IMMORENTECH
ActiveSummary
IMMORENTECH has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €3k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.49 against 5.32 in 2024; short-term debt: 17.8% and cash: 2.2% of total assets), and 17.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.2%
Return on assets
3.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
31 d late
2023
143 d late
2022
153 d late
2021
153 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▲ 4.6%
2024 · €66k
2018: €56klowest in 8 years
2019: €57k▲ +1.5% vs 2018
2020: €57k▲ +0.2% vs 2019
2021: €60k▲ +5.8% vs 2020
2022: €60k▲ +0.8% vs 2021
2023: €63k▲ +3.9% vs 2022
2024: €66k▲ +5.5% vs 2023
2025: €69k▲ +4.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€84k▲ 4.4%
2024 · €81k
2018: €79k
2019: €90k▲ +13.3% vs 2018
2020: €83k▼ -7.3% vs 2019
2021: €90k▲ +7.9% vs 2020
2022: €93k▲ +2.7% vs 2021highest in 8 years
2023: €74k▼ -20.2% vs 2022lowest in 8 years
2024: €81k▲ +9.4% vs 2023
2025: €84k▲ +4.4% vs 2024
2018 → 2025
Net result
€3k▼ 11.7%
2024 · €3k
2018: €4khighest in 8 years
2019: €838▼ -76.4% vs 2018
2020: €115▼ -86.3% vs 2019lowest in 8 years
2021: €3k▲ +2767% vs 2020
2022: €506▼ -84.7% vs 2021
2023: €2k▲ +369% vs 2022
2024: €3k▲ +46.4% vs 2023
2025: €3k▼ -11.7% vs 2024
2018 → 2025
Working capital
€67k▲ 7.3%
2024 · €63k
2018: €52klowest in 8 years
2019: €54k▲ +4.0% vs 2018
2020: €54k▲ +0.9% vs 2019
2021: €59k▲ +8.4% vs 2020
2022: €60k▲ +1.6% vs 2021
2023: €62k▲ +4.5% vs 2022
2024: €63k▲ +1.0% vs 2023
2025: €67k▲ +7.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€60k▲ 0.8%€63k▲ 3.9%€66k▲ 5.5%€69k▲ 4.6%
2021: €60klowest in 5 years
2022: €60k▲ +0.8% vs 2021
2023: €63k▲ +3.9% vs 2022
2024: €66k▲ +5.5% vs 2023
2025: €69k▲ +4.6% vs 2024highest in 5 years
Operating result€5k-€2k▼ 64.1%€6k▲ 240%€5k▼ 11.5%€5k▲ 0.5%
2021: €5k
2022: €2k▼ -64.1% vs 2021lowest in 5 years
2023: €6k▲ +240% vs 2022highest in 5 years
2024: €5k▼ -11.5% vs 2023
2025: €5k▲ +0.5% vs 2024
Net result€3k-€506▼ 84.7%€2k▲ 369%€3k▲ 46.4%€3k▼ 11.7%
2021: €3k
2022: €506▼ -84.7% vs 2021lowest in 5 years
2023: €2k▲ +369% vs 2022
2024: €3k▲ +46.4% vs 2023highest in 5 years
2025: €3k▼ -11.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€2k ▼ 44.3%
Current assets
€82k ▲ 6.5%
Equity and liabilities €84k
Equity
€69k ▲ 4.6%
Debt
€15k ▲ 3.3%
Debt's share of the balance-sheet total falls from 18.0% to 17.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €7k
Cash flow
€5k▼
2024 · €5k
Current ratio
5.49▲
2024 · 5.32
Quick ratio
5.11▼
2024 · 5.32
Debt to equity
0.22▼
2024 · 0.22
ROE
4.4%▼
2024 · 5.2%
ROA
3.6%▼
2024 · 4.3%
Interest coverage
1109.50▲
2024 · 102.71
Debt ≤ 1 year
€15k▲
2024 · €15k
Income taxes
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€81k€84k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€300€300=
Current assets29/58€77k€82k▲
Stocks and contracts in progress3-€6k
Contracts in progress37-€6k
Amounts receivable within one year40/41€55k€75k▲
Trade receivables40€49k€46k▼
Other amounts receivable41€6k€29k▲
Cash at bank and in hand54/58€22k€2k▼
Equity and liabilities
Total equity and liabilities10/49€81k€84k▲
Equity10/15€66k€69k▲
Contributions10/11€50k€50k=
Reserves13€16k€19k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€11k€14k▲
Amounts payable17/49€15k€15k▲
Amounts payable within one year42/48€15k€15k▲
Current portion of amounts payable after more than one year42€716€653▼
Trade debts44€334€2k▲
Suppliers440/4€334€2k▲
Taxes, remuneration and social security45€7k€715▼
Taxes450/3€2k€715▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€7k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€791▼
Gross operating margin9900€8k€7k▼
Operating profit (loss)9901€5k€5k▲
Financial charges65/66B€66€6▼
Recurring financial charges65€66€6▼
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€3k€3k▼
Profit (loss) for the period to be appropriated9905€3k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€3k▼
Transfer to equity691/2€3k€3k▼
To other reserves6921€3k€3k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €450 | €300 | €2k | €2k | ▼ 9.0% |
| Other operating charges640/8 | €621 | €886 | €977 | €1k | €791 | ▼ 23.4% |
| Gross operating margin9900 | €7k | €3k | €7k | €8k | €7k | ▼ 4.7% |
| Operating profit (loss)9901 | €5k | €2k | €6k | €5k | €5k | ▲ 0.5% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Financial charges65/66B | €506 | €438 | €171 | €66 | €6 | ▼ 90.9% |
| Recurring financial charges65 | €506 | €438 | €171 | €66 | €6 | ▼ 90.9% |
| Profit (loss) for the period before taxes9903 | €4k | €1k | €6k | €5k | €5k | ▲ 1.7% |
| Income taxes67/77 | €929 | €756 | €3k | €2k | €2k | ▲ 31.2% |
| Profit (loss) for the period9904 | €3k | €506 | €2k | €3k | €3k | ▼ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €3k | €506 | €2k | €3k | €3k | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €93k | €74k | €81k | €84k | ▲ 4.4% |
| Fixed assets21/28 | €1k | €841 | €541 | €3k | €2k | ▼ 44.3% |
| Tangible fixed assets22/27 | €991 | €541 | €241 | €3k | €2k | ▼ 48.5% |
| Plant, machinery and equipment23 | €841 | €541 | €241 | - | - | - |
| Furniture and vehicles24 | €150 | - | - | €3k | €2k | ▼ 48.5% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €89k | €92k | €73k | €77k | €82k | ▲ 6.5% |
| Stocks and contracts in progress3 | €11k | €24k | €20k | - | €6k | - |
| Stocks30/36 | €6k | €7k | €7k | - | - | - |
| Contracts in progress37 | €5k | €17k | €14k | - | €6k | - |
| Amounts receivable within one year40/41 | €68k | €64k | €40k | €55k | €75k | ▲ 35.1% |
| Trade receivables40 | €67k | €61k | €32k | €49k | €46k | ▼ 6.3% |
| Other amounts receivable41 | €468 | €3k | €8k | €6k | €29k | ▲ 372% |
| Cash at bank and in hand54/58 | €9k | €3k | €13k | €22k | €2k | ▼ 91.7% |
| Deferred charges and accrued income490/1 | €740 | €399 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €93k | €74k | €81k | €84k | ▲ 4.4% |
| Equity10/15 | €60k | €60k | €63k | €66k | €69k | ▲ 4.6% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €10k | €10k | €13k | €16k | €19k | ▲ 18.8% |
| Non-distributable reserves130/1 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | €5k | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | €5k | €5k | €8k | €11k | €14k | ▲ 27.2% |
| Amounts payable17/49 | €30k | €32k | €11k | €15k | €15k | ▲ 3.3% |
| Amounts payable within one year42/48 | €30k | €32k | €11k | €15k | €15k | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | €737 | €717 | €716 | €653 | ▼ 8.8% |
| Trade debts44 | €809 | €958 | €1k | €334 | €2k | ▲ 576% |
| Suppliers440/4 | €809 | €958 | €1k | €334 | €2k | ▲ 576% |
| Taxes, remuneration and social security45 | €2k | €3k | €4k | €7k | €715 | ▼ 89.4% |
| Taxes450/3 | €792 | €117 | €719 | €2k | €715 | ▼ 70.9% |
| Remuneration and social security454/9 | €1k | €3k | €3k | €4k | - | - |
| Other amounts payable47/48 | €28k | €27k | €5k | €7k | €11k | ▲ 68.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €506 | €2k | €3k | €3k | ▼ 11.7% |
| + Depreciation and write-downs630 | €1k | €450 | €300 | €2k | €2k | ▼ 9.0% |
| Operating cash flow (approximation) | €5k | €956 | €3k | €5k | €5k | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-5k | €0 | ▲ 100% |
| Change in cash | - | €-6k | €10k | €9k | €-20k | ▼ 325% |
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 143 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 6.62
Current ratio from 2.86 to 6.62; short-term debt falls from €32k to €11k.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €115 ▼86.3%
Net result drops to €115, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Diepenbeek · 1 establishment unit since 2012
Ground area
2,000 m²
Building footprint
220 m²
Parcel 71402D0653/00E002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Immorentech
since 20122.215.825.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D0653/00E002 | Flanders | 2,000 m² | 1 · 220 m² | - |
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.
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Of 1,295 companies in sector 68122 we hold annual accounts for 903. 506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
43990Other specialised construction activities
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.