IMMOBILIERE FASSIN
ActiveSummary
IMMOBILIERE FASSIN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €14k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 68% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+4
Solvency86▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.81 in 2024; short-term debt: 20.5% and cash: 40.2% of total assets), and 39.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · 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
60.6%
Return on assets
5.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
43 d early
2023
49 d early
2022
8 d early
2021
5 d early
2020
27 d early
2019
45 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 84.9%
2024 · €8k
2019: €11k
2020: €9k
2021: €10k
2022: €15k
2023: €10k
2024: €8k
2019 → 2025
Working capital
€57k▲ 21.3%
2024 · €47k
2019: €-10k
2020: €7k
2021: €-14k
2022: €-3k
2023: €-4k
2024: €47k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€159k▲ 2.3%€157k▼ 1.2%€155k▼ 1.5%€160k▲ 3.3%
Operating result€15k-€22k▲ 40.7%€15k▼ 31.8%€11k▼ 22.8%€21k▲ 83.8%
Net result€10k-€15k▲ 42.0%€10k▼ 31.7%€8k▼ 22.1%€14k▲ 84.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 84% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets
€152k ▼ 3.1%
Current assets
€111k ▲ 5.6%
Equity and liabilities €264k
Equity
€160k ▲ 3.3%
Debt
€104k ▼ 3.8%
Debt's share of the balance-sheet total falls from 41.2% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▲
2024 · €19k
Cash flow
€22k▲
2024 · €16k
Current ratio
2.06▲
2024 · 1.81
Debt to equity
0.65▼
2024 · 0.70
ROE
9.0%▲
2024 · 5.0%
ROA
5.4%▲
2024 · 3.0%
Interest coverage
203.00▲
2024 · 148.48
Debt ≤ 1 year
€54k▼
2024 · €58k
Debt > 1 year
€50k=
2024 · €50k
Income taxes
€7k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€263k€264k▲
Fixed assets21/28€157k€152k▼
Tangible fixed assets22/27€157k€152k▼
Land and buildings22€129k€124k▼
Plant, machinery and equipment23€28k€28k▲
Financial fixed assets28€248€248=
Current assets29/58€105k€111k▲
Amounts receivable within one year40/41€4k€5k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€100k€106k▲
Deferred charges and accrued income490/1€738€743▲
Equity and liabilities
Total equity and liabilities10/49€263k€264k▲
Equity10/15€155k€160k▲
Contributions10/11€22k€22k=
Reserves13€92k€97k▲
Distributable reserves133€92k€97k▲
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€108k€104k▼
Amounts payable after more than one year17€50k€50k=
Other amounts payable178/9€50k€50k=
Amounts payable within one year42/48€58k€54k▼
Trade debts44€584€475▼
Suppliers440/4€584€475▼
Taxes, remuneration and social security45€4k€646▼
Taxes450/3€4k€646▼
Other amounts payable47/48€54k€53k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€24k€34k▲
Operating profit (loss)9901€11k€21k▲
Financial income75/76B€134-
Recurring financial income75€134-
Financial charges65/66B€131€144▲
Recurring financial charges65€131€144▲
Profit (loss) for the period before taxes9903€11k€21k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€8k€14k▲
Profit (loss) for the period to be appropriated9905€8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€55k▲
Profit (loss) brought forward from the previous period14P€41k€41k▲
Transfer from equity791/2€10k€9k▼
Transfer to equity691/2€8k€14k▲
To other reserves6921€8k€14k▲
Profit to be distributed694/7€10k€9k▼
Return on contributions (dividend)694€10k€9k▼
The notes to these accounts (9 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Weakest financial yearnet €8k ▼22.1%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €15k ▲42%
Operating result €22k, net result €15k, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Spa
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.
Avenue Reine Astrid 2384900 SpaGround area
732 m²
Building footprint
130 m²
Volume, LiDAR
1,040 m³
Parcel 63072E0445/00K000, Wallonia · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072E0445/00K000 | Wallonia | 732 m² | 1 · 130 m² | 18.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WERTZ GROUP
BE 0641.917.591
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DS LOCATION
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STUDENTSTATION
BE 0543.713.704
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BGV III BELGIUM
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,646 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2003
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.