IMMOFAL
ActiveSummary
IMMOFAL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €-10k. Equity is shrinking by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-6
Solvency49=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.11 in 2024; short-term debt: 47.8% and cash: 5.1% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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 2025Solvency, return and age of the figures
Solvency
23.8%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
36 d early
2023
6 d early
2022
22 d late
2021
26 d late
2020
29 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€83k▼ 10.7%
2024 · €93k
2018: €208k
2019: €209k
2020: €189k
2021: €190k
2022: €184k
2023: €104k
2024: €93k
2018 → 2025
Total assets
€349k▼ 11.3%
2024 · €394k
2018: €883k
2019: €790k
2020: €669k
2021: €611k
2022: €561k
2023: €462k
2024: €394k
2018 → 2025
Net result
€-10k▼ 164%
2024 · €-4k
2018: €3k
2019: €1k
2020: €-20k
2021: €1k
2022: €-4k
2023: €-58k
2024: €-4k
2018 → 2025
Working capital
€-144k▼ 24.5%
2024 · €-116k
2018: €299k
2019: €279k
2020: €227k
2021: €211k
2022: €130k
2023: €-73k
2024: €-116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€190k-€184k▼ 3.2%€104k▼ 43.6%€93k▼ 10.4%€83k▼ 10.7%
Operating result€6k-€14k▲ 124%€-45k€6k€9k▲ 46.8%
Net result€1k-€-4k€-58k▼ 1,197%€-4k▲ 93.5%€-10k▼ 164%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€327k ▼ 13.8%
Current assets
€23k ▲ 52.6%
Equity and liabilities €349k
Equity
€83k ▼ 10.7%
Provisions
€40k ▼ 4.0%
Debt
€226k ▼ 12.6%
Debt's share of the balance-sheet total falls from 65.8% to 64.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €63k
Cash flow
€54k▲
2024 · €54k
Current ratio
0.14▲
2024 · 0.11
Debt to equity
2.72▼
2024 · 2.78
ROE
-12.0%▼
2024 · -4.1%
ROA
-2.9%▼
2024 · -1.0%
Interest coverage
5.10▼
2024 · 5.55
Debt ≤ 1 year
€167k▲
2024 · €131k
Debt > 1 year
€59k▼
2024 · €126k
Income taxes
€6k▲
2024 · €-110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€394k€349k▼
Fixed assets21/28€379k€327k▼
Tangible fixed assets22/27€379k€327k▼
Land and buildings22€243k€220k▼
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€125k€88k▼
Other tangible fixed assets26€10k€18k▲
Current assets29/58€15k€23k▲
Amounts receivable within one year40/41€5k-
Other amounts receivable41€5k-
Cash at bank and in hand54/58€4k€18k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€394k€349k▼
Equity10/15€93k€83k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€55k€51k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€27k€23k▼
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€18k€13k▼
Provisions and deferred taxes16€41k€40k▼
Provisions for liabilities and charges160/5€27k€27k=
Pensions and similar obligations160€27k€27k=
Deferred taxes168€14k€12k▼
Amounts payable17/49€259k€226k▼
Amounts payable after more than one year17€126k€59k▼
Financial debts170/4€126k€59k▼
Amounts payable within one year42/48€131k€167k▲
Current portion of amounts payable after more than one year42€58k€67k▲
Trade debts44€876€2k▲
Suppliers440/4€876€2k▲
Taxes, remuneration and social security45€131€2k▲
Taxes450/3€131€2k▲
Other amounts payable47/48€71k€96k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€64k▲
Other operating charges640/8€16k€13k▼
Gross operating margin9900€79k€86k▲
Operating profit (loss)9901€6k€9k▲
Financial income75/76B€6€5▼
Recurring financial income75€6€5▼
Financial charges65/66B€11k€14k▲
Recurring financial charges65€11k€14k▲
Profit (loss) for the period before taxes9903€-6k€-6k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€-110€6k▲
Profit (loss) for the period9904€-4k€-10k▼
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€760€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€13k▼
Profit (loss) brought forward from the previous period14P€17k€18k▲
Transfer from equity791/2€7k-
Profit to be distributed694/7€7k€0▼
Return on contributions (dividend)694€7k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Rochefort · 1 establishment unit since 2007
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.
Chemin des Frênes, Laloux 75580 RochefortGround area
3,679 m²
Parcel 91095C0070/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Immofal
since 20072.258.189.989
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91095C0070/00C000 | Wallonia | 3,679 m² | - | - |
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.
Similar companies · same sector, comparable size
Human-Link
BE 1003.137.475
Landen · Eq €83,301
GLVB
BE 0556.746.841
Ukkel · Eq €83,302
ANROMA
BE 0793.817.910
Wijnegem · Eq €83,312
DESCORP
BE 1006.451.412
Watermaal-Bosvoorde · Eq €83,277
G.M.S. Consulting
BE 0628.470.819
Mechelen · Eq €83,334
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.