Active BE 0408.065.637Public limited companyOpen bankruptcy

Immoco

Withoeflei (Heide) 10 ·2920 Kalmthout, Belgium· 55 yrs active

Conclusion Checked

A bankruptcy procedure is open for Immoco according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €797k and a net result of €-86k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€797k
Net result	€-86k
Active	55 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

38 / 100

Fragile profile, watch profitability in particular.

Health 13

Profitability 0

Solvency 100

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2020 · computed

13 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

EBITDA

€199k

-68.9% 18-20

Net profit

€-86k

+67.1% 18-20

Cash flow

€-73k

+70.7% 18-20

Total assets

€1.39M

+11.5% 18-20

Equity

€797k

+28.4% 18-20

Working capital

€822k

+39.0% 18-20

Debt

€380k

-7.9% 18-20

Debt ≤ 1y

€32k

-33.8% 18-20

Debt > 1y

€348k

-4.4% 18-20

Current ratio

26.49

+101.5% 18-20

Quick ratio

26.49

+101.5% 18-20

Solvency

57.3%

+15.1% 18-20

Debt / equity

0.44

-25.5% 18-20

ROE

-10.8%

+74.4% 18-20

ROA

-6.2%

+70.5% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Revenue	-
EBITDA	€199k
Net profit	€-86k
Cash flow	€-73k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.39M
Equity	€797k
Debt	€380k
of which ≤ 1y	€32k
of which > 1y	€348k
Working capital	€822k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	26.49
Quick ratio	26.49
Working capital ratio	59.1%
Solvency	57.3%
Debt / equity	0.44
Long-term debt ratio	0.44
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-6.2%
ROE	-10.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €536k · 38.6% Current assets €854k · 61.4%

Equity & liabilities

Equity €797k · 57.3% Provisions €213k · 15.3% Debt €380k · 27.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.39M
Fixed assets	21/28	€536k
Tangible fixed assets	22/27	€536k
Current assets	29/58	€854k
Amounts receivable within one year	40/41	€851k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.39M
Equity	10/15	€797k
Contributions / capital	10/11	€347k
Reserves	13	€536k
Accumulated profits (losses)	14	€-86k
Provisions & deferred taxes	16	€213k
Amounts payable	17/49	€380k
Amounts payable after one year	17	€348k
Amounts payable within one year	42/48	€32k
Trade debts payable within one year	44	€13k
Income statement
Gross operating margin	9900	€215k
Operating result	9901	€186k
Financial income	75	€0
Financial charges	65	€9k
Result before taxes	9903	€176k
Net result for the period	9904	€176k
Result to be appropriated	9905	€176k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	LIESBET JACOBS POPULIERENLAAN 43, 2630 AARTSE- LAAR	13-06-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	01-02-1971
Status	Active
Postal code	2920
First BS signal	19-06-2024
Latest BS signal	19-06-2024

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

IMMOCO NV

Prins Albertlei (Heide) 9, 2920 Kalmthoutde handel in eigen onroerend goed : flatgebouwen en woningen niet voor bewoning bestemde gebouwen, grond

since 19712.005.353.947

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11022F0007/00D019	Flanders	333 m²	1 · 99 m²	10.6 m · 3 fl.
11662E0604/00Y004	Flanders	144 m²	1 · 144 m²	7.0 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

19-06-2024

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · IMMOCO NV WITHOEFLEI (HEIDE) 10/0, 2920 KALMTHOUT · event 13-06-2024

2021

31-10-2021