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IMMOCO

Active
Private limited companyfounded 1988active for 37 yearsMyosotislaan(Odk) 8, 8670 Koksijde, BelgiumKBO/BCE: BE 0435.882.465
Summary

IMMOCO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €398,293 and a net result of -€17,378. Equity has been shrinking by about 7.2% per year since 2019. Its solvency ranks better than 65% of 99 sector peers (NACE 41, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-11-1988 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Establishment unit
2.051.278.794 2260 Westerlo, since 28-12-1991
Financial year end
30 June
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

87 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2026
Gross margin
€16,666
▲ 92.8%
Turnover
≈ €210,000
estimated
Loss
€17,378
▼ 33.7%
Equity
€398,293
▼ 4.2%
Total assets
€720,893
▼ 0.5%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Loss of €17,378, the second in a row (financial year 2026)lowers riskSize: total assets €720,893Founded in 1988Show the evidence

Checked score

Score 2026
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2025
Average
Solvency 80-2
equity 55.3% of total assets
Liquidity 52=
short-term debt 12.5% · cash 2.6%
Profitability 26+12
return on assets -2.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.26 (0.3 in 2025), below 1. Short-term debt is 12.5% and cash 2.6% of total assets. 44.7% of the assets are financed with debt and provisions.
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 64% of them on solvency, 55% on liquidity, 18% on profitability and 30% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €720,893
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €17,378, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€17,378
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 02-10-2026, 121 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
121 days early
2025
157 days early
2024
21 days early
2023
127 days early
2022
97 days early
2021
83 days early
2020
54 days early
← 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 94 days before 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 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 2 October (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in construction of buildingssector median €29,611 · 99 companies -€17,378 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2026 -€17,378 View

Recent changes

  1. · Gazette deed Appointment: Cools Marc Lodewijk (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as IMMOCO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €582,000 and €717,000, founded between 1985 and 1997.

CompanyTotal assetsGross margin
IMMOCO Koksijde€720,893€16,666
MARIBO Hechtel-Eksel€707,545€15,043
EGONEL Tienen€701,109€20,927
Gebroeders DEKLEERMAEKER Kortenberg€589,788€15,819
Bocris Ingelmunster€581,806€13,745
DERAMO Middelkerke€716,820€18,904
ASFALTWERKEN VANDENBULCKE BERNARD Zwevegem€713,115€26,769
Full comparison

Key facts about IMMOCO

What is the company number of IMMOCO?
The company number of IMMOCO is 0435.882.465. The VAT number is the same number with BE in front: BE 0435.882.465.
Where is IMMOCO based?
The registered office is at Myosotislaan(Odk) 8, 8670 Koksijde.Company details
What does IMMOCO do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of IMMOCO?
The legal form of IMMOCO is Private limited company (BV).
When was IMMOCO founded?
IMMOCO was founded on 21-11-1988.
Is IMMOCO still active?
Yes, IMMOCO is an active enterprise in the KBO register.
What is the turnover of IMMOCO?
The turnover in financial year 2026 is ≈ €210,000. This figure is estimated from the gross margin of €16,666 and 73 comparable companies (NACE 41001). It probably lies between €96,000 and €400,000. It is a rough estimate.Financials
Is IMMOCO profitable?
In financial year 2026, IMMOCO made a loss of €17,378.
Where can I find the annual accounts of IMMOCO?
IMMOCO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of IMMOCO due?
IMMOCO must file the annual accounts for financial year 2027 by 31-01-2028.Timeline

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