IMMOP
ActiveSummary
IMMOP has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €863k and a net result of €93k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+44
Solvency100▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 11.94 against 16.83 in 2023; short-term debt: 4.6% and cash: 2.6% of total assets), and 14% 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○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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86%
Return on assets
9.2%
Age of the figures
21 mo
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
31 d early
2021
51 d early
2020
31 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€19k▼ 96.6%
2021 · €552k
2018: €50k
2020: €60k
2021: €552k▲ +820% vs 2020highest value
2022: €19k▼ -96.6% vs 2021lowest value
2018 → 2022
EBIT margin
151.6%▲ 110.3pp
2021 · 41.3%
2018: -177.9%lowest value
2020: 142.3%
2021: 41.3%▼ -71.0% vs 2020
2022: 151.6%▲ +267% vs 2021highest value
2018 → 2022
Net result
€93k▲ 1,360%
2023 · €6k
2018: €-96klowest in 7 years
2019: €21k▲ +121% vs 2018
2020: €84k▲ +307% vs 2019
2021: €197k▲ +136% vs 2020highest in 7 years
2022: €17k▼ -91.3% vs 2021
2023: €6k▼ -63.1% vs 2022
2024: €93k▲ +1360% vs 2023
2018 → 2024
Working capital
€509k▼ 28.2%
2023 · €708k
2018: €627k
2019: €648k▲ +3.2% vs 2018
2020: €1.05M▲ +62.7% vs 2019highest in 7 years
2021: €647k▼ -38.6% vs 2020
2022: €645k▼ -0.4% vs 2021
2023: €708k▲ +9.9% vs 2022
2024: €509k▼ -28.2% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€60k-€552k▲ 820%€19k▼ 96.6%
2020: €60k
2021: €552k▲ +820% vs 2020highest in 3 years
2022: €19k▼ -96.6% vs 2021lowest in 3 years
Equity€550k-€747k▲ 35.8%€764k▲ 2.3%€771k▲ 0.8%€863k▲ 12.0%
2020: €550klowest in 5 years
2021: €747k▲ +35.8% vs 2020
2022: €764k▲ +2.3% vs 2021
2023: €771k▲ +0.8% vs 2022
2024: €863k▲ +12.0% vs 2023highest in 5 years
Operating result€85k-€228k▲ 167%€28k▼ 87.7%€20k▼ 26.9%€129k▲ 532%
2020: €85k
2021: €228k▲ +167% vs 2020highest in 5 years
2022: €28k▼ -87.7% vs 2021
2023: €20k▼ -26.9% vs 2022lowest in 5 years
2024: €129k▲ +532% vs 2023
Net result€84k-€197k▲ 136%€17k▼ 91.3%€6k▼ 63.1%€93k▲ 1,360%
2020: €84k
2021: €197k▲ +136% vs 2020highest in 5 years
2022: €17k▼ -91.3% vs 2021
2023: €6k▼ -63.1% vs 2022lowest in 5 years
2024: €93k▲ +1360% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 532% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.00M
Fixed assets
€449k ▼ 1.9%
Current assets
€555k ▼ 26.3%
Equity and liabilities €1.00M
Equity
€863k ▲ 12.0%
Debt
€140k ▼ 68.1%
Debt's share of the balance-sheet total falls from 36.3% to 14.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138k▲
2023 · €32k
Cash flow
€102k▲
2023 · €18k
Current ratio
11.94▼
2023 · 16.83
Quick ratio
0.77▼
2023 · 1.43
Debt to equity
0.16▼
2023 · 0.57
ROE
10.7%▲
2023 · 0.8%
ROA
9.2%▲
2023 · 0.5%
Interest coverage
24.38▲
2023 · 1.93
Debt ≤ 1 year
€46k▲
2023 · €45k
Debt > 1 year
€89k▼
2023 · €389k
Income taxes
€31k▲
2023 · €5k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.21M€1.00M▼
Fixed assets21/28€458k€449k▼
Tangible fixed assets22/27€458k€449k▼
Land and buildings22€458k€449k▼
Current assets29/58€753k€555k▼
Stocks and contracts in progress3€689k€520k▼
Stocks30/36€689k€520k▼
Amounts receivable within one year40/41€22k€9k▼
Other amounts receivable41€22k€9k▼
Cash at bank and in hand54/58€42k€26k▼
Deferred charges and accrued income490/1€792€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.00M▼
Equity10/15€771k€863k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€709k€801k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€702k€795k▲
Amounts payable17/49€440k€140k▼
Amounts payable after more than one year17€389k€89k▼
Financial debts170/4€389k€89k▼
Amounts payable within one year42/48€45k€46k▲
Trade debts44€474€620▲
Suppliers440/4€474€620▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€44k€44k=
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€40k€147k▲
Operating profit (loss)9901€20k€129k▲
Financial income75/76B€8k€0▼
Recurring financial income75€8k€0▼
Non-recurring financial income76B-€0
Financial charges65/66B€16k€6k▼
Recurring financial charges65€16k€6k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€12k€124k▲
Income taxes67/77€5k€31k▲
Profit (loss) for the period9904€6k€93k▲
Profit (loss) for the period to be appropriated9905€6k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€93k▲
Transfer to equity691/2€6k€93k▲
To other reserves6921€6k€93k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (15 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €601k | €70k | - | - | - |
| Turnover70 | €60k | €552k | €19k | - | - | - |
| Other operating income74 | - | €49k | €51k | - | - | - |
| Operating charges60/66A | - | €373k | €42k | - | - | - |
| Goods for resale, raw materials and consumables60 | - | €329k | €19k | - | - | - |
| Purchases600/8 | - | - | €19k | - | - | - |
| Change in stocks: decrease (increase)609 | - | €329k | - | - | - | - |
| Services and other goods61 | - | €24k | €3k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €13k | €13k | €11k | €9k | ▼ 21.5% |
| Other operating charges640/8 | - | €7k | €7k | €8k | €8k | ▲ 1.8% |
| Gross operating margin9900 | - | - | - | €40k | €147k | ▲ 268% |
| Operating profit (loss)9901 | €85k | €228k | €28k | €20k | €129k | ▲ 532% |
| Financial income75/76B | - | €4k | €2k | €8k | €0 | ▼ 100% |
| Recurring financial income75 | €9k | €4k | €2k | €8k | €0 | ▼ 100% |
| Income from financial fixed assets750 | - | €3k | €2k | - | - | - |
| Other financial income752/9 | - | €633 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €9k | €6k | €16k | €6k | ▼ 65.6% |
| Recurring financial charges65 | €11k | €9k | €6k | €16k | €6k | ▼ 65.6% |
| Debt charges650 | €10k | €8k | €5k | - | - | - |
| Other financial charges652/9 | - | €776 | €728 | - | - | - |
| Non-recurring financial charges66B | - | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €84k | €222k | €24k | €12k | €124k | ▲ 967% |
| Income taxes67/77 | - | €25k | €6k | €5k | €31k | ▲ 490% |
| Taxes670/3 | - | €25k | €6k | - | - | - |
| Profit (loss) for the period9904 | €84k | €197k | €17k | €6k | €93k | ▲ 1,360% |
| Profit (loss) for the period to be appropriated9905 | €84k | €197k | €17k | €6k | €93k | ▲ 1,360% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.65M | €1.29M | €1.23M | €1.21M | €1.00M | ▼ 17.1% |
| Fixed assets21/28 | €536k | €528k | €515k | €458k | €449k | ▼ 1.9% |
| Tangible fixed assets22/27 | €491k | €482k | €469k | €458k | €449k | ▼ 1.9% |
| Land and buildings22 | - | €482k | €469k | €458k | €449k | ▼ 1.9% |
| Financial fixed assets28 | €46k | €46k | €46k | - | - | - |
| Affiliated companies280/1 | - | €46k | €46k | - | - | - |
| Participating interests280 | - | €46k | €46k | - | - | - |
| Current assets29/58 | €1.11M | €757k | €713k | €753k | €555k | ▼ 26.3% |
| Stocks and contracts in progress3 | €937k | €685k | €685k | €689k | €520k | ▼ 24.6% |
| Stocks30/36 | - | €685k | €685k | €689k | €520k | ▼ 24.6% |
| Property held for sale35 | - | €685k | €685k | - | - | - |
| Amounts receivable within one year40/41 | €12k | €1k | €15k | €22k | €9k | ▼ 58.3% |
| Other amounts receivable41 | - | €1k | €15k | €22k | €9k | ▼ 58.3% |
| Cash at bank and in hand54/58 | €160k | €71k | €12k | €42k | €26k | ▼ 38.6% |
| Deferred charges and accrued income490/1 | - | €121 | €733 | €792 | €1k | ▲ 36.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.65M | €1.29M | €1.23M | €1.21M | €1.00M | ▼ 17.1% |
| Equity10/15 | €550k | €747k | €764k | €771k | €863k | ▲ 12.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €609k | €685k | €702k | €709k | €801k | ▲ 13.1% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €679k | €696k | €702k | €795k | ▲ 13.2% |
| Profit (loss) carried forward14 | €-121k | - | - | - | - | - |
| Amounts payable17/49 | €1.10M | €538k | €464k | €440k | €140k | ▼ 68.1% |
| Amounts payable after more than one year17 | €1.02M | €419k | €389k | €389k | €89k | ▼ 77.1% |
| Financial debts170/4 | - | €419k | €389k | €389k | €89k | ▼ 77.1% |
| Other loans174 | - | €419k | €389k | - | - | - |
| Amounts payable within one year42/48 | €57k | €110k | €69k | €45k | €46k | ▲ 3.9% |
| Trade debts44 | €21k | €70k | €19k | €474 | €620 | ▲ 30.6% |
| Suppliers440/4 | - | €70k | €19k | €474 | €620 | ▲ 30.6% |
| Taxes, remuneration and social security45 | - | €5k | €5k | - | €2k | - |
| Taxes450/3 | - | €5k | €5k | - | €2k | - |
| Other amounts payable47/48 | - | €34k | €44k | €44k | €44k | = |
| Accrued charges and deferred income492/3 | - | €9k | €6k | €6k | €5k | ▼ 22.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84k | €197k | €17k | €6k | €93k | ▲ 1,360% |
| + Depreciation and write-downs630 | €12k | €13k | €13k | €11k | €9k | ▼ 21.5% |
| Operating cash flow (approximation) | €96k | €210k | €30k | €18k | €102k | ▲ 474% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €46k | €0 | ▼ 100% |
| Change in cash | - | €-90k | €-59k | €30k | €-16k | ▼ 155% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €197k ▲136%
Operating result €228k, net result €197k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 19.58
Current ratio from 5.62 to 19.58; short-term debt falls from €140k to €57k.
31-12
Financial
Equity above €500kEq €550k ▲17.9%
2 profitable years in a row build equity to €550k.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Roeselare · 1 establishment unit since 1990
Ground area
1.5 ha
Building footprint
383 m²
Volume, LiDAR
1,742 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
IMMOP NV
since 19902.048.611.393
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B1692/00Y000 | Flanders | 1.4 ha | 1 · 252 m² | 5.8 m · 1 fl. |
| 36503C1268/00A002 | Flanders | 349 m² | 1 · 131 m² | 9.2 m · 2 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.
Similar companies · same sector, comparable size
D. F&J Immo
BE 0443.486.077
Hooglede · Eq €863,766
IMMO BARDOEL
BE 0849.399.801
Staden · Eq €863,861
WILVER
BE 0463.613.973
Oostkamp · Eq €862,399
GALVER
BE 0427.881.054
Aalst · Eq €864,919
BRUSSELS BUSINESS FLATS - BELGIUM
BE 0456.960.169
Brussel · Eq €864,926
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,910 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-05-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.