IMMODEVELOPMENT
ActiveSummary
IMMODEVELOPMENT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €258,173 and a net result of €56,779. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 44% of 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 1.1 FTE
- Equity
- €258,173
- Profit
- €56,779
Why 93raises risk2 establishment unitslowers riskSize: total assets €527,034Sector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed 29-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 45% on solvency, 17% on liquidity, 50% on profitability and 72% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Equity above €200,000equity €201,394 ▲46.9%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 14% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €51,034 | €53,121 | €59,694 | €60,634 | €63,676 | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,299 | €3,491 | €3,611 | €3,067 | €4,053 | €4,315 | €6,377 | €7,804 | ▲ 22.4% |
| Other operating charges640/8 | - | - | - | €1,080 | €1,274 | €993 | €1,868 | €967 | ▼ 48.2% |
| Gross operating margin9900 | €16,589 | €335,195 | €348,897 | €266,341 | €121,767 | €111,514 | €165,359 | €155,759 | ▼ 5.8% |
| Operating profit (loss)9901 | -€45,640 | €266,562 | €291,085 | €211,160 | €63,319 | €46,511 | €96,479 | €83,312 | ▼ 13.6% |
| Financial income75/76B | - | - | - | €866 | - | €273 | €757 | €737 | ▼ 2.7% |
| Recurring financial income75 | €1 | €2,150 | €4,942 | €866 | - | €273 | €757 | €737 | ▼ 2.7% |
| Financial charges65/66B | - | - | - | €2,395 | €1,033 | €967 | €1,509 | €44 | ▼ 97.1% |
| Recurring financial charges65 | €16,764 | €12,034 | €6,981 | €2,395 | €1,033 | €967 | €1,509 | €44 | ▼ 97.1% |
| Profit (loss) for the period before taxes9903 | -€62,403 | €251,159 | €289,047 | €209,631 | €62,286 | €45,818 | €95,728 | €84,004 | ▼ 12.2% |
| Income taxes67/77 | €0 | €0 | €5,330 | €19,819 | €19,716 | €14,887 | €31,464 | €27,225 | ▼ 13.5% |
| Profit (loss) for the period9904 | -€62,404 | €251,159 | €283,717 | €189,811 | €42,571 | €30,930 | €64,264 | €56,779 | ▼ 11.6% |
| Profit (loss) for the period to be appropriated9905 | -€62,404 | €251,159 | €283,717 | €189,811 | €42,571 | €30,930 | €64,264 | €56,779 | ▼ 11.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.3m | €0.2m | €0.5m | €0.3m | €0.3m | €0.5m | €0.5m | ▲ 4.8% |
| Fixed assets21/28 | €0.01m | €0.008m | €0.01m | €0.009m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 11.4% |
| Intangible fixed assets21 | €0.003m | €0.002m | €0.001m | €0.001m | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.008m | €0.007m | €0.009m | €0.008m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 11.4% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.002m | €0.002m | €0.01m | €0.008m | ▼ 26.7% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.01m | €0.01m | €0.009m | €0.01m | ▲ 60.4% |
| Financial fixed assets28 | €45 | €45 | €45 | €45 | €45 | €45 | €45 | €45 | = |
| Current assets29/58 | €0.6m | €0.3m | €0.2m | €0.5m | €0.3m | €0.3m | €0.5m | €0.5m | ▲ 4.5% |
| Stocks and contracts in progress3 | - | €0.2m | €0.005m | €0.005m | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €0.005m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.5m | €0.1m | €0.1m | €0.4m | €0.1m | €0.3m | €0.4m | €0.5m | ▲ 4.3% |
| Trade receivables40 | - | - | - | €0.4m | €0.1m | €0.3m | €0.4m | €0.5m | ▲ 4.3% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.002m | €0.003m | €0.003m | €0.003m | = |
| Cash at bank and in hand54/58 | €0.007m | €0.009m | €0.02m | €0.1m | €0.1m | €0.04m | €0.04m | €0.05m | ▲ 30.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.01m | €0.003m | €0.008m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.3m | €0.2m | €0.5m | €0.3m | €0.3m | €0.5m | €0.5m | ▲ 4.8% |
| Equity10/15 | -€0.5m | -€0.3m | €0.02m | €0.06m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 28.2% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | - | - | - | €0.04m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 32.0% |
| Distributable reserves133 | - | - | - | €0.04m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 32.0% |
| Profit (loss) carried forward14 | -€0.5m | -€0.3m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Amounts payable17/49 | €1.1m | €0.6m | €0.2m | €0.5m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 10.8% |
| Amounts payable after more than one year17 | - | €0.2m | €0.01m | €0.003m | - | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.003m | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.1m | €0.4m | €0.1m | €0.5m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 10.8% |
| Trade debts44 | €0.6m | €0.01m | €0.02m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 16.5% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 16.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.07m | €0.05m | €0.07m | €0.07m | ▲ 1.9% |
| Taxes450/3 | - | - | - | €0.08m | €0.06m | €0.04m | €0.06m | €0.06m | ▲ 0.4% |
| Remuneration and social security454/9 | - | - | - | €0.008m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 8.3% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.003m | €0.002m | €0.003m | €0.007m | ▲ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,404 | €251,159 | €283,717 | €189,811 | €42,571 | €30,930 | €64,264 | €56,779 | ▼ 11.6% |
| + Depreciation and write-downs630 | €3,299 | €3,491 | €3,611 | €3,067 | €4,053 | €4,315 | €6,377 | €7,804 | ▲ 22.4% |
| Operating cash flow (approximation) | -€59,105 | €254,650 | €287,328 | €192,879 | €46,623 | €35,245 | €70,640 | €64,583 | ▼ 8.6% |
| Investment in fixed assets (approximation) | - | -€959 | -€5,578 | -€1,609 | -€10,837 | -€619 | -€13,826 | -€10,028 | ▲ 27.5% |
| Change in cash | - | €2,470 | €10,224 | €119,997 | -€4,363 | -€98,166 | €1,994 | €11,849 | ▲ 494% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00209132 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00194944 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00211311 |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00261503 |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20174647 |
| 31-12-2020 | micro format | 27-07-2021 | 2021-40100565 |
| 31-12-2019 | micro format | 07-10-2020 | 2020-59200378 |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47600305 |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52300157 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Day-to-day management 3
Permanent representatives 3
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| BUILDING en SERVICE TEAM |
|
| HOMES & DREAMS |
|
| LUXURY RESIDENCES |
|
Owners and capital
Capital and shareholders
- 09-01-2024 Capital stated in the deed · 300 shares
Group and network
Connections & network
3 office holdersThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
09-01
Gazette deed
Resignations: HOMES & DREAMS, BUILDING EN SERVICE TEAM and LUXURY RESIDENCESAppointments: HOMES & DREAMS, BUILDING EN SERVICE TEAM and LUXURY RESIDENCES · Permanent representatives: Lien DE BAETS, Mike DE BAETS and Dave DE BAETS · Capital28 facts ▸
- Capital
- Capital contribution
- Other provision, “TITEL VIII.ALGEMENE MAATREGELEN” (deed in Dutch)
- Power of attorney, Tom Claerhout
- General meeting, 21-12-2023
- Amendment of the articles (3 times)
- Capital conversion, EUR, “Tweede Besluit” (deed in Dutch)
- Registered office clause, “Vlaamse Gewest, Moerstraat 37,9970 Kaprijke” (deed in Dutch)
- Other provision, “website en e-mail KBO, geen website noch e-mail toevoegen” (deed in Dutch)
- Director resignation, HOMES & DREAMS (manager)
- Director resignation, BUILDING EN SERVICE TEAM (manager)
- Director resignation, LUXURY RESIDENCES (manager)
- +16 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43007A0827/00B000 | Flanders | 7,902 m² | 1 · 1,317 m² | 9.7 m · 2 |
| 37018B0843/00R004 | Flanders | 940 m² | 1 · 190 m² | 7.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De ontwikkeling van allerhande onroerend goed projecten in eigen naam en in naam voor derden; Het oordeelkundig beheer van een roerend en…” (deed in Dutch)
9 activities (deed in Dutch)
- De ontwikkeling van allerhande onroerend goed projecten in eigen naam en in naam voor derden
- Het oordeelkundig beheer van een roerend en onroerend vermogen
- Het ter beschikking stellen van roerende en onroerende goederen onder gelijk welke vorm,mits naleving van de eventuele wettelijke vergunningen
- Het verlenen van diensten allerhande,advies en consultancy op het vlak van algemeen marketingbeleid,administratieve en interne organisatie en public relations
- Het beheer evenals de exploitatie in eigen naam en in naam van derden van horecazaken
- Het organiseren van beurzen en evenementen
- Het beheer en de exploitatie van evenals de adviesverlening aan hotels,resorts,woonerven,residenties,woon- en zorgcentra
- Het waarnemen van bestuursmandaten
- Het optreden als tussenpersoon in de handel,commissionair en aan- en verkoop van diverse artikelen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IMMODEVELOPMENT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “In geval van tegenstrijdig belang zal (zullen) de bestuurder(s) handelen overeenkomstig de wettelijke bepalingen ter zake…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“Contractbreuk, contractuele verbintenis” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en benoeming vereffenaars, Artikel 24” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed