Skip to content

Immoward

Active
Public limited companyfounded 1975active for 51 yearsUruguaylaan 21, 1000 Brussel, BelgiumKBO/BCE: BE 0415.513.752
Summary

Immoward has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.2m and a net result of €34,687. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 89% of 2,026 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Mixed farming
NACE 01500Real estate agency activities NACE 68310
Oldest company in the Brussels-Capital Region, Crop and animal production sector2 sites
Size
€20.5mtotal assets 2025
Staff
6.5 FTE
Equity
€17.2m
Profit
€34,687
Turnover not published (abbreviated or micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
BELIBERG · 48.7%
Accounts filed 59 days late0 of 13 deeds read
Why 92raises riskLatest accounts 59 days late; 3 of the last 3 lateLiquidity: current ratio 1.73, cash €248,383lowers riskSize: total assets €20.5mFounded in 1975Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 01, medium-sized)
Financial strength · tick = 2024
Average
Solvency 100=
equity 84.1% of total assets
Liquidity 48-1
short-term debt 15.9% · cash 1.2%
Profitability 19+1
return on assets 0.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (76 companies, NACE 01, medium-sized)
Last 24 months 11-2024: 0.6% 12-2024: 0.8%▲ +0.2 percentage points vs 11-2024 01-2025: 1.5%▲ +0.7 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.3%▼ -0.2 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 2.0%● unchanged vs 08-2025highest value 10-2025: 2.0%● unchanged vs 09-2025highest value 11-2025: 2.0%● unchanged vs 10-2025highest value 12-2025: 1.1%▼ -0.9 percentage points vs 11-2025 01-2026: 0.2%▼ -0.9 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value
Credit of up to €1,550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.73, compared with 1.63 in 2024; short-term debt: 15.9% and cash: 1.2% of total assets), and 15.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, medium-sized): better than 92% on solvency, 51% on liquidity, 22% on profitability and 37% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 59 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €20.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.73, cash €248,383
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
123 days late
2023
481 days late
2022
198 days late
2021
122 days late
2020
122 days late
2019
300 days 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 201 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 December (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €34,687
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Back in profit in 2025after -€143,640 in 2024 €34,687 View
  • Positive: Oldest company in the Brussels-Capital Region, Crop and animal production sectorin the Checked rankings No. 1 View
  • Active since 1975founded 04-07-1975 51 years View

By topic

Financials

Financial year
2025
Total assets
€20.5m
Profit
€34,687
Solvency
84.1%
Go to Financials

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 24-11-2025Annual accounts filed
  2. 14-02-2024Annual accounts filed
  3. 30-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Mixed farmingNACE 01500
Founded
04-07-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.