KL.IMMO
ActiveSummary
The computed 12-month bankruptcy probability of KL.IMMO is 2.2% (moderate). The 2025 annual accounts show equity of €115k and a net result of €-44k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 7500 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-14
Solvency35▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.58 in 2024; short-term debt: 40.6% and cash: 2.5% of total assets), and 90.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
202122232425
2020 to 2025 · latest year €-44k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
10 d late
2024
29 d late
2023
30 d late
2022
63 d late
2021
20 d early
2020
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€115k▼ 27.9%
2024 · €160k
Total assets
€1.18M▲ 8.7%
2024 · €1.09M
Net result
€-44k▲ 14.8%
2024 · €-52k
Working capital
€-188k▼ 72.5%
2024 · €-109k
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
Line20212022202320242025
Operating result€210k▲ 7,669%€132k▼ 37.0%€-53k€-23k▲ 56.2%€-18k▲ 21.1%
Net result€166k▲ 8,269%€118k▼ 29.1%€-78k€-52k▲ 32.6%€-44k▲ 14.8%
Equity€208k▲ 550%€289k▲ 39.2%€212k▼ 26.8%€160k▼ 24.7%€115k▼ 27.9%
Total assets€522k▲ 1,492%€1.04M▲ 99.7%€1.10M▲ 5.3%€1.09M▼ 1.0%€1.18M▲ 8.7%
Debt€314k▲ 39,094%€752k▲ 140%€886k▲ 17.7%€926k▲ 4.6%€1.07M▲ 15.0%
Working capital€-100k€-131k▼ 31.2%€-188k▼ 43.7%€-109k▲ 42.0%€-188k▼ 72.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€890k ▼ 4.6%
Current assets
€290k ▲ 89.5%
Equity and liabilities €1.18M
Equity
€115k ▼ 27.9%
Debt
€1.07M ▲ 15.0%
Debt's share of the balance-sheet total rises from 85.3% to 90.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2024 · €119k
Cash flow
€29k▼
2024 · €90k
Current ratio
0.61▲
2024 · 0.58
Quick ratio
0.21▼
2024 · 0.22
Debt to equity
9.25▲
2024 · 5.81
ROE
-38.6%▼
2024 · -32.7%
ROA
-3.8%▲
2024 · -4.8%
Interest coverage
2.22▼
2024 · 4.10
Debt ≤ 1 year
€479k▲
2024 · €262k
Debt > 1 year
€586k▼
2024 · €664k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €267 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €94k | €143k | €142k | €74k | ▼ 48.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €908 | - | €327 | €96 | ▼ 70.7% |
| Other operating charges640/8 | €14k | €3k | €266 | €862 | €2k | ▲ 122% |
| Gross operating margin9900 | €264k | €230k | €90k | €120k | €58k | ▼ 52.0% |
| Operating profit (loss)9901 | €210k | €132k | €-53k | €-23k | €-18k | ▲ 21.1% |
| Financial income75/76B | €3k | €2k | €0 | €68 | €869 | ▲ 1,175% |
| Recurring financial income75 | €3k | €2k | €0 | €68 | €869 | ▲ 1,175% |
| Financial charges65/66B | €1k | €7k | €24k | €29k | €27k | ▼ 7.0% |
| Recurring financial charges65 | €1k | €7k | €24k | €29k | €25k | ▼ 13.6% |
| Non-recurring financial charges66B | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €212k | €127k | €-78k | €-52k | €-44k | ▲ 14.8% |
| Income taxes67/77 | €46k | €9k | - | - | - | - |
| Profit (loss) for the period9904 | €166k | €118k | €-78k | €-52k | €-44k | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | €166k | €118k | €-78k | €-52k | €-44k | ▲ 14.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €522k | €1.04M | €1.10M | €1.09M | €1.18M | ▲ 8.7% |
| Fixed assets21/28 | €397k | €925k | €1.03M | €933k | €890k | ▼ 4.6% |
| Tangible fixed assets22/27 | €397k | €925k | €1.03M | €933k | €890k | ▼ 4.6% |
| Land and buildings22 | €239k | €718k | €863k | €849k | €851k | ▲ 0.3% |
| Plant, machinery and equipment23 | €138k | €150k | €76k | €12k | €3k | ▼ 77.8% |
| Furniture and vehicles24 | €20k | €57k | €96k | €72k | €36k | ▼ 50.0% |
| Current assets29/58 | €125k | €117k | €63k | €153k | €290k | ▲ 89.5% |
| Stocks and contracts in progress3 | - | €15k | €25k | €96k | €191k | ▲ 98.8% |
| Stocks30/36 | - | €15k | €15k | €86k | €191k | ▲ 123% |
| Contracts in progress37 | - | - | €10k | €10k | - | - |
| Amounts receivable within one year40/41 | €76k | €84k | €22k | €31k | €65k | ▲ 111% |
| Trade receivables40 | €76k | €84k | €22k | €31k | €65k | ▲ 111% |
| Cash at bank and in hand54/58 | €49k | €17k | €14k | €22k | €29k | ▲ 32.6% |
| Deferred charges and accrued income490/1 | €128 | €699 | €2k | €5k | €6k | ▲ 21.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €522k | €1.04M | €1.10M | €1.09M | €1.18M | ▲ 8.7% |
| Equity10/15 | €208k | €289k | €212k | €160k | €115k | ▼ 27.9% |
| Contributions10/11 | €40k | €24k | €24k | €24k | €24k | = |
| Profit (loss) carried forward14 | €168k | €265k | €188k | €136k | €91k | ▼ 32.8% |
| Amounts payable17/49 | €314k | €752k | €886k | €926k | €1.07M | ▲ 15.0% |
| Amounts payable after more than one year17 | €89k | €505k | €635k | €664k | €586k | ▼ 11.7% |
| Financial debts170/4 | €89k | €505k | €635k | €664k | €586k | ▼ 11.7% |
| Amounts payable within one year42/48 | €225k | €248k | €251k | €262k | €479k | ▲ 82.4% |
| Current portion of amounts payable after more than one year42 | €10k | €75k | €66k | €76k | €78k | ▲ 3.3% |
| Financial debts43 | - | - | €52k | - | €25k | - |
| Credit institutions430/8 | - | - | €52k | - | €25k | - |
| Trade debts44 | €29k | €8k | €5k | €18k | €34k | ▲ 90.4% |
| Suppliers440/4 | €29k | €8k | €5k | €18k | €34k | ▲ 90.4% |
| Taxes, remuneration and social security45 | €75k | €73k | €11k | €3k | €23k | ▲ 649% |
| Taxes450/3 | €75k | €73k | €11k | €3k | €23k | ▲ 649% |
| Other amounts payable47/48 | €111k | €93k | €117k | €165k | €318k | ▲ 92.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €166k | €118k | €-78k | €-52k | €-44k | ▲ 14.8% |
| + Depreciation and write-downs630 | €40k | €94k | €143k | €142k | €74k | ▼ 48.0% |
| Operating cash flow (approximation) | €206k | €212k | €65k | €90k | €29k | ▼ 67.2% |
| Investment in fixed assets (approximation) | - | €-622k | €-253k | €-41k | €-31k | ▲ 23.5% |
| Change in cash | - | €-32k | €-4k | €8k | €7k | ▼ 13.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €166k ▲8,269%
Operating result €210k, net result €166k, both a record.
31-12
Financial
Equity above €200kEq €208k ▲550%
2 profitable years in a row build equity to €208k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Baelen · 1 establishment unit since 2020
Ground area
995 m²
Building footprint
175 m²
Volume, LiDAR
1,002 m³
Parcel 63004A0472/00D000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KL IMMO
since 20202.301.518.307
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004A0472/00D000 | Wallonia | 995 m² | 1 · 175 m² | 7.6 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 13,001 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
Founded28-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43910Bricklaying and masonry work
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.