IMMOVANHOC
ActiveSummary
IMMOVANHOC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€68,802) and a net result of -€5,668. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 5% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-3
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.2 in 2024; short-term debt: 178.1% and cash: 22.9% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-78.1%
Return on assets
-6.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€68,802
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
28 d late
2023
30 d late
2022
30 d late
2021
26 d late
2020
31 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
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. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
-€5,668▼ 19.5%
2024 · -€4,745
Working capital
-€135,939▲ 8.2%
2024 · -€148,161
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0
Operating result-€7,385▲ 24.2%-€8,323▼ 12.7%€23,409-€5,056-€5,924▼ 17.2%
Net result-€7,454within the sector's middle half▲ 23.9%-€8,597within the sector's middle half▼ 15.3%€23,432within the sector's middle half-€4,745within the sector's middle half-€5,668within the sector's middle half▼ 19.5%
Equity-€73,222below the sector's middle half▼ 11.3%-€81,820below the sector's middle half▼ 11.7%-€58,388below the sector's middle half▲ 28.6%-€63,133below the sector's middle half▼ 8.1%-€68,802below the sector's middle half▼ 9.0%
Total assets€156,739below the sector's middle half▼ 16.0%€132,048below the sector's middle half▼ 15.8%€138,162below the sector's middle half▲ 4.6%€123,109below the sector's middle half▼ 10.9%€88,066below the sector's middle half▼ 28.5%
Debt€229,961▼ 8.9%€213,867▼ 7.0%€196,550▼ 8.1%€186,243▼ 5.2%€156,868▼ 15.8%
Working capital-€199,325within the sector's middle half▲ 13.3%-€186,606within the sector's middle half▲ 6.4%-€143,352within the sector's middle half▲ 23.2%-€148,161within the sector's middle half▼ 3.4%-€135,939within the sector's middle half▲ 8.2%
Solvency-46.7%below the sector's middle half▼ 11.5pp-62.0%below the sector's middle half▼ 15.2pp-42.3%below the sector's middle half▲ 19.7pp-51.3%below the sector's middle half▼ 9.0pp-78.1%below the sector's middle half▼ 26.8pp
Current ratio0.13below the sector's middle half▲ 0.040.13below the sector's middle half▼ 0.010.27below the sector's middle half▲ 0.140.20below the sector's middle half▼ 0.070.13below the sector's middle half▼ 0.07
Return on assets (ROA)-4.8%within the sector's middle half▲ 0.5pp-6.5%below the sector's middle half▼ 1.8pp17.0%above the sector's middle half▲ 23.5pp-3.9%within the sector's middle half▼ 20.8pp-6.4%below the sector's middle half▼ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,924 in 2025 against €5,056 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,066
Fixed assets
€67,137 ▼ 21.0%
Current assets
€20,929 ▼ 45.0%
Key figures and ratios
EBITDA
€11,967▼
2024 · €18,130
Cash flow
€12,222▼
2024 · €18,441
Debt to equity
-2.28▲
2024 · -2.95
Interest coverage
116.11▼
2024 · 165.06
Debt ≤ 1 year
€156,868▼
2024 · €186,243
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
2.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,795 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,651 | €48,070 | €22,332 | €23,186 | €17,891 | ▼ 22.8% |
| Other operating charges640/8 | €1,319 | €1,322 | €1,511 | €10,413 | €1,405 | ▼ 86.5% |
| Gross operating margin9900 | €40,585 | €41,069 | €47,252 | €28,543 | €13,372 | ▼ 53.2% |
| Operating profit (loss)9901 | -€7,385 | -€8,323 | €23,409 | -€5,056 | -€5,924 | ▼ 17.2% |
| Financial income75/76B | €19 | €8 | €96 | €421 | €358 | ▼ 14.9% |
| Recurring financial income75 | €19 | €8 | €96 | €421 | €358 | ▼ 14.9% |
| Financial charges65/66B | €87 | €281 | €73 | €110 | €103 | ▼ 6.2% |
| Recurring financial charges65 | €87 | €181 | €73 | €110 | €103 | ▼ 6.2% |
| Non-recurring financial charges66B | - | €100 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€7,453 | -€8,595 | €23,432 | -€4,745 | -€5,668 | ▼ 19.5% |
| Income taxes67/77 | €1 | €2 | €0 | €0 | - | - |
| Profit (loss) for the period9904 | -€7,454 | -€8,597 | €23,432 | -€4,745 | -€5,668 | ▼ 19.5% |
| Profit (loss) for the period to be appropriated9905 | -€7,454 | -€8,597 | €23,432 | -€4,745 | -€5,668 | ▼ 19.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156,739 | €132,048 | €138,162 | €123,109 | €88,066 | ▼ 28.5% |
| Fixed assets21/28 | €126,102 | €104,787 | €84,964 | €85,028 | €67,137 | ▼ 21.0% |
| Tangible fixed assets22/27 | €126,102 | €104,787 | €84,964 | €85,028 | €67,137 | ▼ 21.0% |
| Land and buildings22 | €21,121 | €6,906 | €6,906 | €6,906 | €6,906 | = |
| Plant, machinery and equipment23 | €12,719 | €15,642 | €11,903 | €5,823 | €4,280 | ▼ 26.5% |
| Furniture and vehicles24 | €5,975 | €8,422 | €6,471 | €522 | €21 | ▼ 96.0% |
| Other tangible fixed assets26 | €86,288 | €73,817 | €59,685 | €71,776 | €55,930 | ▼ 22.1% |
| Current assets29/58 | €30,637 | €27,261 | €53,198 | €38,082 | €20,929 | ▼ 45.0% |
| Amounts receivable within one year40/41 | €2,474 | €2,722 | €642 | €3,926 | €436 | ▼ 88.9% |
| Trade receivables40 | €1,921 | €1,129 | €518 | €3,773 | €202 | ▼ 94.6% |
| Other amounts receivable41 | €552 | €1,593 | €124 | €153 | €233 | ▲ 52.4% |
| Cash at bank and in hand54/58 | €21,912 | €20,823 | €48,762 | €26,860 | €20,182 | ▼ 24.9% |
| Deferred charges and accrued income490/1 | €6,251 | €3,715 | €3,794 | €7,295 | €311 | ▼ 95.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156,739 | €132,048 | €138,162 | €123,109 | €88,066 | ▼ 28.5% |
| Equity10/15 | -€73,222 | -€81,820 | -€58,388 | -€63,133 | -€68,802 | ▼ 9.0% |
| Contributions10/11 | €262,000 | €262,000 | €262,000 | €262,000 | €262,000 | = |
| Capital10 | €262,000 | €262,000 | €262,000 | €262,000 | €262,000 | = |
| Issued capital100 | €262,000 | €262,000 | €262,000 | €262,000 | €262,000 | = |
| Profit (loss) carried forward14 | -€335,222 | -€343,820 | -€320,388 | -€325,133 | -€330,802 | ▼ 1.7% |
| Amounts payable17/49 | €229,961 | €213,867 | €196,550 | €186,243 | €156,868 | ▼ 15.8% |
| Amounts payable after more than one year17 | - | - | €0 | €0 | - | - |
| Other amounts payable178/9 | - | - | €0 | €0 | - | - |
| Amounts payable within one year42/48 | €229,961 | €213,867 | €196,550 | €186,243 | €156,868 | ▼ 15.8% |
| Trade debts44 | €0 | €321 | €198 | €3,167 | €119 | ▼ 96.3% |
| Suppliers440/4 | €0 | €321 | €198 | €3,167 | €119 | ▼ 96.3% |
| Taxes, remuneration and social security45 | €595 | €0 | €348 | €2,302 | €23 | ▼ 99.0% |
| Taxes450/3 | €595 | €0 | €348 | €2,302 | €23 | ▼ 99.0% |
| Other amounts payable47/48 | €229,366 | €213,547 | €196,004 | €180,774 | €156,726 | ▼ 13.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,454 | -€8,597 | €23,432 | -€4,745 | -€5,668 | ▼ 19.5% |
| + Depreciation and write-downs630 | €46,651 | €48,070 | €22,332 | €23,186 | €17,891 | ▼ 22.8% |
| Operating cash flow (approximation) | €39,197 | €39,472 | €45,764 | €18,441 | €12,222 | ▼ 33.7% |
| Investment in fixed assets (approximation) | - | -€26,754 | -€2,510 | -€23,249 | €0 | ▲ 100% |
| Change in cash | - | -€1,088 | €27,938 | -€21,902 | -€6,678 | ▲ 69.5% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Back to profitnet €23,432
Net result €23,432 after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€9,790
Net result drops to -€9,790, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 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.
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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, Erquelinnes · 1 establishment unit since 2004
Ground area
1,594 m²
Building footprint
284 m²
Volume, LiDAR
2,479 m³
Parcel 56031B0534/00F000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
le chateau de Frankie
since 20042.137.710.843
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56031B0534/00F000 | Wallonia | 1,594 m² | 1 · 284 m² | 12.0 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.
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Momignies
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,007 companies in sector 55203 we hold annual accounts for 694. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441019903
Registered
10-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.