IMMOBILIERE GIARRA
ActiveSummary
IMMOBILIERE GIARRA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170k and a net result of €21k. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-16
Solvency41▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 2.66 in 2024; short-term debt: 35.1% and cash: 0.2% of total assets), and 84.5% 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
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
15.5%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
28 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
61 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170k▲ 14.0%
2024 · €150k
2019: €34k
2020: €48k
2021: €64k
2022: €110k
2023: €88k
2024: €150k
2019 → 2025
Total assets
€1.10M▲ 33.4%
2024 · €822k
2019: €43k
2020: €59k
2021: €79k
2022: €129k
2023: €563k
2024: €822k
2019 → 2025
Net result
€21k▼ 65.7%
2024 · €61k
2019: €16k
2020: €13k
2021: €16k
2022: €46k
2023: €-21k
2024: €61k
2019 → 2025
Working capital
€25k▼ 82.7%
2024 · €146k
2019: €33k
2020: €39k
2021: €62k
2022: €102k
2023: €57k
2024: €146k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€110k▲ 71.3%€88k▼ 19.3%€150k▲ 69.1%€170k▲ 14.0%
Operating result€22k-€58k▲ 159%€-7k€100k€62k▼ 38.0%
Net result€16k-€46k▲ 181%€-21k€61k€21k▼ 65.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€687k ▲ 16.7%
Current assets
€410k ▲ 75.4%
Equity and liabilities €1.10M
Equity
€170k ▲ 14.0%
Debt
€927k ▲ 37.8%
Debt's share of the balance-sheet total rises from 81.8% to 84.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€125k▼
2024 · €136k
Cash flow
€84k▼
2024 · €98k
Current ratio
1.07▼
2024 · 2.66
Quick ratio
0.02▼
2024 · 0.22
Debt to equity
5.44▲
2024 · 4.50
ROE
12.3%▼
2024 · 40.9%
ROA
1.9%▼
2024 · 7.4%
Interest coverage
3.74▼
2024 · 4.75
Debt ≤ 1 year
€385k▲
2024 · €88k
Debt > 1 year
€526k▼
2024 · €585k
Income taxes
€7k▼
2024 · €10k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€822k€1.10M▲
Fixed assets21/28€588k€687k▲
Tangible fixed assets22/27€587k€686k▲
Land and buildings22€585k€683k▲
Plant, machinery and equipment23€289€168▼
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€1k€1k=
Current assets29/58€234k€410k▲
Stocks and contracts in progress3€215k€403k▲
Stocks30/36€215k€403k▲
Amounts receivable within one year40/41€8k€540▼
Other amounts receivable41€8k€540▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€822k€1.10M▲
Equity10/15€150k€170k▲
Contributions10/11€19k€19k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€101k€122k▲
Amounts payable17/49€673k€927k▲
Amounts payable after more than one year17€585k€526k▼
Financial debts170/4€585k€526k▼
Amounts payable within one year42/48€88k€385k▲
Current portion of amounts payable after more than one year42€52k€73k▲
Financial debts43-€256k
Credit institutions430/8-€256k
Trade debts44€26k€775▼
Suppliers440/4€26k€775▼
Taxes, remuneration and social security45€10k€28k▲
Taxes450/3€10k€28k▲
Other amounts payable47/48€113€27k▲
Accrued charges and deferred income492/3-€15k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€64k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€142k€132k▼
Operating profit (loss)9901€100k€62k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€29k€34k▲
Recurring financial charges65€29k€34k▲
Profit (loss) for the period before taxes9903€71k€28k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€61k€21k▼
Profit (loss) for the period to be appropriated9905€61k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€122k▲
Profit (loss) brought forward from the previous period14P€39k€101k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €170k ▲14%
2 profitable years in a row build equity to €170k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial
Equity above €100kEq €150k ▲69.1%
Equity rises from €88k to €150k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-21k ▼146%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 18.89
Current ratio from 6.20 to 18.89; short-term debt falls from €20k to €3k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €110k ▲71.3%
4 profitable years in a row build equity to €110k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Binche · 1 establishment unit since 2019
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.
Rue de l'Octroi(PER) 67134 BincheGround area
2,274 m²
Building footprint
606 m²
Parcel 55032A0401/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
IMMOBILIERE GIARRA
since 20192.284.194.305
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55032A0401/00K000 | Wallonia | 2,274 m² | 1 · 606 m² | - |
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
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IMMO K
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Grobbendonk · Eq €161k
Of 587 companies in sector 68204 we hold annual accounts for 317. 222 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
Founded15-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68204Real estate activities
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 · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:giarra.francesco@hotmail.fr
Phone:+32497661650