IMMO RI - DES
ActiveSummary
IMMO RI - DES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €864k and a net result of €129k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 35% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+6
Solvency47▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.72 in 2024; short-term debt: 14.3% and cash: 0.7% of total assets), and 78% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
22%
Return on assets
3.3%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
20 d early
2022
16 d late
2021
19 d early
2020
25 d late
2019
66 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€129k▲ 336%
2024 · €30k
2018: €78k
2019: €24k▼ -70.0% vs 2018lowest in 8 years
2020: €117k▲ +399% vs 2019
2021: €145k▲ +23.3% vs 2020highest in 8 years
2022: €126k▼ -13.0% vs 2021
2023: €35k▼ -72.3% vs 2022
2024: €30k▼ -15.4% vs 2023
2025: €129k▲ +336% vs 2024
2018 → 2025
Working capital
€142▼ 99.9%
2024 · €250k
2018: €312k
2019: €321k▲ +2.8% vs 2018
2020: €365k▲ +13.8% vs 2019
2021: €403k▲ +10.3% vs 2020
2022: €419k▲ +4.1% vs 2021
2023: €681k▲ +62.4% vs 2022highest in 8 years
2024: €250k▼ -63.3% vs 2023
2025: €142▼ -99.9% 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€545k-€671k▲ 23.1%€706k▲ 5.2%€736k▲ 4.2%€864k▲ 17.5%
2021: €545klowest in 5 years
2022: €671k▲ +23.1% vs 2021
2023: €706k▲ +5.2% vs 2022
2024: €736k▲ +4.2% vs 2023
2025: €864k▲ +17.5% vs 2024highest in 5 years
Operating result€143k-€129k▼ 10.0%€65k▼ 49.4%€119k▲ 82.0%€229k▲ 92.9%
2021: €143k
2022: €129k▼ -10.0% vs 2021
2023: €65k▼ -49.4% vs 2022lowest in 5 years
2024: €119k▲ +82.0% vs 2023
2025: €229k▲ +92.9% vs 2024highest in 5 years
Net result€145k-€126k▼ 13.0%€35k▼ 72.3%€30k▼ 15.4%€129k▲ 336%
2021: €145khighest in 5 years
2022: €126k▼ -13.0% vs 2021
2023: €35k▼ -72.3% vs 2022
2024: €30k▼ -15.4% vs 2023lowest in 5 years
2025: €129k▲ +336% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.92M
Fixed assets
€3.36M ▲ 2.9%
Current assets
€559k ▼ 6.0%
Equity and liabilities €3.92M
Equity
€864k ▲ 17.5%
Debt
€3.06M ▼ 2.2%
Debt's share of the balance-sheet total falls from 81.0% to 78.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€341k▲
2024 · €272k
Cash flow
€240k▲
2024 · €183k
Current ratio
1.00▼
2024 · 1.72
Debt to equity
3.54▼
2024 · 4.25
ROE
14.9%▲
2024 · 4.0%
ROA
3.3%▲
2024 · 0.8%
Interest coverage
3.17▲
2024 · 2.83
Debt ≤ 1 year
€559k▲
2024 · €346k
Debt > 1 year
€2.50M▼
2024 · €2.78M
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.86M€3.92M▲
Fixed assets21/28€3.27M€3.36M▲
Tangible fixed assets22/27€3.27M€3.36M▲
Land and buildings22€3.22M€3.32M▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€41k€40k▼
Assets under construction and advance payments27€0-
Current assets29/58€595k€559k▼
Amounts receivable after more than one year29€250k€250k=
Other amounts receivable291€250k€250k=
Amounts receivable within one year40/41€269k€276k▲
Other amounts receivable41€269k€276k▲
Cash at bank and in hand54/58€70k€27k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€3.86M€3.92M▲
Equity10/15€736k€864k▲
Contributions10/11€356k€356k=
Capital10€356k€356k=
Issued capital100€356k€356k=
Revaluation surpluses12€717k€717k=
Reserves13€34k€34k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-371k€-243k▲
Amounts payable17/49€3.13M€3.06M▼
Amounts payable after more than one year17€2.78M€2.50M▼
Financial debts170/4€2.78M€2.50M▼
Amounts payable within one year42/48€346k€559k▲
Current portion of amounts payable after more than one year42€277k€283k▲
Trade debts44€49k€256k▲
Suppliers440/4€49k€256k▲
Advances received on contracts in progress46€20k€20k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153k€111k▼
Other operating charges640/8€18k€19k▲
Gross operating margin9900€290k€359k▲
Operating profit (loss)9901€119k€229k▲
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€96k€108k▲
Recurring financial charges65€96k€108k▲
Profit (loss) for the period before taxes9903€30k€129k▲
Profit (loss) for the period9904€30k€129k▲
Profit (loss) for the period to be appropriated9905€30k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-371k€-243k▲
Profit (loss) brought forward from the previous period14P€-401k€-371k▲
The notes to these accounts (14 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 | - | €915 | €10k | €153k | €111k | ▼ 27.3% |
| Other operating charges640/8 | €15k | €16k | €17k | €18k | €19k | ▲ 3.8% |
| Gross operating margin9900 | €159k | €146k | €92k | €290k | €359k | ▲ 23.9% |
| Operating profit (loss)9901 | €143k | €129k | €65k | €119k | €229k | ▲ 92.9% |
| Financial income75/76B | €11k | €6k | €7k | €7k | €7k | ▲ 2.0% |
| Recurring financial income75 | €11k | €6k | €7k | €7k | €7k | ▲ 2.0% |
| Financial charges65/66B | €10k | €10k | €37k | €96k | €108k | ▲ 11.9% |
| Recurring financial charges65 | €10k | €10k | €37k | €96k | €108k | ▲ 11.9% |
| Profit (loss) for the period before taxes9903 | €145k | €126k | €35k | €30k | €129k | ▲ 336% |
| Profit (loss) for the period9904 | €145k | €126k | €35k | €30k | €129k | ▲ 336% |
| Profit (loss) for the period to be appropriated9905 | €145k | €126k | €35k | €30k | €129k | ▲ 336% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.49M | €1.61M | €3.58M | €3.86M | €3.92M | ▲ 1.5% |
| Fixed assets21/28 | €981k | €1.06M | €2.65M | €3.27M | €3.36M | ▲ 2.9% |
| Tangible fixed assets22/27 | €981k | €1.06M | €2.65M | €3.27M | €3.36M | ▲ 2.9% |
| Land and buildings22 | €981k | €1.06M | €1.07M | €3.22M | €3.32M | ▲ 3.0% |
| Plant, machinery and equipment23 | - | - | - | €3k | €2k | ▼ 23.3% |
| Furniture and vehicles24 | - | - | - | €41k | €40k | ▼ 2.1% |
| Assets under construction and advance payments27 | - | - | €1.58M | €0 | - | - |
| Current assets29/58 | €511k | €554k | €931k | €595k | €559k | ▼ 6.0% |
| Amounts receivable after more than one year29 | €250k | €250k | €250k | €250k | €250k | = |
| Other amounts receivable291 | €250k | €250k | €250k | €250k | €250k | = |
| Amounts receivable within one year40/41 | €226k | €274k | €662k | €269k | €276k | ▲ 2.5% |
| Trade receivables40 | €524 | €0 | - | - | - | - |
| Other amounts receivable41 | €226k | €274k | €662k | €269k | €276k | ▲ 2.5% |
| Cash at bank and in hand54/58 | €24k | €24k | €7k | €70k | €27k | ▼ 61.3% |
| Deferred charges and accrued income490/1 | €11k | €6k | €12k | €7k | €7k | ▲ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.49M | €1.61M | €3.58M | €3.86M | €3.92M | ▲ 1.5% |
| Equity10/15 | €545k | €671k | €706k | €736k | €864k | ▲ 17.5% |
| Contributions10/11 | €356k | €356k | €356k | €356k | €356k | = |
| Capital10 | €356k | €356k | €356k | €356k | €356k | = |
| Issued capital100 | €356k | €356k | €356k | €356k | €356k | = |
| Revaluation surpluses12 | €717k | €717k | €717k | €717k | €717k | = |
| Reserves13 | €34k | €34k | €34k | €34k | €34k | = |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €26k | €26k | €26k | €26k | €26k | = |
| Profit (loss) carried forward14 | €-561k | €-436k | €-401k | €-371k | €-243k | ▲ 34.7% |
| Amounts payable17/49 | €947k | €940k | €2.87M | €3.13M | €3.06M | ▼ 2.2% |
| Amounts payable after more than one year17 | €839k | €805k | €2.62M | €2.78M | €2.50M | ▼ 10.2% |
| Financial debts170/4 | €839k | €805k | €2.62M | €2.78M | €2.50M | ▼ 10.2% |
| Amounts payable within one year42/48 | €109k | €135k | €250k | €346k | €559k | ▲ 61.8% |
| Current portion of amounts payable after more than one year42 | €107k | €121k | €187k | €277k | €283k | ▲ 2.3% |
| Trade debts44 | €868 | €14k | €62k | €49k | €256k | ▲ 425% |
| Suppliers440/4 | €868 | €14k | €62k | €49k | €256k | ▲ 425% |
| Advances received on contracts in progress46 | - | - | - | €20k | €20k | = |
| Other amounts payable47/48 | €592 | €592 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €3k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €145k | €126k | €35k | €30k | €129k | ▲ 336% |
| + Depreciation and write-downs630 | - | €915 | €10k | €153k | €111k | ▼ 27.3% |
| Operating cash flow (approximation) | €145k | €127k | €45k | €183k | €240k | ▲ 31.4% |
| Investment in fixed assets (approximation) | - | €-77k | €-1.60M | €-775k | €-207k | ▲ 73.3% |
| Change in cash | - | €391 | €-17k | €63k | €-43k | ▼ 168% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €145k ▲23.3%
Net result €145k, the highest in the series.
31-12
Financial
Equity above €500kEq €545k ▲36.1%
4 profitable years in a row build equity to €545k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
31-12
Financial
Weakest financial yearnet €24k ▼70%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
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, Laarne · 1 establishment unit since 1990
Ground area
6,327 m²
Building footprint
3,207 m²
Volume, LiDAR
18,382 m³
Parcel 42009B0844/00G000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
IMMO-RIDES
since 19902.046.999.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009B0844/00G000 | Flanders | 6,326 m² | 1 · 3,207 m² | 10.3 m · 2 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 3,913 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.