IMMOWONEN
ActiveSummary
IMMOWONEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500 and a net result of -€11,578. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-92
Solvency26▼-73
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.9 against 3.47 in 2024; short-term debt: 98.8% and cash: 2.4% of total assets), and 99.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
0.6%
Return on assets
-15%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 14284 sector peers (2025).
NBB · sector comparisonPosition among 14284 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-03-2026, 124 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
124 d early
2024
8 d early
2023
27 d early
2022
34 d early
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€500▼ 99.3%
2024 · €68,685
Total assets
€76,949▼ 17.3%
2024 · €93,028
Net result
-€11,578
2024 · €17,165
Working capital
-€7,281
2024 · €60,116
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€40,319€34,902-€12,131€19,769-€12,678
Net result-€39,993below the sector's middle half€34,362above the sector's middle half-€12,214below the sector's middle half€17,165within the sector's middle half-€11,578below the sector's middle half
Equity€29,372within the sector's middle half▼ 57.7%€63,734within the sector's middle half▲ 117%€51,520within the sector's middle half▼ 19.2%€68,685within the sector's middle half▲ 33.3%€500below the sector's middle half▼ 99.3%
Total assets€74,955below the sector's middle half▼ 33.4%€84,227below the sector's middle half▲ 12.4%€77,936below the sector's middle half▼ 7.5%€93,028below the sector's middle half▲ 19.4%€76,949below the sector's middle half▼ 17.3%
Debt€45,583▲ 5.4%€20,494▼ 55.0%€26,416▲ 28.9%€24,343▼ 7.8%€76,449▲ 214%
Working capital€15,678within the sector's middle half▼ 75.5%€50,873within the sector's middle half▲ 224%€41,350within the sector's middle half▼ 18.7%€60,116within the sector's middle half▲ 45.4%-€7,281within the sector's middle half
Solvency39.2%within the sector's middle half▼ 22.4pp75.7%above the sector's middle half▲ 36.5pp66.1%above the sector's middle half▼ 9.6pp73.8%above the sector's middle half▲ 7.7pp0.6%below the sector's middle half▼ 73.2pp
Current ratio1.35within the sector's middle half▼ 1.153.48above the sector's middle half▲ 2.132.57within the sector's middle half▼ 0.923.47above the sector's middle half▲ 0.900.90within the sector's middle half▼ 2.57
Return on assets (ROA)-53.4%below the sector's middle half▼ 114.5pp40.8%above the sector's middle half▲ 94.2pp-15.7%below the sector's middle half▼ 56.5pp18.5%above the sector's middle half▲ 34.1pp-15.0%below the sector's middle half▼ 33.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,678 after €19,769 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,949
Fixed assets
€8,238 ▼ 3.9%
Current assets
€68,711 ▼ 18.6%
Equity and liabilities €76,949
Equity
€500 ▼ 99.3%
Debt
€76,449 ▲ 214%
Debt's share of the balance-sheet total rises from 26.2% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€10,316▼
2024 · €22,770
Cash flow
-€9,216▼
2024 · €20,166
Interest coverage
-152.06▼
2024 · 121.92
Debt ≤ 1 year
€75,992▲
2024 · €24,343
Income taxes
€132▼
2024 · €3,448
Equity ratios withheld: equity of €500 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 646 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
5.9%
stopped otherwise
86%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% 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 497,340 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% | 1.8% |
| 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 646 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,451 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,513 | €2,690 | €2,690 | €3,001 | €2,362 | ▼ 21.3% |
| Other operating charges640/8 | €887 | €743 | €931 | €697 | €789 | ▲ 13.2% |
| Gross operating margin9900 | -€37,919 | €38,336 | -€8,510 | €24,918 | -€9,527 | ▼ 138% |
| Operating profit (loss)9901 | -€40,319 | €34,902 | -€12,131 | €19,769 | -€12,678 | ▼ 164% |
| Financial income75/76B | €732 | €422 | €479 | €1,031 | €1,299 | ▲ 26.0% |
| Recurring financial income75 | €732 | €422 | €479 | €1,031 | €1,299 | ▲ 26.0% |
| Financial charges65/66B | €296 | €62 | €253 | €187 | €68 | ▼ 63.7% |
| Recurring financial charges65 | €296 | €62 | €253 | €187 | €68 | ▼ 63.7% |
| Profit (loss) for the period before taxes9903 | -€39,883 | €35,263 | -€11,906 | €20,614 | -€11,446 | ▼ 156% |
| Income taxes67/77 | €110 | €901 | €308 | €3,448 | €132 | ▼ 96.2% |
| Profit (loss) for the period9904 | -€39,993 | €34,362 | -€12,214 | €17,165 | -€11,578 | ▼ 167% |
| Profit (loss) for the period to be appropriated9905 | -€39,993 | €34,362 | -€12,214 | €17,165 | -€11,578 | ▼ 167% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,955 | €84,227 | €77,936 | €93,028 | €76,949 | ▼ 17.3% |
| Fixed assets21/28 | €14,173 | €12,860 | €10,170 | €8,569 | €8,238 | ▼ 3.9% |
| Tangible fixed assets22/27 | €13,273 | €11,960 | €9,270 | €7,669 | €7,338 | ▼ 4.3% |
| Land and buildings22 | €6,810 | €6,065 | €5,319 | €4,573 | €3,827 | ▼ 16.3% |
| Plant, machinery and equipment23 | €5,264 | €3,757 | €2,250 | €743 | - | - |
| Furniture and vehicles24 | €1,199 | €761 | €324 | €975 | €2,134 | ▲ 119% |
| Other tangible fixed assets26 | - | €1,377 | €1,377 | €1,377 | €1,377 | = |
| Financial fixed assets28 | €900 | €900 | €900 | €900 | €900 | = |
| Current assets29/58 | €60,781 | €71,367 | €67,766 | €84,460 | €68,711 | ▼ 18.6% |
| Amounts receivable after more than one year29 | €48,800 | €28,600 | €28,600 | €49,375 | €28,600 | ▼ 42.1% |
| Other amounts receivable291 | €48,800 | €28,600 | €28,600 | €49,375 | €28,600 | ▼ 42.1% |
| Amounts receivable within one year40/41 | €4,550 | €10,259 | €8,049 | €367 | €19,633 | ▲ 5,252% |
| Trade receivables40 | - | - | €5,838 | - | €1,142 | - |
| Other amounts receivable41 | €4,550 | €10,259 | €2,211 | €367 | €18,490 | ▲ 4,940% |
| Cash at bank and in hand54/58 | €2,056 | €26,728 | €14,358 | €12,707 | €1,819 | ▼ 85.7% |
| Deferred charges and accrued income490/1 | €5,375 | €5,781 | €16,759 | €22,011 | €18,659 | ▼ 15.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,955 | €84,227 | €77,936 | €93,028 | €76,949 | ▼ 17.3% |
| Equity10/15 | €29,372 | €63,734 | €51,520 | €68,685 | €500 | ▼ 99.3% |
| Contributions10/11 | €500 | €500 | €500 | €500 | €500 | = |
| Reserves13 | €28,872 | €63,234 | €51,020 | €68,185 | - | - |
| Distributable reserves133 | €28,872 | €63,234 | €51,020 | €68,185 | - | - |
| Amounts payable17/49 | €45,583 | €20,494 | €26,416 | €24,343 | €76,449 | ▲ 214% |
| Amounts payable within one year42/48 | €45,103 | €20,494 | €26,416 | €24,343 | €75,992 | ▲ 212% |
| Financial debts43 | €617 | €688 | €3,376 | €102 | - | - |
| Credit institutions430/8 | €617 | €688 | - | €102 | - | - |
| Other loans439 | - | - | €3,376 | - | - | - |
| Trade debts44 | €19,983 | €10,138 | €17,123 | €19,887 | €18,409 | ▼ 7.4% |
| Suppliers440/4 | €19,983 | €10,138 | €17,123 | €19,887 | €18,409 | ▼ 7.4% |
| Taxes, remuneration and social security45 | €23,394 | €7,453 | €3,961 | €2,225 | €976 | ▼ 56.1% |
| Taxes450/3 | €23,394 | €7,453 | €3,961 | €2,225 | €976 | ▼ 56.1% |
| Other amounts payable47/48 | €1,108 | €2,214 | €1,955 | €2,129 | €56,607 | ▲ 2,559% |
| Accrued charges and deferred income492/3 | €480 | - | - | - | €457 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,993 | €34,362 | -€12,214 | €17,165 | -€11,578 | ▼ 167% |
| + Depreciation and write-downs630 | €1,513 | €2,690 | €2,690 | €3,001 | €2,362 | ▼ 21.3% |
| Operating cash flow (approximation) | -€38,480 | €37,052 | -€9,523 | €20,166 | -€9,216 | ▼ 146% |
| Investment in fixed assets (approximation) | - | -€1,377 | €0 | -€1,400 | -€2,031 | ▼ 45.1% |
| Change in cash | - | €24,672 | -€12,370 | -€1,651 | -€10,888 | ▼ 559% |
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
Next filing, fiscal year 2026, expected by
2026
29-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,165
Net result €17,165 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €34,362
Net result €34,362 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.48
Current ratio from 1.35 to 3.48; short-term debt falls from €45,103 to €20,494.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€39,993
Net result drops to -€39,993, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2020
Ground area
114 m²
Building footprint
114 m²
Volume, LiDAR
768 m³
Parcel 24432H0056/00C006, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IMMOWONEN
since 20202.309.915.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432H0056/00C006 | Flanders | 114 m² | 1 · 114 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757884556
Also
9925:BE0757884556
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.