IMMOGROT
ActiveSummary
IMMOGROT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €676,153 and a net result of -€39,338. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▲+2
Solvency77▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.3 in 2024; short-term debt: 34% and cash: 7.4% of total assets), and 47.8% of the assets are financed with debt.
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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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 · 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 -€39,338
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
31 d early
2023
16 d early
2022
on the day
2021
2 d late
2020
37 d early
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 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 (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. Usually files around 16 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€676,153▼ 5.5%
2024 · €715,491
Total assets
€1.3m▼ 1.8%
2024 · €1.3m
Net result
-€39,338▲ 11.7%
2024 · -€44,553
Working capital
-€283,050▲ 9.3%
2024 · -€312,137
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€29,547▲ 33.7%-€76,634▼ 159%-€10,913▲ 85.8%-€26,741▼ 145%-€21,159▲ 20.9%
Net result-€43,729below the sector's middle half▲ 25.7%-€94,838below the sector's middle half▼ 117%-€28,928below the sector's middle half▲ 69.5%-€44,553below the sector's middle half▼ 54.0%-€39,338below the sector's middle half▲ 11.7%
Equity€883,811above the sector's middle half▼ 4.7%€788,973above the sector's middle half▼ 10.7%€760,045above the sector's middle half▼ 3.7%€715,491above the sector's middle half▼ 5.9%€676,153above the sector's middle half▼ 5.5%
Total assets€1.4mabove the sector's middle half▼ 3.5%€1.4mabove the sector's middle half▼ 5.6%€1.3mabove the sector's middle half▼ 0.9%€1.3mabove the sector's middle half▼ 2.0%€1.3mabove the sector's middle half▼ 1.8%
Debt€534,531▼ 1.5%€549,426▲ 2.8%€567,265▲ 3.2%€586,518▲ 3.4%€602,851▲ 2.8%
Working capital-€30,618within the sector's middle half-€354,106below the sector's middle half▼ 1,057%-€328,012below the sector's middle half▲ 7.4%-€312,137below the sector's middle half▲ 4.8%-€283,050below the sector's middle half▲ 9.3%
Solvency61.4%within the sector's middle half▼ 0.8pp58.1%within the sector's middle half▼ 3.3pp56.4%within the sector's middle half▼ 1.6pp54.2%within the sector's middle half▼ 2.2pp52.2%within the sector's middle half▼ 2.0pp
Current ratio0.93within the sector's middle half▼ 0.080.20below the sector's middle half▼ 0.730.26below the sector's middle half▲ 0.060.30below the sector's middle half▲ 0.040.36below the sector's middle half▲ 0.06
Return on assets (ROA)-3.0%below the sector's middle half▲ 0.9pp-7.0%below the sector's middle half▼ 3.9pp-2.1%within the sector's middle half▲ 4.8pp-3.4%below the sector's middle half▼ 1.2pp-3.0%below the sector's middle half▲ 0.3pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,159 in 2025 against €26,741 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▼ 4.3%
Current assets
€158,198 ▲ 20.9%
Equity and liabilities €1.3m
Equity
€676,153 ▼ 5.5%
Provisions
€17,422 ▼ 5.7%
Debt
€602,851 ▲ 2.8%
Debt's share of the balance-sheet total rises from 44.4% to 46.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,254▲
2024 · €26,222
Cash flow
€12,075▲
2024 · €8,410
Quick ratio
0.22▲
2024 · 0.16
Debt to equity
0.89▲
2024 · 0.82
ROE
-5.8%▲
2024 · -6.2%
Interest coverage
1.66▲
2024 · 1.44
Debt ≤ 1 year
€441,248▼
2024 · €442,984
Debt > 1 year
€72,000=
2024 · €72,000
Income taxes
€1,038▲
2024 · €861
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.6%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 2,687 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,093 | €44,893 | €53,160 | €52,963 | €51,413 | ▼ 2.9% |
| Other operating charges640/8 | €6,321 | €43,632 | €11,610 | €2,553 | €2,689 | ▲ 5.3% |
| Non-recurring operating charges66A | - | €28,450 | - | €11,789 | - | - |
| Gross operating margin9900 | €20,867 | €40,341 | €53,857 | €40,564 | €32,943 | ▼ 18.8% |
| Operating profit (loss)9901 | -€29,547 | -€76,634 | -€10,913 | -€26,741 | -€21,159 | ▲ 20.9% |
| Financial income75/76B | - | - | €5 | €191 | €1 | ▼ 99.5% |
| Recurring financial income75 | - | - | €5 | €191 | €1 | ▼ 99.5% |
| Financial charges65/66B | €14,239 | €18,379 | €18,199 | €18,199 | €18,199 | = |
| Recurring financial charges65 | €14,239 | €18,379 | €18,199 | €18,199 | €18,199 | = |
| Profit (loss) for the period before taxes9903 | -€43,786 | -€95,013 | -€29,107 | -€44,749 | -€39,357 | ▲ 12.0% |
| Transfer from deferred taxes780 | €980 | €1,043 | €1,057 | €1,057 | €1,057 | = |
| Income taxes67/77 | €923 | €868 | €878 | €861 | €1,038 | ▲ 20.6% |
| Profit (loss) for the period9904 | -€43,729 | -€94,838 | -€28,928 | -€44,553 | -€39,338 | ▲ 11.7% |
| Transfer from tax-exempt reserves789 | €2,941 | €3,129 | €3,171 | €3,171 | €3,171 | = |
| Profit (loss) for the period to be appropriated9905 | -€40,788 | -€91,709 | -€25,757 | -€41,382 | -€36,167 | ▲ 12.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 1.8% |
| Fixed assets21/28 | €1.0m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 4.3% |
| Tangible fixed assets22/27 | €1.0m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 4.3% |
| Land and buildings22 | €936,009 | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 3.1% |
| Plant, machinery and equipment23 | €72,413 | €88,942 | €79,254 | €79,281 | €68,574 | ▼ 13.5% |
| Furniture and vehicles24 | €16,477 | €12,132 | €16,426 | €8,242 | €2,145 | ▼ 74.0% |
| Current assets29/58 | €415,080 | €86,586 | €114,441 | €130,847 | €158,198 | ▲ 20.9% |
| Stocks and contracts in progress3 | €60,162 | €60,162 | €60,162 | €60,162 | €60,162 | = |
| Stocks30/36 | €60,162 | €60,162 | €60,162 | €60,162 | €60,162 | = |
| Cash at bank and in hand54/58 | €353,416 | €26,424 | €52,588 | €68,969 | €96,259 | ▲ 39.6% |
| Deferred charges and accrued income490/1 | €1,502 | - | €1,691 | €1,716 | €1,777 | ▲ 3.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 1.8% |
| Equity10/15 | €883,811 | €788,973 | €760,045 | €715,491 | €676,153 | ▼ 5.5% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €74,909 | €71,780 | €58,609 | €55,437 | €52,266 | ▼ 5.7% |
| Non-distributable reserves130/1 | €10,000 | €10,000 | - | - | - | - |
| Reserves not available under the articles1311 | €10,000 | €10,000 | - | - | - | - |
| Tax-exempt reserves132 | €64,909 | €61,780 | €58,609 | €55,437 | €52,266 | ▼ 5.7% |
| Profit (loss) carried forward14 | -€614,098 | -€705,807 | -€731,564 | -€772,946 | -€809,113 | ▼ 4.7% |
| Provisions and deferred taxes16 | €21,637 | €20,593 | €19,536 | €18,479 | €17,422 | ▼ 5.7% |
| Deferred taxes168 | €21,637 | €20,593 | €19,536 | €18,479 | €17,422 | ▼ 5.7% |
| Amounts payable17/49 | €534,531 | €549,426 | €567,265 | €586,518 | €602,851 | ▲ 2.8% |
| Amounts payable after more than one year17 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Other amounts payable178/9 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Amounts payable within one year42/48 | €445,698 | €440,692 | €442,453 | €442,984 | €441,248 | ▼ 0.4% |
| Financial debts43 | €435,000 | €435,000 | €435,000 | €435,000 | €435,000 | = |
| Other loans439 | €435,000 | €435,000 | €435,000 | €435,000 | €435,000 | = |
| Trade debts44 | €8,372 | €3,548 | €3,846 | €3,122 | €3,020 | ▼ 3.3% |
| Suppliers440/4 | €8,372 | €3,548 | €3,846 | €3,122 | €3,020 | ▼ 3.3% |
| Taxes, remuneration and social security45 | €1,535 | €923 | €926 | €1,316 | €1,412 | ▲ 7.3% |
| Taxes450/3 | €1,535 | €923 | €926 | €1,316 | €1,412 | ▲ 7.3% |
| Other amounts payable47/48 | €791 | €1,221 | €2,681 | €3,546 | €1,816 | ▼ 48.8% |
| Accrued charges and deferred income492/3 | €16,833 | €36,734 | €52,812 | €71,534 | €89,603 | ▲ 25.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,729 | -€94,838 | -€28,928 | -€44,553 | -€39,338 | ▲ 11.7% |
| + Depreciation and write-downs630 | €44,093 | €44,893 | €53,160 | €52,963 | €51,413 | ▼ 2.9% |
| Operating cash flow (approximation) | €364 | -€49,945 | €24,232 | €8,410 | €12,075 | ▲ 43.6% |
| Investment in fixed assets (approximation) | - | -€292,400 | -€13,159 | -€10,199 | €0 | ▲ 100% |
| Change in cash | - | -€326,992 | €26,164 | €16,381 | €27,290 | ▲ 66.6% |
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
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€94,838
Net result drops to -€94,838, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €20,976 ▲69%
Operating result €58,352, net result €20,976, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 2009
Ground area
1,936 m²
Building footprint
286 m²
Volume, LiDAR
2,384 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Immogrot
since 20092.184.487.906
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0463/00B000 | Wallonia | 1,560 m² | 1 · 216 m² | 9.8 m · 3 fl. |
| 25742H0302/00_000 | Wallonia | 376 m² | 1 · 71 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in this sector we hold annual accounts for 7,393. 4,417 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
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
0208:0820252586
Also
9925:BE0820252586
Registered
30-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.