IMMOSAFE
ActiveSummary
IMMOSAFE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,025) and a net result of -€24,717. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-69
Solvency0▼-26
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.57 in 2024; short-term debt: 139.1% and cash: 27.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 2025Solvency, return and age of the figures
Solvency
-39.1%
Return on assets
-40.2%
Age of the figures
12 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€24,025
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€24,025
2024 · €692
Total assets
€61,499▼ 44.3%
2024 · €110,443
Net result
-€24,717
2024 · €178
Working capital
-€65,588▼ 39.2%
2024 · -€47,131
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€36,799▲ 54.5%€8,348-€9,639€569-€24,023
Net result-€37,314below the sector's middle half▲ 54.9%€8,323within the sector's middle half-€10,164within the sector's middle half€178within the sector's middle half-€24,717below the sector's middle half
Equity€2,355below the sector's middle half▼ 94.1%€10,677below the sector's middle half▲ 353%€514below the sector's middle half▼ 95.2%€692below the sector's middle half▲ 34.7%-€24,025below the sector's middle half
Total assets€141,898below the sector's middle half▲ 36.7%€69,213below the sector's middle half▼ 51.2%€142,248below the sector's middle half▲ 106%€110,443below the sector's middle half▼ 22.4%€61,499below the sector's middle half▼ 44.3%
Debt€139,543▲ 117%€58,536▼ 58.1%€141,735▲ 142%€109,751▼ 22.6%€85,524▼ 22.1%
Working capital-€11,769€7,579-€39,339-€47,131▼ 19.8%-€65,588▼ 39.2%
Solvency1.7%below the sector's middle half▼ 36.5pp15.4%within the sector's middle half▲ 13.8pp0.4%below the sector's middle half▼ 15.1pp0.6%below the sector's middle half▲ 0.3pp-39.1%below the sector's middle half▼ 39.7pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24,023 after €569 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,499
Fixed assets
€41,563 ▼ 13.1%
Current assets
€19,936 ▼ 68.2%
Key figures and ratios
EBITDA
-€17,149▼
2024 · €2,156
Cash flow
-€17,844▼
2024 · €1,765
Current ratio
0.23▼
2024 · 0.57
Debt to equity
-3.56
ROA
-40.2%▼
2024 · 0.2%
Interest coverage
-31.01▼
2024 · 8.41
Debt ≤ 1 year
€85,524▼
2024 · €109,751
Income taxes
€142▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,000 | €0 | - | - |
| Remuneration, social security and pensions62 | €7,421 | €20,334 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,401 | €12,913 | €3,451 | €1,587 | €6,874 | ▲ 333% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €1,441 | €1,347 | €531 | €736 | €6,453 | ▲ 777% |
| Non-recurring operating charges66A | - | - | €3,438 | €0 | €18,091 | - |
| Gross operating margin9900 | -€15,536 | €42,942 | -€2,218 | €2,892 | €7,395 | ▲ 156% |
| Operating profit (loss)9901 | -€36,799 | €8,348 | -€9,639 | €569 | -€24,023 | ▼ 4,324% |
| Financial income75/76B | €7 | €97 | €56 | €6 | €0 | ▼ 99.8% |
| Recurring financial income75 | €7 | €97 | €56 | €6 | €0 | ▼ 99.8% |
| Financial charges65/66B | €270 | €122 | €48 | €256 | €553 | ▲ 116% |
| Recurring financial charges65 | €270 | €122 | €48 | €256 | €553 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | -€37,062 | €8,323 | -€9,630 | €318 | -€24,576 | ▼ 7,821% |
| Income taxes67/77 | €252 | €0 | €534 | €140 | €142 | ▲ 1.1% |
| Profit (loss) for the period9904 | -€37,314 | €8,323 | -€10,164 | €178 | -€24,717 | ▼ 13,956% |
| Profit (loss) for the period to be appropriated9905 | -€37,314 | €8,323 | -€10,164 | €178 | -€24,717 | ▼ 13,956% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €141,898 | €69,213 | €142,248 | €110,443 | €61,499 | ▼ 44.3% |
| Fixed assets21/28 | €14,123 | €3,098 | €39,852 | €47,823 | €41,563 | ▼ 13.1% |
| Tangible fixed assets22/27 | €14,015 | €2,990 | €39,852 | €47,823 | €41,563 | ▼ 13.1% |
| Furniture and vehicles24 | €14,015 | €2,990 | €39,852 | €40,770 | €29,694 | ▼ 27.2% |
| Other tangible fixed assets26 | - | - | - | €7,054 | €11,869 | ▲ 68.3% |
| Financial fixed assets28 | €108 | €108 | €0 | - | - | - |
| Current assets29/58 | €127,774 | €66,115 | €102,396 | €62,619 | €19,936 | ▼ 68.2% |
| Stocks and contracts in progress3 | €34,806 | €0 | - | - | - | - |
| Stocks30/36 | €34,806 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €38,417 | €16,341 | €18,201 | €29,666 | €497 | ▼ 98.3% |
| Trade receivables40 | €22,588 | €6,529 | €12,293 | €24,279 | €339 | ▼ 98.6% |
| Other amounts receivable41 | €15,829 | €9,812 | €5,909 | €5,387 | €158 | ▼ 97.1% |
| Cash at bank and in hand54/58 | €44,643 | €48,819 | €83,321 | €32,003 | €17,145 | ▼ 46.4% |
| Deferred charges and accrued income490/1 | €9,908 | €955 | €874 | €950 | €2,294 | ▲ 141% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €141,898 | €69,213 | €142,248 | €110,443 | €61,499 | ▼ 44.3% |
| Equity10/15 | €2,355 | €10,677 | €514 | €692 | -€24,025 | ▼ 3,572% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €0 | - | - | - | - | - |
| Issued capital100 | €0 | - | - | - | - | - |
| Outside capital11 | €20,000 | €20,000 | - | - | - | - |
| Other1109/19 | €20,000 | €20,000 | - | - | - | - |
| Reserves13 | €102,458 | €102,458 | €102,458 | €102,458 | €102,458 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Legal reserve130 | €0 | - | - | - | - | - |
| Other1319 | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Distributable reserves133 | €100,458 | €100,458 | €100,458 | €102,458 | €102,458 | = |
| Profit (loss) carried forward14 | -€120,103 | -€111,780 | -€121,944 | -€121,766 | -€146,483 | ▼ 20.3% |
| Amounts payable17/49 | €139,543 | €58,536 | €141,735 | €109,751 | €85,524 | ▼ 22.1% |
| Amounts payable within one year42/48 | €139,543 | €58,536 | €141,735 | €109,751 | €85,524 | ▼ 22.1% |
| Financial debts43 | €333 | €0 | - | €1,162 | €0 | ▼ 100% |
| Credit institutions430/8 | €333 | €0 | - | €1,162 | €0 | ▼ 100% |
| Trade debts44 | €37,699 | €11,217 | €16,315 | €19,264 | €10,510 | ▼ 45.4% |
| Suppliers440/4 | €37,699 | €11,217 | €16,315 | €19,264 | €10,510 | ▼ 45.4% |
| Advances received on contracts in progress46 | €30,000 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €1,261 | €266 | €1,044 | €525 | €1,934 | ▲ 269% |
| Taxes450/3 | €252 | €266 | €1,044 | €525 | €1,934 | ▲ 269% |
| Remuneration and social security454/9 | €1,009 | €0 | - | - | - | - |
| Other amounts payable47/48 | €70,251 | €47,053 | €124,376 | €88,800 | €73,080 | ▼ 17.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€37,314 | €8,323 | -€10,164 | €178 | -€24,717 | ▼ 13,956% |
| + Depreciation and write-downs630 | €12,401 | €12,913 | €3,451 | €1,587 | €6,874 | ▲ 333% |
| Operating cash flow (approximation) | -€24,913 | €21,236 | -€6,713 | €1,765 | -€17,844 | ▼ 1,111% |
| Investment in fixed assets (approximation) | - | -€1,888 | -€40,205 | -€9,558 | -€613 | ▲ 93.6% |
| Change in cash | - | €4,176 | €34,502 | -€51,318 | -€14,858 | ▲ 71.0% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €178
Net result €178 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €8,323
Net result €8,323 after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€82,789
Net result drops to -€82,789, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €22,305
Net result €22,305 after one loss-making year.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 19 days late
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, Berlare · 1 establishment unit since 2006
Ground area
864 m²
Building footprint
147 m²
Volume, LiDAR
661 m³
Parcel 42017D0540/00H000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMOSAFE cvba
since 20062.152.913.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017D0540/00H000 | Flanders | 864 m² | 1 · 147 m² | 6.8 m · 2 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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
48%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,907. 476 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
Founded11-04-2006
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880647063
Also
9925:BE0880647063
Registered
11-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.