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IMMOBAM

Active
Private limited companyfounded 20206 yrs activeWatertorenstraat 2, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0743.834.996
Summary

The computed 12-month bankruptcy probability of IMMOBAM is 6.8% (elevated). The 2024 annual accounts show negative equity (-€12,760) and a net result of -€9,671. Equity is shrinking by ~60.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€12,760
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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 filings
Deviation from the deadline
2025
not confirmed
2024
62 d late
2023
61 d late
2022
60 d late
2021
122 d late
2020
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 79 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMMOBAM was incorporated on 19 February 2020 as a Private limited company.1 Total assets fell from EUR 3,428 in 2020 to EUR 2,074 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€28,028
EBIT margin
-3.6%
Net result
-€9,671▼ 1,721%
2023 · -€531
Working capital
-€10,692▼ 11,909%
2023 · -€89
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
Line20202021202220232024
Turnover€28,028-
Operating result-€1,022--€1,845▼ 80.6%-€558▲ 69.8%-€472▲ 15.5%-€9,158▼ 1,842%
Net result-€1,109--€1,890▼ 70.4%-€558▲ 70.5%-€531▲ 4.8%-€9,671▼ 1,721%
EBIT margin-3.6%-
Equity-€109--€2,000▼ 1,727%-€2,558▼ 27.9%-€3,089▼ 20.8%-€12,760▼ 313%
Total assets€3,428-€2,998▼ 12.5%€743▼ 75.2%€912▲ 22.8%€2,074▲ 127%
Debt€3,537-€4,998▲ 41.3%€3,301▼ 34.0%€4,001▲ 21.2%€14,834▲ 271%
Working capital-€109--€2,000▼ 1,727%€442-€89-€10,692▼ 11,909%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2020: -€1,022-€1,022Net result 2020: -€1,109-€1,109Operating result 2021: -€1,845-€1,845Net result 2021: -€1,890-€1,890Operating result 2022: -€558-€558Net result 2022: -€558-€558Operating result 2023: -€472-€472Net result 2023: -€531-€531Operating result 2024: -€9,158-€9,158Net result 2024: -€9,671-€9,67120202021202220232024-€10,000-€7,500-€5,000-€2,500€0Operating result 2022: -€558-€558Net result 2022: -€558-€558Operating result 2023: -€472-€472Net result 2023: -€531-€531Operating result 2024: -€9,158-€9,160Net result 2024: -€9,671-€9,670202220232024
The operating result stays negative: a loss of €9,158 in 2024 against €472 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
Assets €2,074
Fixed assets €932
Current assets €1,142
Key figures and ratios
2024 value · change against 2023
EBITDA
-€9,001
Cash flow
-€9,514
Interest coverage
-17.53
Debt ≤ 1 year
€11,834▲
2023 · €1,001
Debt > 1 year
€3,000=
2023 · €3,000
Staff costs
€9,150
Ratios withheld: a balance sheet total of €2,074 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.8% 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 497,338 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% 1.9%
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% 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 6,010 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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€912€2,074▲
Fixed assets21/28-€932
Tangible fixed assets22/27-€932
Furniture and vehicles24-€932
Current assets29/58€912€1,142▲
Amounts receivable within one year40/41€912€1,142▲
Trade receivables40-€810
Other amounts receivable41€912€332▼
Equity and liabilities
Total equity and liabilities10/49€912€2,074▲
Equity10/15-€3,089-€12,760▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€4,089-€13,760▼
Amounts payable17/49€4,001€14,834▲
Amounts payable after more than one year17€3,000€3,000=
Other amounts payable178/9€3,000€3,000=
Amounts payable within one year42/48€1,001€11,834▲
Financial debts43-€2,802
Credit institutions430/8-€2,802
Trade debts44€774€387▼
Suppliers440/4€774€387▼
Taxes, remuneration and social security45-€1,011
Taxes450/3-€1,011
Other amounts payable47/48€226€7,633▲
Income statement Code20232024
Remuneration, social security and pensions62-€9,150
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€157
Gross operating margin9900-€472€149▲
Operating profit (loss)9901-€472-€9,158▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€59€513▲
Recurring financial charges65€59€513▲
Profit (loss) for the period before taxes9903-€531-€9,671▼
Profit (loss) for the period9904-€531-€9,671▼
Profit (loss) for the period to be appropriated9905-€531-€9,671▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,089-€13,760▼
Profit (loss) brought forward from the previous period14P-€3,558-€4,089▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€28,028-----
Remuneration, social security and pensions62----€9,150-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€157-
Other operating charges640/8--€62---
Gross operating margin9900-€962-€1,845-€496-€472€149▲ 132%
Operating profit (loss)9901-€1,022-€1,845-€558-€472-€9,158▼ 1,842%
Financial income75/76B----€1-
Recurring financial income75€1---€1-
Financial charges65/66B-€45-€59€513▲ 764%
Recurring financial charges65€88€45-€59€513▲ 764%
Profit (loss) for the period before taxes9903-€1,109-€1,890-€558-€531-€9,671▼ 1,721%
Profit (loss) for the period9904-€1,109-€1,890-€558-€531-€9,671▼ 1,721%
Profit (loss) for the period to be appropriated9905-€1,109-€1,890-€558-€531-€9,671▼ 1,721%
Line20202021202220232024Change
Assets
Total assets20/58€3,428€2,998€743€912€2,074▲ 127%
Fixed assets21/28----€932-
Tangible fixed assets22/27----€932-
Furniture and vehicles24----€932-
Current assets29/58€3,428€2,998€743€912€1,142▲ 25.2%
Amounts receivable within one year40/41€2,998€2,998€743€912€1,142▲ 25.2%
Trade receivables40-€2,255--€810-
Other amounts receivable41-€743€743€912€332▼ 63.6%
Cash at bank and in hand54/58€430-----
Equity and liabilities
Total equity and liabilities10/49€3,428€2,998€743€912€2,074▲ 127%
Equity10/15-€109-€2,000-€2,558-€3,089-€12,760▼ 313%
Contributions10/11€1,000€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14-€1,109-€3,000-€3,558-€4,089-€13,760▼ 237%
Amounts payable17/49€3,537€4,998€3,301€4,001€14,834▲ 271%
Amounts payable after more than one year17--€3,000€3,000€3,000=
Other amounts payable178/9--€3,000€3,000€3,000=
Amounts payable within one year42/48€3,537€4,998€301€1,001€11,834▲ 1,082%
Financial debts43-€37--€2,802-
Credit institutions430/8-€37--€2,802-
Trade debts44€378€2,057-€774€387▼ 50.0%
Suppliers440/4-€2,057-€774€387▼ 50.0%
Taxes, remuneration and social security45----€1,011-
Taxes450/3----€1,011-
Other amounts payable47/48-€2,904€301€226€7,633▲ 3,271%
Line20202021202220232024Change
Profit (loss) for the period9904-€1,109-€1,890-€558-€531-€9,671▼ 1,721%
+ Depreciation and write-downs630----€157-
Operating cash flow (approximation)-€1,109-€1,890-€558-€531-€9,514▼ 1,691%

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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Timeline · acts, filings and financial milestones

2025
01-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
31-12
Financial Weakest financial yearnet -€9,671
Net result drops to -€9,671, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial Liquidity quadruplescurrent ratio 2.47
Current ratio from 0.60 to 2.47; short-term debt falls from €4,998 to €301.
30-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
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, Heusden-Zolder · 1 establishment unit since 2020
seat establishment approximate The establishment unit on the map
Ground area
642 m²
Building footprint
129 m²
Volume, LiDAR
636 m³
Parcel 71025A0075/00F000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMOBAM
Watertorenstraat 2, 3550 Heusden-ZolderGeneral construction of buildings
since 20202.303.482.457
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71025A0075/00F000 Flanders 642 m² 1 · 129 m² 8.4 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-02-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0743834996
Also 9925:BE0743834996
Registered 26-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.