IMMOVA
ActiveSummary
The computed 12-month bankruptcy probability of IMMOVA is 1.6% (moderate). The 2025 annual accounts show negative equity (-€145,892) and a net result of -€3,503. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 55 days after 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)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 2,798 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
A further 2.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€21,500 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €671,254 | - | - | - |
| Gross operating margin9900 | -€12,694 | -€331 | -€579 | -€184 | -€2,154 | ▼ 1,072% |
| Operating profit (loss)9901 | €8,806 | -€331 | -€671,833 | -€184 | -€2,154 | ▼ 1,072% |
| Financial income75/76B | - | €15,395 | €981 | €9,636 | - | - |
| Recurring financial income75 | - | €15,395 | €981 | €9,636 | - | - |
| Financial charges65/66B | €2,506 | €2,646 | €5,696 | €63 | €1,349 | ▲ 2,029% |
| Recurring financial charges65 | €2,506 | €2,646 | €5,696 | €63 | €1,349 | ▲ 2,029% |
| Profit (loss) for the period before taxes9903 | €6,300 | €12,417 | -€676,548 | €9,389 | -€3,503 | ▼ 137% |
| Transfer from deferred taxes780 | - | - | - | €89,615 | - | - |
| Profit (loss) for the period9904 | €6,300 | €12,417 | -€676,548 | €99,004 | -€3,503 | ▼ 104% |
| Transfer from tax-exempt reserves789 | - | - | - | €268,846 | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,300 | €12,417 | -€676,548 | €367,850 | -€3,503 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €425,013 | €425,044 | €425,101 | = |
| Current assets29/58 | €1.1m | €1.1m | €425,013 | €425,044 | €425,101 | = |
| Amounts receivable within one year40/41 | €1.1m | €1.1m | €425,000 | €425,000 | €425,000 | = |
| Trade receivables40 | €12,200 | - | - | - | - | - |
| Other amounts receivable41 | €1.1m | €1.1m | €425,000 | €425,000 | €425,000 | = |
| Cash at bank and in hand54/58 | €280 | €166 | €13 | €44 | €101 | ▲ 131% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €425,013 | €425,044 | €425,101 | = |
| Equity10/15 | €422,738 | €435,155 | -€241,393 | -€142,389 | -€145,892 | ▼ 2.5% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €291,529 | €291,529 | €291,529 | €22,683 | €22,683 | = |
| Non-distributable reserves130/1 | €22,683 | €22,683 | €22,683 | €22,683 | €22,683 | = |
| Legal reserve130 | €22,683 | €22,683 | €22,683 | €22,683 | €22,683 | = |
| Tax-exempt reserves132 | €268,846 | €268,846 | €268,846 | - | - | - |
| Profit (loss) carried forward14 | -€118,791 | -€106,374 | -€782,922 | -€415,072 | -€418,575 | ▼ 0.8% |
| Provisions and deferred taxes16 | €89,615 | €89,615 | €89,615 | - | - | - |
| Deferred taxes168 | €89,615 | €89,615 | €89,615 | - | - | - |
| Amounts payable17/49 | €595,545 | €570,815 | €576,791 | €567,433 | €570,993 | ▲ 0.6% |
| Amounts payable within one year42/48 | €595,545 | €570,815 | €576,791 | €567,433 | €570,993 | ▲ 0.6% |
| Financial debts43 | - | - | €24 | - | - | - |
| Credit institutions430/8 | - | - | €24 | - | - | - |
| Trade debts44 | €30,109 | €30,109 | €13,929 | €3,695 | €3,301 | ▼ 10.7% |
| Suppliers440/4 | €30,109 | €30,109 | €13,929 | €3,695 | €3,301 | ▼ 10.7% |
| Other amounts payable47/48 | €565,436 | €540,706 | €562,837 | €563,737 | €567,692 | ▲ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,300 | €12,417 | -€676,548 | €99,004 | -€3,503 | ▼ 104% |
| Operating cash flow (approximation) | €6,300 | €12,417 | -€676,548 | €99,004 | -€3,503 | ▼ 104% |
| Change in cash | - | -€113 | -€153 | €31 | €57 | ▲ 86.4% |
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
18-08
State Gazette act
Appointment: CHENZER (director)Permanent representative: Ramdane CHENNOU · Resignations: LE FRENCH (director) and EMBASSY (director) · Registered-office move6 facts ▸
- General meeting, 08-05-2026
- Registered-office move, Avenue Victor Jacobs 8-10 boîte 1, 1040 Etterbeek
- Director appointment, CHENZER (director)
- Permanent representative, Ramdane CHENNOU (permanent representative)
- Director resignation, LE FRENCH (director)
- Director resignation, EMBASSY (director)
Show earlier events
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0406/00C015 | Brussels | 378 m² | 1 · 378 m² | 22.0 m · 6 fl. |
| 21818B0550/00N009 | Brussels | 144 m² | 1 · 122 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CHENZER |
|
| LE FRENCH |
|
| EMBASSY |
|
Structure & network
Owners and holdings
1 ownerChain of control
- EMBASSY
- IMMOVA
Highest known parent: EMBASSY. The sources do not say who stands above it.
Owners 1
- EMBASSYparentSourceaccounts EMBASSY 202599%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.