Imo4
ActiveSummary
Imo4 has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,823 and a net result of -€10,174. Equity has been shrinking by about 3.7% per year since 2019. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-06-2008 Normal situation
- Activity
- “La constitution et la gestion d'un propre patrimoine immobilier,notamment l'achat,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €41,457
- ▲ 22.6%
- Turnover
- ≈ €170,000
- estimated
- Loss
- €10,174
- ▼ 6.8%
- Equity
- €137,823
- ▼ 6.9%
- Total assets
- €653,803
- ▲ 3.8%
Score breakdownraises riskLiquidity: current ratio 0.04, cash €4,205, halvedNo registered site in the KBOlowers riskSize: total assets €653,803Figures for financial year 2025 (filed on 04-02-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 28% of them on solvency, 8% on liquidity, 44% on profitability and 28% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 21 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-01-2026 PDF all 17 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €10,003, smaller than the loss of €10,617 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €13,779 | €34,048 | €6,678 | €67,818 |
| Depreciation and write-downs of the year | €32,361 | €37,398 | €40,276 | €47,397 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €3,700 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,370 | €25,302 | €28,864 | €32,361 | €37,398 | €40,276 | €47,397 | ▲ 17.7% |
| Other operating charges640/8 | - | - | - | €3,527 | €7,633 | €4,152 | €4,063 | ▼ 2.2% |
| Gross operating margin9900 | €35,115 | €36,242 | €36,815 | €36,734 | €33,458 | €33,812 | €41,457 | ▲ 22.6% |
| Operating profit (loss)9901 | -€385 | €6,187 | €5,060 | €845 | -€11,574 | -€10,617 | -€10,003 | ▲ 5.8% |
| Financial income75/76B | - | - | - | €0 | - | €0 | €17 | ▲ 37× |
| Recurring financial income75 | - | - | - | €0 | - | €0 | €17 | ▲ 37× |
| Financial charges65/66B | - | - | - | €2,457 | €1,687 | - | €0 | - |
| Recurring financial charges65 | €5,756 | €4,997 | €4,270 | €2,457 | €1,687 | - | €0 | - |
| Profit (loss) for the period before taxes9903 | -€6,141 | €1,191 | €790 | -€1,611 | -€13,262 | -€10,616 | -€9,986 | ▲ 5.9% |
| Income taxes67/77 | €321 | €117 | €257 | €265 | €285 | €297 | €188 | ▼ 36.8% |
| Profit (loss) for the period9904 | -€6,462 | €1,073 | €533 | -€1,877 | -€13,547 | -€10,913 | -€10,174 | ▲ 6.8% |
| Profit (loss) for the period to be appropriated9905 | -€6,462 | €1,073 | €533 | -€1,877 | -€13,547 | -€10,913 | -€10,174 | ▲ 6.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €691,279 | €683,506 | €688,921 | €676,517 | €678,167 | €629,606 | €653,803 | ▲ 3.8% |
| Fixed assets21/28 | €680,555 | €657,301 | €670,086 | €651,503 | €648,152 | €614,554 | €634,976 | ▲ 3.3% |
| Tangible fixed assets22/27 | €680,555 | €657,301 | €670,086 | €651,503 | €648,152 | €614,554 | €634,976 | ▲ 3.3% |
| Land and buildings22 | - | - | - | €611,575 | €589,900 | €568,225 | €546,550 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €39,002 | €57,538 | €45,827 | €82,346 | ▲ 79.7% |
| Furniture and vehicles24 | - | - | - | €926 | €714 | €502 | €6,080 | ▲ 12× |
| Current assets29/58 | €10,724 | €26,205 | €18,835 | €25,014 | €30,014 | €15,051 | €18,827 | ▲ 25.1% |
| Amounts receivable within one year40/41 | €710 | €1,037 | €2,833 | €6,097 | €3,579 | €4,692 | €12,513 | ▲ 167% |
| Trade receivables40 | - | - | - | €6,097 | €3,579 | €4,692 | €12,513 | ▲ 167% |
| Cash at bank and in hand54/58 | €8,822 | €24,213 | €15,136 | €18,194 | €25,563 | €9,166 | €4,205 | ▼ 54.1% |
| Deferred charges and accrued income490/1 | - | - | - | €723 | €873 | €1,193 | €2,109 | ▲ 76.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €691,279 | €683,506 | €688,921 | €676,517 | €678,167 | €629,606 | €653,803 | ▲ 3.8% |
| Equity10/15 | €172,728 | €173,801 | €174,334 | €172,457 | €158,910 | €147,997 | €137,823 | ▼ 6.9% |
| Contributions10/11 | €370,000 | €370,000 | - | €370,000 | €370,000 | €370,000 | €370,000 | = |
| Profit (loss) carried forward14 | -€197,272 | -€196,199 | -€195,666 | -€197,543 | -€211,090 | -€222,003 | -€232,177 | ▼ 4.6% |
| Amounts payable17/49 | €518,551 | €509,705 | €514,587 | €504,060 | €519,257 | €481,609 | €515,980 | ▲ 7.1% |
| Amounts payable after more than one year17 | €136,872 | €119,434 | €102,831 | €2,650 | €2,870 | €2,870 | €2,870 | = |
| Other amounts payable178/9 | - | - | - | €2,650 | €2,870 | €2,870 | €2,870 | = |
| Amounts payable within one year42/48 | €381,348 | €386,899 | €410,274 | €500,159 | €515,072 | €477,163 | €511,474 | ▲ 7.2% |
| Trade debts44 | €2,482 | €2,931 | €4,416 | €4,281 | €8,567 | €3,428 | €11,341 | ▲ 231% |
| Suppliers440/4 | - | - | - | €4,281 | €8,567 | €3,428 | €11,341 | ▲ 231% |
| Taxes, remuneration and social security45 | - | - | - | €265 | €285 | €297 | €182 | ▼ 38.5% |
| Taxes450/3 | - | - | - | €265 | €285 | €297 | €182 | ▼ 38.5% |
| Other amounts payable47/48 | - | - | - | €495,612 | €506,220 | €473,438 | €499,950 | ▲ 5.6% |
| Accrued charges and deferred income492/3 | - | - | - | €1,251 | €1,315 | €1,576 | €1,636 | ▲ 3.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,462 | €1,073 | €533 | -€1,877 | -€13,547 | -€10,913 | -€10,174 | ▲ 6.8% |
| + Depreciation and write-downs630 | €32,370 | €25,302 | €28,864 | €32,361 | €37,398 | €40,276 | €47,397 | ▲ 17.7% |
| Operating cash flow (approximation) | €25,908 | €26,375 | €29,397 | €30,485 | €23,852 | €29,363 | €37,223 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | -€2,048 | -€41,649 | -€13,779 | -€34,048 | -€6,678 | -€67,818 | ▼ 916% |
| Change in cash | - | €15,391 | -€9,077 | €3,058 | €7,369 | -€16,396 | -€4,962 | ▲ 69.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,423 companies had the same profile as Imo4 has now. Two years later, 1.0% had gone bankrupt and 96.5% were still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Imo4 itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for Imo4. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 31-01-2026 | 2026-00030910 | |
| 30-06-2024 | micro format | 09-01-2025 | 2025-00003014 | |
| 30-06-2023 | micro format | 02-01-2024 | 2024-00542423 | |
| 30-06-2022 | micro format | 10-01-2023 | 2023-20556931 | |
| 30-06-2021 | micro format | 11-01-2022 | 2022-00700480 | |
| 30-06-2020 | micro format | 12-01-2021 | 2021-00900479 | |
| 30-06-2019 | micro format | 24-12-2019 | 2019-77500418 | |
| 30-06-2018 | micro format | 15-01-2019 | 2019-01400245 | |
| 30-06-2017 | micro format | 01-03-2018 | 2018-06100386 | |
| 30-06-2016 | full format | 03-01-2017 | 2017-00200052 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MOTTE Guy-Loup |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d’administration, 1”
Articles of association, deed of 16-05-2022 (in French)
Network & group
Imo4 shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Imo4. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-05
Gazette deed
Change of role: MOTTE Guy-Loup, from manager to directorCapital conversion · Reserve release · Amendment of the articles7 points ▸
- General meeting, 26-04-2022
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “unanimité des voix, supprimer compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, MOTTE Guy-Loup (manager)
- Director appointment, MOTTE Guy-Loup (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
3 activities
- La constitution et la gestion d'un propre patrimoine immobilier,notamment l'achat,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immeubles
- Toutes prestations de conseils et services dans le secteur immobilier,en ce compris la gestion de projets
- Le service et le conseil en gestion
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21614F0170/00W007 | Brussels | 1,819 m² | 1 · 160 m² | 15.2 m · 2 |