Financials
- Fiscal year
- 2024
- Total assets
- €1.6m
- Loss
- -€27,790
- Solvency
- -5.4%
Total assets▲ 99,774%
Net result
20202024
IMMOWAT
ActiveSummary
The computed 12-month bankruptcy probability of IMMOWAT is 2.3% (moderate). The 2024 annual accounts show negative equity (-€88,826) and a net result of -€27,790. Equity is shrinking by ~84.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 4853 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
Size
€1.6mtotal assets 2024
- Equity
- -€88,826
- Loss
- -€27,790
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 52- Figures for FY 2024 (filed 02-08-2025)- No establishment unit in the KBO+ Size: total assets €1.6m+ Sector Real estate activities (NACE 68)Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 29% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
20+20
equity -5.4% of total assets
Liquidity
55+5
short-term debt 1.8% · cash 3.6%
Profitability
23+23
return on assets -1.7%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.4%
12-2024: 1.4%● 0.0% vs 11-2024
01-2025: 1.4%● 0.0% vs 12-2024
02-2025: 1.4%● 0.0% vs 01-2025
03-2025: 1.4%● 0.0% vs 02-2025
04-2025: 1.4%● 0.0% vs 03-2025
05-2025: 1.4%▲ +2.2% vs 04-2025
06-2025: 1.5%▲ +3.3% vs 05-2025
07-2025: 1.5%▲ +0.4% vs 06-2025
08-2025: 2.2%▲ +46.6% vs 07-2025
09-2025: 1.2%▼ -47.3% vs 08-2025
10-2025: 1.2%▲ +4.2% vs 09-2025
11-2025: 1.2%● 0.0% vs 10-2025
12-2025: 1.2%▼ -0.4% vs 11-2025
01-2026: 1.2%▲ +1.9% vs 12-2025
02-2026: 1.2%▲ +1.6% vs 01-2026
03-2026: 1.3%▲ +1.2% vs 02-2026
04-2026: 1.3%▲ +3.4% vs 03-2026
05-2026: 1.5%▲ +18.9% vs 04-2026
06-2026: 1.6%▲ +3.6% vs 05-2026
07-2026: 0.7%▼ -55.3% vs 06-2026lowest value
08-2026: 1.2%▲ +63.7% vs 07-2026
09-2026: 1.4%▲ +22.1% vs 08-2026
10-2026: 2.3%▲ +61.5% vs 09-2026highest value
- Figures for FY 2024 (filed 02-08-2025) raises the probability
- Size: total assets €1.6m lowers the probability for this profile
- Sector Real estate activities (NACE 68) lowers the probability
- No establishment unit in the KBO raises the probability
No credit on open account
Liquidity ample (current ratio 2.04; short-term debt: 1.8% and cash: 3.6% of total assets), but equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 15%, liquidity 65%, profitability 22%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€88,826
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
50 d early
2022
7 d late
2021
32 d early
2020
65 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Liquidity times 116current ratio 2.04
- Annual accounts filedfiscal year 2023 · full…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€88,826 View
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€27,790 View
- Caution: Among the weakest 12% on equitysector median €525,672 · 4,854 companies -€88,826 View
- Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
By topic
Timeline
- Events
- 7
- Since
- 2021
- 30-07-2025Annual accounts filed
- 31-12-2024Liquidity times 116
- 11-06-2024Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 01-07-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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