IMMO VANBUG
ActiveSummary
The computed 12-month bankruptcy probability of IMMO VANBUG is 3.9% (moderate). The 2025 annual accounts show equity of €92k and a net result of €21k. Equity is growing by ~38.1% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+11
Solvency40▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.06 in 2024; short-term debt: 6% and cash: 5.5% of total assets), and 84.9% of the assets are financed with debt.
Credit check for your own amount and term
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.1%
Return on assets
3.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
52 d early
2024
51 d early
2023
55 d early
2022
49 d early
2021
28 d early
2020
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▲ 29.9%
2024 · €71k
2020: €-567lowest in 6 years
2021: €20k▲ +3554% vs 2020
2022: €38k▲ +93.9% vs 2021
2023: €59k▲ +54.4% vs 2022
2024: €71k▲ +20.6% vs 2023
2025: €92k▲ +29.9% vs 2024highest in 6 years
2020 → 2025
Total assets
€607k▼ 2.6%
2024 · €624k
2020: €681khighest in 6 years
2021: €672k▼ -1.4% vs 2020
2022: €660k▼ -1.8% vs 2021
2023: €649k▼ -1.7% vs 2022
2024: €624k▼ -3.9% vs 2023
2025: €607k▼ -2.6% vs 2024lowest in 6 years
2020 → 2025
Net result
€21k▲ 74.6%
2024 · €12k
2020: €-7klowest in 6 years
2021: €20k▲ +398% vs 2020
2022: €18k▼ -8.7% vs 2021
2023: €21k▲ +12.3% vs 2022
2024: €12k▼ -41.5% vs 2023
2025: €21k▲ +74.6% vs 2024highest in 6 years
2020 → 2025
Working capital
€-3k
2024 · €2k
2020: €-9klowest in 6 years
2021: €-2k▲ +75.6% vs 2020
2022: €3k▲ +220% vs 2021
2023: €9k▲ +239% vs 2022highest in 6 years
2024: €2k▼ -78.4% vs 2023
2025: €-3k▼ -274% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€38k▲ 93.9%€59k▲ 54.4%€71k▲ 20.6%€92k▲ 29.9%
2021: €20klowest in 5 years
2022: €38k▲ +93.9% vs 2021
2023: €59k▲ +54.4% vs 2022
2024: €71k▲ +20.6% vs 2023
2025: €92k▲ +29.9% vs 2024highest in 5 years
Operating result€42k-€42k▲ 0.7%€44k▲ 5.0%€41k▼ 7.1%€50k▲ 21.9%
2021: €42k
2022: €42k▲ +0.7% vs 2021
2023: €44k▲ +5.0% vs 2022
2024: €41k▼ -7.1% vs 2023lowest in 5 years
2025: €50k▲ +21.9% vs 2024highest in 5 years
Net result€20k-€18k▼ 8.7%€21k▲ 12.3%€12k▼ 41.5%€21k▲ 74.6%
2021: €20k
2022: €18k▼ -8.7% vs 2021
2023: €21k▲ +12.3% vs 2022
2024: €12k▼ -41.5% vs 2023lowest in 5 years
2025: €21k▲ +74.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €607k
Fixed assets
€574k ▼ 2.2%
Current assets
€33k ▼ 9.1%
Equity and liabilities €607k
Equity
€92k ▲ 29.9%
Debt
€516k ▼ 6.8%
Debt's share of the balance-sheet total falls from 88.7% to 84.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2024 · €59k
Cash flow
€40k▲
2024 · €30k
Current ratio
0.91▼
2024 · 1.06
Debt to equity
5.61▼
2024 · 7.82
ROE
23.0%▲
2024 · 17.1%
ROA
3.5%▲
2024 · 1.9%
Interest coverage
3.62▲
2024 · 2.54
Debt ≤ 1 year
€37k▲
2024 · €34k
Debt > 1 year
€469k▼
2024 · €515k
Income taxes
€10k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€624k€607k▼
Fixed assets21/28€587k€574k▼
Tangible fixed assets22/27€587k€574k▼
Land and buildings22€577k€561k▼
Other tangible fixed assets26€10k€13k▲
Current assets29/58€36k€33k▼
Amounts receivable within one year40/41€3k-
Other amounts receivable41€3k-
Cash at bank and in hand54/58€33k€33k▼
Equity and liabilities
Total equity and liabilities10/49€624k€607k▼
Equity10/15€71k€92k▲
Contributions10/11€6k€6k=
Reserves13€64k€86k▲
Distributable reserves133€64k€86k▲
Profit (loss) carried forward14€79€90▲
Amounts payable17/49€553k€516k▼
Amounts payable after more than one year17€515k€469k▼
Financial debts170/4€334k€300k▼
Other amounts payable178/9€180k€169k▼
Amounts payable within one year42/48€34k€37k▲
Current portion of amounts payable after more than one year42€33k€34k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Accrued charges and deferred income492/3€4k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€63k€72k▲
Operating profit (loss)9901€41k€50k▲
Financial charges65/66B€23k€19k▼
Recurring financial charges65€23k€19k▼
Profit (loss) for the period before taxes9903€18k€31k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€12k€21k▲
Profit (loss) for the period to be appropriated9905€12k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€21k▲
Profit (loss) brought forward from the previous period14P€76€79▲
Transfer to equity691/2€12k€21k▲
To other reserves6921€12k€21k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €18k | €18k | €19k | ▲ 2.0% |
| Other operating charges640/8 | - | €3k | €3k | €4k | €3k | ▼ 22.8% |
| Gross operating margin9900 | €63k | €63k | €65k | €63k | €72k | ▲ 13.4% |
| Operating profit (loss)9901 | €42k | €42k | €44k | €41k | €50k | ▲ 21.9% |
| Financial charges65/66B | - | €15k | €14k | €23k | €19k | ▼ 18.8% |
| Recurring financial charges65 | €15k | €15k | €14k | €23k | €19k | ▼ 18.8% |
| Profit (loss) for the period before taxes9903 | €26k | €27k | €30k | €18k | €31k | ▲ 75.4% |
| Income taxes67/77 | €6k | €9k | €9k | €6k | €10k | ▲ 77.0% |
| Profit (loss) for the period9904 | €20k | €18k | €21k | €12k | €21k | ▲ 74.6% |
| Profit (loss) for the period to be appropriated9905 | €20k | €18k | €21k | €12k | €21k | ▲ 74.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €672k | €660k | €649k | €624k | €607k | ▼ 2.6% |
| Fixed assets21/28 | €642k | €624k | €606k | €587k | €574k | ▼ 2.2% |
| Tangible fixed assets22/27 | €642k | €624k | €606k | €587k | €574k | ▼ 2.2% |
| Land and buildings22 | - | €609k | €593k | €577k | €561k | ▼ 2.8% |
| Other tangible fixed assets26 | - | €14k | €12k | €10k | €13k | ▲ 31.3% |
| Current assets29/58 | €30k | €36k | €44k | €36k | €33k | ▼ 9.1% |
| Amounts receivable within one year40/41 | €2k | €689 | - | €3k | - | - |
| Other amounts receivable41 | - | €689 | - | €3k | - | - |
| Cash at bank and in hand54/58 | €28k | €36k | €44k | €33k | €33k | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €672k | €660k | €649k | €624k | €607k | ▼ 2.6% |
| Equity10/15 | €20k | €38k | €59k | €71k | €92k | ▲ 29.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €13k | €32k | €52k | €64k | €86k | ▲ 32.7% |
| Distributable reserves133 | - | €32k | €52k | €64k | €86k | ▲ 32.7% |
| Profit (loss) carried forward14 | €32 | €66 | €76 | €79 | €90 | ▲ 13.6% |
| Amounts payable17/49 | €653k | €622k | €591k | €553k | €516k | ▼ 6.8% |
| Amounts payable after more than one year17 | €616k | €585k | €552k | €515k | €469k | ▼ 8.9% |
| Financial debts170/4 | - | €400k | €367k | €334k | €300k | ▼ 10.2% |
| Other amounts payable178/9 | - | €185k | €185k | €180k | €169k | ▼ 6.5% |
| Amounts payable within one year42/48 | €32k | €34k | €35k | €34k | €37k | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | - | €32k | €33k | €33k | €34k | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | €2k | €2k | €1k | €2k | ▲ 105% |
| Taxes450/3 | - | €2k | €2k | €1k | €2k | ▲ 105% |
| Accrued charges and deferred income492/3 | - | €4k | €4k | €4k | €10k | ▲ 159% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €18k | €21k | €12k | €21k | ▲ 74.6% |
| + Depreciation and write-downs630 | €18k | €18k | €18k | €18k | €19k | ▲ 2.0% |
| Operating cash flow (approximation) | €38k | €37k | €39k | €30k | €40k | ▲ 30.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-6k | - |
| Change in cash | - | €8k | €8k | €-10k | €-253 | ▲ 97.6% |
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
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2020net €21k ▲74.6%
Operating result €50k, net result €21k, both a record.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2019
Ground area
215 m²
Building footprint
155 m²
Volume, LiDAR
1,294 m³
Parcel 21816C0026/00L016, Brussels · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Immo Vanbug
since 20192.290.330.049
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0026/00L016 | Brussels | 215 m² | 1 · 155 m² | 15.1 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded21-02-2019
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.