Equity
-€17,576
Debts exceed assets in financial year 2025.
ImmoFlex
Lifetime
2 annual accounts with figures on one time axispeak €16,031 (2025)
€16,031▲ €53,195
lowest -€57,524 (2024)
€14,948▲ €72,472
peak -€17,576 (2025)
-€17,576▲ €14,948
€64,417▼ 4.6%
Board2 names since 2024
2 directorsLENS Geert and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€37,164 to €16,031Back to profit: €14,948Equity from -€32,524 to -€17,576
Key points
from the 2025 annual accountsResult
€14,948 €14,948
Back in profit in 2025, after a loss of €57,524 in 2024.
Turnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€64,417 138% of the balance sheet
At the same address
24 companies
Position in the sector
-37.5%
Lower solvency than 93% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
2025 accounts filed 28 days after the deadline
Checked score
52
Fair
Financially stronger than 56% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 2.7%
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 2.7%● unchanged vs 11-2025
01-2026: 2.6%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 2.7%▲ +0.1 percentage points vs 01-2026
03-2026: 2.6%▼ -0.1 percentage points vs 02-2026
04-2026: 2.8%▲ +0.2 percentage points vs 03-2026
05-2026: 2.8%● unchanged vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 3.5%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 2.6%▼ -0.9 percentage points vs 08-2026
10-2026: 2.7%▲ +0.1 percentage points vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Negative equity -€17,576
lowers risk
Liquidity: current ratio 0.73, cash €24,112
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 3% of them on solvency, 51% on liquidity, 91% on profitability and 78% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as ImmoFlex has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ImmoFlex itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,448 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 1,017 companies, not a prediction for ImmoFlex. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.73 (0.52 in 2024), below 1. Short-term debt is 137.5% and cash 51.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 6%
← weakest
strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
28 days late
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 29 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LENS Geert 125 sharesdeed of 09-09-2024
- MOORS Dominique 125 sharesdeed of 09-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013226465
Incorporation
Founding capital of €25,000, 250 shares · Founders: LENS Geert and MOORS Dominique · Appointments: LENS Geert (statutory director) and MOORS Dominique (statutory director) · published on 09-09-2024 · Gazette deed
First establishment
Karel Van Miertstraat 4, Kortenberg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ImmoFlex Kortenberg | €46,841 | €16,031 | -37.5% | - |
| PROAD-CREATIVE Drogenbos | €42,564 | €16,163 | 26.3% | - |
| DAS SOLUTIONS Sint-Genesius-Rode | €50,933 | €13,821 | 26.5% | - |
| LETO RENO Zaventem | €41,355 | €17,771 | 48.4% | - |
| LB Corp Machelen (Brab.) | €45,459 | €17,587 | 32.1% | - |
| RENOVATE PRO Sint-Pieters-Leeuw | €52,907 | €13,282 | 32.6% | - |
| VAN DAMME CONSTRUCT Liedekerke | €41,775 | €18,091 | 77.5% | - |
These companies have the same main activity as ImmoFlex: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €41,400 and €52,900, founded in 2024.
Official details
Source: KBO- Status
- Active since 05-09-2024Normal situation
- Registered office
- 25 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.365.128.1353070 Kortenberg, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-06-2025
Insights on ImmoFlex
The computed 12-month bankruptcy probability of ImmoFlex is 2.7% (moderate). The 2025 annual accounts show negative equity (-€17,576) and a net result of €14,948.
Its solvency ranks better than 6% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ImmoFlex
- What is the company number of ImmoFlex?
- The company number of ImmoFlex is 1013.226.465. The VAT number is the same number with BE in front: BE 1013.226.465.
- Where is ImmoFlex based?
- The registered office is at Karel Van Miertstraat 4, 3070 Kortenberg.Company details
- What does ImmoFlex do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ImmoFlex?
- ImmoFlex is a private limited company (BV).
- When was ImmoFlex founded?
- ImmoFlex was founded on 05-09-2024.
- Is ImmoFlex still active?
- Yes, ImmoFlex is an active enterprise in the KBO register.
- What is the turnover of ImmoFlex?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €16,031 and 263 comparable companies (NACE 41001). It probably lies between €100,000 and €350,000. It is a rough estimate.Financials
- Is ImmoFlex profitable?
- In financial year 2025, ImmoFlex made a profit of €14,948.
- Where can I find the annual accounts of ImmoFlex?
- ImmoFlex filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ImmoFlex due?
- ImmoFlex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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