IMMOVLAH
ActiveSummary
IMMOVLAH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,288 and a net result of -€3,142. Equity is shrinking by ~3.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 70 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 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 12,321 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €108 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,584 | €10,261 | €11,112 | €12,027 | €10,462 | ▼ 13.0% |
| Other operating charges640/8 | €1,284 | €1,315 | €1,441 | €1,761 | €1,547 | ▼ 12.2% |
| Non-recurring operating charges66A | €3,860 | - | - | - | €144 | - |
| Gross operating margin9900 | €1,140 | €8,518 | €14,008 | €10,049 | €9,007 | ▼ 10.4% |
| Operating profit (loss)9901 | -€15,589 | -€3,058 | €1,455 | -€3,739 | -€3,147 | ▲ 15.8% |
| Financial income75/76B | - | €0 | €38 | €104 | €110 | ▲ 5.7% |
| Recurring financial income75 | - | €0 | €38 | €104 | €110 | ▲ 5.7% |
| Financial charges65/66B | €51 | €74 | €84 | €80 | €73 | ▼ 9.7% |
| Recurring financial charges65 | €51 | €74 | €84 | €80 | €73 | ▼ 9.7% |
| Profit (loss) for the period before taxes9903 | -€15,639 | -€3,132 | €1,409 | -€3,715 | -€3,109 | ▲ 16.3% |
| Income taxes67/77 | - | - | - | €31 | €33 | ▲ 5.7% |
| Profit (loss) for the period9904 | -€15,639 | -€3,132 | €1,409 | -€3,746 | -€3,142 | ▲ 16.1% |
| Profit (loss) for the period to be appropriated9905 | -€15,639 | -€3,132 | €1,409 | -€3,746 | -€3,142 | ▲ 16.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134,444 | €130,768 | €132,527 | €128,430 | €143,288 | ▲ 11.6% |
| Fixed assets21/28 | €116,426 | €112,481 | €115,175 | €107,048 | €108,380 | ▲ 1.2% |
| Tangible fixed assets22/27 | €116,377 | €112,432 | €115,125 | €106,999 | €108,331 | ▲ 1.2% |
| Land and buildings22 | €85,440 | €81,495 | €84,188 | €76,062 | €77,394 | ▲ 1.8% |
| Leasing and similar rights25 | €30,937 | €30,937 | €30,937 | €30,937 | €30,937 | = |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €18,018 | €18,286 | €17,353 | €21,381 | €34,907 | ▲ 63.3% |
| Amounts receivable within one year40/41 | - | - | - | €1,625 | €9,100 | ▲ 460% |
| Trade receivables40 | - | - | - | €1,625 | €9,100 | ▲ 460% |
| Cash at bank and in hand54/58 | €18,018 | €18,286 | €17,353 | €19,756 | €25,807 | ▲ 30.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134,444 | €130,768 | €132,527 | €128,430 | €143,288 | ▲ 11.6% |
| Equity10/15 | €133,899 | €130,768 | €132,176 | €128,430 | €125,288 | ▼ 2.4% |
| Contributions10/11 | €229,349 | €229,349 | €229,349 | €229,349 | €229,349 | = |
| Capital10 | €229,349 | €229,349 | €229,349 | €229,349 | €229,349 | = |
| Issued capital100 | €229,349 | €229,349 | €229,349 | €229,349 | €229,349 | = |
| Profit (loss) carried forward14 | -€95,450 | -€98,582 | -€97,173 | -€100,919 | -€104,061 | ▼ 3.1% |
| Amounts payable17/49 | €545 | - | €351 | - | €18,000 | - |
| Amounts payable within one year42/48 | €545 | - | €351 | - | €18,000 | - |
| Trade debts44 | €545 | - | €351 | - | - | - |
| Suppliers440/4 | €545 | - | €351 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €18,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,639 | -€3,132 | €1,409 | -€3,746 | -€3,142 | ▲ 16.1% |
| + Depreciation and write-downs630 | €11,584 | €10,261 | €11,112 | €12,027 | €10,462 | ▼ 13.0% |
| Operating cash flow (approximation) | -€4,055 | €7,129 | €12,521 | €8,281 | €7,320 | ▼ 11.6% |
| Investment in fixed assets (approximation) | - | -€6,316 | -€13,806 | -€3,901 | -€11,794 | ▼ 202% |
| Change in cash | - | €269 | -€934 | €2,403 | €6,051 | ▲ 152% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0103/00R002 | Brussels | 79 m² | 1 · 77 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.