IMMOASS
ActiveSummary
IMMOASS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.44M and a net result of €1.12M. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 78% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+47
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.13 in 2024; short-term debt: 12% and cash: 2% of total assets), and 23.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
76.5%
Return on assets
15.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.44M
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
28 d early
2023
13 d early
2022
13 d early
2021
18 d early
2020
1 d early
2019
28 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.12M▲ 22,707%
2024 · €5k
Working capital
€325k
2024 · €-994k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€59k▼ 40.5%€35k▼ 41.0%€81k▲ 130%€208k▲ 157%€1.72M▲ 729%
Net result€-38k▼ 95.9%€-39k▼ 1.2%€-8k▲ 79.5%€5k€1.12M▲ 22,707%
Equity€4.37M▼ 0.9%€4.33M▼ 0.9%€4.32M▼ 0.2%€4.32M▲ 0.1%€5.44M▲ 25.8%
Total assets€8.28M▼ 5.2%€7.87M▼ 4.9%€7.82M▼ 0.7%€6.52M▼ 16.5%€7.11M▲ 9.0%
Debt€3.05M▼ 11.1%€2.71M▼ 10.9%€2.70M▼ 0.6%€1.56M▼ 42.2%€1.06M▼ 31.9%
Working capital€-926k▼ 36.9%€-1.19M▼ 29.1%€-1.67M▼ 39.6%€-994k▲ 40.4%€325k
Staff (FTE)000
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 729% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.11M
Fixed assets
€5.93M ▼ 7.0%
Current assets
€1.18M ▲ 719%
Equity and liabilities €7.11M
Equity
€5.44M ▲ 25.8%
Provisions
€609k ▼ 4.7%
Debt
€1.06M ▼ 31.9%
Debt's share of the balance-sheet total falls from 23.9% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.87M▲
2024 · €365k
Cash flow
€1.27M▲
2024 · €162k
Current ratio
1.38▲
2024 · 0.13
Debt to equity
0.20▼
2024 · 0.36
ROE
20.5%▲
2024 · 0.1%
ROA
15.7%▲
2024 · 0.1%
Interest coverage
26.16▲
2024 · 2.67
Debt ≤ 1 year
€856k▼
2024 · €1.14M
Debt > 1 year
€140k▼
2024 · €339k
Income taxes
€565k▲
2024 · €225k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | €207 | €0 | €112k | €1.62M | ▲ 1,347% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €222k | €221k | €203k | €157k | €152k | ▼ 3.0% |
| Other operating charges640/8 | €50k | €56k | €60k | €61k | €59k | ▼ 2.9% |
| Non-recurring operating charges66A | - | - | - | €26k | €23 | ▼ 99.9% |
| Gross operating margin9900 | €331k | €313k | €344k | €451k | €1.93M | ▲ 329% |
| Operating profit (loss)9901 | €59k | €35k | €81k | €208k | €1.72M | ▲ 729% |
| Financial income75/76B | €340 | €192 | €119 | €118 | €2k | ▲ 1,670% |
| Recurring financial income75 | €340 | €192 | €119 | €118 | €2k | ▲ 1,670% |
| Financial charges65/66B | €100k | €85k | €76k | €136k | €72k | ▼ 47.5% |
| Recurring financial charges65 | €100k | €85k | €76k | €136k | €72k | ▼ 47.5% |
| Profit (loss) for the period before taxes9903 | €-41k | €-50k | €5k | €71k | €1.65M | ▲ 2,214% |
| Transfer from deferred taxes780 | €35k | €35k | €35k | €158k | €30k | ▼ 80.9% |
| Income taxes67/77 | €33k | €24k | €48k | €225k | €565k | ▲ 151% |
| Profit (loss) for the period9904 | €-38k | €-39k | €-8k | €5k | €1.12M | ▲ 22,707% |
| Transfer from tax-exempt reserves789 | €105k | €105k | €105k | €475k | €91k | ▼ 80.9% |
| Profit (loss) for the period to be appropriated9905 | €67k | €66k | €97k | €479k | €1.21M | ▲ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.28M | €7.87M | €7.82M | €6.52M | €7.11M | ▲ 9.0% |
| Fixed assets21/28 | €8.00M | €7.79M | €7.61M | €6.38M | €5.93M | ▼ 7.0% |
| Tangible fixed assets22/27 | €6.84M | €6.62M | €6.44M | €5.21M | €4.76M | ▼ 8.6% |
| Land and buildings22 | €6.84M | €6.62M | €6.44M | €5.21M | €4.76M | ▼ 8.6% |
| Financial fixed assets28 | €1.17M | €1.17M | €1.17M | €1.17M | €1.17M | = |
| Current assets29/58 | €275k | €84k | €206k | €144k | €1.18M | ▲ 719% |
| Stocks and contracts in progress3 | €0 | €9k | €0 | - | - | - |
| Stocks30/36 | €0 | €9k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €19k | €18k | €47k | €40k | €7k | ▼ 81.3% |
| Trade receivables40 | €12k | €12k | €41k | €18k | €5k | ▼ 73.6% |
| Other amounts receivable41 | €8k | €7k | €6k | €22k | €3k | ▼ 87.9% |
| Current investments50/53 | - | - | - | - | €1.00M | - |
| Cash at bank and in hand54/58 | €214k | €30k | €129k | €89k | €143k | ▲ 60.5% |
| Deferred charges and accrued income490/1 | €42k | €27k | €29k | €15k | €31k | ▲ 104% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.28M | €7.87M | €7.82M | €6.52M | €7.11M | ▲ 9.0% |
| Equity10/15 | €4.37M | €4.33M | €4.32M | €4.32M | €5.44M | ▲ 25.8% |
| Contributions10/11 | €172k | €172k | €172k | €172k | €172k | = |
| Capital10 | €172k | €172k | €172k | €172k | €172k | = |
| Issued capital100 | €172k | €172k | €172k | €172k | €172k | = |
| Reserves13 | €3.40M | €3.29M | €3.28M | €3.29M | €4.41M | ▲ 34.0% |
| Non-distributable reserves130/1 | €126k | €126k | €126k | €126k | €126k | = |
| Legal reserve130 | €126k | €126k | €126k | €126k | €126k | = |
| Reserves not available under the articles1311 | €129 | €129 | €129 | €129 | €129 | = |
| Tax-exempt reserves132 | €2.60M | €2.50M | €2.39M | €1.92M | €1.83M | ▼ 4.7% |
| Distributable reserves133 | €667k | €667k | €764k | €1.24M | €2.45M | ▲ 97.1% |
| Profit (loss) carried forward14 | €799k | €865k | €865k | €865k | €865k | = |
| Provisions and deferred taxes16 | €868k | €833k | €798k | €639k | €609k | ▼ 4.7% |
| Deferred taxes168 | €868k | €833k | €798k | €639k | €609k | ▼ 4.7% |
| Amounts payable17/49 | €3.05M | €2.71M | €2.70M | €1.56M | €1.06M | ▼ 31.9% |
| Amounts payable after more than one year17 | €1.84M | €1.43M | €815k | €339k | €140k | ▼ 58.7% |
| Financial debts170/4 | €1.84M | €1.43M | €815k | €339k | €140k | ▼ 58.7% |
| Amounts payable within one year42/48 | €1.20M | €1.28M | €1.87M | €1.14M | €856k | ▼ 24.8% |
| Current portion of amounts payable after more than one year42 | €399k | €410k | €416k | €226k | €199k | ▼ 11.8% |
| Financial debts43 | - | - | - | €97k | €74k | ▼ 24.2% |
| Credit institutions430/8 | - | - | - | €97k | €74k | ▼ 24.2% |
| Trade debts44 | €13k | €23k | €30k | €18k | €19k | ▲ 9.3% |
| Suppliers440/4 | €13k | €23k | €30k | €18k | €19k | ▲ 9.3% |
| Taxes, remuneration and social security45 | €8k | €8k | €28k | €50k | €141k | ▲ 182% |
| Taxes450/3 | €8k | €8k | €28k | €50k | €141k | ▲ 182% |
| Other amounts payable47/48 | €781k | €838k | €1.40M | €748k | €423k | ▼ 43.4% |
| Accrued charges and deferred income492/3 | €4k | €5k | €11k | €83k | €66k | ▼ 19.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-38k | €-39k | €-8k | €5k | €1.12M | ▲ 22,707% |
| + Depreciation and write-downs630 | €222k | €221k | €203k | €157k | €152k | ▼ 3.0% |
| Operating cash flow (approximation) | €183k | €183k | €195k | €162k | €1.27M | ▲ 685% |
| Investment in fixed assets (approximation) | - | €-8k | €-23k | €1.07M | €295k | ▼ 72.5% |
| Change in cash | - | €-184k | €99k | €-40k | €54k | ▲ 235% |
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
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €1.12M ▲22,707%
Operating result €1.72M, net result €1.12M, both a record.
31-12
Financial
Liquidity times 11current ratio 1.38
Current ratio from 0.13 to 1.38; short-term debt falls from €1.14M to €856k.
31-12
Financial
Equity above €5MEq €5.44M ▲25.8%
2 profitable years in a row build equity to €5.44M.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 6 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 1978
Ground area
668 m²
Building footprint
397 m²
Volume, LiDAR
4,007 m³
Parcel 44802B0727/00H000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Bij Sint-Jacobs 15, 9000 Gent
since 19782.014.302.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B0727/00H000 | Flanders | 668 m² | 1 · 397 m² | 14.9 m · 4 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 421 EUR awarded · 421 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 421 EUR | 421 EUR |
Schemes
Jachtfonds
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.014.302.493
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 3,031 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-12-1977
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.