Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Ten of the last ten came late. The 2019 accounts came latest: 118 days after the end of the period.
Less equity than 82% of companies in real estate. Sector median €86,489 · 19,823 companies.
In July 2024, 1,215 companies had the same profile as L'immo has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,215 companies, not a prediction for L'immo. 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.
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.
| Company | ||||
|---|---|---|---|---|
| L'immo Tremelo | €614,220 | -€13,890 | -1.4% | - |
| CAENEN INVESTMENTS 2 Middelkerke | €591,131 | -€7,656 | -21.2% | - |
| LAMEIRE INVEST Beernem | €567,932 | -€52,238 | 21.7% | - |
| AXIOM INVEST Namur | €565,258 | -€19,086 | -42.6% | - |
| CLAESSENS MAKELAARS Hoogstraten | €551,441 | -€11,957 | 57.3% | - |
| GROWING 3 Ghent | €560,866 | -€1,074 | -32.4% | - |
| B FACILITIES Zaventem | €399,322 | -€3,290 | 86.4% | - |
These companies have the same main activity as L'immo: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €399,000 and €591,000, founded between 2008 and 2011.
L'immo files the micro format. That format states no turnover. The gross margin fell from €65,085 in 2013 to -€13,890 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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