Equity
-€63,531
Debts exceed assets in financial year 2025.
IMMORAD
Lifetime
2 annual accounts with figures on one time axispeak €96,544 (2025)
€96,544▲ 818%
lowest -€90,966 (2024)
€25,434▲ €116,400
peak -€63,531 (2025)
-€63,531▲ €25,434
€1.1m▼ 6.2%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €10,513 to €96,544Back to profit: €25,434Equity from -€88,966 to -€63,531Cash from €30,761 to €14,543
Key points
from the 2025 annual accountsResult
€25,434 €25,434
Back in profit in 2025, after a loss of €90,966 in 2024.
Turnover
≈ €250,000 estimated
The micro format states no turnover.
Debts
€1.1m 106% of the balance sheet
Financial debts 89%Suppliers 0%Taxes and wages 1%Other 11%
Of this, €122,649 falls due within a year.
Starting capital
€2,000 2,000 shares
Position in the sector
-€63,531
Less equity than 90% of companies in real estate. Sector median €86,468 · 19,833 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 262 companies had the same profile as IMMORAD has now. Each dot is one company, two years later.
96.9%
were still trading
0.8%
stopped another way
1.1%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 262 companies, not a prediction for IMMORAD. 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.
Credit verdict
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Signals
Board and ownership
Managing director
Managing director
- 1,000 sharesdeed of 04-11-2022
- 1,000 sharesdeed of 04-11-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793209184
Registered office moved within Ghent
New registered office: Brugsesteenweg 605, 9030 Gent · Previous registered office: Dendermondsesteenweg 349, 9040 Gent · Board meeting of 19-02-2024 · Gazette deed
First establishment
Brugsesteenweg 605, Ghent
Incorporation
Founding capital of €2,000, 2,000 shares · Founders: and · Appointments: (director) and (director) · published on 04-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMMORAD Ghent | €1.0m | €96,544 | -6.2% | - |
| BABETTE Zottegem | €0.9m | €102,873 | 4.5% | - |
| NEXTHOUSE Ghent | €1.0m | €77,258 | -1.2% | - |
| Balmoral Immo Jalhay | €1.1m | €83,303 | 94.7% | - |
| Loomans Invest Pelt | €1.2m | €82,856 | 16.9% | - |
| VAGEBO Brasschaat | €1.0m | €90,907 | 6.8% | - |
| CC INVESTMENT Zoersel | €0.9m | €80,627 | 2.7% | - |
These companies have the same main activity as IMMORAD: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €901,000 and €1.2m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 02-11-2022Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.340.200.1259030 Ghent, since 13-01-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- €1.0m▼ 4.4%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on IMMORAD
IMMORAD has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€63,531) and a net result of €25,434.
Its solvency ranks better than 15% of 19,813 sector peers (NACE 68, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMMORAD
- What is the company number of IMMORAD?
- The company number of IMMORAD is 0793.209.184. The VAT number is the same number with BE in front: BE 0793.209.184.
- Where is IMMORAD based?
- The registered office is at Brugsesteenweg 605, 9030 Ghent.Company details
- What does IMMORAD do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of IMMORAD?
- IMMORAD is a private limited company (BV).
- When was IMMORAD founded?
- IMMORAD was founded on 02-11-2022.
- Is IMMORAD still active?
- Yes, IMMORAD is an active enterprise in the KBO register.
- What is the turnover of IMMORAD?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €96,544 and 48 comparable companies (NACE 681). It probably lies between €130,000 and €590,000.Financials
- Is IMMORAD profitable?
- In financial year 2025, IMMORAD made a profit of €25,434.
- Where can I find the annual accounts of IMMORAD?
- IMMORAD filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMMORAD due?
- IMMORAD must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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