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IMMOLA

Active
Public limited companyfounded 198937 yrs activede Merodelei 81, 2300 Turnhout, BelgiumKBO/BCE: BE 0438.500.970
Summary

IMMOLA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426,277 and a net result of -€34,569. Equity is shrinking by ~4.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
Activity not known1 site
How big
€1.2mtotal assets 2025
Equity
€426,277
Loss
-€34,569
Turnover not published (abridged schema)
Financially healthy?
63 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Who decides
Accounts 19 d early0 of 5 deeds read
Why 63- No NACE activity registered- Annual accounts: weaker financial profile- Persistent losses+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability21▼-2
Solvency60▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
short-term debt: 19.3% of total assets, and 65% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
35%
Return on assets
-2.8%
Age of the figures
15 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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€34,569
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
50 d early
2023
65 d early
2022
64 d early
2021
63 d early
2020
67 d early
2019
53 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 54 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2025Total assets €1.2mLoss -€34,569Solvency 35.0%
Total assets
€1.2m▼ 2.1%
2019 - 2025
Net result
-€34,569▼ 8.5%
2019 - 2025
Equity
€426,277▼ 7.5%
2019 - 2025
Solvency
35.0%▼ 2.0pp
2019 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.02m▲ 44.8%-€0.03m▼ 21.3%-€0.03m▼ 19.5%-€0.02m▲ 30.7%-€0.03m▼ 21.0%
Net result-€0.04m€0.01m-€0.04m-€0.03m▲ 25.5%-€0.03m▼ 8.5%
Equity€0.5m▼ 6.8%€0.5m▲ 2.6%€0.5m▼ 8.0%€0.5m▼ 6.5%€0.4m▼ 7.5%
Total assets€1.3m▼ 2.2%€1.3m▼ 1.5%€1.3m▼ 2.2%€1.2m▼ 2.9%€1.2m▼ 2.1%
Debt€0.6m▲ 2.8%€0.6m▲ 3.6%€0.7m▲ 3.2%€0.7m▲ 0.2%€0.7m▲ 2.3%
Working capital-€0.1m▼ 12.9%-€0.1m▲ 1.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€21,775-€21,775Net result 2021: -€38,085-€38,085Operating result 2022: -€26,419-€26,419Net result 2022: €13,453€13,453Operating result 2023: -€31,560-€31,560Net result 2023: -€42,759-€42,759Operating result 2024: -€21,862-€21,862Net result 2024: -€31,863-€31,863Operating result 2025: -€26,445-€26,445Net result 2025: -€34,569-€34,56920212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€31,560-€31,600Net result 2023: -€42,759-€42,800Operating result 2024: -€21,862-€21,900Net result 2024: -€31,863-€31,900Operating result 2025: -€26,445-€26,400Net result 2025: -€34,569-€34,600202320242025
The operating result stays negative: a loss of €26,445 in 2025 against €21,862 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.2m
Equity €426,277 ▼ 7.5%
Provisions €114,797 ▼ 5.5%
Debt €677,168 ▲ 2.3%
Debt's share of the balance-sheet total rises from 53.2% to 55.6%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,395▼
2024 · €15,591
Cash flow
€3,271▼
2024 · €5,590
Debt to equity
1.59▲
2024 · 1.44
ROE
-8.1%▼
2024 · -6.9%
ROA
-2.8%▼
2024 · -2.6%
Interest coverage
0.71▼
2024 · 0.93
Debt ≤ 1 year
€235,430▲
2024 · €117,936
Debt > 1 year
€441,738▲
2024 · €391,469
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,612 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▼
Fixed assets21/28€1.2m€1.2m▼
Tangible fixed assets22/27€1.2m€1.2m▼
Land and buildings22€1.2m€1.2m▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▼
Equity10/15€0.5m€0.4m▼
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Outside capital11€100€100=
Share premium1100/10€100€100=
Reserves13€0.4m€0.4m▼
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Tax-exempt reserves132€0.4m€0.3m▼
Distributable reserves133€0.03m€0.01m▼
Provisions and deferred taxes16€0.1m€0.1m▼
Deferred taxes168€0.1m€0.1m▼
Amounts payable17/49€0.7m€0.7m▲
Amounts payable after more than one year17€0.4m€0.4m▲
Financial debts170/4€0.4m€0.4m▲
Amounts payable within one year42/48€0.1m€0.2m▲
Current portion of amounts payable after more than one year42€0.02m€0.06m▲
Financial debts43€0.04m€0.001m▼
Credit institutions430/8€0.04m€0.001m▼
Trade debts44€0.002m€0.01m▲
Suppliers440/4€0.002m€0.01m▲
Other amounts payable47/48€0.06m€0.2m▲
Accrued charges and deferred income492/3€0.2m-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Other operating charges640/8€0.007m€0.009m▲
Gross operating margin9900€0.02m€0.02m▼
Operating profit (loss)9901-€0.02m-€0.03m▼
Financial income75/76B-€0.001m
Recurring financial income75-€0.001m
Non-recurring financial income76B-€0.001m
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903-€0.04m-€0.04m▼
Transfer from deferred taxes780€0.007m€0.007m=
Profit (loss) for the period9904-€0.03m-€0.03m▼
Transfer from tax-exempt reserves789€0.02m€0.02m=
Profit (loss) for the period to be appropriated9905-€0.01m-€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.01m-€0.01m▼
Transfer from equity791/2€0.01m€0.01m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,846€36,263€37,454€37,453€37,840▲ 1.0%
Other operating charges640/8-€7,180€8,536€7,024€8,905▲ 26.8%
Gross operating margin9900€18,328€17,024€14,430€22,615€20,300▼ 10.2%
Operating profit (loss)9901-€21,775-€26,419-€31,560-€21,862-€26,445▼ 21.0%
Financial income75/76B-€12--€1,210-
Recurring financial income75€40€12--€1,210-
Non-recurring financial income76B----€1,210-
Financial charges65/66B-€15,869€17,669€16,711€16,044▼ 4.0%
Recurring financial charges65€25,015€15,869€17,669€16,711€16,044▼ 4.0%
Profit (loss) for the period before taxes9903-€46,750-€42,276-€49,229-€38,573-€41,279▼ 7.0%
Transfer from deferred taxes780-€55,762€6,470€6,710€6,710=
Income taxes67/77€132€33----
Profit (loss) for the period9904-€38,085€13,453-€42,759-€31,863-€34,569▼ 8.5%
Transfer from tax-exempt reserves789-€19,410€19,410€20,130€20,130=
Transfer to tax-exempt reserves689-€49,292----
Profit (loss) for the period to be appropriated9905-€21,001-€16,429-€23,349-€11,733-€14,439▼ 23.1%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€1.3m€1.3m€1.2m€1.2m▼ 2.1%
Fixed assets21/28€1.3m€1.3m€1.3m€1.2m€1.2m▼ 2.1%
Tangible fixed assets22/27€1.3m€1.3m€1.3m€1.2m€1.2m▼ 2.1%
Land and buildings22-€1.3m€1.3m€1.2m€1.2m▼ 2.1%
Current assets29/58€0.001m€0.001m----
Deferred charges and accrued income490/1-€0.001m----
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€1.3m€1.2m€1.2m▼ 2.1%
Equity10/15€0.5m€0.5m€0.5m€0.5m€0.4m▼ 7.5%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10-€0.06m€0.06m€0.06m€0.06m=
Issued capital100-€0.06m€0.06m€0.06m€0.06m=
Outside capital11-€100€100€100€100=
Share premium1100/10-€100€100€100€100=
Reserves13€0.4m€0.5m€0.4m€0.4m€0.4m▼ 8.7%
Non-distributable reserves130/1-€0.006m€0.006m€0.006m€0.006m=
Legal reserve130-€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132-€0.4m€0.4m€0.4m€0.3m▼ 5.5%
Distributable reserves133-€0.06m€0.04m€0.03m€0.01m▼ 51.5%
Profit (loss) carried forward14€0.02m€0.001m----
Provisions and deferred taxes16€0.2m€0.1m€0.1m€0.1m€0.1m▼ 5.5%
Deferred taxes168-€0.1m€0.1m€0.1m€0.1m▼ 5.5%
Amounts payable17/49€0.6m€0.6m€0.7m€0.7m€0.7m▲ 2.3%
Amounts payable after more than one year17€0.4m€0.4m€0.4m€0.4m€0.4m▲ 12.8%
Financial debts170/4-€0.4m€0.4m€0.4m€0.4m▲ 12.8%
Amounts payable within one year42/48€0.2m€0.1m€0.1m€0.1m€0.2m▲ 99.6%
Current portion of amounts payable after more than one year42---€0.02m€0.06m▲ 260%
Financial debts43-€0.06m€0.04m€0.04m€0.001m▼ 97.1%
Credit institutions430/8-€0.06m€0.04m€0.04m€0.001m▼ 97.1%
Trade debts44€0.002m-€456€0.002m€0.01m▲ 339%
Suppliers440/4--€456€0.002m€0.01m▲ 339%
Taxes, remuneration and social security45-€0.04m€0.04m---
Taxes450/3-€0.04m€0.04m---
Other amounts payable47/48-€0.05m€0.04m€0.06m€0.2m▲ 177%
Accrued charges and deferred income492/3-€0.09m€0.1m€0.2m--
Line20212022202320242025Change
Profit (loss) for the period9904-€38,085€13,453-€42,759-€31,863-€34,569▼ 8.5%
+ Depreciation and write-downs630€35,846€36,263€37,454€37,453€37,840▲ 1.0%
Operating cash flow (approximation)-€2,239€49,716-€5,305€5,590€3,271▼ 41.5%
Investment in fixed assets (approximation)--€16,369-€9,654€0-€11,474-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

13 eventsLatest 12-01-2026Next filing 31-01-2027

History

On 29 September 1989, IMMOLA was incorporated.1 Total assets went from €1.4m in 2019 to €1.2m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
12-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Weakest financial yearnet -€42,759
Net result drops to -€42,759, the lowest in the series; recovery starts the following year.
2022
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Back to profitnet €13,453
Net result €13,453 after one loss-making year.
2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
25-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €49,120
Net result €49,120 after one loss-making year.
2019
09-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
23-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
22-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
25-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Public limited company · founded 29-09-1989Year ends 30-06Peppol not found1 site

Register details

Identification
Legal formPublic limited company
Founded29-09-1989
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
990 m²
Building footprint
630 m²
Volume, LiDAR
9,630 m³
Parcel 13453O0440/00C000, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
IMMOLA
de Merodelei 81, 2300 TurnhoutNACE 70201
since 1989unit no. 2.045.557.774
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13453O0440/00C000 Flanders 990 m² 1 · 630 m² 25.3 m · 7 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.

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