IMMOPROM EUREGIO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 20 filings
Turnover
€564,000▲ 18.4%
2024 · €476,463
EBIT margin
43.8%▲ 19.4pp
2024 · 24.3%
Net result
€198,231▲ 101%
2024 · €98,481
Working capital
€1.3m▲ 13.2%
2024 · €1.1m
In the rankings
#1 company by equity in Plombières, Construction sector#2 company by total assets in Plombières, Construction sector#9 oldest company in Plombières, Construction sector
Multi-year overview
2019 to 2025, 7 financial yearsTurnover
€564,000
▲ 18.4%
2025
20192025
Operating result
€246,993
▲ 113%
2025
20192025
Net result
€198,231
▲ 101%
2025
highest quarter of the sector
20192025
EBIT margin
43.8%
▲ 19.4pp
2025
20192025
Equity
€1.1m
▲ 22.3%
2025
highest quarter of the sector
20192025
Total assets
€1.6m
▲ 11.0%
2025
highest quarter of the sector
20192025
Debt
€428,644
▼ 8.3%
2025
20192025
Working capital
€1.3m
▲ 13.2%
2025
highest quarter of the sector
20192025
Solvency
70.1%
▲ 6.4pp
2025
highest quarter of the sector
20192025
Current ratio
7.02
▲ 1.65
2025
highest quarter of the sector
20192025
Return on assets (ROA)
12.8%
▲ 5.7pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€0.08m€1.0m▲ 12×€0.6m▼ 41.3%€2.1m▲ 250%€0.5m▼ 77.3%€0.6m▲ 18.4%
Operating result€0.007m-€0.02m▲ 148%€0.2m▲ 11×€0.03m▼ 85.1%€0.6m▲ 19×€0.1m▼ 79.4%€0.2m▲ 113%
Net result€0.001m-€0.003mwithin the sector's middle half▲ 165%€0.1mabove the sector's middle half▲ 53×-€0.002mbelow the sector's middle half€0.4mabove the sector's middle half€0.1mabove the sector's middle half▼ 75.6%€0.2mabove the sector's middle half▲ 101%
EBIT margin21.1%19.3%▼ 1.7pp4.9%▼ 14.4pp26.8%▲ 21.9pp24.3%▼ 2.5pp43.8%▲ 19.4pp
Equity€0.2m-€0.2mwithin the sector's middle half▲ 1.1%€0.4mabove the sector's middle half▲ 57.5%€0.4mabove the sector's middle half▼ 0.5%€0.8mabove the sector's middle half▲ 104%€0.9mabove the sector's middle half▲ 12.4%€1.1mabove the sector's middle half▲ 22.3%
Total assets€0.7m-€1.3mwithin the sector's middle half▲ 82.4%€1.1mabove the sector's middle half▼ 11.7%€1.4mabove the sector's middle half▲ 27.2%€1.4mabove the sector's middle half▼ 3.2%€1.4mabove the sector's middle half▲ 1.5%€1.6mabove the sector's middle half▲ 11.0%
Debt€0.4m-€1.0m▲ 153%€0.7m▼ 29.5%€1.0m▲ 45.0%€0.6m▼ 46.4%€0.5m▼ 15.0%€0.4m▼ 8.3%
Working capital€0.01m-€0.2mwithin the sector's middle half▲ 12×€0.5mabove the sector's middle half▲ 251%€0.7mabove the sector's middle half▲ 28.7%€1.2mabove the sector's middle half▲ 70.0%€1.1mabove the sector's middle half▼ 2.5%€1.3mabove the sector's middle half▲ 13.2%
Solvency35.4%-19.6%within the sector's middle half▼ 15.8pp34.9%within the sector's middle half▲ 15.3pp27.3%within the sector's middle half▼ 7.6pp57.5%within the sector's middle half▲ 30.2pp63.7%within the sector's middle half▲ 6.2pp70.1%above the sector's middle half▲ 6.4pp
Current ratio1.10-1.24within the sector's middle half▲ 0.142.70within the sector's middle half▲ 1.462.03within the sector's middle half▼ 0.676.57above the sector's middle half▲ 4.545.37above the sector's middle half▼ 1.207.02above the sector's middle half▲ 1.65
Return on assets (ROA)0.1%-0.2%within the sector's middle half▲ 0.1pp12.8%within the sector's middle half▲ 12.5pp-0.1%below the sector's middle half▼ 12.9pp29.3%above the sector's middle half▲ 29.4pp7.0%within the sector's middle half▼ 22.2pp12.8%within the sector's middle half▲ 5.7pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 113% higher than in 2024. It is a recovery after the fall in 2024.
Large changes and their cause
- 2021 Turnover +1,103%, Net result +5,231% on 2020. The accounts now follow the micro format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€61,828 ▲ 476%
Current assets
€1.5m ▲ 7.4%
Equity and liabilities €1.6m
Equity
€1.1m ▲ 22.3%
Provisions
€35,039 ▼ 12.2%
Debt
€428,644 ▼ 8.3%
Debt's share of the balance-sheet total falls from 33.4% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251,851▲
2024 · €116,938
Cash flow
€203,089▲
2024 · €99,423
Debt to equity
0.39▼
2024 · 0.53
ROE
18.2%▲
2024 · 11.1%
Interest coverage
33.97▲
2024 · 9.58
Debt ≤ 1 year
€212,386▼
2024 · €258,644
Debt > 1 year
€157,500=
2024 · €157,500
Income taxes
€65,928▲
2024 · €36,266
Customer credit
11 days▲
2024 · 3 days
Supplier credit
146 days▲
2024 · 18 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Mortgages, amount registered | €27,500 | - | - | - |
| Mortgage mandates | €2.5m | - | - | - |
| Carrying value of the mortgaged assets | €926,953 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €500 | €2,985 | - | €81,522 |
| Depreciation and write-downs of the year | €345 | €789 | €942 | €4,858 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €0.08m | €1.0m | €0.6m | €2.1m | €0.5m | €0.6m | ▲ 18.4% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.03m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.1m | €1.0m | €0.1m | €0.09m | ▼ 36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €435 | €0.002m | €0.004m | €345 | €0.001m | €0.001m | €0.005m | ▲ 416% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.01m | €0.03m | €0.004m | -€0.005m | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.002m | €0.001m | €0.001m | ▼ 11.0% |
| Gross operating margin9900 | €0.002m | -€0.02m | €0.2m | €0.02m | €0.6m | €0.1m | €0.2m | ▲ 102% |
| Operating profit (loss)9901 | €0.007m | €0.02m | €0.2m | €0.03m | €0.6m | €0.1m | €0.2m | ▲ 113% |
| Financial income75/76B | - | - | - | €0.003m | €12 | €0.03m | €0.02m | ▼ 20.6% |
| Recurring financial income75 | €0.007m | €0.006m | €0.005m | €0.003m | €12 | €0.03m | €0.02m | ▼ 20.6% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.01m | €0.007m | ▼ 39.2% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.01m | €0.03m | €0.03m | €0.01m | €0.007m | ▼ 39.2% |
| Profit (loss) for the period before taxes9903 | €0.003m | €0.004m | €0.2m | €0.002m | €0.5m | €0.1m | €0.3m | ▲ 96.0% |
| Income taxes67/77 | €0.002m | €0.002m | €0.05m | €0.004m | €0.1m | €0.04m | €0.07m | ▲ 81.8% |
| Profit (loss) for the period9904 | €0.001m | €0.003m | €0.1m | -€0.002m | €0.4m | €0.1m | €0.2m | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €0.001m | €0.003m | €0.1m | -€0.002m | €0.4m | €0.1m | €0.2m | ▲ 101% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.7m | €1.3m | €1.1m | €1.4m | €1.4m | €1.4m | €1.6m | ▲ 11.0% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.3m | €0.08m | €0.01m | €0.01m | €0.06m | ▲ 476% |
| Tangible fixed assets22/27 | €194 | €0.006m | €0.001m | €0.001m | €0.003m | €0.002m | €0.06m | ▲ 26× |
| Furniture and vehicles24 | - | - | - | €0.001m | €0.003m | €0.002m | €0.06m | ▲ 26× |
| Financial fixed assets28 | €0.6m | €0.5m | €0.3m | €0.08m | €0.008m | €0.008m | €436 | ▼ 94.8% |
| Current assets29/58 | €0.1m | €0.8m | €0.8m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 7.4% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.02m | €0.02m | ▼ 20.0% |
| Other amounts receivable291 | - | - | - | - | - | €0.02m | €0.02m | ▼ 20.0% |
| Stocks and contracts in progress3 | €0.05m | €0.7m | €0.4m | €0.9m | €0.5m | €0.3m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0.9m | €0.5m | €0.3m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.03m | €0.05m | €0.01m | €0.3m | €0.07m | €0.05m | €0.02m | ▼ 61.2% |
| Trade receivables40 | - | - | - | €0.3m | €0.07m | €0.003m | €0.02m | ▲ 410% |
| Other amounts receivable41 | - | - | - | - | €183 | €0.04m | €133 | ▼ 99.7% |
| Current investments50/53 | €1 | €1 | €1 | - | €0.6m | €1.0m | €1.1m | ▲ 10.0% |
| Cash at bank and in hand54/58 | €0.04m | €0.007m | €0.4m | €0.1m | €0.2m | €0.02m | €0.3m | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.03m | €0.04m | €0.04m | ▼ 14.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.7m | €1.3m | €1.1m | €1.4m | €1.4m | €1.4m | €1.6m | ▲ 11.0% |
| Equity10/15 | €0.2m | €0.2m | €0.4m | €0.4m | €0.8m | €0.9m | €1.1m | ▲ 22.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.4m | €0.4m | €0.8m | €0.9m | €1.1m | ▲ 22.8% |
| Provisions and deferred taxes16 | €0.05m | €0.02m | €0.02m | €0.007m | €0.04m | €0.04m | €0.04m | ▼ 12.2% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.007m | €0.04m | €0.04m | €0.04m | ▼ 12.2% |
| Other liabilities and charges164/5 | - | - | - | €0.007m | €0.04m | €0.04m | €0.04m | ▼ 12.2% |
| Amounts payable17/49 | €0.4m | €1.0m | €0.7m | €1.0m | €0.6m | €0.5m | €0.4m | ▼ 8.3% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | = |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | = |
| Amounts payable within one year42/48 | €0.1m | €0.6m | €0.3m | €0.7m | €0.2m | €0.3m | €0.2m | ▼ 17.9% |
| Financial debts43 | - | - | - | €0.5m | €0.09m | €0.2m | €0.1m | ▼ 53.3% |
| Credit institutions430/8 | - | - | - | €0.5m | €0 | - | - | - |
| Other loans439 | - | - | - | €0.02m | €0.09m | €0.2m | €0.1m | ▼ 53.3% |
| Trade debts44 | €0.01m | €0.05m | €0.1m | €0.09m | €0.01m | €0.007m | €0.04m | ▲ 406% |
| Suppliers440/4 | - | - | - | €0.09m | €0.01m | €0.007m | €0.04m | ▲ 406% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.1m | €0.007m | €0.06m | ▲ 796% |
| Taxes450/3 | - | - | - | €0.05m | €0.1m | €0.005m | €0.06m | ▲ 11× |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.003m | €0.001m | €0.001m | ▼ 4.8% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.04m | €0.05m | €0.06m | ▲ 14.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,012 | €2,679 | €142,821 | -€2,079 | €403,149 | €98,481 | €198,231 | ▲ 101% |
| + Depreciation and write-downs630 | €435 | €2,398 | €3,674 | €345 | €789 | €942 | €4,858 | ▲ 416% |
| Operating cash flow (approximation) | €1,447 | €5,077 | €146,495 | -€1,734 | €403,938 | €99,423 | €203,089 | ▲ 104% |
| Investment in fixed assets (approximation) | - | €55,929 | €217,724 | €199,500 | €67,600 | €0 | -€55,956 | - |
| Change in cash | - | -€28,510 | €359,808 | -€244,160 | €73,122 | -€172,501 | €298,253 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as IMMOPROM EUREGIO has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of IMMOPROM EUREGIO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for IMMOPROM EUREGIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2025-00592562 | |
| 30-06-2024 | micro format | 15-12-2024 | 2024-00617839 | |
| 30-06-2023 | micro format | 03-12-2023 | 2023-00523297 | |
| 30-06-2022 | micro format | 11-12-2022 | 2022-20536635 | |
| 30-06-2021 | micro format | 14-11-2021 | 2021-77700143 | |
| 30-06-2020 | full format | 28-12-2020 | 2020-77300234 | |
| 30-06-2019 | full format | 12-01-2020 | 2020-00800483 | |
| 30-06-2018 | full format | 04-11-2018 | 2018-71700590 | |
| 30-06-2017 | full format | 29-01-2018 | 2018-02600387 | |
| 30-06-2016 | full format | 26-12-2016 | 2016-71700469 |