IMMODOM
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 44 filings
Turnover
≈ €100,000
Estimated: probably between €61,000 and €180,000
Total assets
€246,956▲ 4.7%
2024 · €235,815
Net result
€15,331▲ 60.6%
2024 · €9,544
Working capital
€190,704▲ 8.1%
2024 · €176,397
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€20,904
▲ 71.7%
2025
20182025
Net result
€15,331
▲ 60.6%
2025
20182025
Equity
€195,949
▲ 8.5%
2025
20182025
Total assets
€246,956
▲ 4.7%
2025
20182025
Debt
€51,007
▼ 7.6%
2025
20182025
Working capital
€190,704
▲ 8.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€5,266-€37,813€15,731▼ 58.4%€12,634▼ 19.7%€9,681▼ 23.4%€14,245▲ 47.1%€12,174▼ 14.5%€20,904▲ 71.7%
Net result-€7,275-€30,294€9,899▼ 67.3%€8,683▼ 12.3%€7,722▼ 11.1%€9,949▲ 28.8%€9,544▼ 4.1%€15,331▲ 60.6%
Equity€129,652-€159,946▲ 23.4%€169,845▲ 6.2%€169,409▼ 0.3%€161,125▼ 4.9%€171,074▲ 6.2%€180,618▲ 5.6%€195,949▲ 8.5%
Total assets€149,796-€178,974▲ 19.5%€189,357▲ 5.8%€194,051▲ 2.5%€207,322▲ 6.8%€226,439▲ 9.2%€235,815▲ 4.1%€246,956▲ 4.7%
Debt€20,145-€19,028▼ 5.5%€19,511▲ 2.5%€24,642▲ 26.3%€46,197▲ 87.5%€55,364▲ 19.8%€55,197▼ 0.3%€51,007▼ 7.6%
Working capital€112,773-€144,971▲ 28.6%€156,680▲ 8.1%€158,364▲ 1.1%€152,074▼ 4.0%€166,844▲ 9.7%€176,397▲ 5.7%€190,704▲ 8.1%
The operating result for 2025 is 72% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246,956
Fixed assets
€9,535 =
Current assets
€237,421 ▲ 4.9%
Equity and liabilities €246,956
Equity
€195,949 ▲ 8.5%
Debt
€51,007 ▼ 7.6%
Debt's share of the balance-sheet total falls from 23.4% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
5.08▲
2024 · 4.54
Debt to equity
0.26▼
2024 · 0.31
ROE
7.8%▲
2024 · 5.3%
ROA
6.2%▲
2024 · 4.0%
Debt ≤ 1 year
€46,717▼
2024 · €49,883
Income taxes
€8,658▲
2024 · €5,826
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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,352 | €2,000 | €2,000 | €2,000 | €2,000 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €3,192 | €3,261 | €4,196 | €4,121 | €4,251 | ▲ 3.2% |
| Gross operating margin9900 | €14,465 | €19,082 | €21,081 | €17,826 | €14,942 | €18,441 | €16,296 | €25,155 | ▲ 54.4% |
| Operating profit (loss)9901 | -€5,266 | €37,813 | €15,731 | €12,634 | €9,681 | €14,245 | €12,174 | €20,904 | ▲ 71.7% |
| Financial income75/76B | - | - | - | €2,149 | €3,764 | €2,534 | €3,584 | €3,657 | ▲ 2.0% |
| Recurring financial income75 | €2,019 | €2,337 | €333 | €2,149 | €3,764 | €2,534 | €3,584 | €3,657 | ▲ 2.0% |
| Financial charges65/66B | - | - | - | €930 | €975 | €929 | €389 | €572 | ▲ 47.1% |
| Recurring financial charges65 | €771 | €976 | €483 | €930 | €975 | €929 | €389 | €572 | ▲ 47.1% |
| Profit (loss) for the period before taxes9903 | -€4,018 | €39,174 | €15,581 | €13,854 | €12,469 | €15,850 | €15,370 | €23,989 | ▲ 56.1% |
| Income taxes67/77 | €3,257 | €8,880 | €5,682 | €5,171 | €4,747 | €5,901 | €5,826 | €8,658 | ▲ 48.6% |
| Profit (loss) for the period9904 | -€7,275 | €30,294 | €9,899 | €8,683 | €7,722 | €9,949 | €9,544 | €15,331 | ▲ 60.6% |
| Profit (loss) for the period to be appropriated9905 | -€7,275 | €30,294 | €9,899 | €8,683 | €7,722 | €9,949 | €9,544 | €15,331 | ▲ 60.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €149,796 | €178,974 | €189,357 | €194,051 | €207,322 | €226,439 | €235,815 | €246,956 | ▲ 4.7% |
| Fixed assets21/28 | €17,535 | €15,535 | €13,535 | €11,535 | €9,535 | €9,535 | €9,535 | €9,535 | = |
| Tangible fixed assets22/27 | €17,535 | €15,535 | €13,535 | €11,535 | €9,535 | €9,535 | €9,535 | €9,535 | = |
| Land and buildings22 | - | - | - | €11,535 | €9,535 | €9,535 | €9,535 | €9,535 | = |
| Current assets29/58 | €132,261 | €163,439 | €175,821 | €182,516 | €197,787 | €216,904 | €226,280 | €237,421 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €12,731 | €15,783 | €7,483 | €10,548 | €14,531 | €9,775 | €13,091 | €14,506 | ▲ 10.8% |
| Trade receivables40 | - | - | - | €10,548 | €14,531 | €9,775 | €12,707 | €14,506 | ▲ 14.2% |
| Other amounts receivable41 | - | - | - | - | - | - | €385 | - | - |
| Current investments50/53 | €94,668 | €108,582 | €100,832 | €99,562 | €90,358 | €90,409 | €88,636 | €88,750 | ▲ 0.1% |
| Cash at bank and in hand54/58 | €24,821 | €37,938 | €67,477 | €71,306 | €91,798 | €115,619 | €124,503 | €134,083 | ▲ 7.7% |
| Deferred charges and accrued income490/1 | - | - | - | €1,100 | €1,100 | €1,100 | €50 | €81 | ▲ 61.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €149,796 | €178,974 | €189,357 | €194,051 | €207,322 | €226,439 | €235,815 | €246,956 | ▲ 4.7% |
| Equity10/15 | €129,652 | €159,946 | €169,845 | €169,409 | €161,125 | €171,074 | €180,618 | €195,949 | ▲ 8.5% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €26,985 | €57,279 | €67,178 | €66,742 | €58,458 | €68,407 | €77,951 | €93,282 | ▲ 19.7% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €64,883 | €56,599 | €66,548 | €76,092 | €91,423 | ▲ 20.1% |
| Profit (loss) carried forward14 | €84,075 | €84,075 | €84,075 | €84,075 | €84,075 | €84,075 | €84,075 | €84,075 | = |
| Amounts payable17/49 | €20,145 | €19,028 | €19,511 | €24,642 | €46,197 | €55,364 | €55,197 | €51,007 | ▼ 7.6% |
| Amounts payable within one year42/48 | €19,488 | €18,468 | €19,142 | €24,152 | €45,713 | €50,059 | €49,883 | €46,717 | ▼ 6.3% |
| Financial debts43 | - | - | - | €1,181 | €1,183 | €1,507 | €1,509 | €1,200 | ▼ 20.5% |
| Credit institutions430/8 | - | - | - | €1,181 | €1,183 | €1,507 | €1,509 | €1,200 | ▼ 20.5% |
| Trade debts44 | €8,121 | €7,253 | €3,247 | €6,086 | €11,209 | €456 | - | €30 | - |
| Suppliers440/4 | - | - | - | €6,086 | €11,209 | €456 | - | €30 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,086 | €194 | €1,723 | - | €4,127 | - |
| Taxes450/3 | - | - | - | €1,086 | €194 | €1,723 | - | €4,127 | - |
| Other amounts payable47/48 | - | - | - | €15,799 | €33,127 | €46,373 | €48,374 | €41,360 | ▼ 14.5% |
| Accrued charges and deferred income492/3 | - | - | - | €490 | €484 | €5,305 | €5,314 | €4,290 | ▼ 19.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,275 | €30,294 | €9,899 | €8,683 | €7,722 | €9,949 | €9,544 | €15,331 | ▲ 60.6% |
| + Depreciation and write-downs630 | €16,352 | €2,000 | €2,000 | €2,000 | €2,000 | - | - | - | - |
| Operating cash flow (approximation) | €9,077 | €32,294 | €11,899 | €10,683 | €9,722 | €9,949 | €9,544 | €15,331 | ▲ 60.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €13,116 | €29,540 | €3,829 | €20,492 | €23,821 | €8,884 | €9,580 | ▲ 7.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as IMMODOM has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IMMODOM itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for IMMODOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00184356 | |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00277844 | |
| 31-12-2023 | micro format | 27-05-2024 | 2024-00098776 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00122921 | |
| 31-12-2021 | micro format | 24-05-2022 | 2022-20035284 | |
| 31-12-2020 | micro format | 08-07-2021 | 2021-33200353 | |
| 31-12-2019 | micro format | 19-06-2020 | 2020-19200270 | |
| 31-12-2018 | micro format | 20-06-2019 | 2019-21100466 | |
| 31-12-2017 | micro format | 29-03-2018 | 2018-08700020 | |
| 31-12-2016 | micro format | 13-04-2017 | 2017-09500087 |