Equity
Intelimmo paid out €145,000 in dividends. That is 184% of the 2025 profit.
Intelimmo paid out €145,000 in dividends. That is 184% of the 2025 profit.
The accounts state no turnover.
Of this, €45,311 falls due within a year.
Short-term debts fell from €52,835 to €45,311.
The 2021 accounts came 8 days late. The other five were filed on time.
Higher net result than 88% of companies in real estate. Sector median €5,986 · 17,185 companies.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 38% of them on solvency, 70% on liquidity, 85% on profitability and 13% 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).
In July 2024, 2,684 companies had the same profile as Intelimmo has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Intelimmo itself: 0.2% within 12 months.
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 2,684 companies, not a prediction for Intelimmo. 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.
Liquidity is insufficient, with a current ratio of 0.79 (2.22 in 2024), below 1. Short-term debt is 9.2% and cash 7.2% of total assets. 82.3% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 24 days before 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.
| Company | ||||
|---|---|---|---|---|
| Intelimmo Bree | €490,201 | €136,546 | 17.7% | - |
| BEHEER E & S Beringen | €556,256 | €121,340 | 25.7% | - |
| WICANO Meerhout | €535,272 | €128,381 | 62.2% | - |
| Médi-Engis Engis | €537,262 | €150,886 | -5.5% | - |
| GERARD Roeselare | €479,662 | €165,496 | 79.3% | - |
| BMB Medical Services Boortmeerbeek | €423,692 | €156,422 | 34.6% | - |
| Debrouckère Office Auderghem | €607,513 | €143,260 | 89.8% | - |
These companies have the same main activity as Intelimmo: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €424,000 and €608,000, founded between 2018 and 2020.
Intelimmo files the micro format. That format states no turnover. The gross margin rose from €12,566 in 2020 to €136,546 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €290,000.
Higher than 40% of 17,194 companies in 2025.
Higher than 37% of 16,491 companies in 2025.
Higher than 82% of 16,870 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
490,201 | 595,591 | 575,337 | 396,145 | 38,397 | 33,442 | |
21/28 |
454,572 | 478,439 | 502,306 | 349,752 | 27,390 | 20,140 | |
22/27 |
454,572 | 478,439 | 502,306 | 349,752 | 27,390 | 20,140 | |
22 |
453,193 | 476,507 | 499,820 | 349,580 | 26,724 | 18,978 | |
23 |
1,380 | 1,932 | 2,485 | 172 | 667 | 1,162 | |
29/58 |
35,629 | 117,152 | 73,032 | 46,393 | 11,007 | 13,302 | |
40/41 |
0 | 68,586 | 62,723 | 24,334 | 5,310 | - | |
40 |
0 | 68,405 | 60,552 | 648 | 4,374 | - | |
41 |
0 | 181 | 2,171 | 23,686 | 937 | - | |
54/58 |
35,204 | 43,517 | 9,025 | 22,059 | 5,696 | 13,302 | |
490/1 |
425 | 5,049 | 1,284 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
490,201 | 595,591 | 575,337 | 396,145 | 38,397 | 33,442 | |
10/15 |
86,543 | 152,724 | 94,274 | 43,164 | 23,000 | 14,808 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
81,543 | 147,724 | 89,274 | 38,164 | 18,000 | 9,808 | |
133 |
81,543 | 147,724 | 89,274 | 38,164 | 18,000 | 9,808 | |
14 |
0 | 0 | - | - | - | - | |
17/49 |
403,658 | 442,867 | 481,063 | 352,981 | 15,397 | 18,634 | |
17 |
358,348 | 389,717 | 420,636 | 325,859 | - | - | |
170/4 |
358,348 | 389,717 | 420,636 | 325,859 | - | - | |
42/48 |
45,311 | 52,835 | 57,439 | 26,539 | 15,397 | 18,634 | |
42 |
31,370 | 30,918 | 30,474 | - | - | - | |
44 |
1,656 | 1,487 | 664 | - | 8,805 | 12,485 | |
440/4 |
1,656 | 1,487 | 664 | - | 8,805 | 12,485 | |
45 |
2,105 | 20,116 | 26,302 | 2,429 | 350 | 307 | |
450/3 |
2,105 | 17,707 | 12,962 | 750 | 350 | 307 | |
454/9 |
0 | 2,410 | 13,340 | 1,679 | - | - | |
47/48 |
10,179 | 314 | 0 | 24,110 | 6,242 | 5,842 | |
492/3 |
0 | 314 | 2,988 | 582 | - | - | |
| Income statement | |||||||
9900 |
136,546 | 171,842 | 108,537 | 50,941 | 28,217 | 12,566 | |
630 |
23,867 | 23,867 | 21,621 | 7,499 | 2,744 | 623 | |
631/4 |
- | - | - | - | 4,530 | - | |
640/8 |
6,689 | 6,516 | 16,406 | 467 | 11,083 | 437 | |
66A |
- | - | 0 | 25,240 | - | - | |
9901 |
105,991 | 141,459 | 70,510 | 17,736 | 9,860 | 11,507 | |
75/76B |
- | 0 | 66 | 2,510 | 100 | - | |
75 |
- | 0 | 66 | 2,510 | 100 | - | |
65/66B |
6,088 | 6,535 | 9,939 | 82 | 37 | 35 | |
65 |
6,088 | 6,535 | 9,939 | 82 | 37 | 35 | |
9903 |
99,903 | 134,924 | 60,638 | 20,164 | 9,923 | 11,471 | |
67/77 |
21,084 | 29,474 | 9,528 | - | 1,731 | 1,663 | |
9904 |
78,818 | 105,451 | 51,109 | 20,164 | 8,192 | 9,808 | |
9905 |
78,818 | 105,451 | 51,109 | 20,164 | 8,192 | 9,808 | |
| Appropriation of the result | |||||||
9906 |
78,818 | 105,451 | 51,109 | 20,164 | 8,192 | 9,808 | |
791/2 |
145,000 | 47,000 | - | - | - | - | |
691/2 |
78,818 | 105,451 | 51,109 | 20,164 | 8,192 | 9,808 | |
6921 |
78,818 | 105,451 | 51,109 | 20,164 | 8,192 | 9,808 | |
694/7 |
145,000 | 47,000 | - | - | - | - | |
694 |
145,000 | 47,000 | - | - | - | - | |
| Social balance sheet | |||||||
9087 |
- | - | 0 | - | - | - | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00192623 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00179211 | |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00176157 | |
| 31-12-2022 | micro format | 09-07-2023 | 2023-00228203 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20275386 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-38000044 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 129,857 | 165,326 | 92,131 | 25,235 | 12,604 | 12,129 | ||
| 102,685 | 129,317 | 72,730 | 27,663 | 10,936 | 10,431 | ||
| 0 | 0 | 174,174 | 329,860 | 9,994 | 20,763 | ||
| -8,313 | 34,492 | -13,034 | 16,362 | -7,606 | - | ||
| -9,682 | 64,317 | 15,592 | 19,854 | -4,390 | -5,332 | ||
| 17.7% | 25.6% | 16.4% | 10.9% | 59.9% | 44.3% | ||
| 0.79 | 2.22 | 1.27 | 1.75 | 0.71 | 0.71 | ||
| 4.66 | 2.90 | 5.10 | 8.18 | 0.67 | 1.26 | ||
| 91.1% | 69.0% | 54.2% | 46.7% | 35.6% | 66.2% | ||
| 16.1% | 17.7% | 8.9% | 5.1% | 21.3% | 29.3% | ||
| 21.33 | 25.30 | 9.27 | over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €174,174 | €329,860 | €9,994 |
| Financial fixed assets | €0 | - | - | - | - |
| €23,867 | €23,867 | €21,621 | €7,499 | €2,744 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 25% lower than in 2024.
Debt's share of the balance-sheet total rises from 74.4% to 82.3%. Equity and debt are lower.
Intelimmo has no parent and no holdings in its annual accounts. VLIEGEN Ruben is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 3 April 2020, Intelimmo was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 VLIEGEN Ruben has served as director since 2020.3 Total assets went from €33,442 in 2020 to €490,201 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Kleine Roodakkerstraat 6 registered office 3960 Bree | 03-04-2020 | 2.301.246.707 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72027A0433/00G000 | 1,527 m² | 1 · 199 m² | 7.3 m · 2 |
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