IMMO TK
ActiveSummary
IMMO TK has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,305 and a net result of -€410. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-33
Solvency94▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.07 against 2.59 in 2024; short-term debt: 31% and cash: 28.7% of total assets), and 31% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
-1.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
50 d late
2022
29 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€17,305▼ 16.2%
2024 · €20,656
Total assets
€25,072▲ 1.7%
2024 · €24,652
Net result
-€410
2024 · €10,760
Working capital
€8,315▲ 31.2%
2024 · €6,336
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,976-€2,124▼ 57.3%€5,280▲ 149%€14,078▲ 167%€409▼ 97.1%
Net result€3,370within the sector's middle half-€1,174within the sector's middle half▼ 65.2%€3,552within the sector's middle half▲ 203%€10,760within the sector's middle half▲ 203%-€410within the sector's middle half
Equity€5,170below the sector's middle half-€6,344below the sector's middle half▲ 22.7%€9,896below the sector's middle half▲ 56.0%€20,656within the sector's middle half▲ 109%€17,305below the sector's middle half▼ 16.2%
Total assets€30,603below the sector's middle half-€22,082below the sector's middle half▼ 27.8%€13,482below the sector's middle half▼ 38.9%€24,652below the sector's middle half▲ 82.8%€25,072below the sector's middle half▲ 1.7%
Debt€25,433-€15,738▼ 38.1%€3,587▼ 77.2%€3,996▲ 11.4%€7,767▲ 94.4%
Working capital€3,329within the sector's middle half-€3,913within the sector's middle half▲ 17.5%€6,684within the sector's middle half▲ 70.8%€6,336within the sector's middle half▼ 5.2%€8,315within the sector's middle half▲ 31.2%
Solvency16.9%within the sector's middle half-28.7%within the sector's middle half▲ 11.8pp73.4%above the sector's middle half▲ 44.7pp83.8%above the sector's middle half▲ 10.4pp69.0%above the sector's middle half▼ 14.8pp
Current ratio1.13within the sector's middle half-1.25within the sector's middle half▲ 0.122.86within the sector's middle half▲ 1.622.59within the sector's middle half▼ 0.282.07within the sector's middle half▼ 0.51
Return on assets (ROA)11.0%above the sector's middle half-5.3%within the sector's middle half▼ 5.7pp26.3%above the sector's middle half▲ 21.0pp43.6%above the sector's middle half▲ 17.3pp-1.6%within the sector's middle half▼ 45.3pp
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,072
Fixed assets
€8,989 ▼ 37.2%
Current assets
€16,082 ▲ 55.7%
Equity and liabilities €25,072
Equity
€17,305 ▼ 16.2%
Debt
€7,767 ▲ 94.4%
Debt's share of the balance-sheet total rises from 16.2% to 31.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,739▼
2024 · €20,603
Cash flow
€5,920▼
2024 · €17,285
Debt to equity
0.45▲
2024 · 0.19
ROE
-2.4%▼
2024 · 52.1%
Interest coverage
93.44▼
2024 · 286.15
Debt ≤ 1 year
€7,767▲
2024 · €3,996
Income taxes
€754▼
2024 · €3,246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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%.
| 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 3,442 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,322 | €1,708 | €1,555 | €6,525 | €6,330 | ▼ 3.0% |
| Other operating charges640/8 | €464 | €1,273 | €724 | €1,470 | €949 | ▼ 35.5% |
| Gross operating margin9900 | €7,762 | €5,106 | €7,559 | €22,073 | €7,688 | ▼ 65.2% |
| Operating profit (loss)9901 | €4,976 | €2,124 | €5,280 | €14,078 | €409 | ▼ 97.1% |
| Financial income75/76B | €15 | - | €258 | - | €7 | - |
| Recurring financial income75 | €15 | - | €258 | - | €7 | - |
| Financial charges65/66B | €135 | €274 | €67 | €72 | €72 | ▲ 0.2% |
| Recurring financial charges65 | €135 | €274 | €67 | €72 | €72 | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | €4,856 | €1,850 | €5,471 | €14,006 | €344 | ▼ 97.5% |
| Income taxes67/77 | €1,487 | €676 | €1,919 | €3,246 | €754 | ▼ 76.8% |
| Profit (loss) for the period9904 | €3,370 | €1,174 | €3,552 | €10,760 | -€410 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €3,370 | €1,174 | €3,552 | €10,760 | -€410 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,603 | €22,082 | €13,482 | €24,652 | €25,072 | ▲ 1.7% |
| Fixed assets21/28 | €1,841 | €2,431 | €3,211 | €14,320 | €8,989 | ▼ 37.2% |
| Tangible fixed assets22/27 | €1,841 | €2,431 | €3,211 | €14,320 | €8,989 | ▼ 37.2% |
| Plant, machinery and equipment23 | - | - | €2,287 | €2,054 | €1,820 | ▼ 11.4% |
| Furniture and vehicles24 | €1,841 | €2,431 | €924 | €12,266 | €7,169 | ▼ 41.6% |
| Current assets29/58 | €28,762 | €19,651 | €10,271 | €10,332 | €16,082 | ▲ 55.7% |
| Amounts receivable within one year40/41 | €237 | €315 | €10,148 | €562 | €7,305 | ▲ 1,201% |
| Trade receivables40 | - | €150 | €526 | €307 | €7,051 | ▲ 2,194% |
| Other amounts receivable41 | €237 | €165 | €9,623 | €254 | €254 | = |
| Cash at bank and in hand54/58 | €27,465 | €6,596 | €122 | €8,407 | €7,188 | ▼ 14.5% |
| Deferred charges and accrued income490/1 | €1,060 | €12,739 | - | €1,363 | €1,590 | ▲ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,603 | €22,082 | €13,482 | €24,652 | €25,072 | ▲ 1.7% |
| Equity10/15 | €5,170 | €6,344 | €9,896 | €20,656 | €17,305 | ▼ 16.2% |
| Contributions10/11 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Outside capital11 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Other1109/19 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Profit (loss) carried forward14 | €3,370 | €4,544 | €8,096 | €18,856 | €15,505 | ▼ 17.8% |
| Amounts payable17/49 | €25,433 | €15,738 | €3,587 | €3,996 | €7,767 | ▲ 94.4% |
| Amounts payable within one year42/48 | €25,433 | €15,738 | €3,587 | €3,996 | €7,767 | ▲ 94.4% |
| Financial debts43 | - | - | €258 | €366 | €215 | ▼ 41.2% |
| Credit institutions430/8 | - | - | €258 | €366 | €215 | ▼ 41.2% |
| Trade debts44 | €2,384 | €258 | €1,409 | €448 | €3,740 | ▲ 735% |
| Suppliers440/4 | €2,384 | €258 | €1,409 | €448 | €3,740 | ▲ 735% |
| Taxes, remuneration and social security45 | €3,987 | €676 | €1,919 | €3,027 | €3,357 | ▲ 10.9% |
| Taxes450/3 | €3,987 | €676 | €1,919 | €3,027 | €3,357 | ▲ 10.9% |
| Other amounts payable47/48 | €19,062 | €14,804 | - | €155 | €455 | ▲ 194% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,370 | €1,174 | €3,552 | €10,760 | -€410 | ▼ 104% |
| + Depreciation and write-downs630 | €2,322 | €1,708 | €1,555 | €6,525 | €6,330 | ▼ 3.0% |
| Operating cash flow (approximation) | €5,692 | €2,882 | €5,106 | €17,285 | €5,920 | ▼ 65.8% |
| Investment in fixed assets (approximation) | - | -€2,298 | -€2,335 | -€17,634 | -€999 | ▲ 94.3% |
| Change in cash | - | -€20,868 | -€6,474 | €8,284 | -€1,219 | ▼ 115% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€410
Net result drops to -€410, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2021net €10,760 ▲203%
Operating result €14,078, net result €10,760, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.86
Current ratio from 1.25 to 2.86; short-term debt falls from €15,738 to €3,587.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2020
Ground area
125 m²
Building footprint
125 m²
Volume, LiDAR
522 m³
Parcel 25764Q0566/00_000, Wallonia · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IMMO TK
since 20202.300.421.217
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0566/00_000 | Wallonia | 125 m² | 1 · 125 m² | 5.7 m · 1 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.
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 3,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
90391Promotion and organisation of arts and performing arts events
93199Other sports activities
93299Other amusement and recreation activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744665139
Also
9925:BE0744665139
Registered
17-11-2025
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.