Immo Piot
ActiveSummary
Immo Piot has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €37k. Equity is growing by ~36.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81=
Solvency68▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.84 against 2.16 in 2024; short-term debt: 7.1% and cash: 45.9% of total assets), but 56.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
10%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 filingsDeviation from the deadline
2025
53 d late
2024
59 d late
2023
54 d late
2022
69 d late
2021
78 d late
2020
80 d late
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€161k▲ 30.1%
2024 · €124k
2018: €-359klowest in 8 years
2019: €-281k▲ +21.6% vs 2018
2020: €-287k▼ -2.0% vs 2019
2021: €-267k▲ +6.9% vs 2020
2022: €46k▲ +117% vs 2021
2023: €78k▲ +68.6% vs 2022
2024: €124k▲ +57.9% vs 2023
2025: €161k▲ +30.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€372k▼ 16.8%
2024 · €447k
2018: €1.64Mhighest in 8 years
2019: €1.14M▼ -30.1% vs 2018
2020: €1.15M▲ +0.5% vs 2019
2021: €586k▼ -49.1% vs 2020
2022: €532k▼ -9.3% vs 2021
2023: €438k▼ -17.7% vs 2022
2024: €447k▲ +2.2% vs 2023
2025: €372k▼ -16.8% vs 2024lowest in 8 years
2018 → 2025
Net result
€37k▼ 17.8%
2024 · €45k
2018: €30k
2019: €78k▲ +161% vs 2018highest in 8 years
2020: €-6k▼ -107% vs 2019lowest in 8 years
2021: €20k▲ +448% vs 2020
2022: €27k▲ +34.2% vs 2021
2023: €32k▲ +19.8% vs 2022
2024: €45k▲ +42.3% vs 2023
2025: €37k▼ -17.8% vs 2024
2018 → 2025
Working capital
€179k▲ 34.3%
2024 · €134k
2018: €-1.17Mlowest in 8 years
2019: €-932k▲ +20.2% vs 2018
2020: €-905k▲ +2.9% vs 2019
2021: €-414k▲ +54.3% vs 2020
2022: €-86k▲ +79.3% vs 2021
2023: €76k▲ +188% vs 2022
2024: €134k▲ +76.1% vs 2023
2025: €179k▲ +34.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-267k-€46k€78k▲ 68.6%€124k▲ 57.9%€161k▲ 30.1%
2021: €-267klowest in 5 years
2022: €46k▲ +117% vs 2021
2023: €78k▲ +68.6% vs 2022
2024: €124k▲ +57.9% vs 2023
2025: €161k▲ +30.1% vs 2024highest in 5 years
Operating result€27k-€33k▲ 22.7%€37k▲ 11.5%€46k▲ 22.3%€41k▼ 10.6%
2021: €27klowest in 5 years
2022: €33k▲ +22.7% vs 2021
2023: €37k▲ +11.5% vs 2022
2024: €46k▲ +22.3% vs 2023highest in 5 years
2025: €41k▼ -10.6% vs 2024
Net result€20k-€27k▲ 34.2%€32k▲ 19.8%€45k▲ 42.3%€37k▼ 17.8%
2021: €20klowest in 5 years
2022: €27k▲ +34.2% vs 2021
2023: €32k▲ +19.8% vs 2022
2024: €45k▲ +42.3% vs 2023highest in 5 years
2025: €37k▼ -17.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €372k
Fixed assets
€166k ▼ 16.0%
Current assets
€206k ▼ 17.5%
Equity and liabilities €372k
Equity
€161k ▲ 30.1%
Debt
€211k ▼ 34.8%
Debt's share of the balance-sheet total falls from 72.4% to 56.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▼
2024 · €77k
Cash flow
€69k▼
2024 · €77k
Current ratio
7.84▲
2024 · 2.16
Debt to equity
1.31▼
2024 · 2.62
ROE
23.2%▼
2024 · 36.7%
ROA
10.0%▼
2024 · 10.1%
Interest coverage
14.52▲
2024 · 14.30
Debt ≤ 1 year
€26k▼
2024 · €116k
Debt > 1 year
€185k▼
2024 · €204k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€447k€372k▼
Fixed assets21/28€198k€166k▼
Tangible fixed assets22/27€198k€166k▼
Land and buildings22€198k€166k▼
Current assets29/58€249k€206k▼
Amounts receivable within one year40/41€114k€35k▼
Other amounts receivable41€114k€35k▼
Cash at bank and in hand54/58€130k€171k▲
Deferred charges and accrued income490/1€5k€202▼
Equity and liabilities
Total equity and liabilities10/49€447k€372k▼
Equity10/15€124k€161k▲
Contributions10/11€523k€523k=
Profit (loss) carried forward14€-399k€-362k▲
Amounts payable17/49€323k€211k▼
Amounts payable after more than one year17€204k€185k▼
Financial debts170/4€204k€185k▼
Amounts payable within one year42/48€116k€26k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44-€7k
Suppliers440/4-€7k
Other amounts payable47/48€96k-
Accrued charges and deferred income492/3€4k€125▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k=
Other operating charges640/8€9k€9k▲
Gross operating margin9900€86k€82k▼
Operating profit (loss)9901€46k€41k▼
Financial income75/76B€5k€1k▼
Recurring financial income75€5k€1k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€45k€37k▼
Profit (loss) for the period9904€45k€37k▼
Profit (loss) for the period to be appropriated9905€45k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-399k€-362k▲
Profit (loss) brought forward from the previous period14P€-445k€-399k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €32k | €32k | €32k | €32k | = |
| Other operating charges640/8 | €9k | €8k | €9k | €9k | €9k | ▲ 3.1% |
| Gross operating margin9900 | €68k | €74k | €78k | €86k | €82k | ▼ 5.3% |
| Operating profit (loss)9901 | €27k | €33k | €37k | €46k | €41k | ▼ 10.6% |
| Financial income75/76B | - | - | €9 | €5k | €1k | ▼ 71.4% |
| Recurring financial income75 | - | - | €9 | €5k | €1k | ▼ 71.4% |
| Financial charges65/66B | €7k | €7k | €5k | €5k | €5k | ▼ 7.7% |
| Recurring financial charges65 | €7k | €7k | €5k | €5k | €5k | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €20k | €27k | €32k | €45k | €37k | ▼ 17.8% |
| Profit (loss) for the period9904 | €20k | €27k | €32k | €45k | €37k | ▼ 17.8% |
| Profit (loss) for the period to be appropriated9905 | €20k | €27k | €32k | €45k | €37k | ▼ 17.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €586k | €532k | €438k | €447k | €372k | ▼ 16.8% |
| Fixed assets21/28 | €492k | €461k | €229k | €198k | €166k | ▼ 16.0% |
| Tangible fixed assets22/27 | €492k | €461k | €229k | €198k | €166k | ▼ 16.0% |
| Land and buildings22 | €292k | €261k | €229k | €198k | €166k | ▼ 16.0% |
| Assets under construction and advance payments27 | €200k | €200k | - | - | - | - |
| Current assets29/58 | €93k | €71k | €208k | €249k | €206k | ▼ 17.5% |
| Amounts receivable within one year40/41 | €73k | - | €114k | €114k | €35k | ▼ 69.5% |
| Trade receivables40 | €1k | - | - | - | - | - |
| Other amounts receivable41 | €72k | - | €114k | €114k | €35k | ▼ 69.5% |
| Cash at bank and in hand54/58 | €1k | €69k | €94k | €130k | €171k | ▲ 31.1% |
| Deferred charges and accrued income490/1 | €19k | €2k | €178 | €5k | €202 | ▼ 96.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €586k | €532k | €438k | €447k | €372k | ▼ 16.8% |
| Equity10/15 | €-267k | €46k | €78k | €124k | €161k | ▲ 30.1% |
| Contributions10/11 | €236k | €523k | €523k | €523k | €523k | = |
| Profit (loss) carried forward14 | €-503k | €-477k | €-445k | €-399k | €-362k | ▲ 9.3% |
| Amounts payable17/49 | €853k | €485k | €359k | €323k | €211k | ▼ 34.8% |
| Amounts payable after more than one year17 | €344k | €325k | €223k | €204k | €185k | ▼ 9.6% |
| Financial debts170/4 | €344k | €325k | €223k | €204k | €185k | ▼ 9.6% |
| Amounts payable within one year42/48 | €507k | €156k | €132k | €116k | €26k | ▼ 77.3% |
| Current portion of amounts payable after more than one year42 | €18k | €19k | €19k | €19k | €20k | ▲ 1.7% |
| Trade debts44 | €2k | €529 | €783 | - | €7k | - |
| Suppliers440/4 | €2k | €529 | €783 | - | €7k | - |
| Other amounts payable47/48 | €487k | €137k | €113k | €96k | - | - |
| Accrued charges and deferred income492/3 | €2k | €3k | €3k | €4k | €125 | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €27k | €32k | €45k | €37k | ▼ 17.8% |
| + Depreciation and write-downs630 | €32k | €32k | €32k | €32k | €32k | = |
| Operating cash flow (approximation) | €51k | €58k | €63k | €77k | €69k | ▼ 10.5% |
| Investment in fixed assets (approximation) | - | €0 | €200k | €0 | €0 | - |
| Change in cash | - | €68k | €25k | €36k | €41k | ▲ 12.9% |
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
Next filing, fiscal year 2026, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 7.84
Current ratio from 2.16 to 7.84; short-term debt falls from €116k to €26k.
31-12
Financial
Equity above €150kEq €161k ▲30.1%
5 profitable years in a row build equity to €161k.
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Equity above €100kEq €124k ▲57.9%
4 profitable years in a row build equity to €124k.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 1.57
Current ratio from 0.45 to 1.57; short-term debt falls from €156k to €132k.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
Show earlier events
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Highest result since 2018net €78k ▲161%
Operating result €90k, net result €78k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Leuven · 1 establishment unit since 2009
Ground area
8,056 m²
Building footprint
2,636 m²
Volume, LiDAR
38,345 m³
2 parcels, Flanders · tallest building 26.1 m, ±5 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
IMMO PIOT
since 20092.211.424.806
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504D0891/00S000 | Flanders | 7,561 m² | 1 · 2,194 m² | 26.1 m · 5 fl. |
| 24502B0920/00C000 | Flanders | 495 m² | 1 · 442 m² | 13.5 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded23-06-2009
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.