Skip to content

IMMO PILLA

Active
Private limited company (pre-2019)founded 20178 years activePlace Henri Berger 1, 1300 Wavre, BelgiumKBO/BCE: BE 0684.935.509

The file of IMMO PILLA contains 3 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 21.3% (high). The 2024 annual accounts show negative equity (-€126,896) and a net result of -€5,068. Equity is shrinking by ~61.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 6,167 sector peers (NACE 96, fiscal year 2024).

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
1 site
Size
€115,527total assets 2024
Equity
-€126,896
Loss
-€5,068
Turnover not published (abridged schema)
Financial health
12 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
21.3%
Structure
Accounts 69 days overdue0 of 3 deeds read
Why 12- Reorganisation plan being carried out (approved, Gazette 17-10-2023)- Figures for FY 2024 (filed 05-12-2025)- 1 financial year not filed after the legal deadline; latest accounts 125 days late; 2 of the last 3 late+ Size: total assets €115,527Show the evidence

Checked score

Score 2024
12 / 100
Critical
Probability in this band: over 15.0%
Financially better than 20% of its sector peers (NACE 96, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -109.8% of total assets
Liquidity 10-9
short-term debt 209.8% · cash 8.4%
Profitability 27+27
return on assets -4.4%
Bankruptcy probability, 12 months
21.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,595 companies)
Last 24 months 11-2024: 21.0% 12-2024: 19.2%▼ -1.8 percentage points vs 11-2024 01-2025: 19.1%▼ -0.1 percentage points vs 12-2024 02-2025: 19.1%● unchanged vs 01-2025 03-2025: 18.7%▼ -0.4 percentage points vs 02-2025 04-2025: 18.7%● unchanged vs 03-2025 05-2025: 18.6%▼ -0.1 percentage points vs 04-2025 06-2025: 16.4%▼ -2.2 percentage points vs 05-2025 07-2025: 16.6%▲ +0.2 percentage points vs 06-2025 08-2025: 20.9%▲ +4.3 percentage points vs 07-2025 09-2025: 20.4%▼ -0.5 percentage points vs 08-2025 10-2025: ≥ 25%▲ +6.5 percentage points vs 09-2025 11-2025: 24.7%▼ -2.2 percentage points vs 10-2025 12-2025: ≥ 25%▲ +3.8 percentage points vs 11-2025highest value 01-2026: 12.1%▼ -16.4 percentage points vs 12-2025 02-2026: 11.9%▼ -0.2 percentage points vs 01-2026 03-2026: 11.6%▼ -0.3 percentage points vs 02-2026 04-2026: 11.4%▼ -0.2 percentage points vs 03-2026 05-2026: 11.2%▼ -0.2 percentage points vs 04-2026 06-2026: 10.7%▼ -0.5 percentage points vs 05-2026 07-2026: 10.7%● unchanged vs 06-2026lowest value 08-2026: 13.6%▲ +2.9 percentage points vs 07-2026 09-2026: 15.4%▲ +1.8 percentage points vs 08-2026 10-2026: 21.3%▲ +5.9 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.47 against 0.35 in 2023; short-term debt: 209.8% and cash: 8.4% of total assets), and equity is negative.
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 96, micro): better than 11% on solvency, 10% on liquidity, 25% on profitability and 35% on growth.

The bankruptcy probability was computed on 08-10-2026 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).

Credit check for your own amount and term

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

Signals

Six signals.
−lowers risk+raises risk
raises risk · Reorganisation plan being carried out (approved, Gazette 17-10-2023)
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 05-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 125 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €115,527
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€126,896
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-12-2025, 125 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
125 days late
2023
105 days late
2022
30 days late
2021
176 days late
2020
26 days late
2019
335 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 133 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Plan homologationTribunal de l’entreprise du Brabant…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€126,896 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€5,068 View
  • Caution: Among the weakest 5% on equitysector median €14,270 · 6,178 companies -€126,896 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View

By topic

Financials

Fiscal year
2024
Total assets
€115,527
Loss
-€5,068
Solvency
-109.8%
Total assets▲ 67.4%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2021
  1. 30-08-2023Annual accounts filed
  2. 16-08-2023Extension
  3. 04-05-2023Opening
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
23-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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