IMMOCO
InactiveOverview
Activity
“L'exploitation de petites entreprises et de commerces de gros dans l'alimentation, l'équipement électronique, le…” (deed in French)
From the articles, 8 activitiesNo NACE code in the KBO yet
Size
≈ €430,000turnover 2022, estimated
- Equity
- €3.2m
- Profit
- €111,145
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
- Parent
- JUJE · 100%
2 of 12 deeds summarised
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline30-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-03-2023, 145 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
145 days early
2021
177 days early
2020
8 days early
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 61 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Resignations & appointments · Restructuring ·…Merger · Accounting effect ·…
- Annual accounts filedfinancial year 2022 · full…
- RestructuringMerger · Capital · Accounting…
Financials · financial year 2022, full format
Turnover
≈ €430,000
Estimated: probably between €260,000 and €810,000
EBIT margin
Not included in this filing
Net result
€111,145▼ 80.1%
2021 · €559,575
Working capital
€120,379
2021 · -€127,922
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result falls in 2022; 2022 is 80% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2022
Net result€0.1m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.3m
2022
Equity€3.2m
2022
Debt€0.09m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.1m-€0.08m▼ 22.5%€0.07m▼ 12.7%€0.7m▲ 940%€0.1m▼ 79.6%
Net result€0.06m-€0.05m▼ 23.2%€0.05m▲ 7.8%€0.6m▲ 978%€0.1m▼ 80.1%
Equity€0.4m-€0.5m▲ 10.9%€0.5m▲ 10.6%€3.2m▲ 487%€3.2m▲ 0.1%
Total assets€0.6m-€0.5m▼ 4.7%€0.6m▲ 3.8%€3.3m▲ 504%€3.3m▼ 1.5%
Debt€0.1m-€0.04m▼ 63.6%€0.01m▼ 74.6%€0.2m▲ 15×€0.09m▼ 46.1%
Working capital-€0.1m--€0.02m▲ 76.6%€0.05m-€0.1m€0.1m
The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2021 Net result +978% on 2020. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €3.3m
Fixed assets
€3.1m ▼ 6.8%
Current assets
€195,183 ▲ 885%
Equity and liabilities €3.3m
Equity
€3.2m ▲ 0.1%
Provisions
€18,930
Debt
€85,274 ▼ 46.1%
Debt's share of the balance-sheet total falls from 4.7% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155,729▼
2021 · €737,766
Cash flow
€118,834▼
2021 · €572,442
Current ratio
2.61▲
2021 · 0.13
Debt to equity
0.03▲
2021 · 0.00
ROE
3.5%▼
2021 · 17.6%
ROA
3.4%▼
2021 · 16.7%
Interest coverage
over 100
Debt ≤ 1 year
€74,804▼
2021 · €147,729
Debt > 1 year
€10,470=
2021 · €10,470
Income taxes
€19,771▼
2021 · €168,656
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €27,018 | €24,992 | €12,867 | €7,689 | ▼ 40.2% |
| Other operating charges640/8 | - | - | - | - | €14,311 | - |
| Gross operating margin9900 | €117,313 | €121,455 | €110,336 | €751,737 | €170,040 | ▼ 77.4% |
| Operating profit (loss)9901 | €102,971 | €79,834 | €69,683 | €724,899 | €148,040 | ▼ 79.6% |
| Financial income75/76B | - | - | - | - | €1,875 | - |
| Recurring financial income75 | €3 | €0 | €348 | €3,999 | €1,875 | ▼ 53.1% |
| Financial charges65/66B | - | - | - | - | €69 | - |
| Recurring financial charges65 | €3,810 | €3,322 | €554 | €668 | €69 | ▼ 89.7% |
| Profit (loss) for the period before taxes9903 | €99,163 | €76,512 | €69,476 | €728,230 | €149,846 | ▼ 79.4% |
| Transfer to deferred taxes680 | - | - | - | - | €18,930 | - |
| Income taxes67/77 | €36,499 | €28,367 | €17,570 | €168,656 | €19,771 | ▼ 88.3% |
| Profit (loss) for the period9904 | €62,664 | €48,145 | €51,906 | €559,575 | €111,145 | ▼ 80.1% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €56,789 | - |
| Profit (loss) for the period to be appropriated9905 | €62,664 | €48,145 | €51,906 | €559,575 | €54,356 | ▼ 90.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.6m | €0.5m | €0.6m | €3.3m | €3.3m | ▼ 1.5% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €3.3m | €3.1m | ▼ 6.8% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €3.3m | €3.1m | ▼ 6.8% |
| Land and buildings22 | - | - | - | - | €3.1m | - |
| Financial fixed assets28 | €227 | €227 | €227 | - | - | - |
| Current assets29/58 | €0.01m | €0.01m | €0.06m | €0.02m | €0.2m | ▲ 885% |
| Amounts receivable within one year40/41 | - | - | €0.03m | €0.01m | €0.2m | ▲ 20× |
| Other amounts receivable41 | - | - | - | - | €0.2m | - |
| Cash at bank and in hand54/58 | €0.009m | €0.01m | €0.03m | €0.01m | €236 | ▼ 97.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €0.6m | €3.3m | €3.3m | ▼ 1.5% |
| Equity10/15 | €0.4m | €0.5m | €0.5m | €3.2m | €3.2m | ▲ 0.1% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | - | €0.2m | - |
| Issued capital100 | - | - | - | - | €0.2m | - |
| Revaluation surpluses12 | - | - | - | - | €2.9m | - |
| Reserves13 | €0.2m | €0.3m | €0.3m | €0.02m | €0.08m | ▲ 272% |
| Non-distributable reserves130/1 | - | - | - | - | €0.02m | - |
| Legal reserve130 | - | - | - | - | €0.02m | - |
| Tax-exempt reserves132 | - | - | - | - | €0.06m | - |
| Profit (loss) carried forward14 | - | - | - | €0.003m | €0.002m | ▼ 20.8% |
| Provisions and deferred taxes16 | - | - | - | - | €0.02m | - |
| Deferred taxes168 | - | - | - | - | €0.02m | - |
| Amounts payable17/49 | €0.1m | €0.04m | €0.01m | €0.2m | €0.09m | ▼ 46.1% |
| Amounts payable after more than one year17 | - | - | - | €0.01m | €0.01m | = |
| Other amounts payable178/9 | - | - | - | - | €0.01m | - |
| Amounts payable within one year42/48 | €0.1m | €0.04m | €0.008m | €0.1m | €0.07m | ▼ 49.4% |
| Trade debts44 | €0.006m | €0.009m | €0.001m | €0.002m | €160 | ▼ 93.5% |
| Suppliers440/4 | - | - | - | - | €160 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.07m | - |
| Taxes450/3 | - | - | - | - | €0.07m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.05m | €0.05m | €0.6m | €0.1m | ▼ 80.1% |
| + Depreciation and write-downs630 | - | €0.03m | €0.02m | €0.01m | €0.008m | ▼ 40.2% |
| Operating cash flow (approximation) | €0.06m | €0.08m | €0.08m | €0.6m | €0.1m | ▼ 79.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2.8m | €0.2m | - |
| Change in cash | - | €0.001m | €0.02m | -€0.02m | -€0.01m | ▲ 38.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | full format | 08-03-2023 | 2023-00036941 |
| 31-12-2021 | full format | 04-02-2022 | 2022-04900251 |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39100559 |
| 31-12-2019 | abbreviated format | 27-10-2020 | 2020-63800258 |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-54800588 |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-37800133 |
| 31-12-2016 | abbreviated format | 11-08-2017 | 2017-43300068 |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52100224 |
| 31-12-2014 | abbreviated format | 30-08-2015 | 2015-53600402 |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-44700189 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 2 of 12 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
1 ownerOwners 1
-
100%
According to the 2022 annual accounts of IMMOCO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 26-06-2023 ↗
- JUJE all shares
Stated in the act
act of 01-02-2023 ↗
- JUJE (BE 0838.766.126) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 01-02-2023 Capital stated in the deed · €208,454.41 · 20,511 shares
Group and network
Connections & network
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Acquisitions and mergers
1 transactionTaken over by:JUJE
Acts, filings and financial milestones
2023
26-06
Gazette deed
Resignations & appointments · Restructuring · End & cessationMerger · Accounting effect · Dissolution10 facts ▸
Gazette deed
Resignations & appointments · Restructuring · End & cessation
Merger · Accounting effect · Dissolution10 facts ▸
- General meeting, 30-05-2023
- Merger, “dissolution sans liquidation et fusion par transfert de l'intégralité du patrimoine actif et passif, rien excepté ni réservé, actionnaire unique” (deed in French)
- Accounting effect, 01-01-2023
- Dissolution, “fusion, sans liquidation” (deed in French)
- Shareholding, JUJE
- Other provision, “actionnaire unique de la société absorbée, renonciation à l'établissement d'un rapport par le commissaire ou un expert-comptable externe” (deed in French)
- Other provision, “modalités d'établissement et d'approbation des comptes annuels - décharge aux administrateurs”, 01-01-2023 (deed in French)
- Power of attorney, BASTIN Juan Bernard Pierre Martin Chantal Marie Ghislain (director)
- Power of attorney, RAEDEMAECKER Sébastien Arnaud Raphaël (director)
- Merger, “six semaines au moins avant l'assemblée générale, actionnaire unique” (deed in French)
08-03
NBB filing
Annual accounts filed
financial year 2022 · full format
01-02
Gazette deed
RestructuringMerger · Capital · Accounting effect15 facts ▸
Gazette deed
Restructuring
Merger · Capital · Accounting effect15 facts ▸
- Merger, “operation assimilee a une fusion par absorption, dissolution sans liquidation de la absorbee” (deed in French)
- Capital, €208,454.41
- Capital, €62,000
- Accounting effect, 01-01-2023
- Other provision, “base bilantaire”, 31-12-2022 (deed in French)
- Other provision, “droits spéciaux, actions identiques mêmes droits et avantages” (deed in French)
- Other provision, “avantages particuliers organes gestion, administrateurs absorbee et absorbante” (deed in French)
- Shareholding, 20511
- Share cancellation, 20511, “article 3:77 §4 arrêté royal d'exécution du CSA” (deed in French)
- Other provision, “absence émission et rapport échange, article 12:57, 1° CSA” (deed in French)
- Other provision, “articles 11 et 18 §3 Code TVA, régime fiscal” (deed in French)
- Other provision, “coût opération” (deed in French)
- +3 further facts in this act
2022
31-12
Financial
Liquidity more than 19 timescurrent ratio 2.61
Current ratio from 0.13 to 2.61; short-term debt falls from €147,729 to €74,804.
04-02
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Highest result from 2018 to 2022net €559,575 ▲978%
Operating result €724,899, net result €559,575, both a record.
31-12
Financial
Equity above €2mequity €3.2m ▲487%
A profit in every financial year since 2018 builds equity to €3.2m.
23-07
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial
Liquidity more than 20 timescurrent ratio 7.51
Current ratio from 0.36 to 7.51; short-term debt falls from €37,104 to €7,802.
31-12
Financial
Equity above €500,000equity €542,823 ▲10.6%
A profit in every financial year since 2018 builds equity to €542,823.
27-10
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format · 88 days late
2019
29-08
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 29 days late
Show earlier events
2018
24-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
11-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 11 days late
2016
29-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 29 days late
2015
30-08
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 30 days late
2014
21-08
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format · 21 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 39 annual accounts filed, the latest 10 are here; all 39 are under Financials.
2 of 12 deeds read
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive
IMMOCO is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2022
- Last registered office
- Avenue Georges Henri 391, 1200 Woluwe-Saint-Lambertas published on 26 June 2023
- Legal form
- Public limited company
- Active since
- 1984 (first annual accounts)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “L'exploitation de petites entreprises et de commerces de gros dans l'alimentation, l'équipement électronique, le textile; L'exploitation de…” (deed in French)
8 activities (deed in French)
- L'exploitation de petites entreprises et de commerces de gros dans l'alimentation, l'équipement électronique, le textile;
- L'exploitation de résidences pour personnes âgées et d'entreprises de restauration;
- Importation et exportation de toutes marchandises:
- Octroyer des prêts et financements;
- Prendre des participations dans d'autres sociétés, ayant ou non un objet différent, et les gérer;
- Courtage de fonds commerciaux;
- Toutes activités immobilières au sens le plus large du terme, tant pour compte propre que pour compte de tiers;
- Ainsi que toutes opérations industrielles, commerciales, immobilières ou financières se rattachant directement ou indirectement à cet objet ou susceptibles d'en favoriser l'extension.
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 01-02-2023
Read from the deeds: 2 provisions, deed of 01-02-2023