Losses
-€115,260 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Inmo West
Lifetime
12 annual accounts with figures on one time axis, 13 filings since 2013peak €150,834 (2014)
€55,540▲ 71.4%
lowest -€95,183 (2014)
-€54,471▼ €51,369
peak €2.9m (2021)
€2.3m▼ 2.3%
€4,563▲ 57.0%
Board3 names since 2021
3 directorsINGELBEEN and 2 others
Owners
100%Ingelbeen
Documentsfilings and deeds
28-08-202628 days late
2025financial year
Turnover from €32,400 to €55,540Loss of €54,471Permanent representative: Jan Ingelbeen 18-08Debts from €2,906 to €4,563Investments €350,426Cash from €25,321 to €15,882
Key points
from the 2025 annual accountsInvestments
€400,426 8.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 21.0% higher than in 2024.
Payment terms
56 days to suppliers
Inmo West pays its suppliers 54 days later than in 2024. Customers pay 11 days earlier.
Filings
13 annual accounts since 2013
Three of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.
At the same address
5 companies
Position in the sector
99.8%
Higher solvency than 95% of companies in real estate. Sector median 38.2% · 5,810 companies.
Checked score
97
Excellent
Financially stronger than 76% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 43.97, cash €15,882
lowers risk
Size: turnover €55,540, total assets €2.3m
Equity €2.3m (99.8% of total assets)
Figures for financial year 2025 (filed on 01-09-2026)
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 (NACE 68, small). It does better than 92% of them on solvency, 63% on liquidity, 87% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,686 companies had the same profile as Inmo West has now. Each dot stands for 7 companies, two years later.
93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Inmo West itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,686 companies, not a prediction for Inmo West. 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.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 43.97, above the usual 1.5. Short-term debt is 0.2% and cash 0.7% of total assets. 0.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
6 days early
2023
27 days late
2022
4 days early
2021
30 days late
2020
5 days early
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0501775654
Permanent representative: Jan Ingelbeen
enig aandeelhouder holds all the shares · Gazette deed
3 directors reappointed
INGELBEEN, INGELBEEN Alexander and INGELBEEN Tanguy · Permanent representative: INGELBEEN Jan · General meeting of 14-09-2023 · Gazette deed
Appointments: INGELBEEN Alexander (director) and INGELBEEN Tanguy (director)
General meeting of 31-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Inmo West Ingelmunster | €55,540 | -28.2% | 99.8% | - |
| IMMO ELMECH Oudsbergen | €167,295 | 30.4% | 84.0% | - |
| Treize Real Estate Merchtem | €200,400 | 63.3% | 52.2% | - |
| lorude invest Grez-Doiceau | €105,899 | 10.8% | 20.9% | 1.2 |
| FAMCO INVEST Waregem | €102,692 | -15.9% | 87.2% | - |
| LV TENDENS Antwerp | €180,050 | -2.4% | 63.7% | - |
| IMSOL Antwerp | €35,489 | -36.3% | 94.3% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Inmo West: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.1m and €6m, founded between 1993 and 2016.
Official details
Source: KBO- Status
- Active since 28-11-2012Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.214.897.6048770 Ingelmunster, since 28-11-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on Inmo West
Inmo West has existed since 2012. Turnover fell from €150,834 in 2014 to €37,932 in 2015.
Turnover has grown every year since 2022.
Ingelbeen holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Inmo West
- What is the company number of Inmo West?
- The company number of Inmo West is 0501.775.654. The VAT number is the same number with BE in front: BE 0501.775.654.
- Where is Inmo West based?
- The registered office is at Pieter Deconinckstraat 30, 8770 Ingelmunster.Company details
- What does Inmo West do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of Inmo West?
- Inmo West is a private limited company (BV).
- When was Inmo West founded?
- Inmo West was founded on 28-11-2012.
- Is Inmo West still active?
- Yes, Inmo West is an active enterprise in the KBO register.
- What is the turnover of Inmo West?
- The turnover of Inmo West was €55,540 in financial year 2025, according to the filed annual accounts.Financials
- Is Inmo West profitable?
- In financial year 2025, Inmo West made a loss of €54,471.
- Where can I find the annual accounts of Inmo West?
- Inmo West filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Inmo West due?
- Inmo West must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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