IMMO2MH
ActiveIMMO2MH has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €21k. Equity is shrinking by ~54% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+66
Solvency28▲+14
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine 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 · 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
2.5%
Return on assets
13.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9183 sector peers (2025).
NBB · sector comparisonPosition among 9183 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
46 d late
2024
7 d late
2023
9 d late
2022
31 d late
2021
31 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4k
2024 · €-17k
2021: €22k
2022: €-5k
2023: €-10k
2024: €-17k
2021 → 2025
Total assets
€154k▼ 0.1%
2024 · €154k
2021: €24k
2022: €147k
2023: €142k
2024: €154k
2021 → 2025
Net result
€21k
2024 · €-7k
2021: €-3k
2022: €-28k
2023: €-5k
2024: €-7k
2021 → 2025
Working capital
€-34k▲ 26.8%
2024 · €-46k
2021: €22k
2022: €-32k
2023: €-38k
2024: €-46k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€-5k€-10k▼ 87.6%€-17k▼ 74.8%€4k
Operating result€-3k-€-25k▼ 842%€-1k▲ 95.6%€-4k▼ 268%€24k
Net result€-3k-€-28k▼ 939%€-5k▲ 83.5%€-7k▼ 60.2%€21k
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 returns to profit in 2025: €24k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€134k▲ 0.6%
Current assets
€20k▼ 4.8%
Equity and liabilities €154k
Equity
€4k
Debt
€150k
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€31k▲
2024 · €3k
Cash flow
€28k▲
2024 · €-544
Solvency
2.5%▲
2024 · -11.1%
Current ratio
0.37▲
2024 · 0.31
Quick ratio
0.37▲
2024 · 0.31
Debt / equity
38.39▲
2024 · -10.04
ROE
536.6%
ROA
13.6%▲
2024 · -4.7%
Interest coverage
9.36▲
2024 · 0.84
Debt
€150k▼
2024 · €171k
Debt ≤ 1 year
€54k▼
2024 · €67k
Debt > 1 year
€96k▼
2024 · €104k
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€154k€154k▼
Fixed assets21/28€133k€134k▲
Tangible fixed assets22/27€133k€134k▲
Land and buildings22€133k€126k▼
Plant, machinery and equipment23-€8k
Current assets29/58€21k€20k▼
Amounts receivable within one year40/41€7k€12k▲
Trade receivables40€7k€12k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€14k€8k▼
Deferred charges and accrued income490/1-€30
Equity and liabilities
Total equity and liabilities10/49€154k€154k▼
Equity10/15€-17k€4k▲
Contributions10/11€25k€25k=
Outside capital11-€25k
Other1109/19-€25k
Profit (loss) carried forward14€-42k€-21k▲
Amounts payable17/49€171k€150k▼
Amounts payable after more than one year17€104k€96k▼
Financial debts170/4€104k€96k▼
Amounts payable within one year42/48€67k€54k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€21k€11k▼
Suppliers440/4€21k€11k▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€31k€32k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€387€2k▲
Gross operating margin9900€3k€33k▲
Operating profit (loss)9901€-4k€24k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-7k€21k▲
Profit (loss) for the period9904€-7k€21k▲
Profit (loss) for the period to be appropriated9905€-7k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-21k▲
Profit (loss) brought forward from the previous period14P€-35k€-42k▼
The notes to these accounts (5 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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 46 days late
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Namur · 2 establishment units since 2021
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.
Chemin de Moustier(TX) 955020 NamurGround area
2,016 m²
Building footprint
281 m²
Volume, LiDAR
1,421 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
IMMO2MH
since 20212.320.863.867
Rue du Saucy(SL) 11, 5020 Namur
since 20262.387.559.582
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92123C0284/00B000 | Wallonia | 1,070 m² | 1 · 117 m² | 6.8 m · 2 fl. |
| 92123C0425/00F000 | Wallonia | 947 m² | 1 · 164 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 834 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
93130Fitness centres
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.