IMMOPAR
ActiveSummary
IMMOPAR has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.4m and a net result of €69,730. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 78 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Libraries, archives, museums and other cultural activities
NACE 91420NACE 65236NACE 91042
#1 oldest company in West Flanders, Libraries, archives and museums sector1 site
How big
€7.0mtotal assets 2024
- Equity
- €1.4m
- Profit
- €69,730
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 62- Weak solvency vs sector+ Lower-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability70=
Solvency46=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 72% and cash: 0.9% of total assets), and 79.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 91
Relative position
BE, all sectors
reference
Libraries, archives, museums and other cultural activities (NACE 91)
about 68% 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
20.8%
Return on assets
1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 78 sector peers (2024).
NBB · sector comparisonPosition among 78 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
26 d late
2023
70 d late
2022
30 d late
2021
11 d late
2020
23 d late
2019
14 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 29 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Annual accounts filedfiscal year 2022 · abbreviated…
Financials
Fiscal year 2024Total assets €7.0mProfit €69,730Solvency 20.8%Liquidity 0.01
Turnover
€1.3m
2021
Net result
€69,730▼ 10.4%
2018 - 2024
Equity
€1.4m▲ 5.1%
2018 - 2024
Solvency
20.8%▲ 0.1pp
2018 - 2024
Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 oldest company in West Flanders, Libraries, archives and museums sector#7 company by total assets in West Flanders, Libraries, archives and museums sector#7 company by equity in Knokke-Heist, Arts, sports and recreation sector
Trend over the years
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 91, Libraries, archives, museums and other cultural 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
Line20202021202220232024
Turnover€1.3m
Operating result€0.05m▲ 186%€0.06m▲ 16.3%€0.2m▲ 186%€0.1m▼ 18.3%€0.1m▼ 17.8%
Net result€0.03mwithin the sector's middle half▲ 441%€0.05mwithin the sector's middle half▲ 53.5%€0.08mabove the sector's middle half▲ 66.4%€0.08mwithin the sector's middle half▼ 2.2%€0.07mwithin the sector's middle half▼ 10.4%
EBIT margin4.4%
Equity€1.2mwithin the sector's middle half▲ 2.7%€1.2mwithin the sector's middle half▲ 4.1%€1.3mwithin the sector's middle half▲ 6.5%€1.4mwithin the sector's middle half▲ 6.0%€1.4mwithin the sector's middle half▲ 5.1%
Total assets€6.5mabove the sector's middle half▼ 4.3%€6.5mabove the sector's middle half▲ 1.5%€6.5mabove the sector's middle half▼ 0.1%€6.7mabove the sector's middle half▲ 1.8%€7.0mabove the sector's middle half▲ 4.5%
Debt€5.0m▼ 5.9%€5.1m▲ 0.9%€5.0m▼ 1.7%€5.1m▲ 1.1%€5.3m▲ 4.5%
Working capital-€5.0mbelow the sector's middle half▲ 1.1%-€4.9mbelow the sector's middle half▲ 1.7%-€4.9mbelow the sector's middle half▲ 0.6%-€5.0mbelow the sector's middle half▼ 3.2%-€4.9mbelow the sector's middle half▲ 1.6%
Solvency18.2%below the sector's middle half▲ 1.2pp18.7%below the sector's middle half▲ 0.5pp19.9%below the sector's middle half▲ 1.2pp20.7%below the sector's middle half▲ 0.8pp20.8%below the sector's middle half▲ 0.1pp
Current ratio0.01below the sector's middle half=0.01below the sector's middle half=0.01below the sector's middle half=0.01below the sector's middle half▼ 0.010.01below the sector's middle half▲ 0.01
Return on assets (ROA)0.5%within the sector's middle half▲ 0.4pp0.7%within the sector's middle half▲ 0.2pp1.2%within the sector's middle half▲ 0.5pp1.2%within the sector's middle half=1.0%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 91, Libraries, archives, museums and other cultural activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.0m
Fixed assets
€6.9m ▲ 3.8%
Current assets
€71,452 ▲ 143%
Equity and liabilities €7.0m
Equity
€1.4m ▲ 5.1%
Provisions
€220,000 =
Debt
€5.3m ▲ 4.5%
Debt's share of the balance-sheet total stays at 76.0%.
Key figures and ratios
Key figures and ratios
EBITDA
€553,412▲
2023 · €507,697
Cash flow
€516,619▲
2023 · €455,907
Debt to equity
3.65▼
2023 · 3.67
ROE
4.8%▼
2023 · 5.6%
Interest coverage
44.06▲
2023 · 15.20
Debt ≤ 1 year
€5.0m▼
2023 · €5.0m
Debt > 1 year
€265,204
Income taxes
€25,780▲
2023 · €21,173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 733 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
1.4%
stopped otherwise
97%
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 0.1% 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 733 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 accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €1.3m | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.01m | - | - |
| Other operating charges640/8 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.3% |
| Gross operating margin9900 | €0.5m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 10.1% |
| Operating profit (loss)9901 | €0.05m | €0.06m | €0.2m | €0.1m | €0.1m | ▼ 17.8% |
| Financial income75/76B | - | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 44.3% |
| Recurring financial income75 | - | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 44.3% |
| Financial charges65/66B | - | €0.002m | €0.06m | €0.03m | €0.01m | ▼ 62.4% |
| Recurring financial charges65 | €0.005m | €0.002m | €0.03m | €0.03m | €0.01m | ▼ 62.4% |
| Non-recurring financial charges66B | - | - | €0.02m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.06m | €0.1m | €0.1m | €0.1m | ▼ 3.5% |
| Income taxes67/77 | €0.01m | €0.008m | €0.02m | €0.02m | €0.03m | ▲ 21.8% |
| Profit (loss) for the period9904 | €0.03m | €0.05m | €0.08m | €0.08m | €0.07m | ▼ 10.4% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.05m | €0.08m | €0.08m | €0.07m | ▼ 10.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.5m | €6.5m | €6.7m | €7.0m | ▲ 4.5% |
| Fixed assets21/28 | €6.4m | €6.5m | €6.5m | €6.6m | €6.9m | ▲ 3.8% |
| Tangible fixed assets22/27 | €6.4m | €6.5m | €6.5m | €6.6m | €6.9m | ▲ 3.8% |
| Land and buildings22 | - | €6.5m | €6.4m | €6.6m | €6.8m | ▲ 4.2% |
| Furniture and vehicles24 | - | €0.002m | €0.05m | €0.06m | €0.04m | ▼ 31.6% |
| Current assets29/58 | €0.06m | €0.07m | €0.07m | €0.03m | €0.07m | ▲ 143% |
| Amounts receivable within one year40/41 | €0.04m | €0.04m | €0.009m | - | €0.007m | - |
| Trade receivables40 | - | €0.03m | - | - | €354 | - |
| Other amounts receivable41 | - | €0.007m | €0.009m | - | €0.007m | - |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.06m | €0.03m | €0.06m | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.5m | €6.5m | €6.7m | €7.0m | ▲ 4.5% |
| Equity10/15 | €1.2m | €1.2m | €1.3m | €1.4m | €1.4m | ▲ 5.1% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 16.7% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Provisions for liabilities and charges160/5 | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Major repairs and maintenance162 | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €5.0m | €5.1m | €5.0m | €5.1m | €5.3m | ▲ 4.5% |
| Amounts payable after more than one year17 | - | €0.1m | €0.06m | - | €0.3m | - |
| Financial debts170/4 | - | €0.1m | €0.06m | - | €0.3m | - |
| Amounts payable within one year42/48 | €5.0m | €5.0m | €4.9m | €5.0m | €5.0m | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | - | €0.06m | €0.06m | €0.06m | - | - |
| Financial debts43 | - | - | - | - | €0.08m | - |
| Credit institutions430/8 | - | - | - | - | €0.08m | - |
| Trade debts44 | €0.009m | €0.1m | €0.07m | €0.08m | €0.09m | ▲ 18.3% |
| Suppliers440/4 | - | €0.1m | €0.07m | €0.08m | €0.09m | ▲ 18.3% |
| Taxes, remuneration and social security45 | - | €0.01m | €0.03m | €0.02m | €0.02m | ▼ 2.3% |
| Taxes450/3 | - | €0.01m | €0.03m | €0.02m | €0.02m | ▼ 2.3% |
| Remuneration and social security454/9 | - | €0.001m | €0.001m | - | - | - |
| Other amounts payable47/48 | - | €4.7m | €4.8m | €4.9m | €4.8m | ▼ 1.4% |
| Accrued charges and deferred income492/3 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,119 | €47,767 | €79,508 | €77,789 | €69,730 | ▼ 10.4% |
| + Depreciation and write-downs630 | €362,299 | €385,061 | €334,519 | €378,118 | €446,889 | ▲ 18.2% |
| Operating cash flow (approximation) | €393,418 | €432,828 | €414,027 | €455,907 | €516,619 | ▲ 13.3% |
| Investment in fixed assets (approximation) | - | -€465,418 | -€328,613 | -€538,708 | -€701,655 | ▼ 30.2% |
| Change in cash | - | €14,979 | €30,645 | -€32,674 | €34,585 | ▲ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Natuurpunt Antwerpen Noord en Kempen regionale vereniging voor natuur en landschap
BE 0429.415.832
Antwerpen · Eq €1,399,730
FORESTIA
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Theux · Eq €1,393,094
ESPACE NATURE DE LA BOTTE DU HAINAUT
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Sivry-Rance · Eq €1,542,834
PARC ANIMALIER
BE 0454.612.373
Bouillon · Eq €1,261,457
REGIONAAL LANDSCHAP HASPENGOUW EN VOEREN
BE 0471.371.597
Hasselt · Eq €1,240,045
Of 167 companies in this sector we hold annual accounts for 89. 67 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 26-08-2025
History
Acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 70 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €79,508 ▲66.4%
Operating result €158,685, net result €79,508, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Back to profitnet €5,755
Net result €5,755 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 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.
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Company details
Public limited company · founded 19-06-1986Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded19-06-1986
Fiscal year end31-12
Activities, NACEBEL 2025
91420Libraries, archives, museums and other cultural activities
64210Activities of holding companies
64999Other financial services
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
68204Real estate activities
69209Other tax advisory services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429214805
Registered
27-03-2026
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.
Sites & property
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1996
Ground area
181 m²
Building footprint
181 m²
Volume, LiDAR
3,479 m³
Parcel 31013A0435/00_000, Flanders · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zeedijk-Knokke 612, 8300 Knokke-Heist
since 1996unit no. 2.031.191.282
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0435/00_000 | Flanders | 181 m² | 1 · 181 m² | 30.4 m · 9 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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
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