IMMOSPHAERA
ActiveSummary
IMMOSPHAERA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €40,311. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+6
Solvency26▼-74
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
1%
Return on assets
19.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 14258 sector peers (2025).
NBB · sector comparisonPosition among 14258 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
49 d early
2024
42 d early
2023
9 d late
2022
13 d late
2021
52 d early
2020
15 d early
2019
75 d late
← 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 9 days 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2,000▼ 98.8%
2024 · €161,033
Total assets
€208,969▲ 23.8%
2024 · €168,832
Net result
€40,311▲ 67.7%
2024 · €24,034
Working capital
-€925
2024 · €156,518
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€43,444▲ 31.9%€49,998▲ 15.1%€42,074▼ 15.8%€31,032▼ 26.2%€51,943▲ 67.4%
Net result€32,864above the sector's middle half▲ 36.2%€38,365above the sector's middle half▲ 16.7%€32,736above the sector's middle half▼ 14.7%€24,034within the sector's middle half▼ 26.6%€40,311above the sector's middle half▲ 67.7%
Equity€65,898within the sector's middle half▲ 99.5%€104,263within the sector's middle half▲ 58.2%€136,999within the sector's middle half▲ 31.4%€161,033within the sector's middle half▲ 17.5%€2,000below the sector's middle half▼ 98.8%
Total assets€94,129below the sector's middle half▲ 63.7%€122,219below the sector's middle half▲ 29.8%€160,393within the sector's middle half▲ 31.2%€168,832within the sector's middle half▲ 5.3%€208,969within the sector's middle half▲ 23.8%
Debt€28,231▲ 15.4%€17,956▼ 36.4%€23,394▲ 30.3%€7,798▼ 66.7%€206,969▲ 2,554%
Working capital€61,703within the sector's middle half▲ 141%€103,858within the sector's middle half▲ 68.3%€136,142above the sector's middle half▲ 31.1%€156,518above the sector's middle half▲ 15.0%-€925within the sector's middle half
Solvency70.0%above the sector's middle half▲ 12.6pp85.3%above the sector's middle half▲ 15.3pp85.4%above the sector's middle half▲ 0.1pp95.4%above the sector's middle half▲ 10.0pp1.0%below the sector's middle half▼ 94.4pp
Current ratio3.19above the sector's middle half▲ 0.916.78above the sector's middle half▲ 3.606.82above the sector's middle half▲ 0.0421.07above the sector's middle half▲ 14.251.00within the sector's middle half▼ 20.07
Return on assets (ROA)34.9%above the sector's middle half▼ 7.1pp31.4%above the sector's middle half▼ 3.5pp20.4%above the sector's middle half▼ 11.0pp14.2%above the sector's middle half▼ 6.2pp19.3%above the sector's middle half▲ 5.1pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €208,969
Fixed assets
€2,925 ▼ 35.2%
Current assets
€206,043 ▲ 25.4%
Equity and liabilities €208,969
Equity
€2,000 ▼ 98.8%
Debt
€206,969 ▲ 2,554%
Debt's share of the balance-sheet total rises from 4.6% to 99.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€53,534▲
2024 · €31,648
Cash flow
€41,902▲
2024 · €24,651
Interest coverage
230.01▲
2024 · 169.72
Debt ≤ 1 year
€206,969▲
2024 · €7,798
Income taxes
€11,399▲
2024 · €6,811
A ratio outside any meaningful range has been withheld (balance sheet total €208,969, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,153 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,575 | €3,789 | €44 | €616 | €1,590 | ▲ 158% |
| Other operating charges640/8 | - | €348 | €384 | €384 | €403 | ▲ 4.7% |
| Gross operating margin9900 | €51,018 | €54,135 | €42,503 | €32,033 | €53,936 | ▲ 68.4% |
| Operating profit (loss)9901 | €43,444 | €49,998 | €42,074 | €31,032 | €51,943 | ▲ 67.4% |
| Financial income75/76B | €1 | - | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | €981 | €405 | €180 | €186 | €233 | ▲ 24.8% |
| Recurring financial charges65 | €981 | €405 | €180 | €186 | €233 | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | €42,463 | €49,593 | €41,894 | €30,845 | €51,711 | ▲ 67.6% |
| Income taxes67/77 | €9,599 | €11,228 | €9,158 | €6,811 | €11,399 | ▲ 67.4% |
| Profit (loss) for the period9904 | €32,864 | €38,365 | €32,736 | €24,034 | €40,311 | ▲ 67.7% |
| Profit (loss) for the period to be appropriated9905 | €32,864 | €38,365 | €32,736 | €24,034 | €40,311 | ▲ 67.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,129 | €122,219 | €160,393 | €168,832 | €208,969 | ▲ 23.8% |
| Fixed assets21/28 | €4,194 | €405 | €857 | €4,516 | €2,925 | ▼ 35.2% |
| Tangible fixed assets22/27 | €3,789 | - | €452 | €4,111 | €2,520 | ▼ 38.7% |
| Furniture and vehicles24 | €334 | - | €452 | €4,111 | €2,520 | ▼ 38.7% |
| Leasing and similar rights25 | €3,455 | - | - | - | - | - |
| Financial fixed assets28 | €405 | €405 | €405 | €405 | €405 | = |
| Current assets29/58 | €89,935 | €121,814 | €159,536 | €164,316 | €206,043 | ▲ 25.4% |
| Amounts receivable within one year40/41 | €9,766 | €8,492 | €26,809 | €13,632 | €11,473 | ▼ 15.8% |
| Trade receivables40 | €9,750 | €8,492 | €24,738 | €10,444 | €11,473 | ▲ 9.9% |
| Other amounts receivable41 | €16 | - | €2,070 | €3,189 | - | - |
| Cash at bank and in hand54/58 | €80,169 | €113,187 | €132,593 | €150,549 | €194,571 | ▲ 29.2% |
| Deferred charges and accrued income490/1 | - | €135 | €135 | €135 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,129 | €122,219 | €160,393 | €168,832 | €208,969 | ▲ 23.8% |
| Equity10/15 | €65,898 | €104,263 | €136,999 | €161,033 | €2,000 | ▼ 98.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €63,898 | €102,263 | €134,999 | €159,033 | - | - |
| Amounts payable17/49 | €28,231 | €17,956 | €23,394 | €7,798 | €206,969 | ▲ 2,554% |
| Amounts payable within one year42/48 | €28,231 | €17,956 | €23,394 | €7,798 | €206,969 | ▲ 2,554% |
| Current portion of amounts payable after more than one year42 | €4,337 | - | - | - | - | - |
| Trade debts44 | €1,323 | €837 | €12,074 | €709 | €1,233 | ▲ 74.0% |
| Suppliers440/4 | €1,323 | €837 | €12,074 | €709 | €1,233 | ▲ 74.0% |
| Taxes, remuneration and social security45 | €22,571 | €17,083 | €11,285 | €7,055 | €6,330 | ▼ 10.3% |
| Taxes450/3 | €22,571 | €17,083 | €11,285 | €7,055 | €6,330 | ▼ 10.3% |
| Other amounts payable47/48 | - | €36 | €36 | €34 | €199,406 | ▲ 580,413% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,864 | €38,365 | €32,736 | €24,034 | €40,311 | ▲ 67.7% |
| + Depreciation and write-downs630 | €7,575 | €3,789 | €44 | €616 | €1,590 | ▲ 158% |
| Operating cash flow (approximation) | €40,439 | €42,154 | €32,780 | €24,651 | €41,902 | ▲ 70.0% |
| Investment in fixed assets (approximation) | - | €0 | -€496 | -€4,275 | €0 | ▲ 100% |
| Change in cash | - | €33,018 | €19,406 | €17,956 | €44,022 | ▲ 145% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €40,311 ▲67.7%
Operating result €51,943, net result €40,311, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 21.07
Current ratio from 6.82 to 21.07; short-term debt falls from €23,394 to €7,798.
31-12
Financial
Equity above €150,000Eq €161,033 ▲17.5%
6 profitable years in a row build equity to €161,033.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 6.78
Current ratio from 3.19 to 6.78; short-term debt falls from €28,231 to €17,956.
31-12
Financial
Equity above €100,000Eq €104,263 ▲58.2%
4 profitable years in a row build equity to €104,263.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.27
Current ratio from 1.04 to 2.27.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Evere · 1 establishment unit since 2019
Ground area
5,643 m²
Building footprint
759 m²
Volume, LiDAR
29,000 m³
Parcel 21372D0024/00H000, Brussels · tallest building 42.1 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
IMMOSPHAERA
since 20192.291.446.440
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0024/00H000 | Brussels | 5,643 m² | 1 · 759 m² | 42.0 m · 13 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500Q9A59B705A4897
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 1,291 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
Founded16-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730750389
Registered
25-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.