IMMO-TROIANI
ActiveSummary
IMMO-TROIANI has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €638,047. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 73% of 10,996 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, abbreviated format
In the rankings
#5 company by equity in Fleurus, Real estate sector#8 company by total assets in Fleurus, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€638,047▼ 26.4%
2024 · €867,160
Working capital
-€901,700▲ 40.6%
2024 · -€1.5m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 89% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.09m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6.9m
2025
Equity€4.1m
2025
Debt€2.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)9.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency60.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.66
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)18.4
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.3m▲ 534%€0.1m▼ 65.4%€0.08m▼ 31.2%€0.1m▲ 33.3%€0.2m▲ 43.2%€0.8m▲ 411%€0.09m▼ 89.1%
Net result€0.03m-€0.2m▲ 591%€0.3mabove the sector's middle half▲ 49.2%€0.3mabove the sector's middle half▼ 7.9%€0.1mwithin the sector's middle half▼ 57.9%€0.2mabove the sector's middle half▲ 86.9%€0.9mabove the sector's middle half▲ 269%€0.6mabove the sector's middle half▼ 26.4%
Equity€1.4m-€1.7m▲ 15.1%€2.0mwithin the sector's middle half▲ 19.5%€2.3mwithin the sector's middle half▲ 15.1%€2.4mwithin the sector's middle half▲ 5.5%€2.6mwithin the sector's middle half▲ 9.8%€3.5mabove the sector's middle half▲ 32.8%€4.1mabove the sector's middle half▲ 18.2%
Total assets€5.8m-€6.2m▲ 6.5%€6.2mwithin the sector's middle half▲ 1.1%€6.5mwithin the sector's middle half▲ 5.0%€6.6mwithin the sector's middle half▲ 1.6%€6.4mwithin the sector's middle half▼ 3.3%€6.9mwithin the sector's middle half▲ 7.4%€6.9mabove the sector's middle half▼ 0.7%
Debt€4.3m-€4.5m▲ 3.7%€4.2m▼ 5.7%€4.3m▲ 0.3%€4.2m▼ 0.5%€3.8m▼ 10.7%€3.4m▼ 10.3%€2.7m▼ 20.3%
Working capital-€3.5m--€3.3m▲ 6.2%-€2.9mbelow the sector's middle half▲ 10.8%-€2.6mbelow the sector's middle half▲ 9.0%-€2.6mbelow the sector's middle half▲ 2.1%-€2.3mbelow the sector's middle half▲ 9.6%-€1.5mbelow the sector's middle half▲ 35.0%-€0.9mbelow the sector's middle half▲ 40.6%
Solvency24.9%-26.9%▲ 2.0pp31.8%within the sector's middle half▲ 4.9pp34.9%within the sector's middle half▲ 3.1pp36.2%within the sector's middle half▲ 1.3pp41.1%within the sector's middle half▲ 4.9pp50.8%within the sector's middle half▲ 9.7pp60.5%within the sector's middle half▲ 9.7pp
Current ratio0.17-0.25▲ 0.080.30below the sector's middle half▲ 0.040.36below the sector's middle half▲ 0.070.36below the sector's middle half=0.36below the sector's middle half=0.55within the sector's middle half▲ 0.190.66within the sector's middle half▲ 0.12
Return on assets (ROA)0.5%-3.5%▲ 3.0pp5.2%above the sector's middle half▲ 1.7pp4.6%within the sector's middle half▼ 0.6pp1.9%within the sector's middle half▼ 2.7pp3.7%within the sector's middle half▲ 1.8pp12.5%above the sector's middle half▲ 8.9pp9.3%above the sector's middle half▼ 3.2pp
Staff (FTE)10.2-14.9▲ 46.1%16.5above the sector's middle half▲ 10.7%15.4above the sector's middle half▼ 6.7%18.3above the sector's middle half▲ 18.8%18.6above the sector's middle half▲ 1.6%18.2above the sector's middle half▼ 2.2%18.4above the sector's middle half▲ 1.1%
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.9m
Fixed assets
€5.1m =
Current assets
€1.8m ▼ 2.6%
Equity and liabilities €6.9m
Equity
€4.1m ▲ 18.2%
Debt
€2.7m ▼ 20.3%
Debt's share of the balance-sheet total falls from 49.2% to 39.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128,279▼
2024 · €822,375
Cash flow
€680,981▼
2024 · €906,474
Quick ratio
0.53▲
2024 · 0.40
Debt to equity
0.65▼
2024 · 0.97
ROE
15.4%▼
2024 · 24.7%
Interest coverage
5.67▼
2024 · 38.68
Debt ≤ 1 year
€2.7m▼
2024 · €3.4m
Debt > 1 year
€19,580▼
2024 · €42,808
Income taxes
€28,838▼
2024 · €196,999
Staff costs
€930,891▲
2024 · €835,991
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.001m | €0.04m | €0.002m | €0.004m | €0.001m | ▼ 80.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.05m | €0.01m | €0.03m | €0.04m | €0.04m | €0.04m | ▲ 9.2% |
| Other operating charges640/8 | - | - | - | €0.005m | €0.02m | €0.007m | €0.008m | €0.008m | ▼ 2.9% |
| Non-recurring operating charges66A | - | - | - | €0.004m | €0.005m | €0.005m | €0.01m | €0.001m | ▼ 87.6% |
| Gross operating margin9900 | €0.5m | €0.9m | €0.7m | €0.7m | €1.0m | €1.1m | €1.7m | €1.1m | ▼ 36.3% |
| Operating profit (loss)9901 | €0.05m | €0.3m | €0.1m | €0.08m | €0.1m | €0.2m | €0.8m | €0.09m | ▼ 89.1% |
| Financial income75/76B | - | - | - | €0.3m | €0.05m | €0.2m | €0.3m | €0.6m | ▲ 99.8% |
| Recurring financial income75 | €0.001m | €123 | €0.2m | €0.2m | €0.05m | €0.2m | €0.3m | €0.6m | ▲ 99.8% |
| Non-recurring financial income76B | - | - | - | €0.001m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.04m | €0.02m | €0.02m | ▲ 6.3% |
| Recurring financial charges65 | €0.007m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 6.3% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.01m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.3m | €0.4m | €0.3m | €0.1m | €0.3m | €1.1m | €0.7m | ▼ 37.3% |
| Income taxes67/77 | €0.03m | €0.1m | €0.03m | €0.02m | €0.02m | €0.04m | €0.2m | €0.03m | ▼ 85.4% |
| Profit (loss) for the period9904 | €0.03m | €0.2m | €0.3m | €0.3m | €0.1m | €0.2m | €0.9m | €0.6m | ▼ 26.4% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.2m | €0.3m | €0.3m | €0.1m | €0.2m | €0.9m | €0.6m | ▼ 26.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.8m | €6.2m | €6.2m | €6.5m | €6.6m | €6.4m | €6.9m | €6.9m | ▼ 0.7% |
| Formation expenses20 | €0.001m | - | - | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €5.1m | €5.1m | €5.0m | €5.0m | €5.2m | €5.1m | €5.1m | €5.1m | = |
| Tangible fixed assets22/27 | €0.08m | €0.06m | €0.02m | €0.04m | €0.2m | €0.1m | €0.08m | €0.08m | ▼ 2.7% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.002m | €0.003m | €0.002m | €0.001m | ▼ 41.1% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.2m | €0.1m | €0.08m | €0.08m | ▼ 1.5% |
| Financial fixed assets28 | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | = |
| Current assets29/58 | €0.7m | €1.1m | €1.2m | €1.5m | €1.5m | €1.3m | €1.8m | €1.8m | ▼ 2.6% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 27.2% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.3% |
| Contracts in progress37 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 45.4% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.5m | €0.8m | €0.8m | €0.5m | €0.6m | €0.8m | ▲ 30.2% |
| Trade receivables40 | - | - | - | €0.6m | €0.7m | €0.4m | €0.5m | €0.6m | ▲ 22.1% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.05m | €0.09m | €0.2m | ▲ 79.7% |
| Current investments50/53 | €0.1m | €0.3m | €0.2m | €0.2m | €0.1m | €0.3m | €0.4m | €0.4m | ▲ 14.5% |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.05m | €0.09m | €0.01m | €0.05m | €0.4m | €0.2m | ▼ 42.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | €228 | €0.005m | €0.01m | ▲ 134% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.8m | €6.2m | €6.2m | €6.5m | €6.6m | €6.4m | €6.9m | €6.9m | ▼ 0.7% |
| Equity10/15 | €1.4m | €1.7m | €2.0m | €2.3m | €2.4m | €2.6m | €3.5m | €4.1m | ▲ 18.2% |
| Contributions10/11 | €0.7m | €0.7m | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.7m | €1.0m | €1.3m | €1.6m | €1.7m | €1.9m | €2.8m | €3.4m | ▲ 22.7% |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.07m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.07m | €0.07m | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.5m | €1.6m | €1.9m | €2.8m | €3.4m | ▲ 22.7% |
| Amounts payable17/49 | €4.3m | €4.5m | €4.2m | €4.3m | €4.2m | €3.8m | €3.4m | €2.7m | ▼ 20.3% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.04m | €0.02m | ▼ 54.3% |
| Financial debts170/4 | - | - | - | €0.1m | €0.2m | €0.1m | €0.04m | €0.02m | ▼ 54.3% |
| Amounts payable within one year42/48 | €4.2m | €4.4m | €4.1m | €4.1m | €4.0m | €3.7m | €3.4m | €2.7m | ▼ 19.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.07m | €0.07m | €0.2m | €0.07m | ▼ 69.6% |
| Trade debts44 | €0.4m | €0.6m | €0.7m | €0.7m | €0.5m | €0.4m | €0.8m | €1.1m | ▲ 46.1% |
| Suppliers440/4 | - | - | - | €0.7m | €0.5m | €0.4m | €0.8m | €1.1m | ▲ 46.1% |
| Advances received on contracts in progress46 | - | - | - | €0.3m | €0.5m | €0.6m | €0.6m | €0.4m | ▼ 42.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.03m | €0.03m | €0.03m | €0.04m | ▲ 35.1% |
| Taxes450/3 | - | - | - | €155 | €167 | €0.005m | €0.005m | €0.01m | ▲ 82.7% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.03m | €0.02m | €0.02m | €0.03m | ▲ 23.9% |
| Other amounts payable47/48 | - | - | - | €3.0m | €2.9m | €2.5m | €1.7m | €1.1m | ▼ 35.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €326 | €0.001m | €0.001m | €291 | ▼ 42.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,462 | €217,466 | €324,489 | €299,010 | €125,844 | €235,194 | €867,160 | €638,047 | ▼ 26.4% |
| + Depreciation and write-downs630 | €61,635 | €55,898 | €45,333 | €12,198 | €34,094 | €44,808 | €39,314 | €42,933 | ▲ 9.2% |
| Operating cash flow (approximation) | €93,097 | €273,364 | €369,823 | €311,208 | €159,938 | €280,002 | €906,474 | €680,981 | ▼ 24.9% |
| Investment in fixed assets (approximation) | - | -€41,436 | -€1,004 | -€38,433 | -€191,750 | €34,361 | €1,889 | -€40,731 | - |
| Change in cash | - | €55,739 | -€102,597 | €35,983 | -€78,226 | €41,239 | €310,955 | -€151,952 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-07-2026 | 2026-00317633 |
| 31-12-2024 | full format | 15-07-2025 | 2025-00269013 |
| 31-12-2023 | full format | 23-07-2024 | 2024-00272334 |
| 31-12-2022 | full format | 24-07-2023 | 2023-00261334 |
| 31-12-2021 | full format | 29-09-2022 | 2022-20439814 |
| 31-12-2020 | full format | 29-08-2021 | 2021-57000070 |
| 31-12-2019 | full format | 31-08-2020 | 2020-48100265 |
| 31-12-2018 | full format | 09-09-2019 | 2019-63700294 |
| 30-09-2017 | full format | 09-04-2018 | 2018-09400541 |
| 30-09-2016 | full format | 14-03-2017 | 2017-06300155 |
Similar companies · same sector, comparable size
GECOK
BE 0435.589.584
Sint-Truiden · equity €4,151,743
ERGO TUA RURA MANEBUNT
BE 0826.447.720
Evergem · equity €4,140,741
OPDEEROY INVEST
BE 0888.405.182
Sint-Niklaas · equity €4,138,338
Immo Cordeel-Aertssen
BE 0475.228.437
Stabroek · equity €4,161,756
TOP INVEST
BE 0444.172.502
Lokeren · equity €4,165,785
Of the 7,224 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,418. 1,964 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.