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IMMO NET

Dissolution or liquidation
Private limited company (pre-2019)founded 1999Georges Brugmannplein 17, 1050 Elsene, BelgiumKBO/BCE: BE 0467.925.030
Summary

The KBO register records for IMMO NET the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €27,646 and a net result of -€14,317.

IMMO NETDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-08-2024, 23 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
23 d late
2022
32 d late
2019
89 d late
2018
30 d late
2017
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 December 1999, IMMO NET was incorporated.1 Revenue went from EUR 73,944 in 2018 to EUR 16,722 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, full schema

Turnover
€16,722▼ 78.7%
2019 · €78,395
EBIT margin
-3.9%▼ 7.0pp
2019 · 3.1%
Net result
-€14,317▼ 1,734%
2022 · -€780
Working capital
€27,495▼ 34.0%
2022 · €41,687
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920222023
Turnover€73,944-€78,395▲ 6.0%€16,722-
Operating result€998-€2,446▲ 145%-€645--€9,404▼ 1,357%
Net result€1,267-€1,874▲ 48.0%-€780below the sector's middle half--€14,317below the sector's middle half▼ 1,734%
EBIT margin1.3%-3.1%▲ 1.8pp-3.9%-
Equity€34,346-€36,220▲ 5.5%€41,963below the sector's middle half-€27,646below the sector's middle half▼ 34.1%
Total assets€59,832-€51,995▼ 13.1%€65,145below the sector's middle half-€56,061below the sector's middle half▼ 13.9%
Debt€25,486-€15,774▼ 38.1%€23,182-€28,415▲ 22.6%
Working capital€34,214-€36,195▲ 5.8%€41,687within the sector's middle half-€27,495within the sector's middle half▼ 34.0%
Solvency57.4%-69.7%▲ 12.3pp64.4%above the sector's middle half-49.3%within the sector's middle half▼ 15.1pp
Current ratio2.34-3.29▲ 0.952.80above the sector's middle half-1.97within the sector's middle half▼ 0.83
Return on assets (ROA)2.1%-3.6%▲ 1.5pp-1.2%below the sector's middle half--25.5%below the sector's middle half▼ 24.3pp
Staff (FTE)0.2-
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2018: €998€998Net result 2018: €1,267€1,267Operating result 2019: €2,446€2,446Net result 2019: €1,874€1,874Operating result 2022: -€645-€645Net result 2022: -€780-€780Operating result 2023: -€9,404-€9,404Net result 2023: -€14,317-€14,3172018201920222023-€15,000-€10,000-€5,000€0Operating result 2019: €2,446€2,450Net result 2019: €1,874€1,870Operating result 2022: -€645-€645Net result 2022: -€780-€780Operating result 2023: -€9,404-€9,400Net result 2023: -€14,317-€14,300201920222023
The operating result stays negative: a loss of €9,404 in 2023 against €645 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €56,061
Fixed assets €151 ▼ 45.4%
Current assets €55,910 ▼ 13.8%
Equity and liabilities €56,061
Equity €27,646 ▼ 34.1%
Debt €28,415 ▲ 22.6%
Debt's share of the balance-sheet total rises from 35.6% to 50.7%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€9,279▼
2022 · -€520
Cash flow
-€14,192▼
2022 · -€655
Debt to equity
1.03▲
2022 · 0.55
ROE
-51.8%▼
2022 · -1.9%
Interest coverage
-1.87▼
2022 · -0.80
Debt ≤ 1 year
€28,415▲
2022 · €23,182
Income taxes
€125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€65,145€56,061▼
Fixed assets21/28€276€151▼
Tangible fixed assets22/27€250€125▼
Furniture and vehicles24€250€125▼
Financial fixed assets28€25€25=
Current assets29/58€64,869€55,910▼
Amounts receivable within one year40/41€64,382€55,663▼
Trade receivables40€57,382€49,022▼
Other amounts receivable41€7,000€6,641▼
Cash at bank and in hand54/58€487€246▼
Equity and liabilities
Total equity and liabilities10/49€65,145€56,061▼
Equity10/15€41,963€27,646▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14€21,503€7,186▼
Amounts payable17/49€23,182€28,415▲
Amounts payable within one year42/48€23,182€28,415▲
Trade debts44€16,637-
Suppliers440/4€16,637-
Taxes, remuneration and social security45€1,837€1,837=
Taxes450/3€1,837€1,837=
Other amounts payable47/48€4,708€26,577▲
Income statement Code20222023
Turnover70€16,722-
Goods, raw materials, services and sundry goods60/61€17,243€7,639▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125€125=
Other operating charges640/8-€1,640
Gross operating margin9900-€520-€7,639▼
Operating profit (loss)9901-€645-€9,404▼
Financial income75/76B€512€171▼
Recurring financial income75€512€171▼
Financial charges65/66B€647€4,959▲
Recurring financial charges65€647€4,959▲
Profit (loss) for the period before taxes9903-€780-€14,192▼
Income taxes67/77-€125
Profit (loss) for the period9904-€780-€14,317▼
Profit (loss) for the period to be appropriated9905-€780-€14,317▼
Appropriation of the result
Profit (loss) to be appropriated9906€21,503€7,186▼
Profit (loss) brought forward from the previous period14P€22,283€21,503▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920222023Change
Turnover70€73,944€78,395€16,722--
Goods, raw materials, services and sundry goods60/61--€17,243€7,639▼ 55.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27-€125€125=
Other operating charges640/8---€1,640-
Gross operating margin9900€3,926€3,991-€520-€7,639▼ 1,368%
Operating profit (loss)9901€998€2,446-€645-€9,404▼ 1,357%
Financial income75/76B--€512€171▼ 66.6%
Recurring financial income75€1,113€615€512€171▼ 66.6%
Financial charges65/66B--€647€4,959▲ 667%
Recurring financial charges65€169€114€647€4,959▲ 667%
Profit (loss) for the period before taxes9903€1,942€2,947-€780-€14,192▼ 1,718%
Income taxes67/77€676€1,073-€125-
Profit (loss) for the period9904€1,267€1,874-€780-€14,317▼ 1,734%
Profit (loss) for the period to be appropriated9905€1,267€1,874-€780-€14,317▼ 1,734%
Line2018201920222023Change
Assets
Total assets20/58€59,832€51,995€65,145€56,061▼ 13.9%
Fixed assets21/28€132€25€276€151▼ 45.4%
Tangible fixed assets22/27--€250€125▼ 50.0%
Furniture and vehicles24--€250€125▼ 50.0%
Financial fixed assets28€132€25€25€25=
Current assets29/58€59,700€51,969€64,869€55,910▼ 13.8%
Amounts receivable within one year40/41€41,163€34,126€64,382€55,663▼ 13.5%
Trade receivables40--€57,382€49,022▼ 14.6%
Other amounts receivable41--€7,000€6,641▼ 5.1%
Cash at bank and in hand54/58€18,537€17,843€487€246▼ 49.4%
Equity and liabilities
Total equity and liabilities10/49€59,832€51,995€65,145€56,061▼ 13.9%
Equity10/15€34,346€36,220€41,963€27,646▼ 34.1%
Contributions10/11€18,600€18,600€18,600€18,600=
Capital10--€18,600€18,600=
Issued capital100--€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860=
Legal reserve130--€1,860€1,860=
Profit (loss) carried forward14€13,886€15,760€21,503€7,186▼ 66.6%
Amounts payable17/49€25,486€15,774€23,182€28,415▲ 22.6%
Amounts payable within one year42/48€25,486€15,774€23,182€28,415▲ 22.6%
Trade debts44€7,329€12,038€16,637--
Suppliers440/4--€16,637--
Taxes, remuneration and social security45--€1,837€1,837=
Taxes450/3--€1,837€1,837=
Other amounts payable47/48--€4,708€26,577▲ 465%
Line2018201920222023Change
Profit (loss) for the period9904€1,267€1,874-€780-€14,317▼ 1,734%
+ Depreciation and write-downs630€27-€125€125=
Operating cash flow (approximation)€1,293€1,874-€655-€14,192▼ 2,066%
Investment in fixed assets (approximation)-€107-€0-
Change in cash--€694--€240-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial Weakest financial yearnet -€14,317
Net result drops to -€14,317, the lowest in the series.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial Highest result since 2018net €1,874 ▲48%
Operating result €2,446, net result €1,874, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
22-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
15-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 76 days late
2014
16-06
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
03-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Elsene · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1,580 m²
Building footprint
1,131 m²
Volume, LiDAR
20,023 m³
2 parcels, Brussels · tallest building 33.3 m, ±8 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Louizalaan 60, 1050 Brussel
NACE 4545003
since 19992.096.318.072
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0003/00N002 Brussels 1,072 m² 1 · 902 m² 33.3 m · 6 fl.
21447B0309/00B011 Brussels 508 m² 1 · 228 m² 28.8 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,901 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 (pre-2019)
Founded03-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.