Immo T
ActiveSummary
Immo T has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.3m and a net result of €171,309. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430,000 at 30 days acceptable
Liquidity ample (current ratio 5.51 against 8.33 in 2023; short-term debt: 1.8% and cash: 0.9% of total assets), and 10.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
89.9%
Return on assets
2.9%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
61 d late
2023
31 d late
2022
115 d early
2021
47 d late
2020
31 d late
2019
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 1 September (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
In the rankings
#5 company by equity in Dilbeek, Real estate sector
Equity
€5.3m▲ 2.5%
2023 · €5.2m
Total assets
€5.9m▲ 1.3%
2023 · €5.8m
Net result
€171,309▲ 7.8%
2023 · €158,943
Working capital
€480,942▼ 23.1%
2023 · €625,575
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€323,815▲ 403%€289,055▼ 10.7%€185,541▼ 35.8%€248,960▲ 34.2%€260,125▲ 4.5%
Net result€215,529above the sector's middle half▲ 4,169%€175,532above the sector's middle half▼ 18.6%€106,669above the sector's middle half▼ 39.2%€158,943above the sector's middle half▲ 49.0%€171,309above the sector's middle half▲ 7.8%
Equity€4.1mabove the sector's middle half▲ 4.1%€4.2mabove the sector's middle half▲ 2.2%€4.2mabove the sector's middle half=€5.2mabove the sector's middle half▲ 22.5%€5.3mabove the sector's middle half▲ 2.5%
Total assets€5.8mabove the sector's middle half▲ 2.1%€5.9mabove the sector's middle half▲ 1.2%€5.8mabove the sector's middle half▼ 1.9%€5.8mabove the sector's middle half=€5.9mabove the sector's middle half▲ 1.3%
Debt€1.4m▼ 3.7%€1.4m▲ 1.1%€1.3m▼ 6.8%€358,592▼ 72.1%€329,600▼ 8.1%
Working capital€266,932above the sector's middle half€60,627within the sector's middle half▼ 77.3%€443,568above the sector's middle half▲ 632%€625,575above the sector's middle half▲ 41.0%€480,942above the sector's middle half▼ 23.1%
Solvency70.4%above the sector's middle half▲ 1.3pp71.2%above the sector's middle half▲ 0.7pp72.6%above the sector's middle half▲ 1.4pp88.9%above the sector's middle half▲ 16.3pp89.9%above the sector's middle half▲ 1.0pp
Current ratio2.78above the sector's middle half▲ 1.941.31within the sector's middle half▼ 1.474.32above the sector's middle half▲ 3.008.33above the sector's middle half▲ 4.025.51above the sector's middle half▼ 2.82
Return on assets (ROA)3.7%within the sector's middle half▲ 3.6pp3.0%within the sector's middle half▼ 0.7pp1.8%within the sector's middle half▼ 1.1pp2.7%within the sector's middle half▲ 0.9pp2.9%within the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.9m
Fixed assets
€5.3m ▲ 3.9%
Current assets
€587,544 ▼ 17.3%
Equity and liabilities €5.9m
Equity
€5.3m ▲ 2.5%
Provisions
€261,348 ▼ 7.9%
Debt
€329,600 ▼ 8.1%
Debt's share of the balance-sheet total falls from 6.2% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€477,055▲
2023 · €467,599
Cash flow
€388,238▲
2023 · €377,582
Debt to equity
0.06▼
2023 · 0.07
ROE
3.2%▲
2023 · 3.1%
Interest coverage
57.69▲
2023 · 24.74
Debt ≤ 1 year
€106,602▲
2023 · €85,299
Debt > 1 year
€222,998▼
2023 · €269,417
Income taxes
€108,152▲
2023 · €93,482
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 14,732 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €209,920 | €231,762 | €225,504 | €218,639 | €216,929 | ▼ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €110,451 | €22,444 | -€193,032 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€35,000 | - | - | - | - |
| Other operating charges640/8 | - | €31,780 | €49,029 | €287,080 | €69,085 | ▼ 75.9% |
| Gross operating margin9900 | €587,225 | €628,047 | €482,518 | €561,647 | €546,140 | ▼ 2.8% |
| Operating profit (loss)9901 | €323,815 | €289,055 | €185,541 | €248,960 | €260,125 | ▲ 4.5% |
| Financial income75/76B | - | €1,947 | €2,287 | €47 | €5,290 | ▲ 11,136% |
| Recurring financial income75 | €1,629 | €1,947 | €2,287 | €47 | €5,290 | ▲ 11,136% |
| Financial charges65/66B | - | €37,571 | €37,485 | €18,897 | €8,269 | ▼ 56.2% |
| Recurring financial charges65 | €39,183 | €37,571 | €37,485 | €18,897 | €8,269 | ▼ 56.2% |
| Profit (loss) for the period before taxes9903 | €286,261 | €253,431 | €150,343 | €230,110 | €257,146 | ▲ 11.7% |
| Transfer from deferred taxes780 | - | €22,315 | €22,315 | €22,315 | €22,315 | = |
| Transfer to deferred taxes680 | - | €19,685 | - | - | - | - |
| Income taxes67/77 | €20,797 | €80,529 | €65,989 | €93,482 | €108,152 | ▲ 15.7% |
| Profit (loss) for the period9904 | €215,529 | €175,532 | €106,669 | €158,943 | €171,309 | ▲ 7.8% |
| Transfer from tax-exempt reserves789 | - | €47,194 | €47,194 | €47,194 | €47,194 | = |
| Transfer to tax-exempt reserves689 | - | €59,055 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €45,974 | €163,671 | €153,863 | €206,137 | €218,503 | ▲ 6.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.8m | €5.9m | €5.8m | €5.8m | €5.9m | ▲ 1.3% |
| Fixed assets21/28 | €5.4m | €5.7m | €5.2m | €5.1m | €5.3m | ▲ 3.9% |
| Tangible fixed assets22/27 | €5.4m | €5.7m | €5.2m | €5.1m | €5.3m | ▲ 3.9% |
| Land and buildings22 | - | €5.7m | €5.2m | €5.1m | €5.2m | ▲ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €15,000 | €12,000 | ▼ 20.0% |
| Furniture and vehicles24 | - | €8,053 | €5,796 | €3,540 | €44,137 | ▲ 1,147% |
| Financial fixed assets28 | €230 | €230 | €90 | €90 | €90 | = |
| Current assets29/58 | €417,054 | €254,573 | €577,321 | €710,874 | €587,544 | ▼ 17.3% |
| Stocks and contracts in progress3 | - | €24,000 | €257,765 | €130,032 | - | - |
| Stocks30/36 | - | €24,000 | €257,765 | €130,032 | - | - |
| Amounts receivable within one year40/41 | €262,489 | €208,160 | €49,265 | €14,194 | €65,271 | ▲ 360% |
| Trade receivables40 | - | €208,160 | €49,265 | €10,169 | €2,813 | ▼ 72.3% |
| Other amounts receivable41 | - | - | - | €4,025 | €62,458 | ▲ 1,452% |
| Current investments50/53 | €120,378 | €14,078 | €253,978 | €313,968 | €464,127 | ▲ 47.8% |
| Cash at bank and in hand54/58 | €32,117 | €6,264 | €14,313 | €252,627 | €55,412 | ▼ 78.1% |
| Deferred charges and accrued income490/1 | - | €2,070 | €2,000 | €52 | €2,735 | ▲ 5,138% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.8m | €5.9m | €5.8m | €5.8m | €5.9m | ▲ 1.3% |
| Equity10/15 | €4.1m | €4.2m | €4.2m | €5.2m | €5.3m | ▲ 2.5% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €2.9m | €2.9m | €2.9m | €3.9m | €4.0m | ▲ 3.3% |
| Non-distributable reserves130/1 | - | €107,778 | €117,778 | €131,306 | €131,306 | = |
| Legal reserve130 | - | €107,778 | €117,778 | €131,306 | €131,306 | = |
| Tax-exempt reserves132 | - | €724,722 | €677,528 | €630,335 | €583,141 | ▼ 7.5% |
| Distributable reserves133 | - | €2.1m | €2.1m | €3.1m | €3.3m | ▲ 5.6% |
| Provisions and deferred taxes16 | €365,922 | €328,292 | €305,978 | €283,663 | €261,348 | ▼ 7.9% |
| Deferred taxes168 | - | €328,292 | €305,978 | €283,663 | €261,348 | ▼ 7.9% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.3m | €358,592 | €329,600 | ▼ 8.1% |
| Amounts payable after more than one year17 | €1.2m | €1.2m | €1.1m | €269,417 | €222,998 | ▼ 17.2% |
| Financial debts170/4 | - | €1.2m | €1.1m | €269,417 | €222,998 | ▼ 17.2% |
| Amounts payable within one year42/48 | €150,123 | €193,946 | €133,754 | €85,299 | €106,602 | ▲ 25.0% |
| Current portion of amounts payable after more than one year42 | - | €58,515 | €46,840 | €45,952 | €36,337 | ▼ 20.9% |
| Financial debts43 | - | €40,000 | - | - | - | - |
| Credit institutions430/8 | - | €40,000 | - | - | - | - |
| Trade debts44 | €13,659 | €12,493 | €10,535 | €6,902 | €2,111 | ▼ 69.4% |
| Suppliers440/4 | - | €12,493 | €10,535 | €6,902 | €2,111 | ▼ 69.4% |
| Taxes, remuneration and social security45 | - | €77,624 | €61,877 | €20,493 | €56,295 | ▲ 175% |
| Taxes450/3 | - | €77,624 | €56,311 | €20,493 | €56,295 | ▲ 175% |
| Remuneration and social security454/9 | - | - | €5,566 | - | - | - |
| Other amounts payable47/48 | - | €5,314 | €14,502 | €11,952 | €11,859 | ▼ 0.8% |
| Accrued charges and deferred income492/3 | - | €776 | €1,881 | €3,876 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €215,529 | €175,532 | €106,669 | €158,943 | €171,309 | ▲ 7.8% |
| + Depreciation and write-downs630 | €209,920 | €231,762 | €225,504 | €218,639 | €216,929 | ▼ 0.8% |
| Operating cash flow (approximation) | €425,449 | €407,294 | €332,174 | €377,582 | €388,238 | ▲ 2.8% |
| Investment in fixed assets (approximation) | - | -€461,894 | €212,024 | -€84,398 | -€415,505 | ▼ 392% |
| Change in cash | - | -€25,853 | €8,049 | €238,314 | -€197,215 | ▼ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €5mEq €5.2m ▲22.5%
6 profitable years in a row build equity to €5.2m.
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.32
Current ratio from 1.31 to 4.32; short-term debt falls from €193,946 to €133,754.
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €215,529 ▲4,169%
Operating result €323,815, net result €215,529, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.78
Current ratio from 0.84 to 2.78.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial
Weakest financial yearnet €5,049 ▼65.1%
Net result drops to €5,049, the lowest in the series; recovery starts the following year.
Show earlier events
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Dilbeek · 1 establishment unit since 1984
Ground area
3,787 m²
Building footprint
323 m²
Volume, LiDAR
1,743 m³
2 parcels, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Brusselstraat 247, 1702 Dilbeek
since 19842.024.605.972
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026B0254/00C000 | Flanders | 3,669 m² | 1 · 235 m² | 7.7 m · 2 fl. |
| 23026B0069/00P000 | Flanders | 118 m² | 1 · 89 m² | 10.5 m · 3 fl. |
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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,392. 1,782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425789715
Also
9925:BE0425789715
Registered
13-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.