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IMMOPHI

Active
Public limited companyfounded 1989active for 36 yearsLommerlaan 30, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0439.473.643
Summary

IMMOPHI has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€164,175. Equity is shrinking by about 3.5% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known1 site
Size
€134,136turnover 2025
Equity
€1.2m
Loss
-€164,175
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Finasinus SA
Accounts on time0 of 5 deeds read
Why 83raises riskLoss of €164,175, the second in a row (financial year 2025)Liquidity: current ratio 0.35, cash €5,000lowers riskSize: turnover €134,136, total assets €1.4mEquity €1.2m (84.2% of total assets)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 84.2% of total assets
Liquidity 48-2
short-term debt 13.6% · cash 0.4%
Profitability 2-74
return on assets -12.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.3%▲ +0.2 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.35, compared with 0.89 in 2024; short-term debt: 13.6% and cash: 0.4% of total assets), and 15.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 31% on liquidity, 9% on profitability and 56% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €134,136, total assets €1.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €164,175, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €1.2m (84.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.35, cash €5,000
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€164,175
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
31 days early
2023
on the day
2022
3 days late
2021
62 days early
2020
on the day
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end09-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€164,175
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€164,175 View
  • Caution: Result fell in 2025from -€55,140 to -€164,175 ▼ 198% View
  • Controlled by Finasinus SA parent View

By topic

Financials

Financial year
2025
Turnover
€134,136
Loss
-€164,175
Solvency
84.2%
Turnover▲ 37.7%
Net result
20212025
Go to Financials

Timeline

Events
38
Since
1992
Next accounts
by 31-10-2026
  1. 31-10-2023Annual accounts filed
  2. 31-03-2023Liquidity more than 43 times
  3. 03-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
20-12-1989
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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