IMMOTRECO
InactiveIMMOTRECO was declared bankrupt on 24-06-2024 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 05-06-2025, published in the Belgian State Gazette on 13-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
29 d late
2020
13 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-13.12M=
2020 · €-13.12M
2018: €-13.11M
2019: €-13.12M
2020: €-13.12M
2018 → 2021
Total assets
€576k=
2020 · €576k
2018: €609k
2019: €599k
2020: €576k
2018 → 2021
Net result
€-2k▼ 48.2%
2020 · €-1k
2018: €-1k
2019: €-3k
2020: €-1k
2018 → 2021
Working capital
€-13.12M=
2020 · €-13.12M
2018: €-13.11M
2019: €-13.12M
2020: €-13.12M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-13.11M-€-13.12M=€-13.12M=€-13.12M=
Operating result€-1k-€-1k▼ 24.6%€-2k▼ 58.7%€-2k▲ 1.6%
Net result€-1k-€-3k▼ 194%€-1k▲ 57.1%€-2k▼ 48.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2021 against €2k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €576k
Fixed assets
€1 =
Current assets
€576k =
Key figures and ratios
Current ratio
0.04=
2020 · 0.04
Debt to equity
-1.04
ROA
-0.4%▼
2020 · -0.2%
Debt
€13.70M=
2020 · €13.69M
Debt ≤ 1 year
€13.70M=
2020 · €13.69M
A ratio outside any meaningful range has been withheld (balance sheet total €576k, equity €-13.12M).
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 · 2021 against 2020 · 36 lines
Balance sheet
Code20202021
Assets
Total assets20/58€576k€576k=
Fixed assets21/28€1€1=
Intangible fixed assets21€1€1=
Current assets29/58€576k€576k=
Amounts receivable within one year40/41€575k€575k=
Other amounts receivable41-€575k
Current investments50/53€1€1=
Cash at bank and in hand54/58€694€594▼
Equity and liabilities
Total equity and liabilities10/49€576k€576k=
Equity10/15€-13.12M€-13.12M=
Contributions10/11€3.50M€3.50M=
Capital10-€3.50M
Issued capital100-€3.50M
Reserves13€5.53M€5.53M=
Non-distributable reserves130/1-€389k
Legal reserve130-€338k
Reserves not available under the articles1311-€51k
Tax-exempt reserves132-€253k
Distributable reserves133-€4.88M
Profit (loss) carried forward14€-22.14M€-22.15M=
Amounts payable17/49€13.69M€13.70M=
Amounts payable within one year42/48€13.69M€13.70M=
Trade debts44€7k€6k▼
Suppliers440/4-€6k
Other amounts payable47/48-€13.69M
Income statement
Code20202021
Other operating charges640/8-€348
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-2k€-2k▲
Recurring financial income75€615-
Financial charges65/66B-€163
Recurring financial charges65€59€163▲
Profit (loss) for the period before taxes9903€-1k€-2k▼
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-22.15M
Profit (loss) brought forward from the previous period14P-€-22.14M
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · IMMOTRECO SA RUE DE LOUVRANGES, DION-V. 82A, 1325 CHAUMONT-GISTOUX. déclarée le 24 juin 2024 · event 05-06-2025
2024
28-06
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · IMMOTRECO SA RUE DE LOUVRANGES, DION-V. 82A, 1325 CHAUMONT-GISTOUX · event 24-06-2024
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 175 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2015
28-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 271 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 622 days late
2014
03-10
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 794 days late
03-10
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 1160 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AVENUE DU CENTENAIRE 120,
1400 NIVELLES |
24-06-2024 → 05-06-2025 |