IMMORAM
ActiveSummary
For IMMORAM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €305,578 and a net result of -€29,521. Equity remains stable across the filed fiscal years (±2% per year). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability11=
Solvency86▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
60.9%
Return on assets
-5.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 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
not filed
2023
20 d late
2022
3 d early
2021
43 d late
2020
33 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€305,578▼ 8.8%
2022 · €335,099
Total assets
€501,361▼ 11.0%
2022 · €563,104
Net result
-€29,521▲ 16.4%
2022 · -€35,295
Working capital
€15,714▼ 68.8%
2022 · €50,356
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€36,773▲ 43.2%€25,386▼ 31.0%€46,930▲ 84.9%-€29,198-€18,388▲ 37.0%
Net result€19,254▲ 19.8%€19,015▼ 1.2%€35,842▲ 88.5%-€35,295-€29,521▲ 16.4%
Equity€315,536▲ 6.5%€334,551▲ 6.0%€370,393▲ 10.7%€335,099▼ 9.5%€305,578▼ 8.8%
Total assets€638,438▼ 7.8%€620,125▼ 2.9%€625,983▲ 0.9%€563,104▼ 10.0%€501,361▼ 11.0%
Debt€322,901▼ 18.5%€285,574▼ 11.6%€255,590▼ 10.5%€228,005▼ 10.8%€195,783▼ 14.1%
Working capital€59,210▲ 49.4%€70,914▲ 19.8%€99,024▲ 39.6%€50,356▼ 49.1%€15,714▼ 68.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,388 in 2023 against €29,198 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €501,361
Fixed assets
€446,108 ▼ 3.5%
Current assets
€55,253 ▼ 45.2%
Equity and liabilities €501,361
Equity
€305,578 ▼ 8.8%
Debt
€195,783 ▼ 14.1%
Debt's share of the balance-sheet total falls from 40.5% to 39.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,382▲
2022 · -€3,822
Cash flow
-€12,515▼
2022 · -€9,918
Current ratio
1.40▼
2022 · 2.00
Debt to equity
0.64▼
2022 · 0.68
ROE
-9.7%▲
2022 · -10.5%
ROA
-5.9%▲
2022 · -6.3%
Interest coverage
-0.23▲
2022 · -0.63
Debt ≤ 1 year
€39,539▼
2022 · €50,447
Debt > 1 year
€108,299▼
2022 · €128,303
Income taxes
€6,534
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,549 | €1,325 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,138 | €25,602 | €25,289 | €25,376 | €17,006 | ▼ 33.0% |
| Other operating charges640/8 | - | - | €804 | €9,034 | €18,179 | ▲ 101% |
| Gross operating margin9900 | €77,175 | €59,397 | €73,022 | €5,212 | €16,797 | ▲ 222% |
| Operating profit (loss)9901 | €36,773 | €25,386 | €46,930 | -€29,198 | -€18,388 | ▲ 37.0% |
| Financial income75/76B | - | - | €172 | €1 | €1,326 | ▲ 117,280% |
| Recurring financial income75 | €17 | €1 | €172 | €1 | €1 | ▲ 31.0% |
| Non-recurring financial income76B | - | - | - | - | €1,325 | - |
| Financial charges65/66B | - | - | €6,469 | €6,098 | €5,925 | ▼ 2.8% |
| Recurring financial charges65 | €7,485 | €6,932 | €6,469 | €6,098 | €5,925 | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €29,305 | €18,455 | €40,633 | -€35,295 | -€22,987 | ▲ 34.9% |
| Income taxes67/77 | €10,051 | -€560 | €4,791 | - | €6,534 | - |
| Profit (loss) for the period9904 | €19,254 | €19,015 | €35,842 | -€35,295 | -€29,521 | ▲ 16.4% |
| Profit (loss) for the period to be appropriated9905 | €19,254 | €19,015 | €35,842 | -€35,295 | -€29,521 | ▲ 16.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €638,438 | €620,125 | €625,983 | €563,104 | €501,361 | ▼ 11.0% |
| Fixed assets21/28 | €532,329 | €506,727 | €481,438 | €462,301 | €446,108 | ▼ 3.5% |
| Tangible fixed assets22/27 | €532,329 | €506,727 | €481,438 | €462,301 | €446,108 | ▼ 3.5% |
| Land and buildings22 | - | - | €481,438 | €462,301 | €445,507 | ▼ 3.6% |
| Plant, machinery and equipment23 | - | - | - | - | €601 | - |
| Current assets29/58 | €106,109 | €113,398 | €144,545 | €100,803 | €55,253 | ▼ 45.2% |
| Amounts receivable after more than one year29 | - | - | €17,200 | - | - | - |
| Other amounts receivable291 | - | - | €17,200 | - | - | - |
| Amounts receivable within one year40/41 | €17,200 | €17,200 | €19,369 | €23,457 | €6,301 | ▼ 73.1% |
| Other amounts receivable41 | - | - | €19,369 | €23,457 | €6,301 | ▼ 73.1% |
| Cash at bank and in hand54/58 | €35,109 | €61,798 | €107,975 | €67,770 | €44,981 | ▼ 33.6% |
| Deferred charges and accrued income490/1 | - | - | - | €9,576 | €3,971 | ▼ 58.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €638,438 | €620,125 | €625,983 | €563,104 | €501,361 | ▼ 11.0% |
| Equity10/15 | €315,536 | €334,551 | €370,393 | €335,099 | €305,578 | ▼ 8.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €247,336 | €266,351 | €302,193 | €266,899 | €237,378 | ▼ 11.1% |
| Amounts payable17/49 | €322,901 | €285,574 | €255,590 | €228,005 | €195,783 | ▼ 14.1% |
| Amounts payable after more than one year17 | €209,586 | €182,394 | €155,093 | €128,303 | €108,299 | ▼ 15.6% |
| Financial debts170/4 | - | - | €155,093 | €128,303 | €108,299 | ▼ 15.6% |
| Amounts payable within one year42/48 | €46,899 | €42,483 | €45,521 | €50,447 | €39,539 | ▼ 21.6% |
| Current portion of amounts payable after more than one year42 | - | - | €27,301 | €26,790 | €20,004 | ▼ 25.3% |
| Trade debts44 | €2,602 | €3,177 | €2,705 | €8,141 | €3,155 | ▼ 61.2% |
| Suppliers440/4 | - | - | €2,705 | €8,141 | €3,155 | ▼ 61.2% |
| Taxes, remuneration and social security45 | - | - | €3,400 | €3,400 | €3,400 | = |
| Remuneration and social security454/9 | - | - | €3,400 | €3,400 | €3,400 | = |
| Other amounts payable47/48 | - | - | €12,115 | €12,115 | €12,981 | ▲ 7.1% |
| Accrued charges and deferred income492/3 | - | - | €54,976 | €49,255 | €47,945 | ▼ 2.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,254 | €19,015 | €35,842 | -€35,295 | -€29,521 | ▲ 16.4% |
| + Depreciation and write-downs630 | €33,138 | €25,602 | €25,289 | €25,376 | €17,006 | ▼ 33.0% |
| Operating cash flow (approximation) | €52,392 | €44,616 | €61,131 | -€9,918 | -€12,515 | ▼ 26.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€6,239 | -€813 | ▲ 87.0% |
| Change in cash | - | €26,689 | €46,178 | -€40,206 | -€22,789 | ▲ 43.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€35,295
Net result drops to -€35,295, the lowest in the series; recovery starts the following year.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Highest result since 2018net €35,842 ▲88.5%
Operating result €46,930, net result €35,842, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
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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Directors · office · real estate
Directors
2 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, Beersel · 1 establishment unit since 1986
Ground area
437 m²
Building footprint
112 m²
Volume, LiDAR
908 m³
Parcel 23003A0327/00B002, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hoogstraat 47, 1650 Beersel
since 19862.036.956.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003A0327/00B002 | Flanders | 437 m² | 1 · 112 m² | 11.2 m · 3 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.
Identification & contact
Identification
Legal formPublic limited company
Founded23-04-1986
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.