ITIMMO
ActiveSummary
ITIMMO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.12M and a net result of €191k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-5
Solvency91▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 4.55 in 2023; short-term debt: 26.2% and cash: 35.6% of total assets), and 34.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 2024Solvency, return and age of the figures
Solvency
65.8%
Return on assets
11.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-05-2025, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
87 d early
2023
79 d early
2022
32 d early
2021
1 d early
2020
27 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#5 company by total assets in Boutersem, Real estate sector#7 oldest company in Boutersem, Real estate sector
Turnover
€443k
EBIT margin
55.2%
Net result
€191k▼ 8.3%
2023 · €208k
Working capital
€885k▲ 20.1%
2023 · €737k
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
Line20202021202220232024
Turnover€443k
Operating result€244k▲ 23.0%€234k▼ 4.2%€352k▲ 50.3%€307k▼ 12.7%€257k▼ 16.2%
Net result€166k▲ 28.9%€151k▼ 8.8%€239k▲ 57.8%€208k▼ 12.8%€191k▼ 8.3%
EBIT margin55.2%
Equity€475k▲ 53.8%€583k▲ 22.8%€796k▲ 36.5%€986k▲ 23.9%€1.12M▲ 13.7%
Total assets€779k▲ 21.1%€1.08M▲ 39.2%€1.34M▲ 24.0%€1.35M▲ 0.3%€1.70M▲ 26.3%
Debt€304k▼ 9.1%€501k▲ 64.6%€548k▲ 9.5%€362k▼ 34.0%€582k▲ 60.9%
Working capital€258k▲ 163%€369k▲ 43.0%€575k▲ 55.7%€737k▲ 28.2%€885k▲ 20.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.70M
Fixed assets
€371k ▼ 7.8%
Current assets
€1.33M ▲ 40.9%
Equity and liabilities €1.70M
Equity
€1.12M ▲ 13.7%
Debt
€582k ▲ 60.9%
Debt's share of the balance-sheet total rises from 26.8% to 34.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€290k▼
2023 · €339k
Cash flow
€224k▼
2023 · €241k
Current ratio
2.98▼
2023 · 4.55
Debt to equity
0.52▲
2023 · 0.37
ROE
17.0%▼
2023 · 21.1%
ROA
11.2%▼
2023 · 15.5%
Interest coverage
75.99▼
2023 · 129.72
Debt ≤ 1 year
€446k▲
2023 · €208k
Debt > 1 year
€136k▼
2023 · €154k
Income taxes
€82k▼
2023 · €96k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €443k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €30k | €31k | €32k | €33k | ▲ 2.0% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €3k | ▲ 5.2% |
| Non-recurring operating charges66A | - | €281 | - | - | - | - |
| Gross operating margin9900 | €286k | €267k | €386k | €342k | €294k | ▼ 14.3% |
| Operating profit (loss)9901 | €244k | €234k | €352k | €307k | €257k | ▼ 16.2% |
| Financial income75/76B | - | €6 | - | €5 | €20k | ▲ 387,578% |
| Recurring financial income75 | €24 | €6 | - | €5 | €20k | ▲ 387,578% |
| Financial charges65/66B | - | €4k | €4k | €3k | €4k | ▲ 46.0% |
| Recurring financial charges65 | €6k | €4k | €4k | €3k | €4k | ▲ 46.0% |
| Profit (loss) for the period before taxes9903 | €238k | €230k | €347k | €304k | €273k | ▼ 10.1% |
| Income taxes67/77 | €72k | €79k | €108k | €96k | €82k | ▼ 13.9% |
| Profit (loss) for the period9904 | €166k | €151k | €239k | €208k | €191k | ▼ 8.3% |
| Transfer from tax-exempt reserves789 | - | €36k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €166k | €187k | €239k | €208k | €191k | ▼ 8.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €779k | €1.08M | €1.34M | €1.35M | €1.70M | ▲ 26.3% |
| Fixed assets21/28 | €446k | €427k | €422k | €403k | €371k | ▼ 7.8% |
| Tangible fixed assets22/27 | €446k | €427k | €422k | €403k | €371k | ▼ 7.8% |
| Land and buildings22 | - | €416k | €408k | €388k | €360k | ▼ 7.1% |
| Plant, machinery and equipment23 | - | €546 | €273 | €5k | €4k | ▼ 17.9% |
| Furniture and vehicles24 | - | €7k | €10k | €8k | €6k | ▼ 28.8% |
| Other tangible fixed assets26 | - | €3k | €3k | €2k | €2k | ▼ 25.0% |
| Current assets29/58 | €333k | €657k | €923k | €945k | €1.33M | ▲ 40.9% |
| Amounts receivable within one year40/41 | €36k | €1k | €2k | €5k | €24k | ▲ 435% |
| Trade receivables40 | - | €0 | €230 | €5k | €8k | ▲ 66.0% |
| Other amounts receivable41 | - | €1k | €1k | - | €17k | - |
| Current investments50/53 | - | - | - | €600k | €700k | ▲ 16.7% |
| Cash at bank and in hand54/58 | €294k | €654k | €921k | €339k | €606k | ▲ 78.5% |
| Deferred charges and accrued income490/1 | - | €2k | €524 | €1k | €2k | ▲ 36.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €779k | €1.08M | €1.34M | €1.35M | €1.70M | ▲ 26.3% |
| Equity10/15 | €475k | €583k | €796k | €986k | €1.12M | ▲ 13.7% |
| Contributions10/11 | €0 | €12k | - | - | - | - |
| Outside capital11 | - | €12k | - | - | - | - |
| Other1109/19 | - | €12k | - | - | - | - |
| Reserves13 | €461k | €569k | €796k | €986k | €1.12M | ▲ 13.7% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €567k | €796k | €986k | €1.12M | ▲ 13.7% |
| Profit (loss) carried forward14 | €2k | €2k | - | - | - | - |
| Amounts payable17/49 | €304k | €501k | €548k | €362k | €582k | ▲ 60.9% |
| Amounts payable after more than one year17 | €227k | €210k | €192k | €154k | €136k | ▼ 11.8% |
| Financial debts170/4 | - | €210k | €192k | €154k | €136k | ▼ 11.8% |
| Amounts payable within one year42/48 | €75k | €288k | €348k | €208k | €446k | ▲ 115% |
| Current portion of amounts payable after more than one year42 | - | €18k | €18k | €18k | €18k | ▲ 1.3% |
| Trade debts44 | €5k | €4k | €14k | €3k | €9k | ▲ 198% |
| Suppliers440/4 | - | €4k | €14k | €3k | €9k | ▲ 198% |
| Taxes, remuneration and social security45 | - | €8k | €29k | €63k | €15k | ▼ 76.1% |
| Taxes450/3 | - | €5k | €29k | €63k | €15k | ▼ 76.1% |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €259k | €287k | €124k | €404k | ▲ 226% |
| Accrued charges and deferred income492/3 | - | €3k | €9k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €166k | €151k | €239k | €208k | €191k | ▼ 8.3% |
| + Depreciation and write-downs630 | €40k | €30k | €31k | €32k | €33k | ▲ 2.0% |
| Operating cash flow (approximation) | €206k | €182k | €270k | €241k | €224k | ▼ 6.9% |
| Investment in fixed assets (approximation) | - | €-11k | €-26k | €-14k | €-2k | ▲ 87.6% |
| Change in cash | - | €359k | €267k | €-581k | €266k | ▲ 146% |
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
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.12M ▲13.7%
7 profitable years in a row build equity to €1.12M.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €239k ▲57.8%
Operating result €352k, net result €239k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €583k ▲22.8%
4 profitable years in a row build equity to €583k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €200kEq €309k ▲71.6%
2 profitable years in a row build equity to €309k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Boutersem · 1 establishment unit since 2009
Ground area
855 m²
Building footprint
175 m²
Volume, LiDAR
959 m³
Parcel 24702B0265/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ilse Van Dyck
since 20092.181.410.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24702B0265/00P000 | Flanders | 855 m² | 1 · 175 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 263 EUR awarded · 263 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 263 EUR | 263 EUR |
Similar companies · same sector, comparable size
HERKERBOS
BE 0890.072.295
Hasselt · Eq €1,119,829
IMMOKÉ
BE 0459.940.841
Maaseik · Eq €1,119,339
Immo Meeusen
BE 0455.121.327
Geel · Eq €1,122,564
HARMONT INVEST
BE 0477.601.274
Ukkel · Eq €1,123,370
HALIFAX INV.
BE 0657.860.136
Schoten · Eq €1,123,922
Of 11,756 companies in sector 68310 we hold annual accounts for 6,906. 3,568 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
Founded16-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Contact
Website
www.itimmo.beBoutersem
E-mail
ilse@itimmo.beBoutersem
Scores and ratios are computed by Checked and are not a credit decision.