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IMMO PA

Active
Private limited companyfounded 2019active for 7 yearsHeihoevestraat(E) 44, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0727.478.521
Summary

The computed 12-month bankruptcy probability of IMMO PA is 8.1% (elevated). The 2024 annual accounts show equity of €284,302 and a net result of €13,890. Equity is growing by about 33% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.

Turnover
≈ €140,000
Estimated: probably between €58,000 and €340,000
Total assets
€355,485▲ 8.3%
2023 · €328,373
Net result
€13,890▼ 73.3%
2023 · €52,043
Working capital
€284,302▲ 5.1%
2023 · €270,412
Trend over the years

2020 to 2024, 5 financial years

The operating result has fallen three years in a row; 2024 is 71% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€20,116 2024 Net result€13,890 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Operating result-€1,550-€155,759€137,954▼ 11.4%€70,293▼ 49.0%€20,116▼ 71.4%
Net result-€1,705-€113,957€96,116▼ 15.7%€52,043▼ 45.9%€13,890▼ 73.3%
Equity€8,295-€122,253▲ 15×€218,369▲ 78.6%€270,412▲ 23.8%€284,302▲ 5.1%
Total assets€270,977-€412,352▲ 52.2%€444,400▲ 7.8%€328,373▼ 26.1%€355,485▲ 8.3%
Debt€262,682-€290,099▲ 10.4%€226,031▼ 22.1%€57,961▼ 74.4%€71,184▲ 22.8%
Working capital€8,295-€202,253▲ 24×€218,369▲ 8.0%€270,412▲ 23.8%€284,302▲ 5.1%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €355,485
Equity €284,302 ▲ 5.1%
Debt €71,184 ▲ 22.8%
Debt's share of the balance-sheet total rises from 17.7% to 20.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
4.99▼
2023 · 5.67
Quick ratio
1.27▲
2023 · 0.46
Debt to equity
0.25▲
2023 · 0.21
ROE
4.9%▼
2023 · 19.2%
ROA
3.9%▼
2023 · 15.8%
Debt ≤ 1 year
€71,184▲
2023 · €57,961
Income taxes
€5,203▼
2023 · €17,348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,047 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
93.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to 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%

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 5,047 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€328,373€355,485▲
Current assets29/58€328,373€355,485▲
Stocks and contracts in progress3€301,620€264,995▼
Stocks30/36€301,620€264,995▼
Amounts receivable within one year40/41€25,655€90,485▲
Other amounts receivable41€25,655€90,485▲
Cash at bank and in hand54/58€1,098€5▼
Equity and liabilities
Total equity and liabilities10/49€328,373€355,485▲
Equity10/15€270,412€284,302▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€260,412€274,302▲
Amounts payable17/49€57,961€71,184▲
Amounts payable within one year42/48€57,961€71,184▲
Financial debts43-€49
Credit institutions430/8-€49
Trade debts44€8,047€3,932▼
Suppliers440/4€8,047€3,932▼
Taxes, remuneration and social security45€49,386€54,589▲
Taxes450/3€49,386€54,589▲
Other amounts payable47/48€528€12,614▲
Income statement Code20232024
Other operating charges640/8-€454
Gross operating margin9900€70,293€20,570▼
Operating profit (loss)9901€70,293€20,116▼
Financial charges65/66B€903€1,024▲
Recurring financial charges65€903€1,024▲
Profit (loss) for the period before taxes9903€69,391€19,093▼
Income taxes67/77€17,348€5,203▼
Profit (loss) for the period9904€52,043€13,890▼
Profit (loss) for the period to be appropriated9905€52,043€13,890▼
Appropriation of the result
Profit (loss) to be appropriated9906€260,412€274,302▲
Profit (loss) brought forward from the previous period14P€208,369€260,412▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8--€3,286-€454-
Gross operating margin9900-€1,200€155,759€141,240€70,293€20,570▼ 70.7%
Operating profit (loss)9901-€1,550€155,759€137,954€70,293€20,116▼ 71.4%
Financial charges65/66B-€4,385€9,799€903€1,024▲ 13.4%
Recurring financial charges65€154€4,385€9,799€903€1,024▲ 13.4%
Profit (loss) for the period before taxes9903-€1,705€151,375€128,155€69,391€19,093▼ 72.5%
Income taxes67/77-€37,418€32,039€17,348€5,203▼ 70.0%
Profit (loss) for the period9904-€1,705€113,957€96,116€52,043€13,890▼ 73.3%
Profit (loss) for the period to be appropriated9905-€1,705€113,957€96,116€52,043€13,890▼ 73.3%
Line20202021202220232024Change
Assets
Total assets20/58€270,977€412,352€444,400€328,373€355,485▲ 8.3%
Current assets29/58€270,977€412,352€444,400€328,373€355,485▲ 8.3%
Stocks and contracts in progress3€270,977€355,135€411,375€301,620€264,995▼ 12.1%
Stocks30/36-€355,135€411,375€301,620€264,995▼ 12.1%
Amounts receivable within one year40/41-€57,022€31,311€25,655€90,485▲ 253%
Other amounts receivable41-€57,022€31,311€25,655€90,485▲ 253%
Cash at bank and in hand54/58€1€194€1,714€1,098€5▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€270,977€412,352€444,400€328,373€355,485▲ 8.3%
Equity10/15€8,295€122,253€218,369€270,412€284,302▲ 5.1%
Contributions10/11-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€1,705€112,253€208,369€260,412€274,302▲ 5.3%
Amounts payable17/49€262,682€290,099€226,031€57,961€71,184▲ 22.8%
Amounts payable after more than one year17-€80,000----
Financial debts170/4-€80,000----
Amounts payable within one year42/48€262,682€210,099€226,031€57,961€71,184▲ 22.8%
Financial debts43-€148,000€148,000-€49-
Credit institutions430/8-€148,000€148,000-€49-
Trade debts44-€8,047€8,047€8,047€3,932▼ 51.1%
Suppliers440/4-€8,047€8,047€8,047€3,932▼ 51.1%
Taxes, remuneration and social security45-€37,418€69,456€49,386€54,589▲ 10.5%
Taxes450/3-€37,418€69,456€49,386€54,589▲ 10.5%
Other amounts payable47/48-€16,634€528€528€12,614▲ 24×
Line20202021202220232024Change
Profit (loss) for the period9904-€1,705€113,957€96,116€52,043€13,890▼ 73.3%
Operating cash flow (approximation)-€1,705€113,957€96,116€52,043€13,890▼ 73.3%
Change in cash-€193€1,520-€616-€1,093▼ 77.3%

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 abbreviated format 14-07-2025 2025-00263090
31-12-2023 abbreviated format 16-07-2024 2024-00247788
31-12-2022 abbreviated format 06-10-2023 2023-00483387
31-12-2021 abbreviated format 31-08-2022 2022-20426714
31-12-2020 abbreviated format 27-07-2021 2021-41700580

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.