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IMMO SABLON

Active
Public limited companyfounded 200323 yrs activeLouizalaan 557, 1050 Brussel, BelgiumKBO/BCE: BE 0479.765.265
Summary

The computed 12-month bankruptcy probability of IMMO SABLON is 1.6% (moderate). The 2025 annual accounts show equity of €180,502 and a net result of €39,693. Equity is shrinking by ~8.3% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability95▲+41
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
short-term debt: 0.2% and cash: 0.7% of total assets, and 3.8% of the assets are financed with debt.
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.2%
Return on assets
21.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
31 d early
2023
on the day
2022
7 d early
2021
6 d early
2020
11 d early
2019
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMMO SABLON was incorporated on 14 March 2003.1 The registered office was moved to Bruxelles in 2026.2 Total assets fell from EUR 278,649 in 2018 to EUR 187,556 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 31-03-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€180,502▲ 28.2%
2024 · €140,809
Total assets
€187,556▲ 17.6%
2024 · €159,462
Net result
€39,693
2024 · -€18,266
Working capital
€52,611
2024 · -€14,694
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€19,036▼ 1.0%-€15,536▲ 18.4%-€11,226▲ 27.7%-€18,059▼ 60.9%€38,990
Net result-€19,156▼ 1.1%-€15,801▲ 17.5%-€11,499▲ 27.2%-€18,266▼ 58.8%€39,693
Equity€186,375▼ 9.3%€170,575▼ 8.5%€159,075▼ 6.7%€140,809▼ 11.5%€180,502▲ 28.2%
Total assets€225,944▼ 7.8%€210,143▼ 7.0%€190,228▼ 9.5%€159,462▼ 16.2%€187,556▲ 17.6%
Debt€39,568=€39,568=€31,153▼ 21.3%€18,653▼ 40.1%€7,054▼ 62.2%
Working capital-€25,957▲ 6.4%-€20,829▲ 19.8%-€11,498▲ 44.8%-€14,694▼ 27.8%€52,611
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€19,036-€19,036Net result 2021: -€19,156-€19,156Operating result 2022: -€15,536-€15,536Net result 2022: -€15,801-€15,801Operating result 2023: -€11,226-€11,226Net result 2023: -€11,499-€11,499Operating result 2024: -€18,059-€18,059Net result 2024: -€18,266-€18,266Operating result 2025: €38,990€38,990Net result 2025: €39,693€39,69320212022202320242025-€20,000€0€20,000€40,000Operating result 2023: -€11,226-€11,200Net result 2023: -€11,499-€11,500Operating result 2024: -€18,059-€18,100Net result 2024: -€18,266-€18,300Operating result 2025: €38,990€39,000Net result 2025: €39,693€39,700202320242025
The operating result returns to profit in 2025: €38,990 after a loss of €18,059 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,556
Fixed assets €134,557 ▼ 13.5%
Current assets €52,998 ▲ 1,239%
Equity and liabilities €187,556
Equity €180,502 ▲ 28.2%
Debt €7,054 ▼ 62.2%
Debt's share of the balance-sheet total falls from 11.7% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59,935▲
2024 · €4,211
Cash flow
€60,638▲
2024 · €4,004
Debt to equity
0.04▼
2024 · 0.13
ROE
22.0%▲
2024 · -13.0%
ROA
21.2%▲
2024 · -11.5%
Interest coverage
313.50▲
2024 · 20.26
Debt ≤ 1 year
€387▼
2024 · €18,653
A ratio outside any meaningful range has been withheld (balance sheet total €187,556, equity €180,502).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€159,462€187,556▲
Fixed assets21/28€155,503€134,557▼
Tangible fixed assets22/27€155,503€134,557▼
Land and buildings22€142,259€130,238▼
Plant, machinery and equipment23€7,484€0▼
Other tangible fixed assets26€5,760€4,320▼
Current assets29/58€3,959€52,998▲
Amounts receivable within one year40/41-€51,658
Other amounts receivable41-€51,658
Cash at bank and in hand54/58€3,959€1,340▼
Equity and liabilities
Total equity and liabilities10/49€159,462€187,556▲
Equity10/15€140,809€180,502▲
Contributions10/11€530,000€530,000=
Capital10€530,000€530,000=
Issued capital100€530,000€530,000=
Profit (loss) carried forward14-€389,191-€349,498▲
Amounts payable17/49€18,653€7,054▼
Amounts payable within one year42/48€18,653€387▼
Trade debts44-€387
Suppliers440/4-€387
Other amounts payable47/48€18,653€0▼
Accrued charges and deferred income492/3-€6,667
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,270€20,945▼
Other operating charges640/8€4,345€4,469▲
Gross operating margin9900€8,556€64,404▲
Operating profit (loss)9901-€18,059€38,990▲
Financial income75/76B-€894
Recurring financial income75-€894
Financial charges65/66B€208€191▼
Recurring financial charges65€208€191▼
Profit (loss) for the period before taxes9903-€18,266€39,693▲
Profit (loss) for the period9904-€18,266€39,693▲
Profit (loss) for the period to be appropriated9905-€18,266€39,693▲
Appropriation of the result
Profit (loss) to be appropriated9906-€389,191-€349,498▲
Profit (loss) brought forward from the previous period14P-€370,925-€389,191▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,929€20,929€20,830€22,270€20,945▼ 5.9%
Other operating charges640/8€3,736€3,793€4,261€4,345€4,469▲ 2.9%
Gross operating margin9900€5,629€9,186€13,866€8,556€64,404▲ 653%
Operating profit (loss)9901-€19,036-€15,536-€11,226-€18,059€38,990▲ 316%
Financial income75/76B----€894-
Recurring financial income75----€894-
Financial charges65/66B€119€265€274€208€191▼ 8.0%
Recurring financial charges65€119€265€274€208€191▼ 8.0%
Profit (loss) for the period before taxes9903-€19,156-€15,801-€11,499-€18,266€39,693▲ 317%
Profit (loss) for the period9904-€19,156-€15,801-€11,499-€18,266€39,693▲ 317%
Profit (loss) for the period to be appropriated9905-€19,156-€15,801-€11,499-€18,266€39,693▲ 317%
Line20212022202320242025Change
Assets
Total assets20/58€225,944€210,143€190,228€159,462€187,556▲ 17.6%
Fixed assets21/28€212,333€191,403€170,573€155,503€134,557▼ 13.5%
Tangible fixed assets22/27€212,333€191,403€170,573€155,503€134,557▼ 13.5%
Land and buildings22€194,331€176,974€159,616€142,259€130,238▼ 8.5%
Plant, machinery and equipment23€13,975€11,745€9,615€7,484€0▼ 100%
Other tangible fixed assets26€4,026€2,684€1,342€5,760€4,320▼ 25.0%
Current assets29/58€13,611€18,740€19,655€3,959€52,998▲ 1,239%
Amounts receivable within one year40/41€3,388€3,388--€51,658-
Other amounts receivable41€3,388€3,388--€51,658-
Cash at bank and in hand54/58€10,223€14,877€19,655€3,959€1,340▼ 66.1%
Deferred charges and accrued income490/1-€474----
Equity and liabilities
Total equity and liabilities10/49€225,944€210,143€190,228€159,462€187,556▲ 17.6%
Equity10/15€186,375€170,575€159,075€140,809€180,502▲ 28.2%
Contributions10/11€530,000€530,000€530,000€530,000€530,000=
Capital10€530,000€530,000€530,000€530,000€530,000=
Issued capital100€530,000€530,000€530,000€530,000€530,000=
Profit (loss) carried forward14-€343,625-€359,425-€370,925-€389,191-€349,498▲ 10.2%
Amounts payable17/49€39,568€39,568€31,153€18,653€7,054▼ 62.2%
Amounts payable within one year42/48€39,568€39,568€31,153€18,653€387▼ 97.9%
Trade debts44€3,315€3,315--€387-
Suppliers440/4€3,315€3,315--€387-
Other amounts payable47/48€36,253€36,253€31,153€18,653€0▼ 100%
Accrued charges and deferred income492/3----€6,667-
Line20212022202320242025Change
Profit (loss) for the period9904-€19,156-€15,801-€11,499-€18,266€39,693▲ 317%
+ Depreciation and write-downs630€20,929€20,929€20,830€22,270€20,945▼ 5.9%
Operating cash flow (approximation)€1,774€5,129€9,331€4,004€60,638▲ 1,415%
Investment in fixed assets (approximation)-€0€0-€7,200€0▲ 100%
Change in cash-€4,655€4,778-€15,696-€2,619▲ 83.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
State Gazette act Capital & shares · Statutes amendment
Capital decrease · Capital · Power of attorney6 facts ▸
  • General meeting, 17-07-2026
  • Capital decrease, €200.000
  • Statutes amendment, 5
  • Capital, €330.000
  • Power of attorney
  • Power of attorney, David INDEKEU
16-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 24 mars 2026
  • Registered-office move, 1050 Bruxelles, Avenue Louise 557
2025
31-12
Financial Back to profitnet €39,693
Net result €39,693 after 7 loss-making years.
31-12
Financial Liquidity times 645current ratio 136.83
Current ratio from 0.21 to 136.83; short-term debt falls from €18,653 to €387.
31-12
Financial Equity above €150,000Eq €180,502 ▲28.2%
Equity rises from €140,809 to €180,502.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€19,156
Net result drops to -€19,156, the lowest in the series; recovery starts the following year.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
13-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
18-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 2 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
189 m²
Building footprint
146 m²
Volume, LiDAR
1,726 m³
Parcel 21822R0226/00F010, Brussels · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0226/00F010 Brussels 189 m² 1 · 146 m² 16.3 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.

Articles of association

Other provisions
Après l'accomplissement des formalités prévues à l'article 7:209 du Code des sociétés et des associations, actionnaire unique

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Capital over the years
  1. 29-07-2026 Capital reduction of 200,000 EUR · to 330,000 EUR · “mettre le capital en concordance avec les besoins réels de la société”

Company details

Identification
Legal formPublic limited company
Founded14-03-2003
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.