Immofusion
ActiveImmofusion has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €335k and a net result of €-63k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-74
Solvency81▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.1 in 2023; short-term debt: 44% and cash: 0.1% of total assets), and 44% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
Sector 68
lower
← 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
56%
Return on assets
-10.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2024
56 d late
2023
4 d early
2022
4 d early
2021
3 d late
2020
30 d late
2019
5 d late
2018
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€733k
EBIT margin
1.6%
Net result
€-63k
2023 · €64k
2019: €4k
2020: €73k
2021: €177k
2022: €146k
2023: €64k
2019 → 2024
Working capital
€267k▼ 18.2%
2023 · €326k
2019: €28k
2020: €89k
2021: €238k
2022: €314k
2023: €326k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€94k-€271k▲ 187%€385k▲ 42.0%€398k▲ 3.6%€335k▼ 15.9%
Operating result€124k-€252k▲ 103%€201k▼ 20.2%€92k▼ 54.1%€-54k
Net result€73k-€177k▲ 141%€146k▼ 17.1%€64k▼ 56.4%€-63k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €54k after €92k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €599k
Fixed assets
€68k▼ 5.6%
Current assets
€530k▼ 14.8%
Equity and liabilities €599k
Equity
€335k▼ 15.9%
Debt
€264k▼ 11.1%
The debt ratio rises from 42.7% to 44.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2023 · €104k
Cash flow
€-40k▼
2023 · €75k
Solvency
56.0%▼
2023 · 57.3%
Current ratio
2.01▼
2023 · 2.10
Quick ratio
2.01▼
2023 · 2.10
Debt / equity
0.79▲
2023 · 0.74
ROE
-18.9%▼
2023 · 16.0%
ROA
-10.6%▼
2023 · 9.2%
Interest coverage
-3.44▼
2023 · 32.14
Debt
€264k▼
2023 · €297k
Debt ≤ 1 year
€264k▼
2023 · €297k
Income taxes
€983▼
2023 · €26k
Staff costs
€787k▲
2023 · €467k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€695k€599k▼
Fixed assets21/28€72k€68k▼
Intangible fixed assets21€9k€10k▲
Tangible fixed assets22/27€63k€53k▼
Land and buildings22€31k€30k▼
Plant, machinery and equipment23€18k€16k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€990€128▼
Financial fixed assets28-€5k
Current assets29/58€623k€530k▼
Amounts receivable within one year40/41€475k€526k▲
Trade receivables40€32k€77k▲
Other amounts receivable41€444k€449k▲
Cash at bank and in hand54/58€144k€352▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€695k€599k▼
Equity10/15€398k€335k▼
Contributions10/11€12k€12k=
Capital10€12k-
Issued capital100€19k-
Uncalled capital101€6k-
Reserves13€386k€323k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€384k€321k▼
Amounts payable17/49€297k€264k▼
Amounts payable within one year42/48€297k€264k▼
Financial debts43€16k€29k▲
Credit institutions430/8€16k€29k▲
Trade debts44€33k€116k▲
Suppliers440/4€33k€116k▲
Taxes, remuneration and social security45€121k€118k▼
Taxes450/3€45k€44k▼
Remuneration and social security454/9€76k€74k▼
Other amounts payable47/48€127k-
Income statement
Code20232024
Remuneration, social security and pensions62€467k€787k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€24k▲
Other operating charges640/8€22k€28k▲
Gross operating margin9900€592k€785k▲
Operating profit (loss)9901€92k€-54k▼
Financial income75/76B€1k€42▼
Recurring financial income75€1k€42▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€90k€-62k▼
Income taxes67/77€26k€983▼
Profit (loss) for the period9904€64k€-63k▼
Profit (loss) for the period to be appropriated9905€64k€-63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€-63k▼
Transfer from equity791/2-€63k
Transfer to equity691/2€14k-
To other reserves6921€14k-
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
Social balance
Average headcount (FTE)90877.77.3▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €-63k ▼199%
Net result drops to €-63k, the lowest in the series.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
31-03
Financial
Highest result since 2019net €177k ▲141%
Operating result €252k, net result €177k, both a record.
31-03
Financial
Equity above €200kEq €271k ▲187%
3 profitable years in a row build equity to €271k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-06-2025
Richard Schepers: Resigned as Director
12-12-2023
VRIJENS SABRIENA: Resigned as Manager
Location & real-estate footprint
Registered office, Heusden-Zolder · 2 establishment units since 2015
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.
Meylandtlaan 1153550 Heusden-ZolderGround area
2,186 m²
Building footprint
573 m²
Volume, LiDAR
879 m³
2 parcels, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
IMMOFUSION
since 20152.243.689.875
Meylandtlaan 115, 3550 Heusden-Zolder
since 20212.317.892.895
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0219/00A002 | Flanders | 1,171 m² | 1 · 399 m² | 1.3 m |
| 71502B0077/00L000 | Flanders | 1,015 m² | 1 · 174 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,927 EUR awarded · 3,799 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,327 EUR | 3,199 EUR |
| 2023 | 1 | 600 EUR | 600 EUR |
Schemes
Subsidies ter ondersteuning van de professionele integratie van personen met een arbeidsbeperking
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 4,896 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2015
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
23630Manufacture of other non-metallic mineral products
42219Civil engineering
42990Civil engineering
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesBusiness parks
2 parksOffers a parcel on business park:Beringen-Zuid
Offers a parcel on business park:De Schacht