IMMODER INVEST
ActiveIMMODER INVEST has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.10M and a net result of €-8k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 5.58 against 3.47 in 2023; short-term debt: 15.8% and cash: 1.5% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.2%
Return on assets
-0.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
31 d late
2021
29 d late
2020
27 d late
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k▼ 207%
2023 · €-3k
2018: €-24k
2019: €-21k
2020: €-15k
2021: €-36k
2022: €617k
2023: €-3k
2018 → 2024
Working capital
€951k▲ 1.9%
2023 · €933k
2018: €-350k
2019: €-302k
2020: €-267k
2021: €-248k
2022: €918k
2023: €933k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€533k-€497k▼ 6.8%€1.11M▲ 124%€1.11M▼ 0.3%€1.10M▼ 0.7%
Operating result€-9k-€-24k▼ 161%€892k€-5k€-19k▼ 288%
Net result€-15k-€-36k▼ 144%€617k€-3k€-8k▼ 207%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €5k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.31M
Fixed assets
€153k▼ 14.2%
Current assets
€1.16M▼ 11.6%
Equity and liabilities €1.31M
Equity
€1.10M▼ 0.7%
Debt
€208k▼ 45.0%
The debt ratio falls from 25.4% to 15.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €19k
Cash flow
€17k▼
2023 · €22k
Solvency
84.2%▲
2023 · 74.6%
Current ratio
5.58▲
2023 · 3.47
Quick ratio
5.58▲
2023 · 3.47
Debt / equity
0.19▼
2023 · 0.34
ROE
-0.7%▼
2023 · -0.2%
ROA
-0.6%▼
2023 · -0.2%
Interest coverage
0.24▼
2023 · 1.06
Debt
€208k▼
2023 · €378k
Debt ≤ 1 year
€208k▼
2023 · €378k
Income taxes
€0▲
2023 · €-1
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.49M€1.31M▼
Fixed assets21/28€178k€153k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€173k€150k▼
Land and buildings22€159k€140k▼
Plant, machinery and equipment23€15k€11k▼
Current assets29/58€1.31M€1.16M▼
Amounts receivable within one year40/41€0€10k▲
Trade receivables40€0€0=
Other amounts receivable41€0€10k▲
Current investments50/53€1.21M€1.11M▼
Cash at bank and in hand54/58€84k€20k▼
Deferred charges and accrued income490/1€22k€23k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.31M▼
Equity10/15€1.11M€1.10M▼
Contributions10/11€384k€384k=
Capital10-€384k
Issued capital100-€384k
Reserves13€719k€719k=
Non-distributable reserves130/1€23k€23k=
Legal reserve130-€23k
Reserves not available under the articles1311€23k-
Distributable reserves133€696k€696k=
Profit (loss) carried forward14€8k€331▼
Amounts payable17/49€378k€208k▼
Amounts payable within one year42/48€378k€208k▼
Financial debts43€19€0▼
Credit institutions430/8€19€0▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€371k€197k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€25k€12k▼
Operating profit (loss)9901€-5k€-19k▼
Financial income75/76B€20k€36k▲
Recurring financial income75€20k€36k▲
Financial charges65/66B€18k€24k▲
Recurring financial charges65€18k€24k▲
Profit (loss) for the period before taxes9903€-3k€-8k▼
Income taxes67/77€-1€0▲
Profit (loss) for the period9904€-3k€-8k▼
Profit (loss) for the period to be appropriated9905€-3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€331▲
Profit (loss) brought forward from the previous period14P€539€8k▲
Transfer from equity791/2€10k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €617k
Net result €617k after 4 loss-making years.
31-12
Financial
Liquidity times 9current ratio 3.40
Current ratio from 0.36 to 3.40; short-term debt falls from €387k to €382k.
31-12
Financial
Equity above €1MEq €1.11M ▲124%
Equity rises from €497k to €1.11M.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Hannut · 1 establishment unit since 1996
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 Neuve 234280 HannutGround area
4,267 m²
Building footprint
160 m²
Volume, LiDAR
854 m³
Parcel 64060B0390/00F000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immoder Invest
since 19962.358.043.175
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64060B0390/00F000 | Wallonia | 4,267 m² | 1 · 160 m² | 7.2 m · 2 fl. |
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.
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,774 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-02-1992
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:derwafreddy@gmail.com
Phone:+32477213783