Financials
- Fiscal year
- 2025
- Total assets
- €2.4m
- Loss
- -€214,593
- Solvency
- 24.3%
Total assets▲ 10.7%
Net result
20182025
Immostal
ActiveSummary
Immostal has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €590,421 and a net result of -€214,593. Equity is shrinking by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Activity not known1 site
Size
€2.4mtotal assets 2025
- Equity
- €590,421
- Loss
- -€214,593
Turnover not published (abridged schema)
Structure
- Parent
- The Good Life Fund · 100%
- Board
- 1 member
Accounts 127 d early2 of 10 deeds read
Why 80- Liquidity: current ratio 0.36, cash €963- Loss of €214,593, the second in a row (FY 2025)+ Size: total assets €2.4m+ No main activity registeredShow the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 22% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
49-13
equity 24.3% of total assets
Liquidity
50=
short-term debt 4.6% · cash 0.0%
Profitability
8-4
return on assets -8.8%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 0.3%lowest value
12-2025: 0.3%● 0.0% vs 11-2025lowest value
01-2026: 0.3%● 0.0% vs 12-2025lowest value
02-2026: 0.3%● 0.0% vs 01-2026lowest value
03-2026: 0.3%● 0.0% vs 02-2026lowest value
04-2026: 0.4%▲ +43.9% vs 03-2026highest value
05-2026: 0.4%● 0.0% vs 04-2026highest value
06-2026: 0.4%● 0.0% vs 05-2026highest value
07-2026: 0.4%● 0.0% vs 06-2026highest value
08-2026: 0.4%● 0.0% vs 07-2026highest value
09-2026: 0.4%● 0.0% vs 08-2026highest value
10-2026: 0.4%● 0.0% vs 09-2026highest value
- Size: total assets €2.4m lowers the probability for this profile
- Liquidity: current ratio 0.36, cash €963 raises the probability
- Loss of €214,593, the second in a row (FY 2025) raises the probability
- No main activity registered lowers the probability
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.54 in 2024; short-term debt: 4.6% and cash: 0% of total assets), and 75.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 31%, liquidity 45%, profitability 2%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€214,593
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 26-03-2026, 127 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
127 d early
2024
37 d early
2023
23 d early
2022
24 d early
2021
30 d late
2020
31 d early
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 29 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 (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 7 July (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: The Good Life Fund (director)Permanent representatives: Nicolas Bearelle and…
- Capital & sharesPower of attorney
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
- Risk: 5 loss-making years in a rowloss fiscal year 2025 -€214,593 View
- Caution: Result fell in 2025from -€116,914 to -€214,593 ▼ 83.5% View
- Caution: Board changedlatest change 08-09-2026 · 1 in office 1 joined · 1 left View
- Controlled by The Good Life Fund 100% View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
- Active since 1977founded 01-12-1977 48 years View
By topic
Board & ownership
- Board
- 1 member
- Parent
- The Good Life Fund · 100%
Go to Board & ownership
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-09-2026Resignation: The Good Life Fund (director)
- 05-05-2026Capital & shares
- 26-03-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 01-12-1977
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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