Equity
€25,152 from €13.8m in 2010
Equity fell by 100% in 15 years.
IMMO VM
Part of the group
36 companies in 6 countries
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €2.2m (2025)
€2.2m
lowest -€12.4m (2009)
€852,063▲ €1.0m
peak €13.8m (2010)
€25,152▲ €852,063
€8.5m▼ 20.5%
peak 14 FTE (2010)
-not published
Board10 names since 2010
3 directors and 2 others
Owners5 names in the annual accounts
100%
Documentsfilings and deeds
13-08-202613 days late
2025financial year
Back to profit: €852,063Equity from -€826,911 to €25,152Debts from €10.7m to €8.5mCash from €22,560 to €382,889
Key points
from the 2025 annual accountsResult
€852,063 €852,063
Back in profit in 2025, after a loss of €148,983 in 2024.
Debts
€8.5m 100% of the balance sheet
Financial debts 50%Suppliers 0%Taxes and wages 0%Other 49%
Of this, €7.0m falls due within a year.
Payment terms
10 days to suppliers
IMMO VM pays its suppliers 53 days earlier than in 2024.
Board
1 joined · 1 left
Board changed. Latest change 01-01-2026 · 3 in office.
Position in the sector
0.3%
Lower solvency than 90% of companies in advertising and market research. Sector median 44.4% · 480 companies.
2025 accounts filed 13 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 167 companies had the same profile as IMMO VM has now. Each dot is one company, two years later.
97.0%
were still trading
1.8%
stopped another way
1.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 167 companies, not a prediction for IMMO VM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director,
Director, , since 01-01-2020
Director, , since 01-01-2026
Auditor
- 100%equity €36.3m (2025) · 2025 annual accounts of
Shares in 3 companies, including and
Board & ownershipRecent changes
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 23-12-2025 · Gazette deed
Reappointment: (director)
Permanent representative: · General meeting of 28-06-2024 · Gazette deed
1 statutory auditor reappointed
(statutory auditor) · Permanent representatives: and · General meeting of 06-06-2023 · Gazette deed
Capital increase of €2,500,000 to €6,080,000
Capital from €3,580,000 to €6,080,000 · General meeting of 08-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMMO VM Kortrijk | €2.2m | 41.3% | 0.3% | - |
| Union des Villes et Communes de Wallonie Namur | €2.3m | -7.5% | 56.2% | 76.3 |
| DIRECT SOCIAL COMMUNICATIONS Anderlecht | €5.0m | -0.8% | 59.2% | 35.9 |
| SOMA Hasselt | €1.5m | -1.0% | 85.9% | 2.4 |
| TECH-HOLDING Tournai | €8.5m | 2.5% | 34.1% | 24.8 |
| BEER MANAGEMENT Woluwe-Saint-Pierre | €0.6m | 9.6% | 94.3% | - |
| Aide à la Décision Economique Ottignies-Louvain-la-Neuve | €5.8m | 9.6% | 27.4% | 21.6 |
Grey: the largest companies of the sector (advertising and market research (NACE 73)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as IMMO VM: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €4.5m and €14m, founded between 1984 and 1993.
Official details
Source: KBO- Status
- Active since 07-04-1989Normal situation
- Registered office
- 21 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Market research and public opinion pollingNACE 73200
- Establishment unit
- 2.276.827.6498511 Kortrijk, since 11-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on IMMO VM
IMMO VM has existed since 1989. Turnover fell from €1.4m in 2010 to €311,000 in 2011 and staff from 14 to 3.6 full-time equivalents.
Solvency rose in 2025 from -8.3% to 0.3% because of the retained profit and lower debts.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMMO VM
- What is the company number of IMMO VM?
- The company number of IMMO VM is 0437.251.650. The VAT number is the same number with BE in front: BE 0437.251.650.
- Where is IMMO VM based?
- The registered office is at LAR Blok Z 5, 8511 Kortrijk.Company details
- What does IMMO VM do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of IMMO VM?
- IMMO VM is a public limited company (NV).
- When was IMMO VM founded?
- IMMO VM was founded on 07-04-1989.
- Is IMMO VM still active?
- Yes, IMMO VM is an active enterprise in the KBO register.
- How many employees does IMMO VM have?
- IMMO VM had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of IMMO VM?
- The turnover of IMMO VM was €2.2m in financial year 2025, according to the filed annual accounts.
- Is IMMO VM profitable?
- In financial year 2025, IMMO VM made a profit of €852,063.
- Where can I find the annual accounts of IMMO VM?
- IMMO VM filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMMO VM due?
- IMMO VM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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