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IMMO SILVA

Active
Private limited companyfounded 199729 yrs active5ème Avenue 36, 6001 Charleroi, BelgiumKBO/BCE: BE 0460.197.395
Summary

IMMO SILVA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,975 and a net result of €451,170. Equity is shrinking by ~57.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+96
Solvency94▲+94
Growth63▲+30
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 37.49 against 0.01 in 2024; short-term debt: 2.7% and cash: 85.6% of total assets), and 30.8% of the assets are financed with debt.
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Signals

Five 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
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 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
69.2%
Return on assets
76.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 d early
2024
121 d early
2023
124 d early
2022
56 d early
2021
17 d early
2020
22 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 62 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 26 May (4 of the last 5 filed years within 55 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

On 13 March 1997, IMMO SILVA was incorporated.1 Revenue went from EUR 16,800 in 2018 to EUR 17,100 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2025, full schema

Turnover
€17,100▲ 1.8%
2020 · €16,800
EBIT margin
10.2%▲ 19.2pp
2020 · -9.0%
Net result
€451,170
2024 · -€16,284
Working capital
€575,100
2024 · -€74,480
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
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
Turnover€17,100▲ 1.8%
Operating result€1,748€228▼ 86.9%-€13,091-€12,541▲ 4.2%€618,268
Net result-€2,544▲ 57.6%-€3,263▼ 28.3%-€17,593▼ 439%-€16,284▲ 7.4%€451,170
EBIT margin10.2%▲ 19.2pp
Equity-€5,056▼ 101%-€8,319▼ 64.5%-€25,912▼ 211%-€42,196▼ 62.8%€408,975
Total assets€150,646▼ 5.7%€146,126▼ 3.0%€141,451▼ 3.2%€136,344▼ 3.6%€590,859▲ 333%
Debt€155,701▼ 4.1%€154,445▼ 0.8%€167,363▲ 8.4%€178,539▲ 6.7%€15,759▼ 91.2%
Working capital-€28,603▼ 6.3%-€34,267▼ 19.8%-€54,911▼ 60.2%-€74,480▼ 35.6%€575,100
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: €1,748€1,748Net result 2021: -€2,544-€2,544Operating result 2022: €228€228Net result 2022: -€3,263-€3,263Operating result 2023: -€13,091-€13,091Net result 2023: -€17,593-€17,593Operating result 2024: -€12,541-€12,541Net result 2024: -€16,284-€16,284Operating result 2025: €618,268€618,268Net result 2025: €451,170€451,17020212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: -€13,091-€13,100Net result 2023: -€17,593-€17,600Operating result 2024: -€12,541-€12,500Net result 2024: -€16,284-€16,300Operating result 2025: €618,268€618,000Net result 2025: €451,170€451,000202320242025
The operating result returns to profit in 2025: €618,268 after a loss of €12,541 in 2024, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €590,859
Equity €408,975
Provisions €166,125
Debt €15,759
Debt finances 2.7% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
37.49▲
2024 · 0.01
Debt to equity
0.04
ROE
110.3%
ROA
76.4%▲
2024 · -11.9%
Debt ≤ 1 year
€15,759▼
2024 · €75,323
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 20,134 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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€136,344€590,859▲
Fixed assets21/28€135,500-
Tangible fixed assets22/27€135,500-
Land and buildings22€135,500-
Plant, machinery and equipment23€0-
Other tangible fixed assets26€0-
Current assets29/58€844€590,859▲
Amounts receivable within one year40/41-€85,000
Other amounts receivable41-€85,000
Cash at bank and in hand54/58€844€505,859▲
Equity and liabilities
Total equity and liabilities10/49€136,344€590,859▲
Equity10/15-€42,196€408,975▲
Contributions10/11€18,592€18,592=
Reserves13€1,859€500,234▲
Tax-exempt reserves132-€498,375
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14-€62,647-€109,851▼
Provisions and deferred taxes16-€166,125
Deferred taxes168-€166,125
Amounts payable17/49€178,539€15,759▼
Amounts payable after more than one year17€103,216-
Financial debts170/4€103,216-
Amounts payable within one year42/48€75,323€15,759▼
Current portion of amounts payable after more than one year42€8,423-
Trade debts44€3,775€4,576▲
Suppliers440/4€3,775€4,576▲
Other amounts payable47/48€63,125€11,183▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,500-
Other operating charges640/8€1,373€557▼
Gross operating margin9900-€6,668€618,825▲
Operating profit (loss)9901-€12,541€618,268▲
Financial income75/76B€0€1,641▲
Recurring financial income75€0€1,641▲
Financial charges65/66B€3,743€2,613▼
Recurring financial charges65€3,743€2,613▼
Profit (loss) for the period before taxes9903-€16,284€617,295▲
Transfer to deferred taxes680-€166,125
Profit (loss) for the period9904-€16,284€451,170▲
Transfer to tax-exempt reserves689-€498,375
Profit (loss) for the period to be appropriated9905-€16,284-€47,205▼
Appropriation of the result
Profit (loss) to be appropriated9906-€62,647-€109,851▼
Profit (loss) brought forward from the previous period14P-€46,363-€62,647▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€17,100-----
Goods, raw materials, services and sundry goods60/61€6,760-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,950€5,527€4,500€4,500--
Other operating charges640/8€905€1,274€1,495€1,373€557▼ 59.4%
Gross operating margin9900€10,603€7,029-€7,096-€6,668€618,825▲ 9,381%
Operating profit (loss)9901€1,748€228-€13,091-€12,541€618,268▲ 5,030%
Financial income75/76B-€13-€0€1,641▲ 16,412,800%
Recurring financial income75-€13-€0€1,641▲ 16,412,800%
Financial charges65/66B€4,292€3,505€4,501€3,743€2,613▼ 30.2%
Recurring financial charges65€4,292€3,505€4,501€3,743€2,613▼ 30.2%
Profit (loss) for the period before taxes9903-€2,544-€3,263-€17,593-€16,284€617,295▲ 3,891%
Transfer to deferred taxes680----€166,125-
Profit (loss) for the period9904-€2,544-€3,263-€17,593-€16,284€451,170▲ 2,871%
Transfer to tax-exempt reserves689----€498,375-
Profit (loss) for the period to be appropriated9905-€2,544-€3,263-€17,593-€16,284-€47,205▼ 190%
Line20212022202320242025Change
Assets
Total assets20/58€150,646€146,126€141,451€136,344€590,859▲ 333%
Formation expenses20€0-----
Fixed assets21/28€150,027€144,500€140,000€135,500--
Tangible fixed assets22/27€150,027€144,500€140,000€135,500--
Land and buildings22€149,000€144,500€140,000€135,500--
Plant, machinery and equipment23€0--€0--
Other tangible fixed assets26€1,027--€0--
Current assets29/58€619€1,626€1,451€844€590,859▲ 69,930%
Amounts receivable within one year40/41----€85,000-
Other amounts receivable41----€85,000-
Cash at bank and in hand54/58€619€603€1,451€844€505,859▲ 59,856%
Deferred charges and accrued income490/1-€1,023----
Equity and liabilities
Total equity and liabilities10/49€150,646€146,126€141,451€136,344€590,859▲ 333%
Equity10/15-€5,056-€8,319-€25,912-€42,196€408,975▲ 1,069%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592-----
Issued capital100€18,592-----
Reserves13€1,859€1,859€1,859€1,859€500,234▲ 26,806%
Non-distributable reserves130/1€1,859€1,859----
Legal reserve130€1,859-----
Reserves not available under the articles1311-€1,859----
Tax-exempt reserves132----€498,375-
Distributable reserves133--€1,859€1,859€1,859=
Profit (loss) carried forward14-€25,507-€28,770-€46,363-€62,647-€109,851▼ 75.4%
Provisions and deferred taxes16----€166,125-
Deferred taxes168----€166,125-
Amounts payable17/49€155,701€154,445€167,363€178,539€15,759▼ 91.2%
Amounts payable after more than one year17€126,479€118,552€111,001€103,216--
Financial debts170/4€126,479€118,552€111,001€103,216--
Amounts payable within one year42/48€29,222€35,892€56,362€75,323€15,759▼ 79.1%
Current portion of amounts payable after more than one year42€7,089€7,326€8,171€8,423--
Trade debts44€0€1,758€4,706€3,775€4,576▲ 21.2%
Suppliers440/4€0€1,758€4,706€3,775€4,576▲ 21.2%
Other amounts payable47/48€22,133€26,809€43,486€63,125€11,183▼ 82.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,544-€3,263-€17,593-€16,284€451,170▲ 2,871%
+ Depreciation and write-downs630€7,950€5,527€4,500€4,500--
Operating cash flow (approximation)€5,406€2,263-€13,093-€11,784€451,170▲ 3,929%
Investment in fixed assets (approximation)--€0€0€0--
Change in cash--€16€848-€607€505,016▲ 83,273%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €451,170
Net result €451,170 after 7 loss-making years.
31-12
Financial Liquidity times 3347current ratio 37.49
Current ratio from 0.01 to 37.49; short-term debt falls from €75,323 to €15,759.
31-12
Financial Equity above €200,000Eq €408,975
Equity rises from -€42,196 to €408,975.
01-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€17,593
Net result drops to -€17,593, the lowest in the series; recovery starts the following year.
05-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
06-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1.5 ha
Building footprint
655 m²
Volume, LiDAR
3,201 m³
2 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Rue François de Chasteler(CO) 24, 6180 Courcelles
NACE 70201
since 19972.082.130.338
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52392D0091/00P041 Wallonia 1.5 ha 1 · 406 m² 11.2 m · 3 fl.
52015C0524/02B000 Wallonia 629 m² 1 · 249 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. DROIT & IMMOBILIER 100%
  2. CoreFiCo 100%
  3. IMMO SILVA

Highest known parent: DROIT & IMMOBILIER. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of IMMO SILVA and those 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.

Company details

Identification
Legal formPrivate limited company
Founded13-03-1997
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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.