IMMO R.J.
ActiveSummary
IMMO R.J. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €10k. Equity is growing by ~8.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency83▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 29.2% and cash: 0.4% of total assets), and 41.7% 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
58.3%
Return on assets
5.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
14 d early
2023
6 d early
2022
18 d early
2021
2 d early
2020
45 d early
2019
46 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
€116k▲ 7.8%
2024 · €108k
2018: €64klowest in 8 years
2019: €70k▲ +9.0% vs 2018
2020: €78k▲ +11.8% vs 2019
2021: €86k▲ +9.5% vs 2020
2022: €93k▲ +8.4% vs 2021
2023: €100k▲ +7.8% vs 2022
2024: €108k▲ +7.8% vs 2023
2025: €116k▲ +7.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€199k▼ 4.1%
2024 · €208k
2018: €270khighest in 8 years
2019: €254k▼ -6.0% vs 2018
2020: €242k▼ -4.7% vs 2019
2021: €233k▼ -3.5% vs 2020
2022: €225k▼ -3.7% vs 2021
2023: €218k▼ -3.2% vs 2022
2024: €208k▼ -4.5% vs 2023
2025: €199k▼ -4.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€10k▲ 5.7%
2024 · €10k
2018: €8k
2019: €7k▼ -7.6% vs 2018lowest in 8 years
2020: €10k▲ +33.4% vs 2019
2021: €9k▼ -8.7% vs 2020
2022: €9k▼ -2.4% vs 2021
2023: €9k▲ +1.4% vs 2022
2024: €10k▲ +6.9% vs 2023
2025: €10k▲ +5.7% vs 2024highest in 8 years
2018 → 2025
Working capital
€-57k▼ 12.4%
2024 · €-51k
2018: €-18khighest in 8 years
2019: €-23k▼ -28.9% vs 2018
2020: €-28k▼ -23.2% vs 2019
2021: €-33k▼ -16.7% vs 2020
2022: €-39k▼ -18.8% vs 2021
2023: €-45k▼ -15.8% vs 2022
2024: €-51k▼ -13.9% vs 2023
2025: €-57k▼ -12.4% vs 2024lowest 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€86k-€93k▲ 8.4%€100k▲ 7.8%€108k▲ 7.8%€116k▲ 7.8%
2021: €86klowest in 5 years
2022: €93k▲ +8.4% vs 2021
2023: €100k▲ +7.8% vs 2022
2024: €108k▲ +7.8% vs 2023
2025: €116k▲ +7.8% vs 2024highest in 5 years
Operating result€18k-€17k▼ 5.2%€16k▼ 2.3%€17k▲ 0.9%€17k▲ 1.3%
2021: €18khighest in 5 years
2022: €17k▼ -5.2% vs 2021
2023: €16k▼ -2.3% vs 2022lowest in 5 years
2024: €17k▲ +0.9% vs 2023
2025: €17k▲ +1.3% vs 2024
Net result€9k-€9k▼ 2.4%€9k▲ 1.4%€10k▲ 6.9%€10k▲ 5.7%
2021: €9k
2022: €9k▼ -2.4% vs 2021lowest in 5 years
2023: €9k▲ +1.4% vs 2022
2024: €10k▲ +6.9% vs 2023
2025: €10k▲ +5.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€198k ▼ 4.1%
Current assets
€895 ▼ 6.1%
Equity and liabilities €199k
Equity
€116k ▲ 7.8%
Debt
€83k ▼ 16.9%
Debt's share of the balance-sheet total falls from 48.1% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €25k
Cash flow
€19k▲
2024 · €18k
Current ratio
0.02▼
2024 · 0.02
Debt to equity
0.71▼
2024 · 0.93
ROE
8.7%▼
2024 · 8.8%
ROA
5.1%▲
2024 · 4.6%
Interest coverage
12.76▲
2024 · 9.71
Debt ≤ 1 year
€58k▲
2024 · €52k
Debt > 1 year
€25k▼
2024 · €48k
Income taxes
€5k▲
2024 · €4k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€208k€199k▼
Fixed assets21/28€207k€198k▼
Tangible fixed assets22/27€207k€198k▼
Land and buildings22€207k€198k▼
Current assets29/58€953€895▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€953€895▼
Equity and liabilities
Total equity and liabilities10/49€208k€199k▼
Equity10/15€108k€116k▲
Contributions10/11€19k€19k=
Reserves13€89k€98k▲
Distributable reserves133€89k€98k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€100k€83k▼
Amounts payable after more than one year17€48k€25k▼
Financial debts170/4€48k€25k▼
Amounts payable within one year42/48€52k€58k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€596€79▼
Suppliers440/4€596€79▼
Taxes, remuneration and social security45€451€1k▲
Taxes450/3€451€1k▲
Other amounts payable47/48€28k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€3k€3k=
Gross operating margin9900€28k€28k▲
Operating profit (loss)9901€17k€17k▲
Financial income75/76B-€77
Recurring financial income75-€77
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€14k€15k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€10k€10k▲
Profit (loss) for the period to be appropriated9905€10k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€10k▲
Transfer from equity791/2€2k€2k▼
Transfer to equity691/2€10k€10k▲
To other reserves6921€10k€10k▲
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
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 | €8k | €8k | €8k | €8k | €8k | = |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €3k | = |
| Gross operating margin9900 | €28k | €28k | €27k | €28k | €28k | ▲ 0.8% |
| Operating profit (loss)9901 | €18k | €17k | €16k | €17k | €17k | ▲ 1.3% |
| Financial income75/76B | €0 | - | - | - | €77 | - |
| Recurring financial income75 | €0 | - | - | - | €77 | - |
| Financial charges65/66B | €4k | €4k | €3k | €3k | €2k | ▼ 23.2% |
| Recurring financial charges65 | €4k | €4k | €3k | €3k | €2k | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | €13k | €13k | €13k | €14k | €15k | ▲ 6.3% |
| Income taxes67/77 | €4k | €4k | €4k | €4k | €5k | ▲ 7.8% |
| Profit (loss) for the period9904 | €9k | €9k | €9k | €10k | €10k | ▲ 5.7% |
| Profit (loss) for the period to be appropriated9905 | €9k | €9k | €9k | €10k | €10k | ▲ 5.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233k | €225k | €218k | €208k | €199k | ▼ 4.1% |
| Fixed assets21/28 | €232k | €224k | €215k | €207k | €198k | ▼ 4.1% |
| Tangible fixed assets22/27 | €232k | €224k | €215k | €207k | €198k | ▼ 4.1% |
| Land and buildings22 | €232k | €224k | €215k | €207k | €198k | ▼ 4.1% |
| Current assets29/58 | €1k | €1k | €2k | €953 | €895 | ▼ 6.1% |
| Amounts receivable within one year40/41 | - | - | €310 | €0 | - | - |
| Other amounts receivable41 | - | - | €310 | €0 | - | - |
| Cash at bank and in hand54/58 | €1k | €1k | €2k | €953 | €895 | ▼ 6.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233k | €225k | €218k | €208k | €199k | ▼ 4.1% |
| Equity10/15 | €86k | €93k | €100k | €108k | €116k | ▲ 7.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €67k | €74k | €81k | €89k | €98k | ▲ 9.4% |
| Non-distributable reserves130/1 | €4k | €4k | €0 | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | €0 | - | - | - |
| Distributable reserves133 | €63k | €70k | €81k | €89k | €98k | ▲ 9.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €148k | €132k | €118k | €100k | €83k | ▼ 16.9% |
| Amounts payable after more than one year17 | €113k | €92k | €71k | €48k | €25k | ▼ 48.2% |
| Financial debts170/4 | €113k | €92k | €71k | €48k | €25k | ▼ 48.2% |
| Amounts payable within one year42/48 | €34k | €40k | €47k | €52k | €58k | ▲ 12.1% |
| Current portion of amounts payable after more than one year42 | €20k | €21k | €22k | €22k | €23k | ▲ 3.1% |
| Trade debts44 | €348 | €134 | €57 | €596 | €79 | ▼ 86.7% |
| Suppliers440/4 | €348 | €134 | €57 | €596 | €79 | ▼ 86.7% |
| Taxes, remuneration and social security45 | €939 | €402 | €146 | €451 | €1k | ▲ 177% |
| Taxes450/3 | €939 | €402 | €146 | €451 | €1k | ▲ 177% |
| Other amounts payable47/48 | €12k | €18k | €25k | €28k | €34k | ▲ 18.6% |
| Accrued charges and deferred income492/3 | €606 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €9k | €9k | €10k | €10k | ▲ 5.7% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €8k | €8k | = |
| Operating cash flow (approximation) | €17k | €17k | €17k | €18k | €19k | ▲ 3.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-218 | €983 | €-1k | €-58 | ▲ 94.7% |
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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €10k ▲5.7%
Net result €10k, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €100k ▲7.8%
6 profitable years in a row build equity to €100k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Weakest financial yearnet €7k ▼7.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 1988
Ground area
301 m²
Building footprint
275 m²
Volume, LiDAR
3,439 m³
Parcel 73083C0165/00E000, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
IMMO R.J.
since 19882.292.136.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083C0165/00E000 | Flanders | 301 m² | 1 · 275 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-1988
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.