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IMMO2CLEAN

Active
Private limited companyfounded 2010active for 16 yearsRue Longchamps 17, 1470 Genappe, BelgiumKBO/BCE: BE 0830.298.917
Summary

IMMO2CLEAN has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €156,792 and a net result of €33,318. Equity is growing by about 24% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2024, full format

2025 annual accounts filed late (70 days) Filed on 9 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556100.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33,318▲ 134%
2023 · €14,218
Working capital
-€178,604▼ 9.3%
2023 · -€163,388
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 29% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.06m 2024 Net result€0.03m 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.006m-€0.05m▲ 733%€0.05m€0.04m▼ 28.8%€0.05m▲ 26.8%€0.06m▲ 29.4%
Net result-€127-€0.03m€0.02m€0.01m▼ 54.3%€0.01m▲ 46.8%€0.03m▲ 134%
Equity€0.01m-€0.04m▲ 307%€0.04m=€0.1m▲ 145%€0.1m▲ 9.7%€0.1m▲ 13.0%€0.2m▲ 27.0%
Total assets€0.2m-€0.6m▲ 142%€0.6m=€1.2m▲ 113%€1.1m▼ 5.5%€1.1m▼ 3.3%€1.2m▲ 10.1%
Debt€0.2m-€0.5m▲ 134%€0.5m=€1.1m▲ 111%€1.0m▼ 6.8%€1.0m▼ 5.1%€1.0m▲ 8.0%
Working capital-€0.06m-€0.2m€0.2m=-€0.2m-€0.2m▲ 11.6%-€0.2m▼ 1.0%-€0.2m▼ 9.3%
Staff (FTE)4.2
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets €1.1m ▲ 8.7%
Current assets €121,838 ▲ 24.4%
Equity and liabilities €1.2m
Equity €156,792 ▲ 27.0%
Debt €1.0m ▲ 8.0%
Debt's share of the balance-sheet total falls from 88.6% to 86.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€91,939▲
2023 · €77,382
Cash flow
€61,221▲
2023 · €42,121
Current ratio
0.41▲
2023 · 0.37
Debt to equity
6.62▼
2023 · 7.79
ROE
21.2%▲
2023 · 11.5%
ROA
2.8%▲
2023 · 1.3%
Interest coverage
4.82▲
2023 · 3.58
Debt ≤ 1 year
€300,442▲
2023 · €261,298
Debt > 1 year
€737,836▲
2023 · €699,884
Income taxes
€11,654▼
2023 · €13,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.9% stopped otherwise
98.0% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,474 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% 1.8%
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 74.5% 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 4,107 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 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€1.0m€1.1m▲
Tangible fixed assets22/27€1.0m€1.0m▼
Land and buildings22€1.0m€1.0m▼
Financial fixed assets28-€0.09m
Current assets29/58€0.1m€0.1m▲
Amounts receivable within one year40/41€0.07m€0.08m▲
Other amounts receivable41€0.07m€0.08m▲
Cash at bank and in hand54/58€0.02m€0.04m▲
Deferred charges and accrued income490/1€0.01m-
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.1m€0.2m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.002m€0.002m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14€0.1m€0.1m▲
Amounts payable17/49€1.0m€1.0m▲
Amounts payable after more than one year17€0.7m€0.7m▲
Financial debts170/4€0.7m€0.7m▲
Amounts payable within one year42/48€0.3m€0.3m▲
Current portion of amounts payable after more than one year42€0.04m€0.06m▲
Trade debts44€0.04m€0.03m▼
Suppliers440/4€0.04m€0.03m▼
Taxes, remuneration and social security45€0.007m€0.02m▲
Taxes450/3€0.007m€0.02m▲
Other amounts payable47/48€0.2m€0.2m▲
Accrued charges and deferred income492/3€0.001m€445▼
Income statement Code20232024
Non-recurring operating income76A-€0.005m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m=
Other operating charges640/8€0.007m€0.007m▲
Gross operating margin9900€0.08m€0.1m▲
Operating profit (loss)9901€0.05m€0.06m▲
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.03m€0.04m▲
Income taxes67/77€0.01m€0.01m▼
Profit (loss) for the period9904€0.01m€0.03m▲
Profit (loss) for the period to be appropriated9905€0.01m€0.03m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.09m€0.1m▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A------€5,120-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,207€6,206-€25,737€34,123€27,903€27,903=
Other operating charges640/8---€5,827€30,789€7,108€7,277▲ 2.4%
Non-recurring operating charges66A---€6,927----
Gross operating margin9900€13,477€60,350-€93,260€103,934€84,490€99,216▲ 17.4%
Operating profit (loss)9901€6,438€53,624-€54,769€39,021€49,479€64,037▲ 29.4%
Financial income75/76B---€1,316----
Recurring financial income75---€1,316----
Financial charges65/66B---€21,309€25,658€21,639€19,065▼ 11.9%
Recurring financial charges65€6,565€12,585-€21,309€25,658€21,639€19,065▼ 11.9%
Profit (loss) for the period before taxes9903-€127€41,055-€34,776€13,363€27,841€44,972▲ 61.5%
Income taxes67/77-€10,397-€13,557€3,675€13,623€11,654▼ 14.5%
Profit (loss) for the period9904-€127€30,658-€21,219€9,688€14,218€33,318▲ 134%
Profit (loss) for the period to be appropriated9905-€127€30,658-€21,219€9,688€14,218€33,318▲ 134%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.2m€0.6m€0.6m€1.2m€1.1m€1.1m€1.2m▲ 10.1%
Fixed assets21/28€0.2m€0.2m€0.2m€1.1m€1.0m€1.0m€1.1m▲ 8.7%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€1.1m€1.0m€1.0m€1.0m▼ 0.4%
Land and buildings22---€1.1m€1.0m€1.0m€1.0m▼ 0.4%
Financial fixed assets28------€0.09m-
Current assets29/58€0.005m€0.3m€0.3m€0.1m€0.1m€0.1m€0.1m▲ 24.4%
Amounts receivable within one year40/41€0.004m€0.2m€0.2m€0.1m€0.09m€0.07m€0.08m▲ 17.9%
Other amounts receivable41---€0.1m€0.09m€0.07m€0.08m▲ 17.9%
Cash at bank and in hand54/58€0.001m€0.1m€0.1m€0.001m€0.008m€0.02m€0.04m▲ 125%
Deferred charges and accrued income490/1----€0.005m€0.01m--
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.6m€0.6m€1.2m€1.1m€1.1m€1.2m▲ 10.1%
Equity10/15€0.01m€0.04m€0.04m€0.1m€0.1m€0.1m€0.2m▲ 27.0%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13-€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Non-distributable reserves130/1---€0.002m€0.002m---
Reserves not available under the articles1311---€0.002m€0.002m---
Distributable reserves133-----€0.002m€0.002m=
Profit (loss) carried forward14-€0.009m€0.02m€0.02m€0.08m€0.09m€0.1m€0.1m▲ 32.3%
Amounts payable17/49€0.2m€0.5m€0.5m€1.1m€1.0m€1.0m€1.0m▲ 8.0%
Amounts payable after more than one year17€0.2m€0.4m€0.4m€0.8m€0.7m€0.7m€0.7m▲ 5.4%
Financial debts170/4---€0.8m€0.7m€0.7m€0.7m▲ 5.4%
Amounts payable within one year42/48€0.07m€0.1m€0.1m€0.3m€0.3m€0.3m€0.3m▲ 15.0%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.04m€0.06m▲ 28.1%
Trade debts44€0.001m€0.09m€0.09m€0.007m€0.03m€0.04m€0.03m▼ 3.2%
Suppliers440/4---€0.007m€0.03m€0.04m€0.03m▼ 3.2%
Taxes, remuneration and social security45---€0.03m€0.01m€0.007m€0.02m▲ 143%
Taxes450/3---€0.03m€0.01m€0.007m€0.02m▲ 143%
Other amounts payable47/48---€0.2m€0.2m€0.2m€0.2m▲ 10.0%
Accrued charges and deferred income492/3-----€0.001m€445▼ 52.8%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€127€30,658-€21,219€9,688€14,218€33,318▲ 134%
+ Depreciation and write-downs630€6,207€6,206-€25,737€34,123€27,903€27,903=
Operating cash flow (approximation)€6,080€36,864-€46,956€43,811€42,121€61,221▲ 45.3%
Investment in fixed assets (approximation)--€0€0-€881,368€24,733€0-€113,891-
Change in cash-€129,127€0-€129,275€6,460€8,872€20,784▲ 134%

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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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 28-11-2025 2025-00574419
31-12-2023 full format 24-10-2024 2024-00518797
31-12-2022 full format 01-12-2023 2023-00521523
31-12-2021 micro format 27-02-2023 2023-00033058
31-12-2020 micro format 31-08-2021 2021-64200384
31-12-2019 micro format 30-10-2020 2020-65100548
31-12-2018 micro format 25-10-2019 2019-71500440
31-12-2017 micro format 31-08-2018 2018-57500022
31-12-2016 full format 15-12-2017 2017-72100388
31-12-2015 full format 03-11-2016 2016-67400521

Show all 12 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.