IMMOWILLCO
ActiveIMMOWILLCO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.23M and a net result of €329k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
71
/ 100
Healthy▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+45
Solvency66=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.02 in 2023), and 34.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
65.1%
Return on assets
9.6%
Age of the figures
20 mo
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 28-04-2025, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
94 d early
2023
34 d early
2022
42 d early
2021
53 d early
2020
24 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.23M▲ 1.3%
2023 · €2.21M
2018: €2.61M
2019: €2.81M
2020: €2.52M
2021: €2.91M
2022: €2.08M
2023: €2.21M
2018 → 2024
Total assets
€3.43M▼ 0.9%
2023 · €3.47M
2018: €4.20M
2019: €4.49M
2020: €3.97M
2021: €3.81M
2022: €3.62M
2023: €3.47M
2018 → 2024
Net result
€329k▲ 156%
2023 · €129k
2018: €183k
2019: €204k
2020: €157k
2021: €395k
2022: €125k
2023: €129k
2018 → 2024
Working capital
€-551k▼ 2.2%
2023 · €-539k
2018: €-1.24M
2019: €-515k
2020: €-897k
2021: €-517k
2022: €-650k
2023: €-539k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.52M-€2.91M▲ 15.7%€2.08M▼ 28.7%€2.21M▲ 6.2%€2.23M▲ 1.3%
Operating result€244k-€595k▲ 144%€190k▼ 68.1%€234k▲ 23.4%€379k▲ 61.8%
Net result€157k-€395k▲ 152%€125k▼ 68.3%€129k▲ 2.8%€329k▲ 156%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 62% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.43M
Fixed assets
€3.33M▼ 3.7%
Current assets
€110k▲ 786%
Equity and liabilities €3.43M
Equity
€2.23M▲ 1.3%
Debt
€1.20M▼ 4.8%
The debt ratio falls from 36.4% to 34.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€508k▲
2023 · €363k
Cash flow
€458k▲
2023 · €258k
Solvency
65.1%▲
2023 · 63.6%
Current ratio
0.17▲
2023 · 0.02
Quick ratio
0.17▲
2023 · 0.02
Debt / equity
0.54▼
2023 · 0.57
ROE
14.7%▲
2023 · 5.8%
ROA
9.6%▲
2023 · 3.7%
Interest coverage
12.88▲
2023 · 7.71
Debt
€1.20M▼
2023 · €1.26M
Debt ≤ 1 year
€660k▲
2023 · €551k
Debt > 1 year
€538k▼
2023 · €709k
Income taxes
€11k▼
2023 · €59k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.47M€3.43M▼
Fixed assets21/28€3.45M€3.33M▼
Tangible fixed assets22/27€3.45M€3.33M▼
Land and buildings22€3.45M€3.32M▼
Plant, machinery and equipment23€1k€614▼
Current assets29/58€12k€110k▲
Amounts receivable within one year40/41€0€78k▲
Trade receivables40€0€4k▲
Other amounts receivable41-€74k
Cash at bank and in hand54/58€5k€15k▲
Deferred charges and accrued income490/1€7k€16k▲
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.43M▼
Equity10/15€2.21M€2.23M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.28M€1.28M=
Non-distributable reserves130/1€51k€51k=
Legal reserve130€51k€51k=
Distributable reserves133€1.22M€1.22M=
Profit (loss) carried forward14€868k€897k▲
Amounts payable17/49€1.26M€1.20M▼
Amounts payable after more than one year17€709k€538k▼
Financial debts170/4€709k€538k▼
Amounts payable within one year42/48€551k€660k▲
Current portion of amounts payable after more than one year42€342k€239k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€22k€6k▼
Suppliers440/4€22k€6k▼
Taxes, remuneration and social security45€111k€96k▼
Taxes450/3€111k€96k▼
Remuneration and social security454/9€121€0▼
Other amounts payable47/48€76k€320k▲
Accrued charges and deferred income492/3€693€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129k€129k=
Other operating charges640/8€63k€66k▲
Gross operating margin9900€426k€574k▲
Operating profit (loss)9901€234k€379k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€47k€39k▼
Recurring financial charges65€47k€39k▼
Profit (loss) for the period before taxes9903€187k€340k▲
Income taxes67/77€59k€11k▼
Profit (loss) for the period9904€129k€329k▲
Profit (loss) for the period to be appropriated9905€129k€329k▲
Appropriation of the result
Profit (loss) to be appropriated9906€997k€1.20M▲
Profit (loss) brought forward from the previous period14P€868k€868k=
Transfer from equity791/2€0-
Transfer to equity691/2€129k€0▼
To other reserves6921€129k€0▼
Profit to be distributed694/7€0€300k▲
Return on contributions (dividend)694€0-
Directors or managers695-€300k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €125k ▼68.3%
Net result drops to €125k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €395k ▲152%
Operating result €595k, net result €395k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are 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, Gent · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korenlei 17-199000 GentGround area
624 m²
Building footprint
306 m²
Volume, LiDAR
4,985 m³
Parcel 44815F1349/00F000, Flanders · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NV IMMOWILL
since 19872.033.746.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1349/00F000 | Flanders | 624 m² | 1 · 306 m² | 22.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-11-1983
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.