Immolocation
ActiveSummary
Immolocation has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €58k and a net result of €-32k. Equity is shrinking by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency66▼-23
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
short-term debt: 57.5% of total assets, and 58.7% of the assets are financed with debt.
Credit check 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 · 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 · 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
41.3%
Return on assets
-22.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
181921222324
2018 to 2024 · latest year €-32k
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
66 d late
2022
31 d late
2021
30 d late
2020
61 d late
2019
444 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k▼ 35.3%
2023 · €90k
2018: €17klowest in 7 years
2019: €137k▲ +687% vs 2018highest in 7 years
2020: €137k● 0.0% vs 2019highest in 7 years
2021: €129k▼ -6.3% vs 2020
2022: €119k▼ -7.3% vs 2021
2023: €90k▼ -24.5% vs 2022
2024: €58k▼ -35.3% vs 2023
2018 → 2024
Total assets
€141k=
2023 · €141k
2018: €27klowest in 7 years
2019: €141k▲ +431% vs 2018highest in 7 years
2020: €141k● 0.0% vs 2019highest in 7 years
2021: €141k● 0.0% vs 2020highest in 7 years
2022: €141k● 0.0% vs 2021highest in 7 years
2023: €141k● 0.0% vs 2022highest in 7 years
2024: €141k● 0.0% vs 2023highest in 7 years
2018 → 2024
Net result
€-32k▼ 9.1%
2023 · €-29k
2018: €-926
2019: €-718▲ +22.4% vs 2018highest value
2021: €-9k
2022: €-9k▼ -9.6% vs 2021
2023: €-29k▼ -209% vs 2022
2024: €-32k▼ -9.1% vs 2023lowest value
2018 → 2024
Working capital
Not included in this filing
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€137k-€129k▼ 6.3%€119k▼ 7.3%€90k▼ 24.5%€58k▼ 35.3%
2020: €137khighest in 5 years
2021: €129k▼ -6.3% vs 2020
2022: €119k▼ -7.3% vs 2021
2023: €90k▼ -24.5% vs 2022
2024: €58k▼ -35.3% vs 2023lowest in 5 years
Operating result€-9k€-9k▼ 9.6%€-29k▼ 209%€-32k▼ 9.1%
2021: €-9khighest in 4 years
2022: €-9k▼ -9.6% vs 2021
2023: €-29k▼ -209% vs 2022
2024: €-32k▼ -9.1% vs 2023lowest in 4 years
Net result€-9k€-9k▼ 9.6%€-29k▼ 209%€-32k▼ 9.1%
2021: €-9khighest in 4 years
2022: €-9k▼ -9.6% vs 2021
2023: €-29k▼ -209% vs 2022
2024: €-32k▼ -9.1% vs 2023lowest in 4 years
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 €32k in 2024 against €29k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €141k
Equity
€58k ▼ 35.3%
Debt
€83k ▲ 62.4%
Debt's share of the balance-sheet total rises from 36.2% to 58.7%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.42▲
2023 · 0.57
ROE
-54.7%▼
2023 · -32.4%
ROA
-22.6%▼
2023 · -20.7%
Debt ≤ 1 year
€81k▲
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet
Code20232024
Assets
Total assets20/58€141k€141k=
Formation expenses20€10k€10k=
Fixed assets21/28€131k€131k=
Tangible fixed assets22/27€128k€128k=
Land and buildings22€128k€128k=
Financial fixed assets28€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€141k€141k=
Equity10/15€90k€58k▼
Contributions10/11€68k€68k=
Revaluation surpluses12€120k€120k=
Reserves13€217€217=
Non-distributable reserves130/1€217€217=
Reserves not available under the articles1311€217€217=
Profit (loss) carried forward14€-99k€-131k▼
Amounts payable17/49€51k€83k▲
Amounts payable within one year42/48€51k€81k▲
Trade debts44€14k€0▼
Suppliers440/4€14k€0▼
Other amounts payable47/48€37k€81k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Other operating charges640/8€13k€18k▲
Gross operating margin9900€-16k€-14k▲
Operating profit (loss)9901€-29k€-32k▼
Profit (loss) for the period before taxes9903€-29k€-32k▼
Profit (loss) for the period9904€-29k€-32k▼
Profit (loss) for the period to be appropriated9905€-29k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-99k€-131k▼
Profit (loss) brought forward from the previous period14P€-70k€-99k▼
Transfer from equity791/2€661€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €2k | €4k | €13k | €18k | ▲ 34.5% |
| Gross operating margin9900 | - | €-7k | €-6k | €-16k | €-14k | ▲ 11.6% |
| Operating profit (loss)9901 | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Profit (loss) for the period before taxes9903 | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Profit (loss) for the period9904 | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Profit (loss) for the period to be appropriated9905 | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €141k | €141k | €141k | €141k | €141k | = |
| Formation expenses20 | €10k | €10k | €10k | €10k | €10k | = |
| Fixed assets21/28 | €131k | €131k | €131k | €131k | €131k | = |
| Tangible fixed assets22/27 | €128k | €128k | €128k | €128k | €128k | = |
| Land and buildings22 | - | €128k | €128k | €128k | €128k | = |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €141k | €141k | €141k | €141k | €141k | = |
| Equity10/15 | €137k | €129k | €119k | €90k | €58k | ▼ 35.3% |
| Contributions10/11 | - | €68k | €68k | €68k | €68k | = |
| Revaluation surpluses12 | - | €120k | €120k | €120k | €120k | = |
| Reserves13 | €878 | €878 | €878 | €217 | €217 | = |
| Non-distributable reserves130/1 | - | €217 | €217 | €217 | €217 | = |
| Reserves not available under the articles1311 | - | €217 | €217 | €217 | €217 | = |
| Distributable reserves133 | - | €661 | €661 | - | - | - |
| Profit (loss) carried forward14 | €-52k | €-61k | €-70k | €-99k | €-131k | ▼ 32.2% |
| Amounts payable17/49 | €4k | €12k | €22k | €51k | €83k | ▲ 62.4% |
| Amounts payable within one year42/48 | €4k | €12k | €22k | €51k | €81k | ▲ 59.0% |
| Financial debts43 | - | €47 | €47 | - | - | - |
| Credit institutions430/8 | - | €47 | €47 | - | - | - |
| Trade debts44 | - | - | €998 | €14k | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €998 | €14k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €12k | €21k | €37k | €81k | ▲ 119% |
| Accrued charges and deferred income492/3 | - | - | €102 | - | €2k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Operating cash flow (approximation) | - | €-9k | €-9k | €-29k | €-32k | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
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
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 444 days late
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 810 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2019
31-12
Financial
Equity above €100kEq €137k ▲687%
Equity rises from €17k to €137k.
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1962
Ground area
618 m²
Building footprint
528 m²
Volume, LiDAR
10,563 m³
2 parcels, Flanders · tallest building 27.3 m, ±8 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
IMMOLOCATION
since 19622.010.061.813
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1234/00F010 | Flanders | 422 m² | 1 · 380 m² | 27.3 m · 8 fl. |
| 11810K1554/00S005 | Flanders | 197 m² | 1 · 147 m² | 21.6 m · 5 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.