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IMOROM

Active
Public limited companyfounded 199035 yrs activeTreft 25, 1853 Grimbergen, BelgiumKBO/BCE: BE 0442.375.725
Summary

IMOROM has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€331,806) and a net result of -€9,348. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 7% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+36
Solvency9=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.02 in 2024; short-term debt: 116.5% and cash: 0.2% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
-16.5%
Return on assets
-0.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€331,806
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
19 d late
2024
3 d early
2023
20 d early
2022
5 d early
2021
92 d late
2020
188 d late
2019
30 d early
← 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 34 days after 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IMOROM was incorporated on 24 October 1990.1 The registered office was moved to Grimbergen in 2026.2 Total assets rose from EUR 422,394 in 2018 to EUR 2 million in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 03-09-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€9,348▲ 97.9%
2024 · -€453,712
Working capital
-€2.3m▼ 0.4%
2024 · -€2.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€15,055▼ 667%-€23,695▼ 57.4%-€26,601▼ 12.3%-€452,823▼ 1,602%-€8,515▲ 98.1%
Net result-€15,250▼ 588%-€65,399▼ 329%-€26,919▲ 58.8%-€453,712▼ 1,585%-€9,348▲ 97.9%
Equity€223,573▼ 6.4%€158,174▼ 29.3%€131,255▼ 17.0%-€322,457-€331,806▼ 2.9%
Total assets€421,662▲ 0.1%€798,606▲ 89.4%€423,968▼ 46.9%€2.1m▲ 385%€2.0m▼ 2.2%
Debt€198,089▲ 8.6%€640,432▲ 223%€292,712▼ 54.3%€2.4m▲ 713%€2.3m▼ 1.5%
Working capital€20,397▼ 42.8%-€39,046-€68,143▼ 74.5%-€2.3m▼ 3,321%-€2.3m▼ 0.4%
Why a figure moved sharply
  • 2025 Net result +98% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
  • 2024 Net result -1,585%, Total assets +385% on 2023. Cause not known from the registers.
  • 2022 Total assets +89% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2021: -€15,055-€15,055Net result 2021: -€15,250-€15,250Operating result 2022: -€23,695-€23,695Net result 2022: -€65,399-€65,399Operating result 2023: -€26,601-€26,601Net result 2023: -€26,919-€26,919Operating result 2024: -€452,823-€452,823Net result 2024: -€453,712-€453,712Operating result 2025: -€8,515-€8,515Net result 2025: -€9,348-€9,34820212022202320242025-€600,000-€400,000-€200,000€0Operating result 2023: -€26,601-€26,600Net result 2023: -€26,919-€26,900Operating result 2024: -€452,823-€453,000Net result 2024: -€453,712-€454,000Operating result 2025: -€8,515-€8,510Net result 2025: -€9,348-€9,350202320242025
The operating result stays negative: a loss of €8,515 in 2025 against €452,823 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €2.0m =
Current assets €3,124 ▼ 93.4%
Key figures and ratios
2025 value · change against 2024
Solvency
-16.5%▼
2024 · -15.7%
Current ratio
0.00▼
2024 · 0.02
Debt to equity
-7.06▲
2024 · -7.38
ROA
-0.5%▲
2024 · -22.1%
Debt ≤ 1 year
€2.3m▼
2024 · €2.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.7% went bankrupt
3.9% stopped otherwise
93% still going

A further 1.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 1,242 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€2.0m▼
Fixed assets21/28€2.0m€2.0m=
Tangible fixed assets22/27€2.0m€2.0m=
Land and buildings22€2.0m€2.0m=
Current assets29/58€47,647€3,124▼
Cash at bank and in hand54/58€47,647€3,124▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.0m▼
Equity10/15-€322,457-€331,806▼
Contributions10/11€297,472€297,472=
Capital10€297,472€297,472=
Issued capital100€297,472€297,472=
Profit (loss) carried forward14-€619,929-€629,278▼
Amounts payable17/49€2.4m€2.3m▼
Amounts payable within one year42/48€2.4m€2.3m▼
Trade debts44€5,240€5,240=
Suppliers440/4€5,240€5,240=
Other amounts payable47/48€2.4m€2.3m▼
Accrued charges and deferred income492/3€151€136▼
Income statement Code20242025
Other operating charges640/8€400€721▲
Non-recurring operating charges66A€442,000-
Gross operating margin9900-€10,424-€7,794▲
Operating profit (loss)9901-€452,823-€8,515▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€889€834▼
Recurring financial charges65€889€834▼
Profit (loss) for the period before taxes9903-€453,712-€9,348▲
Profit (loss) for the period9904-€453,712-€9,348▲
Profit (loss) for the period to be appropriated9905-€453,712-€9,348▲
Appropriation of the result
Profit (loss) to be appropriated9906-€619,929-€629,278▼
Profit (loss) brought forward from the previous period14P-€166,217-€619,929▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€768€698€984€400€721▲ 80.4%
Non-recurring operating charges66A---€442,000--
Gross operating margin9900-€14,287-€22,997-€25,616-€10,424-€7,794▲ 25.2%
Operating profit (loss)9901-€15,055-€23,695-€26,601-€452,823-€8,515▲ 98.1%
Financial income75/76B--€436€0--
Recurring financial income75--€436€0--
Financial charges65/66B€196€41,705€754€889€834▼ 6.2%
Recurring financial charges65€196€41,705€754€889€834▼ 6.2%
Profit (loss) for the period before taxes9903-€15,250-€65,399-€26,919-€453,712-€9,348▲ 97.9%
Profit (loss) for the period9904-€15,250-€65,399-€26,919-€453,712-€9,348▲ 97.9%
Profit (loss) for the period to be appropriated9905-€15,250-€65,399-€26,919-€453,712-€9,348▲ 97.9%
Line20212022202320242025Change
Assets
Total assets20/58€421,662€798,606€423,968€2.1m€2.0m▼ 2.2%
Fixed assets21/28€203,176€203,176€203,176€2.0m€2.0m=
Tangible fixed assets22/27€203,176€203,176€203,176€2.0m€2.0m=
Land and buildings22€203,176€203,176€203,176€2.0m€2.0m=
Current assets29/58€218,486€595,430€220,792€47,647€3,124▼ 93.4%
Amounts receivable within one year40/41€57,700€16,500€0---
Other amounts receivable41€57,700€16,500€0---
Cash at bank and in hand54/58€683€418,827€60,689€47,647€3,124▼ 93.4%
Deferred charges and accrued income490/1€160,103€160,103€160,103€0--
Equity and liabilities
Total equity and liabilities10/49€421,662€798,606€423,968€2.1m€2.0m▼ 2.2%
Equity10/15€223,573€158,174€131,255-€322,457-€331,806▼ 2.9%
Contributions10/11€297,472€297,472€297,472€297,472€297,472=
Capital10€297,472€297,472€297,472€297,472€297,472=
Issued capital100€297,472€297,472€297,472€297,472€297,472=
Profit (loss) carried forward14-€73,899-€139,298-€166,217-€619,929-€629,278▼ 1.5%
Amounts payable17/49€198,089€640,432€292,712€2.4m€2.3m▼ 1.5%
Amounts payable within one year42/48€198,089€634,476€288,934€2.4m€2.3m▼ 1.5%
Trade debts44€5,116€521€4,979€5,240€5,240=
Suppliers440/4€5,116€521€4,979€5,240€5,240=
Other amounts payable47/48€192,973€633,955€283,955€2.4m€2.3m▼ 1.5%
Accrued charges and deferred income492/3-€5,956€3,778€151€136▼ 9.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€15,250-€65,399-€26,919-€453,712-€9,348▲ 97.9%
Operating cash flow (approximation)-€15,250-€65,399-€26,919-€453,712-€9,348▲ 97.9%
Investment in fixed assets (approximation)-€0€0-€1.8m€0▲ 100%
Change in cash-€418,144-€358,138-€13,042-€44,523▼ 241%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-09
State Gazette act Registered office
Registered-office move · Director in office2 facts ▸
  • Registered-office move, Tref 25 te 1853 Grimbergen
  • Director in office, Ali Amerian (director)
19-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 19 days late
2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€453,712
Net result drops to -€453,712, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
04-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 188 days late
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
19-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts

Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
3,073 m²
Building footprint
1,740 m²
Volume, LiDAR
1,170 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMOROM NV
Wijngaardstraat(KE) 34, 9451 HaaltertNACE 70201
since 19912.054.079.918
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41033B0750/00K000 Flanders 2,289 m² 1 · 1,609 m² -
23084B0071/00B020 Flanders 784 m² 1 · 131 m² 14.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group SGS INVEST 20 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. SGS INVEST 100%
  2. IMOROM

Highest known parent: SGS INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 3,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442375725
Also 9925:BE0442375725
Registered 18-08-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.