IMMO RITTWEGER
ActiveSummary
IMMO RITTWEGER has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.36M and a net result of €85k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 80% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 3.13 in 2023; short-term debt: 23.2% and cash: 48.5% of total assets), and 25.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 68
lower
← 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 2024Solvency, return and age of the figures
Solvency
74.7%
Return on assets
4.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
33 d early
2022
33 d early
2021
30 d early
2020
17 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€85k▼ 9.7%
2023 · €94k
2018: €110k
2019: €157k
2020: €167k
2021: €1.36M
2022: €78k
2023: €94k
2018 → 2024
Working capital
€821k▲ 6.7%
2023 · €769k
2018: €443k
2019: €392k
2020: €383k
2021: €729k
2022: €751k
2023: €769k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.34M-€1.36M▲ 1.1%€1.36M=€1.36M▲ 0.3%€1.36M▲ 0.4%
Operating result€240k-€1.84M▲ 666%€110k▼ 94.0%€130k▲ 18.1%€124k▼ 4.7%
Net result€167k-€1.36M▲ 716%€78k▼ 94.3%€94k▲ 20.4%€85k▼ 9.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.83M
Fixed assets
€581k ▼ 1.7%
Current assets
€1.25M ▲ 10.1%
Equity and liabilities €1.83M
Equity
€1.36M ▲ 0.4%
Debt
€462k ▲ 27.5%
Debt's share of the balance-sheet total rises from 21.0% to 25.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€202k▼
2023 · €209k
Cash flow
€163k▼
2023 · €173k
Current ratio
2.93▼
2023 · 3.13
Debt to equity
0.34▲
2023 · 0.27
ROE
6.2%▼
2023 · 6.9%
ROA
4.7%▼
2023 · 5.5%
Interest coverage
32.11▼
2023 · 53.72
Debt ≤ 1 year
€425k▲
2023 · €361k
Debt > 1 year
€32k
Income taxes
€33k▲
2023 · €32k
Staff costs
€28k▲
2023 · €7k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.72M€1.83M▲
Fixed assets21/28€591k€581k▼
Tangible fixed assets22/27€591k€581k▼
Land and buildings22€588k€532k▼
Furniture and vehicles24€3k€50k▲
Current assets29/58€1.13M€1.25M▲
Amounts receivable within one year40/41€297k€310k▲
Trade receivables40€2k€269▼
Other amounts receivable41€296k€309k▲
Cash at bank and in hand54/58€771k€885k▲
Deferred charges and accrued income490/1€62k€50k▼
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.83M▲
Equity10/15€1.36M€1.36M▲
Contributions10/11€1.23M€1.23M=
Capital10€1.23M€1.23M=
Issued capital100€1.23M€1.23M=
Reserves13€130k€135k▲
Non-distributable reserves130/1€123k€123k=
Legal reserve130€123k€123k=
Distributable reserves133€7k€12k▲
Amounts payable17/49€362k€462k▲
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€361k€425k▲
Current portion of amounts payable after more than one year42€48k€9k▼
Financial debts43-€10k
Other loans439-€10k
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€41k€45k▲
Taxes450/3€41k€45k▲
Remuneration and social security454/9€400€418▲
Other amounts payable47/48€261k€354k▲
Accrued charges and deferred income492/3€821€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€7k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€78k▼
Other operating charges640/8€37k€40k▲
Gross operating margin9900€253k€270k▲
Operating profit (loss)9901€130k€124k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€126k€118k▼
Income taxes67/77€32k€33k▲
Profit (loss) for the period9904€94k€85k▼
Profit (loss) for the period to be appropriated9905€94k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€85k▼
Transfer to equity691/2€4k€5k▲
To other reserves6921€4k€5k▲
Profit to be distributed694/7€90k€80k▼
Return on contributions (dividend)694€90k€80k▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €78k ▼94.3%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.86
Current ratio from 1.47 to 3.86; short-term debt falls from €1.57M to €262k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €1.36M ▲716%
Operating result €1.84M, net result €1.36M, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Jans-Molenbeek · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schipstraat 141080 Sint-Jans-MolenbeekGround area
196 m²
Building footprint
323 m²
Volume, LiDAR
3,918 m³
Parcel 21523B0943/00K031, Brussels · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IMMO RITTWEGER
since 19862.230.443.734
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0943/00K031 | Brussels | 196 m² | 1 · 323 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
THIERRY EVRARD
BE 0466.306.219
Ukkel · Eq €1,364,733
TEN ROYE
BE 0469.453.868
Herk-de-Stad · Eq €1,364,056
Decobu Immo
BE 0459.610.744
Aalter · Eq €1,363,977
FILOCIAN
BE 0447.577.497
Etterbeek · Eq €1,366,197
IMMO MEIR
BE 0435.528.416
Elsene · Eq €1,366,250
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,645 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-01-1986
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gildebat.s.a@skynet.be
Phone:02/5215960