IMMOFIDES
ActiveSummary
IMMOFIDES has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€44,782) and a net result of -€18,765. Equity is shrinking by ~56.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 4814 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-1
Solvency18▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.23 in 2023; short-term debt: 54.3% and cash: 2.1% of total assets), and equity is negative.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-6.8%
Return on assets
-2.8%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€44,782
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 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
27 d early
2022
21 d early
2021
27 d early
2020
26 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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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
-€18,765▼ 25.1%
2023 · -€14,996
Working capital
-€273,101▼ 0.7%
2023 · -€271,128
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,383-€20,263▼ 499%€3,591€2,448▼ 31.8%€615▼ 74.9%
Net result-€3,545within the sector's middle half-€23,493below the sector's middle half▼ 563%-€4,372within the sector's middle half▲ 81.4%-€14,996within the sector's middle half▼ 243%-€18,765within the sector's middle half▼ 25.1%
Equity€16,845below the sector's middle half▼ 17.4%-€6,648below the sector's middle half-€11,020below the sector's middle half▼ 65.8%-€26,016below the sector's middle half▼ 136%-€44,782below the sector's middle half▼ 72.1%
Total assets€46,165below the sector's middle half▼ 78.6%€551,441below the sector's middle half▲ 1,094%€614,372below the sector's middle half▲ 11.4%€619,986below the sector's middle half▲ 0.9%€662,396below the sector's middle half▲ 6.8%
Debt€29,321▼ 85.0%€558,089▲ 1,803%€625,392▲ 12.1%€646,002▲ 3.3%€707,177▲ 9.5%
Working capital€39,220▲ 73.2%-€283,524-€277,200▲ 2.2%-€271,128▲ 2.2%-€273,101▼ 0.7%
Solvency36.5%within the sector's middle half▲ 27.0pp-1.2%below the sector's middle half▼ 37.7pp-1.8%below the sector's middle half▼ 0.6pp-4.2%below the sector's middle half▼ 2.4pp-6.8%below the sector's middle half▼ 2.6pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 75% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €662,396
Fixed assets
€575,608 ▲ 7.1%
Current assets
€86,787 ▲ 5.4%
Key figures and ratios
Current ratio
0.24▲
2023 · 0.23
Quick ratio
0.12▲
2023 · 0.11
Debt to equity
-15.79▲
2023 · -24.83
ROA
-2.8%▼
2023 · -2.4%
Debt ≤ 1 year
€359,888▲
2023 · €353,440
Debt > 1 year
€343,856▲
2023 · €290,173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,217 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
1.2%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 1,217 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €15,565 | €0 | - | - | - |
| Other operating charges640/8 | - | €2,047 | €2,557 | €2,999 | €2,614 | ▼ 12.8% |
| Gross operating margin9900 | -€3,219 | -€2,651 | €6,148 | €5,447 | €3,230 | ▼ 40.7% |
| Operating profit (loss)9901 | -€3,383 | -€20,263 | €3,591 | €2,448 | €615 | ▼ 74.9% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | €0 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €3,230 | €7,963 | €17,445 | €19,380 | ▲ 11.1% |
| Recurring financial charges65 | €162 | €3,230 | €7,963 | €17,445 | €19,380 | ▲ 11.1% |
| Profit (loss) for the period before taxes9903 | -€3,545 | -€23,493 | -€4,372 | -€14,996 | -€18,765 | ▼ 25.1% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€3,545 | -€23,493 | -€4,372 | -€14,996 | -€18,765 | ▼ 25.1% |
| Profit (loss) for the period to be appropriated9905 | -€3,545 | -€23,493 | -€4,372 | -€14,996 | -€18,765 | ▼ 25.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,165 | €551,441 | €614,372 | €619,986 | €662,396 | ▲ 6.8% |
| Fixed assets21/28 | - | €477,769 | €537,674 | €537,674 | €575,608 | ▲ 7.1% |
| Tangible fixed assets22/27 | - | €477,769 | €537,674 | €537,674 | €575,608 | ▲ 7.1% |
| Land and buildings22 | - | €91,960 | €91,960 | €91,960 | €91,960 | = |
| Assets under construction and advance payments27 | - | €385,809 | €445,714 | €445,714 | €483,648 | ▲ 8.5% |
| Current assets29/58 | €46,165 | €73,672 | €76,699 | €82,312 | €86,787 | ▲ 5.4% |
| Stocks and contracts in progress3 | €44,523 | €44,523 | €44,523 | €44,523 | €44,523 | = |
| Stocks30/36 | - | €44,523 | €44,523 | €44,523 | €44,523 | = |
| Amounts receivable within one year40/41 | €1,291 | €8,848 | €18,732 | €19,237 | €28,228 | ▲ 46.7% |
| Trade receivables40 | - | €3,395 | €0 | - | - | - |
| Other amounts receivable41 | - | €5,453 | €18,732 | €19,237 | €28,228 | ▲ 46.7% |
| Cash at bank and in hand54/58 | €235 | €19,937 | €13,064 | €18,132 | €13,730 | ▼ 24.3% |
| Deferred charges and accrued income490/1 | - | €363 | €379 | €420 | €306 | ▼ 27.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,165 | €551,441 | €614,372 | €619,986 | €662,396 | ▲ 6.8% |
| Equity10/15 | €16,845 | -€6,648 | -€11,020 | -€26,016 | -€44,782 | ▼ 72.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€1,755 | -€25,248 | -€29,620 | -€44,616 | -€63,382 | ▼ 42.1% |
| Amounts payable17/49 | €29,321 | €558,089 | €625,392 | €646,002 | €707,177 | ▲ 9.5% |
| Amounts payable after more than one year17 | €22,376 | €200,893 | €270,093 | €290,173 | €343,856 | ▲ 18.5% |
| Financial debts170/4 | - | €197,443 | €267,443 | €287,523 | €343,856 | ▲ 19.6% |
| Other amounts payable178/9 | - | €3,450 | €2,650 | €2,650 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €6,945 | €357,196 | €353,898 | €353,440 | €359,888 | ▲ 1.8% |
| Financial debts43 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Credit institutions430/8 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Trade debts44 | €5,552 | €6,974 | €3,677 | €3,218 | €9,667 | ▲ 200% |
| Suppliers440/4 | - | €6,974 | €3,677 | €3,218 | €9,667 | ▲ 200% |
| Taxes, remuneration and social security45 | - | €0 | - | - | - | - |
| Taxes450/3 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €222 | €222 | €222 | €222 | = |
| Accrued charges and deferred income492/3 | - | - | €1,401 | €2,389 | €3,433 | ▲ 43.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,545 | -€23,493 | -€4,372 | -€14,996 | -€18,765 | ▼ 25.1% |
| + Depreciation and write-downs630 | - | €15,565 | €0 | - | - | - |
| Operating cash flow (approximation) | -€3,545 | -€7,928 | -€4,372 | -€14,996 | -€18,765 | ▼ 25.1% |
| Investment in fixed assets (approximation) | - | - | -€59,904 | €0 | -€37,935 | - |
| Change in cash | - | €19,703 | -€6,873 | €5,068 | -€4,402 | ▼ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-07
State Gazette act
Purpose · Statutes amendment · MiscellaneousCapital conversion · Capital · Auditor report18 facts ▸
State Gazette act
Purpose · Statutes amendment · Miscellaneous
Capital conversion · Capital · Auditor report18 facts ▸
- General meeting, 29-07-2026
- Capital conversion, compte d'apports disponibles
- Capital
- Statutes amendment, 6
- Statutes amendment, 7
- Other statement, 29-07-2026
- Auditor report, 28-07-2026
- Other statement, 28-07-2026
- Capital contribution, €300.000
- Capital contribution, €100.000
- Capital contribution, €100.000
- Capital contribution, €100.000
- +6 further facts in this act
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Liquidity times 6current ratio 6.65
Current ratio from 1.12 to 6.65; short-term debt falls from €193,113 to €6,945.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
31-12
Financial
Back to profitnet €41,966
Net result €41,966 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts 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.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jalhay · 1 establishment unit since 2014
Ground area
790 m²
Building footprint
108 m²
Volume, LiDAR
947 m³
Parcel 63068A0313/00F000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMOFIDES
since 20142.229.230.343
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068A0313/00F000 | Wallonia | 790 m² | 1 · 108 m² | 9.9 m · 3 fl. |
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.
Articles of association
Purpose
La gestion d'un patrimoine immobilier, la vente, l'échange, l'achat, la construction par sous-traitance, la transformation, la démolition, la reconstruction, la restauration, la…
Full purpose (13 activities)
- La gestion d'un patrimoine immobilier, la vente, l'échange, l'achat, la construction par sous-traitance, la transformation, la démolition, la reconstruction, la restauration, la promotion, l'exploitation directe ou en régie, l'entretien, le développement, l'embellissement, la restauration, la location, la prise en location, la gérance d'immeubles bâtis ou non, meublés ou non, le lotissement. Cette gestion s'exercera notamment, mais sans y être limitée, dans les activités liées au secteur de la santé, en ce compris les activités paramédicales.
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières et immobilières et autres entreprises existantes ou à créer
- Le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
- L'achat, la vente, la cession, l'échange et la gestion de toutes valeurs mobilières, actions, parts sociales, obligations, fonds d'état, de tous biens et droits mobiliers et immobiliers, la prise de participation sous quelque forme que ce soit dans toutes sociétés et entreprises industrielles, commerciales, agricoles, financières, immobilières et autres entreprises existantes ou à créer, ainsi que tous investissements et opérations financières à l'exception de celles réservées par la loi aux banques de dépôt et autres intermédiaires financiers
- Accomplir toutes opérations généralement quelconques, commerciales, civiles, industrielles, financières, mobilières ou immobilières, se rapprochant, directement ou indirectement à son objet social ou pouvant en favoriser le développement ou en faciliter la réalisation
- S'intéresser par toutes voies, et notamment par voie d'apport, de fusion, de souscription, de cession, de participation, d'achat de titres, d'intervention financière ou par tout autre mode, dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue ou connexe ou qui sont de nature à favoriser le développement de ses activités tant en Belgique qu'à l'étranger
- Exercer les fonctions d'administrateur, de gérant ou de liquidateur dans d'autres sociétés
- Gestion immobilière
- Participations
- Valeurs mobilières
- Opérations générales
- Investissements
- Mandats
Board rule
Pouvoir de procéder à des distributions provenant du bénéfice de l'exercice en cours ou du bénéfice de l'exercice précédent, distribution du bénéfice
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
After the capital increase
act of 31-07-2026 ↗
- THEMA INVEST (BE 0849.814.327) 100,000 EUR
- PRISMOFIDES (BE 0546.565.207) 100,000 EUR
- Christophe SOLHEID 100,000 EUR
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 31-07-2026 Capital increase of 300,000 EUR
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 2,347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0547659030
Registered
05-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.