Equity
€235,474 ▲ 16.5%
Immobouw Bart has made a profit without a break since 2009.
Immobouw Bart
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €174,287 (2025)
€174,287▲ 69.4%
lowest -€14,075 (2008)
€33,414▲ 12×
peak €235,474 (2025)
€235,474▲ 16.5%
€416,651▲ 491%
peak 1.6 FTE (2013)
-not published
Board1 name since 2021
1 directorBart De Bruyne – Van den Broeck
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €102,855 to €174,287Result from €2,829 to €33,414Equity from €202,060 to €235,474Debts from €70,550 to €416,651Investments €307,272Cash from €7,435 to €82,447
Key points
from the 2025 annual accountsTurnover
≈ €570,000 estimated
The micro format states no turnover.
Debts
€416,651 ▲ 491%
Debts rose by €346,101 in 2025.
Investments
€307,272 12.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 58.3% higher than in 2024.
Filings
20 annual accounts since 2006
Three of the last ten came late. The 2025 accounts came latest: 55 days after the end of the period.
Position in the sector
€235,474
More equity than 89% of companies in construction of buildings. Sector median €45,544 · 9,455 companies.
Checked score
83
Excellent
Financially stronger than 55% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 0.4%▼ -0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.2%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.5%▼ -0.7 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 55 days late; 1 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 2005
Size: total assets €652,125
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 44% of them on solvency, 65% on liquidity, 52% on profitability and 61% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as Immobouw Bart has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Immobouw Bart itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Immobouw Bart. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.24 in 2024), below the usual 1.5. Short-term debt is 19.1% and cash 12.6% of total assets. 63.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
55 days late
2024
21 days early
2023
35 days early
2022
20 days early
2021
5 days early
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874341469
Appointment: Bart De Bruyne – Van den Broeck (director)
General meeting of 12-05-2023 · Gazette deed
First establishment
Immobouw Bart bvba, Roodkruisstraat 25, Hamme (Vl.)
Incorporation
published on 16-06-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Immobouw Bart Hamme (Vl.) | €652,125 | €174,287 | 36.1% | - |
| PIETERS MICHEL BOUWONDERNEMING Beveren-Kruibeke-Zwijndrecht | €607,698 | €170,663 | 95.9% | - |
| JLK BOUWADVIES Lokeren | €670,346 | €162,653 | 54.4% | - |
| BARABAS FURNITURE Dendermonde | €594,960 | €160,770 | 20.4% | - |
| CB2BS Waasmunster | €621,598 | €136,963 | 6.0% | 1.8 |
| DE CLERCQ W EN A Dendermonde | €796,044 | €154,202 | 65.7% | - |
| RENVO Kruisem | €622,741 | €224,653 | 13.1% | - |
These companies have the same main activity as Immobouw Bart: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €595,000 and €796,000, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 08-06-2005Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2025
- Establishment unit
- 2.148.199.5139220 Hamme (Vl.), since 28-06-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Insights on Immobouw Bart
Immobouw Bart files the micro format. That format states no turnover. The gross margin rose from €53,336 in 2006 to €174,287 in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Immobouw Bart
- What is the company number of Immobouw Bart?
- The company number of Immobouw Bart is 0874.341.469. The VAT number is the same number with BE in front: BE 0874.341.469.
- Where is Immobouw Bart based?
- The registered office is at Roodkruisstraat 25, 9220 Hamme (Vl.).Company details
- What does Immobouw Bart do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Immobouw Bart?
- Immobouw Bart is a private limited company (BV).
- When was Immobouw Bart founded?
- Immobouw Bart was founded on 08-06-2005.
- Is Immobouw Bart still active?
- Yes, Immobouw Bart is an active enterprise in the KBO register.
- How many employees does Immobouw Bart have?
- Immobouw Bart had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Immobouw Bart fall under?
- In its 2025 annual accounts, Immobouw Bart states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of Immobouw Bart?
- The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €174,287 and 97 comparable companies (NACE 41001). It probably lies between €410,000 and €890,000.
- Is Immobouw Bart profitable?
- In financial year 2025, Immobouw Bart made a profit of €33,414.
- Where can I find the annual accounts of Immobouw Bart?
- Immobouw Bart filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Immobouw Bart due?
- Immobouw Bart must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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