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IMMODM

Active
Private limited companyfounded 201610 yrs activeRue de l' Intérieur 96, 1360 Perwez, BelgiumKBO/BCE: BE 0657.942.981
Summary

The computed 12-month bankruptcy probability of IMMODM is 1.8% (moderate). The 2024 annual accounts show equity of €113,091 and a net result of -€4,877. Equity is growing by ~4.6% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability39▼-13
Solvency56=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
short-term debt: 27.4% of total assets, and 69.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
30.6%
Return on assets
-1.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€4,877
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
49 d early
2022
31 d late
2021
2 d late
2020
39 d late
2019
82 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMMODM was incorporated on 1 July 2016.1 Total assets rose from EUR 228,088 in 2018 to EUR 369,905 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,877▼ 62.1%
2023 · -€3,009
Working capital
-€92,588▼ 0.9%
2022 · -€91,736
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€202,396▲ 1,767%-€6,430-€3,253▲ 49.4%€541€689▲ 27.4%
Net result€146,203▲ 2,579%-€8,685-€6,396▲ 26.4%-€3,009▲ 53.0%-€4,877▼ 62.1%
Equity€122,980€127,373▲ 3.6%€120,977▼ 5.0%€117,968▼ 2.5%€113,091▼ 4.1%
Total assets€185,115▼ 20.9%€406,317▲ 119%€396,430▼ 2.4%€383,140▼ 3.4%€369,905▼ 3.5%
Debt€6,438▼ 97.5%€278,943▲ 4,233%€275,453▼ 1.3%€265,172▼ 3.7%€256,814▼ 3.2%
Working capital€103,677-€21,809-€91,736▼ 321%-€92,588▼ 0.9%
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: €202,396€202,396Net result 2020: €146,203€146,203Operating result 2021: -€6,430-€6,430Net result 2021: -€8,685-€8,685Operating result 2022: -€3,253-€3,253Net result 2022: -€6,396-€6,396Operating result 2023: €541€541Net result 2023: -€3,009-€3,009Operating result 2024: €689€689Net result 2024: -€4,877-€4,87720202021202220232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€3,253-€3,250Net result 2022: -€6,396-€6,400Operating result 2023: €541€541Net result 2023: -€3,009-€3,010Operating result 2024: €689€689Net result 2024: -€4,877-€4,880202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €369,905
Equity €113,091 ▼ 4.1%
Debt €256,814 ▼ 3.2%
Debt's share of the balance-sheet total rises from 69.2% to 69.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,550▲
2023 · €14,401
Cash flow
€8,984▼
2023 · €10,851
Debt to equity
2.27▲
2023 · 2.25
ROE
-4.3%▼
2023 · -2.6%
ROA
-1.3%▼
2023 · -0.8%
Interest coverage
2.61▼
2023 · 4.06
Debt ≤ 1 year
€101,322▲
2023 · €94,262
Debt > 1 year
€152,750▼
2023 · €166,869
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,915 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€383,140€369,905▼
Fixed assets21/28€381,466€369,905▼
Tangible fixed assets22/27€381,466€369,905▼
Land and buildings22€381,466€369,905▼
Current assets29/58€1,674-
Cash at bank and in hand54/58€1,674-
Equity and liabilities
Total equity and liabilities10/49€383,140€369,905▼
Equity10/15€117,968€113,091▼
Contributions10/11€18,980€18,980=
Profit (loss) carried forward14€98,988€94,111▼
Amounts payable17/49€265,172€256,814▼
Amounts payable after more than one year17€166,869€152,750▼
Financial debts170/4€166,869€152,750▼
Amounts payable within one year42/48€94,262€101,322▲
Current portion of amounts payable after more than one year42€14,813€15,051▲
Financial debts43-€275
Credit institutions430/8-€275
Trade debts44-€2,300
Suppliers440/4-€2,300
Other amounts payable47/48€79,449€83,696▲
Accrued charges and deferred income492/3€4,041€2,742▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,860€13,861=
Other operating charges640/8€1,541€1,590▲
Gross operating margin9900€15,942€16,140▲
Operating profit (loss)9901€541€689▲
Financial charges65/66B€3,550€5,566▲
Recurring financial charges65€3,550€5,566▲
Profit (loss) for the period before taxes9903-€3,009-€4,877▼
Profit (loss) for the period9904-€3,009-€4,877▼
Profit (loss) for the period to be appropriated9905-€3,009-€4,877▼
Appropriation of the result
Profit (loss) to be appropriated9906€98,988€94,111▼
Profit (loss) brought forward from the previous period14P€101,997€98,988▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,625-€12,143€13,860€13,861=
Other operating charges640/8-€416€348€1,541€1,590▲ 3.2%
Gross operating margin9900€218,078-€6,014€9,238€15,942€16,140▲ 1.2%
Operating profit (loss)9901€202,396-€6,430-€3,253€541€689▲ 27.4%
Financial charges65/66B-€2,255€3,143€3,550€5,566▲ 56.8%
Recurring financial charges65€495€2,255€3,143€3,550€5,566▲ 56.8%
Profit (loss) for the period before taxes9903€201,901-€8,685-€6,396-€3,009-€4,877▼ 62.1%
Profit (loss) for the period9904€146,203-€8,685-€6,396-€3,009-€4,877▼ 62.1%
Profit (loss) for the period to be appropriated9905-€20,890-€8,685-€6,396-€3,009-€4,877▼ 62.1%
Line20202021202220232024Change
Assets
Total assets20/58€185,115€406,317€396,430€383,140€369,905▼ 3.5%
Fixed assets21/28€75,000€360,720€395,326€381,466€369,905▼ 3.0%
Tangible fixed assets22/27€75,000€360,720€395,326€381,466€369,905▼ 3.0%
Land and buildings22-€360,720€395,326€381,466€369,905▼ 3.0%
Current assets29/58€110,115€45,597€1,104€1,674--
Amounts receivable within one year40/41€42,100€27,100----
Other amounts receivable41-€27,100----
Cash at bank and in hand54/58€68,015€18,497€1,104€1,674--
Equity and liabilities
Total equity and liabilities10/49€185,115€406,317€396,430€383,140€369,905▼ 3.5%
Equity10/15€122,980€127,373€120,977€117,968€113,091▼ 4.1%
Contributions10/11-€18,980€18,980€18,980€18,980=
Reserves13€167,093-----
Profit (loss) carried forward14-€63,093€108,393€101,997€98,988€94,111▼ 4.9%
Provisions and deferred taxes16€55,698-----
Amounts payable17/49€6,438€278,943€275,453€265,172€256,814▼ 3.2%
Amounts payable after more than one year17-€211,538€182,613€166,869€152,750▼ 8.5%
Financial debts170/4-€211,538€182,613€166,869€152,750▼ 8.5%
Amounts payable within one year42/48€6,438€67,405€92,840€94,262€101,322▲ 7.5%
Current portion of amounts payable after more than one year42--€15,495€14,813€15,051▲ 1.6%
Financial debts43----€275-
Credit institutions430/8----€275-
Trade debts44€605€17,786--€2,300-
Suppliers440/4-€17,786--€2,300-
Taxes, remuneration and social security45-€37,619----
Taxes450/3-€37,619----
Other amounts payable47/48-€12,000€77,344€79,449€83,696▲ 5.3%
Accrued charges and deferred income492/3---€4,041€2,742▼ 32.1%
Line20202021202220232024Change
Profit (loss) for the period9904€146,203-€8,685-€6,396-€3,009-€4,877▼ 62.1%
+ Depreciation and write-downs630€12,625-€12,143€13,860€13,861=
Operating cash flow (approximation)€158,829-€8,685€5,747€10,851€8,984▼ 17.2%
Investment in fixed assets (approximation)--€285,720-€46,749€0-€2,300-
Change in cash--€49,518-€17,393€570--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
02-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial Weakest financial yearnet -€8,685
Net result drops to -€8,685, the lowest in the series; recovery starts the following year.
08-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
31-12
Financial Highest result since 2018net €146,203 ▲2,579%
Operating result €202,396, net result €146,203, both a record.
31-12
Financial Liquidity times 174current ratio 17.10
Current ratio from 0.10 to 17.10; short-term debt falls from €152,106 to €6,438.
31-12
Financial Equity above €100,000Eq €122,980
2 profitable years in a row build equity to €122,980.
21-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial Back to profitnet €5,458
Net result €5,458 after one loss-making year.
05-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Perwez · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
727 m²
Building footprint
90 m²
Parcel 25101B0204/00H000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
IMMODM
Rue de l' Intérieur 96, 1360 PerwezReal estate activities
since 20162.257.408.447
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25101B0204/00H000 Wallonia 727 m² 1 · 90 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-07-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.