IMOVDS
ActiveSummary
IMOVDS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531,793 and a net result of €20,641. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 60% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+2
Solvency67▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.16 in 2024; short-term debt: 57.2% and cash: 13% of total assets), and 57.8% of the assets are financed with debt.
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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 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 2025Solvency, return and age of the figures
Solvency
42.2%
Return on assets
1.6%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 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 filingsDeviation from the deadline
2025
12 d late
2024
15 d early
2023
2 d early
2022
on the day
2021
69 d early
2020
69 d early
2019
77 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 31 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€531,793▲ 4.0%
2024 · €511,152
Total assets
€1.3m▲ 1.8%
2024 · €1.2m
Net result
€20,641▲ 19,291%
2024 · €106
Working capital
-€546,943▲ 9.3%
2024 · -€602,881
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,139€854▼ 86.1%€5,712▲ 569%€56▼ 99.0%€20,076▲ 35,891%
Net result€6,215within the sector's middle half€686within the sector's middle half▼ 89.0%€5,544within the sector's middle half▲ 709%€106within the sector's middle half▼ 98.1%€20,641within the sector's middle half▲ 19,291%
Equity€504,815above the sector's middle half▲ 1.2%€505,501above the sector's middle half▲ 0.1%€511,045above the sector's middle half▲ 1.1%€511,152above the sector's middle half=€531,793above the sector's middle half▲ 4.0%
Total assets€1.2mabove the sector's middle half▲ 0.7%€1.2mabove the sector's middle half▲ 0.3%€1.2mabove the sector's middle half▲ 0.3%€1.2mabove the sector's middle half▲ 0.2%€1.3mabove the sector's middle half▲ 1.8%
Debt€723,540▲ 0.4%€727,129▲ 0.5%€724,705▼ 0.3%€726,735▲ 0.3%€728,080▲ 0.2%
Working capital-€686,179below the sector's middle half▲ 4.0%-€675,005below the sector's middle half▲ 1.6%-€637,065below the sector's middle half▲ 5.6%-€602,881below the sector's middle half▲ 5.4%-€546,943below the sector's middle half▲ 9.3%
Solvency41.1%within the sector's middle half▲ 0.2pp41.0%within the sector's middle half▼ 0.1pp41.4%within the sector's middle half▲ 0.3pp41.3%within the sector's middle half▼ 0.1pp42.2%within the sector's middle half▲ 0.9pp
Current ratio0.05below the sector's middle half▲ 0.040.07below the sector's middle half▲ 0.020.12below the sector's middle half▲ 0.050.16below the sector's middle half▲ 0.050.24below the sector's middle half▲ 0.08
Return on assets (ROA)0.5%within the sector's middle half▲ 3.4pp0.1%within the sector's middle half▼ 0.5pp0.4%within the sector's middle half▲ 0.4pp0.0%within the sector's middle half▼ 0.4pp1.6%within the sector's middle half▲ 1.6pp
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 recovers in 2025; 2025 is 35,891% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▼ 3.1%
Current assets
€174,271 ▲ 47.6%
Equity and liabilities €1.3m
Equity
€531,793 ▲ 4.0%
Debt
€728,080 ▲ 0.2%
Debt's share of the balance-sheet total falls from 58.7% to 57.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65,115▲
2024 · €43,470
Cash flow
€65,680▲
2024 · €43,521
Quick ratio
0.23▲
2024 · 0.16
Debt to equity
1.37▼
2024 · 1.42
ROE
3.9%▲
2024 · 0.0%
Interest coverage
507.40▲
2024 · 329.32
Debt ≤ 1 year
€721,214=
2024 · €720,988
Debt > 1 year
€3,866▲
2024 · €3,716
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 6,048 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,473 | €38,858 | €42,075 | €43,415 | €45,039 | ▲ 3.7% |
| Other operating charges640/8 | - | €4,632 | €4,850 | €5,708 | €5,309 | ▼ 7.0% |
| Gross operating margin9900 | €49,618 | €44,343 | €52,637 | €49,178 | €70,424 | ▲ 43.2% |
| Operating profit (loss)9901 | €6,139 | €854 | €5,712 | €56 | €20,076 | ▲ 35,891% |
| Financial income75/76B | - | €0 | €0 | €183 | €694 | ▲ 280% |
| Recurring financial income75 | €244 | €0 | €0 | €183 | €694 | ▲ 280% |
| Financial charges65/66B | - | €168 | €168 | €132 | €128 | ▼ 2.8% |
| Recurring financial charges65 | €169 | €168 | €168 | €132 | €128 | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €6,215 | €686 | €5,544 | €106 | €20,641 | ▲ 19,291% |
| Profit (loss) for the period9904 | €6,215 | €686 | €5,544 | €106 | €20,641 | ▲ 19,291% |
| Profit (loss) for the period to be appropriated9905 | €6,215 | €686 | €5,544 | €106 | €20,641 | ▲ 19,291% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 1.8% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.1% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.1% |
| Land and buildings22 | - | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 3.6% |
| Plant, machinery and equipment23 | - | €28,190 | €34,034 | €41,313 | €45,199 | ▲ 9.4% |
| Furniture and vehicles24 | - | €7,500 | €8,483 | €8,052 | €8,287 | ▲ 2.9% |
| Current assets29/58 | €35,256 | €49,933 | €84,523 | €118,107 | €174,271 | ▲ 47.6% |
| Stocks and contracts in progress3 | - | - | - | - | €7,500 | - |
| Stocks30/36 | - | - | - | - | €7,500 | - |
| Amounts receivable within one year40/41 | €244 | - | - | €55 | €263 | ▲ 381% |
| Other amounts receivable41 | - | - | - | €55 | €263 | ▲ 381% |
| Cash at bank and in hand54/58 | €31,962 | €47,256 | €81,870 | €114,948 | €163,347 | ▲ 42.1% |
| Deferred charges and accrued income490/1 | - | €2,678 | €2,653 | €3,105 | €3,161 | ▲ 1.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 1.8% |
| Equity10/15 | €504,815 | €505,501 | €511,045 | €511,152 | €531,793 | ▲ 4.0% |
| Contributions10/11 | - | €720,000 | €720,000 | €720,000 | €720,000 | = |
| Profit (loss) carried forward14 | -€215,185 | -€214,499 | -€208,955 | -€208,848 | -€188,207 | ▲ 9.9% |
| Amounts payable17/49 | €723,540 | €727,129 | €724,705 | €726,735 | €728,080 | ▲ 0.2% |
| Amounts payable after more than one year17 | - | €781 | €1,797 | €3,716 | €3,866 | ▲ 4.0% |
| Financial debts170/4 | - | €781 | €1,797 | €3,716 | €3,866 | ▲ 4.0% |
| Amounts payable within one year42/48 | €721,435 | €724,938 | €721,588 | €720,988 | €721,214 | = |
| Trade debts44 | €1,435 | €1,338 | €1,063 | €434 | €659 | ▲ 52.1% |
| Suppliers440/4 | - | €1,338 | €1,063 | €434 | €659 | ▲ 52.1% |
| Taxes, remuneration and social security45 | - | €100 | €100 | - | - | - |
| Remuneration and social security454/9 | - | €100 | €100 | - | - | - |
| Other amounts payable47/48 | - | €723,501 | €720,425 | €720,554 | €720,554 | = |
| Accrued charges and deferred income492/3 | - | €1,410 | €1,320 | €2,030 | €3,000 | ▲ 47.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,215 | €686 | €5,544 | €106 | €20,641 | ▲ 19,291% |
| + Depreciation and write-downs630 | €38,473 | €38,858 | €42,075 | €43,415 | €45,039 | ▲ 3.7% |
| Operating cash flow (approximation) | €44,688 | €39,543 | €47,619 | €43,521 | €65,680 | ▲ 50.9% |
| Investment in fixed assets (approximation) | - | -€28,454 | -€10,606 | -€11,966 | -€10,863 | ▲ 9.2% |
| Change in cash | - | €15,294 | €34,614 | €33,078 | €48,399 | ▲ 46.3% |
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
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
30-06
Financial
Highest result since 2019net €20,641 ▲19,291%
Operating result €20,076, net result €20,641, both a record.
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €6,215
Net result €6,215 after 2 loss-making years.
30-06
Financial
Equity above €500,000Eq €504,815 ▲1.2%
Equity rises from €498,600 to €504,815.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet -€35,743
Net result drops to -€35,743, the lowest in the series; recovery starts the following year.
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Froidchapelle · 2 establishment units since 2011
Ground area
3,445 m²
Building footprint
294 m²
Volume, LiDAR
1,800 m³
2 parcels, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
IMOVDS
since 20112.270.370.716
IMOVDS
since 20182.270.370.617
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56013A0888/00E000 | Wallonia | 3,371 m² | 1 · 294 m² | 8.9 m · 2 fl. |
| 56013B0586/00P000 | Wallonia | 74 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFroidchapelle2.270.370.617
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P.V.B. ENTRY
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Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 5,018 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
Founded07-04-2011
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
01420Raising of other cattle and buffaloes
66300Activities auxiliary to financial services and insurance activities
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835265713
Also
9925:BE0835265713
Registered
18-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.