IMMOSTELLA
ActiveSummary
IMMOSTELLA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €24k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 46% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+8
Solvency50▲+9
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.1 in 2024; short-term debt: 75.5% and cash: 7.4% of total assets), and 75.5% of the assets are financed with debt.
Credit check for your own amount and term
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
24.5%
Return on assets
10.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €58k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
58 d late
2022
13 d early
2021
31 d early
2020
89 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
€58k▲ 72.7%
2024 · €34k
2020: €54k
2021: €57k▲ +4.4% vs 2020
2022: €27k▼ -52.0% vs 2021
2023: €25k▼ -7.0% vs 2022lowest in 6 years
2024: €34k▲ +32.4% vs 2023
2025: €58k▲ +72.7% vs 2024highest in 6 years
2020 → 2025
Total assets
€236k▲ 11.6%
2024 · €212k
2020: €104k
2021: €110k▲ +4.9% vs 2020
2022: €46k▼ -58.0% vs 2021lowest in 6 years
2023: €220k▲ +379% vs 2022
2024: €212k▼ -3.9% vs 2023
2025: €236k▲ +11.6% vs 2024highest in 6 years
2020 → 2025
Net result
€24k▲ 197%
2024 · €8k
2020: €49khighest in 6 years
2021: €2k▼ -95.2% vs 2020
2022: €-29k▼ -1337% vs 2021lowest in 6 years
2023: €-2k▲ +93.6% vs 2022
2024: €8k▲ +532% vs 2023
2025: €24k▲ +197% vs 2024
2020 → 2025
Working capital
€-136k▲ 15.4%
2024 · €-161k
2020: €34khighest in 6 years
2021: €29k▼ -12.5% vs 2020
2022: €8k▼ -73.8% vs 2021
2023: €-175k▼ -2364% vs 2022lowest in 6 years
2024: €-161k▲ +8.1% vs 2023
2025: €-136k▲ +15.4% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€27k▼ 52.0%€25k▼ 7.0%€34k▲ 32.4%€58k▲ 72.7%
2021: €57k
2022: €27k▼ -52.0% vs 2021
2023: €25k▼ -7.0% vs 2022lowest in 5 years
2024: €34k▲ +32.4% vs 2023
2025: €58k▲ +72.7% vs 2024highest in 5 years
Operating result€7k-€-29k€-1k▲ 95.1%€10k€33k▲ 225%
2021: €7k
2022: €-29k▼ -496% vs 2021lowest in 5 years
2023: €-1k▲ +95.1% vs 2022
2024: €10k▲ +809% vs 2023
2025: €33k▲ +225% vs 2024highest in 5 years
Net result€2k-€-29k€-2k▲ 93.6%€8k€24k▲ 197%
2021: €2k
2022: €-29k▼ -1337% vs 2021lowest in 5 years
2023: €-2k▲ +93.6% vs 2022
2024: €8k▲ +532% vs 2023
2025: €24k▲ +197% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 225% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€194k ▼ 0.2%
Current assets
€42k ▲ 142%
Equity and liabilities €236k
Equity
€58k ▲ 72.7%
Debt
€178k ▲ 0.1%
Debt's share of the balance-sheet total falls from 84.2% to 75.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2024 · €19k
Cash flow
€26k▲
2024 · €17k
Current ratio
0.24▲
2024 · 0.10
Debt to equity
3.08▼
2024 · 5.31
ROE
42.1%▲
2024 · 24.5%
ROA
10.3%▲
2024 · 3.9%
Interest coverage
279.40▲
2024 · 112.14
Debt ≤ 1 year
€178k▲
2024 · €178k
Income taxes
€9k▲
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€212k€236k▲
Fixed assets21/28€194k€194k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Financial fixed assets28€189k€189k=
Current assets29/58€17k€42k▲
Amounts receivable within one year40/41€8k€25k▲
Trade receivables40€6k€6k=
Other amounts receivable41€1k€19k▲
Cash at bank and in hand54/58€8k€17k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€212k€236k▲
Equity10/15€34k€58k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€29k€53k▲
Amounts payable17/49€178k€178k▲
Amounts payable within one year42/48€178k€178k▲
Financial debts43-€792
Credit institutions430/8-€792
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€170k€170k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€2k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€21k€38k▲
Operating profit (loss)9901€10k€33k▲
Financial income75/76B€44€470▲
Recurring financial income75€44€470▲
Financial charges65/66B€168€124▼
Recurring financial charges65€168€124▼
Profit (loss) for the period before taxes9903€10k€33k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€8k€24k▲
Profit (loss) for the period to be appropriated9905€8k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€53k▲
Profit (loss) brought forward from the previous period14P€20k€29k▲
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €64 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €11k | €10k | €9k | €2k | ▼ 76.9% |
| Other operating charges640/8 | €868 | €2k | €1k | €2k | €1k | ▼ 26.7% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €18k | €-16k | €10k | €21k | €38k | ▲ 81.7% |
| Operating profit (loss)9901 | €7k | €-29k | €-1k | €10k | €33k | ▲ 225% |
| Financial income75/76B | €1 | - | - | €44 | €470 | ▲ 962% |
| Recurring financial income75 | €1 | - | - | €44 | €470 | ▲ 962% |
| Financial charges65/66B | €518 | €412 | €155 | €168 | €124 | ▼ 26.2% |
| Recurring financial charges65 | €518 | €412 | €155 | €168 | €124 | ▼ 26.2% |
| Profit (loss) for the period before taxes9903 | €7k | €-29k | €-2k | €10k | €33k | ▲ 233% |
| Income taxes67/77 | €4k | €310 | €329 | €2k | €9k | ▲ 408% |
| Profit (loss) for the period9904 | €2k | €-29k | €-2k | €8k | €24k | ▲ 197% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-29k | €-2k | €8k | €24k | ▲ 197% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €110k | €46k | €220k | €212k | €236k | ▲ 11.6% |
| Fixed assets21/28 | €28k | €20k | €200k | €194k | €194k | ▼ 0.2% |
| Tangible fixed assets22/27 | €28k | €20k | €11k | €5k | €4k | ▼ 8.0% |
| Furniture and vehicles24 | €28k | €20k | €11k | €5k | €4k | ▼ 8.0% |
| Financial fixed assets28 | - | - | €189k | €189k | €189k | = |
| Current assets29/58 | €82k | €26k | €20k | €17k | €42k | ▲ 142% |
| Amounts receivable within one year40/41 | €49k | €18k | - | €8k | €25k | ▲ 232% |
| Trade receivables40 | €49k | €18k | - | €6k | €6k | = |
| Other amounts receivable41 | - | - | - | €1k | €19k | ▲ 1,191% |
| Cash at bank and in hand54/58 | €32k | €7k | €20k | €8k | €17k | ▲ 126% |
| Deferred charges and accrued income490/1 | €635 | €1k | €160 | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €110k | €46k | €220k | €212k | €236k | ▲ 11.6% |
| Equity10/15 | €57k | €27k | €25k | €34k | €58k | ▲ 72.7% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €52k | €22k | €20k | €29k | €53k | ▲ 85.4% |
| Amounts payable17/49 | €53k | €19k | €195k | €178k | €178k | ▲ 0.1% |
| Amounts payable within one year42/48 | €52k | €19k | €195k | €178k | €178k | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | €9k | - | - | - | - | - |
| Financial debts43 | - | - | - | - | €792 | - |
| Credit institutions430/8 | - | - | - | - | €792 | - |
| Trade debts44 | €2k | €2k | €1k | €3k | €3k | ▼ 17.1% |
| Suppliers440/4 | €2k | €2k | €1k | €3k | €3k | ▼ 17.1% |
| Taxes, remuneration and social security45 | €37k | €12k | €6k | €5k | €5k | ▼ 3.1% |
| Taxes450/3 | €37k | €12k | €6k | €5k | €5k | ▼ 3.1% |
| Other amounts payable47/48 | €4k | €5k | €187k | €170k | €170k | = |
| Accrued charges and deferred income492/3 | €422 | €27 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-29k | €-2k | €8k | €24k | ▲ 197% |
| + Depreciation and write-downs630 | €10k | €11k | €10k | €9k | €2k | ▼ 76.9% |
| Operating cash flow (approximation) | €12k | €-19k | €8k | €17k | €26k | ▲ 55.0% |
| Investment in fixed assets (approximation) | - | €-3k | €-191k | €-3k | €-2k | ▲ 43.7% |
| Change in cash | - | €-25k | €13k | €-12k | €10k | ▲ 178% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Waterloo · 1 establishment unit since 2019
Ground area
1.5 ha
Building footprint
391 m²
Volume, LiDAR
3,075 m³
Parcel 25763I0219/00A000, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMOSTELLA
since 20192.292.764.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763I0219/00A000 | Wallonia | 1.5 ha | 1 · 391 m² | 11.9 m · 3 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.
Similar companies · same sector, comparable size
LA1A4
BE 1010.843.136
Comblain-au-Pont · Eq €57,877
TIMMERMANS ONTWIKKELING
BE 0745.366.509
Maaseik · Eq €57,863
P&W Projects
BE 0735.630.875
Berlare · Eq €57,975
BONAPARTE
BE 0676.603.506
Braine-l'Alleud · Eq €57,798
DTC ELH Holding
BE 0758.686.686
Oupeye · Eq €58,028
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,119 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
Founded17-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43212Electrical installation work in industrial facilities
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Contact
E-mail
elecstella@gmail.com
Phone
+32477663317
Scores and ratios are computed by Checked and are not a credit decision.