Equity
€20,474 from €158,594 in 2019
Equity fell by 87% in 6 years.
JAPA Immoservice
Lifetime
12 annual accounts with figures on one time axisGross marginpeak €271,534 (2019)
-€7,283▼ €147
Resultlowest -€66,282 (2021)
-€14,914▼ €1,450
Equitypeak €158,594 (2019)
€20,474▼ 42.1%
Debts
€359,174▲ 5.6%
Staffpeak 0 FTE (2025)
0 FTE
Board3 names since 2014
2 directorsLPK and 1 other
Owners3 names in the annual accounts
100%P & A INVEST
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Loss of €14,914Equity from €35,388 to €20,474Cash from €6,963 to €1,139
Key points
from the 2025 annual accountsLosses
-€138,119 in six years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€359,174 95% of the balance sheet
Financial debts 70%Suppliers 0%Other 30%
Of this, €357,991 falls due within a year.
Turnover not published (abbreviated format)
Checked score
79
Excellent
Financially stronger than 17% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,628 companies (NACE 68, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.2%▼ -0.1 percentage points vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.06, cash €1,139, halved
Equity €20,474 (5.4% of total assets)
lowers risk
Size: total assets €379,648
Founded in 2014
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, micro). It does better than 26% of them on solvency, 3% on liquidity, 24% on profitability and 13% on growth.
The bankruptcy probability was computed on 04-11-2026 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, 1,037 companies had the same profile as JAPA Immoservice has now. Each dot stands for 3 companies, two years later.
93.8%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JAPA Immoservice itself is lower: 0.4% within 12 months. It rests on far more data about JAPA Immoservice than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,037 companies, not a prediction for JAPA Immoservice. 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 €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.11 in 2024), below the usual 1.5. Short-term debt is 94.3% and cash 0.3% of total assets. 94.6% 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
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,914
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11271 sector peers (2025).
NBB · sector comparisonPosition among 11271 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
21 days early
2023
23 days early
2022
5 days early
2021
48 days early
2020
33 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 20 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.
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 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- P & A INVEST 100%score 90equity €776,203 (2025) · 2025 annual accounts of P & A INVEST
- IMMO P & A 50%equity €2.7m (2023) · 2021 annual accounts of IMMO P & A
- KMO CONTINU 50%score 96equity €726,178 (2025) · 2022 annual accounts of KMO CONTINU
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0546713180
2 directors appointed, 1 manager resigning
Resignation: IMMO P&A (manager) · Appointments: TRYELOU (director) and LPK (director) · Permanent representatives: LATHOUWERS André and LATHOUWERS Pieter, Karel · General meeting of 17-02-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Bilzen-Hoeselt
First establishment
Wijngaardstraat 8, Bilzen-Hoeselt
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| JAPA Immoservice Bilzen-Hoeselt | €379,648 | -€7,283 | 5.4% | 0 |
| IMMO PARKSUITE Bruges | €382,721 | -€9,249 | 4.6% | 0 |
| ALESNA Aalst | €370,409 | -€5,102 | 9.9% | 0 |
| BUCEPHALUS Zwevegem | €700,830 | -€32,065 | -3.8% | 0 |
| Stylio Bilzen-Hoeselt | €993,173 | -€74,841 | 90.3% | 0 |
| P.T.J. CONSTRUCT Genk | €714,984 | -€6,275 | 55.6% | 0 |
| POINT OF VIEW Lasne | €169,685 | -€7,613 | -0.6% | 0 |
These companies have the same main activity as JAPA Immoservice: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €170,000 and €993,000, founded between 2007 and 2017.
Official details
Source: KBO- Status
- Active since 19-02-2014Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 1 other
- Establishment unit
- 2.234.910.7813740 Bilzen-Hoeselt, since 01-03-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- Total assets
- €379,648▲ 1.1%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on JAPA Immoservice
JAPA Immoservice files the abbreviated format. That format states no turnover. The gross margin rose from -€9,903 in 2014 to -€7,283 in 2025.
P & A INVEST 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 JAPA Immoservice
- What is the company number of JAPA Immoservice?
- The company number of JAPA Immoservice is 0546.713.180. The VAT number is the same number with BE in front: BE 0546.713.180.
- Where is JAPA Immoservice based?
- The registered office is at Wijngaardstraat 8, 3740 Bilzen-Hoeselt.Company details
- What does JAPA Immoservice do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of JAPA Immoservice?
- JAPA Immoservice is a private limited company (BV).
- When was JAPA Immoservice founded?
- JAPA Immoservice was founded on 19-02-2014.
- Is JAPA Immoservice still active?
- Yes, JAPA Immoservice is an active enterprise in the KBO register.
- What is the turnover of JAPA Immoservice?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is JAPA Immoservice profitable?
- In financial year 2025, JAPA Immoservice made a loss of €14,914.
- Where can I find the annual accounts of JAPA Immoservice?
- JAPA Immoservice filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JAPA Immoservice due?
- JAPA Immoservice must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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