7m | ▲ 16.9% |
| Amounts payable after more than one year17 | €950,250 | €901,703 | €1.3m | €1.5m | ▲ 17.3% |
| Financial debts170/4 | €950,250 | €901,703 | €1.3m | €1.5m | ▲ 17.3% |
| Amounts payable within one year42/48 | €145,788 | €291,881 | €188,129 | €211,848 | ▲ 12.6% |
| Current portion of amounts payable after more than one year42 | €47,698 | €48,547 | €58,406 | €76,877 | ▲ 31.6% |
| Financial debts43 | - | €30,390 | €38,754 | €15,209 | ▼ 60.8% |
| Credit institutions430/8 | - | €30,390 | €38,754 | €15,209 | ▼ 60.8% |
| Trade debts44 | €4,009 | €114,334 | €17,178 | €23,354 | ▲ 36.0% |
| Suppliers440/4 | €4,009 | €114,334 | €17,178 | €23,354 | ▲ 36.0% |
| Advances received on contracts in progress46 | €30,000 | €30,000 | €10,000 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €4,080 | €3,315 | €32 | €1,460 | ▲ 4,441% |
| Taxes450/3 | €4,080 | €3,315 | €32 | €1,460 | ▲ 4,441% |
| Other amounts payable47/48 | €60,000 | €65,295 | €63,758 | €94,948 | ▲ 48.9% |
| Accrued charges and deferred income492/3 | €9,700 | €6,475 | €630 | €2,976 | ▲ 372% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,232 | €22,132 | €52,227 | -€28,915 | ▼ 155% |
| + Depreciation and write-downs630 | €52,803 | €65,566 | €57,369 | €83,186 | ▲ 45.0% |
| Operating cash flow (approximation) | €60,034 | €87,697 | €109,595 | €54,271 | ▼ 50.5% |
| Investment in fixed assets (approximation) | - | -€165,938 | -€314,388 | -€294,475 | ▲ 6.3% |
| Change in cash | - | -€5,857 | -€46,465 | -€5,140 | ▲ 88.9% |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€28,915
Net result drops to -€28,915, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-12
Financial
Highest result since 2021net €52,227 ▲136%
Operating result €82,580, net result €52,227, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Mons · 1 establishment unit since 2020
Ground area
1,043 m²
Building footprint
120 m²
Parcel 53405C0247/00D003, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Immo Miscar
since 20202.310.860.197
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53405C0247/00D003 | Wallonia | 1,043 m² | 1 · 120 m² | - |
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 9,143 companies in sector 68201 we hold annual accounts for 6,769. 3,463 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
Founded18-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68121Development of residential building projects
68122Development of non-residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
68322Real estate appraisal on a fee or contract basis
Contact
E-mail
scardicom@gmail.com
Phone
+32471100200
Phone
0471100200Mons
Scores and ratios are computed by Checked and are not a credit decision.