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Immo-United

Active
Private limited companyfounded 20223 yrs activeKortrijksesteenweg 1005, 9000 Gent, BelgiumKBO/BCE: BE 0794.874.418
Summary

Immo-United has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €455,006 and a net result of €103,356. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability85▲+85
Solvency58▲+4
Growth85
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.17 in 2023; short-term debt: 23.4% and cash: 20.3% of total assets), but 67% of the assets are financed with debt.
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Signals

Three 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
46 d early
2024
49 d early
2023
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 46 days before 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 15 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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 16 December 2022, Immo-United was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, full schema

Turnover
€1.1m▲ 20.8%
2023 · €934,713
EBIT margin
11.6%▲ 36.2pp
2023 · -24.5%
Net result
€103,356
2023 · -€248,349
Working capital
€197,201▲ 336%
2023 · €45,187
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
Line20232024
Turnover€934,713-€1.1m▲ 20.8%
Operating result-€229,338-€131,334
Net result-€248,349below the sector's middle half-€103,356within the sector's middle half
EBIT margin-24.5%-11.6%▲ 36.2pp
Equity€351,651within the sector's middle half-€455,006within the sector's middle half▲ 29.4%
Total assets€1.2mwithin the sector's middle half-€1.4mwithin the sector's middle half▲ 13.4%
Debt€864,033-€923,152▲ 6.8%
Working capital€45,187within the sector's middle half-€197,201within the sector's middle half▲ 336%
Solvency28.9%within the sector's middle half-33.0%within the sector's middle half▲ 4.1pp
Current ratio1.17within the sector's middle half-1.61within the sector's middle half▲ 0.44
Return on assets (ROA)-20.4%below the sector's middle half-7.5%above the sector's middle half▲ 27.9pp
Staff (FTE)0.7within the sector's middle half-0below the sector's middle half▼ 100%
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.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2023: -€229,338-€229,338Net result 2023: -€248,349-€248,349Operating result 2024: €131,334€131,334Net result 2024: €103,356€103,35620232024-€300,000-€200,000-€100,000€0€100,000Operating result 2023: -€229,338-€229,000Net result 2023: -€248,349-€248,000Operating result 2024: €131,334€131,000Net result 2024: €103,356€103,00020232024
The operating result returns to profit in 2024: €131,334 after a loss of €229,338 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €855,890 ▼ 5.2%
Current assets €520,259 ▲ 68.3%
Equity and liabilities €1.4m
Equity €455,006 ▲ 29.4%
Debt €923,152 ▲ 6.8%
Debt's share of the balance-sheet total falls from 71.1% to 67.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€363,268▲
2023 · -€51,113
Cash flow
€335,290▲
2023 · -€70,124
Debt to equity
2.03▼
2023 · 2.46
ROE
22.7%▲
2023 · -70.6%
Interest coverage
13.61▲
2023 · -2.84
Debt ≤ 1 year
€323,058▲
2023 · €263,939
Debt > 1 year
€600,000=
2023 · €600,000
Income taxes
€0▼
2023 · €222
Staff costs
€171▼
2023 · €83,678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 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% 1.9%
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 3,126 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 · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€1.4m▲
Formation expenses20€4,017€2,009▼
Fixed assets21/28€902,541€855,890▼
Intangible fixed assets21€902,541€855,890▼
Current assets29/58€309,126€520,259▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€239,509€240,785▲
Trade receivables40€52,935€80,381▲
Other amounts receivable41€186,574€160,404▼
Cash at bank and in hand54/58€69,617€279,474▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.4m▲
Equity10/15€351,651€455,006▲
Contributions10/11€600,000€600,000=
Profit (loss) carried forward14-€248,349-€144,994▲
Amounts payable17/49€864,033€923,152▲
Amounts payable after more than one year17€600,000€600,000=
Other amounts payable178/9€600,000€600,000=
Amounts payable within one year42/48€263,939€323,058▲
Trade debts44€244,583€290,938▲
Suppliers440/4€244,583€290,938▲
Taxes, remuneration and social security45€6,513€13,430▲
Taxes450/3€6,513€9,417▲
Remuneration and social security454/9-€4,013
Other amounts payable47/48€12,842€18,690▲
Accrued charges and deferred income492/3€94€94▲
Income statement Code20232024
Operating income70/76A€944,741€1.1m▲
Turnover70€934,713€1.1m▲
Other operating income74€10,028€4,547▼
Operating charges60/66A€1.2m€1.0m▼
Services and other goods61€911,444€768,937▼
Remuneration, social security and pensions62€83,678€171▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178,225€231,934▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€963
Other operating charges640/8€732€528▼
Operating profit (loss)9901-€229,338€131,334▲
Financial income75/76B-€0
Recurring financial income75-€0
Other financial income752/9-€0
Financial charges65/66B€18,789€27,979▲
Recurring financial charges65€18,789€27,979▲
Debt charges650€17,977€26,700▲
Other financial charges652/9€812€1,279▲
Profit (loss) for the period before taxes9903-€248,127€103,356▲
Income taxes67/77€222€0▼
Taxes670/3€222€0▼
Profit (loss) for the period9904-€248,349€103,356▲
Profit (loss) for the period to be appropriated9905-€248,349€103,356▲
Appropriation of the result
Profit (loss) to be appropriated9906-€248,349-€144,994▲
Profit (loss) brought forward from the previous period14P--€248,349
Social balance
Average headcount (FTE)90870.70.0▼

The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Operating income70/76A€944,741€1.1m▲ 20.0%
Turnover70€934,713€1.1m▲ 20.8%
Other operating income74€10,028€4,547▼ 54.7%
Operating charges60/66A€1.2m€1.0m▼ 14.6%
Services and other goods61€911,444€768,937▼ 15.6%
Remuneration, social security and pensions62€83,678€171▼ 99.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178,225€231,934▲ 30.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€963-
Other operating charges640/8€732€528▼ 27.9%
Operating profit (loss)9901-€229,338€131,334▲ 157%
Financial income75/76B-€0-
Recurring financial income75-€0-
Other financial income752/9-€0-
Financial charges65/66B€18,789€27,979▲ 48.9%
Recurring financial charges65€18,789€27,979▲ 48.9%
Debt charges650€17,977€26,700▲ 48.5%
Other financial charges652/9€812€1,279▲ 57.5%
Profit (loss) for the period before taxes9903-€248,127€103,356▲ 142%
Income taxes67/77€222€0▼ 100%
Taxes670/3€222€0▼ 100%
Profit (loss) for the period9904-€248,349€103,356▲ 142%
Profit (loss) for the period to be appropriated9905-€248,349€103,356▲ 142%
Line20232024Change
Assets
Total assets20/58€1.2m€1.4m▲ 13.4%
Formation expenses20€4,017€2,009▼ 50.0%
Fixed assets21/28€902,541€855,890▼ 5.2%
Intangible fixed assets21€902,541€855,890▼ 5.2%
Current assets29/58€309,126€520,259▲ 68.3%
Stocks and contracts in progress3€0€0-
Amounts receivable within one year40/41€239,509€240,785▲ 0.5%
Trade receivables40€52,935€80,381▲ 51.8%
Other amounts receivable41€186,574€160,404▼ 14.0%
Cash at bank and in hand54/58€69,617€279,474▲ 301%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.4m▲ 13.4%
Equity10/15€351,651€455,006▲ 29.4%
Contributions10/11€600,000€600,000=
Profit (loss) carried forward14-€248,349-€144,994▲ 41.6%
Amounts payable17/49€864,033€923,152▲ 6.8%
Amounts payable after more than one year17€600,000€600,000=
Other amounts payable178/9€600,000€600,000=
Amounts payable within one year42/48€263,939€323,058▲ 22.4%
Trade debts44€244,583€290,938▲ 19.0%
Suppliers440/4€244,583€290,938▲ 19.0%
Taxes, remuneration and social security45€6,513€13,430▲ 106%
Taxes450/3€6,513€9,417▲ 44.6%
Remuneration and social security454/9-€4,013-
Other amounts payable47/48€12,842€18,690▲ 45.5%
Accrued charges and deferred income492/3€94€94▲ 0.1%
Line20232024Change
Profit (loss) for the period9904-€248,349€103,356▲ 142%
+ Depreciation and write-downs630€178,225€231,934▲ 30.1%
Operating cash flow (approximation)-€70,124€335,290▲ 578%
Investment in fixed assets (approximation)--€185,284-
Change in cash-€209,857-

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
24-09
State Gazette act Resignations: Marleen De Vijt, Olivier Hilderson and 5 others
Permanent representative: Leslie Cottenje · Reappointments: Marleen De Vijt, Olivier Hilderson and 3 others · Appointments: Chris Tielemans, Olivier De Greve and Willem Degol18 facts ▸
  • General meeting, 10-06-2026
  • Director resignation, Marleen De Vijt (director)
  • Director resignation, Olivier Hilderson (director)
  • Director resignation, Annouck Truyens (director)
  • Director resignation, Maïté Maes (director)
  • Director resignation, Rik Schepens (director)
  • Director resignation, Willem Degol (director)
  • Director resignation, ORBI BEAU bv (director)
  • Permanent representative, Leslie Cottenje (permanent representative)
  • Director reappointment, Marleen De Vijt (director)
  • Director reappointment, Olivier Hilderson (director)
  • Director reappointment, Maïté Maes (director)
  • +6 further facts in this act
15-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €103,356
Net result €103,356 after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26119596). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Willem Degol
Chair · since 24-09-2026 · Director
Current
Chris Tielemans
Director · since 24-09-2026
Current
Olivier De Greve
Director · since 24-09-2026
Current
Current
Maïté Maes
Director
Current
Current
Rik Schepens
Director
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,683 m²
Building footprint
321 m²
Volume, LiDAR
2,911 m³
Parcel 44809I0547/00N002, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Immo-United
Kortrijksesteenweg 1005, 9000 GentReal estate development
since 20222.340.197.749
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809I0547/00N002 Flanders 1,683 m² 1 · 321 m² 13.1 m · 3 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.

Mandate history

9 people since 2026, 7 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Chris Tielemans
  • Director, from 24-09-2026 to date
Marleen De Vijt
  • Director, already before 24-09-2026 to date
Maïté Maes
  • Director, already before 24-09-2026 to date
Olivier De Greve
  • Director, from 24-09-2026 to date
Olivier Hilderson
  • Director, already before 24-09-2026 to date
Rik Schepens
  • Director, already before 24-09-2026 to date
Willem Degol
  • Chair, from 24-09-2026 to date
  • Director, already before 24-09-2026 to date
Annouck Truyens
  • Director, until 24-09-2026
OBRI BEAU
  • Director, until 24-09-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

7 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 4,683 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
Founded16-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794874418
Registered 08-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.