Skip to content

Immosem

Active
Public limited companyfounded 196956 yrs activeMechelsesteenweg 177, 2540 Hove, BelgiumKBO/BCE: BE 0406.916.384
Summary

Immosem has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €330,349 and a net result of -€50,663. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability8▼-15
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.25 in 2023; short-term debt: 22.3% and cash: 1.7% of total assets), and 22.3% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 56 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
77.7%
Return on assets
-11.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€50,663
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
33 d early
2022
30 d early
2021
26 d early
2020
33 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 32 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Immosem was incorporated on 26 November 1969.1 Total assets fell from EUR 512,135 in 2018 to EUR 425,160 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€330,349▼ 13.3%
2023 · €381,012
Total assets
€425,160▼ 1.2%
2023 · €430,283
Net result
-€50,663▼ 99.4%
2023 · -€25,407
Working capital
-€87,599▼ 137%
2023 · -€36,935
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
Line20202021202220232024
Operating result-€34,582▼ 11.5%-€16,648▲ 51.9%-€17,419▼ 4.6%-€25,383▼ 45.7%-€50,635▼ 99.5%
Net result-€34,527▼ 18.7%-€16,671▲ 51.7%-€17,443▼ 4.6%-€25,407▼ 45.7%-€50,663▼ 99.4%
Equity€440,533▼ 7.3%€423,863▼ 3.8%€406,419▼ 4.1%€381,012▼ 6.3%€330,349▼ 13.3%
Total assets€459,296▼ 4.9%€445,281▼ 3.1%€437,545▼ 1.7%€430,283▼ 1.7%€425,160▼ 1.2%
Debt€18,763▲ 135%€21,418▲ 14.2%€31,125▲ 45.3%€49,271▲ 58.3%€94,811▲ 92.4%
Working capital€22,586▼ 59.9%€5,915▼ 73.8%-€11,528-€36,935▼ 220%-€87,599▼ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2020: -€34,582-€34,582Net result 2020: -€34,527-€34,527Operating result 2021: -€16,648-€16,648Net result 2021: -€16,671-€16,671Operating result 2022: -€17,419-€17,419Net result 2022: -€17,443-€17,443Operating result 2023: -€25,383-€25,383Net result 2023: -€25,407-€25,407Operating result 2024: -€50,635-€50,635Net result 2024: -€50,663-€50,66320202021202220232024-€60,000-€40,000-€20,000€0Operating result 2022: -€17,419-€17,400Net result 2022: -€17,443-€17,400Operating result 2023: -€25,383-€25,400Net result 2023: -€25,407-€25,400Operating result 2024: -€50,635-€50,600Net result 2024: -€50,663-€50,700202220232024
The operating result stays negative: a loss of €50,635 in 2024 against €25,383 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €425,160
Fixed assets €417,948 =
Current assets €7,212 ▼ 41.5%
Equity and liabilities €425,160
Equity €330,349 ▼ 13.3%
Debt €94,811 ▲ 92.4%
Debt's share of the balance-sheet total rises from 11.5% to 22.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.08▼
2023 · 0.25
Debt to equity
0.29▲
2023 · 0.13
ROE
-15.3%▼
2023 · -6.7%
ROA
-11.9%▼
2023 · -5.9%
Debt ≤ 1 year
€94,811▲
2023 · €49,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
14% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 5,827 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€430,283€425,160▼
Fixed assets21/28€417,948€417,948=
Tangible fixed assets22/27€417,948€417,948=
Land and buildings22€417,948€417,948=
Current assets29/58€12,335€7,212▼
Cash at bank and in hand54/58€12,335€7,212▼
Equity and liabilities
Total equity and liabilities10/49€430,283€425,160▼
Equity10/15€381,012€330,349▼
Contributions10/11€572,500€572,500=
Capital10€572,500€572,500=
Issued capital100€572,500€572,500=
Reserves13€54,948€54,948=
Non-distributable reserves130/1€54,948€54,948=
Legal reserve130€54,948€54,948=
Profit (loss) carried forward14-€246,436-€297,099▼
Amounts payable17/49€49,271€94,811▲
Amounts payable within one year42/48€49,271€94,811▲
Trade debts44€6,044€6,584▲
Suppliers440/4€6,044€6,584▲
Taxes, remuneration and social security45€963€963=
Taxes450/3€963€963=
Other amounts payable47/48€42,264€87,264▲
Income statement Code20232024
Other operating charges640/8€6,140€36,414▲
Gross operating margin9900-€19,244-€14,220▲
Operating profit (loss)9901-€25,383-€50,635▼
Financial charges65/66B€24€29▲
Recurring financial charges65€24€29▲
Profit (loss) for the period before taxes9903-€25,407-€50,663▼
Profit (loss) for the period9904-€25,407-€50,663▼
Profit (loss) for the period to be appropriated9905-€25,407-€50,663▼
Appropriation of the result
Profit (loss) to be appropriated9906-€246,436-€297,099▼
Profit (loss) brought forward from the previous period14P-€221,029-€246,436▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€5,556€5,690€6,140€36,414▲ 493%
Gross operating margin9900-€29,068-€11,092-€11,730-€19,244-€14,220▲ 26.1%
Operating profit (loss)9901-€34,582-€16,648-€17,419-€25,383-€50,635▼ 99.5%
Recurring financial income75€76-----
Financial charges65/66B-€23€24€24€29▲ 18.8%
Recurring financial charges65€21€23€24€24€29▲ 18.8%
Profit (loss) for the period before taxes9903-€34,527-€16,671-€17,443-€25,407-€50,663▼ 99.4%
Profit (loss) for the period9904-€34,527-€16,671-€17,443-€25,407-€50,663▼ 99.4%
Profit (loss) for the period to be appropriated9905-€34,527-€16,671-€17,443-€25,407-€50,663▼ 99.4%
Line20202021202220232024Change
Assets
Total assets20/58€459,296€445,281€437,545€430,283€425,160▼ 1.2%
Fixed assets21/28€417,948€417,948€417,948€417,948€417,948=
Tangible fixed assets22/27€417,948€417,948€417,948€417,948€417,948=
Land and buildings22-€417,948€417,948€417,948€417,948=
Current assets29/58€41,349€27,333€19,597€12,335€7,212▼ 41.5%
Cash at bank and in hand54/58€41,349€27,333€19,597€12,335€7,212▼ 41.5%
Equity and liabilities
Total equity and liabilities10/49€459,296€445,281€437,545€430,283€425,160▼ 1.2%
Equity10/15€440,533€423,863€406,419€381,012€330,349▼ 13.3%
Contributions10/11€572,500€572,500€572,500€572,500€572,500=
Capital10-€572,500€572,500€572,500€572,500=
Issued capital100-€572,500€572,500€572,500€572,500=
Reserves13€54,948€54,948€54,948€54,948€54,948=
Non-distributable reserves130/1-€54,948€54,948€54,948€54,948=
Legal reserve130-€54,948€54,948€54,948€54,948=
Profit (loss) carried forward14-€186,915-€203,586-€221,029-€246,436-€297,099▼ 20.6%
Amounts payable17/49€18,763€21,418€31,125€49,271€94,811▲ 92.4%
Amounts payable within one year42/48€18,763€21,418€31,125€49,271€94,811▲ 92.4%
Trade debts44€2,536€5,192€5,899€6,044€6,584▲ 8.9%
Suppliers440/4-€5,192€5,899€6,044€6,584▲ 8.9%
Taxes, remuneration and social security45-€963€963€963€963=
Taxes450/3-€963€963€963€963=
Other amounts payable47/48-€15,264€24,264€42,264€87,264▲ 106%
Line20202021202220232024Change
Profit (loss) for the period9904-€34,527-€16,671-€17,443-€25,407-€50,663▼ 99.4%
Operating cash flow (approximation)-€34,527-€16,671-€17,443-€25,407-€50,663▼ 99.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€14,015-€7,736-€7,262-€5,123▲ 29.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€50,663
Net result drops to -€50,663, the lowest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
01-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hove · 1 establishment unit since 1970
seat establishment The establishment unit on the map
Ground area
1,425 m²
Building footprint
509 m²
Volume, LiDAR
3,899 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Palmenlaan 2, 2020 Antwerpen
Activities of head offices; management consultancy activities
since 19702.003.654.665
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11812M0005/00H000 Flanders 1,061 m² 1 · 146 m² 14.6 m · 3 fl.
11021A0027/00H000 Flanders 364 m² 1 · 363 m² 10.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
Founded26-11-1969
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?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.