IMMOTOP
ActiveIMMOTOP has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.45M and a net result of €274k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 74% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+47
Solvency99▼-1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 4.27 in 2024), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← 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
62.2%
Return on assets
6.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
30 d early
2023
335 d late
2022
47 d early
2021
59 d early
2020
32 d early
2019
52 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.45M▲ 12.6%
2024 · €2.18M
2018: €1.28M
2019: €1.66M
2020: €1.96M
2021: €2.20M
2022: €2.10M
2023: €2.14M
2024: €2.18M
2018 → 2025
Total assets
€3.94M▲ 38.2%
2024 · €2.85M
2018: €2.21M
2019: €2.13M
2020: €2.53M
2021: €2.85M
2022: €3.00M
2023: €2.94M
2024: €2.85M
2018 → 2025
Net result
€274k▲ 620%
2024 · €38k
2018: €182k
2019: €383k
2020: €305k
2021: €232k
2022: €298k
2023: €42k
2024: €38k
2018 → 2025
Working capital
€2.40M▲ 15.3%
2024 · €2.08M
2018: €1.24M
2019: €1.59M
2020: €1.91M
2021: €2.14M
2022: €2.01M
2023: €1.97M
2024: €2.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.20M-€2.10M▼ 4.4%€2.14M▲ 2.0%€2.18M▲ 1.8%€2.45M▲ 12.6%
Operating result€366k-€466k▲ 27.3%€107k▼ 77.0%€98k▼ 8.7%€479k▲ 389%
Net result€232k-€298k▲ 28.5%€42k▼ 86.0%€38k▼ 8.8%€274k▲ 620%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 389% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.94M
Fixed assets
€90k▼ 33.6%
Current assets
€3.85M▲ 41.7%
Equity and liabilities €3.94M
Equity
€2.45M▲ 12.6%
Debt
€1.49M▲ 121%
The debt ratio rises from 23.6% to 37.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€512k▲
2024 · €156k
Cash flow
€306k▲
2024 · €96k
Solvency
62.2%▼
2024 · 76.4%
Current ratio
2.65▼
2024 · 4.27
Quick ratio
1.17▼
2024 · 3.26
Debt / equity
0.61▲
2024 · 0.31
ROE
11.2%▲
2024 · 1.7%
ROA
6.9%▲
2024 · 1.3%
Interest coverage
6.46▲
2024 · 3.29
Debt
€1.49M▲
2024 · €673k
Debt ≤ 1 year
€1.45M▲
2024 · €637k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€134k▲
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.85M€3.94M▲
Fixed assets21/28€136k€90k▼
Tangible fixed assets22/27€124k€79k▼
Land and buildings22€41k€39k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€81k€37k▼
Financial fixed assets28€12k€11k▼
Current assets29/58€2.72M€3.85M▲
Stocks and contracts in progress3€643k€2.15M▲
Stocks30/36€335k€326k▼
Contracts in progress37€309k€1.82M▲
Amounts receivable within one year40/41€722k€750k▲
Trade receivables40€12k€587k▲
Other amounts receivable41€709k€164k▼
Cash at bank and in hand54/58€1.34M€942k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€2.85M€3.94M▲
Equity10/15€2.18M€2.45M▲
Contributions10/11€75k€75k=
Reserves13€2.10M€2.38M▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€6k€6k=
Other1319€1k€1k=
Tax-exempt reserves132€0-
Distributable reserves133€2.10M€2.37M▲
Amounts payable17/49€673k€1.49M▲
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€637k€1.45M▲
Current portion of amounts payable after more than one year42€11k€3k▼
Financial debts43€92k€100k▲
Credit institutions430/8€92k€100k▲
Trade debts44€140k€298k▲
Suppliers440/4€140k€298k▲
Taxes, remuneration and social security45€11k€84k▲
Taxes450/3€11k€84k▲
Other amounts payable47/48€382k€967k▲
Accrued charges and deferred income492/3€34k€36k▲
Income statement
Code20242025
Non-recurring operating income76A€0€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€33k▼
Other operating charges640/8€11k€23k▲
Gross operating margin9900€166k€535k▲
Operating profit (loss)9901€98k€479k▲
Financial income75/76B€33k€7k▼
Recurring financial income75€33k€7k▼
Financial charges65/66B€47k€79k▲
Recurring financial charges65€47k€79k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€84k€407k▲
Income taxes67/77€46k€134k▲
Profit (loss) for the period9904€38k€274k▲
Transfer from tax-exempt reserves789-€0
Profit (loss) for the period to be appropriated9905€38k€274k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€274k▲
Transfer from equity791/2€168k-
Transfer to equity691/2€206k€274k▲
To other reserves6921€206k€274k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 335 days late
2024
31-12
Financial
Weakest financial yearnet €38k ▼8.8%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.20M ▲11.8%
4 profitable years in a row build equity to €2.20M.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €383k ▲111%
Operating result €632k, net result €383k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.74
Current ratio from 2.35 to 4.74; short-term debt falls from €920k to €425k.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Lokeren · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terweststraat 249180 LokerenGround area
653 m²
Building footprint
79 m²
Volume, LiDAR
160 m³
Parcel 44045H0540/00E000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IMMOTOP
since 20072.161.663.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44045H0540/00E000 | Flanders | 653 m² | 1 · 79 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
COWALIMMO
BE 0716.620.360
Namur · Eq €2.45M
VASTIA
BE 0837.953.108
Wemmel · Eq €2.45M
BOSSU INVEST
BE 0448.067.546
Roeselare · Eq €2.45M
VANDERHALLEN IMMO
BE 0607.980.162
Maasmechelen · Eq €2.45M
SPIDERS
BE 0893.910.230
Brussel · Eq €2.46M
Of 7,320 companies in sector 68110 we hold annual accounts for 5,380. 2,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2007
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70120
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70111
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.