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IMMO TOUBKAL

Active
Private limited companyfounded 2014active for 11 yearsPicardstraat 76, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0566.974.007
Summary

The computed 12-month bankruptcy probability of IMMO TOUBKAL is 2.9% (moderate). The 2025 annual accounts show negative equity (-€1.4m) and a net result of -€1.3m. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 8% of 16,824 sector peers (NACE 68, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Property management for co-owned buildings (syndics)
NACE 68321
1 site
Size
€3.4mtotal assets 2025
Equity
-€1.4m
Loss
-€1.3m
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts filed 31 days late1 of 5 deeds read
Why 48raises riskLiquidity: current ratio 0.71, cash €5Loss of €1.3m, the second in a row (financial year 2025)Latest accounts 31 days late; 2 of the last 3 latelowers riskSize: total assets €3.4mShow the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 1% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Weak
Solvency 0-23
equity -40.5% of total assets
Liquidity 0-50
short-term debt 140.5% · cash 0.0%
Profitability 0-36
return on assets -38.5%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,976 companies, NACE 68, small)
Last 24 months 11-2024: 2.1% 12-2024: 2.3%▲ +0.2 percentage points vs 11-2024 01-2025: 3.8%▲ +1.5 percentage points vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 4.3%▲ +0.5 percentage points vs 02-2025 04-2025: 4.2%▼ -0.1 percentage points vs 03-2025 05-2025: 4.2%● unchanged vs 04-2025 06-2025: 4.3%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 3.9%▼ -0.4 percentage points vs 06-2025 08-2025: 1.3%▼ -2.6 percentage points vs 07-2025lowest value 09-2025: 1.3%● unchanged vs 08-2025lowest value 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.6%▲ +0.3 percentage points vs 02-2026 04-2026: 1.5%▼ -0.1 percentage points vs 03-2026 05-2026: 1.6%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.5%▼ -0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.9%▲ +0.8 percentage points vs 08-2026 10-2026: 2.9%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.71, compared with 51.43 in 2024, below 1; short-term debt: 140.5% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 1% on solvency, 0% on liquidity, 1% on profitability and 1% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.71, cash €5
NBB · annual accounts
lowers risk · Size: total assets €3.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €1.3m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.4m
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
31 days early
2023
761 days late
2022
58 days late
2021
32 days early
2020
146 days late
2019
83 days 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 145 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€1.3m

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.4m View
  • Risk: 6 loss-making years in a rowloss financial year 2025 -€1.3m View
  • Caution: Result fell in 2025from -€20,242 to -€1.3m ▼ 6,346% View
  • Caution: Among the weakest 5% on net resultsector median €6,040 · 16,813 companies -€1.3m View

By topic

Financials

Financial year
2025
Total assets
€3.4m
Loss
-€1.3m
Solvency
-40.5%
Turnover▲ 1.4%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 28-11-2024Resignation: LAAROUBI Mohamed (manager)
  3. 31-12-2023Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Property management for co-owned buildings (syndics)NACE 68321
Founded
30-10-2014
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
22
Annual meeting
Third Tuesday of June at 19:00
Purpose
“L’achat et vente de bien immobilier; La consultance en ingénierie dans son sens le plus…” (deed in French)
Go to Articles of association

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