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KAPIMMO

Active Private limited companyfounded 2019active for 6 yearsRue de la Croix André 66, 4550 NandrinKBO/BCE: BE 0740.466.128
KAPIMMO
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Overview

Lifetime

6 annual accounts with figures on one time axis
peak €23,484 (2020)
€19,200▲ 10.3%
lowest -€3,669 (2022)
€4,365▲ 41.3%
peak €35,090 (2025)
€35,090▲ 14.2%
€7,252▲ 124%
Board1 name since 2019
1 directorGOFFIN Pascal
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €7,843 to €10,230Result from €3,090 to €4,365Equity from €30,725 to €35,090Debts from €3,237 to €7,252

Key points

from the 2025 annual accounts

Equity

€35,090 ▲ 14.2%

KAPIMMO has made a profit without a break since 2023.

Growth

3 years
202020212022202320242025

3 years of growth in a row. Turnover 2025: €19,200.

Payment terms

41 days from customers
Customers
12 to 41

Customers pay 29 days later.

Liquidity

5.15 was 8.95 in 2024

Short-term debts rose from €3,237 to €7,252.

Filings

6 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2025 accounts came 55 days late. The other five were filed on time.

Position in the sector

82.9%

Higher solvency than 87% of companies in real estate. Sector median 28.9% · 17,194 companies.

Checked score

94
Excellent
Financially stronger than 76% of micro 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: 0.2% across 26,626 companies (NACE 68, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 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 12-2025lowest value 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: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 82.9% of total assets
96-4short-term debt 17.1% · cash 83.2%
63-24return on assets 10.3%

Score breakdown

raises risk
Size: turnover €19,200, total assets €42,342
Last filed accounts filed 55 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 5.15, cash €35,210
Sector: Real estate activities (NACE 68)
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 91% of them on solvency, 94% on liquidity, 50% on profitability and 69% 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, 26,972 companies had the same profile as KAPIMMO has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of KAPIMMO itself is lower: 0.1% within 12 months. It rests on far more data about KAPIMMO than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for KAPIMMO. 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 ample, with a current ratio of 5.15 (8.95 in 2024), above the usual 1.5. Short-term debt is 17.1% and cash 83.2% of total assets. 17.1% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.15, cash €35,210
NBB · annual accounts
raises risk · Size: turnover €19,200, total assets €42,342
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Last filed accounts filed 55 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €35,090
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
55 days late
2024
6 days early
2023
8 days early
2022
26 days early
2021
34 days early
2020
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 9 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 24 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GP
GOFFIN Pascal
Director, since 18-12-2019
Board & ownership

Recent changes

Incorporation Founding capital of €25,119.35, 100 shares · Transfer: G.P.R ATELIERS GOFFIN transfers a branch of activity to KAPIMMO · Founder: G.P.R ATELIERS GOFFIN · published on 30-12-2019 · Gazette deed
First establishment -, Rue Jean de Seraing 91, Seraing
All 11 events

Comparable companies

same main activity, similar in size and age
Company
KAPIMMO Nandrin €19,200 43.8% 82.9% -
NOMADS CONCEPT Brussels - - 71.1% -
MGLG Mont-Saint-Guibert - - 78.9% -
ARTY INVEST Sint-Truiden - - 56.0% -
CLICKINVEST Dinant - - 21.4% -
Blaise Immo Donceel - - 75.0% -
T-IMMO INVEST Welkenraedt €63,669 25.0% 87.9% -
-10%0%10%20%€20,000€200,000€2m€20m€200m€2bnKAPIMMOEBIT margin

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 KAPIMMO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €43,700 and €52,200, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 24-12-2019Normal situation
Activity
Buying and selling of own real estateNACE 68110and 3 others
Establishment unit
2.301.406.2614100 Seraing, since 24-12-2019
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€19,200▲ 10.3%
€4,365▲ 41.3%
€35,090▲ 14.2%
€42,342▲ 24.7%
Filing
Filed on 24-09-2026
Financials

Insights on KAPIMMO

Turnover has grown every year since 2022. Solvency fell in 2025 from 90.5% to 82.9%.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 24-09-2026, 55 days late
€19,200
▲ 10.3%
€8,410
▲ 39.0%
-
-
82.9%
▼ 7.6 percentage points
5.15
▼ 3.80

Money flows

of every €100 of turnover, €22.73 remains as profit in 2025

Balance sheet

balance sheet total €42,342 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

82.9%

Higher than 87% of 17,194 companies in 2025.

5.15

Higher than 86% of 16,491 companies in 2025.

10.3%

Higher than 76% of 16,870 companies in 2025.

KAPIMMO Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 42,34233,96228,75827,20233,44335,322
21/28 5,0005,0005,0289,33613,64317,950
21 --06951,3892,084
22/27 5,0005,0005,0288,64112,25415,866
22 5,0005,0005,0288,64112,25415,866
29/58 37,34228,96223,73017,86619,80017,372
40/41 2,132583776776777-
41 2,132583776776777-
54/58 35,21028,37922,95417,09018,61116,924
490/1 ----412448
Balance sheet: equity and liabilities
10/49 42,34233,96228,75827,20233,44335,322
10/15 35,09030,72527,63526,77230,44131,910
10/11 1,4541,4541,4541,4541,4541,454
13 31,98227,61824,52823,66523,66523,665
132 2,8202,8202,8202,8202,8202,820
133 29,16224,79821,70820,84520,84520,845
14 1,6541,6531,6531,6535,3226,791
17/49 7,2523,2371,1234303,0023,412
42/48 7,2523,2371,1234303,0023,412
44 1,452-214---
440/4 1,452-214---
45 5,8003,2379094303,0022,735
450/3 5,8003,2379094303,0022,735
47/48 -----677
Income statement
70 19,20017,40016,60015,00016,76323,484
9900 10,2307,8438,3163,7695,31218,582
60/61 11,16311,50210,28113,15111,4514,902
630 -284,3084,3074,3077,169
640/8 1,8201,7631,6831,5491,5161,299
9901 8,4106,0522,325-2,087-51110,114
75/76B 74--1--
75 74--1--
65/66B 810471717692692588
65 810471717692692588
9903 7,6745,5811,608-2,778-1,2039,526
67/77 3,3092,4917458912662,735
9904 4,3653,090863-3,669-1,4696,791
689 -----2,820
9905 4,3653,090863-3,669-1,4693,971
Appropriation of the result
9906 6,0184,7432,5161,6535,3223,971
14P 1,6531,6531,6535,3226,791-
691/2 4,3643,090863--20,845
6921 4,3643,090863--20,845
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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 24-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 55 days after the deadline. Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00523274.

Financial year Type Filed Reference Document
31-12-2025 micro format 24-09-2026 2026-00523274 PDF
31-12-2024 micro format 25-07-2025 2025-00308188 PDF
31-12-2023 micro format 23-07-2024 2024-00288441 PDF
31-12-2022 micro format 05-07-2023 2023-00223688 PDF
31-12-2021 micro format 27-06-2022 2022-20133978 PDF
31-12-2020 micro format 25-06-2021 2021-27000469 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
-6,0806,6332,2203,79617,283
-3,1185,1716382,83813,960
-0000163,874
6,8315,4255,864-1,5211,687-
30,09025,72522,60717,43616,79813,960
43.8%34.8%14.0%-13.9%-3.0%43.1%
82.9%90.5%96.1%98.4%91.0%90.3%
5.158.9521.1341.556.605.09
0.210.110.040.020.100.11
12.4%10.1%3.1%-13.7%-4.8%21.3%
10.3%9.1%3.0%-13.5%-4.4%19.2%
-12.919.253.215.49-
41 days12 days17 days19 days17 days-
47 days-8 days---

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.

Insights on KAPIMMO

The operating result for 2025 is 39% higher than in 2024 and the highest since 2020. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total rises from 9.5% to 17.1%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
GOFFIN Pascal
Director (not named in the articles)
since 18-12-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 24-09-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GOFFIN Pascal
Director (not named in the articles)
Board
Mandates as a list
  • GOFFIN Pascal
    • Director (not named in the articles), from 18-12-2019 to date

See the board, name and registered office on a given date →

Control

Shareholder
G.P.R. ATELIERS GOFFIN
Equity €237,193
Loss €8,004 in 2025 (profit €13,045 in 2024)
Checked score 89
Source: deed 30-12-2019
share not stated
This company
KAPIMMO
Equity €35,090
Profit €4,365 in 2025

Capital

Contribution
€1,454
Shares
100
Contribution per share
€14.54
Equity per share
€351 in 2025
Source
2025 annual accounts

Articles of association

deed of 30-12-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement aux actions acquises, tous cas de cessions entre vifs,à titre onéreux ou…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of May at 19:30
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Capital transactions

Shareholders according to the deeds
At incorporation deed of 30-12-2019 ↗
Capital over time
  1. 30-12-2019 Incorporation · €25,119.35 · 100 shares

Network & group

No group

KAPIMMO has no parent and no holdings in its annual accounts. GOFFIN Pascal is the only director.

At the same address

Rue de la Croix André 66, 4550 Nandrin · 1 other company
G.P.R. ATELIERS GOFFIN
registered office since 31-12-2002 · founded in 2002
 turnover €361,159 (2025)
0479.188.809

Connections & network

1 current director
Depth

The network starts from the directors of KAPIMMO. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

11 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 55 days late
2025
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 8 days before the deadline
2023
Back to profit net €863 The net result is €863, after 2 loss-making years.
Annual accounts 2022 filed PDFmicro format · 26 days before the deadline
2022
Weakest financial year net -€3,669 The net result drops to -€3,669, the lowest from 2020 to 2025. It recovers the following year.
Liquidity more than 6 times current ratio 41.55 The current ratio rises from 6.60 to 41.55. Short-term debt falls from €3,002 to €430.
Annual accounts 2021 filed PDFmicro format · 34 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 36 days before the deadline
2019
IncorporationFounding capital of €25,119.35, 100 shares · Transfer: G.P.R ATELIERS GOFFIN transfers a branch of activity to KAPIMMO · Founder: G.P.R ATELIERS GOFFIN · published on 30-12-20196 points ▸
  • Founder, G.P.R ATELIERS GOFFIN
  • Founding capital, €25,119.35, 100 shares
  • G.P.R ATELIERS GOFFIN holds 100 shares
  • Transfer of a branch of activity or universality, EUR
  • Registered office clause, rue de la Croix André, numéro 66, 4550 Nandrin
  • Director appointment, GOFFIN Pascal (director (not named in the articles))
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment -, Rue Jean de Seraing 91, Seraing

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 24 December 2019, KAPIMMO was incorporated as a private limited company by G.P.R ATELIERS GOFFIN, with a starting capital of €25,119.12 GOFFIN Pascal has served as director since 2019.3 Turnover went from €23,484 in 2020 to €19,200 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-12-2019
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0740.466.128
VAT number
BE 0740.466.128
Legal form
Private limited company
Status
Active, normal situation
Founded
24-12-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of May at 19:30
deed of 30-12-2019 (in French)
Peppol
Not found in the Peppol Directory
Name
KAPIMMO in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-12-2019 (in French)

Activities

NACEBEL 2025
68110 Buying and selling of own real estate main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
68203 Renting and operating of own or leased non-residential real estate, excluding land
68204 Real estate activities
Codes under NACEBEL 2008
68100 Real estate activities main activity
68201 Real estate activities
68203 Real estate rental
68204 Real estate activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“La constitution,l’accroissement et la gestion d’un patrimoine mobilier et de placements de trésorerie; Toutes opérations en rapport avec les…”
5 activities
  1. La constitution,l’accroissement et la gestion d’un patrimoine mobilier et de placements de trésorerie
  2. Toutes opérations en rapport avec les biens et droit mobiliers,de quelque nature qu’ils soient,tels que l’achat,la vente,la location
  3. Exercer la fonction de gérant,fondé de pouvoirs,mandataire ou liquidateur dans d’autres sociétés ou entreprises civiles dont l’objet social est identique,similaire ou analogue au sien
  4. La constitution,l’accroissement et la gestion d’un patrimoine immobilier
  5. Toutes opérations en rapport avec les biens immobiliers et les droits réels en matière immobilière,tels que l’achat,la vente,la construction,la transformation,l’aménagement,la location,l’échange,le lotissement et,en général,toutes opérations qui se rapportent directement ou indirectement à la gestion ou à la mise en valeur de biens immobiliers ou de droits réels en matière immobilière
deed of 30-12-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de la Croix André 66 registered office 4550 Nandrin
- Rue Jean de Seraing 91, 4100 Seraing 24-12-2019 2.301.406.261

Buildings and parcels at the address

Ground area
2,080 m²
Buildings
205 m²
Volume, LiDAR
858 m³
Tallest building
5.6 m
Buildings to scale, each on its own parcel
205 m², 5.6 m 205 m², 5.6 m

Location

registered office establishment approximate The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
61043D0009/00M0022,080 m² 1 · 205 m² 5.6 m · 1

Contact

E-mail pascal.gof@skynet.be
Phone +32 475 66 32 87

Invoicing and payment

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