IMMOPAT
ActiveIMMOPAT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €905k and a net result of €102k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▲+9
Solvency36▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.32 in 2023; short-term debt: 10.1% and cash: 0.5% of total assets), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 68
lower
← 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
11.3%
Return on assets
1.3%
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
40 d early
2022
3 d early
2021
23 d early
2020
36 d early
2019
7 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€905k▲ 12.7%
2023 · €803k
2018: €475k
2019: €572k
2020: €687k
2021: €761k
2022: €828k
2023: €803k
2018 → 2024
Total assets
€7.99M▼ 3.0%
2023 · €8.24M
2018: €4.87M
2019: €4.69M
2020: €4.45M
2021: €5.62M
2022: €6.57M
2023: €8.24M
2018 → 2024
Net result
€102k
2023 · €-25k
2018: €77k
2019: €98k
2020: €115k
2021: €73k
2022: €68k
2023: €-25k
2018 → 2024
Working capital
€-477k▲ 15.6%
2023 · €-565k
2018: €-787k
2019: €-700k
2020: €-659k
2021: €-891k
2022: €-1.14M
2023: €-565k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€687k-€761k▲ 10.6%€828k▲ 8.9%€803k▼ 3.0%€905k▲ 12.7%
Operating result€241k-€160k▼ 33.5%€181k▲ 12.7%€92k▼ 49.0%€269k▲ 191%
Net result€115k-€73k▼ 36.3%€68k▼ 7.6%€-25k€102k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 191% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.99M
Fixed assets
€7.66M▼ 4.0%
Current assets
€330k▲ 26.8%
Equity and liabilities €7.99M
Equity
€905k▲ 12.7%
Debt
€7.09M▼ 4.7%
The debt ratio falls from 90.3% to 88.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€722k▲
2023 · €494k
Cash flow
€556k▲
2023 · €377k
Solvency
11.3%▲
2023 · 9.7%
Current ratio
0.41▲
2023 · 0.32
Quick ratio
0.41▲
2023 · 0.32
Debt / equity
7.83▼
2023 · 9.26
ROE
11.3%▲
2023 · -3.1%
ROA
1.3%▲
2023 · -0.3%
Interest coverage
4.68▲
2023 · 3.81
Debt
€7.09M▼
2023 · €7.44M
Debt ≤ 1 year
€807k▼
2023 · €826k
Debt > 1 year
€6.25M▼
2023 · €6.59M
Income taxes
€27k▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8.24M€7.99M▼
Fixed assets21/28€7.98M€7.66M▼
Tangible fixed assets22/27€7.98M€7.66M▼
Land and buildings22€7.98M€7.66M▼
Furniture and vehicles24-€4k
Financial fixed assets28€4k€4k=
Current assets29/58€260k€330k▲
Amounts receivable within one year40/41€71k€280k▲
Trade receivables40€975€240k▲
Other amounts receivable41€70k€40k▼
Cash at bank and in hand54/58€186k€43k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€8.24M€7.99M▼
Equity10/15€803k€905k▲
Contributions10/11€132k€132k=
Capital10€132k€132k=
Issued capital100€132k€132k=
Reserves13€672k€774k▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€659k€761k▲
Amounts payable17/49€7.44M€7.09M▼
Amounts payable after more than one year17€6.59M€6.25M▼
Financial debts170/4€6.59M€6.25M▼
Amounts payable within one year42/48€826k€807k▼
Current portion of amounts payable after more than one year42€617k€686k▲
Trade debts44€77k€6k▼
Suppliers440/4€77k€6k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€0€7k▲
Taxes450/3€0€7k▲
Other amounts payable47/48€132k€109k▼
Accrued charges and deferred income492/3€22k€28k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€402k€454k▲
Other operating charges640/8€46k€48k▲
Gross operating margin9900€540k€770k▲
Operating profit (loss)9901€92k€269k▲
Financial income75/76B€13k€14k▲
Recurring financial income75€13k€14k▲
Financial charges65/66B€130k€154k▲
Recurring financial charges65€130k€154k▲
Profit (loss) for the period before taxes9903€-25k€129k▲
Income taxes67/77€0€27k▲
Profit (loss) for the period9904€-25k€102k▲
Profit (loss) for the period to be appropriated9905€-25k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€102k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€25k€0▼
Transfer to equity691/2€0€102k▲
To other reserves6921€0€102k▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €102k
Net result €102k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-25k ▼137%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €115k ▲17.9%
Net result €115k, the highest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
31-12
Financial
Equity above €500kEq €572k ▲20.5%
2 profitable years in a row build equity to €572k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Brugge · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Karel van Manderstraat 1338310 BruggeGround area
1,943 m²
Building footprint
218 m²
Volume, LiDAR
1,061 m³
Parcel 31029C0493/00C000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immopat
since 20052.145.275.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0493/00C000 | Flanders | 1,943 m² | 1 · 218 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300DDDWGGF7DX0P39
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-2004
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.