IMMOMAPI
ActiveSummary
IMMOMAPI has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €323,206 and a net result of -€55,416. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 4814 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40▼-5
Solvency37▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.82 in 2023; short-term debt: 29.4% and cash: 0.3% of total assets), and 88.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : 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
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 · 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
11.7%
Return on assets
-2%
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
18192021222324
2018 to 2024 · latest year -€55,416
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
6 d late
2022
10 d late
2021
18 d late
2020
18 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after 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 (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€55,416▼ 118%
2023 · -€25,452
Working capital
€15,808
2023 · -€180,893
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€14,766-€28,759▼ 94.8%€69,748€26,590▼ 61.9%-€2,650
Net result-€36,246-€45,665▼ 26.0%€45,161-€25,452-€55,416▼ 118%
Equity€404,578▼ 8.2%€358,913▼ 11.3%€404,074▲ 12.6%€378,622▼ 6.3%€323,206▼ 14.6%
Total assets€2.6m▼ 5.5%€2.4m▼ 9.4%€2.7m▲ 14.0%€2.8m▲ 3.5%€2.8m▼ 1.1%
Debt€2.1m▼ 4.9%€1.9m▼ 9.3%€2.2m▲ 15.7%€2.3m▲ 5.9%€2.3m▲ 1.5%
Working capital€93,264▼ 23.5%€30,494▼ 67.3%-€51,826-€180,893▼ 249%€15,808
Staff (FTE)1.5▼ 6.3%2.4▲ 60.0%2.4=2.6▲ 8.3%2.9▲ 11.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2,650 after €26,590 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.9m ▼ 3.0%
Current assets
€828,081 ▲ 3.7%
Equity and liabilities €2.8m
Equity
€323,206 ▼ 14.6%
Provisions
€98,581 ▼ 7.9%
Debt
€2.3m ▲ 1.5%
Debt's share of the balance-sheet total rises from 82.6% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€171,660▼
2023 · €210,034
Cash flow
€118,893▼
2023 · €157,992
Current ratio
1.02▲
2023 · 0.82
Quick ratio
0.06▼
2023 · 0.07
Debt to equity
7.24▲
2023 · 6.09
ROE
-17.1%▼
2023 · -6.7%
ROA
-2.0%▼
2023 · -0.9%
Interest coverage
2.80▼
2023 · 3.25
Debt ≤ 1 year
€812,273▼
2023 · €979,125
Debt > 1 year
€1.5m▲
2023 · €1.3m
Staff costs
€161,112▲
2023 · €145,798
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,448 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €114,903 | €128,413 | €145,798 | €161,112 | ▲ 10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €181,741 | €157,369 | €177,471 | €183,444 | €174,309 | ▼ 5.0% |
| Other operating charges640/8 | - | €27,804 | €33,009 | €44,653 | €41,673 | ▼ 6.7% |
| Gross operating margin9900 | €266,921 | €271,317 | €408,640 | €400,484 | €374,444 | ▼ 6.5% |
| Operating profit (loss)9901 | -€14,766 | -€28,759 | €69,748 | €26,590 | -€2,650 | ▼ 110% |
| Financial income75/76B | - | €257 | €310 | €107 | €41 | ▼ 62.0% |
| Recurring financial income75 | €232 | €257 | €310 | €107 | €41 | ▼ 62.0% |
| Financial charges65/66B | - | €25,849 | €29,765 | €64,588 | €61,314 | ▼ 5.1% |
| Recurring financial charges65 | €31,290 | €25,849 | €29,765 | €64,588 | €61,314 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | -€45,823 | -€54,350 | €40,292 | -€37,891 | -€63,922 | ▼ 68.7% |
| Transfer from deferred taxes780 | - | €8,686 | €8,686 | €8,622 | €8,506 | ▼ 1.3% |
| Income taxes67/77 | - | - | €3,817 | -€3,817 | - | - |
| Profit (loss) for the period9904 | -€36,246 | -€45,665 | €45,161 | -€25,452 | -€55,416 | ▼ 118% |
| Transfer from tax-exempt reserves789 | - | €26,088 | €26,088 | €25,899 | €25,549 | ▼ 1.3% |
| Profit (loss) for the period to be appropriated9905 | -€7,478 | -€19,577 | €71,249 | €447 | -€29,867 | ▼ 6,789% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.4m | €2.7m | €2.8m | €2.8m | ▼ 1.1% |
| Fixed assets21/28 | €1.8m | €1.7m | €2.0m | €2.0m | €1.9m | ▼ 3.0% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €2.0m | €2.0m | €1.9m | ▼ 3.0% |
| Land and buildings22 | - | €1.6m | €2.0m | €2.0m | €1.9m | ▼ 3.5% |
| Plant, machinery and equipment23 | - | €3,361 | €1,908 | €5,315 | €12,203 | ▲ 130% |
| Furniture and vehicles24 | - | €37,850 | €24,865 | €16,310 | €19,338 | ▲ 18.6% |
| Financial fixed assets28 | €746 | €746 | €746 | €746 | €746 | = |
| Current assets29/58 | €838,340 | €699,170 | €706,502 | €798,233 | €828,081 | ▲ 3.7% |
| Stocks and contracts in progress3 | €532,344 | €541,483 | €431,001 | €734,174 | €782,750 | ▲ 6.6% |
| Stocks30/36 | - | €541,483 | €431,001 | €734,174 | €782,750 | ▲ 6.6% |
| Amounts receivable within one year40/41 | €116,116 | €24,509 | €53,840 | €26,427 | €28,558 | ▲ 8.1% |
| Trade receivables40 | - | - | €22,695 | €21,878 | €28,058 | ▲ 28.2% |
| Other amounts receivable41 | - | €24,509 | €31,145 | €4,549 | €500 | ▼ 89.0% |
| Cash at bank and in hand54/58 | €53,521 | €14,604 | €87,568 | €28,738 | €7,067 | ▼ 75.4% |
| Deferred charges and accrued income490/1 | - | €118,574 | €134,093 | €8,894 | €9,706 | ▲ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.4m | €2.7m | €2.8m | €2.8m | ▼ 1.1% |
| Equity10/15 | €404,578 | €358,913 | €404,074 | €378,622 | €323,206 | ▼ 14.6% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Capital10 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Issued capital100 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €401,589 | €375,500 | €349,412 | €323,514 | €297,965 | ▼ 7.9% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Legal reserve130 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Tax-exempt reserves132 | - | €373,645 | €347,557 | €321,659 | €296,110 | ▼ 7.9% |
| Profit (loss) carried forward14 | -€15,561 | -€35,138 | €36,112 | €36,558 | €6,691 | ▼ 81.7% |
| Provisions and deferred taxes16 | €133,081 | €124,395 | €115,710 | €107,087 | €98,581 | ▼ 7.9% |
| Deferred taxes168 | - | €124,395 | €115,710 | €107,087 | €98,581 | ▼ 7.9% |
| Amounts payable17/49 | €2.1m | €1.9m | €2.2m | €2.3m | €2.3m | ▲ 1.5% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €1.3m | €1.3m | €1.5m | ▲ 17.2% |
| Financial debts170/4 | - | €1.1m | €1.3m | €1.3m | €1.5m | ▲ 17.2% |
| Amounts payable within one year42/48 | €745,076 | €668,675 | €758,328 | €979,125 | €812,273 | ▼ 17.0% |
| Current portion of amounts payable after more than one year42 | - | €96,721 | €117,945 | €115,076 | €153,176 | ▲ 33.1% |
| Financial debts43 | - | €325,000 | €370,000 | €125,000 | €100,000 | ▼ 20.0% |
| Credit institutions430/8 | - | €325,000 | €370,000 | €125,000 | €100,000 | ▼ 20.0% |
| Trade debts44 | €126,000 | €69,188 | €63,236 | €121,282 | €96,585 | ▼ 20.4% |
| Suppliers440/4 | - | €69,188 | €63,236 | €121,282 | €96,585 | ▼ 20.4% |
| Taxes, remuneration and social security45 | - | €811 | €11,413 | €2,151 | €4,304 | ▲ 100% |
| Taxes450/3 | - | €232 | €8,886 | €273 | €8 | ▼ 97.2% |
| Remuneration and social security454/9 | - | €579 | €2,528 | €1,879 | €4,297 | ▲ 129% |
| Other amounts payable47/48 | - | €176,955 | €195,733 | €615,616 | €458,208 | ▼ 25.6% |
| Accrued charges and deferred income492/3 | - | €90,000 | €93,347 | €54,188 | €36,000 | ▼ 33.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€36,246 | -€45,665 | €45,161 | -€25,452 | -€55,416 | ▼ 118% |
| + Depreciation and write-downs630 | €181,741 | €157,369 | €177,471 | €183,444 | €174,309 | ▼ 5.0% |
| Operating cash flow (approximation) | €145,495 | €111,705 | €222,632 | €157,992 | €118,893 | ▼ 24.7% |
| Investment in fixed assets (approximation) | - | -€50,132 | -€502,013 | -€185,695 | -€114,464 | ▲ 38.4% |
| Change in cash | - | -€38,917 | €72,964 | -€58,830 | -€21,671 | ▲ 63.2% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
31-12
Financial
Weakest financial yearnet -€55,416
Net result drops to -€55,416, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 6 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
31-12
Financial
Back to profitnet €45,161
Net result €45,161 after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
31-12
Financial
Back to profitnet €289,103
Net result €289,103 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €440,823 ▲191%
Equity rises from €151,720 to €440,823.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
06-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Ferrières · 1 establishment unit since 1995
Ground area
250 m²
Building footprint
266 m²
Volume, LiDAR
2,148 m³
Parcel 61313B0216/00V000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Route des Fagnes 22, 4190 Ferrières
since 19952.072.726.187
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61313B0216/00V000 | Wallonia | 250 m² | 1 · 266 m² | 11.1 m · 3 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.
Similar companies · same sector, comparable size
PIGNOSS CERTUS
BE 0441.039.697
Vilvoorde · Eq €323,359
#SustainableHub
BE 0805.083.766
Brussel · Eq €323,647
CHAMIDES
BE 0600.882.336
Seraing · Eq €322,661
BOULEAUX
BE 0413.834.662
Sprimont · Eq €323,905
DREAMY WORK
BE 0754.925.759
Waterloo · Eq €324,137
Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 4,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-07-1995
Fiscal year end31-12
Activities, NACEBEL 2025
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
68110Buying and selling of own real estate
Contact
Website
www.studiocity.beFerrières
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455625430
Also
9925:BE0455625430
Registered
20-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.