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IMMO SFO

Active
Private limited companyfounded 200917 yrs activeRoute de Rédange,Grendel 43, 6717 Attert, BelgiumKBO/BCE: BE 0817.665.458
Summary

The computed 12-month bankruptcy probability of IMMO SFO is 1.9% (moderate). The 2024 annual accounts show negative equity (-€25,347) and a net result of -€1,045. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability68▼-1
Solvency12▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0; short-term debt: 112.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · 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 2024
Solvency, return and age of the figures
Solvency
-12.6%
Return on assets
-0.5%
Age of the figures
21 mo
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 17 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€25,347
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-02-2026, 188 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
188 d late
2023
82 d late
2022
69 d late
2021
78 d late
2020
87 d late
2019
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 95 days after 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 (1)
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

On 10 August 2009, IMMO SFO was incorporated.1 Total assets went from EUR 249,926 in 2018 to EUR 201,636 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€25,347▼ 4.3%
2023 · -€24,302
Total assets
€201,636▼ 4.3%
2023 · €210,618
Net result
-€1,045▼ 293%
2023 · -€266
Working capital
-€226,028▲ 3.2%
2022 · -€233,555
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€1,206▼ 50.1%-€6,497-€2,790▲ 57.1%-€245▲ 91.2%-€828▼ 238%
Net result-€33,945▼ 175%-€18,428▲ 45.7%-€2,790▲ 84.9%-€266▲ 90.5%-€1,045▼ 293%
Equity-€2,819-€21,247▼ 654%-€24,036▼ 13.1%-€24,302▼ 1.1%-€25,347▼ 4.3%
Total assets€232,353▼ 3.4%€219,243▼ 5.6%€211,029▼ 3.7%€210,618▼ 0.2%€201,636▼ 4.3%
Debt€235,172▲ 12.4%€240,489▲ 2.3%€235,065▼ 2.3%€234,920▼ 0.1%€226,983▼ 3.4%
Working capital-€230,165▼ 102%-€239,679▼ 4.1%-€233,555▲ 2.6%-€226,028
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: €1,206€1,206Net result 2020: -€33,945-€33,945Operating result 2021: -€6,497-€6,497Net result 2021: -€18,428-€18,428Operating result 2022: -€2,790-€2,790Net result 2022: -€2,790-€2,790Operating result 2023: -€245-€245Net result 2023: -€266-€266Operating result 2024: -€828-€828Net result 2024: -€1,045-€1,04520202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€2,790-€2,790Net result 2022: -€2,790-€2,790Operating result 2023: -€245-€245Net result 2023: -€266-€266Operating result 2024: -€828-€828Net result 2024: -€1,045-€1,050202220232024
The operating result stays negative: a loss of €828 in 2024 against €245 in 2023; the loss grows.
Balance-sheet composition
Assets €201,636
Fixed assets €200,681
Current assets €955
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,109▲
2023 · €8,893
Cash flow
€8,892▲
2023 · €8,872
Solvency
-12.6%▼
2023 · -11.5%
Current ratio
0.00
Debt to equity
-8.95▲
2023 · -9.67
ROA
-0.5%▼
2023 · -0.1%
Interest coverage
41.96▼
2023 · 421.48
Debt ≤ 1 year
€226,983▼
2023 · €234,920
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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 · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€210,618€201,636▼
Fixed assets21/28€210,618€200,681▼
Tangible fixed assets22/27€210,618€200,681▼
Land and buildings22€210,618€200,681▼
Current assets29/58-€955
Deferred charges and accrued income490/1-€955
Equity and liabilities
Total equity and liabilities10/49€210,618€201,636▼
Equity10/15-€24,302-€25,347▼
Contributions10/11€18,600€18,600=
Revaluation surpluses12€39,008€39,008=
Profit (loss) carried forward14-€81,910-€82,955▼
Amounts payable17/49€234,920€226,983▼
Amounts payable within one year42/48€234,920€226,983▼
Trade debts44€6,748€4,142▼
Suppliers440/4€6,748€4,142▼
Other amounts payable47/48€228,172€222,841▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,138€9,937▲
Other operating charges640/8€2,297€1,397▼
Gross operating margin9900€11,190€10,506▼
Operating profit (loss)9901-€245-€828▼
Financial charges65/66B€21€217▲
Recurring financial charges65€21€217▲
Profit (loss) for the period before taxes9903-€266-€1,045▼
Profit (loss) for the period9904-€266-€1,045▼
Profit (loss) for the period to be appropriated9905-€266-€1,045▼
Appropriation of the result
Profit (loss) to be appropriated9906-€81,910-€82,955▼
Profit (loss) brought forward from the previous period14P-€81,644-€81,910▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,914€8,914€8,914€9,138€9,937▲ 8.7%
Other operating charges640/8-€2,982€2,222€2,297€1,397▼ 39.2%
Non-recurring operating charges66A---€625---
Gross operating margin9900€12,402€5,399€7,721€11,190€10,506▼ 6.1%
Operating profit (loss)9901€1,206-€6,497-€2,790-€245-€828▼ 238%
Financial income75/76B-€142----
Recurring financial income75€162€142----
Financial charges65/66B-€12,073-€21€217▲ 929%
Recurring financial charges65€29,008€12,073-€21€217▲ 929%
Profit (loss) for the period before taxes9903-€27,640-€18,428-€2,790-€266-€1,045▼ 293%
Income taxes67/77€6,305-----
Profit (loss) for the period9904-€33,945-€18,428-€2,790-€266-€1,045▼ 293%
Profit (loss) for the period to be appropriated9905-€33,945-€18,428-€2,790-€266-€1,045▼ 293%
Line20202021202220232024Change
Assets
Total assets20/58€232,353€219,243€211,029€210,618€201,636▼ 4.3%
Fixed assets21/28€227,346€218,433€209,519€210,618€200,681▼ 4.7%
Tangible fixed assets22/27€227,346€218,433€209,519€210,618€200,681▼ 4.7%
Land and buildings22-€218,433€209,519€210,618€200,681▼ 4.7%
Current assets29/58€5,007€810€1,510-€955-
Amounts receivable within one year40/41€4,625€266€907---
Trade receivables40--€907---
Other amounts receivable41-€266----
Deferred charges and accrued income490/1-€544€603-€955-
Equity and liabilities
Total equity and liabilities10/49€232,353€219,243€211,029€210,618€201,636▼ 4.3%
Equity10/15-€2,819-€21,247-€24,036-€24,302-€25,347▼ 4.3%
Contributions10/11-€18,600€18,600€18,600€18,600=
Revaluation surpluses12-€39,008€39,008€39,008€39,008=
Profit (loss) carried forward14-€60,427-€78,855-€81,644-€81,910-€82,955▼ 1.3%
Amounts payable17/49€235,172€240,489€235,065€234,920€226,983▼ 3.4%
Amounts payable within one year42/48€235,172€240,489€235,065€234,920€226,983▼ 3.4%
Trade debts44€6,568€6,644€4,263€6,748€4,142▼ 38.6%
Suppliers440/4-€6,644€4,263€6,748€4,142▼ 38.6%
Other amounts payable47/48-€233,845€230,802€228,172€222,841▼ 2.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€33,945-€18,428-€2,790-€266-€1,045▼ 293%
+ Depreciation and write-downs630€8,914€8,914€8,914€9,138€9,937▲ 8.7%
Operating cash flow (approximation)-€25,031-€9,514€6,124€8,872€8,892▲ 0.2%
Investment in fixed assets (approximation)-€0€0-€10,237€0▲ 100%

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

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Timeline · acts, filings and financial milestones

2026
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 188 days late
2024
21-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
08-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
26-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial Weakest financial yearnet -€33,945
Net result drops to -€33,945, the lowest in the series; recovery starts the following year.
02-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
28-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 212 days late
2019
02-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 489 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
24-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 146 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, Attert · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1,819 m²
Building footprint
299 m²
Volume, LiDAR
2,229 m³
Parcel 81003B0203/00C000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO SFO
Route de Rédange,Grendel 43, 6717 AttertRenting and operating of own or leased residential real estate, excluding social housing
since 20092.243.745.206
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
81003B0203/00C000 Wallonia 1,819 m² 1 · 299 m² 10.6 m · 3 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. LG IMMO 100%
  2. IMMO SFO

Highest known parent: LG IMMO. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-08-2009
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0817665458
Registered 13-03-2026

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

Register as of 28 September 2026 · Peppol Directory

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