IMMOVEH

Active

Limited partnershipfounded 201214 yrs activeNekwinkelstraat 3, 3020 Herent, BelgiumKBO/BCE: BE 0846.746.454

IMMOVEH has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €179k and a net result of €1k. Its solvency ranks better than 81% of 26732 sector peers (fiscal year 2021). The computed 12-month bankruptcy probability is 0.1% (very low).

Watch Print / PDF

Checked score

Score 2021

81 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability4

Solvency82

Growth-

Stability85

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days only on tighter terms

Liquidity tight (current ratio 1.18), and 17.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

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 2021

Solvency, return and age of the figures

Solvency

82.7%

Return on assets

0.6%

Age of the figures

56 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 · 6 filings

Position against the passed deadline

31-12-2022 close31-07-2023 deadline15-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-07-2022, 18 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

18 d early

2017

11 d early

2015

3 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity

€179k

Total assets

€216k

Net result

€1k

Working capital

€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €216k

86.4%

13.6%

Fixed assets €186k

Current assets €29k

Equity and liabilities €216k

82.7%

17.3%

Equity €179k

Debt €37k

Debt finances 17.3% of the balance-sheet total.

Key figures and ratios

2021 value

EBITDA

€30k

Cash flow

€27k

Solvency

82.7%

Current ratio

1.18

Quick ratio

1.18

Debt / equity

0.21

ROE

0.8%

ROA

0.6%

Interest coverage

56.94

Debt

€37k

Debt ≤ 1 year

€25k

Debt > 1 year

€12k

Income taxes

€3k

Filed annual accounts

As filed with the NBB · 2021

Balance sheet Code2021

Assets

Total assets20/58€216k

Fixed assets21/28€186k

Tangible fixed assets22/27€186k

Land and buildings22€159k

Furniture and vehicles24€28k

Current assets29/58€29k

Amounts receivable within one year40/41€25k

Trade receivables40€0

Other amounts receivable41€25k

Cash at bank and in hand54/58€2k

Deferred charges and accrued income490/1€2k

Equity and liabilities

Total equity and liabilities10/49€216k

Equity10/15€179k

Contributions10/11€30k

Reserves13€243k

Non-distributable reserves130/1€11k

Reserves not available under the articles1311€11k

Tax-exempt reserves132€60k

Distributable reserves133€171k

Profit (loss) carried forward14€-95k

Amounts payable17/49€37k

Amounts payable after more than one year17€12k

Financial debts170/4€12k

Amounts payable within one year42/48€25k

Current portion of amounts payable after more than one year42€8k

Trade debts44€8k

Suppliers440/4€8k

Taxes, remuneration and social security45€2k

Taxes450/3€2k

Other amounts payable47/48€7k

Accrued charges and deferred income492/3€0

Income statement Code2021

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k

Other operating charges640/8€6k

Gross operating margin9900€36k

Operating profit (loss)9901€5k

Financial charges65/66B€530

Recurring financial charges65€530

Profit (loss) for the period before taxes9903€4k

Income taxes67/77€3k

Profit (loss) for the period9904€1k

Profit (loss) for the period to be appropriated9905€1k

Appropriation of the result

Profit (loss) to be appropriated9906€-95k

Profit (loss) brought forward from the previous period14P€-96k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV