IMMO MULTI SERVICES
ActiveSummary
The annual accounts of IMMO MULTI SERVICES for financial year 2025 show a net loss of 57% of total assets and of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €12,901 and a net result of -€20,145. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 38% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Equity
- €12,901
- Loss
- -€20,145
- HESBEEN BernardDirector
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €20,145, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €35,614Founded in 2001Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 38% on solvency, 19% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 44 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€20,145
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (5 days) Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388344.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €19,540 in 2025 against €9,824 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,831 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €833 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,341 | €5,175 | €4,601 | €6,879 | €5,104 | €9,279 | €10,000 | €9,896 | ▼ 1.0% |
| Other operating charges640/8 | - | - | - | €475 | €475 | €762 | €719 | €711 | ▼ 1.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €865 | €0 | - | - |
| Gross operating margin9900 | €2,652 | -€4,031 | €8,172 | €8,124 | -€2,314 | -€5,497 | €895 | -€8,933 | - |
| Operating profit (loss)9901 | -€3,185 | -€9,640 | €3,224 | €770 | -€7,894 | -€16,403 | -€9,824 | -€19,540 | ▼ 98.9% |
| Financial income75/76B | - | - | - | €694 | €5 | €20 | €6 | €1 | ▼ 87.2% |
| Recurring financial income75 | - | €2,800 | - | €0 | €5 | €20 | €6 | €1 | ▼ 87.2% |
| Non-recurring financial income76B | - | - | - | €694 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €311 | €324 | €338 | €389 | €606 | ▲ 55.9% |
| Recurring financial charges65 | €351 | €423 | €419 | €311 | €324 | €338 | €389 | €606 | ▲ 55.9% |
| Profit (loss) for the period before taxes9903 | -€3,536 | -€7,263 | €2,289 | €1,153 | -€8,212 | -€16,722 | -€10,206 | -€20,145 | ▼ 97.4% |
| Income taxes67/77 | €2 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€3,537 | -€7,263 | €2,289 | €1,153 | -€8,212 | -€16,722 | -€10,206 | -€20,145 | ▼ 97.4% |
| Profit (loss) for the period to be appropriated9905 | -€3,537 | -€7,263 | €2,289 | €1,153 | -€8,212 | -€16,722 | -€10,206 | -€20,145 | ▼ 97.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €100,216 | €102,808 | €100,221 | €127,511 | €118,988 | €56,252 | €40,618 | €35,614 | ▼ 12.3% |
| Fixed assets21/28 | €14,690 | €9,924 | €7,948 | €19,647 | €31,846 | €31,786 | €21,787 | €11,891 | ▼ 45.4% |
| Tangible fixed assets22/27 | €14,527 | €9,762 | €7,785 | €19,485 | €31,683 | €31,624 | €21,624 | €11,728 | ▼ 45.8% |
| Plant, machinery and equipment23 | - | - | - | €1,373 | €983 | €593 | €256 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €18,112 | €30,700 | €31,031 | €21,369 | €11,728 | ▼ 45.1% |
| Financial fixed assets28 | €162 | €162 | €162 | €162 | €162 | €162 | €162 | €162 | = |
| Current assets29/58 | €85,526 | €92,884 | €92,273 | €107,864 | €87,142 | €24,466 | €18,831 | €23,723 | ▲ 26.0% |
| Stocks and contracts in progress3 | €5,733 | €5,543 | €5,972 | €6,172 | €7,109 | €7,508 | €7,058 | €7,260 | ▲ 2.9% |
| Stocks30/36 | - | - | - | €6,172 | €7,109 | €7,508 | €7,058 | €7,260 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €77,751 | €86,770 | €75,772 | €100,039 | €79,565 | €4,773 | €3,555 | €11,409 | ▲ 221% |
| Trade receivables40 | - | - | - | €79,693 | €56,104 | €4,773 | €3,126 | €9,850 | ▲ 215% |
| Other amounts receivable41 | - | - | - | €20,346 | €23,461 | €0 | €430 | €1,559 | ▲ 263% |
| Cash at bank and in hand54/58 | €1,280 | €477 | €10,529 | €1,554 | €468 | €12,185 | €7,129 | €3,935 | ▼ 44.8% |
| Deferred charges and accrued income490/1 | - | - | - | €99 | - | - | €1,089 | €1,120 | ▲ 2.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €100,216 | €102,808 | €100,221 | €127,511 | €118,988 | €56,252 | €40,618 | €35,614 | ▼ 12.3% |
| Equity10/15 | €72,006 | €64,744 | €67,033 | €68,186 | €59,974 | €43,252 | €33,046 | €12,901 | ▼ 61.0% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €22,000 | €22,000 | €22,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €0 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Profit (loss) carried forward14 | €50,006 | €42,744 | €45,033 | €46,186 | €37,974 | €21,252 | €11,046 | -€9,099 | - |
| Amounts payable17/49 | €28,210 | €38,065 | €33,188 | €59,325 | €59,014 | €13,000 | €7,572 | €22,713 | ▲ 200% |
| Amounts payable within one year42/48 | €28,210 | €38,065 | €33,188 | €59,325 | €59,014 | €13,000 | €7,572 | €22,705 | ▲ 200% |
| Trade debts44 | €4,943 | €8,800 | €2,176 | €837 | €1,736 | €3,040 | €1,846 | €549 | ▼ 70.3% |
| Suppliers440/4 | - | - | - | €837 | €1,736 | €3,040 | €1,846 | €549 | ▼ 70.3% |
| Taxes, remuneration and social security45 | - | - | - | €246 | €231 | €360 | €0 | €209 | - |
| Taxes450/3 | - | - | - | €246 | €231 | €360 | €0 | €209 | - |
| Other amounts payable47/48 | - | - | - | €58,242 | €57,047 | €9,601 | €5,726 | €21,948 | ▲ 283% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €7 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,537 | -€7,263 | €2,289 | €1,153 | -€8,212 | -€16,722 | -€10,206 | -€20,145 | ▼ 97.4% |
| + Depreciation and write-downs630 | €5,341 | €5,175 | €4,601 | €6,879 | €5,104 | €9,279 | €10,000 | €9,896 | ▼ 1.0% |
| Operating cash flow (approximation) | €1,803 | -€2,088 | €6,890 | €8,032 | -€3,108 | -€7,443 | -€207 | -€10,249 | ▼ 4,860% |
| Investment in fixed assets (approximation) | - | -€410 | -€2,625 | -€18,578 | -€17,303 | -€9,220 | €0 | €0 | - |
| Change in cash | - | -€803 | €10,052 | -€8,975 | -€1,086 | €11,717 | -€5,056 | -€3,194 | ▲ 36.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 05-08-2026 | 2026-00388344 |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00258492 |
| 31-12-2023 | micro format | 23-09-2024 | 2024-00470559 |
| 31-12-2022 | micro format | 22-09-2023 | 2023-00452607 |
| 31-12-2021 | micro format | 10-10-2022 | 2022-20457543 |
| 31-12-2020 | micro format | 27-09-2021 | 2021-69300428 |
| 31-12-2019 | micro format | 28-10-2020 | 2020-66400008 |
| 31-12-2018 | micro format | 12-08-2019 | 2019-47000351 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-54200366 |
| 31-12-2016 | micro format | 02-09-2017 | 2017-60300385 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HESBEEN Bernard |
|
Owners and capital
Capital and shareholders
- 03-08-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-08
Gazette deed
Resignation: HESBEEN Bernard (manager and director)Appointment: HESBEEN Bernard (director) · Capital conversion · Amendment of the articles10 facts ▸
- General meeting, 25-07-2023
- Other provision, “adapter les statuts aux dispositions du Code des Sociétés et des Associations, Première résolution” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible, supprimer le compte et rendre ces fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, HESBEEN Bernard (manager and director)
- Director discharge, HESBEEN Bernard
- Director appointment, HESBEEN Bernard (director (not named in the articles))
- Registered office clause, “Ixelles (1050 Bruxelles),rue de Naples 8, réputée intervenue valablement” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0473.973.969
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22004D0208/00E000 | Flanders | 6,125 m² | 1 · 144 m² | 11.3 m · 2 |
| 21009A0859/00M002 | Brussels | 222 m² | 1 · 210 m² | 16.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’activité professionnelle d’agent immobilier,d'intermédiaire commercial et affaires immobilières en conformité avec la loi sur la…” (deed in French)
22 activities (deed in French)
- L’activité professionnelle d’agent immobilier,d'intermédiaire commercial et affaires immobilières en conformité avec la loi sur la réglementation de la profession d'agent immobilier
- L’activité d'intermédiaire en vue de la vente,l'achat,l'échange,la location ou la cession de biens immobiliers,soit la fonction de biens immobiliers en copropriété
- L’activité d'agent en assurance en conformité avec la loi sur la réglementation de la profession d'agent en assurance
- L'achat,la vente,l'échange,la mise en valeur,le lotissement,la négociation,la gestion,la gérance et la location de tout immeuble,la construction,la transformation,le parachèvement et l'entretien de tout immeuble ainsi que le commerce et l'industrie de tous matériaux en matière de construction
- L'achat,la vente,l'échange,la mise en valeur,la négociation,la gestion,la gérance et la location de tout navire. La construction,la transformation,le parachèvement et l'entretien de tout navire ainsi que le commerce et l'industrie de tous accessoires de navires en ce y compris les provisions de bord et de soute
- La conception et la réalisation de tous projets de construction d'immeubles,l'établissement des plans d'exécution et de leur devis,la conclusion de tous marchés et le contrôle de leur exécution et en général toutes opérations de devoirs incombant aux bureaux d'études en ce compris toutes formalités relatives aux demandes de permis de bâtir ou de lotir ainsi que la gestion pour le compte des propriétaires de tous biens immobiliers
- Entreprise de peintures
- Entreprise d'installation électrique
- Travaux de plafonnage et de carrelage et tous travaux de recouvrement de murs et de sols
- Entreprise de travaux de pose de câbles et de canalisations diverses en ce y compris les installations en chauffage central au gaz,les installations sanitaires et de plomberie
- L'entreprise de nettoyage sous toutes ses formes
- L'isolation acoustique et thermique
- L'aménagement & l'entretien de terrains divers
- L'entreprise de placement de ferronnerie,de volets et de menuiserie métallique ou P.V C.
- Ébénisterie
- Entreprise de terrassement
- Installation de cuisines équipées et non équipées à l'exclusion des activités réglementées
- Entreprise de montage et démontage d'échafaudages
- Entreprise de ravalement de façades
- Pose de tapis non collés,entreprise de pose de chapes,faux plafonds et cloisons amovibles
- Entreprise de pose de parquet
- La fourniture de main d'œuvre aux entreprises industrielles et commerciales
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IMMO MULTI SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu'à l'étranger par simple…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of May at 18:00