IMMO VERMAST
ActiveIMMO VERMAST has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €210k. Equity is shrinking by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 9098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▲+2
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.97 in 2024), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
55.9%
Return on assets
32%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €366k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
on the day
2022
on the day
2021
12 d early
2020
1 d early
2019
42 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€366k▲ 15.8%
2024 · €316k
2018: €990k
2019: €980k
2020: €537k
2021: €476k
2022: €266k
2023: €266k
2024: €316k
2018 → 2025
Total assets
€655k▲ 6.6%
2024 · €615k
2018: €1.09M
2019: €1.06M
2020: €1.07M
2021: €674k
2022: €444k
2023: €361k
2024: €615k
2018 → 2025
Net result
€210k▲ 112%
2024 · €99k
2018: €104k
2019: €-11k
2020: €57k
2021: €-61k
2022: €-15k
2023: €139k
2024: €99k
2018 → 2025
Working capital
€353k▲ 22.1%
2024 · €289k
2018: €861k
2019: €830k
2020: €414k
2021: €401k
2022: €224k
2023: €224k
2024: €289k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€476k-€266k▼ 44.1%€266k=€316k▲ 18.8%€366k▲ 15.8%
Operating result€-76k-€-36k▲ 53.3%€174k€128k▼ 26.4%€283k▲ 122%
Net result€-61k-€-15k▲ 75.2%€139k€99k▼ 28.5%€210k▲ 112%
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 recovers in 2025; 2025 is 122% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €655k
Fixed assets
€13k▼ 52.4%
Current assets
€642k▲ 9.3%
Equity and liabilities €655k
Equity
€366k▲ 15.8%
Debt
€289k▼ 3.2%
The debt ratio falls from 48.6% to 44.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€299k▲
2024 · €148k
Cash flow
€225k▲
2024 · €119k
Solvency
55.9%▲
2024 · 51.4%
Current ratio
2.22▲
2024 · 1.97
Quick ratio
2.22▲
2024 · 1.97
Debt / equity
0.79▼
2024 · 0.95
ROE
57.3%▲
2024 · 31.4%
ROA
32.0%▲
2024 · 16.1%
Interest coverage
39.34▼
2024 · 48.36
Debt
€289k▼
2024 · €299k
Debt ≤ 1 year
€289k▼
2024 · €299k
Income taxes
€84k▲
2024 · €40k
Staff costs
€57k▼
2024 · €93k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€615k€655k▲
Fixed assets21/28€27k€13k▼
Intangible fixed assets21€11k€5k▼
Tangible fixed assets22/27€16k€8k▼
Land and buildings22€9k€5k▼
Plant, machinery and equipment23€2k€892▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€588k€642k▲
Amounts receivable within one year40/41€379k€529k▲
Trade receivables40€26k€28k▲
Other amounts receivable41€354k€501k▲
Cash at bank and in hand54/58€203k€113k▼
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€615k€655k▲
Equity10/15€316k€366k▲
Contributions10/11€12k€12k=
Reserves13€304k€354k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€302k€352k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€299k€289k▼
Amounts payable within one year42/48€299k€289k▼
Trade debts44€63k€29k▼
Suppliers440/4€63k€29k▼
Taxes, remuneration and social security45€120k€150k▲
Taxes450/3€107k€139k▲
Remuneration and social security454/9€13k€11k▼
Other amounts payable47/48€116k€110k▼
Income statement
Code20242025
Remuneration, social security and pensions62€93k€57k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€10k€903▼
Gross operating margin9900€255k€357k▲
Operating profit (loss)9901€128k€283k▲
Financial income75/76B€15k€18k▲
Recurring financial income75€15k€18k▲
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€8k▲
Profit (loss) for the period before taxes9903€140k€294k▲
Income taxes67/77€40k€84k▲
Profit (loss) for the period9904€99k€210k▲
Profit (loss) for the period to be appropriated9905€99k€210k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€210k▲
Transfer to equity691/2€50k€50k▼
To other reserves6921€50k€50k▼
Profit to be distributed694/7€49k€160k▲
Return on contributions (dividend)694€49k€160k▲
Social balance
Average headcount (FTE)90871.21.1▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €210k ▲112%
Operating result €283k, net result €210k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €139k
Net result €139k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-61k ▼207%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Overijse · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 5273090 OverijseGround area
1,030 m²
Building footprint
195 m²
Volume, LiDAR
962 m³
Parcel 23062M0400/00A000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO VERMAST
since 20102.194.787.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062M0400/00A000 | Flanders | 1,030 m² | 1 · 194 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 22,487 EUR awarded · 24,288 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 7,500 EUR |
| 2024 | 1 | 5,760 EUR | 5,760 EUR |
| 2023 | 1 | 4,199 EUR | 6,000 EUR |
| 2022 | 1 | 5,028 EUR | 5,028 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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MERCUTIO
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SOBELLE
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-12-2010
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.