IMMOSTRUCT
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed late (61 days) Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00516071.
Equity
-€289,860▼ 1.8%
2023 · -€284,707
Total assets
€13,137▼ 61.3%
2023 · €33,916
Net result
-€5,152
2023 · €65,960
Working capital
-€289,860=
2023 · -€289,960
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €5,001 after €66,905 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€5,001
2024
Net result-€5,152
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€13,137
2024
Equity-€289,860
2024
Debt€302,997
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€289,860
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€65,414-€61,202€23,863▼ 61.0%-€458,341-€110,216▲ 76.0%€66,905-€5,001
Net result-€70,783-€64,455€17,039▼ 73.6%-€475,909-€114,011▲ 76.0%€65,960-€5,152
Equity€157,757-€222,212▲ 40.9%€239,251▲ 7.7%-€236,657-€350,668▼ 48.2%-€284,707▲ 18.8%-€289,860▼ 1.8%
Total assets€489,160-€577,830▲ 18.1%€576,374▼ 0.3%€284,585▼ 50.6%€119,216▼ 58.1%€33,916▼ 71.6%€13,137▼ 61.3%
Debt€331,403-€355,618▲ 7.3%€337,122▼ 5.2%€521,242▲ 54.6%€469,884▼ 9.9%€318,623▼ 32.2%€302,997▼ 4.9%
Working capital€147,785-€212,830▲ 44.0%€223,296▲ 4.9%-€258,365-€374,462▼ 44.9%-€289,960▲ 22.6%-€289,860=
Staff (FTE)6.4-5.3▼ 17.2%6.3▲ 18.9%5.5▼ 12.7%0.8▼ 85.5%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Current ratio
0.04▼
2023 · 0.09
ROA
-39.2%▼
2023 · 194.5%
Debt ≤ 1 year
€302,997▼
2023 · €318,623
Staff costs
€170▼
2023 · €8,413
A ratio outside any meaningful range has been withheld (balance sheet total €13,137, equity -€289,860).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €292,617 | €28,694 | €8,413 | €170 | ▼ 98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,363 | €590 | €2,362 | €6,704 | €6,855 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €138,888 | €4,792 | €4,236 | €6,853 | ▲ 61.8% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - |
| Gross operating margin9900 | €254,634 | €327,631 | €313,821 | -€20,132 | -€69,876 | €79,554 | €2,022 | ▼ 97.5% |
| Operating profit (loss)9901 | -€65,414 | €61,202 | €23,863 | -€458,341 | -€110,216 | €66,905 | -€5,001 | - |
| Financial income75/76B | - | - | - | €1,275 | €0 | - | - | - |
| Recurring financial income75 | €4,416 | €15,625 | €1,108 | €1,275 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €18,380 | €3,340 | €945 | €151 | ▼ 84.0% |
| Recurring financial charges65 | €9,718 | €11,708 | €7,932 | €18,380 | €3,340 | €945 | €151 | ▼ 84.0% |
| Profit (loss) for the period before taxes9903 | -€70,716 | €65,119 | €17,039 | -€475,446 | -€113,556 | €65,960 | -€5,152 | - |
| Income taxes67/77 | €66 | €664 | €0 | €463 | €455 | €0 | - | - |
| Profit (loss) for the period9904 | -€70,783 | €64,455 | €17,039 | -€475,909 | -€114,011 | €65,960 | -€5,152 | - |
| Profit (loss) for the period to be appropriated9905 | -€70,783 | €64,455 | €17,039 | -€475,909 | -€114,011 | €65,960 | -€5,152 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €489,160 | €577,830 | €576,374 | €284,585 | €119,216 | €33,916 | €13,137 | ▼ 61.3% |
| Fixed assets21/28 | €9,972 | €9,382 | €38,420 | €31,010 | €24,156 | €5,253 | - | - |
| Tangible fixed assets22/27 | €4,720 | €4,130 | €31,518 | €25,758 | €18,903 | €0 | - | - |
| Land and buildings22 | - | - | - | €2,950 | €2,360 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €780 | €465 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €22,028 | €16,078 | €0 | - | - |
| Financial fixed assets28 | €5,253 | €5,253 | €6,903 | €5,253 | €5,253 | €5,253 | - | - |
| Current assets29/58 | €479,188 | €568,448 | €537,953 | €253,574 | €95,060 | €28,663 | €13,137 | ▼ 54.2% |
| Stocks and contracts in progress3 | €88,277 | €71,936 | €70,484 | €25,359 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €25,359 | €0 | - | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €306,032 | €342,859 | €398,824 | €50,066 | €54,779 | €22,247 | €12,855 | ▼ 42.2% |
| Trade receivables40 | - | - | - | €21,600 | €18,510 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €28,466 | €36,269 | €22,247 | €12,855 | ▼ 42.2% |
| Cash at bank and in hand54/58 | €49,965 | €76,312 | €3,081 | €168,605 | €36,168 | €3,829 | €6 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | - | - | - | €9,543 | €4,113 | €2,587 | €276 | ▼ 89.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €489,160 | €577,830 | €576,374 | €284,585 | €119,216 | €33,916 | €13,137 | ▼ 61.3% |
| Equity10/15 | €157,757 | €222,212 | €239,251 | -€236,657 | -€350,668 | -€284,707 | -€289,860 | ▼ 1.8% |
| Contributions10/11 | €18,592 | €18,592 | €0 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €137,306 | €201,761 | €218,800 | -€257,108 | -€371,119 | -€305,159 | -€310,311 | ▼ 1.7% |
| Amounts payable17/49 | €331,403 | €355,618 | €337,122 | €521,242 | €469,884 | €318,623 | €302,997 | ▼ 4.9% |
| Amounts payable after more than one year17 | - | - | €22,465 | €8,800 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €8,800 | €0 | - | - | - |
| Amounts payable within one year42/48 | €331,403 | €355,618 | €314,657 | €511,939 | €469,522 | €318,623 | €302,997 | ▼ 4.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,661 | €1,301 | €0 | - | - |
| Financial debts43 | - | - | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - |
| Trade debts44 | €195,825 | €149,087 | €153,953 | €86,134 | €5,724 | €911 | €368 | ▼ 59.6% |
| Suppliers440/4 | - | - | - | €86,134 | €5,724 | €911 | €368 | ▼ 59.6% |
| Advances received on contracts in progress46 | - | - | - | €0 | €43,397 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €11,478 | €18,865 | €13,680 | - | - |
| Taxes450/3 | - | - | - | €534 | €989 | €4,005 | - | - |
| Remuneration and social security454/9 | - | - | - | €10,945 | €17,877 | €9,675 | - | - |
| Other amounts payable47/48 | - | - | - | €400,666 | €400,234 | €304,032 | €302,629 | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | €503 | €362 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€70,783 | €64,455 | €17,039 | -€475,909 | -€114,011 | €65,960 | -€5,152 | - |
| + Depreciation and write-downs630 | €5,363 | €590 | €2,362 | €6,704 | €6,855 | €0 | - | - |
| Operating cash flow (approximation) | -€65,420 | €65,045 | €19,401 | -€469,205 | -€107,156 | €65,960 | -€5,152 | - |
| Investment in fixed assets (approximation) | - | €0 | -€31,400 | €706 | €0 | €18,903 | - | - |
| Change in cash | - | €26,348 | -€73,231 | €165,524 | -€132,437 | -€32,340 | -€3,823 | ▲ 88.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516071 |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00491171 |
| 31-12-2022 | abbreviated format | 30-04-2024 | 2024-00081788 |
| 31-12-2021 | abbreviated format | 31-10-2022 | 2022-20480966 |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-40200396 |
| 31-12-2019 | abbreviated format | 03-07-2020 | 2020-26700348 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57400558 |
| 31-12-2017 | abbreviated format | 29-10-2018 | 2018-70700131 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-58200534 |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-53300266 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.