IMMO SEP ET COMPAGNIE
Open bankruptcySummary
A bankruptcy procedure is open for IMMO SEP ET COMPAGNIE according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show equity of €23k and a net result of €2.18M.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Equity
€23k
2023 · €-2.16M
2018: €3.22M
2019: €3.18M
2020: €386k
2021: €408k
2022: €-1.83M
2023: €-2.16M
2018 → 2024
Net result
€2.18M
2023 · €-332k
2018: €-47k
2019: €-44k
2020: €-2.79M
2021: €22k
2022: €-2.24M
2023: €-332k
2018 → 2024
Total assets
€15.75M▲ 17.2%
2023 · €13.45M
2018: €18.35M
2019: €18.23M
2020: €15.65M
2021: €15.60M
2022: €13.17M
2023: €13.45M
2018 → 2024
Solvency
0.1%▲ 16.2pp
2023 · -16.1%
2018: 17.6%
2019: 17.4%
2020: 2.5%
2021: 2.6%
2022: -13.9%
2023: -16.1%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€361k-€394k▲ 9.2%€410k▲ 4.1%€325k▼ 20.9%€233k▼ 28.3%
Equity€386k-€408k▲ 5.8%€-1.83M€-2.16M▼ 18.1%€23k
Operating result€22k-€323k▲ 1,341%€-60k€81k€695k▲ 753%
Net result€-2.79M-€22k€-2.24M€-332k▲ 85.2%€2.18M
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 753% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15.75M
Fixed assets
€15.67M ▲ 18.2%
Current assets
€86k ▼ 55.2%
Equity and liabilities €15.75M
Equity
€23k
Provisions
€176k
Debt
€15.55M
Debt finances 98.7% of the balance-sheet total.
Key figures and ratios
ROA
13.9%▲
2023 · -2.5%
Debt ≤ 1 year
€14.35M▼
2023 · €15.13M
Income taxes
€0▲
2023 · €-18k
A ratio outside any meaningful range has been withheld (balance sheet total €15.75M, equity €23k).
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 · 67 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13.45M€15.75M▲
Fixed assets21/28€13.26M€15.67M▲
Tangible fixed assets22/27€2.81M€2.22M▼
Land and buildings22€2.81M€2.14M▼
Assets under construction and advance payments27-€82k
Financial fixed assets28€10.44M€13.45M▲
Affiliated companies280/1€10.44M€13.45M▲
Participating interests280€10.44M€13.45M▲
Current assets29/58€191k€86k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€18k€50k▲
Trade receivables40€18k€50k▲
Cash at bank and in hand54/58€166k€33k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€13.45M€15.75M▲
Equity10/15€-2.16M€23k▲
Contributions10/11€2.23M€2.23M=
Capital10€2.23M€2.23M=
Issued capital100€2.23M€2.23M=
Reserves13€223k€750k▲
Non-distributable reserves130/1€223k€223k=
Legal reserve130€223k€223k=
Tax-exempt reserves132-€527k
Profit (loss) carried forward14€-4.61M€-2.96M▲
Provisions and deferred taxes16-€176k
Deferred taxes168-€176k
Amounts payable17/49€15.61M€15.55M▼
Amounts payable within one year42/48€15.13M€14.35M▼
Financial debts43€6.23M€4.78M▼
Credit institutions430/8€6.23M€4.78M▼
Other loans439€0-
Trade debts44€97k€188k▲
Suppliers440/4€97k€188k▲
Taxes, remuneration and social security45€141k€215k▲
Taxes450/3€141k€215k▲
Other amounts payable47/48€8.67M€9.17M▲
Accrued charges and deferred income492/3€472k€1.21M▲
Income statement
Code20232024
Operating income70/76A€379k€961k▲
Turnover70€325k€233k▼
Other operating income74€39k€25k▼
Non-recurring operating income76A€15k€703k▲
Operating charges60/66A€298k€266k▼
Services and other goods61€71k€78k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€94k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-35k€0▲
Other operating charges640/8€128k€94k▼
Non-recurring operating charges66A€12k€242▼
Operating profit (loss)9901€81k€695k▲
Financial income75/76B€373k€3.01M▲
Recurring financial income75€0€3.01M▲
Other financial income752/9€0-
Non-recurring financial income76B€373k€3.01M▲
Financial charges65/66B€804k€1.34M▲
Recurring financial charges65€804k€1.34M▲
Debt charges650€800k€1.34M▲
Other financial charges652/9€4k€888▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-349k€2.36M▲
Transfer to deferred taxes680-€176k
Income taxes67/77€-18k€0▲
Taxes670/3€0-
Tax adjustments and reversals of tax provisions77€18k€0▼
Profit (loss) for the period9904€-332k€2.18M▲
Transfer to tax-exempt reserves689-€527k
Profit (loss) for the period to be appropriated9905€-332k€1.66M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4.61M€-2.96M▲
Profit (loss) brought forward from the previous period14P€-4.28M€-4.61M▼
The notes to these accounts (42 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA IMMO SEP ET COMPAGNIE CHAUSSEE DE WATERLOO 1135, 1180 UCCLE · event 02-07-2026
27-03
Interim measure
Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 144 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 194 days late
2024
31-12
Financial
Back to profitnet €2.18M
Net result €2.18M after 2 loss-making years.
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 135 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after 3 loss-making years.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 136 days late
2020
31-12
Financial
Weakest financial yearnet €-2.79M
Net result drops to €-2.79M, the lowest in the series.
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 139 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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
1 establishment unit since 2001
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.
Ground area
3,242 m²
Building footprint
818 m²
Volume, LiDAR
13,722 m³
Parcel 21612C0257/00V000, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20012.096.895.916
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0257/00V000 | Brussels | 3,242 m² | 1 · 817 m² | 20.8 m · 6 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
02-07-2026 → present |
| Curator | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349, 1050 IXELLES |
02-07-2026 → present |
Similar companies · same sector, comparable size
Alshain
BE 0715.660.357
Kortrijk · Eq €23,443
UMEDIA GROUP
BE 0765.477.577
Brussel · Eq €23,469
Bottlescompany
BE 0758.832.384
Destelbergen · Eq €23,430
Delbo Management
BE 1015.111.235
Lint · Eq €23,484
LEVI LAMMENS
BE 0688.689.508
Kortrijk · Eq €23,390
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 7,981 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
Founded15-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.